CREDIT AGREEMENT dated as of January 11, 2022 among UL INC., as Parent, UL LLC, as Borrower, VARIOUS FINANCIAL INSTITUTIONS, JPMORGAN CHASE BANK, N.A. and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Co-Syndication Agents, and BANK OF AMERICA, N.A., as...Credit Agreement • April 7th, 2022 • UL Inc. • Services-testing laboratories • New York
THIS CREDIT AGREEMENT (this “Agreement”) dated as of January 11, 2022 is among UL Inc., a Delaware corporation (the “Parent”), UL LLC, a Delaware limited liability company (the “Borrower”), various lenders from time to time parties hereto (together with their respective successors and assigns, collectively the “Lenders” and individually each a “Lender”), and Bank of America, N.A., as Administrative Agent.
UL INC. LONG-TERM INCENTIVE PLAN EXECUTIVE AWARD AGREEMENTExecutive Award Agreement • April 7th, 2022 • UL Inc. • Services-testing laboratories • Delaware
UL Inc. (the “Company”) hereby grants to the employee referenced in the electronic grant statement (the “Executive”), pursuant to Section 2.1 of the UL Inc. Long-Term Incentive Plan (the “Plan”), an Award consisting of Cash Settled Appreciation Rights (“CSARs”). The Award Date, Expiration Date, Base Price, and number of CSARs under this Award are provided in the Executive’s electronic grant statement and incorporated into this Agreement. Capitalized terms not defined herein have the respective meanings specified in the Plan.
UL INC. LONG-TERM INCENTIVE PLAN PERFORMANCE CASH AWARD AGREEMENTPerformance Cash Award Agreement • April 7th, 2022 • UL Inc. • Services-testing laboratories • Delaware
UL Inc. (the “Company”) hereby grants to the individual referenced in the electronic grant statement (the “Executive”), pursuant to Section 3.1 of the UL Inc. Long-Term Incentive Plan, as amended and restated from time to time (the “Plan”), a Performance Cash Award (the “Award”). The Award Date, Performance Period, Performance Metrics, and amount of cash payable at Target and other levels of performance under this Award are provided in the Executive’s electronic grant statement and incorporated into this Agreement. Capitalized terms not defined herein have the respective meanings specified in the Plan.
UL INC. LONG-TERM INCENTIVE PLAN EXECUTIVE AWARD AGREEMENT (CASH SETTLED APPRECIATION RIGHTS)Executive Award Agreement • April 7th, 2022 • UL Inc. • Services-testing laboratories • Delaware
UL Inc. (the “Company”) hereby grants to the employee referenced in the electronic grant statement (the “Executive”), pursuant to Section 2.1 of the UL Inc. Long-Term Incentive Plan, as amended and restated effective January 1, 2019 (the “2019 Plan”), an Award consisting of Cash Settled Appreciation Rights (“CSARs”). The Award Date, Expiration Date, Base Price, and number of CSARs under this Award are provided in the Executive’s electronic grant statement and incorporated into this Agreement. Capitalized terms not defined herein have the respective meanings specified in the 2019 Plan.
UL INC. LONG-TERM INCENTIVE PLAN EMPLOYEE AWARD AGREEMENT (CASH STOCK APPRECIATION RIGHTS)Employee Award Agreement • April 7th, 2022 • UL Inc. • Services-testing laboratories • Delaware
UL Inc. (the “Company”) hereby grants to the employee referenced in the electronic grant statement (the “Employee”), an employee of the Company or an Affiliate, pursuant to Section 2.1 of the UL Inc. Long-Term Incentive Plan (the “Plan”), an award consisting of Cash Stock Appreciation Rights. The date of grant, Base Price, expiration date and the number of Cash Stock Appreciation Rights (“CSARs”) are provided in the Employee’s electronic grant statement and incorporated into this Agreement. Capitalized terms not defined herein have the respective meanings specified in the Plan.
August 21, 2019UL Inc. • April 7th, 2022 • Services-testing laboratories • Illinois
We are very pleased to extend this offer of employment to you (“you” or “Executive”) on the following terms of this letter agreement (“Agreement”):
UL INC. LONG-TERM INCENTIVE PLAN EMPLOYEE AWARD AGREEMENTEmployee Award Agreement • April 7th, 2022 • UL Inc. • Services-testing laboratories • Delaware
UL Inc. (the “Company”) hereby grants to the employee referenced in the electronic grant statement (the “Employee”), an employee of the Company or an Affiliate, pursuant to Section 2.1 of the UL Inc. Long-Term Incentive Plan (the “Plan”), an award consisting of Cash Stock Appreciation Rights. The Award Date, Base Price, and number of Cash Stock Appreciation Rights (“CSARs”) are provided in the Employee’s electronic grant statement and incorporated into this Agreement. Capitalized terms not defined herein have the respective meanings specified in the Plan.
EMPLOYMENT CONTRACTEmployment Contract • April 7th, 2022 • UL Inc. • Services-testing laboratories
between UL International Demko A/S (CVR No. 19 19 55 97) Lyskaer 8 2730 Herlev Denmark (hereinafter the "Company") A wholly owned subsidiary of Underwriters Laboratories Inc. ("UL") and Gitte Schjøtz Bjørnsholmvej 18, 2900 Vaerløse CPRnumber: 081170-1424 (hereinafter the "Employee")
UL INTERNATIONAL – SINGAPORE PRIVATE LIMITED CONSULTANCY AGREEMENT WITH MR. SAJEEV JESUDAS STRICTLY PRIVATE AND CONFIDENTIALConsultancy Agreement • April 7th, 2022 • UL Inc. • Services-testing laboratories
UL International – Singapore Private Limited, having its registered office at 2 Shenton Way, #18-01 SGX Centre 1, Singapore 068804 and registered company number 199705193M (“UL Singapore”);
UL INC. LONG-TERM INCENTIVE PLAN AMENDMENT TO (CASH SETTLED APPRECIATION RIGHTS)2018 Executive Award Agreement • April 7th, 2022 • UL Inc. • Services-testing laboratories
UL Inc. (the “Company”) hereby amends the Agreement memorializing the 2018 grant to the employee referenced in the electronic grant statement (“Executive”), pursuant to Section 2.1 of the UL Inc. Long-Term Incentive Plan (as amended and restated effective January 1, 2018) (the “2018 Plan”), of an Award of CSARs (the “2018 Award”), effective as of the date of acceptance by the Executive pursuant to Section 1 hereof (the “Amendment”). In accordance with IRS Notice 2010-6, this Amendment is intended to align the 2018 Plan and the Agreement with the requirements of Section 409A of the Code, insofar as they apply to the 2018 Award. Capitalized terms not defined herein have the respective meanings specified in the Agreement and, to the extent not defined in therein, the 2018 Plan.
