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Interpretation. This Plan, as amended, is intended to satisfy the requirements of Code §409A and applicable guidance thereunder with respect to compensation payable pursuant to this Plan. It is not intended to materially modify the terms and conditions applicable to any other amounts payable pursuant to this Plan. This Plan shall be construed and administered accordingly. Therefore, to the extent an Award is subject to Code §409A, discretion otherwise permitted under the Plan is not intended to be exercised with respect to such Award in a manner which will violate the requirements of Code §409A. In addition, to the extent an Award is subject to Code §409A and payment or distribution is provided for upon termination or cessation of employment or a comparable event, such event shall be interpreted consistent with the definition of “separation from service” within the meaning of Treas. Reg. §1.409A-1(h).

Interpretation. This Plan, as amended,[Section 409A]. The Plan is intended to satisfyprovide compensation that is exempt from or that complies with Code Section 409A and Treasury Regulations thereunder (“[Section 409A]”), and the requirements of Code §409APlan’s terms and applicable guidance thereunder with respect to compensation payable pursuant to this Plan. It is not intended to materially modify the terms of any Award Agreement, including any definition in the Plan or any Award Agreement, shall be administered and conditions applicable to any other amounts payable pursuant to this Plan. Thisconstrued in a manner that is compliant with or exempt from the application of [Section 409A], as appropriate. For purposes of [Section 409A], each payment under the Plan shall be construed and administered accordingly. Therefore, to the extent an Award is subject to Code §409A, discretion otherwise permitted under the Plan is not intendeddeemed to be exercised with respect to such Award in a manner which will violate the requirements of Code §409A. In addition, to the extent an Award is subject to Code §409A and payment or distribution is provided for upon termination or cessation of employment or a comparable event, such event shall be interpreted consistent with the definition of “separation from service” within the meaning of Treas. Reg. §1.409A-1(h).separate payment.

Interpretation. This Plan, as amended, isWith respect to Awards subject to Section 409A of the Code, the Plan and the applicable Award Agreements are intended to satisfycomply with the requirements of Section 409A of the Code, and the provisions of the Plan and any Award Agreement shall be interpreted in a manner that satisfies the requirements of Section 409A of the Code, and the Plan shall be operated accordingly. If any provision of the Plan or any term or condition of any Award would otherwise frustrate or conflict with this intent, the provision, term or condition shall be interpreted and deemed amended so as to avoid this conflict. Notwithstanding anything in the Plan to the contrary, if the Board considers a Participant to be a “specified employee” under Section 409A of the Code §409Aat the time of such Participant’s “separation from service” (as defined in Section 409A of the Code), and applicable guidance thereunderany amount hereunder is “deferred compensation” subject to Section 409A of the Code, any distribution of such amount that otherwise would be made to such Participant with respect to compensation payable pursuant to this Plan. It is not intended to materially modify the terms and conditions applicable to any other amounts payable pursuant to this Plan. This Plan shall be construed and administered accordingly. Therefore, to the extent an Award is subject to Code §409A, discretion otherwise permitted under the Plan is not intended to be exercised with respect toas a result of such Award in a manner which will violate the requirements of Code §409A. In addition, to the extent an Award is subject to Code §409A and payment or distribution is provided for upon termination or cessation of employment or a comparable event, such event shall be interpreted consistent with the definition of “separation from service” withinshall not be made until the meaning of Treas. Reg. §1.409A-1(h).date that is six

Interpretation. ThisSection # Characterization and Interpretation of the Plan. The Plan is intended to comply with the requirements of Code section 409A and its related regulations and guidance. Notwithstanding anything in the Plan to the contrary, distributions may only be made under the Plan upon an event and in a manner permitted by Code section 409A or an applicable exemption. If a payment is not made by the designated payment date under the Plan, as amended, is intendedthe payment shall be made by December 31 of the calendar year in which the designated payment date occurs. To the extent that any provision of the Plan would cause a conflict with the requirements of Code section 409A, or would cause the administration of the Plan to fail to satisfy the requirements of Code §409Asection 409A, such provision shall be deemed null and void to the extent permitted by applicable guidance thereunder with respectlaw. All payments to compensation payable pursuantbe made upon a termination of employment under this Plan may only be made upon a “separation from service” (as that term is defined under Code section 409A and its related regulations and guidance). For purposes of Code section 409A, any right to receive a particular payment or a series of installment payments under this Plan. It is not intended to materially modify the terms and conditions applicable to any other amounts payable pursuant to this Plan. This Plan shall be construed and administered accordingly. Therefore,treated as a right to the extent an Award is subjectreceive separate (or a series of separate) payments. Any right to Code §409A, discretion otherwise permittedreceive a reimbursement or in-kind benefit provided under the Plan is not intended toshall be exercisedmade or provided in accordance with respect to such Award in a manner which will violate the requirements of Code §409A. In addition,section 409A, including, where applicable, the requirement that: # any reimbursement shall be for expenses incurred during the Participant’s lifetime (or during a shorter period of time specified in this Plan); # the amount of expenses eligible for reimbursement, or in-kind benefits provided, during a calendar year may not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; # the extentreimbursement of an Awardeligible expense will be made on or before the last day of the calendar year following the year in which the expense is incurred; and # the right to reimbursement or in-kind benefits is not subject to Code §409A and paymentliquidation or distribution is providedexchange for upon termination or cessation of employment or a comparable event, such event shall be interpreted consistent with the definition of “separation from service” within the meaning of Treas. Reg. §1.409A-1(h).another benefit.

Interpretation. ThisSection # Characterization and Interpretation of the Plan. The Plan is intended to comply with the requirements of Code section 409A and its related regulations and guidance. Notwithstanding anything in the Plan to the contrary, distributions may only be made under the Plan upon an event and in a manner permitted by Code section 409A or an applicable exemption. If a payment is not made by the designated payment date under the Plan, as amended, is intendedthe payment shall be made by December 31 of the calendar year in which the designated payment date occurs. To the extent that any provision of the Plan would cause a conflict with the requirements of Code section 409A, or would cause the administration of the Plan to fail to satisfy the requirements of Code §409Asection 409A, such provision shall be deemed null and void to the extent permitted by applicable guidance thereunder with respectlaw. All payments to compensation payable pursuantbe made upon a termination of employment under this Plan may only be made upon a “separation from service” (as that term is defined under Code section 409A and its related regulations and guidance). For purposes of Code section 409A, any right to receive a particular payment or a series of installment payments under this Plan. It is not intended to materially modify the terms and conditions applicable to any other amounts payable pursuant to this Plan. This Plan shall be construed and administered accordingly. Therefore,treated as a right to the extent an Award is subjectreceive separate (or a series of separate) payments. Any right to Code §409A, discretion otherwise permittedreceive a reimbursement or in-kind benefit provided under the Plan is not intended toshall be exercisedmade or provided in accordance with respect to such Award in a manner which will violate the requirements of Code §409A. In addition,section 409A, including, where applicable, the requirement that: # any reimbursement shall be for expenses incurred during the Participant’s lifetime (or during a shorter period of time specified in this Plan); # the amount of expenses eligible for reimbursement, or in-kind benefits provided, during a calendar year may not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; # the extentreimbursement of an Awardeligible expense will be made on or before the last day of the calendar year following the year in which the expense is incurred; and # the right to reimbursement or in-kind benefits is not subject to Code §409A and paymentliquidation or distribution is providedexchange for upon termination or cessation of employment or a comparable event, such event shall be interpreted consistent with the definition of “separation from service” within the meaning of Treas. Reg. §1.409A-1(h).another benefit

Interpretation. This Plan,The Plan as amended, iswell as payments and benefits under the Plan are intended to satisfybe exempt from, or to the requirementsextent subject thereto, to comply with Section 409A of the Code, and, accordingly, to the maximum extent permitted, the Plan shall be interpreted in accordance therewith. Notwithstanding anything contained herein to the contrary, to the extent required in order to avoid accelerated taxation and/or tax penalties under Section 409A of the Code, the Participant shall not be considered to have terminated employment or service with the Company for purposes of the Plan and no payment shall be due to the Participant under the Plan or any Award until the Participant would be considered to have incurred a “separation from service” from the Company and its Affiliates within the meaning of Section 409A of the Code. Any payments described in the Plan that are due within the “short term deferral period” as defined in Section 409A of the Code §409A andshall not be treated as deferred compensation unless applicable guidance thereunder with respectlaw requires otherwise. Notwithstanding anything to compensation payable pursuantthe contrary in the Plan, to this Plan. It is not intended to materially modify the terms and conditions applicable toextent that any Awards (or any other amounts payable pursuantunder any plan, program or arrangement of the Company or any of its Affiliates) are payable upon a separation from service and such payment would result in the imposition of any individual tax and penalty interest charges imposed under Section 409A of the Code, the settlement and payment of such awards (or other amounts) shall instead be made on the first business day after the date that is six (6) months following such separation from service (or death, if earlier). Each amount to be paid or benefit to be provided under this Plan. This Plan shall be construed as a separate identified payment for purposes of Section 409A of the Code. The Company makes no representation that any or all of the payments or benefits described in this Plan will be exempt from or comply with Section 409A of the Code and administered accordingly. Therefore,makes no undertaking to preclude Section 409A of the extent an Award is subjectCode from applying to Code §409A, discretion otherwise permitted under the Plan is not intended to be exercised with respect toany such Award in a manner which will violate the requirements of Code §409A. In addition, to the extent an Award is subject to Code §409A and payment or distribution is provided for upon termination or cessation of employment or a comparable event, such eventpayment. The Participant shall be interpreted consistent withsolely responsible for the definitionpayment of “separation from service” within the meaning of Treas. Reg. §1.409A-1(h).any taxes and penalties incurred under Section 409A.

Interpretation. This Plan, as amended,Compliance with Section 409A of the Code. The Plan is intended to satisfybe exempt from or comply with section 409A of the requirements of Code §409A and applicable guidance thereunder with respect to compensation payable pursuant to this Plan. It is not intended to materially modify the termsshall be administered in such a manner and conditions applicable to any other amounts payable pursuant to this Plan. This Plan shall be construed and administered accordingly. Therefore, tointerpreted in accordance with such intent To the extent that an Award or the payment of such Award is subject to Code §409A, discretion otherwise permitted undersection 409A of the Plan is not intended toCode, the Award shall be exercised with respect to such Awardgranted and paid in a manner whichthat will violatecomply with section 409A of the requirementsCode, including regulations or other guidance issued with respect thereto, except as otherwise determined by the Committee. Any provision of Code §409A. In addition, tothis Plan that would cause the extentgrant of an Award is subjector the payment of such Award to fail to satisfy section 409A of the Code §409Amay be amended, in the discretion of the Committee, to comply with section 409A of the Code on a timely basis, and payment or distribution is provided for upon termination or cessationmay be amended on a retroactive basis, in accordance with regulations and other guidance issued under section 409A of employment or a comparable event, such event shall be interpreted consistent with the definition of “separation from service” within the meaning of Treas. Reg. §1.409A-1(h).Code.

Interpretation. This Plan,The Plan as amended, iswell as payments and benefits under the Plan are intended to satisfybe exempt from, or to the requirementsextent subject thereto, to comply with Section 409A of the Code, and, accordingly, to the maximum extent permitted, the Plan shall be interpreted in accordance therewith. Notwithstanding anything contained herein to the contrary, to the extent required in order to avoid accelerated taxation and/or tax penalties under Section 409A of the Code, the Participant shall not be considered to have terminated employment or service with the Company for purposes of the Plan and no payment shall be due to the Participant under the Plan or any Award until the Participant would be considered to have incurred a “separation from service” from the Company and its Affiliates within the meaning of Section 409A of the Code. Any payments described in the Plan that are due within the “short term deferral period” as defined in Section 409A of the Code §409A and applicable guidance thereunder with respectshall not be treated as deferred compensation unless Applicable Law requires otherwise. Notwithstanding anything to compensation payable pursuantthe contrary in the Plan, to this Plan. It is not intended to materially modify the terms and conditions applicable toextent that any Awards (or any other amounts payable pursuantunder any plan, program or arrangement of the Company or any of its Affiliates) are payable upon a separation from service and such payment would result in the imposition of any individual tax and penalty interest charges imposed under Section 409A of the Code, the settlement and payment of such awards (or other amounts) shall instead be made on the first business day after the date that is six (6) months following such separation from service (or death, if earlier). Each amount to be paid or benefit to be provided under this Plan. This Plan shall be construed as a separate identified payment for purposes of Section 409A of the Code. The Company makes no representation that any or all of the payments or benefits described in this Plan will be exempt from or comply with Section 409A of the Code and administered accordingly. Therefore,makes no undertaking to preclude Section 409A of the extent an Award is subjectCode from applying to Code §409A, discretion otherwise permitted under the Plan is not intended to be exercised with respect toany such Award in a manner which will violate the requirements of Code §409A. In addition, to the extent an Award is subject to Code §409A and payment or distribution is provided for upon termination or cessation of employment or a comparable event, such eventpayment. The Participant shall be interpreted consistent withsolely responsible for the definitionpayment of “separation from service” within the meaning of Treas. Reg. §1.409A-1(h).any taxes and penalties incurred under Section 409A.

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