EX-10.4
Applied Aerospace & Defense, Inc.
APPLIED AEROSPACE & DEFENSE, INC.
2026 EMPLOYEE STOCK PURCHASE PLAN
ARTICLE I.
PURPOSE
The purpose of this Applied Aerospace & Defense, Inc. 2026 Employee Stock Purchase Plan as it may be amended or restated from time to time, this “Plan”) is to assist Eligible Employees of Applied Aerospace & Defense, Inc., a Delaware corporation (the “Company”) and its Designated Subsidiaries in acquiring a stock ownership interest in the Company. This Plan consists of two components: (i) the Section 423 Component and (ii) the Non-Section 423 Component. The Section 423 Component is intended to qualify as an “employee stock purchase plan” under Section 423 of the Code and shall be administered, interpreted and construed in a manner consistent with the requirements of Section 423 of the Code. The Non-Section 423 Component authorizes the grant of rights which need not qualify as rights granted pursuant to an “employee stock purchase plan” under Section 423 of the Code. Rights granted under
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