<SEC-DOCUMENT>0000052988-18-000007.txt : 20180504
<SEC-HEADER>0000052988-18-000007.hdr.sgml : 20180504
<ACCEPTANCE-DATETIME>20180504171249
ACCESSION NUMBER:		0000052988-18-000007
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20180502
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180504
DATE AS OF CHANGE:		20180504

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			JACOBS ENGINEERING GROUP INC /DE/
		CENTRAL INDEX KEY:			0000052988
		STANDARD INDUSTRIAL CLASSIFICATION:	HEAVY CONSTRUCTION OTHER THAN BUILDING CONST - CONTRACTORS [1600]
		IRS NUMBER:				954081636
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0929

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07463
		FILM NUMBER:		18808913

	BUSINESS ADDRESS:	
		STREET 1:		1999 BRYAN STREET, SUITE 1200
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201
		BUSINESS PHONE:		214-583-8500

	MAIL ADDRESS:	
		STREET 1:		1999 BRYAN STREET, SUITE 1200
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>jec8kseveranceplanitem502m.htm
<DESCRIPTION>8-K
<TEXT>
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<div><a name="sb77ad8fb3f2a4d45bed1bea115b0704c"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:5px;text-align:center;font-size:18pt;"><font style="font-family:Arial;font-size:18pt;font-weight:bold;">UNITED STATES</font></div><div style="line-height:120%;text-align:center;font-size:18pt;"><font style="font-family:Arial;font-size:18pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;font-weight:bold;">Washington, DC 20549</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">______________________________&#160;</font></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:18pt;"><font style="font-family:Arial;font-size:18pt;font-weight:bold;">Form 8-K</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">______________________________&#160;</font></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;font-weight:bold;">Current Report</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;font-weight:bold;">Pursuant to Section 13 or 15(d) of</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;font-weight:bold;">The Securities Exchange Act of 1934</font></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;">Date of Report (date of earliest event reported):</font><font style="font-family:Arial;font-size:12pt;font-weight:bold;">&#32;May 2, 2018</font><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:24pt;"><font style="font-family:Arial;font-size:24pt;font-weight:bold;">Jacobs Engineering Group Inc.</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:Arial;font-size:10pt;">(Exact name of Registrant as specified in its charter)</font><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:34%;"></td><td style="width:33%;"></td><td style="width:33%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Delaware</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">1-7463</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">95-4081636</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">(State </font></div><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">of incorporation)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">(Commission</font></div><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">File No.)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">(IRS Employer</font></div><div style="text-align:center;text-indent:2px;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">identification number)</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:50%;"></td><td style="width:50%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">1999 Bryan Street, Suite 1200, Dallas, Texas</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">75201</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">(Address of principal executive offices)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;">(Zip code)</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Registrant's telephone number (including area code): (214) 583-8500</font><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:12pt;"><font style="font-family:Arial;font-size:10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:84.5703125%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:8%;"></td><td style="width:92%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#9744;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:84.5703125%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:8%;"></td><td style="width:92%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#9744;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:84.5703125%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:8%;"></td><td style="width:92%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#9744;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:84.5703125%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:8%;"></td><td style="width:92%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#9744;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:78.125%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"></td></tr><tr><td style="width:100%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Emerging growth company  </font><font style="font-family:inherit;font-size:10pt;">&#9744;</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:97.65625%;border-collapse:collapse;text-align:left;"><tr><td colspan="1"></td></tr><tr><td style="width:100%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  </font><font style="font-family:inherit;font-size:10pt;">&#9744;</font></div></td></tr></table></div></div><div><br></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><div><a name="s0c64efe64a04401a899b07c6d19da131"></a></div><div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:90.234375%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:13%;"></td><td style="width:87%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Item 5.02</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. </font></div><div style="-sec-extract:summary;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Executive Severance Plan</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On May 2, 2018, the Human Resource and Compensation Committee (the &#8220;Committee&#8221;) of the Board of Directors of Jacobs Engineering Group Inc. (the &#8220;Company&#8221;) approved and the Company adopted the Jacobs Engineering Group Inc. Executive Severance Plan (the &#8220;Plan&#8221;), to be effective as of May 2, 2018.  The Plan provides severance benefits to certain executive officers of the Company in the event that a participant experiences a qualifying termination of employment as set forth in the Plan.  In the event that a qualifying termination occurs during the two (2) year period following a Change in Control (as defined in the Plan), the Plan provides enhanced severance benefits.  The Plan will apply to all of the Company&#8217;s named executive officers (the &#8220;NEOs&#8221;) as well as certain other executives of the Company as approved by the Committee. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Non-Change in Control Severance Benefits </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under the terms of the Plan, during a period of time prior to or more than two (2) years following a Change in Control, in the event of a termination of the participant&#8217;s employment by the Company other than for Cause (as defined in the Plan), the participant will be entitled to receive the following benefits: (i) a lump sum cash payment equal to 1.5 times (for the CEO) or 1 times (for the other NEOs and executives) the sum of (x) the participant&#8217;s base salary and (y) the participant&#8217;s target annual incentive award; (ii) a lump sum cash payment equal to 1.5 times (for the CEO) or 1 times (for the other NEOs and executives) the sum of (x) the annual COBRA premium that would be payable by the participant for continued participation in the Company&#8217;s group health plans and (y) the annual fee for continued receipt of financial advisory services; and (iii) the participant&#8217;s unvested and outstanding equity awards that are scheduled to vest within nine (9) months following the participant&#8217;s date of termination shall continue to vest in accordance with their original vesting schedule irrespective of the termination of the participant&#8217;s employment (subject to the satisfaction of any applicable performance criteria), all as described in the Plan.  Any NEO whose employment agreement provides for benefits in the event of a termination of employment that is not in connection with a Change in Control will receive the benefits, if any, as set forth under such employment agreement in lieu of the Plan. </font></div><div style="line-height:120%;text-align:justify;text-indent:40px;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Change in Control Severance Benefits </font></div><div style="line-height:120%;text-align:justify;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Under the terms of the Plan, during the two (2) year period following a Change in Control, in the event of a termination of the participant&#8217;s employment by the Company other than for Cause or by the participant for Good Reason (as defined in the Plan), the participant will be entitled to receive the following benefits: (i) a lump sum cash payment equal to 2 times (for the CEO) or 1 times (for the other NEOs and executives) the sum of (x) the participant&#8217;s base salary and (y) the participant&#8217;s target annual incentive award; (ii) a lump sum cash payment equal to the participant&#8217;s target annual incentive award, prorated based on the number of days the participant was employed during the fiscal year in which the participant&#8217;s date of termination occurred; and (iii) a lump sum cash payment equal to 2 times (for the CEO) or 1 times (for the other NEOs and executives) the sum of (x) the annual COBRA premium that would be payable by the participant for continued participation in the Company&#8217;s group health plans and (y) the annual fee for continued receipt of financial advisory services, all as described in the Plan.  The treatment of any Company equity awards that remain outstanding and unvested as of the participant&#8217;s date of termination shall be governed by the Company&#8217;s 1999 Stock Incentive Plan (or any successor plan) and any award agreements thereunder.</font></div><div style="line-height:120%;text-align:justify;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:40px;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All payments and other benefits under the Plan are subject to the participant&#8217;s execution and delivery of a release of claims and compliance with certain non-competition, non-solicitation, confidentiality and non-disparagement covenants.</font></div><div style="line-height:120%;text-align:justify;text-indent:40px;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The payments and other benefits under the Plan are not duplicative of benefits under other policies and agreements.  In the event a participant is covered by any other policy or agreement that may duplicate the payments and benefits provided in the Plan, the Committee is specifically empowered to reduce or eliminate the duplicative benefits provided for under the Plan.</font></div><div style="line-height:120%;text-align:justify;text-indent:40px;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The foregoing is qualified in its entirety by reference to the full text of the Plan, which is attached hereto as Exhibit 10.1 and incorporated herein by reference.</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-align:justify;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-top:8px;text-align:justify;-sec-extract:summary;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div><div><br></div><div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:90.234375%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:13%;"></td><td style="width:87%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Item 9.01</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Financial Statements and Exhibits</font></div></td></tr></table></div></div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:44px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:20px;"><font style="font-family:Arial;font-size:10pt;">(d)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Exhibits:</font></div></td></tr></table><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The following exhibit is furnished as part of this Report pursuant to Item 5.02.</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:87.890625%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">Exhibit Number</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">Exhibit Description</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">10.1</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><a style="text-decoration:underline;color:#0000FF;-sec-extract:exhibit;" href="a101severanceplan.htm"><font style="font-family:Arial;font-size:10pt;">Jacobs Engineering Group Inc. Executive Severance Plan, effective May 2, 2018</font></a></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;text-align:justify;-sec-extract:summary;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div><div style="line-height:120%;-sec-extract:summary;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><div><a name="sbdb2f9eee3bc4dc582d73768f72c79cd"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">SIGNATURES</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:12pt;"><font style="font-family:Arial;font-size:10pt;">Dated: May 4, 2018</font><font style="font-family:inherit;font-size:12pt;">&#160;</font></div><div style="line-height:120%;text-align:right;font-size:12pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;text-align:-moz-right;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:43.75%;border-collapse:collapse;text-align:left;margin-left:auto;margin-right:0;"><tr><td colspan="2"></td></tr><tr><td style="width:11%;"></td><td style="width:89%;"></td></tr><tr><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div></td></tr><tr><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">JACOBS ENGINEERING GROUP INC.</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">By:</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">/s/&#160;Kevin C. Berryman</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Kevin C. Berryman</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Executive Vice President</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">and Chief Financial Officer</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div>	</body>
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<TYPE>EX-10.1
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<FILENAME>a101severanceplan.htm
<DESCRIPTION>EXHIBIT 10.1
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		<title>Exhibit</title>
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<div><a name="s1D34AEF0DFCD06A343AC2841992140D8"></a></div><div><div style="line-height:120%;text-align:right;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;"><br></font></div><div style="line-height:120%;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">JACOBS ENGINEERING GROUP INC. <br>EXECUTIVE SEVERANCE PLAN</font></div><div style="line-height:120%;padding-left:0px;padding-bottom:16px;text-align:justify;text-indent:48px;"><font style="padding-bottom:16px;text-align:justify;font-family:inherit;font-size:10.5pt;color:#010000;padding-right:48px;">1.</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Purpose</font><font style="font-family:inherit;font-size:10.5pt;">.  The purpose of this Jacobs Engineering Group Inc. Executive Severance Plan (this &#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Plan</font><font style="font-family:inherit;font-size:10.5pt;">&#8221;) is to retain certain senior executives of the Company by reason of providing appropriate severance benefits and to ensure their continued dedication to their duties, including in the event of a Change in Control (as defined in </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;24</font><font style="font-family:inherit;font-size:10.5pt;">&#32;below).</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">2.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Eligible Participants</font><font style="font-family:inherit;font-size:10.5pt;">.  Employees participating in the Plan (each, a &#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Participant</font><font style="font-family:inherit;font-size:10.5pt;">&#8221;) will be those senior executives who are selected by the Human Resource and Compensation Committee of the Company&#8217;s Board of Directors (the &#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Committee</font><font style="font-family:inherit;font-size:10.5pt;">&#8221;) in its sole discretion and designated as a Participant.  In the Committee&#8217;s discretion, Participants may be designated to participate in the Plan with respect to the payments and benefits under either (or both) of </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;3(a)</font><font style="font-family:inherit;font-size:10.5pt;">&#32;(&#8220;Qualifying Termination &#8211; No Change in Control&#8221;) or </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;3(b)</font><font style="font-family:inherit;font-size:10.5pt;">&#32;(&#8220;Qualifying Termination After a Change in Control&#8221;), in each case on a standalone, immediate and/or delayed basis.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">3.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Payments Upon a Qualifying Termination of Employment</font><font style="font-family:inherit;font-size:10.5pt;">.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(a)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Qualifying Termination &#8211; No Change in Control</font><font style="font-family:inherit;font-size:10.5pt;">.  If, prior to or more than two (2) years following a Change in Control, the employment of the Participant is terminated under circumstances constituting a Qualifying Termination, then, subject to the Participant&#8217;s execution of a Release as set forth in </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;4</font><font style="font-family:inherit;font-size:10.5pt;">&#32;below, the Company shall provide to the Participant:</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;padding-left:48px;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(i)</font><font style="font-family:inherit;font-size:10.5pt;">&#160;&#160;&#160;&#160;a lump sum cash payment equal to the result of multiplying the Participant&#8217;s applicable Severance Multiple (see Exhibit A to this Plan, Table 2) by the sum of (x) the Participant&#8217;s Base Salary and (y) the Participant&#8217;s Target Annual Incentive Award;</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;padding-left:48px;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">(ii) &#160;&#160;&#160;&#160;a lump sum cash payment equal to the result of multiplying the Participant&#8217;s applicable Severance Multiple (see Exhibit A to this Plan, Table 2)  by the annual premium that would be payable for the continued receipt of financial planning services which the Participant receives as of immediately prior to his or her Date of Termination;</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;padding-left:48px;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(iii)</font><font style="font-family:inherit;font-size:10.5pt;">&#160;&#160;&#160;&#160;a lump sum cash payment equal to the result of multiplying the Participant&#8217;s applicable Severance Multiple (see Exhibit A to this Plan, Table 2) by the annual COBRA premium that would be payable by the Participant for continued participation in the Company&#8217;s group health plans in which the Participant participates immediately prior to his or her Date of Termination; and</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;padding-left:48px;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(iv)</font><font style="font-family:inherit;font-size:10.5pt;">&#160;&#160;&#160;&#160;the Participant&#8217;s unvested and outstanding Company equity awards (or equity awards issued to the Participant in replacement of such Company equity awards in connection with a Change in Control) that are scheduled to vest within the nine (9) month period following the Date of Termination shall continue to vest in accordance with their original vesting schedule irrespective of the termination of the Participant&#8217;s employment (subject, for the avoidance of doubt, to the satisfaction of any applicable performance criteria).</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">The cash payments specified in paragraphs (i), (ii) and (iii) of this </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;3(a)</font><font style="font-family:inherit;font-size:10.5pt;">&#32;shall be paid within ninety (90) days following the Date of Termination; </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">provided</font><font style="font-family:inherit;font-size:10.5pt;">&#32;that if the full release review and revocation period described in Section 4 of this Plan spans two calendar years, then the payment shall be made in the second calendar year.</font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div></div><hr style="page-break-after:always"><div></div><div><br></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(b)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Qualifying Termination After a Change in Control</font><font style="font-family:inherit;font-size:10.5pt;">.  If, during the two (2)-year period following a Change in Control, the employment of the Participant is terminated under circumstances constituting a Qualifying Termination, then, subject to the Participant&#8217;s execution of a Release as set forth in </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;4</font><font style="font-family:inherit;font-size:10.5pt;">&#32;below, the Company shall provide to the Participant:</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;padding-left:48px;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(i)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">a lump sum cash payment equal to the result of multiplying the Participant&#8217;s applicable Severance Multiple (see Exhibit A to this Plan, Table 1) by the sum of (x) the Participant&#8217;s Base Salary and (y) the Participant&#8217;s Target Annual Incentive Award; </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;padding-left:48px;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(ii)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">a lump sum cash payment equal to the Participant&#8217;s Target Annual Incentive Award, multiplied by a fraction the numerator of which shall be the number of days the Participant was employed by the Company during the fiscal year in which the Date of Termination occurred and the denominator of which is 365; </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;padding-left:48px;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(iii)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">a lump sum cash payment equal to the result of multiplying the Participant&#8217;s applicable Severance Multiple (see Exhibit A to this Plan, Table 1)  by the annual premium that would be payable for the continued receipt of financial planning services which the Participant receives as of immediately prior to his or her Date of Termination, and</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;padding-left:48px;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(iv)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">a lump sum cash payment equal to the result of multiplying the Participant&#8217;s applicable Severance Multiple (see Exhibit A to this Plan, Table 1) by the annual COBRA premium that would be payable by the Participant for continued participation in the Company&#8217;s group health plans in which the Participant participates immediately prior to his or her Date of Termination.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">The cash payments specified in paragraphs (i), (ii), (iii) and (iv) of this </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;3(b)</font><font style="font-family:inherit;font-size:10.5pt;">&#32;shall be paid within ninety (90) days following the Date of Termination; </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">provided</font><font style="font-family:inherit;font-size:10.5pt;">&#32;that if the release review and revocation period described in Section 4 of this Plan spans two calendar years, then the payment shall be made in the second calendar year.  The treatment of any Company equity awards (or equity awards issued to the Participant in replacement of such Company equity awards in connection with the Change in Control) that remain outstanding and unvested as of the Date of Termination shall be governed by the Company&#8217;s 1999 Stock Incentive Plan (or any successor plan) and any award agreements thereunder.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(c)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">Except as otherwise expressly provided pursuant to this Plan, this Plan shall be construed and administered in a manner which avoids duplication of compensation and benefits which may be provided under any other plan, program, policy or other arrangement or individual contract or under any statute, rule or regulation.  In the event a Participant is covered by any other plan, program, policy, individually negotiated agreement or other arrangement, in effect as of his or her Date of Termination, that may duplicate the payments and benefits provided for in this </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;3</font><font style="font-family:inherit;font-size:10.5pt;">, the Committee is specifically empowered to reduce or eliminate the duplicative benefits provided for under the Plan.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">4.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Release</font><font style="font-family:inherit;font-size:10.5pt;">.  A Participant&#8217;s receipt of payments and benefits under </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;3</font><font style="font-family:inherit;font-size:10.5pt;">&#32;above will be conditioned on the Participant&#8217;s execution of a Waiver and General Release of claims in a form acceptable to the Company (a &#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Release</font><font style="font-family:inherit;font-size:10.5pt;">&#8221;), which shall be provided to the Participant no later than ten (10)&#160;business days after the Date of Termination and must be executed by the Participant within the forty-five (45) day review period, not be revoked by the Participant within the seven (7) day revocation period, and become effective by the Participant by the fifty-second (52</font><font style="font-family:inherit;font-size:10.5pt;"><sup style="vertical-align:top;line-height:120%;font-size:pt">nd</sup></font><font style="font-family:inherit;font-size:10.5pt;">) day following Participant&#8217;s receipt of the Release.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">5.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Withholding Taxes</font><font style="font-family:inherit;font-size:10.5pt;">.  The Company shall withhold from all payments due to the Participant (or his beneficiary or estate) hereunder all taxes which, by applicable federal, state, local or other law, the Company is required to withhold therefrom.</font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">-2-</font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div></div><hr style="page-break-after:always"><div></div><div><br></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">6.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Expenses</font><font style="font-family:inherit;font-size:10.5pt;">.  If any contest or dispute shall arise under this Plan involving termination of a Participant&#8217;s employment with the Company or involving the failure or refusal of the Company to perform fully in accordance with the terms hereof, each party shall be responsible for its own legal fees and related expenses, if any, incurred in connection with such contest or dispute.  </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">7.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">No Guarantee of Continued Employment</font><font style="font-family:inherit;font-size:10.5pt;">.  The Participant agrees and understands that his or her employment with the Company is at-will.  Nothing in this Plan will be deemed to entitle the Participant to continued employment with the Company or its Subsidiaries or affect any right the Company has to terminate or alter the terms and conditions of the Participant&#8217;s employment with the Company.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">8.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Restrictive Covenants</font><font style="font-family:inherit;font-size:10.5pt;">.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(a)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Confidential Information</font><font style="font-family:inherit;font-size:10.5pt;">.  The Participant agrees and understands that in the Participant&#8217;s position with the Company, the Participant will be exposed to and will receive information relating to the confidential affairs of the Company and its affiliates, including, without limitation, technical information, intellectual property, business and marketing plans, strategies, customer information, software, other information concerning the products, promotions, development, financing, expansion plans, business policies and practices of the Company and its affiliates and other forms of information considered by the Company and its affiliates to be confidential or in the nature of trade secrets (including, without limitation, ideas, research and development, know-how, formulas, technical data, designs, drawings, specifications, customer and supplier lists, pricing and cost information and business and marketing plans and proposals) (collectively, the &#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Confidential Information</font><font style="font-family:inherit;font-size:10.5pt;">&#8221;).  Confidential Information shall not include information that is generally known to the public or within the relevant trade or industry other than due to the Participant&#8217;s violation of this </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;8</font><font style="font-family:inherit;font-size:10.5pt;">&#32;or disclosure by a third party who is known by the Participant to owe the Company an obligation of confidentiality with respect to such information.  The Participant agrees that at all times during the Participant&#8217;s employment with the Company and at all times thereafter, the Participant shall not disclose such Confidential Information, either directly or indirectly, to any individual, corporation, partnership, limited liability company, association, trust or other entity or organization, including a government or political subdivision or an agency or instrumentality thereof (each a &#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Person</font><font style="font-family:inherit;font-size:10.5pt;">&#8221;) without the prior written consent of the Company and shall not use or attempt to use any such information in any manner other than in connection with the Participant&#8217;s employment with the Company, unless required by law to disclose such information, in which case the Participant shall provide the Company with written notice of such requirement as far in advance of such anticipated disclosure as possible.  This confidentiality covenant has no temporal, geographical or territorial restriction.  Upon termination of the Participant&#8217;s employment with the Company, the Participant shall promptly supply to the Company all property, keys, notes, memoranda, writings, lists, files, reports, customer lists, correspondence, tapes, disks, cards, surveys, maps, logs, machines, technical data and any other tangible product or document which has been produced by, received by or otherwise submitted to the Participant during or prior to the Participant&#8217;s employment with the Company, and any copies thereof in the Participant&#8217;s (or capable of being reduced to the Participant&#8217;s) possession.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;padding-left:6px;text-indent:96px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">Notwithstanding the foregoing, nothing herein shall prevent the Participant from disclosing Confidential Information to the extent required by law.  Additionally, nothing herein shall preclude the Participant&#8217;s right to communicate, cooperate or file a complaint with any U.S. federal, state or local governmental or law enforcement branch, agency or entity (collectively, a &#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Governmental Entity</font><font style="font-family:inherit;font-size:10.5pt;">&#8221;) with respect to possible violations of any U.S. federal, state or local law or regulation, or otherwise make disclosures to any Governmental Entity, in each case, that are protected under the whistleblower or similar provisions of any such law or regulation; </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">provided</font><font style="font-family:inherit;font-size:10.5pt;">&#32;that in each case such communications and disclosures are consistent with applicable law.  Notwithstanding the foregoing, the Participant agrees to waive the Participant&#8217;s right to recover monetary damages in connection with any charge, complaint or lawsuit filed by the Participant or anyone else on the Participant&#8217;s behalf (whether involving a governmental entity or not); </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">provided</font><font style="font-family:inherit;font-size:10.5pt;">&#32;that the Participant is not agreeing to waive, and this Agreement shall not be read as requiring the Participant to waive, any right the Participant may have to receive an award for information provided to any Governmental Entity.  </font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">-3-</font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div></div><hr style="page-break-after:always"><div></div><div><br></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;padding-left:6px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">Pursuant to 18&#160;U.S.C. &#167;&#160;1833(b), Participant acknowledges that Participant will not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret if he/she (i)&#160;makes such disclosure in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney and such disclosure is made solely for the purpose of reporting or investigating a suspected violation of law; or (ii)&#160;such disclosure was made in a complaint or other document filed in a lawsuit or other proceeding if such filing is made under seal.  Participant understands that if Participant files a lawsuit for retaliation by the Company for reporting a suspected violation of law, Participant may disclose the trade secret to Participant&#8217;s attorney and use the trade secret information in the court proceeding if Participant (x)&#160;files any document containing the trade secret under seal, and (y)&#160;does not disclose the trade secret, except pursuant to court order.  Nothing in this Plan, or any other Plan that Participant has with the Company, is intended to conflict with 18&#160;U.S.C. &#167;&#160;1833(b) or create liability for disclosures of trade secrets that are expressly allowed by such section.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(b)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Non-Competition</font><font style="font-family:inherit;font-size:10.5pt;">.  If a Participant&#8217;s employment is terminated in accordance with </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section 3</font><font style="font-family:inherit;font-size:10.5pt;">&#32;of this Plan, then, during the one-year period immediately following such Participant&#8217;s Date of Termination (the &#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Restricted Period</font><font style="font-family:inherit;font-size:10.5pt;">&#8221;), such Participant shall not, directly or indirectly, own, manage, operate, join, control, participate in, consult with, render services for, be employed by or participate in the ownership, management, operation or control of, or be connected in any manner with, including, without limitation, holding any position as a stockholder, director, officer, consultant, independent contractor, employee, partner, or investor in, any Restricted Enterprise (as defined below); </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">provided</font><font style="font-family:inherit;font-size:10.5pt;">, that, in no event shall (i)&#160;ownership by the Participant of two percent (2%) or less of the outstanding securities of any class of any issuer whose securities are registered under the Securities Exchange Act of 1934, as amended, standing alone, be prohibited by this </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;8(b)</font><font style="font-family:inherit;font-size:10.5pt;">, so long as the Participant does not have, or exercise, any rights to manage or operate the business of such issuer other than rights as a shareholder thereof or (ii)&#160;being employed by an entity, standing alone, be prohibited by this </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;8(b)</font><font style="font-family:inherit;font-size:10.5pt;">, so long as the entity has more than one discrete and readily distinguishable part of its business and the Participant&#8217;s duties are not at or involving the part of the entity&#8217;s business that is actively engaged in a Restricted Enterprise</font><font style="font-family:inherit;font-size:10.5pt;color:#231f20;">.  </font><font style="font-family:inherit;font-size:10.5pt;">For purposes of this paragraph, &#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Restricted Enterprise</font><font style="font-family:inherit;font-size:10.5pt;">&#8221; shall mean any Person that is engaged, directly or indirectly, in (or intends or proposes to engage in, or has been organized for the purpose of engaging in) a business that is in competition with the Business (as defined below) or any other business of the Company or any of its affiliates in any country or territory in which the Company or any of its affiliates markets any of its services or products or has plans to begin marketing any of its services or products in such country or territory</font><font style="font-family:inherit;font-size:10.5pt;color:#231f20;">.  </font><font style="font-family:inherit;font-size:10.5pt;">During the Restricted Period, upon request of the Company, the Participant shall notify the Company of the Participant&#8217;s then-current employment status</font><font style="font-family:inherit;font-size:10.5pt;color:#231f20;">.  </font><font style="font-family:inherit;font-size:10.5pt;">For purposes of this Agreement, &#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Business</font><font style="font-family:inherit;font-size:10.5pt;">&#8221; shall mean the business of engineering, construction, consulting, design, design-build, procurement, operations and management, program management and technical services for national and local governments and/or private clients.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(c)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Non-Solicitation</font><font style="font-family:inherit;font-size:10.5pt;">. During the Restricted Period, a Participant shall not, directly or indirectly (including through another entity), (i) induce or attempt to induce any employee or independent contractor of the Company or any of its Subsidiaries to leave the employ of the Company or such Subsidiary, or in any way interfere with the relationship between the Company and any of its Subsidiaries and any employee or independent contractor thereof, (ii) hire any person who was an employee or independent contractor of the Company or any of its Subsidiaries within 12 months prior to the date of hire, or (iii) solicit or attempt to solicit or induce or attempt to induce any joint venture partner, customer, supplier, licensee or other business relation (including teaming arrangements) of the Company or any of its Subsidiaries to transact business with a Restricted Enterprise or to cease doing business with the Company or such Subsidiary or in any way interfere with the relationship between any such joint venture partner, customer, supplier, licensee or business relation and the Company and any Subsidiary. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(d)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Non-Disparagement</font><font style="font-family:inherit;font-size:10.5pt;">.  In the event a Participant&#8217;s employment is terminated in accordance with </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section 3</font><font style="font-family:inherit;font-size:10.5pt;">&#32;of this Plan, the Participant shall not, after the Date of Termination, make any statement that would libel, slander, criticize, ridicule or disparage the Company, any of its Subsidiaries or their respective past or present officers, directors, employees, managers, members or agents.  Nothing herein shall prevent such Participant </font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">-4-</font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div></div><hr style="page-break-after:always"><div></div><div><br></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">from&#160;responding accurately and fully to any question, inquiry or request for information when required by legal process; </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">provided</font><font style="font-family:inherit;font-size:10.5pt;">, </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">however</font><font style="font-family:inherit;font-size:10.5pt;">, that the Participant shall provide the Company with reasonable prior written notice before responding to such a question, inquiry or request, unless such notice to the Company is prohibited under applicable law. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(e)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Enforcement</font><font style="font-family:inherit;font-size:10.5pt;">.  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Therefore, in the event a breach or threatened breach of this </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section 8</font><font style="font-family:inherit;font-size:10.5pt;">, the Company and its Subsidiaries and any of their respective successors and assigns may, in addition to other rights and remedies existing in their favor, apply to any court of competent jurisdiction for specific performance and/or injunctive or other relief in order to enforce, or prevent any violations of, the provisions hereof (without posting a bond or other security).</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(f)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Recoupment; Cessation of Obligations</font><font style="font-family:inherit;font-size:10.5pt;">.  If a Participant materially breaches </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;8(a)</font><font style="font-family:inherit;font-size:10.5pt;">, </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">8(b)</font><font style="font-family:inherit;font-size:10.5pt;">, </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">8(c)</font><font style="font-family:inherit;font-size:10.5pt;">&#32;or </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">8(d)</font><font style="font-family:inherit;font-size:10.5pt;">&#32;hereof during the Restricted Period, the Company will have the right to recoup from the Participant all payments and benefits (or the value thereof as determined by the Committee in its sole discretion) provided to such Participant under this Plan and any obligation of the Company to make or provide any payments or benefits under this Plan will cease.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(g)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Extension of Restricted Period</font><font style="font-family:inherit;font-size:10.5pt;">.  The Restricted Period shall be tolled for any period during which the Participant is in breach of any of </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Sections&#160;8(b)</font><font style="font-family:inherit;font-size:10.5pt;">&#32;</font><font style="font-family:inherit;font-size:10.5pt;">or </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">(c)</font><font style="font-family:inherit;font-size:10.5pt;">&#32;hereof.   </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">9.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Section 280G of the Code</font><font style="font-family:inherit;font-size:10.5pt;">.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(a)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">In the event that any payments or benefits (whether under this Plan or otherwise) payable to a Participant (i) constitute &#8220;parachute payments&#8221; within the meaning of Section 280G of the Code, and (ii) but for this </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;9</font><font style="font-family:inherit;font-size:10.5pt;">, would be subject to the excise tax imposed by Section 4999 of the Code, then such payments and benefits will be either (x) delivered in full, or (y) delivered as to such lesser extent that would result in no portion of such payments and benefits being subject to excise tax under Section 4999 of the Code, whichever of the foregoing amounts, taking into account the applicable federal, state and local income and employment taxes and the excise tax imposed by Section 4999 of the Code (and any equivalent state or local excise taxes), results in the receipt by the Participant on an after-tax basis, of the greatest amount of benefits, notwithstanding that all or some portion of such payments and benefits may be taxable under Section 4999 of the Code.  Any reduction in payments and/or benefits required by this provision will occur in the following order: (i) reduction of cash payments; (ii) reduction of vesting acceleration of equity awards; and (iii) reduction of other benefits paid or provided to Executive. In the event that acceleration of vesting of equity awards is to be reduced, such acceleration of vesting will be cancelled in the reverse order of the date of grant for equity awards. 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For purposes of making the calculations required by this </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;9</font><font style="font-family:inherit;font-size:10.5pt;">, the Accounting Firm may make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good faith interpretations concerning the application of Sections 280G and 4999 of the Code.  </font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">-5-</font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div></div><hr style="page-break-after:always"><div></div><div><br></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">The Company and Executive agree to furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make a determination under this provision. The Company will bear all costs the Accountants may reasonably incur in connection with any calculations contemplated by this provision.  Any determinations by the Accounting Firm with respect to whether any payments or benefits are subject to reduction under this </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;9</font><font style="font-family:inherit;font-size:10.5pt;">&#32;will be binding upon the Company and the Participant.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">10.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Successors; Binding Agreement</font><font style="font-family:inherit;font-size:10.5pt;">.  This Plan will survive any Change in Control, and the provisions of this Plan will be binding upon the surviving corporation, which will be treated as the Company hereunder.  The benefits provided under this Plan shall inure to the benefit of and be enforceable by the Participant&#8217;s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees.  If the Participant dies while any amounts would be payable to the Participant hereunder had the Participant continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Plan to such person or persons appointed in writing by the Participant to receive such amounts or, if no person is so appointed, to the Participant&#8217;s estate.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">11.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Notice</font><font style="font-family:inherit;font-size:10.5pt;">.  </font><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(i)</font><font style="font-family:inherit;font-size:10.5pt;">&#160;For purposes of this Plan, all notices and other communications required or permitted hereunder must be in writing and will be deemed to have been duly given when delivered or five (5)&#160;days after deposit in the United States mail, certified and return receipt requested, postage prepaid and addressed as follows:</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">If to the Participant: the address listed as the Participant&#8217;s address in the Company&#8217;s personnel files.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">If to the Company:</font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Jacobs Engineering Group Inc. <br>Attention:  General Counsel </font><font style="font-family:inherit;font-size:10pt;">&#32;<br></font><font style="font-family:inherit;font-size:12pt;">1999 Bryan Street</font></div><div style="line-height:120%;text-align:left;padding-left:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Suite 1200</font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;padding-left:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">Dallas, Texas 75201</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">or to such other address as either party may have furnished to the other in writing in accordance herewith, except that notices of change of address shall be effective only upon receipt.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(a)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">A written notice of the Participant&#8217;s Date of Termination by the Company or the Participant, as the case may be, to the other, will (i)&#160;indicate the specific termination provision in this Plan relied upon, (ii)&#160; specify the termination date (which date shall be not less than thirty (30)&#160;nor more than forty (40)&#160;days after the giving of such notice) and (iii) to the extent the Participant is serving a notice of termination claiming Good Reason, set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of the Participant&#8217;s employment for Good Reason.  The failure by the Participant or the Company to set forth in such notice any fact or circumstance which contributes to a showing of Good Reason or Cause does not waive any right of the Participant or the Company hereunder or preclude the Participant or the Company from asserting such fact or circumstance in enforcing the Participant&#8217;s or the Company&#8217;s rights hereunder.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">12.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Full Settlement; Resolution of Disputes and Costs</font><font style="font-family:inherit;font-size:10.5pt;">. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(a)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">In no event will the Participant be obligated to seek other employment or take other action by way of mitigation of the amounts payable to the Participant under any of the provisions of this Plan and such amounts shall not be reduced whether or not the Participant obtains other employment.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(b)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">The parties will use good faith efforts to resolve any controversy, dispute or claim arising out of, or relating to this Plan or the breach thereof. If, despite their good faith efforts, the parties are unable to resolve such controversy, dispute or claim through their own efforts, the parties shall attempt to resolve such disputes </font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">-6-</font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div></div><hr style="page-break-after:always"><div></div><div><br></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">through mediation, except that this requirement will not apply to any controversy, claim or dispute under or relating to </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section 8</font><font style="font-family:inherit;font-size:10.5pt;">&#32;of this Plan. If such mediation is unsuccessful, or if a claim relates to </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section 8</font><font style="font-family:inherit;font-size:10.5pt;">&#32;of this Plan or relates to </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section 18</font><font style="font-family:inherit;font-size:10.5pt;">&#32;of this Plan (but provided only if the Participant has fully and timely exhausted the administrative process set out in </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section 18</font><font style="font-family:inherit;font-size:10.5pt;">&#32;of this Plan), such controversy, dispute or claim shall be settled exclusively by arbitration in Texas by one neutral arbitrator (selected by mutual agreement of the parties) in accordance with JAMS Employment Arbitration Rules and Procedures (&#8220;JAMS Rules&#8221;) and subject to the Federal Arbitration Act, 9 U.S.C. Section 1, et. seq.  A copy of the JAMS Rules may be found at http://www.jamsadr.com/rules-employment-arbitration/ or by searching the internet for &#8220;JAMS Employment Arbitration Rules&#8221;. Judgment may be entered on the arbitrator&#8217;s award in any court having jurisdiction. Notwithstanding anything in this Plan to the contrary, any arbitrator who adjudicates any dispute, controversy or claim arising between a Participant and the Company, or any of their delegates or successors, in respect of any determination by the Company, or any of its delegates or successors, regarding a Participant&#8217;s Qualifying Termination that occurs after a Change in Control, will apply a </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">de</font><font style="font-family:inherit;font-size:10.5pt;">&#32;</font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">novo</font><font style="font-family:inherit;font-size:10.5pt;">&#32;standard of review to any determinations made by such delegate or successor of the Company.  Such </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">de</font><font style="font-family:inherit;font-size:10.5pt;">&#32;</font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">novo</font><font style="font-family:inherit;font-size:10.5pt;">&#32;standard shall apply notwithstanding the grant of full discretion hereunder to any such delegate or successor of the Company or characterization of any such decision by such delegate or successor of the Company as final, binding or conclusive on any party. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">13.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Employment with Subsidiaries</font><font style="font-family:inherit;font-size:10.5pt;">.  Employment with the Company for purposes of this Plan shall include employment with any Subsidiary.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">14.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Survival</font><font style="font-family:inherit;font-size:10.5pt;">.  The respective obligations and benefits afforded to the Company and the Participant as provided in </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Sections&#160;3</font><font style="font-family:inherit;font-size:10.5pt;">&#32;(to the extent that payments or benefits are owed as a result of a termination of employment that occurs during the term of this Plan), </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">4</font><font style="font-family:inherit;font-size:10.5pt;">, </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">5</font><font style="font-family:inherit;font-size:10.5pt;">, </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">6</font><font style="font-family:inherit;font-size:10.5pt;">&#32;and </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">8</font><font style="font-family:inherit;font-size:10.5pt;">&#32;shall survive the termination of this Plan.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">15.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">GOVERNING LAW; VALIDITY</font><font style="font-family:inherit;font-size:10.5pt;">.  EXCEPT TO THE EXTENT THIS PLAN IS SUBJECT TO ERISA, THE INTERPRETATION, CONSTRUCTION AND PERFORMANCE OF THIS PLAN SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF DELAWARE, WITHOUT REGARD TO THE PRINCIPLE OF CONFLICTS OF LAWS, AND APPLICABLE FEDERAL LAWS.  THE INVALIDITY OR UNENFORCEABILITY OF ANY PROVISION OF THIS PLAN SHALL NOT AFFECT THE VALIDITY OR ENFORCEABILITY OF ANY OTHER PROVISION OF THIS PLAN, WHICH OTHER PROVISIONS SHALL REMAIN IN FULL FORCE AND EFFECT.  FOR THE AVOIDANCE OF DOUBT, ANY ARBITRATOR SELECTED IN ACCORDANCE WITH SECTION 12 OF THIS PLAN SHALL BE BOUND BY AND APPLY DELAWARE&#8217;S STATUTE OF LIMITATIONS IN RESOLVING ANY CONTROVERSY, DISPUTE OR CLAIM ARISING UNDER THIS PLAN. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">16.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Amendment and Termination</font><font style="font-family:inherit;font-size:10.5pt;">.  The Committee may amend or terminate the Plan at any time without the consent of the Participants; </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">provided</font><font style="font-family:inherit;font-size:10.5pt;">, </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">however</font><font style="font-family:inherit;font-size:10.5pt;">, that Participants must be given at least six (6) months&#8217; notice of amendments that are adverse to the interests of the Participants, including the termination of a Participant&#8217;s participation in the Plan, and </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">provided</font><font style="font-family:inherit;font-size:10.5pt;">, </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">further</font><font style="font-family:inherit;font-size:10.5pt;">, that any termination or amendments to the Plan that are adverse to the interests of any Participant and made in anticipation of a Change in Control will give a Participant the right to enforce his or her rights pursuant to this Section.  Notwithstanding the foregoing, during the period commencing on a Change in Control and ending on the second anniversary of the Change in Control, no Participant&#8217;s participation hereunder may be terminated and the Plan may not be terminated or amended in any manner which is materially adverse to the interests of any Participant without the prior written consent of such Participant.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">17.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Interpretation and Administration</font><font style="font-family:inherit;font-size:10.5pt;">.  The Plan shall be administered by the Committee (or any successor committee); </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">provided</font><font style="font-family:inherit;font-size:10.5pt;">&#32;</font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">that</font><font style="font-family:inherit;font-size:10.5pt;">&#32;the Board may act in lieu of the Committee.  The Committee (or any successor committee) will have the authority (i)&#160;to exercise all of the powers granted to it under the Plan, (ii)&#160;to construe, interpret and implement the Plan, (iii)&#160;to prescribe, amend and rescind rules and regulations relating to the Plan, (iv)&#160;to make all determinations necessary or advisable in administration of the Plan, (v)&#160;to correct any defect, </font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">-7-</font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div></div><hr style="page-break-after:always"><div></div><div><br></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">supply any omission and reconcile any inconsistency in the Plan, and (vi) to delegate its responsibilities and authority hereunder to a subcommittee of the Committee or an individual executive or collection of executives of the Company.  Actions of the Board or the Committee (or any successor committee) shall be taken by a majority vote of its members.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">18.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Claims and Appeals</font><font style="font-family:inherit;font-size:10.5pt;">.  Participants may submit claims for benefits by giving notice to the Company pursuant to </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;11</font><font style="font-family:inherit;font-size:10.5pt;">&#32;of this Plan.  If a Participant believes that he or she has not received coverage or benefits to which he or she is entitled under the Plan, the Participant may notify the General Counsel of the Company (or the Chief Administrative Officer of the Company where the Participant submitting the claim is the General Counsel) in writing of a claim for coverage or benefits.  If the claim for coverage or benefits is denied in whole or in part, the General Counsel (or the Chief Administrative Officer, as applicable) shall notify the applicant in writing of such denial within thirty (30)&#160;days (which may be extended to sixty (60)&#160;days under special circumstances), with such notice setting forth: (i)&#160;the specific reasons for the denial; (ii)&#160;the Plan provisions upon which the denial is based; (iii)&#160;any additional material or information necessary for the applicant to perfect his or her claim; and (iv)&#160;the procedures for requesting a review of the denial.  Upon a denial of a claim by the General Counsel (or the Chief Administrative Officer, as applicable), the Participant may: (i)&#160;request a review of the denial by the Committee or, where review authority has been so delegated, by such other person or entity as may be designated by the Committee for this purpose; (ii)&#160;review any Plan documents relevant to his or her claim; and (iii)&#160;submit issues and comments to the Committee or its delegate that are relevant to the review.  Any request for review must be made in writing and received by the Committee or its delegate within sixty (60)&#160;days of the date the applicant received notice of the initial denial, unless special circumstances require an extension of time for processing.  The Committee or its delegate will make a written ruling on the applicant&#8217;s request for review setting forth the reasons for the decision and the Plan provisions upon which the denial, if appropriate, is based.  This written ruling shall be made within thirty (30)&#160;days of the date the Committee or its delegate receives the applicant&#8217;s request for review unless special circumstances require an extension of time for processing, in which case a decision will be rendered as soon as possible, but not later than sixty (60)&#160;days after receipt of the request for review.  All extensions of time permitted by this </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section&#160;18</font><font style="font-family:inherit;font-size:10.5pt;">&#32;will be permitted at the sole discretion of the Committee or its delegate.  If the Committee does not provide the Participant with written notice of the denial of his or her appeal within sixty (60) days after receipt of the request for review by the Committee or its delegate, the Participant&#8217;s claim shall be deemed denied. Any arbitration relating to a benefit determination under </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">Section 18</font><font style="font-family:inherit;font-size:10.5pt;">&#32;of this Plan must be initiated no later than 18 months after the date the claimant first receives notice of the Committee&#8217;s or its delegate&#8217;s benefit determination.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">19.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Type of Plan</font><font style="font-family:inherit;font-size:10.5pt;">.  This Plan is intended to be, and shall be interpreted as an unfunded employee welfare plan under Section&#160;3(1) of the Employee Retirement Income Security Act of 1974, as amended (&#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">ERISA</font><font style="font-family:inherit;font-size:10.5pt;">&#8221;) and Section&#160;2520.104-24 of the Department of Labor Regulations, maintained primarily for the purpose of providing employee welfare benefits, to the extent that it provides welfare benefits, and under Sections&#160;201, 301 and 401 of ERISA, as a plan that is unfunded and maintained primarily for the purpose of providing deferred compensation, to the extent that it provides such compensation, in each case for a select group of management or highly compensated employees (i.e., a &#8220;top hat&#8221; plan).</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">20.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Non-Assignability</font><font style="font-family:inherit;font-size:10.5pt;">.  Benefits under the Plan may not be assigned by the Participant.  The terms and conditions of the Plan shall be binding on the successors and assigns of the Company.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">21.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Section&#160;409A</font><font style="font-family:inherit;font-size:10.5pt;">.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(a)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">To the extent a Participant would otherwise be entitled to any payment or benefit that under this Plan, or any plan or arrangement of the Company or its affiliates, constitutes &#8220;deferred compensation&#8221; subject to Section&#160;409A and that if paid or provided during the six (6) months beginning on the Date of Termination of a Participant&#8217;s employment would be subject to the Section 409A additional tax because the Participant is a &#8220;specified employee&#8221; (within the meaning of Section&#160;409A and as determined by the Company) the payment or benefit will </font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">-8-</font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div></div><hr style="page-break-after:always"><div></div><div><br></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">be paid or provided (or will commence being paid or provided, as applicable) to the Participant on the earlier of the first day of the seventh (7th) month following the Participant&#8217;s Date of Termination or the Participant&#8217;s death.  In addition, any payment or benefit due upon a termination of the Participant&#8217;s employment that represents a &#8220;deferral of compensation&#8221; within the meaning of Section&#160;409A shall be paid or provided to the Participant only upon a &#8220;separation from service&#8221; as defined in Treasury Regulation&#160;Section&#160;1.409A-1(h).  Each severance payment made under this Plan shall be deemed to be a separate payment, and amounts payable under Section&#160;3 of this Plan shall be deemed not to be a &#8220;deferral of compensation&#8221; subject to Section&#160;409A to the extent provided in the exceptions in Treasury Regulation&#160;Sections&#160;1.409A-1(b)(4) (&#8220;short-term deferrals&#8221;) and (b)(9) (&#8220;separation pay plans,&#8221; including the exception under subparagraph (iii)) and other applicable provisions of Treasury Regulation&#160;Section&#160;1.409A-1 through A&#8209;6.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(b)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">Notwithstanding anything to the contrary in this Plan or elsewhere, in the event that a Participant waives the provisions of another severance or change in control agreement or arrangement to participate in this Plan and such participation in this Plan is later determined to be a &#8220;substitution&#8221; (within the meaning of Section 409A) for the benefits under such agreement or arrangement, then any payment or benefit under this Plan that such Participant becomes entitled to receive during the remainder of the waived term of such agreement or arrangement shall be payable in accordance with the time and form of payment provisions of such agreement or arrangement.   </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">22.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Certain Reductions; Recoupment</font><font style="font-family:inherit;font-size:10.5pt;">.  Notwithstanding anything in this Plan to the contrary, in no event shall any payment or benefit under this Plan be paid, provided or accrued, if any such payment, provision or accrual would be in violation of applicable law, rule or regulation (&#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Applicable Law</font><font style="font-family:inherit;font-size:10.5pt;">&#8221;).  In addition, to the extent that any provision of Applicable Law or any recoupment policy or practice of the Company as in effect from time to time requires any payments or benefits paid (or provided or to be paid or provided) to a Participant to be forfeited or recouped from the Participant, each such payment or benefit shall be subject to forfeiture or recoupment, as applicable, and such Participant&#8217;s right to receive or retain each such payment or benefit shall terminate.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">23.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Effective Date</font><font style="font-family:inherit;font-size:10.5pt;">.  The Plan shall be effective as of May 2, 2018.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">24.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;text-decoration:underline;">Definitions</font><font style="font-family:inherit;font-size:10.5pt;">.  As used in this Plan, the following terms shall have the respective meanings set forth below:</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(a)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">&#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Annual Incentive Award</font><font style="font-family:inherit;font-size:10.5pt;">&#8221; means the annual cash incentive bonus awarded to a Participant by the Company (or its affiliates) from time to time. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(b)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">&#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Base Salary</font><font style="font-family:inherit;font-size:10.5pt;">&#8221; means the Participant&#8217;s annual rate of base salary as in effect on the Participant&#8217;s Date of Termination (or, if greater, the highest annual rate of base salary during the twelve-month period immediately prior to the Participant&#8217;s Date of Termination).</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(c)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">&#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Board</font><font style="font-family:inherit;font-size:10.5pt;">&#8221; means the Board of Directors of the Company and, after a Change in Control, the &#8220;board of directors&#8221; of the surviving corporation.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(d)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">&#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Cause</font><font style="font-family:inherit;font-size:10.5pt;">&#8221; 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or </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;padding-left:48px;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(iv)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">a material breach by the Company (or a successor) of this Plan or any employment agreement between the Company and the Participant.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">provided</font><font style="font-family:inherit;font-size:10.5pt;">, </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">however</font><font style="font-family:inherit;font-size:10.5pt;">, that such event will not constitute Good Reason under this Plan unless (1) the Participant provides notice to the Company within thirty (30) days following the initial existence of an event </font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">-11-</font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div></div><hr style="page-break-after:always"><div></div><div><br></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">constituting Good Reason, (2) the Company does not remedy such event (if remediation is possible) within thirty (30) days following the Company&#8217;s receipt of notice of such event, and (3) the Participant separates from service with the Company within ninety (90) days following the initial existence of such an event constituting Good Reason.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(k)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">&#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Qualifying Termination</font><font style="font-family:inherit;font-size:10.5pt;">&#8221; means a termination of the Participant&#8217;s employment with the Company (i)&#160;by the Company other than for Cause or (ii) during the two (2) year period following a Change in Control,&#160;by the Participant for Good Reason.  Termination of the Participant&#8217;s employment on account of death, Disability, by the Company for Cause, by the Participant other than for Good Reason or by the Participant for Good Reason outside of the two (2) year period following a Change in Control shall not be treated as a Qualifying Termination.  Notwithstanding the preceding sentence, the death of the Participant after notice of termination other than for Cause in accordance with subsection (i) of the first sentence herein, or after notice of termination for Good Reason in accordance with subsection (ii) of the first sentence herein, has been validly provided shall be deemed to be a Qualifying Termination.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(l)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">&#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Subsidiary</font><font style="font-family:inherit;font-size:10.5pt;">&#8221; means any corporation or other entity in which the Company has a direct or indirect ownership interest of 50% or more of the total combined voting power of the then outstanding securities or interests of such corporation or other entity entitled to vote generally in the election of directors (or members of any similar governing body) or in which the Company has the right to receive 50% or more of the distribution of profits or 50% of the assets or liquidation or dissolution. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;color:#010000;">(m)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">&#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Section&#160;409A</font><font style="font-family:inherit;font-size:10.5pt;">&#8221; means Section&#160;409A of the Internal Revenue Code of 1986, as amended, and the final Treasury Regulations issued 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style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10.5pt;">&#8220;</font><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;text-decoration:underline;">Target Annual Incentive Award</font><font style="font-family:inherit;font-size:10.5pt;">&#8221; means a Participant&#8217;s target Annual Incentive Award for the fiscal year in which the Participant&#8217;s Date of Termination occurs (or, if greater, the Participant&#8217;s target Annual Incentive Award immediately preceding the Change in Control); </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">provided</font><font style="font-family:inherit;font-size:10.5pt;">, </font><font style="font-family:inherit;font-size:10.5pt;text-decoration:underline;">however</font><font style="font-family:inherit;font-size:10.5pt;">, that in the event no target Annual Incentive Award has been established for the Participant for either the fiscal year of termination or the  period immediately preceding the Change in Control, &#8220;Target Annual Incentive Award&#8221; shall mean the average Annual Incentive Award paid to the Participant for the three most recently completed fiscal years before the year of termination.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;"><br></font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">-12-</font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div></div><hr style="page-break-after:always"><div><a name="s5AA1E0002C94D12741B328419990F512"></a></div><div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">EXHIBIT A</font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">SEVERANCE MULTIPLES</font></div><div style="line-height:120%;font-size:10.5pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4"></td></tr><tr><td style="width:46%;"></td><td style="width:27%;"></td><td style="width:26%;"></td><td style="width:1%;"></td></tr><tr><td colspan="3" style="vertical-align:middle;border-bottom:1px solid #00000a;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:4px;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Table 1 &#8211; Two Year Period Post-Change in Control Qualifying Termination</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td rowspan="2" style="vertical-align:middle;border-bottom:1px solid #00000a;background-color:#d9d9d9;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Participation Level</font></div></td><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #00000a;background-color:#d9d9d9;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Severance Multiple</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:middle;border-bottom:1px solid #00000a;background-color:#d9d9d9;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Base Salary</font></div></td><td style="vertical-align:middle;border-bottom:1px solid #00000a;background-color:#d9d9d9;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Annual Incentive</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:middle;border-bottom:1px solid #00000a;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Chief Executive Officer Level</font></div></td><td style="vertical-align:middle;border-bottom:1px solid #00000a;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">2</font></div></td><td style="vertical-align:middle;border-bottom:1px solid #00000a;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">2</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:middle;border-bottom:1px solid #00000a;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Senior Executive Level (non-CEO)</font></div></td><td style="vertical-align:middle;border-bottom:1px solid #00000a;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">1</font></div></td><td style="vertical-align:middle;border-bottom:1px solid #00000a;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:48px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;"><br></font></div><div style="line-height:120%;font-size:10.5pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:46%;"></td><td style="width:54%;"></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #00000a;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:4px;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Table 2 - Non-Change in Control Qualifying Termination</font></div></td></tr><tr><td rowspan="2" style="vertical-align:middle;border-bottom:1px solid #00000a;background-color:#d9d9d9;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Participation Level</font></div></td><td style="vertical-align:middle;border-bottom:1px solid #00000a;background-color:#d9d9d9;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Severance Multiple</font></div></td></tr><tr><td style="vertical-align:middle;border-bottom:1px solid #00000a;background-color:#d9d9d9;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Base Salary plus Target Annual Incentive Award</font></div></td></tr><tr><td style="vertical-align:middle;border-bottom:1px solid #00000a;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Chief Executive Officer Level</font></div></td><td style="vertical-align:middle;border-bottom:1px solid #00000a;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">1.5</font></div></td></tr><tr><td style="vertical-align:middle;border-bottom:1px solid #00000a;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Executive Level (non-CEO)</font></div></td><td style="vertical-align:middle;border-bottom:1px solid #00000a;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #00000a;border-right:1px solid #00000a;border-top:1px solid #00000a;"><div style="text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">1</font></div></td></tr></table></div></div><div style="line-height:120%;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;"><br></font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;"><br></font></div></div>	</body>
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