Common use of Resignation as a Director Clause in Contracts

Resignation as a Director. In the event the Executive’s employment by the Company terminates for any reason, including termination by the Company or by reason of the Executive’s Disability or resignation, if Executive is then a member of the Board, the Executive shall irrevocably tender the Executive’s resignation from the Board effective as of the date of the notice of such termination or resignation, which resignation the Board may accept or reject as it may determine in its sole discretion. This Section 12(g) is a material term of this Agreement. EXECUTED as of the date first set forth above. PTC INC. EXECUTIVE By: /s/ Xxxx Xxxxxx Signed: /s/ Xxxx Xxxxx Name: Xxxx Xxxxxx Name: Xxxx Xxxxx Title: Chief People Officer

Resignation as a Director. In the event the Executive’s employment by the Company terminates for any reason, including termination by the Company or by reason of the Executive’s Disability disability or resignation, if Executive is then a member of the BoardBoard of Directors of the Company, the Executive shall irrevocably tender the such Executive’s resignation from the Board of Directors effective as of the date of the notice of such termination or resignation, which resignation the Board may accept or reject as it may determine in its sole discretion. This Section 12(g11(h) is a material term of this Agreement. EXECUTED as of the date first set forth written above. PTC INC. EXECUTIVE By: /s/ Xxxx Xxxxxx Signed: /s/ Xxxx Xxxxx Name: Xxxx /s/Jxxx Xxxxxx Name: Xxxx Xxxxx :Jxxx Xxxxxx Title: Chief People Officer:CHRO JXXXX XXXXXXXXXX /s/Jxxxx Xxxxxxxxxx

Resignation as a Director. In the event the Executive’s employment by the Company terminates for any reason, including termination by the Company or by reason of the Executive’s Disability disability or resignation, if Executive is then a member of the BoardBoard of Directors of the Company, the Executive shall irrevocably tender the such Executive’s resignation from the Board of Directors effective as of the date of the notice of such termination or resignation, which resignation the Board may accept or reject as it may determine in its sole discretion. This Section 12(g11(h) is a material term of this Agreement. EXECUTED as of the date first set forth written above. PTC INC. EXECUTIVE XXXXX XXXXXXXXXX By: /s/ Xxxx Xxxxxx Signed: /s/ /s/Xxxx Xxxxx Name: Xxxx Xxxxxx Name: Xxxx /s/Xxx Xxxxxxxxxx Xxxxxxx Xxxxx Title: President and Chief People OfficerExecutive Officer Interim Chief Human Resources Officer 9

Resignation as a Director. In the event the Executive’s employment by the Company terminates for any reason, including termination by the Company or by reason of the Executive’s Disability disability or resignation, if Executive is then a member of the BoardBoard of Directors of the Company, the Executive shall irrevocably tender the such Executive’s resignation from the Board of Directors effective as of the date of the notice of such termination or resignation, which resignation the Board may accept or reject as it may determine in its sole discretion. This Section 12(g12(h) is a material term of this Agreement.” In all other respects, the Executive Agreement shall remain in full force and effect. EXECUTED as of the date first set forth written above. PTC INC. EXECUTIVE By: /s/ Xxxx Xxxxxx Signed: Xxxxx Xxxxx Executive Vice President, Strategy XXXXX XXXXXXXXXX /s/ Xxxx Xxxxx Name: Xxxx Xxxxxx Name: Xxxx Xxxxx Title: Xxxxxxxxxx President and Chief People Executive Officer