UL INC. LONG-TERM INCENTIVE PLAN AMENDMENT TO (CASH SETTLED APPRECIATION RIGHTS)2019 Executive Award Agreement • November 13th, 2023 • UL Solutions Inc. • Services-testing laboratories
UL Inc. (the “Company”) hereby amends the Agreement memorializing the 2019 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, 2019) (the “2019 Plan”), of an Award of CSARs (the “2019 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 2019 Plan and the Agreement with the requirements of Section 409A of the Code, insofar as they apply to the 2019 Award. Capitalized terms not defined herein have the respective meanings specified in the Agreement and, to the extent not defined in therein, the 2019 Plan.
