RESTRICTED STOCK AWARD AGREEMENT

THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”) is made and entered into as of April 7, 2017 (the “Grant Date”), by and between Altisource Portfolio Solutions S.A., a Luxembourg société anonyme (“Altisource” and, together with its subsidiaries and affiliates, the “Company”), and [ ], an employee of the Company (the “Employee”).

WHEREAS, The Company desires, by awarding the Employee restricted shares of its common stock (the “Restricted Shares”), par value $1.00 per share (“Shares”), to further the objectives of the Company’s 2009 Equity Incentive Plan (the “2009 Plan”).

NOW THEREFORE, in consideration of the mutual covenants hereinafter set forth and for other good and valuable consideration, and intending to be legally bound hereby, the parties hereto have agreed, and do hereby agree, as follows:

The Company hereby grants to the Employee, pursuant to and subject to the 2009 Plan, a number of Restricted Shares equal to the Target Amount (as defined in Exhibit A) on the terms and conditions set forth herein (the “Restricted Stock Award”).

Subject to the provisions of Sections 4 and 5 below, the Restricted Shares shall vest in accordance with the following provisions:

Subject to the restrictions set forth in the Plan and this Award Agreement, Employee shall possess all incidents of ownership of the Restricted Shares granted hereunder, including, without limitation, but subject to Section 3, Subsection B below, the right to receive dividends with respect to such Restricted Shares (but only to the extent declared and paid to holders of Common Stock by the Company in its sole discretion), provided, however, that any such dividends shall accrue, but only be delivered to Employee with respect to Restricted Shares that have vested, and such dividends shall be treated, to the extent required by applicable law, as additional compensation for tax purposes if paid on Restricted Shares. Notwithstanding the foregoing, Employee shall have no right to vote the Restricted Shares unless the Restricted Shares have vested in accordance with this Agreement.

Any dividends with respect to Restricted Shares (whether such dividends are paid in cash, stock or other property) (i) shall be subject to the same restrictions (including the risk of forfeiture) as the Restricted Shares with respect to which they are issued; (ii) shall herein be encompassed within the term “Restricted Shares”; (iii) shall be held by the Company for Employee prior to vesting; and (iv) shall be paid or otherwise released to Employee, without interest, promptly after the vesting of Restricted Shares with respect to which they were issued. Any dividends that relate to Restricted Shares that do not vest shall be forfeited to the Company together with such forfeited Restricted Shares.

The Restricted Stock Award shall not be transferable otherwise than by will or by the applicable laws of descent and distribution. More particularly (but without limiting the generality of the foregoing), the Restricted Stock Award may not be assigned, transferred (except as aforesaid), pledged or hypothecated in any way (whether by operation of law or otherwise) and shall not be subject to execution, attachment or similar process. Any attempted assignment, transfer, pledge, hypothecation or other disposition of the Restricted Stock Award contrary to the provisions hereof, and the levy of any execution, attachment or similar process upon the Restricted Stock Award, shall be null and void and without effect.

If, prior to vesting of the entire Restricted Stock Award, the Employee’s employment terminates, the Restricted Stock Award shall terminate in accordance with the 2009 Plan except as follows:

The Employee’s right to retain any unvested Restricted Shares following termination of employment under this Section 4 is subject in all cases to the requirement that the Employee has been employed with the Company for a period of at least two (2) years in the case of termination without Cause, Disability or death, or three (3) years in the case of Retirement, unless otherwise determined by the Company in its sole discretion.

In no event shall the granting of the Restricted Stock Award or its acceptance by the Employee give or be deemed to give the Employee any right to continued employment by the Company.

Except as provided in the next sentence, the Company shall withhold and/or receive the return of a number of Shares having a fair market value equal to the taxes that the Company determines it is required to withhold under applicable tax laws with respect to the Restricted Shares (with such withholding obligation determined based on any applicable minimum statutory withholding rates), in connection with the vesting of Restricted Shares. In the event the Company cannot (under applicable legal, regulatory, listing or other requirements) satisfy such tax withholding obligation in such method, the Employee makes a Section 83(b) election pursuant to Section 6, Subsection B below, or the parties otherwise agree in writing, then the Company may satisfy such withholding by any one or combination of the following methods: (i) by requiring the Employee to pay such amount in cash or check; (ii) by deducting such amount out of any other compensation otherwise payable to the Employee; and/or (iii) by allowing the Employee to surrender shares of Common Stock of the Company which (a) in the case of shares initially acquired from the Company (upon exercise of a stock option or otherwise), have been owned by the Employee for such period (if any) as may be required to avoid a charge to the Company’s earnings, and (b) have a fair market value on the date of surrender equal to the amount required to be withheld. For these purposes, the fair market value of the Shares to be withheld or repurchased, as applicable, shall be determined using the opening price of the Shares on the date that the amount of tax to be withheld is to be determined or, if such date falls on a day on which the NASDAQ Global Select Market is not open for active trading, using the opening price of the Shares on the next active trading day. The intent of the parties is that payments and benefits under this

Agreement comply with or otherwise be exempt from Section 409A of the Internal Revenue Code of 1986, as amended and the regulations promulgated thereunder (the “Code”), and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted either to be exempt from or in compliance therewith. If any provision of this Agreement (or any award of compensation or benefits provided under this Agreement) would cause the Employee to incur any additional tax or interest under Section 409A of the Code, the Company may reform such provision to comply with Section 409A.

The Employee hereby acknowledges that he or she may file an election pursuant to Section 83(b) of the Code to be taxed currently on the fair market value of the Restricted Shares (less any purchase price paid for the Shares), provided that such election must be filed with the Internal Revenue Service no later than thirty (30) days after the grant of such Restricted Shares. The Employee will seek the advice of his or her own tax advisors as to the advisability of making such a Section 83(b) election, the potential consequences of making such an election, the requirements for making such an election, and the other tax consequences of the Restricted Stock Award under federal, state, and any other laws that may be applicable. The Company and its affiliates and agents have not and are not providing any tax advice to the Employee.

If there shall be any change in the Shares, through merger, consolidation, reorganization, recapitalization, stock dividend, stock split, spin off of one or more subsidiaries or other change in the corporate structure, appropriate adjustments shall be made by the Board of Directors in its discretion in the aggregate number and kind of Shares subject to the 2009 Plan and the number and kind of Shares subject to the Restricted Stock Award. Further, the Board of Directors shall have the right to adjust the Performance Measures and defined levels of achievement as appropriate to avoid inequitable dilution or enlargement of award values or rights in connection with such a corporate transaction or restructuring.

enlargement of award values or rights in connection with such Change of Control/Restructuring Event

The Board of Directors may also specify any inclusion(s) or exclusion(s) for charges related to any event(s) or occurrence(s) which the Board of Directors determines should be included or excluded, as appropriate, for purposes of measuring performance against the applicable Performance Measures, which may include, but is not limited to, acquisitions and dispositions, market changes, reserve adjustments for litigation or regulatory/enforcement matters, litigation or claim judgments or settlements. If the Board of Directors determines that a change in the business, operations, corporate structure or capital structure of the Company, or the manner in which it conducts its business, or other events or circumstances, render previously established Performance Measures (and defined levels of achievement) unsuitable, the Board of Directors may also, in its discretion, modify such Performance Measures, in whole or in part, as the Board of Directors deems appropriate.

The Company shall reserve and keep available such number of Shares as will be sufficient to satisfy the requirements of this Agreement, shall pay all original issue and/or transfer taxes with respect to the issue and/or transfer of Shares pursuant hereto and all other fees and expenses necessarily incurred by the Company in connection therewith and will from time to time use its best efforts to comply with all laws and regulations which, in the opinion of counsel for the Company, shall be applicable thereto.

Code of 1986, as amended, and the guidance promulgated thereunder, and if a transaction or event does not otherwise fall within such definition of change in control event, it shall not be deemed a Change in Control for purposes of this Agreement.

In the event that the Board of Directors amends the 2009 Plan under the provisions of Section 9 of the 2009 Plan and such amendment shall modify or otherwise affect the subject matter of this Agreement, this Agreement shall, to that extent, be deemed to be amended by such amendment to the 2009 Plan. The Company shall notify the Employee in writing of any such amendment to the 2009 Plan and this Agreement as soon as practicable after its approval. Notwithstanding any other provision of this Agreement or the 2009 Plan, the Employee’s rights under this Agreement may not be amended in a way that materially diminishes the value of the award without the Employee’s consent to the amendment.

In the event of any conflict between the 2009 Plan and this Agreement, the provisions of the 2009 Plan shall control. This Agreement shall be governed in all respects by the laws of the State of Georgia. No provision of this Agreement shall limit in any way whatsoever any right that the Company may otherwise have to terminate the employment of the Employee at any time.

If any provision of this Agreement is held to be unenforceable, then this provision will be deemed amended to the extent necessary to render the otherwise unenforceable provision, and the rest of this Agreement, valid and enforceable. If a court declines to amend this Agreement as provided herein, the invalidity or unenforceability of any particular provision thereof shall not affect the other provisions hereof, and this Agreement shall be construed in all respects as if such invalid or unenforceable provision had been omitted.

Except as otherwise required by applicable law, rule or regulation, the Board of Directors shall have full discretion with respect to any actions to be taken or determinations to be made in connection with this Agreement (including, without limitation, any determination with regard to Section 2, Section 5, Subsections D and E, Section 7 and Exhibit A), and its determinations shall be final, binding and conclusive.

This Agreement, together with the 2009 Plan, constitutes the entire agreement between the Company and the Employee and supersedes all other discussions, correspondence, representations, understandings and agreements between the parties, with respect to the subject matter hereof.

The headings of the paragraphs of this Agreement are inserted for convenience only and shall not be deemed a part hereof.

By accepting this Agreement, either through electronic means or by providing a signed copy, the Employee (i) acknowledges and confirms that he/she has read and understood the 2009 Plan and this Agreement and (ii) acknowledges that acceptance through electronic means is equivalent to doing so by providing a signed copy.

Employee will have a vesting opportunity of up to one hundred and fifty percent (150%) of the Target Amount ([ ] Restricted Shares) pursuant to the provisions of this Exhibit A and the terms of the Agreement.

The Performance Measures to be satisfied for purposes of Section 3 Subsection A of the Agreement are (i) 2017 Adjusted Pre-Tax Income and (ii) 2017 Consolidated Diversified Revenue (as defined in Section 2 below).

As used in the Agreement, the “Restricted Share Vestable Portion” means a number of restricted shares equal to the sum of the Adjusted Pre-Tax Income Vestable Portion and the Diversified Revenue Vestable Portion, each as determined pursuant to the provisions of this Exhibit A. Capitalized terms used but not defined in this Exhibit A shall have the meaning ascribed to them in the Agreement.

The target amount of Restricted Shares tied to 2017 Adjusted Pre-Tax Income⁽¹⁾ is equal to [ ] Restricted Shares (the “Adjusted Pre-Tax Income Target Amount”).

The percentage of the Adjusted Pre-Tax Income Target Amount that will be eligible to vest (the “Adjusted Pre-Tax Income Vestable Portion”) will be determined based on the Adjusted Pre-Tax Income achieved for 2017 in accordance with the below table. If Adjusted Pre-Tax Income falls between the pre-determined levels shown in the table, the percentage of the Adjusted Pre-Tax Income Target Amount that will form part of the Adjusted Pre-Tax Income Vestable Portion shall be determined using linear interpolation for performance that falls between such pre-determined levels.

The number of restricted shares that form part of the Adjusted Pre-Tax Income Vestable Portion (i.e., the number of restricted shares eligible to vest) will then be determined by multiplying the applicable percentage by the Adjusted Pre-Tax Income Target Amount.

⁽¹⁾ As used herein, “Adjusted Pre-Tax Income” means the pre-tax income applicable to the Company before amortization of intangible assets and other specific items applicable to the earnings of the Company that may, at the discretion of the Company, be excluded from the pre-tax income applicable to the Company.

⁽²⁾ For the avoidance of doubt, in no event shall the Adjusted Pre-Tax Income Vestable Portion exceed 150% of the Adjusted Pre-Tax Income Target Amount.

The target amount of Restricted Shares tied to 2017 Consolidated Diversified Revenue⁽¹⁾ is equal to [ ] Restricted Shares (the “Diversified Revenue Target Amount”).

The percentage of the Diversified Revenue Target Amount that will be eligible to vest (the “Diversified Revenue Vestable Portion”) will be determined based on the Consolidated Diversified Revenue achieved for 2017 in accordance with the below table. If Consolidated Diversified Revenue falls between the pre-determined levels shown in the table, the percentage of the Diversified Revenue Target Amount that will form part of the Diversified Revenue Vestable Portion shall be determined using linear interpolation for performance that falls between such pre-determined levels.

The number of Restricted Shares that form part of the Diversified Revenue Vestable Portion (i.e., the number of restricted shares eligible to vest) will then be determined by multiplying the applicable percentage by the Diversified Revenue Target Amount.

⁽¹⁾ As used herein, “Consolidated Diversified Revenue” means service revenue from customers other than (i) service revenue from Ocwen Financial Corporation or its subsidiaries (“Ocwen”) and (ii) service revenue related to the portfolios serviced by Ocwen when a third party other than Ocwen selects the Company as the service provider (highly correlated Ocwen revenue).

⁽²⁾ For the avoidance of doubt, in no event shall the Diversified Revenue Vestable Portion exceed 150% of the Diversified Revenue Target Amount.

Employee will have a vesting opportunity of up to one hundred and fifty percent (150%) of the Target Amount ([ ] Restricted Shares) pursuant to the provisions of this Exhibit A and the terms of the Agreement.

The Performance Measures to be satisfied for purposes of Section 3 Subsection A of the Agreement are (i) 2017 Adjusted Pre-Tax Income and (ii) 2017 Servicer Solutions Diversified Revenue (as defined in Section 2 below).

As used in the Agreement, the term “Restricted Share Vestable Portion” means a number of restricted shares equal to the sum of the Adjusted Pre-Tax Income Vestable Portion and the Diversified Revenue Vestable Portion, each as determined pursuant to the provisions of this Exhibit A. Capitalized terms used but not defined in this Exhibit A shall have the meaning ascribed to them in the Agreement.

The target amount of Restricted Shares tied to 2017 Adjusted Pre-Tax Income⁽¹⁾ is equal to [ ] Restricted Shares (the “Adjusted Pre-Tax Income Target Amount”).

The percentage of the Adjusted Pre-Tax Income Target Amount that will be eligible to vest (the “Adjusted Pre-Tax Income Vestable Portion”) will be determined based on the Adjusted Pre-Tax Income achieved for 2017 in accordance with the below table. If Adjusted Pre-Tax Income falls between the pre-determined levels shown in the table, the percentage of the Adjusted Pre-Tax Income Target Amount that will form part of the Adjusted Pre-Tax Income Vestable Portion shall be determined using linear interpolation for performance that falls between such pre-determined levels.

The number of restricted shares that form part of the Adjusted Pre-Tax Income Vestable Portion (i.e., the number of restricted shares eligible to vest) will then be determined by multiplying the applicable percentage by the Adjusted Pre-Tax Income Target Amount.

⁽¹⁾ As used herein, “Adjusted Pre-Tax Income” means the pre-tax income applicable to the Company before amortization of intangible assets and other specific items applicable to the earnings of the Company that may, at the discretion of the Company, be excluded from the pre-tax income applicable to the Company.

⁽²⁾ For the avoidance of doubt, in no event shall the Adjusted Pre-Tax Income Vestable Portion exceed 150% of the Adjusted Pre-Tax Income Target Amount.

The target amount of Restricted Shares tied to the 2017 Servicer Solutions Diversified Revenue⁽¹⁾ is equal to [ ] Restricted Shares (the “Diversified Revenue Target Amount”).

The percentage of the Servicer Solutions Diversified Revenue Target Amount that will be eligible to vest (the “Diversified Revenue Vestable Portion”) will be determined based on the Servicer Solutions Diversified Revenue achieved for 2017 in accordance with the below table. If Diversified Revenue falls between the pre-determined levels shown in the table, the percentage of the Diversified Revenue Target Amount that will form part of the Diversified Revenue Vestable Portion shall be determined using linear interpolation for performance that falls between such pre-determined levels.

The number of Restricted Shares that form part of the Diversified Revenue Vestable Portion (i.e., the number of restricted shares eligible to vest) will then be determined by multiplying the applicable percentage by the Diversified Revenue Target Amount.

⁽¹⁾ As used herein, “Servicer Solutions Diversified Revenue” means service revenue from customers of the Servicer Solutions Business other than (i) service revenue from Ocwen Financial Corporation or its subsidiaries (“Ocwen”) and (ii) service revenue related to the portfolios serviced by Ocwen when a third party other than Ocwen selects the Company as the service provider (highly correlated Ocwen revenue). As used herein, the “Servicer Solutions Business” means the businesses of the Servicer Solutions segment excluding the REALSuite, Document Services, Marketplace Solutions and Mortgage Charge-Off businesses.

⁽²⁾ For the avoidance of doubt, in no event shall the Diversified Revenue Vestable Portion exceed 150% of the Diversified Revenue Target Amount.