2018 Executive Award Agreement Sample Contracts

UL SOLUTIONS INC. LONG-TERM INCENTIVE PLAN AMENDMENT TO (CASH SETTLED APPRECIATION RIGHTS)
2018 Executive Award Agreement • November 13th, 2023 • UL Solutions Inc. • Services-testing laboratories

UL Solutions Inc. (formerly known as UL Inc. and referred to hereinafter as the “Company”) hereby amends the Agreement memorializing the April 2018 grant to the employee referenced in the electronic grant statement (“Executive”), pursuant to Section 2.1 of the UL Solutions Inc. Long-Term Incentive Plan (as amended and restated effective January 1, 2018 and subsequently amended effective as of the Conversion Date) (formerly known as the UL Inc. Long-Term Incentive Plan and referred to hereinafter as the “2018 Plan”), of an Award of CSARs (the “2018 Award”), effective as of the Conversion Date (the “Amendment”). Capitalized terms not defined herein have the respective meanings specified in the Agreement and, to the extent not defined in therein, the 2018 Plan (as amended).

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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.

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