Marine Products Corp Sample Contracts

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RECITALS
Employee Benefits Agreement • February 13th, 2001 • Marine Products Corp • Ship & boat building & repairing • Delaware
AGREEMENT
Tax Sharing Agreement • February 13th, 2001 • Marine Products Corp • Ship & boat building & repairing • Georgia
FORM OF PERFORMANCE SHARE UNIT AWARD AGREEMENT
Performance Share Unit Award Agreement • April 28th, 2023 • Marine Products Corp • Ship & boat building & repairing • Georgia

This Performance Share Unit Award Agreement (this “Agreement”) evidences the grant by Marine Products Corporation, a Delaware corporation (the “Company”), pursuant to the Marine Products Corporation 2014 Stock Incentive Plan (the “Plan”), to _______________ (“Participant”), an employee of the Company, of a “target” amount of __________ Performance Share Units, with each such Performance Share Unit representing the right to receive, to the extent then vested, an amount payable in Stock, with such amount determined as provided in Section 3 below, subject to the terms and conditions of this Agreement. This award (this “Award”) of Performance Share Units is granted effective as of ________________ (the “Grant Date”).

MARINE PRODUCTS CORPORATION TIME-LAPSE RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • May 2nd, 2012 • Marine Products Corp • Ship & boat building & repairing • Georgia

TIME-LAPSE RESTRICTED STOCK AGREEMENT made as of the ____ day of ___________, ____, between MARINE PRODUCTS CORPORATION, a Delaware corporation (hereinafter called the “Company”), and ___________________________, an employee of the Company or one or more of its subsidiaries (hereinafter called the “Employee”).

RECITALS
Agreement Regarding Distribution and Plan of Reorganization • February 13th, 2001 • Marine Products Corp • Ship & boat building & repairing • Georgia
PERFORMANCE-BASED COMPENSATION AGREEMENT
Performance-Based • April 25th, 2008 • Marine Products Corp • Ship & boat building & repairing

THIS AGREEMENT, entered into as of this 23rd day of January 2008, between CHAPPARRAL BOATS, INC., a Georgia corporation (hereinafter called the "Company"), and JAMES A. LANE, JR. (hereinafter called the "Employee").

PERFORMANCE-BASED COMPENSATION AGREEMENT
Performance-Based • April 26th, 2013 • Marine Products Corp • Ship & boat building & repairing

THIS AGREEMENT, entered into as of this 23rd day of January 2013, between CHAPPARRAL BOATS, INC., a Georgia corporation (hereinafter called the "Company"), and JAMES A. LANE, JR. (hereinafter called the "Employee").

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