<SEC-DOCUMENT>0001171843-15-000632.txt : 20150205
<SEC-HEADER>0001171843-15-000632.hdr.sgml : 20150205
<ACCEPTANCE-DATETIME>20150205160804
ACCESSION NUMBER:		0001171843-15-000632
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20150202
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:		20150205
DATE AS OF CHANGE:		20150205

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			3D SYSTEMS CORP
		CENTRAL INDEX KEY:			0000910638
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				954431352
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34220
		FILM NUMBER:		15580335

	BUSINESS ADDRESS:	
		STREET 1:		333 THREE D SYSTEMS CIRCLE
		CITY:			ROCK HILL
		STATE:			SC
		ZIP:			29730
		BUSINESS PHONE:		8033263900

	MAIL ADDRESS:	
		STREET 1:		333 THREE D SYSTEMS CIRCLE
		CITY:			ROCK HILL
		STATE:			SC
		ZIP:			29730

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	3 D SYSTEMS CORP
		DATE OF NAME CHANGE:	19930816
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>gff8k_020415.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<HR SIZE="3" NOSHADE ALIGN="CENTER" STYLE="width: 100%; color: #010101">

<HR SIZE="3" NOSHADE ALIGN="CENTER" STYLE="width: 100%; color: #010101">

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B><BR>
<B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM&nbsp;8-K</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Pursuant to Section&nbsp;13 or 15(d)&nbsp;of</B><BR>
<B>The Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report (Date of earliest event reported):&nbsp;
<B>February 2, 2015</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>3D SYSTEMS CORPORATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in
its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr>
    <td style="vertical-align: top; width: 34%; text-align: center"><font style="font-size: 10pt"><b>Delaware</b></font></td>
    <td style="vertical-align: bottom; width: 2%; text-align: center">&nbsp;</td>
    <td style="vertical-align: top; width: 31%; text-align: center"><font style="font-size: 10pt"><b>001-34220</b></font></td>
    <td style="vertical-align: bottom; width: 2%; text-align: center">&nbsp;</td>
    <td style="vertical-align: top; width: 31%; text-align: center"><font style="font-size: 10pt"><b>95-4431352</b></font></td></tr>
<tr>
    <td style="vertical-align: top; text-align: center"><font style="font-size: 10pt">(State or other jurisdiction</font></td>
    <td style="vertical-align: bottom; text-align: center">&nbsp;</td>
    <td style="vertical-align: top; text-align: center"><font style="font-size: 10pt">(Commission</font></td>
    <td style="vertical-align: bottom; text-align: center">&nbsp;</td>
    <td style="vertical-align: top; text-align: center"><font style="font-size: 10pt">(IRS Employer</font></td></tr>
<tr>
    <td style="vertical-align: top; text-align: center"><font style="font-size: 10pt">of incorporation)</font></td>
    <td style="vertical-align: bottom; text-align: center">&nbsp;</td>
    <td style="vertical-align: top; text-align: center"><font style="font-size: 10pt">File Number)</font></td>
    <td style="vertical-align: bottom; text-align: center">&nbsp;</td>
    <td style="vertical-align: top; text-align: center"><font style="font-size: 10pt">Identification No.)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<tr>
    <td style="vertical-align: top; width: 50%; text-align: center"><font style="font-size: 10pt"><b>333 Three D Systems Circle</b></font><br>
<font style="font-size: 10pt"><b>Rock Hill, South Carolina</b></font></td>
    <td style="vertical-align: bottom; width: 2%; text-align: center">&nbsp;</td>
    <td style="vertical-align: bottom; width: 48%; text-align: center"><font style="font-size: 10pt"><b>29730</b></font></td></tr>
<tr>
    <td style="vertical-align: top; text-align: center"><font style="font-size: 10pt">(Address of principal executive offices)</font></td>
    <td style="vertical-align: bottom; text-align: center">&nbsp;</td>
    <td style="vertical-align: top; text-align: center"><font style="font-size: 10pt">(Zip Code)</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Registrant&rsquo;s telephone number, including
area code:&nbsp;&nbsp; <B>(803) 326-3900</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>N/A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Former name or former address, if changed
since last report.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box below if the Form&nbsp;8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: left"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR
230.425)</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-indent: -20pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: left"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-indent: -20pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: left"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: left">Pre-commencement communications pursuant to Rule&nbsp;14d-2(b)&nbsp;under the Exchange
Act (17 CFR 240.14d-2(b))</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-indent: -20pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 15pt; text-align: left"><FONT STYLE="font-family: Wingdings">o</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Pre-commencement communications pursuant to Rule&nbsp;13e-4(c)&nbsp;under the Exchange
Act (17 CFR 240.13e-4(c))</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 20pt; text-indent: -20pt">&nbsp;</P>



<HR SIZE="3" NOSHADE ALIGN="CENTER" STYLE="width: 100%; color: #010101">

<HR SIZE="3" NOSHADE ALIGN="CENTER" STYLE="width: 100%; color: #010101">

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -1in"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: left">Item 5.02.</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(e) On February 3, 2015, the Board of Directors
of 3D Systems Corporation (the &ldquo;Corporation&rdquo;) adopted the Amended and Restated 2004 Incentive Stock Plan of 3D Systems
Corporation (the &ldquo;Amended Plan&rdquo;), which amends and restates the Amended and Restated 2004 Incentive Stock Plan of 3D
Systems Corporation (the &ldquo;Prior Plan&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Prior Plan authorized awards of restricted
stock and the grant of options to purchase the Corporation&rsquo;s common stock. The Amended Plan also authorizes the award of
restricted stock units and stock appreciation rights. The Amended Plan also provides that dividend equivalents may be granted with
restricted stock units; authorizes the payment of withholding taxes through share withholding or share exchange; and designates
additional measures that may be used for performance awards.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The foregoing description of the Amended
Plan is a summary only and is qualified in its entirety by reference to the Amended Plan itself, which is filed as Exhibit 10.1
to this report and the complete text of which is incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">On
February 2, 2015, the Compensation Committee of the Board of Directors of the Corporation adopted a Form of Restricted
Stock Unit Purchase Agreement and</FONT> <FONT STYLE="font: 10pt Times New Roman, Times, Serif">a revised Form of Restricted
Stock Purchase Agreement (together, the &ldquo;Award Agreements&rdquo;). Both of the Award Agreements provide that the
restricted stock or restricted stock units shall be forfeited, and all rights of the recipient with respect to such awards
shall terminate unless the recipient continues in the service of the Corporation or one of its subsidiaries or affiliates for
a period beginning on the date of the grant and ending on the earlier of the third anniversary of such date</FONT> <FONT STYLE="font: 10pt Times New Roman, Times, Serif">or
the date that the recipient&rsquo;s employment ends on account of death or disability. The Compensation Committee of
the Board of Directors may waive the vesting requirements in whole or in part,  for example, in connection with the
recipient&rsquo;s termination on account of death, disability or retirement. The Prior Plan and the Amended Plan both provide
for accelerated vesting of restricted stock and restricted stock units upon a change in control. </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The foregoing description of the Award Agreements
is a summary only and is qualified in its entirety by reference to the Award Agreements. The Form of Restricted Stock Unit Purchase
Agreement and the Form of Restricted Stock Purchase Agreement are filed as Exhibits 10.2 and 10.3, respectively, to this report
and the complete text of each is incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 55pt; text-align: left"><B>Item 9.01.</B></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><B>Financial Statements and Exhibits.</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(d) Exhibits.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 40.5pt">10.1</TD><TD>Amended and Restated 2004 Incentive Stock Plan of 3D Systems Corporation (as adopted February 3, 2015)</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 40.5pt">10.2</TD><TD>Form of Restricted Stock Unit Purchase Agreement</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 40.5pt">10.3</TD><TD>Form of Restricted Stock Purchase Agreement</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr>
    <td style="vertical-align: top; width: 47%; padding-right: 0.7pt">&nbsp;</td>
    <td style="vertical-align: bottom; width: 2%">&nbsp;</td>
    <td style="vertical-align: top; width: 51%; padding-right: 0.7pt">3D SYSTEMS CORPORATION</td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 0.7pt">Date: February 5, 2015</td>
    <td style="vertical-align: bottom; padding-right: 0.7pt">&nbsp;</td>
    <td style="vertical-align: top; padding-right: 0.7pt">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 0.7pt">&nbsp;</td>
    <td style="vertical-align: bottom; padding-right: 0.7pt"></td>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1.1pt solid; text-align: center">/s/&nbsp;&nbsp;&nbsp;&nbsp;<font style="text-transform: uppercase">ANDREW M. JOHNSON</font></td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 0.7pt">&nbsp;</td>
    <td style="vertical-align: bottom; padding-right: 0.7pt">&nbsp;</td>
    <td style="vertical-align: top; padding-right: 0.7pt; padding-bottom: 6pt; text-align: center">(Signature)</td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 0.7pt">&nbsp;</td>
    <td style="vertical-align: bottom; padding-right: 0.7pt">&nbsp;</td>
    <td style="vertical-align: top; padding-right: 0.7pt">Name: Andrew M. Johnson</td></tr>
<tr>
    <td style="vertical-align: top; padding-right: 0.7pt">&nbsp;</td>
    <td style="vertical-align: bottom; padding-right: 0.7pt">&nbsp;</td>
    <td style="vertical-align: top; padding-right: 0.7pt">Title: <i>Executive</i> <i>Vice President, Chief Legal Officer and Secretary</i></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1.1pt solid"><b>Exhibit No.</b></td>
    <td style="width: 2%">&nbsp;</td>
    <TD NOWRAP STYLE="width: 84%; border-bottom: Black 1.1pt solid"><b>Exhibit Description</b></td></tr>
<tr>
    <td style="vertical-align: top">&nbsp;</td>
    <td style="vertical-align: bottom">&nbsp;</td>
    <td style="vertical-align: top">&nbsp;</td></tr>
<tr>
    <td style="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">10.1</P></td>
    <td style="vertical-align: bottom">&nbsp;</td>
    <td style="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Amended and Restated 2004 Incentive Stock Plan of 3D
Systems Corporation (as adopted February 3, 2015)</P></td></tr>
<TR>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<tr>
    <TD STYLE="vertical-align: top; text-align: center">10.2</td>
    <td style="vertical-align: bottom">&nbsp;</td>
    <td style="vertical-align: top">Form of Restricted Stock Unit Purchase Agreement</td></tr>
<TR>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-align: center">10.3</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">Form of Restricted Stock Purchase Agreement</TD></TR>
</table>


<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>




</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>exh_101.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">EXHIBIT 10.1</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">AMENDED AND RESTATED 2004 INCENTIVE
STOCK PLAN</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">OF 3D SYSTEMS CORPORATION</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(As Amended and Restated Effective February
3, 2015)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;1. Purpose; Effective Date;
Definitions</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The purpose of the
3D Systems Corporation Amended and Restated 2004 Incentive Stock Plan (the &ldquo;<B>Plan</B>&rdquo;) is to assist the Company
and its Subsidiaries and Affiliates in attracting and retaining employees and consultants of outstanding competence by providing
an incentive that permits the persons responsible for the Company's growth to share directly in that growth and to further the
identity of their interests with the interests of the Company's stockholders. The Plan was originally established effective May
19, 2004. The Plan was subsequently amended effective May&nbsp;19, 2009. The Plan and underlying awards were adjusted to give effect
to the two-for-one stock split distributed May&nbsp;18, 2011 and the three-for-two stock split distributed February 22, 2013. The
Plan is further amended and restated effective February 3, 2015 to authorize the award of Restricted Stock Units and Stock Appreciation
Rights<I> </I>as defined hereunder and to otherwise meet current needs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For purposes of the
Plan, the following terms shall be defined as set forth below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify">&ldquo;<B>Affiliate</B>&rdquo; means any current or future entity other than the Company and its
Subsidiaries that is designated by the Board as a participating employer under the Plan.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify">&ldquo;<B>Award</B>&rdquo; means a grant of a Stock Option, Stock Appreciation Right, Restricted
Stock, Restricted Stock Unit or a Performance Award under the Plan.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify">&ldquo;<B>Award Agreement</B>&rdquo; means a written agreement between the Company and a Participant
or a written notice from the Company to a Participant specifically setting forth the terms and conditions of an Award granted under
the Plan.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify"><B>&ldquo;Beneficiary&rdquo;</B> means the person designated by the Participant prior to the Participant&rsquo;s
death in a form acceptable to the Committee to exercise Awards or receive benefits pursuant to the terms of this Plan. If no beneficiary
is designated by the Participant, the Beneficiary shall be the Participant&rsquo;s estate. <I> </I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify">&ldquo;<B>Board</B>&rdquo; means the Board of Directors of the Company.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(f)</TD><TD STYLE="text-align: justify">&ldquo;<B>Cause</B>&rdquo; means, but is not limited to, any of the following actions: embezzlement;
fraud; nonpayment of any obligation owed to the Company, a Subsidiary or an Affiliate; breach of fiduciary duty; deliberate disregard
of the Company's rules resulting in loss, damage or injury to the Company; unauthorized disclosure of any trade secret or confidential
information; conduct constituting unfair competition; and the inducement of any customer of the Company to breach a contract with
the Company. The determination of whether Cause exists shall be made in the Company's sole discretion.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(g)</TD><TD STYLE="text-align: justify">&ldquo;<B>Code</B>&rdquo; means the Internal Revenue Code of 1986, and the regulations promulgated
thereunder, as amended from time to time, and any successor thereto.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(h)</TD><TD STYLE="text-align: justify">&ldquo;<B>Committee</B>&rdquo; means the Committee referred to in Section&nbsp;2 of the Plan.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">&ldquo;<B>Common Stock</B>&rdquo; means the common stock, $0.001 par value per share, of the Company.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(j)</TD><TD STYLE="text-align: justify">&ldquo;<B>Company</B>&rdquo; means 3D Systems Corporation, a corporation organized under the laws
of the State of Delaware, or any successor corporation.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(k)</TD><TD STYLE="text-align: justify"><B>&ldquo;Covered Employee&rdquo;</B> means a &ldquo;covered employee&rdquo; within the meaning
of Code Section 162(m).</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(l)</TD><TD STYLE="text-align: justify">&ldquo;<B>Date of Grant</B>&rdquo; means the date as of which the Committee grants an Award. If
the Committee contemplates an immediate grant to a Participant, the Date of Grant shall be the date of the Committee&rsquo;s action.
If the Committee contemplates a date on which the grant is to be made other than the date of the Committee&rsquo;s action, the
Date of Grant shall be the date so contemplated and set forth in or determinable from the records of action of the Committee; <I>provided,
however</I>, that the Date of Grant shall not precede the date of the Committee&rsquo;s action.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(m)</TD><TD STYLE="text-align: justify">&ldquo;<B>Disability</B>&rdquo; means disability as determined under procedures established by
the Committee for purposes of this Plan.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(n)</TD><TD STYLE="text-align: justify">&ldquo;<B>Dividend Equivalent Account</B>&rdquo; means a bookkeeping account in accordance with
Section 18 and related to a grant of Restricted Stock Units that is credited with the amount of any ordinary cash dividends or
stock distributions that would be payable with respect to the shares of Common Stock subject to such Awards had such shares been
outstanding shares of Common Stock.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(o)</TD><TD STYLE="text-align: justify">&ldquo;<B>Exchange Act</B>&rdquo; means the Securities Exchange Act of 1934, as amended from time
to time, and any successor thereto.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(p)</TD><TD STYLE="text-align: justify">&ldquo;<B>Fair Market Value</B>&rdquo; means, as of any given date, unless otherwise determined
by the Committee in good faith, the closing price of the Common Stock on the principal stock exchange on which the Company's shares
are listed on such date.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(q)</TD><TD STYLE="text-align: justify">&ldquo;<B>Incentive Stock Option</B>&rdquo; means any Stock Option designated as an &ldquo;incentive
stock option&rdquo; within the meaning of Section&nbsp;422 of the Code. No Stock Option that is intended to be an Incentive Stock
Option shall be invalid for failure to qualify as an Incentive Stock Option.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(r)</TD><TD STYLE="text-align: justify">&ldquo;<B>Nonqualified Stock Option</B>&rdquo; means any Stock Option that is not an Incentive
Stock Option.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(s)</TD><TD STYLE="text-align: justify">&ldquo;<B>Participant</B>&rdquo; means an employee or consultant who receives an Award under this
Plan.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(t)</TD><TD STYLE="text-align: justify">&ldquo;<B>Performance Award</B>&rdquo; means an Award under Section&nbsp;8 that is based on the
level of attainment of performance goals related to objective business criteria.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(u)</TD><TD STYLE="text-align: justify">&ldquo;<B>Person</B>&rdquo; means &ldquo;person&rdquo; as defined in Section&nbsp;3(a)(9) of the
Exchange Act and as used in Sections 13(d) and 14(d) thereof, including a &ldquo;group&rdquo; as defined in Section&nbsp;13(d)
of the Exchange Act but excluding the Company, any Subsidiary or any Affiliate, and any employee benefit plan sponsored or maintained
by the Company or any Subsidiary or Affiliate (including any trustee of such plan acting in the capacity of trustee).</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(v)</TD><TD STYLE="text-align: justify">&ldquo;<B>Plan</B>&rdquo; means this 3D Systems Corporation Amended and Restated 2004 Incentive
Stock Plan, and any successor thereto, as amended from time to time.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(w)</TD><TD STYLE="text-align: justify">&ldquo;<B>Plan Year</B>&rdquo; shall mean the calendar year.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(x)</TD><TD STYLE="text-align: justify">&ldquo;<B>Restricted Stock</B>&rdquo; means shares of Common Stock subject to restrictions imposed
in connection with an Award granted under Section 7.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(y)</TD><TD STYLE="text-align: justify">&ldquo;<B>Restricted Stock Unit</B>&rdquo; means a notional bookkeeping entry representing the
equivalent of a share of Common Stock, subject to restrictions imposed in connection with an Award granted under Section 7.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(z)</TD><TD STYLE="text-align: justify">&ldquo;<B>Retirement</B>&rdquo; means the Termination of the Participant on or after the Participant&rsquo;s
attainment of age 65.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(aa)</TD><TD STYLE="text-align: justify">&ldquo;<B>Section 409A</B>&rdquo; means Section 409A of the Code.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(bb)</TD><TD STYLE="text-align: justify"><B>&ldquo;Stock Appreciation Right&rdquo;</B> or <B>&ldquo;SAR&rdquo;</B> means a right granted
under Section 6 to receive payment, in cash and/or Common Stock, equal in value to the excess of the Fair Market Value of the specified
number of shares of Common Stock on the date the Stock Appreciation Right is exercised over the grant price of the Stock Appreciation
Right, as determined by the Committee in the Award Agreement.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(cc)</TD><TD STYLE="text-align: justify">&ldquo;<B>Stock Option</B>&rdquo; or &ldquo;<B>Option</B>&rdquo; means any option to purchase shares
of Common Stock (including Restricted Stock, if the Committee so determines) granted pursuant to Section&nbsp;5.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(dd)</TD><TD STYLE="text-align: justify">&ldquo;<B>Subsidiary</B>&rdquo; means those corporations fifty percent (50%) or more of whose outstanding
voting stock is owned or controlled, directly or indirectly, by the Company and those partnerships and joint ventures in which
the Company owns directly or indirectly a fifty percent (50%) or more interest in the capital account or earnings.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(ee)</TD><TD STYLE="text-align: justify"><B>&ldquo;Termination&rdquo;</B> means the complete cessation of services with the Company, a Subsidiary,
or an Affiliate with no anticipated resumption of services by the Company, a Subsidiary, or an Affiliate in the capacity as an
employee or independent contractor.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;2. Administration</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Plan shall be administered
by the Compensation Committee, or a subcommittee thereof (the &ldquo;Committee&rdquo;), which consists of two or more members of
the Board, each of whom shall be both a &ldquo;Non-Employee Director,&rdquo; as that term is defined in Rule&nbsp;16b-3(b)(3)(i)
of the Exchange Act, and an &ldquo;outside director&rdquo; within the meaning of Section&nbsp;162(m) of the Code, but the failure
of a Committee member to satisfy such requirements shall not affect any actions taken by the Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Committee shall
have full authority to grant, pursuant to the terms of the Plan, Awards to employees and consultants eligible under Section&nbsp;4.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In particular the Committee
shall have the authority, without limitation:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">to select the employees and consultants to whom Awards may be granted hereunder, separately or
in tandem, from time to time;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">subject to the provisions of Sections 3 and 9, to determine the number of shares of Common Stock
to be covered by each such Award granted hereunder;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">to determine the terms and conditions, not inconsistent with the terms of the Plan, of any Award
granted hereunder, which terms and conditions are not required to be the same in respect of each Participant;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(iv)</TD><TD STYLE="text-align: justify">to designate the Corporate Secretary of the Company, other officers or employees of the Company
or competent professional advisors to assist the Committee in the administration of the Plan, and to grant authority to such persons
to execute agreements or other documents on its behalf;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(v)</TD><TD STYLE="text-align: justify">as it pertains to Awards granted to employees and consultants residing in foreign jurisdictions,
to adopt such supplements or subplans to the Plan as may be necessary or appropriate to comply with the applicable laws of such
foreign jurisdictions and to afford Participants favorable treatment under such laws;;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(vi)</TD><TD STYLE="text-align: justify">to approve forms of agreements for use under the Plan;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(vii)</TD><TD STYLE="text-align: justify">to correct administrative errors; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in; text-align: right"></TD><TD STYLE="width: 0.5in">(viii)</TD><TD STYLE="text-align: justify">to allow Participants to satisfy Withholding Tax Obligations as such manner as may
be determined by the Committee in accordance with the terms of the Plan.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Committee shall
have the authority to adopt, alter, and repeal such rules, guidelines and practices governing the Plan as it shall, from time to
time, deem advisable; to interpret the terms and provisions of the Plan and any Award issued under the Plan (and any Award Agreement
relating thereto); and to otherwise supervise the administration of the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">All decisions made
by the Committee pursuant to the provisions of the Plan shall be made in the Committee's sole discretion and shall be final and
binding on all persons, including the Company and Participants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Committee may delegate
to officers of the Company its duties, powers, and authority under this Plan pursuant to such conditions and limitations as the
Committee may establish, except that only the Committee may administer the Plan and Awards to Participants who are subject to Section
16 of the Securities Exchange Act of 1934 or to officers who are or reasonably may become Covered Employees. In the event of such
delegation of authority, any reference in this Plan to Committee shall be to the officer(s) to whom the Committee has delegated
authority to administer the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Company agrees
to indemnify and to defend to the fullest extent permitted by law each member of the Committee against all liabilities, damages,
costs and expenses (including attorney&rsquo;s fees and amounts paid in settlement of any claims approved by the Company) occasioned
by any act or omission to act in connection with the Plan or any Award Agreement, if such act or omission is in good faith and
not due to willful misconduct or gross negligence. The foregoing right of indemnification shall not be exclusive of any other rights
of indemnification to which such persons may be entitled under the Company&rsquo;s Articles of Incorporation, Bylaws, by contract,
as a matter of law, or otherwise, or under any power that the Company may have to indemnify them or hold them harmless. <B><I>
</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;3. Common Stock Subject
to Plan</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><I>Number of Shares Available for Award.</I> Effective February&nbsp;22, 2013, the total number
of shares of Common Stock reserved and available for distribution under the Plan shall be six million (6,000,000) shares.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"></TD><TD STYLE="text-align: justify">If any Award is cancelled, forfeited, expires or otherwise terminates without the issuance or delivery
of nonforfeitable shares of Common Stock, or if any Award is settled for cash or otherwise does not result in the issuance of all
or a portion of the shares of Common Stock subject to such Award, then the shares of Common Stock subject to the Award shall, to
the extent of such cancellation, forfeiture, expiration, termination, cash settlement or non-issuance, again be available for issuance
under the Plan.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"></TD><TD STYLE="text-align: justify">In the event of any change in the outstanding shares of Common Stock or other securities then subject
to the Plan by reason of any stock split, reverse stock split, stock dividend, recapitalization, merger, consolidation, combination
or exchange of shares or other similar corporate change, or if the outstanding securities of the class then subject to the Plan
are exchanged for or converted into cash, property or a different kind of security, or if cash, property or securities are distributed
in respect of such outstanding securities (other than a regular cash dividend), then, unless the terms of such transaction shall
provide otherwise, such equitable adjustments shall be made in the Plan and the Awards thereunder (including, without limitation,
appropriate and proportionate adjustments in (i)&nbsp;the number and type of shares or other securities that may be acquired pursuant
to Awards theretofore granted under the Plan; (ii)&nbsp;the maximum number and type of shares or other securities that may be issued
pursuant to Awards thereafter granted under the Plan; (iii)&nbsp;the number of shares of Restricted Stock and shares of Common
Stock under Restricted Stock Units that are outstanding and the terms thereof; and (iv)&nbsp;the maximum number of shares or other
securities with respect to which Awards may thereafter be granted to any Participant in any Plan Year) as the Committee determines
are necessary or appropriate, including, if necessary, any adjustment in the maximum number of shares of Common Stock available
for distribution under the Plan as set forth in this Section&nbsp;3. Such adjustments shall be conclusive and binding for all purposes
of the Plan.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">In the event that (i) any Stock
Option granted under the Plan is exercised through the tendering of shares of Common Stock (either actually or by attestation)
or by the withholding of shares of Common Stock by the Company or (ii) withholding tax liabilities resulting from an Award are
satisfied by the withholding of shares of Common Stock, then the number of shares tendered or withheld shall not be available for
future grants of Awards. If Common Stock is issued in settlement of a Stock Appreciation Right, the number of shares of Common
Stock available under the Plan shall be reduced by the number of shares of Common Stock for which the Stock Appreciation Right
is exercised rather than the number of shares of Common Stock issued in settlement of the Stock Appreciation Right.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"></TD><TD STYLE="text-align: justify"></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 6; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><I>Limitation on Shares Subject to Stock Options.</I> Subject to adjustment from time to time pursuant
to Section&nbsp;3(a) above, not more than one-hundred thousand (100,000) shares of Common Stock, in the aggregate, may be made
subject to Stock Options or Stock Appreciation Rights under the Plan in respect of any one Participant during any Plan Year.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;4. Eligibility</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Any person who is an
employee of or consultant to the Company, a Subsidiary or an Affiliate shall be eligible to be considered for the grant of an Award
under the Plan other than an Incentive Stock Option. Any person who is a common law employee of the Company shall be eligible to
be considered for the grant of an Incentive Stock Option.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each Award granted
under the Plan shall be evidenced by a written Award Agreement in such form as the Committee shall approve from time to time. Award
Agreements shall comply with the terms and conditions of the Plan. In the case of an Incentive Stock Option, the Award Agreement
shall contain all of the required provisions and otherwise conform to the requirements under Code Section 422. Award Agreements
may be evidenced by an electronic transmission (including an e-mail or reference to a website) sent to the Participant. As a condition
to receiving an Award, the Committee may require the proposed Participant to affirmatively accept the Award and agree to the terms
and conditions set forth in the Award Agreement by physically and/or electronically executing the Award Agreement or by otherwise
physically and/or electronically acknowledging acceptance and agreement. With or without such affirmative acceptance, however,
the Committee may prescribe conditions (including the exercise or attempted exercise of any benefit conferred by the Award) under
which the proposed Participant may be deemed to have accepted the Award and agreed to the terms and conditions set forth in the
Award Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;5. Stock Options</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Stock Options granted
under the Plan may be of two types:&nbsp;Incentive Stock Options that, in addition to being subject to applicable terms, conditions
and limitations established by the Committee, comply with Section 422 of the Code and Nonqualified Stock Options. Any Stock Option
shall be in such form as the Committee may from time to time approve; shall be subject to the following terms and conditions; and
shall contain such additional terms and conditions, not inconsistent with the terms of the Plan, that are set forth in the Award
Agreement as the Committee shall deem desirable:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Page; Sequence: 7; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><I>Exercise Price.</I> The exercise price per share of Common Stock purchasable under a Stock Option
shall be determined by the Committee on the Date of Grant but shall be not less than one hundred percent (100%) of the Fair Market
Value of the Common Stock on the Date of the Grant, <I>provided, however</I>, that the exercise price per share of Common Stock
purchasable under an Incentive Stock Option that is granted to an individual who, on the Date of Grant, owns or is deemed to own
stock possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Company or any of
its Subsidiaries, shall not be less than one hundred and ten percent (110%) of the Fair Market Value of the Common Stock on the
Date of Grant. Except as provided in Section 3, without the approval of shareholders (i) the Committee may not reduce, adjust or
amend the exercise price of an outstanding Stock Option, whether through amendment, cancellation, replacement grant or any other
means and (ii) no payment may be made to cancel an outstanding Stock Option if on the date of such amendment, cancellation, replacement
grant or payment the exercise price exceeds Fair Market Value.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><I>Option Term and Exercisability.</I> The term of each Stock Option shall be fixed by the Committee,
but no Stock Option shall be exercisable more than ten (10)&nbsp;years after the Date of Grant; <I>provided, however</I>, that
no Incentive Stock Option that is granted to an individual who, on the Date of Grant, owns or is deemed to own Common Stock possessing
more than ten percent (10%) of the total combined voting power of all classes of stock of the Company or any of its Subsidiaries,
shall be exercisable more than five (5)&nbsp;years after the Date of Grant of such Incentive Stock Option. Stock Options shall
be exercisable at such time or times and subject to such terms and conditions as shall be determined by the Committee and set forth
in the applicable Award Agreement.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><I>Method of Exercise.</I> Stock Options may be exercised in whole or in part subject to the terms
of the applicable Award Agreement by giving written notice of exercise to the Company, or its designated representative, specifying
the number of shares to be purchased.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"></TD><TD STYLE="text-align: justify">Such notice shall be accompanied by payment in full of the exercise price by check, note or such
other instrument as the Committee may accept and, in the case of Nonstatutory Stock Options, payment in full of the Withholding
Tax Obligation. As determined by the Committee, in its sole discretion, payment of the exercise price in full or in part also may
be made through (a) a &ldquo;cashless exercise&rdquo; (which will be conducted in a manner acceptable to the Company through a
third party broker, and otherwise in compliance with Section&nbsp;402 of the Sarbanes-Oxley Act) or in which the exercise price
(and any interest thereon) is subtracted from the number of shares of Common Stock received by the Participant upon exercise of
the Stock Option (based on the Fair Market Value of the Common Stock on the date the Option is exercised); or (b) the surrender
of other Common Stock which (i) in the case of Common Stock acquired upon the exercise of an Award, has been owned by the Participant
for more than six months on the date of surrender; and (ii) has a Fair Market Value on the date of surrender that, together with
any cash paid, is equal to the aggregate exercise price of the Common Stock as to which said Stock Option shall be exercised.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 8; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"></TD><TD STYLE="text-align: justify">No shares of Common Stock shall be issued until full payment has been made. No Participant shall
have interest in or be entitled to voting rights or dividends or other rights or privileges of stockholders of the Company with
respect to shares of Common Stock granted pursuant to the Plan unless, and until, shares of Common Stock actually are issued to
such person and then only from the date such person becomes the record owner thereof and, if requested, has given the representation
described in Section&nbsp;15.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify"><I>Termination by Reason of Death or Disability.</I> Except as otherwise expressly approved by
the Committee and set forth in the applicable Award Agreement, if a Participant has a Termination of employment by or service with
the Company, a Subsidiary or an Affiliate by reason of death or Disability, any Stock Option held by such Participant thereafter
may be exercised by the Participant or the Participant&rsquo;s Beneficiary in the case of death, for the number of shares that
the Participant was eligible to exercise on the date of Termination, until the expiration of twelve (12)&nbsp;months after the
date of such Termination, provided such Stock Option was exercisable on such date of Termination, but no later than the expiration
date of the Stock Option.<I> </I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify"><I>Termination by the Company without Cause, Retirement, Resignation.</I> Except as otherwise expressly
approved by the Committee and set forth in the applicable Award Agreement, if a Participant has a Termination of employment by
or service with the Company, a Subsidiary or an Affiliate (other than as provided in subsection (d)&nbsp;above) by the Company
without Cause, by reason of Retirement, or on account of voluntary resignation provided that it is determined by the Committee
that Cause did not exist as of the time of resignation, any Stock Option held by such Participant thereafter may be exercised,
for the number of shares that the Participant was eligible to exercise on the date of Termination, until the expiration of ninety
(90)&nbsp;days after the date of such Termination, provided such Stock Option was exercisable on such date of Termination, but
no later than the expiration date of the Stock Option.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(f)</TD><TD STYLE="text-align: justify"><I>Other Termination.</I> Unless otherwise determined by the Committee, if a Participant's employment
by or service with the Company, a Subsidiary or an Affiliate is terminated for any reason other than as specified in subsections
(d)&nbsp;and (e)&nbsp;above, including Termination with Cause, any unexercised Stock Option granted to such Participant shall be
cancelled on the date of such termination, whether or not exercisable on such date.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 9; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(g)</TD><TD STYLE="text-align: justify"><I>Incentive Stock Options.</I> Anything in the Plan to the contrary notwithstanding, no term of
this Plan relating to Incentive Stock Options shall be interpreted, amended or altered, nor shall any discretion or authority granted
under the Plan be so exercised, without the consent of the Participant(s) affected, to disqualify any Incentive Stock Option under
Section&nbsp;422 of the Code. If an Incentive Stock Option is exercised other than in accordance with the exercise periods that
apply for purposes of Section&nbsp;422 of the Code or if the aggregate Fair Market Value of the Common Stock with respect to which
the Incentive Stock Options are exercisable for the first time during any calendar year (under all plans of the Company and any
Subsidiary) exceeds U.S. $100,000, such Stock Option thereafter will be treated as a Nonqualified Stock Option, notwithstanding
the &ldquo;Incentive Stock Option&rdquo; designation in the Award Agreement.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;6. Stock Appreciation Rights</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Committee may,
in its discretion, grant a Stock Appreciation Right either singly or in combination with an underlying Stock Option granted hereunder.
Such Stock Appreciation Right shall be subject to the following terms and conditions and such other terms and conditions as the
Committee may prescribe in the Award Agreement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><I>Exercise Price.</I> The exercise price per share of Common Stock under a Stock Appreciation
Right shall be determined by the Committee on the Date of Grant but shall be not less than the greater of (a) one hundred percent
(100%) of the Fair Market Value of the Common Stock on the Date of the Grant or (b) the exercise price per share of Common Stock
purchasable under a underlying Stock Option with respect to which the Stock Appreciation Right is granted. Except as provided in
Section 3, without the approval of shareholders (i) the Committee may not reduce, adjust or amend the exercise price of an outstanding
Stock Appreciation Right, whether through amendment, cancellation, replacement grant or any other means and (ii) no payment may
be made to cancel an outstanding Stock Appreciation Right if on the date of such amendment, cancellation, replacement grant or
payment the exercise price exceeds Fair Market Value.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><I>Time and Period of Grant.</I> If a Stock Appreciation Right is granted with respect to an underlying
Stock Option, it must be granted at the time of the Stock Option grant. If a Stock Appreciation Right is granted with respect to
an underlying Stock Option, at the time the Stock Appreciation Right is granted, the Committee may limit the exercise period for
such Stock Appreciation Right, after which period the Stock Appreciation Right shall not be exercisable. In no event shall the
exercise period for a Stock Appreciation Right granted with respect to an underlying Stock Option exceed the exercise period for
such Stock Option. If a Stock Appreciation Right is granted without an underlying Stock Option, the Stock Appreciation Right shall
be exercisable at such time or times and subject to such terms and conditions as shall be determined by the Committee and set forth
in the applicable Award Agreement but the Stock Appreciation Right shall not be exercisable more than ten years after its Date
of Grant. No Stock Appreciation Right may provide that, upon the exercise of the Stock Appreciation Right, a new Stock Appreciation
Right automatically will be granted.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 10; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><I>Value of Stock Appreciation Right. </I>If a Stock Appreciation Right is granted with respect
to an underlying Stock Option, the grantee will be entitled to surrender the Stock Option which is then exercisable and receive
in exchange therefore and on account of the exercise of the Stock Appreciation Right an amount equal to the excess of the Fair
Market Value of the Common Stock on the date the election to surrender is received by the Committee in accordance with exercise
procedures established by the Committee over the Stock Appreciation Right exercise price (the &ldquo;Spread&rdquo;) multiplied
by the number of shares covered by the Stock Option which is surrendered. If a Stock Appreciation Right is granted without an underlying
Stock Option, the grantee will receive upon exercise of the Stock Appreciation Right the Spread multiplied by the number of shares
covered by the grant of the Stock Appreciation Right. Notwithstanding the foregoing, at the time it grants a Stock Appreciation
Right, the Committee, in its sole discretion, may provide that the Spread covered by such Stock Appreciation Right may not exceed
a specified amount. At the Committee&rsquo;s discretion, the amount payable as a result of the exercise of a Stock Appreciation
Right may be settled in cash, Common Stock or a combination of cash and Common Stock. A fractional share shall not be deliverable
upon the exercise of a Stock Appreciation Right but a cash payment will be made in lieu thereof.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify"><I>Method of Exercise.</I> Stock Appreciation Rights may be exercised in whole or in part subject
to the terms of the applicable Award Agreement by giving written notice of exercise to the Company, or its designated representative,
specifying the number of shares that are subject to exercise.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"></TD><TD STYLE="text-align: justify">No Participant shall have interest in or be entitled to voting rights or dividends or other rights
or privileges of stockholders of the Company with respect to shares of Common Stock subject to a Stock Appreciation Right unless,
and until, shares of Common Stock actually are issued to such person and then only from the date such person becomes the record
owner thereof and, if requested, has given the representation described in Section&nbsp;15.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 11; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify"><I>Termination by Reason of Death or Disability.</I> Except as otherwise expressly approved by
the Committee and set forth in the applicable Award Agreement, if a Participant has a Termination of employment by or service with
the Company, a Subsidiary or an Affiliate by reason of death or Disability, any Stock Appreciation Right held by such Participant
thereafter may be exercised by the Participant or the Participant&rsquo;s Beneficiary in the case of death, for the number of shares
that the Participant was eligible to exercise, until the expiration of twelve (12)&nbsp;months after the date of such Termination,
provided such Stock Appreciation Right was exercisable on such date of Termination, but no later than the expiration date of the
Stock Option.<I> </I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(f)</TD><TD STYLE="text-align: justify"><I>Termination by the Company without Cause, Retirement, Resignation.</I> Except as otherwise expressly
approved by the Committee and set forth in the applicable Award Agreement, if a Participant has a Termination of employment by
or service with the Company, a Subsidiary or an Affiliate (other than as provided in subsection (e)&nbsp;above) by the Company
without Cause, by reason of Retirement, or on account of voluntary resignation provided that it is determined by the Committee
that Cause did not exist as of the time of resignation, any Stock Appreciation Right held by such Participant thereafter may be
exercised, for the number of shares that the Participant was eligible to exercise on the date of Termination, until the expiration
of ninety (90)&nbsp;days after the date of such Termination, provided such Stock Appreciation Right was exercisable on such date
of Termination, but no later than the expiration date of the Stock Appreciation Right.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(g)</TD><TD STYLE="text-align: justify"><I>Other Termination.</I> Unless otherwise determined by the Committee, if a Participant's employment
by or service with the Company, a Subsidiary or an Affiliate is terminated for any reason other than as specified in subsections
(e)&nbsp;and (f)&nbsp;above, including Termination with Cause, any unexercised Stock Appreciation Right granted to such Participant
shall be cancelled on the date of such termination, whether or not exercisable on such date.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B></B></P>

<!-- Field: Page; Sequence: 12; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section 7. Restricted Stock and Restricted
Stock Units </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><I>Grant of Restricted Stock and Restricted Stock Units.</I> The Committee may grant to any Participant
one or more Awards of Restricted Stock or Restricted Stock Units on such terms and subject to such conditions as may be established
by the Committee that are set forth in the Award Agreement. Restricted Stock or Restricted Stock Units may be granted subject to
such restrictions and provisions, whether based on performance standards, periods of service, retention by the Participant of ownership
of specified shares of Common Stock or other criteria, not inconsistent with the terms of this Plan, as may be established by the
Committee. Each Award of Restricted Stock or Restricted Stock Units may be subject to a different restricted period and additional
restrictions; however, a Participant&rsquo;s Restricted Stock or Restricted Stock Unit Award shall not be contingent on any payment
by or consideration from the Participant other than the rendering of services, except as the Committee may otherwise expressly
determine. Neither Restricted Stock nor Restricted Stock Units may be sold, transferred, assigned, pledged or otherwise encumbered
or disposed of during the restricted period or prior to the satisfaction of any other applicable restrictions.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><I>Recordkeeping of Award; Lapse of Restrictions.</I> As soon as practicable after the Date of
Grant of Restricted Stock or a Restricted Stock Unit by the Committee, the Company shall:</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">for Restricted Stock Awards,<I> </I>cause to be transferred on the books of the Company or its
agent, shares of Common Stock, registered on behalf of the Participant, evidencing the Restricted Stock covered by the Award, subject
to forfeiture to the Company as of the Date of Grant if an Award Agreement with respect to the Restricted Stock covered by the
Award is not duly executed by the Participant and timely returned to the Company. Until the lapse or release of the restrictions
applicable to the shares subject to an Award of Restricted Stock, the share certificates representing such Restricted Stock may
be held in custody by the Company or its designee, in physical or book entry form, or, if the certificates bear a restrictive legend,
by the Participant. Upon the lapse or release of all restrictions with respect to an Award as described in Section 7(e)(i), one
or more share certificates, registered in the name of the Participant, for an appropriate number of shares as provided in Section
7(e)(i), free of any restrictions set forth in the Plan and the related Award Agreement, or a statement from the Company representing
such shares in book entry form free of any restrictions set forth in the Plan and the related Award Agreement, shall be delivered
to the Participant as provided in Section 7(e);</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 13; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">for Restricted Stock Unit Awards, cause to be entered upon its books a notional account for the
Participant&rsquo;s benefit indicating the number of Restricted Stock Units awarded, subject to forfeiture as of the Date of Grant
if an Award Agreement with respect to the Restricted Stock Units covered by the Award is not duly executed by the Participant and
timely returned to the Company. Until the lapse or release of the restrictions applicable to the shares subject to a Restricted
Stock Unit Award, no shares of Common Stock shall be issued in respect of such Awards and, as further described in Section 7(d),
no Participant shall have any rights as a stockholder of the Company with respect to the shares of Common Stock covered by such
Restricted Stock Unit Award.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><I>Rights of Holders of Restricted Stock.</I> Beginning on the Date of Grant of a Restricted Stock
Award and subject to execution of the related Award Agreement as provided in Section 7(b)(i), and except as otherwise provided
in such Award Agreement, the Participant shall become a stockholder of the Company with respect to all shares subject to a Restricted
Stock Award Agreement and shall have all of the rights of a stockholder, including, but not limited to, the right to vote such
shares and the right to receive dividends; <I>provided, however</I>, that any shares of Common Stock or other securities distributed
as a dividend or otherwise with respect to any Restricted Stock as to which the restrictions have not yet lapsed, shall be subject
to the same restrictions as such Restricted Stock and held or restricted as provided in Section 7(b)(i), and provided further that
for any such Restricted Stock that are part of a Performance Award any such dividends shall be earned by the Participant only when
and to the extent the underlying Award is earned.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify"><I>Rights of Holders of Restricted Stock Units</I>.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify"><I>Settlement of Restricted Stock Units</I>. Restricted Stock Units may be settled in cash or Common
Stock, as determined by the Committee and set forth in the Award Agreement. The Award Agreement shall also set forth whether the
Restricted Stock Units shall be settled (1)&nbsp;within the time period specified for &ldquo;short-term deferrals&rdquo; under
Section 409A or (2)&nbsp;in compliance with the requirements of Section&nbsp;409A, in which case the Award Agreement shall specify
the date (or event) upon which such Restricted Stock Units shall be settled.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify"><I>Voting and Dividend Rights</I>. Holders of Restricted Stock Units shall not have rights as stockholders
of the Company with respect to the shares of Common Stock covered by such Restricted Stock Unit Award, including the right to vote
such shares and the right to receive dividends; <I>provided, however</I>, that the Committee may, in its sole discretion, award
a Participant dividend equivalents with respect to a Restricted Stock Unit Award in accordance with Section 18 of the Plan.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 14; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify"><I>Creditor&rsquo;s Rights</I>. A holder of Restricted Stock Units shall have no rights other than
those of a general creditor of the Company. Restricted Stock Units represent an unfunded and unsecured obligation of the Company,
subject to the terms and conditions of the applicable Award Agreement.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD STYLE="text-align: justify"><I>Delivery of Award</I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 72pt"></TD><TD STYLE="width: 30pt">(i)</TD><TD STYLE="text-align: justify"><I>Restricted Stock</I>. Upon expiration or earlier termination of the restricted period without
a forfeiture and the satisfaction of or release from any other conditions prescribed by the Committee, or at such earlier time
as provided under Section 7(g), the restrictions applicable to the Restricted Stock shall lapse. As promptly as administratively
feasible thereafter, subject to the requirements of Section 13 (regarding tax withholding), the Company shall deliver to the Participant
or, in case of the Participant&rsquo;s death, to the Participant&rsquo;s Beneficiary, one or more share certificates for the appropriate
number of shares of Common Stock, or a statement from the Company representing that such shares have been issued, are in book entry
form and are free of all such restrictions, except for any restrictions that may be imposed by law.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 72pt"></TD><TD STYLE="width: 30pt">(ii)</TD><TD STYLE="text-align: justify"><I>Restricted Stock Units.</I> Upon expiration or earlier termination of the restricted period
without a forfeiture and the satisfaction of or release from any other conditions prescribed by the Committee, or at such earlier
time as provided under Section 7(g), the restrictions applicable to the Restricted Stock Units shall lapse. As promptly as administratively
feasible thereafter, subject to the requirements of Section 13 (regarding tax withholding), but no later than ninety (90) days
following such event the Company shall deliver to the Participant or, in case of the Participant&rsquo;s death, to the Participant&rsquo;s
Beneficiary, (1) a cash payment equal to the number of Restricted Stock Units as to which such restrictions have lapsed multiplied
by the Fair Market Value of a share of Common Stock as of the date the restrictions lapsed, (2) solely in the Committee&rsquo;s
discretion, one or more share certificates registered in the name of the Participant, for the appropriate number of shares of Common
Stock, or a statement from the Company representing that such shares have been issued, are in book entry form and are free of all
restrictions, except for any restrictions that may be imposed by law, or (3) any combination of cash and shares of Common Stock.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 15; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(f)</TD><TD STYLE="text-align: justify"><I>Forfeiture</I>. Restricted Stock shall be forfeited and returned to the Company, and Restricted
Stock Units shall be forfeited, and all rights of the Participant with respect to such Restricted Stock or Restricted Stock Units
shall terminate unless the Participant continues in the service of the Company, a Subsidiary or an Affiliate until the expiration
of the restricted period for such Restricted Stock or Restricted Stock Unit Award and satisfies any and all other conditions set
forth in the Award Agreement. The Committee shall determine the restricted period (which may, but need not, lapse in installments)
and any other terms and conditions applicable with respect to any Restricted Stock or Restricted Stock Unit Award, which shall
be set forth in the Award Agreement.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(g)</TD><TD STYLE="text-align: justify"><I>Committee Discretion</I>. Notwithstanding anything contained in this Section 7 to the contrary,
the Committee may, in its sole discretion, waive the forfeiture period and any other conditions set forth in any Award Agreement
under appropriate circumstances (including, but not limited to, the death, Disability or Retirement of the Participant or a material
change in circumstances arising after the date of an Award) and subject to such terms and conditions (including forfeiture of a
proportionate number of the Restricted Stock or Restricted Stock Units) as the Committee shall deem appropriate.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 16; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;8. Performance Awards</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><I>Performance Goals.</I> Notwithstanding anything else contained in the Plan to the contrary,
the Committee may determine on the Date of Grant, that any Restricted Stock or Restricted Stock Unit granted to an officer who
is or may become subject to the reporting requirements of Section&nbsp;17(a) of the Exchange Act, as amended, <I>and</I> whose
compensation is subject to the limitation on deductibility of compensation under Section&nbsp;162(m) of the Code, shall be a Performance
Award and shall vest only upon the determination by the Committee that performance goals established by the Committee have been
attained, in whole or in part. Such performance goals, the business criteria upon which they are based, and the weights or other
formulas to be applied to any such business criteria shall be set forth in writing by the Committee not later than ninety (90)&nbsp;days
after the start of each Plan Year; <I>provided, however</I>, that if the performance goals are to be measured over a period shorter
than the Plan Year, the above items are to be set forth in writing by the Committee before twenty-five percent (25%) of the measurement
period has elapsed. The relevant business criteria include, either individually or in combination, applied to the Participant or
to the Company, a Subsidiary or an Affiliate as a whole or to individual units thereof, and measured either absolutely or relative
to a designated group of comparable companies: (i)&nbsp;cash flow, (ii)&nbsp;earnings per share, (iii)&nbsp;earnings before interest,
taxes, depreciation, and amortization (EBITDA), (iv)&nbsp;return on equity, (v)&nbsp;total stockholder return, (vi)&nbsp;return
on capital, (vii)&nbsp;return on assets or net assets, (viii)&nbsp;revenue, (ix)&nbsp;income or net income, (x)&nbsp;operating
income or net operating income, (xi)&nbsp;operating profit or net operating profit, (xii)&nbsp;operating margin, (xiii)&nbsp;return
on operating revenue, (xiv) customer satisfaction, (xv) market share, (xvi) expenses, (xvii) credit rating, (xviii) mergers and
acquisitions or divestitures, (xix) product development, (xx) intellectual property, (xxi) manufacturing, production or inventory,
(xxii) price/earnings ratio, (xxiii) liquidity, (xxiv) financings, (xxv) cash, (xxvi) cost of goods sold, (xxvii) economic value
added, (xxviii) accounts receivable, (xxix) number of customers and (xxx) gross profit margin.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><I>Maximum Performance Award.</I> The maximum, aggregate amount that can be awarded to any one
Participant pursuant to Performance Awards in one (1)&nbsp;Plan Year is one million dollars ($1,000,000).</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><I>Interpretation.</I> If a Performance Award is intended to constitute &ldquo;performance-based
compensation&rdquo; under Section 162(m) of the Code, the Performance Award shall be designed, interpreted and administered consistent
with such intent. In that regard, any discretion exercised by the Committee with respect to the vesting of the Performance Award
may reduce, but may not increase, the amount earned based on attainment of the applicable pre-established, objective performance
goals.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 17; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;9. Change in Control</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding any
other provision of the Plan, in the event that</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in; text-align: right"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">the Company is merged into or consolidated with another corporation or other entity
and as a result of such merger or consolidation less than seventy percent (70%) of the combined voting power of the outstanding
voting securities of the surviving or resulting corporation or other entity shall, after giving effect to such merger or consolidation,
be &ldquo;beneficially owned&rdquo; (within the meaning of Sections 13(d) and 14(d) of Exchange Act) in the aggregate, directly
or indirectly, by the former stockholders of the Company (excluding from such computation any such securities beneficially owned,
directly or indirectly, by &ldquo;affiliates&rdquo; of the Company as defined in Rule&nbsp;12b-2 under the Exchange Act and such
securities so beneficially owned, directly or indirectly, by a party to such merger or consolidation),</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in; text-align: right"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">the Company shall sell all or substantially all of its assets to any other person
or entity (other than a wholly-owned subsidiary),</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in; text-align: right"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">any &ldquo;person&rdquo; is or becomes the &ldquo;beneficial owner&rdquo; (as the
terms &ldquo;person&rdquo; and &ldquo;beneficial owner&rdquo; are used in Sections 13(d) and 14(d) of the Exchange Act), directly
or indirectly, of securities of the Company representing thirty percent (30%) or more of the combined voting power of the Company's
then outstanding securities,</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in; text-align: right"></TD><TD STYLE="width: 0.5in">(iv)</TD><TD STYLE="text-align: justify">as a result of any solicitation subject to Rule&nbsp;14a-11 under the Exchange Act
(or any successor rule thereto) one or more persons not recommended by or opposed for election to the Board by one-third or more
of the directors of the Company then in office is or are elected a director of the Company, or</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in; text-align: right"></TD><TD STYLE="width: 0.5in">(v)</TD><TD STYLE="text-align: justify">the Company shall become subject for any reason to a voluntary or involuntary dissolution
or liquidation,</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">then, in any such event,
as of the close of business at the principal executive office of the Company on the business day immediately preceding the date
on which such event occurs, for purposes of the Plan and to the extent that the provisions of the Plan remain applicable to shares
granted under the Plan,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in; text-align: right"></TD><TD STYLE="width: 0.5in">(x)</TD><TD STYLE="text-align: justify">Stock Options and Stock Appreciation Rights granted under the Plan, to the extent
not already vested, shall immediately vest and become exercisable;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in; text-align: right"></TD><TD STYLE="width: 0.5in">(y)</TD><TD STYLE="text-align: justify">the restrictions provided for in Section&nbsp;7 of the Plan with respect to Restricted
Stock and Restricted Stock Units shall without further act expire and cease to apply; and</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<!-- Field: Page; Sequence: 18; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in; text-align: right"></TD><TD STYLE="width: 0.5in">(z)</TD><TD STYLE="text-align: justify">the performance goals to which the vesting of Performance Awards are subject shall
be deemed to be met at target, such that Performance Awards immediately become fully vested.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;10. Transferability; Successors</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Awards granted under
the Plan may not be sold, pledged, assigned, hypothecated, transferred or disposed of in any manner other than by will or the laws
of descent or distribution and may be exercised, during the lifetime of the Participant, only by the Participant. Any act in violation
of this Section 10 shall be void. Notwithstanding the foregoing, the Committee may permit further transferability of Awards other
than Incentive Stock Options, on a general or specific basis, and may impose conditions and limitations on any permitted transferability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The provisions of the
Plan shall be binding upon and inure to the benefit of all successors of any person receiving Common Stock of the Corporation pursuant
to the Plan, including, without limitation, the estate of such person and the executors, administrators or trustees thereof, the
heirs and legatees of such person, and any receiver, trustee in bankruptcy or representative of creditors of such person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;11. Amendments and Termination</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Board may amend,
alter or discontinue the Plan at any time, provided that (i)&nbsp;no amendment, alteration or discontinuation shall be made which
would materially impair the rights of a Participant in respect of any outstanding Award hereunder without such Participant's prior
consent; and (ii)&nbsp;an amendment shall be contingent on approval of the Company&rsquo;s stockholders to the extent stated by
the Committee or required by applicable law or stock exchange listing requirements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Subject to the above
provisions, the Board shall have broad authority to amend the Plan to take in to account changes in applicable securities and tax
laws and accounting rules, as well as other developments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;12. Company's Right to
Terminate Retention; Exclusivity</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Nothing contained in
the Plan shall prevent the Board from adopting other or additional compensation arrangements or modifying existing compensation
arrangements for Participants, subject to stockholder approval if such approval is required by applicable statute, rule or regulation;
and such arrangements either may be generally applicable or applicable only in specific cases. Neither the adoption of the Plan
nor a grant to a Participant of any Award shall confer upon any Participant any right to continued employment or service with the
Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 19; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;13. Tax Withholding</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Company shall have
the power and the right to deduct or withhold, or require a Participant to remit to the Company, an amount sufficient to satisfy
federal, state, local or other applicable taxes (including the Participant&rsquo;s FICA obligation or other social taxes) required
by law to be withheld (collectively, the &ldquo;Withholding Tax Obligation&rdquo;) (i)&nbsp;with respect to the vesting of or other
lapse of restrictions applicable to an Award, (ii)&nbsp;upon the exercise of a Stock Option or Stock Appreciation Right, or (iii)&nbsp;otherwise
due in connection with an Award.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">At the time of such
vesting, lapse, or exercise, the Participant shall pay to the Company any amount that the Company may reasonably determine to be
necessary to satisfy the Withholding Tax Obligation. The Committee, in its sole discretion and pursuant to such procedures as it
may specify from time to time, may permit the Participant to elect to satisfy the Withholding Tax Obligation, in whole or in part,
by (a) paying the Company cash; (b) having the Company withhold shares of Common Stock having a Fair Market Value on the date the
tax is to be determined equal to the minimum statutory total tax which could be imposed on the transaction; and/or (c) tendering
previously acquired, unencumbered shares of Common Stock having an aggregate Fair Market Value equal to the minimum statutory total
tax which could be imposed on the transaction. All such elections shall be irrevocable, made in writing (including by electronic
mail), and shall be subject to any restrictions or limitations that the Committee, in its sole discretion, deems appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If the Participant
fails to make an election with respect to the method by which the Withholding Tax Obligation shall be satisfied or fails to pay
the Withholding Tax Obligation, in whole or in part, by means of the elected method, the Company may cause the Withholding Tax
Obligation to be satisfied by the Company withholding shares of Common Stock otherwise deliverable in connection with the Award
that have a Fair Market Value on the date the tax is to be determined equal to the minimum statutory total tax that could be imposed
on the transaction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;14. Choice of Law</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Plan and all Awards
made and actions taken thereunder shall be governed by and construed in accordance with the laws of the State of Delaware.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;15. Governmental and Other
Regulations and Restrictions</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><I>In General.</I> The issuance by the Company of any shares of Common Stock pursuant to the Plan
shall be subject to all applicable laws, rules and regulations and to such approvals by governmental agencies as may be required.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 20; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><I>Registration of Shares.</I> The Company shall use its reasonable commercial efforts to cause
the shares of Common Stock issuable in connection with this Plan to be registered under the Securities Act of 1933, as amended
(the &ldquo;<B>Securities Act</B>&rdquo;), but shall otherwise be under no obligation to register any shares of Common Stock issued
under the Plan under the Securities Act or otherwise. If, at the time any shares of Common Stock are issued pursuant to the Plan,
there shall not be on file with the Securities and Exchange Commission an effective Registration Statement under the Securities
Act covering such shares of Common Stock, the Participant to whom such shares are to be issued will execute and deliver to the
Company upon receipt by him or her of any such shares an undertaking, in form and substance satisfactory to the Company, that (i)&nbsp;such
Participant has had access or will, by reason of such person's employment or service with the Company, or otherwise, have access
to sufficient information concerning the Company to enable him or her to evaluate the merits and risks of the acquisition of shares
of the Company's Common Stock pursuant to the Plan, (ii)&nbsp;such Participant has such knowledge and experience in financial and
business matters that such person is capable of evaluating such acquisition, (iii)&nbsp;it is the intention of such Participant
to acquire and hold such shares for investment and not for the resale or distribution thereof, (iv)&nbsp;such Participant will
comply with the Securities Act and the Exchange Act with respect to such shares, and (v)&nbsp;such Participant will indemnify the
Company for any cost, liability and expense that the Company may sustain by reason of any violation of the Securities Act or the
Exchange Act occasioned by any act or omission on his or her part with respect to such shares.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><I>Resale of Shares.</I> Without limiting the generality of Section&nbsp;10, shares of Common Stock
acquired pursuant to the Plan shall not be sold, transferred or otherwise disposed of unless and until (i)&nbsp;such shares shall
have been registered by the Company under the Securities Act, (ii)&nbsp;the Company shall have received either a &ldquo;no action&rdquo;
letter from the Securities and Exchange Commission or an opinion of counsel acceptable to the Company to the effect that such sale,
transfer or other disposition of the shares may be effected without such registration, or (iii)&nbsp;such sale, transfer or disposition
of the shares is made pursuant to Rule&nbsp;144 of the General Rules and Regulations promulgated under the Securities Act, as the
same may from time to time be in effect, and the Company shall have received an opinion of counsel acceptable to the Company to
such effect.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify"><I>Legend on Certificates.</I> The Company may require that any certificate evidencing shares issued
pursuant to the Plan bear a restrictive legend and be subject to stop-transfer orders or other actions, intended to effect compliance
with the Securities Act or any other applicable regulatory measure.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 21; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section&nbsp;16. Election With Respect
to Restricted Property</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">A Participant who receives an award
of Restricted Stock including Restricted Stock granted as a Performance Award (but not Restricted Stock Units) shall be entitled
to make, at his or her discretion, within thirty (30)&nbsp;days of receipt of such restricted property and in accordance with applicable
laws and regulations, the election provided for under Section&nbsp;83(b) of the Code to be taxed on the fair market value of such
restricted property at the time it is received.&#9; Participants should consult their individual tax advisors as to the tax consequences
to them of the election under Section&nbsp;83(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section 17. Section 409A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Plan is intended
to provide either stock-based compensation that is not governed by Section 409A or for the deferral of compensation pursuant to
a nonqualified deferred compensation plan that complies with the requirements of Section 409A. With respect to any Awards granted
under this Plan that provide for the deferral of compensation that is governed by Section 409A, the Plan shall be interpreted in
a manner consistent with Section 409A and in the event that any provision that is necessary for the Plan to comply with Section
409A is determined by the Committee, in its sole discretion, to have been omitted, such omitted provision shall be deemed included
herein and is hereby incorporated as part of the Plan. Any payments described in the Plan that are due within the &ldquo;short-term
deferral period&rdquo; as defined in Section 409A shall not be treated as deferred compensation unless applicable laws require
otherwise. Notwithstanding anything to the contrary in the Plan, to the extent required to avoid accelerated taxation and tax penalties
under Section 409A, amounts that would otherwise be payable and benefits that would otherwise be provided pursuant to the Plan
during the six (6) month period immediately following the Participant&rsquo;s &ldquo;separation from service&rdquo; as defined
in Section 409A shall instead be paid on the first payroll date after the six-month anniversary of the Participant&rsquo;s &ldquo;separation
from service&rdquo; (or the Participant&rsquo;s death, if earlier). In addition, and notwithstanding any provision of the Plan
to the contrary, the Company reserves the right to amend the Plan or any Award granted under the Plan, by action of the Committee,
without the consent of any affected Participant, to the extent deemed necessary or appropriate for purposes of maintaining compliance
with Section 409A and the regulations promulgated thereunder. Notwithstanding the foregoing, neither the Company nor the Committee
shall have any obligation to take any action to prevent the assessment of any excise tax or penalty on any Participant under Section
409A and neither the Company nor the Committee will have any liability to any Participant for such tax or penalty.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Section 18. Dividend Equivalents </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For any Restricted
Stock Units granted under the Plan, the Committee shall have the discretion, upon the Date of Grant or thereafter, to provide for
the payment of dividend equivalents to the Participant in connection with such Award or to establish a Dividend Equivalent Account
with respect to the Award, and the applicable Award Agreement or an amendment thereto shall confirm the terms of such arrangement.
For purposes of payment of dividend equivalents or settlement of any Dividend Equivalent Account, the amount to be paid or otherwise
settled (if expressed in cash) shall be rounded to the nearest cent ($0.01). If a Dividend Equivalent Account is established, the
following terms shall apply:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Page; Sequence: 22; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD STYLE="text-align: justify">Dividend Equivalent Accounts shall be subject to such terms and conditions as the Committee shall
determine and as shall be set forth in the applicable Award Agreement. Such terms and conditions may include, without limitation,
for the Participant&rsquo;s Account to be credited as of the record date of each cash dividend on the Common Stock with an amount
(expressed either in cash or shares of Common Stock of equivalent Fair Market Value) equal to the cash dividends which would be
paid with respect to the number of shares of Common Stock then covered by the related Award if such shares of Common Stock had
been owned of record by the Participant on such record date.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD STYLE="text-align: justify">Dividend Equivalent Accounts shall be established and maintained only on the books and records
of the Company and no assets or funds of the Company shall be set aside, placed in trust, removed from the claims of the Company&rsquo;s
general creditors, or otherwise made available until such amounts are actually payable as provided hereunder.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD STYLE="text-align: justify">Dividend equivalents credited to a Dividend Equivalent Account with respect to any Performance
Award shall be earned by the Participant only to the extent the underlying Award is earned.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(iv)</TD><TD STYLE="text-align: justify">Notwithstanding the foregoing, the right to any dividends or dividend equivalents declared and
paid on the number of shares underlying the Award may not be contingent, directly or indirectly, on the exercise of the Award,
and any Award providing a right to dividend equivalents must comply with or qualify for an exemption from Section 409A.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Section 19. Term of Plan</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Plan, as amended
and restated herein, shall be effective upon its approval by the Board. It shall continue in effect until May 18, 2019. Awards
granted on or before that date shall remain valid in accordance with their terms, notwithstanding the expiration of the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">-23-</P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 4pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"></P>



<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>exh_102.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">EXHIBIT 10.2</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>



<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">RESTRICTED STOCK UNIT PURCHASE AGREEMENT</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">AGREEMENT dated as of [Grant Date] between
3D SYSTEMS CORPORATION, a Delaware corporation (the &ldquo;Company&rdquo;), and [Name of Recipient] (the &ldquo;Participant&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Amended and Restated 2004 Incentive
Stock Plan (the &ldquo;Plan&rdquo;) of 3D Systems Corporation is designed to assist the Company and its subsidiaries and affiliates
in attracting and retaining employees and consultants of outstanding competence by providing an incentive that permits the persons
responsible for the Company&rsquo;s growth to share directly in that growth and to further the identity of their interests with
the interests of the Company&rsquo;s stockholders. The Participant is eligible to receive an Award of Restricted Stock Units (&ldquo;Restricted
Stock Units&rdquo;), each unit of which is a notional bookkeeping entry representing the equivalent of a share of Common Stock
under Section&nbsp;7 of the Plan. All terms used in this Agreement that are defined in the Plan have the same meaning given to
them in the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">NOW, THEREFORE, the Company and the Participant
mutually agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 1. Restricted Stock Units
Issue Price</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Subject to the terms and conditions hereinafter
set forth, the Company hereby grants to the Participant and the Participant accepts from the Company [Number of Units] Restricted
Stock Units for an issue price of $1.00 per unit (the &ldquo;Issue Price&rdquo;), receipt of which the Company hereby acknowledges.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">Section 2. Terms and Conditions
of Plan</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Participant agrees that all Restricted
Stock Units issued pursuant to this Agreement shall be held in accordance with the terms and conditions of the Plan. The authority
of the Company to enter into this Agreement and to issue Restricted Stock Units pursuant hereto is derived exclusively from the
Plan. If any terms or conditions of this Agreement conflict with any terms or conditions of the Plan, the terms and conditions
of the Plan shall control. Any capitalized terms not defined herein shall have the meaning assigned to such term in the Plan. The
Participant acknowledges that a copy of the Plan has been made available to the Participant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 3. Restriction on Transfer</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Except as permitted in Section 10 of the
Plan, no Restricted Stock Units issued pursuant to this Agreement, or any interest therein, shall be sold, transferred, pledged,
encumbered or otherwise disposed of by the Participant so long as the Participant shall remain a Participant of the Company, except
that such restrictions may expire earlier as provided by Section&nbsp;9 of the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 4. Forfeiture and Period
of Restriction</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)&#9;Restricted Stock Units shall be forfeited,
and all rights of the Participant with respect to such Restricted Stock Units shall terminate unless the Participant continues
in the service of the Company, a Subsidiary or an Affiliate for a period beginning on the date of the grant and ending on the earlier
of the third anniversary of such date or the date that the Participant&rsquo;s employment ends on account of death or Disability,
and satisfies any and all other conditions set forth in this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)&#9;Notwithstanding anything contained
in Section 7 of the Plan to the contrary, the Compensation Committee of the Board of Directors of the Company (the &ldquo;Committee&rdquo;)
may, in its sole discretion, waive the forfeiture period and any other conditions set forth in this Agreement under appropriate
circumstances (including, but not limited to, the death, Disability or Retirement of the Participant or a material change in circumstances
arising after the date of an Award) and subject to such terms and conditions (including forfeiture of a proportionate number of
the Restricted Stock Units) as the Committee shall deem appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(c)&#9;In the event Restricted Stock Units
are forfeited, the Company will repay the Participant the Issue Price for each Restricted Stock Unit in a single cash payment made
no later than sixty (60) days after the date the Restricted Stock Units are forfeited.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0; text-indent: 0in">Section 5. Settlement of Restricted
Stock Units</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Upon expiration or earlier termination of
the restricted period provided in Section 4 above without a forfeiture and the satisfaction of or release from any other conditions
set forth in this Agreement, or at such earlier time as provided under Section 4(b) above, the restrictions applicable to the Restricted
Stock Units shall lapse. As promptly as administratively feasible thereafter, subject to the requirements of Section 15 of this
Agreement and Section 13 of the Plan (regarding tax withholding), but no later than sixty (60) days following such event, the Company
shall deliver to the Participant or, in case of the Participant&rsquo;s death, to the Participant&rsquo;s Beneficiary, (1) a cash
payment equal to the number of Restricted Stock Units as to which such restrictions have lapsed multiplied by the Fair Market Value
of a share of Common Stock as of the date the restrictions lapsed, (2) solely in the Committee&rsquo;s discretion, one or more
share certificates registered in the name of the Participant, for the appropriate number of shares of Common Stock, or a statement
from the Company representing that such shares have been issued, are in book entry form and are free of all restrictions, except
for any restrictions that may be imposed by law, or (3) any combination of cash and shares of Common Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 6. Undertakings of Participant</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Participant represents and agrees that
he or she will comply with the Securities Act of 1933, as amended (the &ldquo;Securities Act&rdquo;), and the Securities Exchange
Act of 1934, as amended (the &ldquo;Securities Exchange Act&rdquo;), with respect to such shares, and he or she will indemnify
the Company for any costs, liabilities and expenses that it may sustain by reason of any violation of the Securities Act or the
Securities Exchange Act caused by any act or omission on his or her part with respect to such shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 7. Non-Competition</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In consideration of the issuance of the
Restricted Stock Units awarded to the Participant pursuant to this Agreement and the opportunity to earn the shares of Common Stock
underlying the Restricted Stock Units, and the mutual covenants and agreements contained herein, the receipt and sufficiency of
which are hereby acknowledged, the Participant agrees as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The parties understand and agree that the
purpose of the restrictions contained in this Section 7 are to protect the goodwill and other legitimate business interests of
the Company, and that the Company would not have entered into this Agreement in the absence of such restrictions. Participant acknowledges
and agrees that the restrictions contained in this Section 7 are reasonable and do not, and will not, unduly impair Participant&rsquo;s
ability to earn a living after the Participant&rsquo;s separation of employment from the Company for any reason. Participant understands
that the Company is a global company and engages in business throughout the United States and across the world. The provisions
of this Section 7 shall survive the expiration or sooner termination of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(a)</TD><TD>Except as provided in Section 7(d) below, Participant agrees that, during the term of Participant&rsquo;s employment with the
Company and for a period of eighteen (18) months following separation of Participant&rsquo;s employment with the Company (such
period, the &ldquo;Restricted Period&rdquo;), including termination by the Company for cause or without cause, Participant will
not, directly or indirectly, own any interest in, develop, manage, control, participate in, consult, render services, organize,
or in any manner engage (whether as an officer, director, employee, independent contractor, partner, member, joint venturer, agent,
representative, or otherwise, but in each instance, in a role similar to or the same as, or with any of the same or similar duties
and responsibilities as, any position or services held or rendered by Participant on behalf of Company during Participant&rsquo;s
employment with the Company) in any activity or enterprise providing three dimensional (&ldquo;3D&rdquo;) or additive manufacturing
content-to-print solutions, including 3D printers, print materials, on-demand custom parts services and 3D authoring solutions
for professionals and consumers (the &ldquo;Business of Company&rdquo;) anywhere in the United States. The Company and the Participant
each intends that the covenants of this Section 7(a) shall be deemed to be a series of separate covenants, one for each county
or province of each and every state, and one for each month of the time periods covered by such covenants.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(b)</TD><TD>If, during the enforcement of any or all of the covenants and provisions set forth in this Section 7, any court of competent
jurisdiction or arbitrator enters a final judgment that declares that the duration, scope, or area restrictions stated herein are
unreasonable under circumstances then existing, are invalid, or are otherwise unenforceable, then the parties hereto agree that
the maximum enforceable duration, scope, or area reasonable under such circumstances shall be substituted for the stated duration,
scope, or area, and that the court or arbitrator making the determination of invalidity or unenforceability shall have the power
to revise the scope, duration, or area of the term or provision, to delete specific words or phrases, or to replace any invalid
or unenforceable term or provision with a term or provision that is valid and enforceable and that comes the closest to expressing
the intention of the invalid or unenforceable term or provision, and this Agreement shall be enforceable as so modified to cover
the maximum duration, scope, or area permitted by Law.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(c)</TD><TD>Participant agrees that in the event a court of competent jurisdiction or arbitrator declares that there has been a breach
by Participant of this Section 7, the term of any such covenant so breached shall be automatically extended for the period of time
of the violation from the date on which such breach ceases or from the date of the entry by an arbitrator or court of competent
jurisdiction of a final non-appealable order enforcing such covenant, whichever is later.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(d)</TD><TD>Notwithstanding the terms of this Section 7 the Participant shall not be prohibited from (i) being a beneficial owner of not
more than five percent (5%) of the outstanding stock of any class of person which is publicly traded and which enterprise is competitive
with the Business of the Company, so long as Participant has no active participation in the business of such person or (ii) serving
as a director or advisor to any non-profit organization or governmental entity.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(e)</TD><TD>The Participant acknowledges and agrees that the Company and its direct and indirect subsidiaries are expressly intended to
be third-party beneficiaries of the provisions of this Agreement and that any assignees of the Company that are permitted by this
Agreement are authorized to enforce the provisions of this Agreement.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><B>Section 8. Registration of Shares</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Company shall use its reasonable commercial
efforts to cause the shares of Common Stock issuable in connection with the Plan to be registered under the Securities Act of 1933,
as amended (the &ldquo;Securities Act&rdquo;), but shall otherwise be under no obligation to register any shares of Common Stock
issued under the Plan under the Securities Act or otherwise. If, at the time any shares of Common Stock are issued pursuant to
the Plan, there shall not be on file with the Securities and Exchange Commission an effective Registration Statement under the
Securities Act covering such shares of Common Stock, the Participant to whom such shares are to be issued will execute and deliver
to the Company upon receipt by him or her of any such shares an undertaking, in form and substance satisfactory to the Company,
that (i)&nbsp;such Participant has had access or will, by reason of such person&rsquo;s employment or service with the Company,
or otherwise, have access to sufficient information concerning the Company to enable him or her to evaluate the merits and risks
of the acquisition of shares of the Company&rsquo;s Common Stock pursuant to the Plan, (ii)&nbsp;such Participant has such knowledge
and experience in financial and business matters that such person is capable of evaluating such acquisition, (iii)&nbsp;it is the
intention of such Participant to acquire and hold such shares for investment and not for the resale or distribution thereof, (iv)&nbsp;such
Participant will comply with the Securities Act and the Exchange Act with respect to such shares, and (v)&nbsp;such Participant
will indemnify the Company for any cost, liability and expense that the Company may sustain by reason of any violation of the Securities
Act or the Exchange Act occasioned by any act or omission on his or her part with respect to such shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"></P>

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><B>Section 9. Rights of Holders of Restricted
Stock Units</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Until the lapse or release of the restrictions applicable to the shares subject to a Restricted Stock Unit, no shares of
Common Stock shall be issued in respect of such Restricted Stock Units. Holders of Restricted Stock Units shall not have rights
as stockholders of the Company, with respect to the shares of Common Stock covered by such Restricted Stock Units or otherwise,
and shall not have the right to vote such shares or the right to receive dividends until, and then to the extent that, shares of
Common Stock are issued in settlement of the Restricted Stock Units.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>A holder of Restricted Stock Units shall have no rights other than those of a general creditor of the Company. Restricted
Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 10. Restrictive Legends
and Stop-Transfer Instructions.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">Certificates
evidencing shares of Common Stock issued pursuant to Restricted Stock Units may bear such restrictive legends and /or appropriate
stop-transfer instructions may be issued to the Company&rsquo;s transfer agent as the Company and the Company&rsquo;s counsel deem
necessary under applicable law or pursuant to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 11. Notices</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Any notice that either party hereto may
be required or permitted to give to the other shall be in writing and, except as otherwise required herein, may be delivered personally
or by mail to the Company at 333 Three&nbsp;D Systems Circle, Rock&nbsp;Hill, South Carolina 29730, attention of the Secretary
of the Company, or to the Participant at the address set forth below or at such other address as either party may designate by
notice to the other.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><B>Section 12. Adjustments</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The number of Restricted Stock Units and
the terms of this Agreement shall be subject to adjustment in accordance with Section&nbsp;3(a) of the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><B>Section 13. Successors</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The provisions of the Plan shall be binding
upon and inure to the benefit of all successors of any person receiving Common Stock of the Corporation pursuant to the Plan, including,
without limitation, the estate of such person and the executors, administrators or trustees thereof, the heirs and legatees of
such person, and any receiver, trustee in bankruptcy or representative of creditors of such person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 14.&nbsp;&nbsp;Company&rsquo;s
Right to Terminate Retention; Exclusivity</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Nothing contained in the Plan shall prevent
the Board from adopting other or additional compensation arrangements or modifying existing compensation arrangements for Participants,
subject to stockholder approval if such approval is required by applicable statute, rule or regulation; and such arrangements either
may be generally applicable or applicable only in specific cases. Neither the adoption of the Plan nor the issuance of the Restricted
Stock Units shall confer upon the Participant any right to continued employment or service with the Company, a Subsidiary or an
Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 15. Payment of Withholding
Tax</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Participant undertakes to comply with
any appropriate requests that may be made by the Company in respect of the withholding of any federal, state or local taxes and
any other charges that may be required by law to be withheld by reason of a grant or the issuance of shares of Common Stock pursuant
to the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 16. Applicable Law</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This Agreement shall be governed and construed
in accordance with the laws of the State of Delaware.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><B>Section 17. Severability</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If any provision of this Agreement is held
to be illegal, void or unenforceable for any reason, it shall be adjusted rather than voided, if possible, in order to achieve
the intent of the parties to the extent possible. In any event, all other provisions of this Agreement shall be deemed valid and
enforceable to the fullest extent possible.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Page; Sequence: 6; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">IN WITNESS WHEREOF, the parties have caused
this Agreement to be duly executed pursuant to due authorization, all as of the day and year first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">3D SYSTEMS CORPORATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">By: __________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">[Name]&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">Executive Vice President, Chief
Legal Officer and Secretary</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">PARTICIPANT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;__________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">[Name of Recipient]&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">[Address]&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">[City, State or Province, Postal
Code, and Country]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Participant hereby designates ___________________________
to be the beneficiary of the Restricted Stock Units awarded pursuant to this Agreement, to the extent that the restrictions set
forth in Section 4 of this Agreement relating to such Restricted Stock Units have not yet lapsed at the time of Participant&rsquo;s
death.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center">-7-</P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 4pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0; margin-bottom: 0; text-align: center"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>exh_103.htm
<DESCRIPTION>EXHIBIT 10.3
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">EXHIBIT 10.3</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>



<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">RESTRICTED STOCK PURCHASE AGREEMENT</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">AGREEMENT dated as of [Grant Date] between
3D SYSTEMS CORPORATION, a Delaware corporation (the &quot;Company&quot;), and [Name of Recipient] (the &quot;Participant&quot;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Amended and Restated 2004 Incentive
Stock Plan (the &quot;Plan&quot;) of 3D Systems Corporation is designed to assist the Company and its subsidiaries and affiliates
in attracting and retaining employees and consultants of outstanding competence by providing an incentive that permits the persons
responsible for the Company's growth to share directly in that growth and to further the identity of their interests with the interests
of the Company's stockholders. The Participant is eligible to receive grants of shares of the Company&rsquo;s common stock, $0.001
par value per share (&ldquo;Common Stock&rdquo;) under Section 7 of the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">NOW, THEREFORE, the Company and the Participant
mutually agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 1. Award of Restricted
Stock</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Subject to the terms and conditions hereinafter
set forth, the Company hereby sells to the Participant and the Participant purchases from the Company [Number of Shares] shares
of Common Stock for a purchase price of $1.00 per share (the &quot;Issue Price&quot;), receipt of which the Company hereby acknowledges.
The Participant will receive evidence of ownership of such shares of Common Stock within a reasonable time after execution of this
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">Section 2. Terms and Conditions
of Plan</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Participant agrees that all shares of
Common Stock issued pursuant to this Agreement shall be held in accordance with the terms and conditions of the Plan. The authority
of the Company to enter into this Agreement and to issue shares of Common Stock pursuant hereto is derived exclusively from the
Plan. If any terms or conditions of this Agreement conflict with any terms or conditions of the Plan, the terms and conditions
of the Plan shall control. The Participant acknowledges that a copy of the Plan has been made available to the Participant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 3. Restriction on Transfer</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Until the restrictions in Section 4 of this
Agreement lapse and except as permitted by Section 4 and 5 of this Agreement and Section 10 of thePlan, no shares of Common Stock
issued pursuant to this Agreement, or any interest therein, shall be sold, transferred, pledged, encumbered or otherwise disposed
of by the Participant so long as the Participant shall remain a Participant of the Company, except that such restrictions may expire
earlier as provided by Section 9 of the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 4. Forfeiture, Repurchase
Option and Period of Restriction</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in; text-align: right"></TD><TD STYLE="width: 0.25in">(a)</TD><TD STYLE="text-align: left">The Restricted Stock shall be forfeited and all rights of the Participant with respect
to such Restricted Stock shall terminate unless the Participant continues in the service of the Company, a Subsidiary or an Affiliate
for a period beginning on the date of the grant and ending on the earlier of the third anniversary of such date or the date that
the Participant&rsquo;s employment ends on account of death or Disability, and satisfies any and all other conditions set forth
in this Agreement.&rdquo;For a period beginning on the date of the grant and ending on the third anniversary of such date or the
date specified in paragraph (b) below, whichever is later, the Common Stock underlying such award shall be subject to an option
in favor of the Company to repurchase at a price per share equal to the Issue Price. The option of the Company only shall become
exercisable upon the termination of employment or service of the Participant with the Company, a Subsidiary or an Affiliate, other
than by reason of death or Disability. Notwithstanding anything contained in Section 7 of the Plan to the contrary, the Compensation
Committee of the Board of Directors of the Company (the &ldquo;Committee&rdquo;) may, in its sole discretion, waive the forfeiture
period and any other conditions set forth in this Agreement under appropriate circumstances (including, but not limited to, the
death, Disability or Retirement of the Participant or a material change in circumstances arising after the date of an Award) and
subject to such terms and conditions (including forfeiture of a proportionate number of the shares under the Restricted Stock
Award) as the Committee shall deem appropriate.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in; text-align: right"></TD><TD STYLE="width: 0.25in">(b)</TD><TD STYLE="text-align: left">Notwithstanding anything in the Plan or herein to the contrary, in the case of a Participant
who terminates employment or service within 120 days or less before the third anniversary of the grant date, the option of the
Company to repurchase the Restricted Stock shall not expire until 120 days after the date of such termination.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in; text-align: right"></TD><TD STYLE="width: 0.25in">(c)</TD><TD STYLE="text-align: left">The decision to exercise any such repurchase option as to all or part of the Common
Stock subject thereto shall be made by the Committee and communicated to the Chief Executive Officer or other appropriate officer
of the Company authorized to take any action necessary to effectuate such decision.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in; text-align: right"></TD><TD STYLE="width: 0.25in">(d)</TD><TD STYLE="text-align: left">Neither the Common Stock underlying an award of Restricted Stock nor any interest
therein shall be sold, transferred or encumbered until such repurchase option expires.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 5. Exercise of the Repurchase
Option</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Company shall exercise its option to
repurchase the Common Stock underlying a grant of Restricted Stock, in whole or part, by sending written notice to the Participant
at the address specified by the Participant for such purpose no later than 120 days after the Participant's termination of employment
or service. The notice shall set forth all necessary information to instruct the Participant in respect of endorsing and returning
to the Company a stock power authorizing the transfer and return of such Common Stock, including the date on which such stock power
should be returned. Written notice also may be delivered in person to the Participant, at any location, provided that such delivery
occurs no later than 120 days after the Participant's termination of employment or service. The Participant or any successor in
interest with respect to such Common Stock shall have no further rights as a stockholder of the Company from and after the date
specified in the notice. If the stock power is duly delivered in accordance with the written notice, the Company promptly shall
send the Participant a check in repayment of the Issue Price. If the stock power is not so delivered, the Company shall advise
its transfer agent to cancel such shares issued to the Participant under this Agreement and return such shares to the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 6. Undertakings of Participant</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Participant represents and agrees that
he or she will comply with the Securities Act of 1933, as amended (the &quot;Securities Act&quot;), and the Securities Exchange
Act of 1934, as amended (the &quot;Securities Exchange Act&quot;), with respect to such shares, and he or she will indemnify the
Company for any costs, liabilities and expenses that it may sustain by reason of any violation of the Securities Act or the Securities
Exchange Act caused by any act or omission on his or her part with respect to such shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 7. Non-Competition</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In consideration of the Common Stock underlying
the Restricted Stock awarded to the Participant pursuant to this Agreement, and the mutual covenants and agreements contained herein,
the receipt and sufficiency of which are hereby acknowledged, the Participant agrees as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The parties understand and agree that the
purpose of the restrictions contained in this Section 7 are to protect the goodwill and other legitimate business interests of
the Company, and that the Company would not have entered into this Agreement in the absence of such restrictions. Participant acknowledges
and agrees that the restrictions contained in this Section 7 are reasonable and do not, and will not, unduly impair Participant&rsquo;s
ability to earn a living after the Participant&rsquo;s separation of employment from the Company for any reason. Participant understands
that the Company is a global company and engages in business throughout the United States and across the world. The provisions
of this Section 7 shall survive the expiration or sooner termination of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(a)</TD><TD>Except as provided in Section 7(d) below, Participant agrees that, during the term of Participant&rsquo;s employment with the
Company and for a period of eighteen (18) months following separation of Participant&rsquo;s employment with the Company (such
period, the &ldquo;Restricted Period&rdquo;), including termination by the Company for cause or without cause, Participant will
not, directly or indirectly, own any interest in, develop, manage, control, participate in, consult, render services, organize,
or in any manner engage (whether as an officer, director, employee, independent contractor, partner, member, joint venturer, agent,
representative, or otherwise, but in each instance, in a role similar to or the same as, or with any of the same or similar duties
and responsibilities as, any position or services held or rendered by Participant on behalf of Company during Participant&rsquo;s
employment with the Company) in any activity or enterprise providing three dimensional (&ldquo;3D&rdquo;) or additive manufacturing
content-to-print solutions, including 3D printers, print materials, on-demand custom parts services and 3D authoring solutions
for professionals and consumers (the &ldquo;Business of Company&rdquo;) anywhere in the United States. The Company and the Participant
each intends that the covenants of this Section 7(a) shall be deemed to be a series of separate covenants, one for each county
or province of each and every state, and one for each month of the time periods covered by such covenants.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(b)</TD><TD>If, during the enforcement of any or all of the covenants and provisions set forth in this Section 7, any court of competent
jurisdiction or arbitrator enters a final judgment that declares that the duration, scope, or area restrictions stated herein are
unreasonable under circumstances then existing, are invalid, or are otherwise unenforceable, then the parties hereto agree that
the maximum enforceable duration, scope, or area reasonable under such circumstances shall be substituted for the stated duration,
scope, or area, and that the court or arbitrator making the determination of invalidity or unenforceability shall have the power
to revise the scope, duration, or area of the term or provision, to delete specific words or phrases, or to replace any invalid
or unenforceable term or provision with a term or provision that is valid and enforceable and that comes the closest to expressing
the intention of the invalid or unenforceable term or provision, and this Agreement shall be enforceable as so modified to cover
the maximum duration, scope, or area permitted by Law.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(c)</TD><TD>Participant agrees that in the event a court of competent jurisdiction or arbitrator declares that there has been a breach
by Participant of this Section 7, the term of any such covenant so breached shall be automatically extended for the period of time
of the violation from the date on which such breach ceases or from the date of the entry by an arbitrator or court of competent
jurisdiction of a final non-appealable order enforcing such covenant, whichever is later.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(d)</TD><TD>Notwithstanding the terms of this Section 7 the Participant shall not be prohibited from (i) being a beneficial owner of not
more than five percent (5%) of the outstanding stock of any class of person which is publicly traded and which enterprise is competitive
with the Business of the Company, so long as Participant has no active participation in the business of such person or (ii) serving
as a director or advisor to any non-profit organization or governmental entity.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(e)</TD><TD>The Participant acknowledges and agrees that the Company and its direct and indirect subsidiaries are expressly intended to
be third-party beneficiaries of the provisions of this Agreement and that any assignees of the Company that are permitted by this
Agreement are authorized to enforce the provisions of this Agreement.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 8. Legend</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The obligation of the Company to issue Common
Stock upon execution of this Agreement shall be subject to all applicable laws, rules and regulations and to such approvals by
governmental agencies as may be required. The Participant consents to the imprinting of the following legend on any certificate
or certificates evidencing such shares and to the entry of a stop- transfer order with respect thereto in the records of the Company's
transfer agent:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in">The shares represented by this certificate
may be sold, transferred or otherwise disposed of only if registered under the Securities Act of 1933, as amended, or if in the
opinion of counsel to 3D Systems Corporation, an exemption from registration is available.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Participant acknowledges that, so long
as the restrictions on transfer imposed by the Plan remain in effect, all shares issued under the Plan shall be represented by
certificates that will be imprinted with the legend substantially in the following form:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: 0in">The shares represented hereby are held
subject to the terms of the Amended and Restated 2004 Incentive Stock Plan (the &ldquo;Plan&rdquo;) of 3D Systems Corporation (the
&ldquo;Company&rdquo;), which Plan provides that the shares issued pursuant thereto are subject to an option in favor of the Company
to reacquire such shares at a price that may be significantly lower than their fair market value and that neither such shares nor
any interest therein may be sold, transferred or encumbered until the expiration of such option. If such option is exercised, the
holder of the shares represented hereby will have no further rights with respect to such shares and the issuance will be deemed
void. A copy of such Plan is available for inspection at the executive offices of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">and shall have in effect a stop-transfer order
with respect thereto. Upon the expiration of the Company's option to reacquire the shares of Common Stock, the Participant may
surrender to the Company the certificate(s) representing such Common Stock in exchange for a new certificate(s), free of the above
legend, or for a statement from the Company representing such shares in book entry form free of such legend.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><B>Section <FONT STYLE="font-family: Times New Roman, Times, Serif">9.</FONT>
Registration of Shares</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Company shall use its reasonable commercial
efforts to cause the shares of Common Stock issuable in connection with this Plan to be registered under the Securities Act of
1933, as amended (the &ldquo;Securities Act&rdquo;), but shall otherwise be under no obligation to register any shares of Common
Stock issued under the Plan under the Securities Act or otherwise. If, at the time any shares of Common Stock are issued pursuant
to the Plan, there shall not be on file with the Securities and Exchange Commission an effective Registration Statement under the
Securities Act covering such shares of Common Stock, the Participant to whom such shares are to be issued will execute and deliver
to the Company upon receipt by him or her of any such shares an undertaking, in form and substance satisfactory to the Company,
that (i) such Participant has had access or will, by reason of such person's employment or service with the Company, or otherwise,
have access to sufficient information concerning the Company to enable him or her to evaluate the merits and risks of the acquisition
of shares of the Company's Common Stock pursuant to the Plan, (ii) such Participant has such knowledge and experience in financial
and business matters that such person is capable of evaluating such acquisition, (iii) it is the intention of such Participant
to acquire and hold such shares for investment and not for the resale or distribution thereof, (iv) such Participant will comply
with the Securities Act and the Exchange Act with respect to such shares, and (v) such Participant will indemnify the Company for
any cost, liability and expense that the Company may sustain by reason of any violation of the Securities Act or the Exchange Act
occasioned by any act or omission on his or her part with respect to such shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"></P>

<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Section
10.</B></FONT><B> No Rights in Common Stock</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The prospective recipient of a Restricted
Stock award shall not have any right with respect to such award, unless and until the recipient has executed an agreement evidencing
the award, delivered a fully executed copy thereof to the Company, and otherwise complied with the terms and conditions of such
award and of Section 7 of the Plan, and then only from the date such person becomes the record owner of the shares of Restricted
Stock. Once the conditions in the foregoing sentence have been satisfied, and except as provided in Sections 4 and 5 of this Agreement,
the Participant shall have with respect to an award of Restricted Stock all the rights of a stockholder of the Company, including
the right to vote and to receive cash dividends (if any). The Committee, in its sole discretion, as determined at the time of the
award, may permit or require such cash dividends (if any) to be reinvested in additional Restricted Stock, provided that sufficient
shares of Common Stock are available under Section 3 of the Plan for such reinvestment (taking into account then outstanding awards
under the Plan). Stock dividends issued with respect to Restricted Stock shall be treated as additional shares of Restricted Stock
that are subject to the same restrictions and other terms and conditions that apply to the shares with respect to which such dividends
are issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 11. Notices</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Any notice that either party hereto may
be required or permitted to give to the other shall be in writing and, except as otherwise required herein, may be delivered personally
or by mail to the Company at 333 Three D Systems Circle, Rock Hill, South Carolina 29730, attention of the Secretary of the Company,
or to the Participant at the address set forth below or at such other address as either party may designate by notice to the other.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><B>Section 12. Adjustments</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In the event of any change in the outstanding
shares of Common Stock or other securities then subject to the Plan by reason of any stock split, reverse stock split, stock dividend,
recapitalization, merger, consolidation, combination or exchange of shares or other similar corporate change, or if the outstanding
securities of the class then subject to the Plan are exchanged for or converted into cash, property or a different kind of security,
or if cash, property or securities are distributed in respect of such outstanding securities (other than a regular cash dividend),
then, unless the terms of such transaction shall provide otherwise, such equitable adjustments shall be made in the Plan and the
awards thereunder (including, without limitation, appropriate and proportionate adjustments in (i) the number and type of shares
or other securities that may be acquired pursuant to awards theretofore granted under the Plan; (ii) the maximum number and type
of shares or other securities that may be issued pursuant to awards thereafter granted under the Plan; (iii) the number of shares
of Restricted Stock that are outstanding and the terms thereof; and (iv) the maximum number of shares or other securities with
respect to which awards may thereafter be granted to any Participant in any Plan Year) as the Committee determines are necessary
or appropriate, including, if necessary, any adjustment in the maximum number of shares of Common Stock available for distribution
under the Plan as set forth in Section 3 of the Plan. Such adjustments shall be conclusive and binding for all purposes of the
Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"></P>

<!-- Field: Page; Sequence: 6; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><B>Section 13. Successors</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The provisions of the Plan shall be binding
upon and inure to the benefit of all successors of any person receiving Common Stock of the Corporation pursuant to the Plan, including,
without limitation, the estate of such person and the executors, administrators or trustees thereof, the heirs and legatees of
such person, and any receiver, trustee in bankruptcy or representative of creditors of such person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 14. Company's Right to
Terminate Retention; Exclusivity</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Nothing contained in the Plan shall prevent
the Board from adopting other or additional compensation arrangements or modifying existing compensation arrangements for Participants,
subject to stockholder approval if such approval is required by applicable statute, rule or regulation; and such arrangements either
may be generally applicable or applicable only in specific cases. Neither the adoption of the Plan nor a grant to a Participant
of any Restricted Stock Award shall confer upon any Participant any right to continued employment or service with the Company,
a Subsidiary or an Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 15. Payment of Withholding
Tax</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Participant undertakes to comply with
any appropriate requests that may be made by the Company in respect of the withholding of any federal, state or local taxes and
any other charges that may be required by law to be withheld by reason of a grant or the issuance of shares of Common Stock pursuant
to the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">Section 16. Applicable Law</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This Agreement shall be governed and construed
in accordance with the laws of the State of Delaware.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in"><B>Section 17. Severability</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If any provision of this Agreement is
held to be illegal, void or unenforceable for any reason, it shall be adjusted rather than voided, if possible, in order to achieve
the intent of the parties to the extent possible. In any event, all other provisions of this Agreement shall be deemed valid and
enforceable to the fullest extent possible.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Page; Sequence: 7; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 4pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence -->-</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">IN WITNESS WHEREOF, the parties have caused
this Agreement to be duly executed pursuant to due authorization, all as of the day and year first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">3D SYSTEMS CORPORATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">By: ___________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">[Name]&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in">Executive Vice President, Chief Legal Officer and
Secretary</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">PARTICIPANT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;____________________________________&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">[Name of Recipient]&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">[Address]&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">[City, State or Province, Postal
Code, and Country]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Participant hereby designates __________________________
to be the beneficiary of the Restricted Stock awarded pursuant to this Agreement, to the extent that the restrictions set forth
in Section 4 of this Agreement relating to such Restricted Stock have not yet lapsed at the time of Participant&rsquo;s death.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0">-8-</P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 4pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
