The adoption of the Plan shall not affect any other Company or Subsidiary compensation or incentive plans in effect. Nothing in the Plan will limit or be deemed to limit the authority of the Board or a Board committee:

Employee Benefit Plans and Other Compensation Arrangements. Set forth on [Schedule 3.7(a)] is a true and complete list of all Seller Plans. True and complete copies of the following documents with respect to each Seller Plan have been made available to Buyer, as applicable: # plans and related trust documents, insurance contracts or other funding arrangements and all amendments thereto, # the Forms 5500 and all schedules thereto for the most recent three (3) years, # the most recent valuation report, including any FAS 106 report; # the most recent IRS determination or opinion letter, # the most recent summary plan description and subsequent summaries of material modifications, # the most recent financial statements, and # written summaries of all material terms of unwritten Seller Plans. Except as set forth on [Schedule 3.7(b)]:

The Plan will be in effect from January 1 through December 31, 2021 (the “Plan Year”). The Plan supersedes all prior compensation plans and/or variable pay arrangements applicable to Participants.

4.12Employee Benefits. During the Employment Term, in addition to the other compensation and benefits described herein, the Executive shall be entitled to participate in all employee benefit plans, practices, and programs maintained by the Company, as in effect from time to time, including the Company’s Non-Qualified Deferred Compensation Plan (collectively, “Employee Benefit Plans”). The Company reserves the right to amend or terminate any Employee Benefit Plans at any time in its sole discretion, subject to the terms of such Employee Benefit Plan and applicable law.

“Aggregated Plans” means this Plan or a portion of this Plan and all other non-qualified deferred compensation plans which must be aggregated with the Plan or portion of the Plan in accordance with the plan aggregation rules of [Section 409A].

Effect on Other Plans, Agreements and Benefits. Any severance benefits payable to an Eligible Employee under the Plan will be reduced by and not in addition to any severance benefits to which the Eligible Employee would otherwise be entitled under any general severance policy or severance plan maintained by any member of the Company Group (including, but not limited to, the Allegiance Bank Texas Severance Plan) or any agreement between the Eligible Employee and any member of the Company Group that provides for severance benefits (unless the policy, plan or agreement expressly provides for severance benefits to be in addition to those provided under this Plan), and any severance benefits payable to an Eligible Employee under the Plan will be reduced by any severance benefits to which the Eligible Employee is entitled by operation of a statute or government regulations. Notwithstanding the foregoing, the benefits payable under Section 3 or Section 4 hereof shall not be reduced by the amount of notice pay or pay in lieu of notice provided for in Section 2 hereof. Notwithstanding anything herein to the contrary, the Plan does not affect the terms of any outstanding equity or other incentive-based compensation awards, including, without limitation and without limiting the generality of this Section 4.5, under the [[Organization A:Organization]] 2019 Amended and Restated Stock Awards and Incentive Plan and the [[Organization A:Organization]] Annual Incentive Plan. The treatment of any such awards will be determined in accordance with the terms of the plans under which they were granted and any applicable award agreements.

Other Compensation Arrangements; No Employment Rights. Nothing contained in the Plan shall prevent the Board from adopting other or additional compensation plans or arrangements, including trusts, and such arrangements may be either generally applicable or applicable only in specific cases. The adoption of the Plan and the grant of Awards do not confer upon any employee any right to continued employment with the Company or any Subsidiary.

Your benefits under the Cabot Corporation Deferred Compensation Plan and the Supplemental 401(k) Plan (together, the “Deferred Compensation Plans”) shall be paid in accordance with the terms of the Deferred Compensation Plans; provided that in no event shall any benefits under the Deferred Compensation Plans be paid earlier than six months following the Separation Date.

Severance Compensation Upon Termination. In the event of the Executive’s Termination Upon a Change in Control, subject to Section 8, the Executive shall be entitled to receive the Severance Package, except that:

Nothing contained in the Plan shall prevent the Committee or the Company from adopting other non-shareholder approved plans, policies and arrangements for granting incentives and other compensation to employees of the Company and its Subsidiaries or adopting or continuing in effect other or additional compensation arrangements, and such arrangements may be either generally applicable or applicable only in specific cases.