EXHIBIT 10(a) MANAGEMENT SERVICES AGREEMENT THIS MANAGEMENT SERVICES AGREEMENT is dated as of December 30, 1996, by and between MFRI, INC., a Delaware corporation ("MFRI"), and MIDWESCO-ILLINOIS, INC., an Illinois corporation ("New Midwesco"). W I T N...Management Services Agreement • May 1st, 1997 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip
Exhibit 4.1 MFRI, INC. AND HARRIS TRUST AND SAVINGS BANK (RIGHTS AGENT) DATED AS OF SEPTEMBER 15, 1999 RIGHTS AGREEMENT RIGHTS AGREEMENT, dated as of September 15, 1999 (the "Agreement"), between MFRI, INC., a Delaware corporation (the "Company"), and...Rights Agreement • September 24th, 1999 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Delaware
EXHIBIT 2.2 AGREEMENT AND PLAN OF MERGER AS AMENDED THIS AGREEMENT AND PLAN OF MERGER (the "Agreement and Plan of Merger"), dated as of October 25, 1996, is by and among MFRI, INC., a Delaware corporation ("MFRI") and MIDWESCO, INC., an Illinois...Merger Agreement • January 10th, 1997 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Delaware
February 5, 2007Placement Agent Agreement • February 6th, 2007 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
EXHIBIT INDEX EXHIBIT NO. DESCRIPTION 2.1 Stock Purchase Agreement, dated December 3, 1997, by and between Roy E. Greenlees, Lorie Greenlees, Janet Marshall (collectively "Sellers") and MFRI, Inc. ("Buyer") EXHIBIT 2.1 STOCK PURCHASE AGREEMENT THIS...Stock Purchase Agreement • December 12th, 1997 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
SECOND AMENDMENT AND WAIVER TO REVOLVING CREDIT AND SECURITY AGREEMENTRevolving Credit and Security Agreement • September 21st, 2021 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip
This Second Amendment and Waiver to Revolving Credit and Security Agreement (this “Amendment”) dated as of September 17, 2021 is by and among PERMA-PIPE INTERNATIONAL HOLDINGS, INC., a Delaware corporation (“Holdings”), PERMA-PIPE, INC., a Delaware corporation (“Perma-Pipe”), PERMA-PIPE CANADA LTD., a company registered in the Province of Alberta, Canada (“Perma-Pipe Canada” and together with Holdings and Perma-Pipe, the “Borrowers” and each a “Borrower”), PERMA-PIPE CANADA, INC., a Delaware corporation (“Canada Holdings” or “Guarantor” and together with the Borrowers, collectively the “Loan Parties” and each a “Loan Party”), the financial institutions party hereto (collectively, the “Lenders” and each individually a “Lender”) and PNC BANK, NATIONAL ASSOCIATION (“PNC”), as agent for Lenders (PNC, in such capacity, the “Agent”).
PERMA-PIPE INTERNATIONAL HOLDINGS, INC. to Trustee INDENTURE Dated as of _______________ Subordinated Debt SecuritiesIndenture • April 16th, 2019 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip
THIS INDENTURE, dated as of ______________, between Perma-Pipe International Holdings, Inc., a Delaware corporation (the “Company”), and ___________________, a national banking association, as trustee (the “Trustee”).
Executive Employment AgreementExecutive Employment Agreement • October 2nd, 2023 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip • Texas
This Employment Agreement is entered into as of October 2, 2023, by and between Perma-Pipe International Holdings, Inc, (PPIH), a Delaware corporation ("PPIH" or "the Company"), and Matthew Lewicki ("Employee").
Third Amendment to the Second Amended and Restated Loan and Security AgreementLoan and Security Agreement • April 15th, 2014 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
THIS THIRD AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT ("Third Amendment") is made as of this 15th day of March, 2013, by and among BANK OF AMERICA, N.A., a national banking association ("Bank of America") with an office at 135 South LaSalle Street, 4th Floor, Chicago, Illinois 60603, individually as a Lender and as Agent ("Agent") for itself and any other financial institution which is or becomes a party hereto (each such financial institution, including Bank of America, is referred to hereinafter individually as a "Lender" and collectively as the "Lenders"), the LENDERS and MFRI, INC., a Delaware corporation ("MFRI"), MIDWESCO FILTER RESOURCES, INC., a Delaware corporation ("Midwesco"), PERMA-PIPE, INC., a Delaware corporation ("Perma-Pipe"), THERMAL CARE, INC., a Delaware corporation ("Thermal Care"), TDC FILTER MANUFACTURING, INC., a Delaware corporation ("TDC"), MIDWESCO MECHANICAL AND ENERGY, INC., a Delaware corporation ("Mechanical") and PERMA-PIPE INTE
Employee Restricted Stock Unit Grant Restricted Stock Unit Agreement under the 2021 Omnibus Stock Incentive PlanRestricted Stock Unit Agreement • April 19th, 2022 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip • Illinois
This Agreement (the “Agreement”) evidences the award of restricted stock units (each, a “Award Unit,” and collectively, the “Award Units”), entitling the grantee to receive one share of Common Stock (a “Share”) on a future date, that Perma-Pipe International Holdings, Inc., a Delaware corporation (the “Company”), has granted to you effective as of________ (the “Grant Date”), pursuant to the 2021 Omnibus Stock Incentive Plan (the “Plan”) and conditioned upon your agreement to the terms described below. This award is contingent on your acceptance of this Agreement within ninety (90) days after you receive notice of the award by signing where indicated below. If you do not accept this Agreement within ninety (90) days, this award will be void and you will not be entitled to any benefits under this Agreement. All of the provisions of the Plan are expressly incorporated into this Agreement.
MFRI, INC., MIDWESCO FILTER RESOURCES, INC., PERMA‑PIPE, INC., THERMAL CARE, INC., TDC FILTER MANUFACTURING, INC., MIDWESCO MECHANICAL AND ENERGY, INC., PERMA-PIPE INTERNATIONAL COMPANY, LLC, AND PERMA‑PIPE CANADA, INC., AS BORROWERS SECOND AMENDED...Loan and Security Agreement • June 11th, 2012 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
MFRI, INC. FORM OF INDEMNIFICATION AGREEMENTIndemnification Agreement • May 15th, 2006 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Delaware
THIS AGREEMENT made at Niles, Illinois as of __________________, by and between MFRI, INC., a Delaware corporation (the “Company”), and the undersigned (the “Indemnified Party”).
EMPLOYMENT AGREEMENTEmployment Agreement • June 11th, 2013 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
AGREEMENT made as of November 12, 2007 by and between Perma-Pipe, Inc. a Delaware corporation, ("Penna-Pipe" or the "Employer"), a wholly owned subsidiary of MFRI, Inc, a Delaware corporation, ("MFRI" or the "Parent Company") and Fati Elgendy, (the "Employee").
FIRST AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENTLoan and Security Agreement • March 2nd, 2007 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
THIS FIRST AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT is made as of this 28th day of February, 2007, by and among BANK OF AMERICA, N.A., a national banking association (“Bank of America”) with an office at One South Wacker Drive, Suite 3400, Chicago, Illinois 60606, individually as a Lender and as Agent (“Agent”) for itself and any other financial institution which is or becomes a party hereto (each such financial institution, including Bank of America, is referred to hereinafter individually as a “Lender” and collectively as the “Lenders”), the LENDERS and MFRI, INC., a Delaware corporation (“MFRI”), MIDWESCO FILTER RESOURCES, INC., a Delaware corporation (“Midwesco”), PERMA-PIPE, INC., a Delaware corporation (“Perma-Pipe”), THERMAL CARE, INC., a Delaware corporation (“Thermal Care”), TDC FILTER MANUFACTURING, INC., a Delaware corporation (“TDC”) and MIDWESCO MECHANICAL AND ENERGY, INC., a Delaware corporation (“Mechanical”). Capitalized terms used in this Agreement
NINTH AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENTLoan and Security Agreement • April 19th, 2010 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
THIS NINTH AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (“Ninth Amendment”) is made as of this ___ day of April, 2010, by and among BANK OF AMERICA, N.A., a national banking association (“Bank of America”) with an office at 135 South LaSalle Street, 4th Floor, Chicago, Illinois 60603, individually as a Lender and as Agent (“Agent”) for itself and any other financial institution which is or becomes a party hereto (each such financial institution, including Bank of America, is referred to hereinafter individually as a “Lender” and collectively as the “Lenders”), the LENDERS and MFRI, INC., a Delaware corporation (“MFRI”), MIDWESCO FILTER RESOURCES, INC., a Delaware corporation (“Midwesco”), PERMA‑PIPE, INC., a Delaware corporation (“Perma‑Pipe”), THERMAL CARE, INC., a Delaware corporation (“Thermal Care”), TDC FILTER MANUFACTURING, INC., a Delaware corporation (“TDC”), MIDWESCO MECHANICAL AND ENERGY, INC., a Delaware corporation (“Mechanical”) and FREEZONE HOLDINGS LIMIT
FIRST AMENDMENT TO REAL ESTATE PURCHASE AND SALE AGREEMENT WITH ESCROW INSTRUCTIONSReal Estate Purchase and Sale Agreement • April 22nd, 2021 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip
AGREEMENT WITH ESCROW INSTRUCTIONS ("Amendment") is made and entered into as of February 23, 2021, and constitutes an agreement between PERMA-PIPE INC., a Delaware corporation ("Seller"), and WINKLER PROPERTIES, LP, a California limited partnership ("Buyer"), with reference to the following:
WITNESSETH:Lease Amendment • May 1st, 1997 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
September 24, 2018 Mr. Karl J. Schmidt Lake Forest, IL 60045 Dear Karl:Separation Agreement • October 1st, 2018 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip • Delaware
As a follow-up to our discussion, this letter agreement (“Agreement”) confirms the mutual understanding and agreement between you and Perma-Pipe International Holdings, Inc. (“Perma-Pipe” or the “Company”) regarding your separation from employment and the mutual termination of the Executive Employment Agreement entered into by and between you and the Company, effective March 17, 2017 (the “Employment Agreement”). In consideration of the terms and conditions and promises contained in this Agreement, and for other good and valuable consideration, the sufficiency of which is acknowledged, you and Perma-Pipe (collectively the “Parties”) agree as follows:
FIRST AMENDMENT AND WAIVER TO REVOLVING CREDIT AND SECURITY AGREEMENTRevolving Credit and Security Agreement • December 21st, 2020 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip
This First Amendment and Waiver to Revolving Credit and Security Agreement (this “Amendment”) dated as of December 18, 2020 is by and among PERMA-PIPE INTERNATIONAL HOLDINGS, INC., a Delaware corporation (“Holdings”), PERMA-PIPE, INC., a Delaware corporation (“Perma-Pipe”), PERMA-PIPE CANADA LTD., a company registered in the Province of Alberta, Canada (“Perma-Pipe Canada” and together with Holdings and Perma-Pipe, the “Borrowers” and each a “Borrower”), PERMA-PIPE CANADA, INC., a Delaware corporation (“Canada Holdings” or “Guarantor” and together with the Borrowers, collectively the “Loan Parties” and each a “Loan Party”), the financial institutions party hereto (collectively, the “Lenders” and each individually a “Lender”) and PNC BANK, NATIONAL ASSOCIATION (“PNC”), as agent for Lenders (PNC, in such capacity, the “Agent”).
AMENDED AND RESTATED LOAN AND SECURITY AGREEMENTLoan and Security Agreement • September 4th, 2007 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
THIS SECOND AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT is made as of this 28th day of August, 2007, by and among BANK OF AMERICA, N.A., a national banking association (“Bank of America”) with an office at One South Wacker Drive, Suite 3400, Chicago, Illinois 60606, individually as a Lender and as Agent (“Agent”) for itself and any other financial institution which is or becomes a party hereto (each such financial institution, including Bank of America, is referred to hereinafter individually as a “Lender” and collectively as the “Lenders”), the LENDERS and MFRI, INC., a Delaware corporation (“MFRI”), MIDWESCO FILTER RESOURCES, INC., a Delaware corporation (“Midwesco”), PERMA-PIPE, INC., a Delaware corporation (“Perma-Pipe”), THERMAL CARE, INC., a Delaware corporation (“Thermal Care”), TDC FILTER MANUFACTURING, INC., a Delaware corporation (“TDC”) and MIDWESCO MECHANICAL AND ENERGY, INC., a Delaware corporation (“Mechanical”). Capitalized terms used in this Agreement
THIRD AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENTLoan and Security Agreement • December 14th, 2007 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
THIS THIRD AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT is made as of this 13th day of December, 2007, by and among BANK OF AMERICA, N.A., a national banking association (“Bank of America”) with an office at 231 South LaSalle Street, 7th Floor, Chicago, Illinois 60604, individually as a Lender and as Agent (“Agent”) for itself and any other financial institution which is or becomes a party hereto (each such financial institution, including Bank of America, is referred to hereinafter individually as a “Lender” and collectively as the “Lenders”), the LENDERS and MFRI, INC., a Delaware corporation (“MFRI”), MIDWESCO FILTER RESOURCES, INC., a Delaware corporation (“Midwesco”), PERMA-PIPE, INC., a Delaware corporation (“Perma-Pipe”), THERMAL CARE, INC., a Delaware corporation (“Thermal Care”), TDC FILTER MANUFACTURING, INC., a Delaware corporation (“TDC”) and MIDWESCO MECHANICAL AND ENERGY, INC., a Delaware corporation (“Mechanical”). Capitalized terms used in this Agreemen
SECOND AMENDMENT TO REAL ESTATE PURCHASE AND SALE AGREEMENT WITH ESCROW INSTRUCTIONSReal Estate Purchase and Sale Agreement • April 22nd, 2021 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip
AGREEMENT WITH ESCROW INSTRUCTIONS ("Amendment") is made and entered into as of April 12, 2021, and constitutes an agreement between PERMA-PIPE INC., a Delaware corporation ("Seller"), and NASH88, LLC, a Delaware limited liability company ("Buyer"), with reference to the following:
LEASELease Agreement • April 22nd, 2021 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip
THIS LEASE (this “Lease”), dated for reference purposes as of March 15, 2021, shall be deemed effective as of the date Landlord acquires the Real Property from Tenant (“Effective Date”), is by and between PERMA-PIPE INC., a Delaware corporation (“Tenant”), and NASH88, LLC, a Delaware limited liability company (“Landlord”).
RESTATED LOAN AND SECURITY AGREEMENTLoan and Security Agreement • April 14th, 2011 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
THIS TWELFTH AMENDMENT TO AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (“Twelfth Amendment”) is made as of this _18_ day of February, 2011, by and among BANK OF AMERICA, N.A., a national banking association (“Bank of America”) with an office at 135 South LaSalle Street, 4th Floor, Chicago, Illinois 60603, individually as a Lender and as Agent (“Agent”) for itself and any other financial institution which is or becomes a party hereto (each such financial institution, including Bank of America, is referred to hereinafter individually as a “Lender” and collectively as the “Lenders”), the LENDERS and MFRI, INC., a Delaware corporation (“MFRI”), MIDWESCO FILTER RESOURCES, INC., a Delaware corporation (“Midwesco”), PERMA-PIPE, INC., a Delaware corporation (“Perma-Pipe”), THERMAL CARE, INC., a Delaware corporation (“Thermal Care”), TDC FILTER MANUFACTURING, INC., a Delaware corporation (“TDC”), MIDWESCO MECHANICAL AND ENERGY, INC., a Delaware corporation (“Mechanical”) and FREEZONE HOLDIN
LIMITED WAIVER AND SECOND AMENDMENT TO CREDIT AND SECURITY AGREEMENTCredit and Security Agreement • June 12th, 2015 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
This LIMITED WAIVER AND SECOND AMENDMENT TO CREDIT AND SECURITY AGREEMENT (this "Second Amendment") is entered into as of April 30, 2015, among MFRI, INC., a Delaware corporation (the "Company"), MIDWESCO FILTER RESOURCES, INC., a Delaware corporation ("Midwesco"), PERMA-PIPE, INC., a Delaware corporation ("Perma-Pipe"), TC NILES CORPORATION, a Delaware corporation ("TC Niles"), TDC FILTER MANUFACTURING, INC., a Delaware corporation ("TDC"), MM NILES CORPORATION, a Delaware corporation ("MM Niles"), and PERMA-PIPE CANADA, INC., a Delaware corporation ("Perma-Pipe Canada") (each of the Company, Midwesco, Perma-Pipe, TC Niles, TDC, MM Niles, and Perma-Pipe Canada may be referred to herein individually, as a "Borrower" and collectively, as "Borrowers"), and BMO HARRIS BANK N.A., as lender ("Lender").
First Amendment to the Second Amended and Restated Loan and Security AgreementLoan and Security Agreement • April 15th, 2014 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
THIS FIRST AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT ("First Amendment") is made as of this 8th day of June, 2012, by and among BANK OF AMERICA, N.A., a national banking association ("Bank of America") with an office at 135 South LaSalle Street, 4th Floor, Chicago, Illinois 60603, individually as a Lender and as Agent ("Agent") for itself and any other financial institution which is or becomes a party hereto (each such financial institution, including Bank of America, is referred to hereinafter individually as a "Lender" and collectively as the "Lenders"), the LENDERS and MFIU, INC., a Delaware corporation ("MFRI"), MIDWESCO FILTER RESOURCES, INC., a Delaware corporation ("Midwesco"), PERMA·PIPE, INC., a Delaware corporation ("Perma-Pipe"), THERMAL CARE, INC., a Delaware corporation ("Thermal Care"), TDC FILTER MANUFACTURING, INC., a Delaware corporation ("TDC"), MIDWESCO MECHANICAL AND ENERGY, INC., a Delaware corporation ("Mechanical") and PERMA-PIPE INTERN
FOURTH AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENTLoan and Security Agreement • May 2nd, 2013 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
THIS FOURTH AMENDMENT TO SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (“Fourth Amendment”) is made as of this 25th day of April, 2013, by and among BANK OF AMERICA, N.A., a national banking association (“Bank of America”) with an office at 135 South LaSalle Street, 4th Floor, Chicago, Illinois 60603, individually as a Lender and as Agent (“Agent”) for itself and any other financial institution which is or becomes a party hereto (each such financial institution, including Bank of America, is referred to hereinafter individually as a “Lender” and collectively as the “Lenders”), the LENDERS and MFRI, INC., a Delaware corporation (“MFRI”), MIDWESCO FILTER RESOURCES, INC., a Delaware corporation (“Midwesco”), PERMA‑PIPE, INC., a Delaware corporation (“Perma‑Pipe”), THERMAL CARE, INC., a Delaware corporation (“Thermal Care”), TDC FILTER MANUFACTURING, INC., a Delaware corporation (“TDC”), MIDWESCO MECHANICAL AND ENERGY, INC., a Delaware corporation (“Mechanical”) and PERMA‑PIPE IN
FIRST AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • April 15th, 2014 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip
THIS FIRST AMENDMENT (this "Amendment", dated as of March 19, 2014, to the Employment Agreement, dated as of November 12, 2007 (the "Agreement"), by and between Perma-Pipe, Inc., a Delaware corporation ("Perma-Pipe" or the "Employer"), and Fati Elgendy (the "Employee") is made by and between the Employer and the Employee.
ContractLoan and Security Agreement • April 29th, 2005 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip
MFRI, INC., MIDWESCO FILTER RESOURCES, INC., PERMA-PIPE, INC., THERMAL CARE, INC. AND TDC FILTER MANUFACTURING, INC., AS BORROWERS LOAN AND SECURITY AGREEMENT Dated: July 11, 2002 $28,000,000 FLEET CAPITAL CORPORATION Individually and as Agent for any Lender which is or becomes a Party hereto
LIMITED WAIVER, CONSENT AND SEVENTH AMENDMENT TO CREDIT AND SECURITY AGREEMENTCredit and Security Agreement • April 19th, 2018 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip • Illinois
THIS LIMITED WAIVER, CONSENT AND SEVENTH AMENDMENT TO CREDIT AND SECURITY AGREEMENT (this "Seventh Amendment") is entered into as of December 14, 2017, among PERMA-PIPE INTERNATIONAL HOLDINGS, INC., (PREVIOUSLY MFRI, INC.), a Delaware corporation (the "Company"), MIDWESCO FILTER RESOURCES, INC., a Delaware corporation ("Midwesco"), PERMA-PIPE, INC., a Delaware corporation ("Perma-Pipe"), MM NILES CORPORATION, a Delaware corporation ("MM Niles"), and PERMA-PIPE CANADA, INC., a Delaware corporation ("Perma-Pipe Canada") (each of the Company, Midwesco, Perma-Pipe, TC Niles, MM Niles, and Perma-Pipe Canada may be referred to herein individually, as a "US Borrower" and collectively, as "US Borrowers"), and PERMA-PIPE CANADA LTD., an Alberta corporation ("PP Canada Operating") (PP Canada Operating may be referred to herein as a "Canadian Borrower") and BANK OF MONTREAL, as lender ("Lender"). US Borrowers and Canadian Borrower may be referred to herein individually, as a "Borrower" and collec
ContractRestricted Stock Agreement • April 21st, 2020 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip • Illinois
This Agreement (the “Agreement”) evidences the award of the number of shares of restricted stock set forth above (each, a “Restricted Share,” and collectively, the “Restricted Shares”), each entitling the grantee to receive one share of Common Stock (a “Share”) subject to a vesting schedule, that Perma-Pipe International Holdings, Inc., a Delaware corporation (the “Company”), has granted to the grantee set forth above (“Grantee” or “you”), effective as of the grant date set forth above (the “Grant Date”), pursuant to the 2017 Omnibus Stock Incentive Plan, as Amended June 13, 2017 (the “Plan”) and conditioned upon your agreement to the terms described below. All of the provisions of the Plan are expressly incorporated into this Agreement.
Employee AgreementEmployee Agreement • June 11th, 2013 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip
Gerald P. O'ConnorProject Work Agreement • December 7th, 2012 • Mfri Inc • Industrial & commercial fans & blowers & air purifing equip • Illinois
1, Gerald O'Connor, ("me", "I" or "my") am pleased that MFRI Inc. (the "Company," "you" or "your") has selected me to perform certain consulting services on behalf of the Company (the "Services"). This letter along with the terms and conditions attached as Exhibit A (collectively, the "Agreement") confirms our mutual understanding of the terms and conditions upon which the Services will be provided.
PPIH Long-Term Incentive Program Restricted Stock Unit and Performance Award Grant Restricted Stock Unit and Performance Award Agreement under the 2021 Omnibus Stock Incentive Plan Grantee: __________ No. of Restricted Stock Units: ____________Restricted Stock Unit and Performance Award Agreement • April 19th, 2022 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip • Illinois
This Agreement (the “Agreement”) evidences the award of (i) ___________ restricted stock units of Common Stock (each, a “RSU” and, collectively, the “RSUs”) subject to a vesting schedule, and (ii) a performance award (the “Performance Award”) relating to the performance period of the Company’s fiscal years ____-______ (the “Performance Period”) with a target dollar amount of $_________ (the “Target Amount”), that Perma-Pipe International Holdings, Inc., a Delaware corporation (the “Company”), has granted to you, ________________, effective as of ____________ (the “Grant Date”), pursuant to the 2021 Omnibus Stock Incentive Plan (the “Plan”) and conditioned upon your agreement to the terms described below. All of the provisions of the Plan are expressly incorporated into this Agreement.
PPIH Non-Employee Director Compensation Program Restricted Stock Unit Grant Restricted Stock Unit Agreement under the 2021 Omnibus Stock Incentive Plan Grantee: No. of Restricted Stock Units: Dollar Amount of Grant: Closing Price on Grant Date: Grant...Restricted Stock Unit Agreement • April 19th, 2022 • Perma-Pipe International Holdings, Inc. • Industrial & commercial fans & blowers & air purifing equip • Illinois
This Agreement (the “Agreement”) evidences the award of the number of restricted stock units (each, an “RSU,” and collectively, the “RSUs”), each entitling the grantee to receive one share of Common Stock (a “Share”) subject to a vesting schedule, that Perma-Pipe International Holdings, Inc., a Delaware corporation (the “Company”), has granted to the grantee set forth above (“Grantee” or “you”), effective as of the grant date set forth above (the “Grant Date”), pursuant to the 2021 Omnibus Stock Incentive Plan (the “Plan”) and conditioned upon your agreement to the terms described below. All of the provisions of the Plan are expressly incorporated into this Agreement.
