BioAmber Inc. (Form: 8-K, Received: 05/19/2015 17:32:20)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): May 15, 2015

BIOAMBER INC.

(Exact name of registrant as specified in its charter)



Delaware	001-35905	98-0601045
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)



1250 Rene Levesque West, Suite 4110 Montreal, Quebec, Canada H3B 4W8		3850 Lane North, Suite 180 Plymouth, Minnesota 55447
(Address of principal executive offices)

Registrant’s telephone number, including area code (514) 844-8000

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.07 Submission of Matters to a Vote of Security Holders.

BioAmber Inc. (the “Company”) held its Annual Meeting of Shareholders on May 15, 2015 in Sarnia, Ontario, Canada (the “Annual Meeting”). According to the inspector of elections, the stockholders present in person or by proxy represented 17,887,701 shares of common stock (entitled to one vote per share). The number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes with respect to each proposal voted upon at the Annual Meeting are set forth below.

Proposal 1 – The Election of Class II Director . The stockholders voted on the election of one Class II director, Heinz Haller, to hold office until the 2018 annual meeting of stockholders and until his successor is duly elected and qualified, subject to his earlier resignation or removal. The stockholders voted as follows:




	Votes For	Votes Withheld	Abstentions	Broker Non-Votes

Heinz Haller	15,286,332	12,651	_	2,588,718

Accordingly, Mr. Haller was elected to the Company’s board of directors.

Proposal 2 – Ratification of the Amended and Restated 2013 Stock Option and Incentive Plan The stockholders voted on the ratification of the Amended and Restated 2013 Stock Option and Incentive Plan. The stockholders voted as follows:


Votes For	Votes Against	Abstentions

9,080,377	6,216,036	2,570

Accordingly, the Amended and Restated 2013 Stock Option and Incentive Plan was ratified.

Proposal 3 – Ratification of Appointment of Independent Registered Public Accounting Firm. The stockholders voted on the ratification of the appointment of Deloitte LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2015. The stockholders voted as follows:


Votes For	Votes Against	Abstentions

17,847,924	39,158	619

Accordingly, the appointment of independent registered public accounting firm was ratified.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit 10.1 Amended and Restated 2013 Stock Option and Incentive Plan

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



Date: May 19, 2015	BIOAMBER INC.

	By:	/s/ Jean-François Huc
		Jean-François Huc
		President, Chief Executive Officer and Director

Exhibit 10.1

BIOAMBER INC. AM E NDED AND R E STA T ED

2 01 3 S T O C K OPTI O N A N D I N CENT I V E PL A N

SECTION 1. G ENER AL P U RPOSE OF T HE PL AN; DEFI NI T I O NS

The na m e of t h e p l an i s t he Bi oA m ber In c . A m end e d an d R estate d 20 13 S t o c k O p tio n an d I n ce n ti ve Plan (th e “ P lan”) . Th e purpos e o f th e Pl a n i s t o e n coura g e and e nable t he offi c e rs, e m p l o y ee s , No n-E m p l o y ee D i rec t ors and o t her key per s o ns ( i nc ludi ng C o nsu lta n t s a n d p r o s pec ti ve e m p l o y ees) of Bi oA m ber I nc. ( t he “ C o m pan y ”) a n d it s Subsidiarie s upo n whos e j udg m ent , initiativ e a nd effort s t he C o m p an y largel y dep e nd s fo r th e successfu l c onduct of it s b u si n es s t o acq u ir e a p r o prietar y i n teres t i n t he C o m p a n y . I t i s a n tici p ate d tha t pro v i d in g s u c h p e rso ns wit h a d irec t stak e i n t he C o m p a n y’ s welfar e wil l ass u r e a close r i de n tificati on o f t h e i r i n terest s wit h th ose o f t he C o m p a ny and it s s t o c k hol ders, t h e reby s t i m u l a ti ng t he i r e ff or t s o n t he C o m pan y ’s b e ha l f a n d s t r e ngt hen in g t he i r de s i re t o re m ai n wit h th e C o m p a n y.

The following ter m s shall be def i ned as set for t h below:

“Act” m ea ns t he Securitie s Ac t of 19 3 3 , a s ame nd e d , a nd th e r u le s an d reg u lati ons t h ereu nd e r.

“Administrator” m eans either the Bo a rd or t he c o m pens atio n com m itte e o f th e B o ar d o r a si m i lar co mm itt ee per f or m i ng t he f u ncti ons of t he c o m pensa ti on c o mm i tt ee and w h ic h i s co m pr i s e d of n ot le ss t han tw o N o n - E m p l o y ee D i rec t ors wh o are i nd e p e nd e n t .

“Awa r d” o r “Aw a r ds,” exc e pt wh e re r e ferring t o a p a rticular ca t e g ory of gr a nt u n der t he P l an, s ha l l i nc l ude I nc e n ti ve S t ock O p tio ns, N o n- Qua lifie d S t o c k O p ti on s , S t o c k A pp rec i a ti on R i gh t s, Re s t r i c t ed S t ock U n it s, Restricted Sto c k Aw a rds, Unrestr i cte d S t oc k Awards , Cash-Base d A ward s , P e rfor m a nce Sh a re Aw a rds and D i v i d e n d E q u i va le nt Rig h t s.

“Award Certificate” m ea ns a writte n or electro n i c do c u m e nt setti ng fort h t he ter m s a nd pro v isio ns a pp lica b l e t o a n Awar d gra n te d u n d e r t he P l a n. Eac h Awar d Certificat e i s sub j ec t t o t he ter m s a nd c o n d iti ons o f t he Plan.

“Boa r d” m eans the B oard of Di rector s o f th e Co m p any.

“ C a s h- B as e d A w a r d” m ean s a n Awar d e n titlin g th e recip i en t t o receive a cash-d e no m i n a ted pay m ent.

“Code” m eans the Internal R e venue C o de o f 1986 , a s a m e nd e d , an d a ny succes s or Code , an d relate d rules, reg u lati ons a nd i n ter p retatio n s .

“ C o n su lta n t ” mea ns a ny n a t ur a l p erso n t h a t p ro v i d e s b o n a f i d e service s t o th e C o m p any , an d s u c h s e rvices ar e not i n c o nnecti on wit h t he offe r or sal e o f sec u ritie s i n a ca p ital-raisin g tra n sactio n an d do n ot d irectl y or i nd irectl y pro m o t e or m ai n t a i n a m ar k e t f or t he C o m p a n y’ s securities.

“Cover e d E mployee” m eans an e m ployee who is a “ C ov e red E m ployee” within t he m eaning of Sec ti on 1 6 2 ( m ) of t he C od e .

“Dividend Equivalent Right” mea ns a n Awar d e n titli ng t he gr a n te e t o recei ve cre d it s base d on cash d i v i d e n ds t hat w o u l d h a ve b e en pa i d o n th e shar e s of S t o c k spec i f i e d i n th e D i v i de n d E q u i va le nt R i ght ( o r o t h e r awar d t o w h ic h i t relates ) i f s u c h s h are s h a d bee n issu e d t o an d he l d b y th e grantee.

“Effective Da t e” m ean s th e dat e specifi e d i n Sectio n 21.

“Exc ha nge Ac t ” m ea ns t he Sec u ritie s E x c h a nge Ac t o f 1 93 4, a s a m e nd ed , an d t he r u le s a nd reg u lati ons ther e under.

“Fair Market Valu e ” of t he S t ock o n a ny gi ven da t e m eans t he fa i r m a r k et va l ue o f t he S t ock de t e r m i n ed i n go od f ait h b y t he A d m i n is tr at or; p r o v i d ed , ho w e v e r, t h a t i f t he St o c k i s a d m i tte d t o q u o tati on o n t he Ne w Y o rk St o c k E x c h ang e o r a no t h e r n a ti on a l sec u ritie s e x c h a ng e , t h e d eter m i n ati on s h al l be m a de by refere n c e t o m ar k et q u o t a ti o n s. I f t here are n o m a rket q uo t a tio ns f or s u c h da t e , t he d eter m i n at ion shal l be m a de by refere n c e t o t he last da t e p rec e d in g su c h da t e f or w h ic h t he r e a re ma rk e t qu o tati ons; p r o v i d e d f ur t h e r, howe v er , t h a t i f th e d at e f or w h ich Fai r Mar k e t Val ue i s d eter m in e d i s t he firs t d a y w h e n t r a d i ng p r i ces f o r th e S t o c k a re r e p or t e d on a na ti onal sec u ritie s e x cha ng e , t he Fai r Mar k e t Val ue s h al l be t he “ P ric e t o t he P ub l i c ” ( or eq u i v ale n t ) se t f o rt h o n t he c ov e r p a ge f or t he fina l p r o s p ect us relati ng t o t he C o m p a n y’ s I n itia l Pu b li c Offeri ng.

“Incentive Stock Option” m e ans a ny S t ock Op tio n des i gn a te d a n d q ua li f ie d as an “ i nc e nti ve s t o c k op t i on” as d e f i n e d i n S ec ti on 4 2 2 o f t he C od e .

“Initial Public Offering” m e a ns t he c on s u mmati on o f t he firs t f u ll y u n d erwritte n, fir m c o mmi t m e nt p u b lic o f fer i ng p u r su a nt t o a n e ff e c ti ve reg i s t ra tio n s t a t e m ent u n d e r t he Act c o ve ri ng t he o f fer a n d sa l e by t he C o m pany o f it s e qu it y sec u rities , or s u c h o t h e r e v e nt a s a res u l t o f or f o ll o w i ng w h ic h t he S t o c k s h al l be p u b licl y h e l d.

“Non- E mploy e e Directo r ” m ea ns a m e m b e r o f t he B o a rd w h o i s n ot als o a n e m ploye e o f th e Co m p an y or any S ubs i d ia r y .

“Non-Qualified Stock Option” m ea ns a ny S t o c k O p tio n t h a t i s n ot a n I n ce n ti ve S t o c k Opti on.

“Option” or “Stock Option” m eans any o p ti on t o p ur c hase shar e s of S t o c k g ran t e d p u r s ua nt t o Sec tio n 5.

“Per f o r m anc e - Bas e d A w a r d” m ean s an y Restricte d Stoc k Aw a rd , Re s t r i c t ed S t o c k U n it s, P e r f or m a nce Sh a re Aw a rd o r Ca s h-Bas e d Aw a rd g r a nted to a C o ver e d E m p l o ye e t h a t i s i n ten d e d t o qualif y a s “ p erfor m ance- bas e d c o m pensa ti on” u n d e r S ec ti on 1 62 ( m ) of t he C ode a n d t he r e g u lati ons p r o m u l ga te d t h e r e u n de r .

“Performance Criteria” m e a ns t he criteri a t h a t th e Ad m inistrato r select s f or p u rp os e s o f esta b lis h in g t h e Pe r fo r m a n c e G o a l o r Per f o r manc e Goal s fo r a n indiv i dua l fo r a P e r f or m anc e Cycle . T he Perfor m anc e Criteria (w h ic h s h al l be ap p lica b l e t o t he o r g a n izati on a l le v e l s p ecifie d by t he Admi n istrat o r , i n cl ud in g, b ut not l i mite d t o, t he C o m p a ny o r a u n it , d i v isio n, grou p, or Su bs i d iar y o f t he C o m p a n y ) t h a t wil l be us e d t o esta b lis h Perf o r m a n ce G o al s ar e li m i t e d t o t he f o llowin g: ear n i n g s b e for e i n ter e s t , ta xes, d e pr ec i a ti on a n d a m or ti za ti on, net in co m e ( l oss) (e it her b e f o re or af te r i n te res t , ta xe s , de p rec i a ti on a nd / or a m or ti zat i on ) , c ha n ges i n t he m a rket p r i ce of t he S t oc k , eco n o m i c va lu e-a d d e d, f un ds f r om opera tion s o r s i m ila r m e asur e , sa le s o r rev e n ue, a c q u i s iti ons or s t ra t e g i c t ransac tio ns, o pera tin g i nco m e ( l o s s), ca s h f l ow ( i nc lu d in g, but n ot li m ite d t o, op e ra tin g c a sh f lo w a nd fr ee cash f lo w), re t u r n o n c a p ital , asse t s, e qu ity , or i n ves t m e n t , s t o c k h o l d e r re tu rn s , re t u r n on sa l e s, gr oss or net p r of i t le ve l s , p ro du cti v ity , e xp e ns e , m ar g ins , o p erati ng efficie n cy , c u s t ome r satisfactio n, w o r k in g capital , ear n in gs ( l o ss ) p e r s h a re o f St o c k, sale s o r m a rk e t s h a r e s a nd nu m b e r of c u s t ome r s , a ny o f w h ic h m a y be meas ur e d eithe r i n a b s o l u te ter m s or as c o m pared to a ny incre m en ta l increas e o r a s c o m p are d t o re s ult s of a pe e r g r o u p. T he C o m m i t t ee m a y appropriatel y adjus t a ny e v aluatio n p e r f o r m a nce u n d e r a P e r f or m a nce C r ite r io n to exc l ude any of the fo l l owing e v e n t s t h a t o cc u r s d u r i n g a Perf or m a n c e Cycle : (i ) asse t wr i te-d o w ns o r im p air m e n ts , (ii ) liti g ati on o r cla im j ud g m e n t s or settl e m e n ts , (iii ) t he effec t of c h an g e s i n ta x l aw , acco un tin g pri n ci p le s o r ot h e r s u c h law s or p ro v i s i o n s a f f e c ti ng re p or t i ng re s u lt s, ( i v) a c crua l s f or r e o r gan i za tio ns a n d res tr uc t ur i ng p ro gra m s, ( v ) a ny ex t r a o r d i n a ry n o n -re c u rr in g i t e m s, i nc lu d in g t hose des c r i b e d i n t he F i n a n c ia l Acc o un t i ng S t a n da r ds B o a r d ’s au th or itati ve g u i d a nce a nd / or i n m a nage m e n t ’s d i s c uss i on a nd ana ly s i s of fi nanc ia l c o n d iti on o f op e ra tio ns appe a r in g t he C o m pan y ’s a n nual r e p o rt t o s t oc k ho l ders f or t he a pp lic a b l e y ear, a nd ( v i ) a ny o t her ex t r a o rd i nary it e m s a dju ste d f r om t he C o m p a ny U . S . GAA P r es u lts.

“Perfo r mance Cycle” m eans one o r m ore p e r io ds of t i m e , wh i c h m a y be of v a r yi ng a n d ov e r l a p p in g d uratio ns, a s th e A d m i n istrat or m a y select , ov e r w h ic h t he attai n m e nt of on e o r m o r e Perf or m a n c e Criteri a wil l be m easured f or t he p ur pose o f de te r m i n i ng a gr a n t ee’s r igh t t o an d t he pa ym en t o f a Restricte d Sto c k Award,

Restricted Sto c k Units, Performance Sh a re Award or Cash-Based Aw a rds, the vesting a nd/or pay m ent of whi c h is subject t o the attai n m ent of one or m ore Perfor m ance Goals. Each such p e riod shall not be less than 12 m onths.

“Per f o r m ance G o a l s” m ea n s , f or a Perf or m a n c e Cycle , t he specifi c go al s esta b lis h e d i n writin g by t he Ad m i nistrator for a Perfor m a nce Cycle b ase d u po n t he P e r f or m a nce C r iteri a.

“Per f o r m ance S h are A w a r d” mea ns a n Awar d e n titli ng t he reci p ie nt t o ac qu i r e s h are s o f St o c k up on t he attai n m en t o f s p ecifie d Performanc e Goals.

“Res t r icte d S to ck A w a r d” m e a ns a n Awar d e n titli ng t he reci p ie nt t o acquire , a t s u c h purc h as e pr ic e (w h ich m a y be ze r o) a s de te r m i ned b y t he A d m i n i stra t o r , s har e s of S t o c k s u bject t o s u c h r e s t r i c ti ons a nd c on d iti ons as t he A d m i n istrat or ma y d etermi ne a t t he ti m e of gr a n t.

“Restricted Stock Units” m e a ns a n Aw a r d of p h a n t om st o c k u n it s t o a g r antee.

“Sale Ev e nt” s h al l m ea n (i ) th e sal e o f al l or s u bsta n tiall y al l of t he asset s of t he C o m p a ny on a c o ns o li d ate d basi s t o a n u nre l ate d p e rs on o r e n tity , (ii ) a m er g er , re o r g a n i zati on or co n s oli d ati on p urs u a nt t o w h ich t he h o l d e rs o f t he C o m pan y ’s ou t s t a nd i ng voti ng p o w e r i mm e d i a t e l y pr i or t o s u c h t r a ns a c ti on do n ot o wn a m a jor it y o f th e outstandin g votin g powe r o f t he result i n g o r successo r e n tit y ( o r it s ult i m at e paren t , i f a pplicable ) i mmediately u po n c o m p let ion o f s u c h transacti on, (iii ) th e sal e o f al l of t he St o c k o f th e C o m p a ny t o a n u nrelate d p e rso n or e n tity , or ( i v) a ny o t h e r transacti on i n w h ic h t he ow n er s o f t he C o m p a n y’ s ou tsta nd i ng voti ng p owe r pr i or t o s u ch transactio n d o no t ow n a t leas t a m a j o rit y o f th e outstandin g votin g powe r o f th e C o m p a n y o r an y successo r entity i mme d iatel y up o n c o m p leti on of t he tra n sacti on o t h e r t h a n a s a res u l t of t h e acq u isiti on o f sec u ritie s d i rectl y fr om the Co m pany.

“ Sa l e Pr ice ” means t he value as deter m ined by the Ad m inistrator of the c ons i deration p a yable, or oth e rwise to be rece i ved by sto c kho l ders, per s h ar e of Stock pursu a nt to a Sale E vent.

“Sec tio n 4 0 9 A ” m eans Sec tio n 4 09 A of t he C ode a n d t he re gu l a tio ns a n d o t h e r gu i dance p ro m u l ga te d ther e under.

“Stoc k ” m eans t he C o m m on S t oc k , par va l u e $ 0 . 01 p e r s h a r e , o f th e C o mpany , s u bjec t t o a d just m ents p u r s uant t o S e c ti on 3.

“Stock Apprec i ation Right” m ean s a n Awar d entitlin g t he r e cipien t t o rece i ve shar e s of Stock h a ving a v al ue eq u a l t o t he e x ces s o f th e Fai r Mar k e t Val ue o f t he S t o c k o n t he d at e o f e x e r cis e ove r th e ex e r cis e pric e o f the St o c k Ap pr ec i ati on Rig ht m u lti p lie d by t he nu m b e r of s h are s o f S t o c k wi t h res p ec t t o whic h t he St o c k Ap p reciati on Ri ght s ha l l h a v e be e n e xerc i s e d.

“ S ubs i d i ar y ” mea ns a ny c o r p oratio n or o the r e n tit y ( o t h e r t h a n t he C o m p a n y ) i n w h ic h t he C o m p a ny ha s at leas t a 5 0 p erce nt i n teres t , eit h e r d irectl y or i nd irectly.

“Ten Perc e nt Owne r ” m eans an e m ployee who owns or is dee m ed t o o w n ( by reas on o f t he attrib u tion ru le s o f Sectio n 4 24 ( d ) of t he Co d e ) m ore t ha n 10 p e r ce nt o f t he c o m b i n e d v o ti ng po w e r of al l classe s o f st o c k of t he C o m p a ny o r a ny p a r e nt o r s u bsi d ia ry c o rp or atio n.

“ U nres t r icte d S t ock A w a r d” mean s a n Aw a rd o f s h ar e s o f Stoc k fre e o f a ny res t rictions.

SECT I ON 2 . AD M I N IST R AT IO N OF P L AN; A D MI N I STRA T OR A UT H OR IT Y T O S E LECT GR AN T EES A N D DE T E R M INE A WA R DS

(a) Ad m i n i s t ra ti on o f P l a n . The P l an s ha l l be a d m i n i s t ered by t he Ad m i n i s t ra t or.

(b) P o wers o f A d m i nistrator. T he Ad m i nistrator sh al l h a ve th e p o we r an d aut h orit y t o gra nt Awar ds c o nsiste nt wit h t he ter m s of th e Pla n, i n c l ud i ng t he p o we r a nd a u t h ority:

(i) to select the i ndividuals t o whom Awards may from ti m e to ti m e be granted;

(ii) to deter m ine the ti m e or ti m es of grant, and the extent, i f any, of Incentive Stock Options, Non-Qualified Stock Options, Sto c k Appreciation Rights, R estricted S t ock Awards, Restricted Sto c k Units, Unrestricted S t ock Aw a rd s , C ash-Bas e d Award s , P e rfor m a nce S h a re Aw a rds and Div i d e nd E qu i valent Rights, or any co m bination of t he foregoing, granted t o any one or more grantees;

(iii)

to det e r m ine the nu m ber of s hares of Sto c k t o be c ov e r e d by any Aw a rd;

(iv) to deter m ine and m odify from time to ti m e the ter m s and conditions, i nclud i ng restriction s , not inconsistent with the ter m s of the Plan, of any Award, which ter m s and conditions m ay differ a m ong indiv i dual Awards and grant e es, a nd to a pprove the for m s of Award C e rtificates;

(v)	to accelerate at any ti m e the exercis a bility or vesting of all or any portion of any Award;

(vi) subject t o the provisions of Section 5(b), to extend at any time the p e riod i n which S t ock Options m ay be ex e rcised; a nd

(vii) at any ti m e to adopt, alter and repeal s uch rules, guidelines and practices for ad m inistration of the Plan a nd for its own acts and proce e dings as it shall deem advisab l e; to interpret the ter m s and provisions of t he Plan and any Award ( i ncluding related written instru m ents); to m ake all deter m inations it dee m s advisable for t he ad m inistration of t he Plan; to dec i de all disputes arising i n connection with the Plan; and to oth e rwise sup e rvise t he a d m inistration of t he Plan.

All decisions and interpretations of the Ad m inistrator shall be binding on all persons, i ncluding t he Co m pany and Plan gr a ntees.

(c) Dele g ation of A u t h ority to Gra nt O p ti on s . Su bj ec t t o ap p lica b l e law , t he A d m i n istrat o r , i n its d iscretio n, m a y d ele g at e t o th e C h ie f E x ec u t i ve Office r of t he C o m p an y al l o r p a r t o f t he Ad m inistrator’ s au t h ority and d u tie s w it h re s pect t o t he gr a n tin g of Opti ons t o in d i v i d ua l s w h o a re ( i ) not s u bject t o t he re p or tin g a nd o t her p ro v i s i o n s of S ec ti on 16 o f t h e Ex c h a nge A c t and ( ii ) n ot C ov e r e d E m p l o y ees. A ny su c h de le ga tio n by t he Ad m i n i s t ra t or sha l l i nc lu de a l i m itati on as t o t he a m ount o f Op tio ns t hat m a y be gr a n te d d ur i ng t he per i o d of t he d ele g atio n an d s h al l co n tai n g u i d eli n e s a s t o t he d eter m i n a t ion of t he e xer c i se price a n d t h e vesting c riteria. T he A d m i n istrat or ma y re v o ke or a m e nd t he ter m s of a d ele g a t i on a t a ny ti m e b ut s u c h actio n s h al l n ot in v a li d at e a ny pr i or ac tio ns o f t he Ad m i n i s t ra t or ’ s de le ga t e or de l e g a te s tha t wer e co ns is t e nt wit h t he ter m s of t he Pla n.

(d) Award Certificate . Awar ds u nd e r t he Pla n s h al l be e v i d en c e d b y Aw a rd Certificate s tha t se t forth t he te r m s, c o n diti ons a nd l i m i ta ti ons f o r ea c h Aw a rd w h i c h m a y i nc l ude, wit hout li m it a ti on, t he te rm of a n Aw a rd a nd t he pro v isi ons a pp lica b l e i n t he e v e nt em p l o y m e nt or ser v ic e ter m i n ates.

(e) I n de m n i f i ca ti on. Ne it h e r t he B oa r d n o r t he Ad m i n i s t ra t or, n o r a ny m e m b er of e it h e r or any d ele g at e t h ereof , s h al l be lia b l e f or a ny act , omissi on, interpretati on, co ns tr u cti on o r d etermi n ati on m a de i n g ood fait h i n con n ecti on wit h th e P l a n, an d t he m e m b er s of t he B oa r d a n d t he A d m i n i s t ra t or ( a nd any de le ga t e t her e o f ) s h al l be e n title d i n al l case s t o in d e m n ificat ion an d rei m bu rse m e nt by t he C o m p a ny i n res p ec t of a ny c l a i m , l o ss, d a m a ge or expe nse (i n clu d i n g , witho ut limit a ti on, reas on a b l e att o r n eys ’ fees ) arisi ng o r res u lti ng t h erefr om t o t he f u lles t e x te nt per m i tte d by la w a nd / or un d e r t he C o m p a n y’ s article s o r b ylaw s or a ny d irect or s ’ a nd officers ’ lia b ility i ns u rance c o v e rage w h ic h m a y be i n e f fect f rom t i m e t o t i m e a nd /o r a ny i nd e m n ificati on a g ree m e nt b e twee n s u ch i nd i v i dual a n d t he C o m pan y .

(f) Fo reig n Aw a rd R ec i p i en t s . N o t w it hs t a nd i ng any p ro v i s i on of t he P l an t o t he c on t rar y , i n o r der t o c o m p l y wit h th e law s i n o t h e r c o u n trie s i n w h ic h t he C o m pany a n d it s S ub s i d ia r i es op e ra t e o r have e m plo y ees or o t h e r in d i v i du a l s e li g i b l e f or Aw a r d s, t he A d m i n i s t ra t or, i n it s s o l e d iscreti on, s h al l h av e t he p owe r an d a u th or it y t o:

(i) deter m ine which Subsidiaries shall be covered by the P l an; (ii) deter m ine which individuals outside t he United States are elig i ble to p a rticipate in the Plan; (iii) m odify the ter m s and conditions of any Award granted to indiv i duals ou t side the United States to co m ply with ap p licable fore i gn laws; (iv) establish subplans and m odify

exercise proc e dures a n d oth e r ter m s and procedures , t o t he exten t th e Adminis t rat or d eter m i n e s s u c h acti ons t o be necess a ry o r a dv i s a b l e ( a n d s uch s u b p la ns a nd / or m od i f i ca ti ons s ha l l be a tt ached t o t h i s P l an as a p p e n di ces); p ro v i d e d, h o we ve r , t hat n o s u ch s u bp l a ns a n d /o r m od i f i ca ti ons s ha l l i ncr e a se t he s h a re li m it a ti ons c on t a i ned i n Sec ti on 3 (a) h e re o f; a n d ( v) t a ke a ny ac tio n, be f ore o r a f te r a n Awar d i s ma d e , t h a t t he A d m i n istrat or d e termi n e s to be necess a ry o r a dv i s a b l e t o o b tai n a p pr oval or co m p l y wit h a ny l o ca l go v er n m e n ta l reg u l at o r y e x e m p ti ons or ap pr ova l s. No t w it hs t a n d in g t he f o re g o in g, t he Ad m i n i s t ra t or m a y not tak e any ac tio ns he re un der, a n d no A wa r ds s h al l be gra n te d, t h a t wo u l d vi o lat e t he E x cha nge Ac t o r an y o t h e r a pp lica b l e U n ite d State s securitie s law , t he C od e , or any o t h e r a p p li cab l e U n ite d S t ate s governin g statut e o r l a w.

SECT I ON 3 . STO C K I S S U ABLE U N D E R THE P L AN; ME RGERS; S UBST I T U T IO N

(a) S t o c k Is s u a b le . T he m a xi m um n u m b e r of s h a r e s o f Sto c k reserv e d a nd a v ailabl e fo r is s u ance u n d e r t he Pla n s h al l be t he su m of (i ) 2 ,7 6 1, 9 2 2 s h are s (t he “I n itia l L i m i t ” ) , (ii ) t he n u m b e r of s h are s of St o c k t h at re m ai n ava ila b l e f o r gr a n t s u n der t he Bio A m ber I nc. S t o c k I n c e ntive Plan (the “ 2 008 Plan”) a s o f th e E ffectiv e Date a nd (iii ) on eac h Jan u ar y 1 b e g in n in g wit h th e firs t Jan u ar y 1 afte r t he Effecti v e Date , t he nu m b e r of s h are s o f S t o c k reserv e d a nd a v ailabl e fo r is s u anc e unde r th e Pla n shal l be cu m u lati ve l y increas e d by 3 perc e nt of t he nu m ber of shar e s of Sto c k issu e d a nd ou t stand i ng on t he im m e diately preced i ng Dec e m ber 31 (the “ A nnua l Incre as e”) , s ubject, i n eac h cas e t o adjust m en t a s provid e d in S e ction 3(b). Subject t o s u c h overal l limitati o n , t he m axi m um aggregate nu m b e r of s h are s o f S t o c k t h a t m a y be iss u e d i n t he f o r m of I n ce n ti ve S t oc k O p tio ns s h al l not e x cee d th e I n itial Li m i t c u m u lativel y increa s e d o n th e f i rs t J a nuar y 1 a f te r t he Effectiv e Dat e and on each J a nu a ry 1 th e reafter by t he lesser of t he Annual In c rease for s u c h y ear o r 2 , 8 1 0 ,9 22 s h ares of S t o c k, s u b ject t o a d j us tm e nt as p r o v id ed i n Sec ti on 3 ( b ). For pu r p oses o f t h i s li m it a ti on, t he s har e s of S t o c k u n d e r lyi ng any A wa r ds u nd e r t he P l a n a n d a wa r ds u n d e r t he 20 08 Pla n t h a t ar e f o rfeite d, ca n cele d, h el d b ac k u po n e x ercis e of a n O p tio n or settl e m e nt of a n Awar d to cov e r t he e xer c i se pr i ce o r ta x w ith ho l d in g, r eacqu i red by t he C o m p a ny pri or t o v estin g, satisfie d wit h o ut t he i ssuance o f S toc k or o t he r w i s e te r m i na te d (othe r t h a n b y e xercise ) s h al l b e adde d ba c k t o th e s h are s o f S t ock a v aila b l e fo r iss u a n c e u n d e r t he Pla n. S u b j ec t t o s u c h o v eral l l i mita t i ons, s h are s of St o c k m a y be iss u e d u p t o s u ch m a xi m u m nu m ber p u r su a nt t o any ty pe o r ty pes of A wa r d; p ro v i d e d, h o we ve r , t hat S t o c k Op tio ns o r S t ock A p p reciati on R i gh t s w it h r espec t t o n o m ore t h a n 2 ,7 6 1,92 2 s h a r e s of St o c k m a y be g r a n t e d t o a ny o ne i nd i v id u al gr a n te e durin g an y on e cal e nda r yea r p e ri od. The sh a res a v ailable for is s u ance und e r th e Pla n m a y b e authorize d but unis s u e d s har e s of S t ock or s hares of Sto c k reacquir e d by t he C o m pany.

(b) C ha n ges i n S t oc k. S u b ject t o Sec ti on 3 (c) h e re o f, i f, as a r e su l t o f a ny r e o r gan i za tio n, recapitalization , reclassification , s t oc k d i vidend , s t oc k sp lit, r e verse sto c k split or o t her similar change i n the C o m pan y ’s c a p ita l s t oc k , t he ou t s t a nd i ng s h ares of S t o c k a r e in c r eas e d o r decreas e d o r are ex c hang e d for a differ e nt nu m b e r or k i n d of s h are s o r o t h e r sec u ritie s o f t he C o m p a n y , or ad d iti o na l s h are s or n e w or d iffere nt s h are s o r o t h e r sec u ritie s of t h e C o m p a ny o r o t h e r n o n- cas h asset s ar e d is t ri bu te d wit h res p ec t t o s u c h share s of St o c k o r o t h e r sec u rities , o r , i f, a s a res u l t of a ny m er g e r o r c o ns o li d atio n, sal e of al l o r su bs ta n tiall y al l of t he asset s o f t he C o m p a n y , t he ou tsta nd i ng share s of St o c k ar e c o n v erte d i nt o o r e x c h an g e d fo r sec ur itie s o f t he C o m p a ny o r a ny successo r entit y (o r a p a ren t o r subs i d iar y thereof) , th e Administrato r sh a l l m a k e a n a ppropriat e o r proportionate a d j us t m e nt i n (i ) t he m a xi m um n u m b e r of s h a r e s r e s e r v e d fo r is s u anc e unde r th e Plan , includin g t he m axi m u m nu m ber of s ha r es t hat m a y be i ssued i n t he f o rm of I nc e n tiv e S t o c k Op tion s, ( ii ) t he n u m ber of S t o c k Op t i ons o r S t ock Ap prec i a ti on Rig h t s t h at can be gr a n t e d t o any o ne i nd i v id ual g r a n t ee a n d t he m a xi m u m nu m ber of sh a res t hat ma y be gra n te d u n d e r a Perfor m a n ce-Base d Award , (iii ) th e nu m b e r an d k in d of s h are s or o t h e r securitie s su bj ec t t o any t h e n ou t s t a nd i ng A w a rds u n d e r t he P l a n , ( iv ) t he r e p ur c hase pr i ce, i f a n y , per sh a re s u b ject t o ea c h ou t s t a nd i ng Restricted Sto c k Aw a rd, a n d (v) the e xe r c i se pr i ce f o r ea c h s hare s ub ject t o any t h e n ou t s t a nd i ng S t o c k O p ti o n s a nd S t ock Ap prec i a ti on Rig h t s u n der t he P l an, wit hout c h a n g in g t he a gg rega t e ex e rc i se p r i ce ( i .e., t he e x e rc i se p r i ce m ul ti p lie d by t he nu m ber of S t ock O p ti o n s a nd S t o c k A p pr ec i a ti on Rig h t s ) as t o wh i c h s uch S t o c k O p ti ons a nd Stoc k Apprec i atio n Right s r e mai n exercis a ble . T he Ad m inistrato r s h al l a l so m a ke e q u ita b l e o r p ro p o r ti ona t e a d j u st m e n t s i n t he n u m b e r of shar e s s u b ject t o ou t s t a nd i ng Aw a r d s a nd th e ex e r cis e pri c e an d th e ter m s of ou t s t a nd i ng A wa r ds t o ta ke i n t o c o ns i d e ra ti on ca s h d i v i d e nds pai d o t h e r t han i n t he o r d i nary c o urse o r any o t her ex t r a o r d i n a ry c o rp ora t e e ven t . T he a d j us t m e nt by t he Ad m in i s t ra to r s ha l l be f i na l , b in d in g a nd c o nc lu s i ve. N o fractio n a l s h are s o f S t o c k s h al l be iss u e d un d e r t he Pla n res u lti ng fr om an y s u c h a d j u stme n t , but t he Admi n istrat or in it s d iscretio n ma y m a ke a cas h p ay m e nt i n lie u o f fractio n a l s h ares.

(c) Me rg e rs a nd Ot h e r T r a ns actio ns . E x ce pt a s t he A d m i nistrator m a y otherw i se spec i fy with re s pect t o p a r tic u l ar A wa r ds i n t he r e le vant Aw a r d Ce r ti f i ca t e, i n t he case o f a nd su b ject t o t he c on s u m m a t i on of a Sa l e

Ev e nt, the p a rties there t o m a y cause t he as s u m ption or c o n t inuation of Awards th e reto f or e grant e d b y th e succe s sor e n tity , or t he s ubs tit u tio n of s u c h Awar ds w i t h n e w Awa r ds o f t he s u ccess or e n tit y or pare nt t h ereof , wi t h appropriat e adjust m en t a s t o th e nu m b e r an d k in d o f s h a r e s a n d , i f ap p ro p r i ate , th e pe r shar e e x ercis e prices , a s su c h p artie s s h al l agree . T o t he e x t e nt t he p a rtie s t o s u c h Sal e Eve nt d o n ot pr o vi de f or t he assu m pt i on, co n tin u ati on or s u bstit u ti on o f Awards , u n les s o t h e rwis e pro v i d e d i n t h e Awar d Certificate , al l O p tio ns a nd St o c k A p preciati on Ri gh t s t hat are not e x e rc i sab l e i m m e d i ate ly pr i or t o t he effecti ve t i m e of th e Sal e E v e nt shal l b ec o m e f u lly exercis a ble as of the e ffective ti m e of t he Sa l e E v e n t , al l o the r Awar ds wi t h ti m e- b ase d vesti ng, con d iti ons or restricti ons s h al l b ec o m e f u ll y v este d a nd no n f o rfeita b l e a s of t he effecti ve t i m e of t he Sa l e E v e nt a nd al l Awar ds w it h c o n d ition s a n d res t r i c tio ns re lati ng t o t he a ttai n m e nt of p e r f or m a nce g oa l s m a y beco m e ves t ed a n d n onforfeita b l e i n con n ectio n wit h a Sal e Eve nt i n t he A d mi n istrat o r’ s d iscreti on an d up on t he effect i v e t i m e of t he Sal e E v e n t , t he Pla n an d al l o u tstan d in g Awar ds gra n te d h e reun d e r s h al l t er m i n ate . I n th e e v e nt o f s u c h ter m i n ati on,

(i) the Co m pany shall h a ve t he option ( i n its sole discretion) to m ake or provide for a cash pay m ent to the grantees ho l ding Options and S t o c k Appreciation Rights, i n e xch a nge for t he c a nce l lation th e reof, in a n a m ount equal to t he

d iffere n c e b etwee n (A ) t he Sal e Pric e m u lt ip lie d by t he nu m ber of sh a res of S t o c k s u bj e c t t o o u t s tan d i ng O p tio ns

and Sto c k Appreciation R i gh t s (to the e xt e nt then ex e rcis a ble at prices not in e xcess of the Sale Price) a nd ( B ) the aggr e gate ex e rcise price of all su c h o u tstand i ng Options a nd Sto c k Appreciation Rights; or (ii) each gr a ntee shall be per m itted, within a specified period of ti m e prior to t he con s ummation of t he Sale Event as deter m ined by the Ad m inistrator, to ex e rcise all outst a nd i ng Options a nd S t o c k Appreciation Rights (to the extent then ex e rcisable) held by s u c h grantee.

(d) Su bs tit u te Awar d s . T he A d m in istrato r m a y gr a nt Awar ds u nd e r t he Pla n i n s u bstit u ti on f or st o c k and s t o c k bas e d a wa r ds he l d by e m p l o y ees, d i rec to rs or o t he r key p e r s ons of a n o t h e r c o rp ora tio n i n c o nn ec ti on w it h t he m e rger or c on s o li da tio n of t he e m p l o yi ng c o r p ora tio n w i t h t he C o m pa n y or a S u bs i d i a ry o r t he ac q u i s iti on by t he C o m pany o r a S u bs i d i a ry of p r o p e r t y or s t ock o f t he e m p l o yin g c o rp o r a ti on. T he A d m i n i s t ra t or m a y d i rect t hat t he s ubs tit u t e awar ds be gra n t e d on s u c h ter m s a nd conditi ons a s t he Admi n istrat or c o nsi d er s ap p ro p r i at e i n t he circ u m sta n ces . A ny s u bstit u t e Awar ds g ra n t e d u n d e r t he P l a n s h al l n ot co unt a g ains t t he s h ar e l i m ita t i on se t fort h in Sectio n 3(a).

SECTION 4. ELIGIBILI T Y

Grantees und e r the Plan will be such full or part-ti m e officers and oth e r employees, Non-E m ployee Directors a nd key p e r s ons ( i ncluding C onsu l tants and pro s pective e m ployees) of the C o m pany a nd its S ubsidiaries as are selected from time to time by the Administrator in its sole discret i on.

SECT I ON 5 . STO C K OP T I O N S

Any Stock Option granted under the Plan shall be in such form as the Administrator may from time to time approve.

Stock Options granted under the Plan may be either Incentive Stock Options or Non-Qualified Stock Options. Incentive Stock Options may be granted only to employees of the Company or any Subsidiary that is a “subsidiary corporation” within the meaning of Section 424(f) of the Code. To the extent that any Option does not qualify as an Incentive Stock Option, it shall be deemed a Non-Qualified Stock Option.

Stock Options granted pursuant to this Section 5 shall be subject to the following terms and conditions and shall contain such additional terms and conditions, not inconsistent with the terms of the Plan, as the Administrator shall deem desirable. If the Administrator so determines, Stock Options may be granted in lieu of cash compensation at the optionee’s election, subject to such terms and conditions as the Administrator may establish.

(a) Exerc i se Pr ic e . T he e xerc i se pr i ce per s hare f o r t he S t o c k c ov e r e d by a S t ock O p tio n gr a n te d p urs u a nt t o t h i s Sectio n 5 s h al l be d eter m i n e d by t he A d m in istrato r a t t he t i m e of gra nt b ut s h al l n ot be les s t h a n 100 perc e nt o f t he Fai r Marke t Valu e o n t he d a t e o f gr a n t . I n t he ca se o f a n I n ce n ti ve S t o c k O p ti on t h a t i s gr a n te d t o a Ten Perc e nt O wn e r, t he o p tio n pr i ce of s uch I ncen ti ve S t o c k Op tio n sha l l be not le ss t h a n 1 1 0 p e rcent of t he Fa i r Marke t Valu e o n th e gran t d a te.

(b) Op tio n Ter m . The te rm of e a ch S t ock O p tio n s ha l l be f ixe d by t he A d m i nis t ra t o r , but n o S t ock O p tio n s h al l be e x ercisa b l e m o r e t h a n te n year s afte r t he dat e t he St o c k O p ti on i s gr a n te d. I n t he cas e of an Inc e n ti ve S t o c k Op tio n t hat i s g ran t e d t o a Ten Perc e nt O wn e r , t he ter m of s u c h St o c k O p tio n s h al l be n o m o r e t h an f i ve y ea r s fr om t he da t e o f g r a n t .

(c) E x ercisa b ility; Ri gh t s of a S t oc k h o l d e r . S t o c k O p tio ns s h al l b ec o m e e x ercisa b l e a t s u c h tim e or t i m es , w h et h e r or n ot i n i n stallme n ts , a s s h al l be d eter m i n e d by t he A d m i ni strat or a t o r afte r t he gra nt d a t e . T he Ad m inistrato r ma y a t an y t i m e accelerat e th e ex e r cisabilit y o f al l o r a ny portio n o f an y Stoc k Option . A n optionee sha l l h a ve t he ri gh t s of a s t oc k ho l der o n l y as t o s hares ac q u i red up on t he e xerc i se o f a S t ock O p tio n a n d not a s t o un e x e rc i sed S t ock O p tio ns.

(d) Met h od of E x ercise . St o c k O p ti o n s m a y be e x ercise d i n w ho l e o r i n p a rt , by g i v in g writte n or electroni c notic e o f e x ercis e t o th e Co m p an y , specifyin g th e nu m b e r o f s h a r e s t o b e purchased . Pay m en t o f the p u r c hase pr i ce m a y be m a de b y one o r m ore of t he fo llo w in g m et hods t o t he e x te nt p ro v i ded i n t he Op t i on A wa r d Certificate:

(i) In cash, by cer t ified or b a nk c heck or other i nstru m ent acceptable to the Ad m inistrator;

(ii) Through t he d e livery (or attestation to the owner s hip) of s h a res of Sto c k t hat have b e en pur c hased by t he optionee on the op e n m arket or that a re beneficially owned by t he opt i onee and a re not th e n s ubject to res t rictions und e r a ny Co m pany plan a nd that oth e rwise satisfy any holding p e riods as m ay be required by the Ad m inistrator. Su c h s urr e nd e red sh a res sha l l be valu e d at Fair Market Value on t he e x e rcise date;

(iii) By the option e e delivering to the Co m pany a properly e xe c uted e x e rcise notice together with irrevoc a b l e instructions t o a broker to pro m ptly deliver to the C o m pa n y ca s h or a check payable a nd acc e ptable to the C o m pany for the purchase price; provided t hat in the event the optionee chooses t o pay the pur c hase price as so provided, t he optionee and the brok e r sha l l co m ply with su c h proce du r e s and e n t er i n t o su c h a gree m en t s of inde m nity and oth e r agree m ents as t he Ad m inistrator shall prescribe as a condition of such pay m ent procedure; or

(iv) W i t h respect to Sto c k Options that are not Incentive S t o c k Option s , by a “ net ex e rcise” arrange m ent pursu a nt to which the Co m pany will reduce t he nu m ber of shares of Sto c k issuable upon exercise by the largest whole nu m ber of s hares with a F a ir Market V a l ue that does not exceed the aggregate e x e rcise price.

Pay m ent instruments will be received subject to c ollection. The tr a nsfer to the optionee on the re c ords of the Co m pany or of the tr a n s fer ag ent of t he s har e s of S t ock to be pur c has e d pursu a nt to the exercise of a Sto c k Option will be c ont i ngent upon rece i pt from the op t ionee (or a purchaser acting i n his stead in a ccord a nce with the provisions of t he S t ock Option) by t he Co m pany of the full purchase price for such shares and t he fulfillment of any oth e r r e quire m ents c ontain e d in the Option Award Certificate or applicable provisions of laws ( i ncluding the satisfaction of any withholding tax e s that t he Co m pany is obli g ated t o withhold with respect to t he optionee). In t he event an optionee chooses to pay the p u r c h a se price by pr e viously-owned sh a res of Sto c k through the a ttestation m ethod, the nu m ber of sh a res of Sto c k tr a n s ferr e d to the op t ionee upon t he exercise of the Stock Option s hall be net of the nu m ber of attested s hares. In the event that the C ompany establish e s, for itself or using the services of a t hird party, a n a uto m ated system for the e xercise of Sto c k Options, such as a s y st e m using an internet website or interactive vo i ce response, then the p a p e rless exercise of Stock Options m ay be per m itt e d through the use of such an auto m ated syst e m .

(e) A nn ual L i m it on I nc e n ti ve S t ock O p tio ns. To t he e x te nt re qu i red f or “ in cen ti ve s t ock o p ti on” t reat m e nt u n d e r Sec tio n 4 22 o f t he Co de, t he aggr e g at e Fai r Marke t Valu e (deter m ine d a s o f t he ti m e of gr a n t ) o f t he s h a r e s of St o c k w it h r es p ec t t o w h ic h I n ce n t i ve S t o c k O p tio ns gr a n te d unde r t h i s Pla n an d a ny o t h e r p la n of t he C o m pany or it s p a rent a n d s u bs i d ia ry c o r p o r a ti ons be c o m e exerc i s a b l e fo r t he f i rst ti m e by an op tio nee d ur i ng any calend a r yea r shal l no t excee d $100,000 . T o th e ext e n t tha t an y S t o c k Optio n exce e d s thi s li m i t , i t shal l constitut e a No n -Q u alifie d St o c k O p tio n.

SECT I ON 6 . STO C K APP R ECIA T I ON R I GH T S

(a) Exerc i se Pr ic e of S t o c k A p p r e ciati on Rig h t s . The ex e rc i se p r i ce o f a S t o c k A p p r ec i a ti on R i ght s h al l n ot be les s t h a n 1 0 0 p erce nt o f t he Fa i r Mar k e t Val ue of t he St o c k on t he d at e o f g ra n t.

(b) Gr a nt a nd Ex e r c i se of S t o c k A p p rec i a ti on Ri gh t s . S t o c k A p p rec i a ti on Ri gh t s m a y be g r an te d by t he A d m i n i s t ra t or i nd e p e nd e ntl y of a ny S t o c k Op tio n g ran t e d p u r s uant t o Sec ti on 5 o f th e P l an.

(c) Ter m s a nd C o nd itio ns of Stock Appreciati on Rig h ts . St o c k Ap p reciati on Ri gh t s s h al l b e sub j ect t o s u c h ter m s a nd con d iti ons a s s h al l be d etermi n e d fr om tim e t o t i m e by t he A d m i n istrat o r . T he ter m of a St o c k Appreciatio n R igh t m a y not e xceed ten ye a r s.

SECTION 7. RESTRICTED STO C K AWARDS

(a) Nature of Res t ricted S t ock Awards . T he Ad m i n istrat or shal l d eter m i ne the restricti o n s a nd c o n d iti o n s a pp l ica b l e t o eac h Restricte d St o c k Awar d a t t he t i m e of gr a n t . Co nd itio ns m a y be b ase d on c on tin u ing e m p l oy m ent ( o r o t her se r v i ce re lati on s h ip ) a nd / or ach i e v em e nt of p re-es t a b li sh e d P e r f o r m a nce G oa l s. The te r m s an d condition s o f eac h su c h Awar d C e r tificat e shal l b e determine d b y t he Ad m inistrator , an d s u c h ter m s and conditions m a y differ a m ong i nd i vidual Aw a rds and grante e s.

(b) Ri gh t s as a S t oc k h o l d e r. U po n t he g r a nt o f t he Re s t r i c t ed S t ock A wa r d a n d pa y m ent of a ny applicabl e pur c has e price , a grante e s ha l l h a v e t he rig h t s o f a st o c k h o l d e r wit h res p ec t t o t he v o tin g of th e Restricted St o ck , su bj ec t t o s u c h c o n d itio ns co n tai n e d i n t he Restr i cte d St o c k Awar d Certificate . U n les s t he A d m in istrator shal l o t herwis e deter m ine , (i ) unc e r tificate d Restricte d S t o c k s hall be acco m panied by a notation on t he records of t he C o m p a ny o r t he transfe r a g e nt t o t he effec t t h a t t h e y ar e sub j ec t t o forfeit u r e un ti l s u c h Restricte d S t o c k are ves t ed as p ro v i ded i n Sec tio n 7 ( d) be l o w , a n d ( ii ) cer ti f i ca t e d Restricte d Stoc k shal l r e m ai n i n t he p ossessi on o f t he C o m p a ny u n ti l s u c h Restricte d S t o c k i s v este d a s pro v i d e d i n Sectio n 7 ( d) b elow , an d t he gra n te e s h al l b e re qu ire d, a s a c o n d iti on of t he gr a n t , t o d eli v e r t o t he C o m p a ny s u c h i n str u m e n t s of tra n sfe r a s t he A d m i n istrat or may pr e s c r i b e.

(c) Re s t r i c ti ons. Re s t r i c t ed S t o c k m a y not be s o l d, ass ig n e d, t ran s fe r r e d, p l e dg e d o r o t he rwi se encu m ber e d or di s pos e d of e x cept as s p ecificall y pr o v i d e d herei n or i n t he Restricted Sto c k Aw a r d Certificate. Exc e pt as m a y o t h e rw i se be p r o v i d e d by t he Ad m i n i s t ra t or eit h e r i n t he Awar d Certifica t e or, s u bject t o Section 18 b elow , i n writi ng afte r t he Awar d i s iss u e d, i f a gr a n tee’ s e m p l oy m e nt (o r o t h e r ser v ic e relati on s h ip ) wit h t he Co m p an y an d i t s Subsidi a rie s terminate s fo r an y rea s on , a n y Restricte d S t oc k tha t ha s no t veste d a t th e t i m e of termi n ati on shal l a u t o m atic a l l y a nd with out a ny req u ire m e nt o f n o ti ce t o su c h gr a n t ee fr om or o t her ac t i on by or o n beha l f of, t he C o m pany be de e m ed t o h a ve been rea c q u i r e d by t he C o m p a ny a t it s orig i n a l purchas e pric e (i f a n y) from such gr a n tee or su c h gr a ntee’s le g a l represe n tati ve sim u lta n eo u sl y wit h s u c h ter m i n ati on of e m p l o yme nt (or oth e r s e rvic e relationsh i p) , a nd th e r eafte r s h al l ceas e t o r e pres e nt a ny owner s hi p o f t he Co m p an y b y t he gr a n te e or rig h t s o f t he g ra n te e a s a st o c k h o l d e r . F o llowin g s u c h d eeme d reac qu isiti on o f u nv este d Restricte d St o c k t h a t are repres e n te d b y physica l certif i cates , a gr a n te e shal l s u rrend e r s u c h certificate s t o t he C o m p a ny u p o n req u es t wit h o ut consideration.

(d) Vesting of Restricted St o c k . T he A d m i n ist r at or a t t he ti m e o f gr a nt s h al l s p ecif y t he d a t e o r d ates and / or t he a ttai n m e nt of pr e - e s ta b li shed P e r f or m a nce G oa l s , ob jec ti ves a n d o t h e r c o n d iti ons o n w h ic h t he n on - tra n sfera b ilit y of t he Restricte d S t o c k an d t h e C o m p a n y’ s ri ght of re p urchas e o r forfeitur e s h al l la ps e . Su bs eq u e nt to s u c h d at e o r d a te s an d / or t he attai n m e nt of suc h pr e-esta b lis h e d Perf or m a n c e G o als , o bj ecti v e s an d o t h e r c o n d iti o ns, t he s hares o n wh i c h a l l res t r i c ti ons h a ve lap sed s ha l l n o l o ng e r be Re s t r i c t ed S t o c k a n d s ha l l be dee m ed “ves t e d.” Exc e pt as m a y o t h e rw i se be p r o v i d e d by t he Ad m i n i s t ra t or eit h e r i n t he Awar d Certifica t e or, s u bject t o Section 18 b elow , i n writi ng afte r t he Awar d i s iss u e d , a gra n tee’ s rig h t s i n a ny s h are s o f Restricte d S t o c k t h a t h a ve not v ested s h al l a u t o m a t i c all y te r m i n at e u po n t he gra n tee’ s ter m i n ati on of e m p l oy m e nt ( or o t h e r ser v ic e relatio n s h i p) wit h t he Co m p an y an d i t s Subsidi a rie s an d s u c h sh a r e s shal l b e su bj ec t t o t he pro v isi ons o f Sectio n 7 ( c ) ab ov e .

SECTION 8. RESTRICTED STO C K UNITS

(a) Nature of Res t ricted S t o c k U n its . T he Admi n istrat or s h al l d eter m i ne t he restrictio ns a nd c o n d iti o n s a pp l ica b l e t o eac h Restricte d St o c k U n i t a t th e tim e of gr a n t . C o n d iti o n s m a y be b ase d on co n ti nu i ng e m p l oy m ent ( o r o t her se r v i ce re lati on s h ip ) a nd / or ach i e v em e nt of p re-es t a b li sh e d P e r f o r m a nce G oa l s. The te r m s an d condition s o f eac h su c h Awar d C e r tificat e shal l b e determine d b y t he Ad m inistrator , an d s u c h ter m s and conditions m a y differ a m ong i nd i vidual Aw a rds and grante e s. Restricted S t ock Units sha l l be settled i n t he form of shar e s of S t o c k u p o n ves tin g o r at t he e n d of t he def e rral p e r i od es ta b li sh e d at or p r io r t o th e t i m e of gr a n t . T o t he e x te nt tha t a n awar d of Restr i cte d St o c k U n it s i s sub j ec t t o Secti on 4 0 9A , i t m a y c on tai n s u c h a dd itio n a l ter m s a nd c o n d iti o n s a s t he A d m i n istrat or s h al l d etermi ne i n it s s o l e discreti on i n o rde r fo r s u c h Awar d t o c o m p l y wit h t he r eq u i r e m e n t s o f Sectio n 4 0 9A.

(b) Electi on to Recei ve Restricted S t o c k U n its i n Lieu of C o m p ensati o n . T he A d m i n istrat or may , in it s sol e dis c retion , per m i t a grante e t o elec t t o receiv e a portio n o f futur e c a s h c o m p ensatio n o t herwis e du e t o s u ch gr a n te e i n t he f o r m of a n awar d of Restricte d St o c k U n its . A ny s u c h elec t i on s h al l be m a de i n writi ng a nd shal l be d eli v ere d t o th e C o m p a ny n o late r t h a n t he dat e s p ecifie d b y t he A d m i n is t rat or an d i n a c cord a n c e wit h Sectio n 409A a nd s u c h o t h e r r u le s an d p r o ce d ure s esta b lishe d by t he A d mi n istrat o r . A ny s u c h f u t u r e cas h c o m p e n sati on t h a t t he gr a n t ee e l ec t s t o def e r s ha l l be c o nv e r t ed t o a f i x e d n u m ber of Re s t r i c t ed S t ock U n it s ba s e d on t he Fa i r Ma rket Va l ue o f S t ock o n t he da t e t he co m pensa tio n w o u l d o t he r w i se h a ve be e n pai d t o t he gr a n t ee i f s uch pa ym ent had n ot been d e fe r r e d as p r o v i d e d h e re i n. T he Ad m i n i s t ra t or sha l l have t he so l e r i ght t o de te r m i ne w he t h e r a nd u n d e r what circ u m sta n ce s t o p e r m i t s u c h electi ons a nd t o i m pose s u c h l i mitati ons an d o t h e r ter m s an d c o n d iti o n s thereo n a s t he Ad m i nistrator dee m s appropriate. Any Restricte d S t oc k Unit s tha t ar e el ec te d t o b e rece i ve d i n lie u o f c ash c o m p e n sati on s h al l be f u ll y veste d, u n les s o t h erwis e p ro v ide d i n t he Awar d Certificate.

(c) Ri gh t s as a S t oc k h o l d e r. A g r an t ee s ha l l h a v e t he r ig h t s as a s t o c k h o l d e r o n l y as t o sh a res o f St o c k acq u ire d by t he gra n te e u p o n settl e m e nt o f Restricte d S t o c k U n its ; p ro v i d e d, h o we v er , t h a t t he gra n te e m a y be cred ite d w it h D i v i d e n d E q u i va le nt Rig h t s w it h respect t o t he p h a n t om s t ock u n it s u n d e r lyi ng h i s Re s t r i c t ed S t ock U n its , sub j ec t t o s u c h ter m s a nd con d iti ons a s t he A d m i n is t rat or m a y d etermi n e.

(d) Ter m i n ati on . E x ce pt a s m a y o t h e rwis e be pro v i d e d by t he A d m i n istrat or eit h e r i n t he Award Certificat e o r , s u b j ec t t o Sect i on 1 8 b elow , i n writin g aft e r t he Awar d i s iss u e d, a gra n tee’ s r i g ht i n al l R estricted St o c k U n it s tha t h a ve n ot v este d s h al l a u t o m aticall y te r m i n at e u po n t he g ra n tee’ s ter m i n a ti on of e m p l o yme nt (or cessati on o f ser v ic e relati on s h ip ) wit h t he C o m p an y an d it s Subsidi a rie s fo r an y rea s on.

SECT I ON 9 . UNR E STRI C TED S T OCK A WAR D S

Gr a nt or Sa l e o f Un res t r i c t ed S t oc k . The Ad m i n i s t r at or m a y , i n it s s o l e d i screti o n , gr a nt (o r sel l a t p a r va l ue o r s uch hi gh e r p u rch a se pr i ce de te r m i ned by t he A d m i n i s t ra t o r ) a n U nres t r i c t ed S t oc k Aw a r d u n d e r t he P l a n . U n res t r i c t ed S t ock A w a rds m a y be gr a n te d i n respect o f p a st se r v i ces o r ot her va li d c o n s i dera tio n, or i n lie u o f ca s h co m p ensatio n du e t o su c h gr a n tee.

SECTION 10. C A SH - BASED A WA RDS

Gr a nt of Ca s h-B ased Aw a r ds. T he Ad m i nistrator m ay grant Cash-Bas e d Aw a rds und e r the Plan. A C a sh- Base d Awar d i s a n Awar d t h a t e n title s t he gra n te e t o a p ayme nt i n cas h u p o n t he attainme nt of s p ec i fied Perfor m a n c e G o als . T he Admi n istrat or s h al l d eter m i ne t he m a xi m u m dur ati on o f t he C as h -Base d Award , t he a m ount of ca s h to whi c h the C a sh-Bas e d Award p e rtains, th e condition s upo n whic h t h e C ash-Bas e d Awar d shall beco m e ves t ed o r pa ya b l e, a n d s u c h o t her pr ov i s i ons as t he Ad m i n i s t ra t or sha l l de te r m i ne. Ea c h Ca s h- B ased A w a r d sha l l spec i fy a cash - d e no m i na t ed pa y m ent a m oun t , f or m u l a o r pa y m ent rang e s as de ter m i ned by t he Ad m i n i s t ra t or. Pay m ent , i f a ny , wit h re s p ec t t o a Ca s h -Bas e d Aw a r d s h al l be m a de i n ac c o r d a nce w it h t he te r m s of t he A wa r d a n d m a y be m a de i n ca s h.

SECT I ON 1 1. PERFOR M A NC E S H ARE A WA R DS

(a) Nature of Perfor m ance Share Awards . T he Ad m in i strat or may , i n it s s o l e d iscretio n, gra nt Per fo r m a nce Share A wa r ds in dep e n dent o f, or i n c o nnec tio n w it h, t he gr a n ti ng o f a ny o t her A wa r d u n de r t he P l a n . T he A d m i n ist r at or s h al l d etermi ne w h e t h e r a nd t o w hom Per f or m a nce S h are Aw a r d s s h a l l be g r a n te d, t he Per fo r m a nce G oa l s, t he per i o d s d ur i ng w h ic h p e r f or m a nce i s t o be m easu r ed, w h ic h m a y not be le ss t h a n one y ear e x ce pt i n t he cas e o f a Sal e E v e n t , an d s u c h o t h e r limita t i ons an d c o n d itio ns a s t he A d m in istrato r s h al l d eter m i n e.

(b) Rights as a S t ockhold e r . A gra n tee rece i ving a P e rfor m a nce Sh a re Award s hall h a ve t he r i ghts of a sto c khold e r only as to sh a res actually received by the gran t ee und e r t he P l an a nd no t wit h respec t t o s hare s s ubject t o th e Awar d bu t no t actuall y receiv e d b y th e grantee . A grante e shal l b e e n titl e d t o receiv e shar e s o f Stoc k unde r a Per fo r m a nce Share A wa r d onl y u p on sa ti sf a c ti on of a l l con d iti ons s p ec i fie d i n t h e Performanc e Sh a re Award Certificate (or in a perfor m a nce p l an a do p t e d by t he A d m in i s t ra to r).

(c) Ter m i n ati on . E x ce pt a s m a y o t h e rwis e be pro v i d e d by t he A d m i n istrat or eit h e r i n t he Award a g ree m e nt or , s u b j ec t t o Sect i on 1 8 b elow , i n writin g afte r t he Awar d i s iss u e d, a gra n tee ’s r i g h t s i n al l Perfor m a n ce S h ar e Award s s h al l a u t o m a t i c all y te r m i n at e u po n t he gra n tee’ s ter m i n ati on of e m p l oy m e nt ( or cessatio n o f ser v ice relati on s h ip ) wit h t he C o m p a ny an d it s Su b s i d iarie s f or a ny reas o n .

SECT I ON 1 2. PERFOR M A NC E-BA S E D A WA R DS TO COVE R E D E M PL O YE E S

(a) Per fo r m a nce- Ba sed A w a r ds. The A d m i n i s t r at or m a y grant one o r m ore P e r f or m a nce- Ba s e d Aw a rds in the form of a Restricted S t o c k A wa r d, Re s t r i c t ed S t ock U n it s, Per f or m a nce Share Awards or Ca s h-Bas e d Aw a rd paya b l e u p o n t he attai n m e nt of Per f o r m a n c e Go al s t h a t ar e esta b lis h e d by t he Admi n istrat or a nd relat e t o o ne o r m o r e o f th e Perfor m anc e Criteria , i n eac h cas e o n a spec i fied date or da t e s or ov e r a ny per i od or per i ods d eter m i n e d by t he A d m i n istrat o r . T he A d m in istrato r s h al l d ef i ne i n a n ob j ecti ve fas h io n t he m a nn e r of calc u lati ng t he Perf or m a n c e Criteri a i t select s t o u s e for any P e rfor m a nce Cycle. D e pend i n g o n t he Perfor m anc e Criteri a us e d t o esta b lis h s u c h Perfor m a n c e G o al s , th e Perfor m anc e Goal s m a y b e exp re s sed i n ter m s of overall Co m p any pe r f o r m a nce or t he pe r f o r m a nce o f a d i v i s i o n , b us i ness u n it , o r a n in d i v i d u a l . Ea c h P e r fo r m a nce- Ba sed Aw a rd s ha l l c o m p l y wit h th e pro v isio ns se t fort h b elow.

(b) Gr a nt of Perfor m ance-Based Aw a rds . W it h res p ec t t o ea c h Perfor m ance-Base d Aw a r d gr a n te d to a Co ver e d E m p l o y ee, t he A d m i n i s t ra t or s h a l l select , wit h i n t he firs t 90 d a y s of a P e rformanc e Cycl e (or , i f short e r, w it h i n t he m a xi m u m per io d a l l ow e d u n d e r S ec ti on 1 62 ( m ) of t he C od e ) t h e Pe r f o r m a nce C r ite r i a f o r s u c h gr a n t , a n d the P e rfor m a nce Goals with r e spect to each Perfor m a nce Cr i t erion (inc l u ding a thre s ho l d leve l o f performance below whi c h no a m ount will beco m e payab l e with re s pect t o s u c h Aw a rd). Ea c h P e rfor m a nce-Bas e d Award will spec i fy t he a m o u nt pa ya b l e, o r t he f or m u l a f or de te r m i n i ng t he a m ount p a ya b l e, up on a c h i eve m ent of t he var i ous app li cab l e p e r f or m a nce tar ge t s. T he Pe r f or m a nce C r ite r i a es ta b li sh e d by t he Ad m i n i s t ra t or m a y be (b ut ne e d n ot be ) diff e r e nt for e a ch P e rfor m a nce Cycle and d i ffer e nt P e r f or m a nce Goa l s m a y be a pp lic a b l e t o P e r fo r m a nce- Ba sed Aw a r d s t o d i f f erent C ov e r e d E m p l o y ees.

(c) Pay m ent of P e r f or m a nce- Ba s e d Aw a r ds. F oll ow in g t he c o m p l e ti on o f a P e r f or m a nce Cy c l e, t he A d m i n istrat or s h al l m ee t t o re v ie w an d certif y i n writi ng w h et h er , an d t o w h a t e x te n t , t he Perfor m a n c e G o al s fo r t he Perfor m a nce Cycle have be e n achiev e d and , i f so , t o als o c a lculat e an d cer t if y i n writin g t he a m oun t o f t he

Per fo r m a nce-Based A w a r ds e a rn e d f o r t he Perfor m anc e Cycle . T he Ad m i nis t rato r s h al l t h e n d eter m i ne t he act u a l size of each Cover e d E m ploy e e ’s P e rfor m ance-Base d Award.

(d) Ma x i m u m Award Pa ya b l e. T he m a xi m u m Per f or m a nce- B a sed Aw a r d pa ya b l e t o a ny o ne Cov e re d E m ploye e unde r th e Pla n fo r a Perfor m anc e Cycl e i s 2,761,9 22 s hares of Sto c k (subject to a d just m e nt as p ro v i d e d i n S e c ti on 3( b ) her e o f ) or $ 2 ,0 0 0 , 0 00 i n t he case of a P e r f or m a nce- Ba sed A wa r d t hat i s a Ca s h - B ased Aw a r d .

SECT I ON 1 3. D I V I D E ND E Q U I V AL E NT RI G HTS

(a) D i v i d e n d E q u i va le nt Rig h t s . A D i v i d e n d E q u i va le nt R i ght m a y be g ran t e d her e u nd e r t o any gr a n t ee as a c o m ponent of an awa r d of Re s tri c t ed S t o c k U nit s, Re s t r i c t ed S t ock A w a rd o r P e r f or m a nce Sh a re Aw a rd or a s a freestan d in g awar d. T he ter m s a nd c o n d iti o n s of D i v i d e nd E qu i v ale nt Rig h t s s h al l be s p ecifie d i n t he Award Ce r ti f i ca t e. D i v i d e nd e q u ivale n t s cr e d ite d t o t he ho l der o f a D i v i de n d E q u i va le nt Rig ht m a y be pa i d c u r r en tl y or ma y be d ee m e d t o be re i nv es t e d i n ad d itio n a l s h are s of St o c k, w h ic h m a y th ereafte r accru e ad d iti on a l eq u i v ale n ts. A ny s u c h reinves t m e nt s h al l b e a t Fai r Mar k e t Val ue o n th e d at e o f rein v es t m e nt or s u c h o t h e r pr ic e a s ma y t h en app l y u n d e r a d i v i d e n d re inve st m e nt p l an s p o n s or e d by th e C o m pan y , i f an y . D i v i de n d E q u i va l e nt Ri gh t s m a y be settle d i n cas h or s h are s o f S t o c k o r a c o m b i n ati on t h ereof , i n a s i ng l e i n s t al l m e nt or instal l m e n ts . A D i v i d e nd E q u i va le nt R i g ht g r a n te d as a co m pon e nt o f an a wa r d of R e s t r i c t ed S toc k Un it s, Re s t r i c t ed S t ock A w a r d or Perfor m a n c e S h ar e Awar d m a y p ro v i de t h a t s u c h Di v i d en d Eq u i v ale nt Ri ght s h al l be se t tle d u p o n settleme nt or pa y m ent of, or la pse of res t r i c ti ons o n, s u c h o t h e r Aw a r d , a nd t hat s u c h D i v i d e nd E qu i va le nt Rig ht sha l l exp i re or be f o rfe ite d o r a n nu lle d un der th e sa m e cond iti ons as s u c h o the r Aw a r d . A D i v i d e n d E q u i va le nt Rig ht g r an te d a s a co m pon e nt o f a Re s t r i c t ed S t ock U n it s, Re s t r i c t ed S t ock A wa r d or P e r f o r m a nce Sh a re A wa r d m a y a l so con t a i n te r m s and c onditi ons d i ff e r e nt f r om such o t he r Aw a r d .

(b) I n terest Eq u i v a le n ts . A ny Awar d un d e r t h i s Pla n t h a t i s settle d i n w ho l e o r i n p ar t i n cas h on a def e rr e d bas i s m a y pr o v i de i n t he gr a nt fo r i n te rest e qu i va l e n t s t o be cr e d i t ed w it h re s pe c t t o s uch cash pa y m en t . In te r e st e q u i v a le n t s m a y be co m po u nd e d a n d s ha l l be pa i d u po n s u c h ter m s and c on d iti ons as m a y be spec i f i ed by t he gra n t.

(c) Ter m i n ati on . E x ce pt a s m a y o t h e rwis e be pro v i d e d by t he A d m i n istrat or eit h e r i n t he Award Certificat e o r , s u b j ec t t o Sect i on 1 8 b elow , i n writin g aft e r t he Awar d i s iss u e d, a gra n tee’ s r i g h t s i n al l Di v i d e nd E q u i va le nt R i g h t s or i n te rest e qu i va le n t s g r a nte d as a co m p o nent o f a n a w a rd o f Re s t r i c t e d S t ock U n it s, Re s t r i c t ed S t ock A w a rd o r P e r f or m a nce Sh a re Aw a rd t hat h a s not v este d s h al l a u t o m aticall y te r m i n at e u po n t he g ra n tee’s termi n ati on of e m p l oy m e nt (o r cessatio n of ser v ic e relat i on s h ip ) wit h t he C o m p a ny an d it s Su bs i d iarie s f or a ny reason.

SECT I ON 1 4. TRA N SFE R A BILI T Y OF A WA R DS

(a) Transfera b ility . E x ce pt a s p r ov i d e d i n Secti on 14(b ) b elow , durin g a gr a n t ee’ s lifeti m e , h i s or h e r Aw a rd s s h al l b e ex e r cisabl e onl y b y th e gr a ntee , o r b y th e gra n tee’ s le g a l re pr ese n tati ve o r gu a r d ia n i n th e e v e nt of th e gr a n tee’ s i n capacity . N o Aw a rd s s h al l b e so l d, a s s ig n e d, t ran s fe r r e d o r o t he r w i se e n c u m bered or d i s po s ed o f by a gra n te e o t h e r t h a n by wil l o r by t he law s o f d esce nt an d d istri bu tio n or purs u a nt t o a d o mesti c relati ons o r d er . No Aw a r d s s h al l b e sub j ect , i n w ho l e o r i n p a r t , t o attac h m e n t , e x ec u tio n, o r l e vy o f a ny k in d, an d a ny pur p o r ted t ran s fer i n v i o l a ti on her e of s h a l l be n u l l a nd vo i d.

(b) A d m i n istrat or Acti o n . N o tw i t hs tan d in g Sec t i on 1 4( a ), t he Ad m i nistrator, in its dis c reti o n, m a y p ro v i de eit h e r i n t he Awar d Certificat e re g a r d in g a g i v e n Awar d or by subseq u e nt writte n ap p ro v a l t h a t t he gr a n tee ( w ho i s a n e m p l o y ee o r d i rec t o r ) m a y t ransf e r h i s o r her No n - Q u a li f ie d S t ock O p tio ns or S t o c k A pp rec i a ti on Rig h t s t o h i s o r h e r imme d iat e famil y m e m b ers , t o tr us t s fo r t he b e ne f i t of s uch f am i ly m e m bers, o r t o p a r t n e rs hi ps i n w h ic h s u c h fami ly m e m b er s ar e t he o n l y p a rt n ers , p ro v i d e d t h a t t he tra n sfere e agree s i n writin g wit h th e C o m p a ny t o be bo u n d by al l of t he term s an d co nd ition s o f t h i s Pla n a nd t he ap p licabl e Awar d. I n n o e v en t m a y a n Awar d be tran s f erre d b y a grante e fo r value.

(c) Family M e m b e r . Fo r p u rp os e s o f Sectio n 14 ( b ) , “ f a m il y m e m b er ” s h al l mea n a grante e ’s child, stepchild, grandchild, p a rent , stepparent , grand p arent , spouse , for m e r spouse , sibling , n i ece , nephew , m o t h er-in-law, fathe r -i n -law, s o n -i n -law, d a u ght e r-i n -la w , b ro t he r -in-l a w , or sister- i n- law , i n clu d in g ado p ti ve relati on s h i p s , a ny per s o n s har i ng t he g r a n t ee’s h ou s e h o l d ( o t h e r t h a n a te n a nt of t he gr a n tee) , a tr ust i n w h ic h t h es e p erso ns ( or t he gr a ntee) h a ve m ore than 50 percent of t he be n eficia l i n terest , a fo u n d atio n i n w h ic h t h es e p e rso ns ( or t he gr a n tee) c on t r ol t he m a n a g e m e nt o f assets , an d a ny ot h e r e n tit y i n w h ic h t h es e p ers ons ( or t he gra n tee ) ow n m o r e t h a n 50 perc e nt of t he vo tin g i n te res t s .

(d) Des ig na tio n of Be nef i c i ar y . Each gr a n t ee t o w h om an Awa rd has be e n m a de u n d e r t he P l an m a y designat e a b e neficiar y o r b e neficiarie s t o e x ercis e a ny Awar d o r rece i v e an y pay m en t und e r a ny Aw a rd pay a bl e on or af te r t he g r a n t ee’s dea th . Any s u c h des i gna tio n sha l l b e o n a f orm p r ov i ded f or t hat p ur pose by t he Ad m i n i s t ra t or an d s h al l no t b e effect i ve unt i l receiv e d b y th e Ad m inistrat o r . I f n o b e neficiar y ha s be e n des i gnat e d b y a deceas e d gr a n tee , o r i f t he designate d ben e ficiarie s hav e pr e d eceas e d th e gr a n tee , t he ben e ficiar y s h al l b e th e gr a n tee’ s e s tate.

SECTION 15. T AX WI T HH O LDI NG

(a) Pay m ent by Grantee . Eac h grante e s h all , n o late r t h a n t he dat e a s o f w h ic h t he v al ue o f a n Award o r o f a ny Sto c k o r othe r a m ount s rece i ve d thereunde r firs t beco m e s includable in t he gro s s in c o m e of the grantee for Fed e ral i n c o m e ta x p ur pos e s, pay t o t he C o m pan y , or m a ke arr a n ge m en t s sa ti sfac t ory t o t he A d m i n i s t ra t or reg a r d in g pa y m ent of, a n y Fed e ra l , s t a t e , o r l ocal ta xes of any k i n d req u ire d by la w t o be with h el d b y t he C o m p a ny with res p ec t t o s u c h i n c o m e . T he C o m p a ny an d i t s Su bs i d iarie s s h all , t o t he e x t e nt p e r m i t te d b y law , h a ve t he rig ht to de d uct a ny s u c h ta x e s fr om any pa y m ent of any k i nd o t he r w i se due t o t he g ran t ee. T he C o m pan y ’s ob l i ga ti on t o d eli v e r e v i d e n c e o f b oo k e n t ry ( or s t o c k certificates ) t o a ny grante e i s subj ec t t o an d con d iti on e d o n ta x wit h h o l d i ng ob li g atio ns b e i ng satisfie d by t he gra n tee.

(b) Pay m ent i n S toc k . S u b ject t o ap pr oval by th e Ad m inistrator , a grante e m a y elec t t o h a v e the C o m p a n y’ s m in i m u m re qu ire d ta x withh o l d i ng o b li g atio n satisfie d, i n wh o l e o r i n p art , b y a u th or izin g t he C o m p a ny t o w ithh o l d f ro m shares o f S t ock t o be i s s u e d p u r s uant t o a ny A wa r d a n u m ber of sh a res w it h a n a g g r e g a t e Fa i r Ma rket Va l ue (a s o f t he da t e t he w it h h o l d i ng i s e f fec t ed) th at w o u l d sa ti s f y t he w ithh o l d i ng a m ount du e .

SECTION 16. SECTI ON 409A A WA RDS

To t he extent t hat any Award is deter m ined t o con s titute “nonqualified d e ferred co m pensation” within the meaning of Section 409A (a “409A Award”), t he Award shall be subject to such additional rules and requ i re m ents as spec i fied by the Ad m inistrator from time to ti m e in o r d e r to co m ply with Section 409A. In t his reg a rd, if any a m ount und e r a 409A Award is payable upon a “ sep a ration from service” (with i n the m e aning of Section 409A) t o a gr a ntee who is then c onsid e r e d a “ specifi e d e m ployee” (wit h in the m eaning of Section 409A), t hen no su c h pay m ent shall be m ade pr i or t o the date that is the earlier of (i) six m on t hs a nd one day after the grantee’s sep a ra t ion from service, or (ii) the gra n tee’s death, but only to the extent such delay is necessary to prevent such pay m e nt from being subject t o interest, p e nalties and / or addition a l tax i m posed p u rsu a nt to Section 409A. Further, the settlement of any su c h Aw a rd may not be a c celerated e xc e pt to the ext e nt p e r m itted by Sec t ion 409A.

SECTION 17. TRANSFER, LEAVE OF ABSENCE, E T C.

For purposes of the Plan, the follow i ng even t s shall not be de e m ed a ter m ination of e m ploy m ent:

(a) a tran s fer to t h e e m ploy m ent of the C o m pany f r om a Subsidiary or from the C o m pany to a S u bs i d ia r y , o r f r om one S u bs i d ia ry t o a n o t h e r; o r

(b) an a p pr ov e d l e ave of abs e nce f o r m i l ita ry serv i ce o r s i c kn es s, o r f o r a ny o t her p u rp ose a p p ro ved by t he C o m pa ny , i f t he e m p l o y ee’s r i ght t o re -e m p l oy m ent i s guar a n tee d e ithe r b y a statu te or by c o n t r a ct or un der t he p o lic y p ur s uant t o wh i c h t he l eave o f a b s e nce was gr a n t e d or i f t he Ad m i n i s t ra t or o the rw i se so p r o v i des i n writin g.

SECTION 18. A MEN D MENTS AND TERM I N A TION

The B oard m a y, at any ti m e, a m end or dis c ontinue the Pla n an d th e Ad m i nistrato r m ay , a t an y ti m e , a m end or ca n ce l a ny o u tstan d in g A wa rd f or t he p u r po s e of satis f yi ng c h an g e s i n l a w or f or a ny ot h e r la w f ul pur po s e , b ut no su c h actio n s h a l l adv e rsel y affec t right s und e r a ny o u t s tan d i ng A wa r d w ith out t he ho l de r’ s c o ns e n t . The A d m i n istrat or i s s p ec i ficall y a u th or ize d t o exercis e it s d i s c reti on t o r e d uce t he e xerc i se pri ce of o u t s tandi ng S t o c k Op tio ns o r S t oc k A pp rec i a ti on Rig h t s or e ff ect t he r e p r icin g of su c h A wa r ds t h r o ug h c a n ce llati on a n d re - g ran t s . T o t he e x te nt require d u nd e r t he r u le s of a ny sec u ritie s e x c h ang e o r m ar k e t syst e m on w h ic h t he S t o c k i s liste d, t o t he ex te nt de te r m ined by t he A d m i n i s t ra t or t o be re q u i r e d by t he Co de t o e n sure t hat Inc e nti ve S t o c k Op t i ons g r a n te d u n d e r t he P l an are qua li f i e d u nd e r Sec ti on 4 22 o f t he Co d e , o r t o e ns u re t hat co m pensa t i on ea r n e d u n d e r A w a rds qua li f ie s a s pe r f o r m a nce-bas e d c o m pensa tio n u n d e r Sec tio n 1 62 ( m ) of t h e Co de, P l an am end m en t s s h a l l be s u b ject t o appro v a l by t he C o m p a ny st o ck ho l d er s e n t itle d t o v o t e a t a m e e ti ng of st o ckh o l d ers . N o t h in g i n t h i s Secti on 18 s h al l l i m i t t he A d m i n istrat o r’ s a u t h orit y t o t a ke a ny actio n p er m itte d p urs u a nt t o Sect i on 3(c).

SECT I ON 1 9. STA T US O F P L AN

W i t h res p ec t t o t he p ortio n of a ny Awar d t h a t h a s no t be e n exercis e d a nd any pay m ents in ca s h, Sto c k or oth e r c ons i der a tion not received by a gr a n te e , a gr a ntee s ha l l have no righ t s greater t han tho s e of a g e n e ral creditor of t he C o m pany un l ess t he A d m i n i s t ra t or s h a l l o t he r w i se e x pressl y d etermi ne i n con n ecti on wit h a ny Awar d or Awards . I n it s s o l e d iscretio n, t he A d m i n istrat or m a y a u t h o r iz e t he creatio n of trust s o r o t h e r arran g e m en t s t o m eet t he C o m p a n y’ s o b li g ati o n s t o d eli v e r St o c k o r m a ke p ay m e nt s wi t h res p ec t t o Awar ds h e reun d er , pr ov i d e d t h a t the ex i s te nce of s u ch tr us t s or o t he r a r r a nge m e n t s i s c o ns i s te nt w it h t he f or e goi ng sen t e nce.

SECT I ON 2 0. GE NE RAL P R O V I S I O NS

(a) No D i s t r i bu tio n. T he Ad m i n i s t ra t or m a y requ i re ea c h p e rs o n a c qu i r in g S t oc k p u r s uant t o an Awar d t o re pr ese nt t o an d a g re e wit h t he C o m p a ny i n writi ng t h a t s u c h p e rso n i s acq u ir i ng t he s h are s wit h o ut a v iew t o d i s t r i bu t i on t her e of.

(b) Delivery of S t ock Certificates . S t o c k certif i cate s t o gr a n tee s un d e r t h i s P l a n s h al l be d eemed de li ver e d f o r a l l p ur pos e s wh e n t he C o m pany o r a s t ock transfe r a g e nt of t h e C o m p a ny shal l h a ve m aile d s u ch certificate s i n t he Unite d Sta t e s m ail , ad dre s sed t o the gran t ee, at the gran t ee ’ s las t k now n a d dres s o n fil e wit h t he Co m p any . Uncertificate d S t oc k s h al l b e d eeme d d eli v ere d fo r al l purp o se s w h e n t he Com p a ny or a S t o c k t r a n s f e r agent o f t he Co m pany sha l l h a ve g i v e n t o t he gra n te e by electro n i c m a il (wit h p r o of o f r ecei p t ) or b y Un i te d States mail , addre s s e d t o th e grant e e , a t th e g r a n tee ’s las t k no wn a d d r es s o n f il e w it h t he C o m p a n y , no tic e of iss u a n c e a nd record e d t he i s su a n c e i n it s r e cord s (whi c h ma y includ e e l ect r o n i c “bo ok e n t r y ” r ecor d s ). N o t w it h stan d in g a n yt h ing h ere i n t o t he c on t rary , t he C o m p a ny s h al l no t be req u ire d t o iss ue o r d eli v e r a ny certifi cates ev i denc i ng s hares of St o c k pu r s u a nt t o t he e x e r cis e o f a ny A w ar d, u n les s a nd u n t i l t he A d m i n is t rat or h a s d etermi n e d, wit h ad v ic e of counse l (t o t he exten t th e Administrato r de e m s such a d v i ce necess a ry or a dv i s a ble) , tha t th e issu a n c e a n d deliver y of s u c h certificate s i s i n c o m p lia n c e wit h al l ap p lica b l e laws , re gu latio ns of g ov e r n m e n ta l a u th or itie s a n d , i f ap p lica b le, the r e quire m ents of any e x c h a nge on wh ic h t he s har e s of S t ock are li s te d, q u o t e d o r tr a d e d. Al l S t oc k c ertificates d eli v ere d p u rs u a nt t o t he Pla n s h al l be subjec t t o a ny stop-t ran s fer o rd e rs and o t her res t r i cti ons a s t he A d m i n istrat or dee m s necess a ry o r a dv i s a b l e t o c o m p l y w it h fed e ra l , s t a t e or f ore i gn j ur i s d icti on, se c ur i t i es or o t her la ws, r u le s a nd quotation system on which t h e Sto c k is list e d , quot e d o r tr a d ed . Th e Admin i strato r m a y plac e leg e nd s o n an y Sto c k certificat e t o refere n c e restricti ons ap p lica b l e t o t he St o c k. I n a dd itio n t o th e ter m s a nd co nd itio ns p ro v ide d h ere i n, t he A d m i n i s t ra t or m a y requ i r e t hat an in d i v i dual m a ke s u c h reas o n a b l e c ov e n a n t s, a gr e e m en t s, a n d r e pres e n tati o n s a s t he A d m i n i s trat o r , i n it s d iscreti o n , d ee m s n ecessar y o r a dv isa b l e i n o r de r t o c o m p l y wit h a ny s u c h laws, reg u lati on s , or req u ire m e n ts . T he A d m i n ist r at or s h al l h a ve t he r i ght t o req u ir e a ny in d i v i du a l t o c o m p l y wit h a ny t i mi ng or o t h e r restrictio ns wit h res p ec t t o th e settl e m e nt or e x ercis e o f a ny Awa rd, i n cludi ng a w i n dow- p er i od l i mitati on, a s ma y be i m pos e d i n t he d iscreti on o f t he A d mi n istrat o r.

(c) St o ckh o l d er Ri gh ts . U n ti l S t oc k i s d ee m e d deli v ere d i n acc o r d a n c e wit h Secti on 2 0( b ) , n o rig ht to vote or rece i ve div i dends or a ny o t her rights of a sto c kho l d e r wil l e x is t wi t h respec t t o share s o f Sto c k t o b e issued i n con n ectio n wit h a n Award , n o twithstan d i ng t he e x ercis e o f a S t o c k Op t i on o r a ny o t h e r ac tio n by t he gr a n t ee w it h respec t t o a n Award.

(d) O t h e r C o m pe n sa ti on A r r a ng em e n t s; No E m p l o y m e nt Ri g ht s . N o t h in g c o n t a i ned i n t h i s P l an s ha l l pr e v e nt t he B o ard f rom ad o p t i ng o t h e r or a d d iti onal c o m pensa tio n a r r a ng em e n t s, i nc lu d i ng tr us t s, a n d s uch arr a nge m e n t s m a y be e it her gen e ra ll y a p p li cab l e o r a p p li ca bl e onl y i n specifi c cases . Th e a d o p tio n of t h i s Pla n and t he g r a nt o f A w ar ds d o not c o n f e r up on a ny e m p l o ye e a ny r ig ht t o co n tin u e d e m p l oy m e nt w it h t he C o m p a ny or a ny Su bs i d iary.

(e) Trad i ng P o lic y Re s t r i c ti ons. Op tio n e x e rc i ses a n d o t h e r A wa r ds u nd e r t h e P l an sha l l be su b ject t o t he C o m p a n y’ s i n si d e r tra d in g p o licie s an d p r ocedures, a s in effect f r om ti m e to ti m e .

(f) Cl awba c k of A wa r ds u nd e r S a rb a ne s - O x l ey Ac t . Award s und e r t h i s Pla n ar e s u bjec t t o c lawba c k t o t he e x t e nt r e qu i red by t he S a rb a ne s - O x l ey Act o f 2 0 0 2 a n d t he Do d d - F r a nk W al l S t reet Re f o rm and C on s u m er Pro t ec tio n Act of 20 1 0 .

SECTION 21. EFFEC T IVE DA T E OF P L AN

This Plan shall beco m e effective on t he date of the C o m pany’s Initial Public Offer i ng, subject t o stockholder approval in ac c ordance with applicable state law, t he C o m pany’s bylaws and articles of incorporation, and applicable stock ex c h a nge rules. No gr a nts of Sto c k Options a nd o t h e r Aw a rds m ay be m ade h e reund e r a fter the tenth a nn i versary of the E ffective Date a nd no grants of Incentive Sto c k Options m ay be m ade h e reund e r a fter the tenth a nn i versary of the date the Pl a n is approv e d by the Board.

SECTION 22. G O V ER N I NG LAW

This Pl a n a nd all Aw a rds and actions tak e n t her e u nd e r s h al l b e gov e rne d by , an d c o nstru e d i n accordan c e wit h, t he law s of t he Stat e o f Delaware , ap p lie d witho ut regar d t o co nf lic t of la w pr i n ci p l es.

DA T E APP R O VED BY B OAR D O F DIR E CTORS: A p ril 2 0 , 2 01 3; a m end e d a n d restated Ma r c h 3 1, 2 0 1 5 DA T E A PP R O V E D B Y STOC K H O L D ERS : Ma y 2, 2 0 1 3; a m e nd e d an d restate d Ma r c h 3 1 , 2 015