Alarm.com Holdings, Inc. Executive Bonus Plan

(a)    “Bonus Award” means, with respect to each Participant for each Performance Period, the award determined pursuant to Section 5(f) below, which is subject to the Committee’s authority under Section 5(f).

(b)    “Code” means the Internal Revenue Code of 1986, as amended.

(c)    “Committee” means the Compensation Committee of the Board (or a subcommittee thereof), or such other committee of the Board (including, without limitation, the full Board) to which the Board has delegated power to act under or pursuant to the provisions of the 2015 Plan.

(d)    “Maximum Bonus Award” means, as to any Participant for a particular Performance Period, the maximum award that may be granted to the Participant under the Bonus Plan. In no event may the Maximum Bonus Award(s) paid to any one Participant in respect of a calendar year exceed the amount specified in Section 3(d) of the 2015 Plan.

(e)    “Participant” means an eligible officer selected by the Committee, in its sole discretion, to participate in the Bonus Plan for a particular Performance Period.

(f)    “Payout Determination Date” means, as to each Performance Period, the date upon which the Committee determines the amounts payable pursuant to the Target Bonus Award with respect to such completed Performance Period, in accordance with Section 5(f).

(g)    “Payout Formula” means, as to each Performance Period, the formula or payout matrix established by the Committee pursuant to Section 5 in order to determine the Bonus Awards (if any) to be paid to each Participant for such Performance Period. The Payout Formula may be (but is not required to be) expressed as a percentage (which may be more than 100%) of the Target Bonus Award. The Payout Formula may differ from Participant to Participant and, with respect to any one Participant in a given Performance Period.

(h)    “Performance Goals” means the goal(s) (or combined goal(s)) determined by the Committee, in its sole discretion, to be applicable to a Participant with respect to a Bonus Award for a Performance Period, including, as set forth in Sections 13(nn) and 13(oo) of the 2015 Plan. The criteria set forth in Sections 13(nn) or 13(oo) of the 2015 Plan may relate to the Company, one or more of its Affiliates or one or more of its or their divisions or units, or any combination of the foregoing, and may be applied on an absolute basis and/or be relative to one or more peer group companies or indices, or any combination thereof, all as the Committee shall determine. For the avoidance of doubt, the Bonus Awards under this Plan do not qualify as “performance-based compensation” under Section 162(m) of the Code.

(i)    “Performance Period” means the period of time for measurement of achievement of the Performance Goals that must be met to receive a Bonus Award relating to such Performance Goal achievement, as determined by the Committee in its sole discretion. Unless otherwise determined by the Committee, the Performance Period will be each calendar year.

(j)    “Target Bonus Award” means the target award payable under the Bonus Plan to a Participant for any Performance Period, as determined by the Committee in accordance with Section 5(c).

(k)    “Target Determination Date” means the date or dates upon which the Committee sets the Performance Goals and each Participant’s Target Bonus Award with respect to a Performance Period, in accordance with Sections 5(b) and 5(c).

(a)    The Committee shall be responsible for the general administration and interpretation of the Bonus Plan and for carrying out its provisions. The Committee may delegate specific administrative tasks to Company employees or others as appropriate for proper administration of the Bonus Plan. The Committee shall have such powers as may be necessary

to discharge its duties hereunder, including, but not by way of limitation, the following powers and duties, but subject to the terms of the Bonus Plan:

(i)    authority to adopt Performance Goals and Target Bonus Awards under the Bonus Plan for a Performance Period;

(ii)    authority to determine eligibility and the amount, form, manner and time of payment of any Bonus Awards hereunder, including authority to exercise negative discretion in reducing any Maximum Bonus Award;

(iii)    authority to construe and interpret the terms of the Bonus Plan;

(iv)    authority to prescribe forms and procedures for purposes of Bonus Plan participation and distribution of Bonus Awards; and

(v)    authority to adopt rules, regulations and bylaws and to take such actions as it deems necessary or desirable for the proper administration of the Bonus Plan.

(b)    Any rule or decision by the Committee that is not inconsistent with the provisions of the Bonus Plan or the 2015 Plan shall be conclusive and binding on all persons, and shall be given the maximum deference permitted by law.

(a)    Bonus Plan Components. The Bonus Plan components for each Performance Period are: (i) the Performance Goals; (ii) the Target Bonus Award; (iii) the Maximum Bonus Award; and (iv) the Bonus Award.

(b)    Performance Goal Determination. On the Target Determination Date for each Performance Period, the Committee, in its sole discretion, shall establish the Performance Goals for each Participant for such Performance Period. Such Performance Goals shall be set forth in writing and the achievement of such Performance Goals shall be substantially uncertain at such time.

(c)    Target Bonus Award. On the Target Determination Date for each Performance Period, the Committee, in its sole discretion, shall designate a Target Bonus Award for each Participant for such Performance Period. Each Participant’s Target Bonus Award shall be set forth in writing. The Participant’s Bonus Award for such Performance Period is calculated, in part (as further described below), by reference to his or her Target Bonus Award.

(d)    Maximum Bonus Award. Subject to Section 2(d) above, the Maximum Bonus Award that may be earned by a Participant for any Performance Period is 150 percent of the Participant’s Target Bonus Award.

(e)    Payout Formula. On the Target Determination Date for each Performance Period, the Committee, in its sole discretion, shall establish the Payout Formula for purposes of determining the Bonus Award that may be earned by each Participant for such Performance Period. Each Payout Formula (a) shall be set forth in writing, (b) shall provide for the payment of a Participant’s Bonus Award if the Performance Goals for the Performance Period are achieved, and (c) may provide for a Bonus Award payment greater than or less than the Participant’s Target Bonus Award (i.e., a Maximum Bonus Award and a threshold award), depending upon the extent to which the Performance Goals are achieved. Notwithstanding the preceding, in no event shall a Participant’s Bonus Award for any Performance Period exceed the Maximum Bonus Award.

(f)    Determination of the Bonus Award. On the Payout Determination Date for each Performance Period, the Committee shall determine and certify in writing (which may be by approval of the minutes in which the certification was made) the extent to which the Performance Goals applicable to each Participant for such Performance Period were achieved

or exceeded. The Bonus Award for each Participant shall be determined by applying the Payout Formula to the level of actual performance that has been certified by the Committee. Notwithstanding any contrary provision of the Bonus Plan, the Committee, in its sole discretion, may eliminate or reduce the Bonus Award payable to any Participant below that which otherwise would be payable under the Payout Formula in its discretion.

(a)    Right to Receive Payment. Each Bonus Award under the Bonus Plan shall be paid solely from the general assets of the Company. Nothing in the Bonus Plan shall be construed to create a trust or to establish or evidence any Participant’s claim of any right to payment of a Bonus Award other than as an unsecured general creditor with respect to any payment to which he or she may be entitled.

(b)    Form of Payment of Bonus Awards. Except as otherwise determined by the Committee, subject to Section 4, the Company shall distribute a Participant’s Bonus Award to the Participant in the form of cash and/or shares of Common Stock, as determined by the Committee, in its sole discretion, on the Payout Determination Date for each Performance Period. Subject to Section 6(d), a Participant’s Bonus Award shall be paid to the Participant as soon as is practicable following the Payout Determination Date for the Performance Period, but in no event later than the 15th day of the third calendar month after the end of the calendar year in which the Participant’s Bonus Award is no longer subject to a substantial risk of forfeiture, within the meaning of Treasury Regulation Section 1.409A-1(d). Payments under this Bonus Plan shall be made in a manner that complies with Treasury Regulation Section 1.409A-1(b)(4) and this Bonus Plan shall be construed in accordance with such provision.

(c)    Tax Withholding. The Company will withhold from any payments under the Bonus Plan and from any other amounts payable to a Participant by the Company any amount required to satisfy the income and employment tax withholding obligations arising under applicable federal and state laws in respect of a Bonus Award. Without limiting the forgoing, with respect to any portion of a Bonus Award paid in shares of Common Stock, the Company may, in its sole discretion, satisfy all or any portion of its tax withholding obligations by (i) causing a Participant to tender a cash payment, (ii) permitting a Participant to enter into a “same day sale” commitment, if applicable, with a broker-dealer whereby the Participant irrevocably elects to sell a portion of the shares of Common Stock to satisfy the Company’s withholding obligation and whereby the broker-dealer irrevocably commits to forward the proceeds necessary to satisfy the Company’s withholding obligation directly to the Company, or (iii) withholding from any shares of Common Stock otherwise issuable to a Participant a number of whole shares having a fair market value as of the date of payment not in excess of the minimum amount of tax required to be withheld by the Company by law. The Company may require the Participant to satisfy any remaining amount of the tax withholding obligations by tendering a cash payment. Each Participant is encouraged to contact his or her personal legal or tax advisors with respect to the benefits provided by the Bonus Plan. Neither the Company nor any of its employees, directors, officers or agents are authorized to provide any tax advice to Participants with respect to the benefits provided under the Bonus Plan.

(d)    Deferral. The Committee may defer payment of Bonus Awards payable in cash pursuant to Section 6(b), or any portion thereof, to Participants in accordance with Section 409A of the Code as the Committee, in its sole discretion, determines to be necessary or desirable. In addition, the Committee, in its sole discretion, may permit a Participant to defer receipt of the payment of cash that would otherwise be delivered to a Participant under the Bonus Plan. Any such deferral elections shall comply with the requirements of Section 409A of the Code, and shall be subject to such rules and procedures as shall be determined by the Committee in its sole discretion.