EX-10.16
StepStone Group Inc.
STEPSTONE GROUP INC.
2023 EMPLOYEE STOCK PURCHASE PLAN
Adopted by the Board: July 13, 2023
Approved by the Stockholders: September 13, 2023
Effective Date: September 13, 2023
Amended: February 23, 2026
1.PURPOSE.
The purpose of this StepStone Group Inc. 2023 Employee Stock Purchase Plan (the “Plan”) is to provide employees of the Company and its Designated Affiliates with an opportunity to purchase Common Stock through accumulated Contributions.
2.DEFINITIONS.
(a)“Administrator” means the Compensation Committee of the Board (or any successor committee) or such other committee as designated by the Board to administer the Plan under Section 14.
(b)“Affiliate” means, at the time of determination, any “parent” or “subsidiary” of the Company, as such terms are defined in Rule 405 of the Securities Act. The Administrator will have the authority to determine the time or times at which “parent” or “subsidiary” status is determined within the foregoing definition.
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