Common Contracts

10 similar Performance Share Unit Agreement contracts by Sysco Corp

SYSCO CORPORATION PERFORMANCE SHARE UNIT AGREEMENT For Performance Period FY2024 – FY2026
Performance Share Unit Agreement • November 1st, 2023 • Sysco Corp • Wholesale-groceries & related products • Texas

Sysco Corporation (the “Company”) hereby agrees to award to you (the “Grantee”) performance-based Restricted Stock Units (“PSUs”) in accordance with and subject to the terms, conditions and restrictions of this Performance Share Unit Agreement, (the “Agreement”). Except as otherwise provided in Section 3 in the event of the Grantee’s death, the PSUs hereby awarded (the “Award”) shall be settled in the form of shares of stock with each PSU earned being settled for one (1) share of the Company’s Common Stock, USD 1.00 par value (“Stock”), but until such settlement, the Award will be denominated in PSUs. Any PSUs earned will be settled, and the corresponding shares of Stock will be issued to the Grantee, on the date set forth below (the “Payment Date”) if the terms and conditions described in this Agreement are satisfied. The number of PSUs subject to this Agreement is expressed as a Target Award, subject to modification based on actual performance. The number of PSUs subject to the Targe

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PERFORMANCE SHARE UNIT AGREEMENT Pursuant to the Sysco Corporation 2018 Omnibus Incentive Plan For Performance Period FY2023 – FY2025
Performance Share Unit Agreement • November 2nd, 2022 • Sysco Corp • Wholesale-groceries & related products • Texas

Sysco Corporation (the “Company”) hereby agrees to award to you (the “Grantee”) performance-based Restricted Stock Units (“PSUs”) in accordance with and subject to the terms, conditions and restrictions of this Performance Share Unit Agreement, including any country-specific provisions for the Grantee’s country in Appendix A attached hereto (“Appendix A”, together with Appendix B and the Performance Share Unit Agreement, the “Agreement”). Except as otherwise provided in Section 3 below in the event of the Grantee’s death, the PSUs hereby awarded (the “Award”) shall be settled in the form of shares of stock with each PSU earned being settled for one (1) share of the Company’s Common Stock, USD 1.00 par value (“Stock”), but until such settlement, the Award will be denominated in PSUs. Any PSUs earned will be settled, and the corresponding shares of Stock will be issued to the Grantee, on the date set forth below (“Payment Date”) if the conditions described in this Agreement are satisfied

PERFORMANCE SHARE UNIT AGREEMENT Pursuant to the Sysco Corporation 2018 Omnibus Incentive Plan For Performance Period FY2022 - FY2024
Performance Share Unit Agreement • November 9th, 2021 • Sysco Corp • Wholesale-groceries & related products • Texas

Sysco Corporation (the “Company”) hereby agrees to award to you (the “Grantee”) performance-based Restricted Stock Units (“PSUs”) in accordance with and subject to the terms, conditions and restrictions of this Performance Share Unit Agreement, including any country-specific provisions for the Grantee’s country in Appendix A attached hereto (“Appendix A”, together with Appendix B and the Performance Share Unit Agreement, the “Agreement”). Except as otherwise provided in Section 3 below in the event of the Grantee’s death, the PSUs hereby awarded (the “Award”) shall be settled in the form of shares of Stock with each PSU earned being settled for one (1) share of Stock, but until such settlement, the Award will be denominated in PSUs. Any PSUs earned will be settled, and the corresponding shares of Stock will be issued to the Grantee, on the date set forth below (“Payment Date”) if the conditions described in this Agreement are satisfied. The number of PSUs subject to this Agreement is e

PERFORMANCE SHARE UNIT AGREEMENT INDUCEMENT AWARD FOR KEVIN HOURICAN Pursuant to the Sysco Corporation 2018 Omnibus Incentive Plan For Performance Period FY2021 - FY2022
Performance Share Unit Agreement • November 9th, 2021 • Sysco Corp • Wholesale-groceries & related products • Texas

Sysco Corporation (the “Company”) hereby agrees to award to Kevin Hourican (the “Grantee”) performance-based Restricted Stock Units (“PSUs”) in satisfaction of PSU grants provided for in the Letter Agreement between the Company and the Grantee dated January 10, 2020 (the “Letter Agreement”), as such Letter Agreement is amended hereby to the extent the terms of the PSUs awarded hereunder differ from the terms of the awards described in the Letter Agreement. The PSUs are awarded in accordance with and subject to the terms, conditions and restrictions of this Performance Share Unit Agreement, including any country-specific provisions for the Grantee’s country in Appendix A attached hereto (“Appendix A,” together with Appendix B and the Performance Share Unit Agreement, the “Agreement”). Except as otherwise provided in Section 3 below in the event of the Grantee’s death, the PSUs hereby awarded (the “Award”) shall be settled in the form of shares of Stock with each PSU earned being settled

PERFORMANCE SHARE UNIT AGREEMENT Pursuant to the Sysco Corporation 2018 Omnibus Incentive Plan For Performance Period FY2022 - FY2024
Performance Share Unit Agreement • November 9th, 2021 • Sysco Corp • Wholesale-groceries & related products • Texas

Sysco Corporation (the “Company”) hereby agrees to award to you (the “Grantee”) performance-based Restricted Stock Units (“PSUs”) in accordance with and subject to the terms, conditions and restrictions of this Performance Share Unit Agreement, including any country-specific provisions for the Grantee’s country in Appendix A attached hereto (“Appendix A”, together with Appendix B and the Performance Share Unit Agreement, the “Agreement”). Except as otherwise provided in Section 3 below in the event of the Grantee’s death, the PSUs hereby awarded (the “Award”) shall be settled in the form of shares of Stock with each PSU earned being settled for one (1) share of Stock, but until such settlement, the Award will be denominated in PSUs. Any PSUs earned will be settled, and the corresponding shares of Stock will be issued to the Grantee, on the date set forth below (“Payment Date”) if the conditions described in this Agreement are satisfied. The number of PSUs subject to this Agreement is e

PERFORMANCE SHARE UNIT AGREEMENT Pursuant to the Sysco Corporation 2018 Omnibus Incentive Plan For Performance Period FY2021 - FY2022
Performance Share Unit Agreement • November 4th, 2020 • Sysco Corp • Wholesale-groceries & related products • Texas

Sysco Corporation (the “Company”) hereby agrees to award to you (the “Grantee”) performance-based Restricted Stock Units (“PSUs”) in accordance with and subject to the terms, conditions and restrictions of this Performance Share Unit Agreement, including any country-specific provisions for the Grantee’s country in Appendix A attached hereto (“Appendix A”, together with Appendix B and the Performance Share Unit Agreement, the “Agreement”). Except as otherwise provided in Section 3 below in the event of the Grantee’s death, the PSUs hereby awarded (the “Award”) shall be settled in the form of shares of Stock with each PSU earned being settled for one share of Stock, but until such settlement, the Award will be denominated in PSUs. Any PSUs earned will be settled, and the corresponding shares of Stock will be issued to the Grantee, on the date set forth below (“Payment Date”) if the conditions described in this Agreement are satisfied. The number of PSUs subject to this Agreement is expre

PERFORMANCE SHARE UNIT AGREEMENT Pursuant to the Sysco Corporation 2018 Omnibus Incentive Plan For Performance Period FY2020 - FY2022
Performance Share Unit Agreement • August 26th, 2019 • Sysco Corp • Wholesale-groceries & related products • Texas

Sysco Corporation (the “Company”) hereby agrees to award to you (the “Grantee”) performance-based Restricted Stock Units (“PSUs”) in accordance with and subject to the terms, conditions and restrictions of this Performance Share Unit Agreement, including any country-specific provisions for the Grantee’s country in Appendix A attached hereto (“Appendix A”, together with Appendix B and the Performance Share Unit Agreement, the “Agreement”). Except as otherwise provided in Section 3 below in the event of the Grantee’s death, the PSUs hereby awarded (the “Award”) shall be settled in the form of shares of Stock with each PSU earned being settled for one share of Stock, but until such settlement, the Award will be denominated in PSUs. Any PSUs earned will be settled, and the corresponding shares of Stock will be issued to the Grantee, on the date set forth below (“Payment Date”) if the conditions described in this Agreement are satisfied. The number of PSUs subject to this Agreement is expre

PERFORMANCE SHARE UNIT AGREEMENT Pursuant to the Sysco Corporation 2013 Long- Term Incentive Plan For Performance Period FY2019 - FY2021
Performance Share Unit Agreement • November 6th, 2018 • Sysco Corp • Wholesale-groceries & related products • Texas

Sysco Corporation (the “Company”) hereby agrees to award to you (the “Grantee”) performance-based Restricted Stock Units (“PSUs”) in accordance with and subject to the terms, conditions and restrictions of this Performance Share Unit Agreement, including any country-specific provisions for the Grantee’s country in Appendix A attached hereto (“Appendix A”, together with Appendix B and the Performance Share Unit Agreement, the “Agreement”). Except as otherwise provided in Section 3 below in the event of the Grantee’s death, the PSUs hereby awarded (the “Award”) shall be settled in the form of shares of Stock with each PSU earned being settled for one share of Stock, but until such settlement, the Award will be denominated in PSUs. Any PSUs earned will be settled, and the corresponding shares of Stock will be issued to the Grantee, on the date set forth below (“Payment Date”) if the conditions described in this Agreement are satisfied. The number of PSUs subject to this Agreement is expre

PERFORMANCE SHARE UNIT AGREEMENT Pursuant to the Sysco Corporation 2013 Long- Term Incentive Plan For Performance Period FY2018 - FY2020
Performance Share Unit Agreement • November 9th, 2017 • Sysco Corp • Wholesale-groceries & related products • Texas

Sysco Corporation (the “Company”) hereby agrees to award to you (the “Grantee”) performance-based Restricted Stock Units (“PSUs”) in accordance with and subject to the terms, conditions and restrictions of this Performance Share Unit Agreement, including any country-specific provisions for the Grantee’s country in Appendix A attached hereto (“Appendix A”, together with Appendix B and the Performance Share Unit Agreement, the “Agreement”). Except as otherwise provided in Section 3 below in the event of the Grantee’s death, the PSUs hereby awarded (the “Award”) shall be settled in the form of shares of Stock with each PSU earned being settled for one share of Stock, but until such settlement, the Award will be denominated in PSUs. Any PSUs earned will be settled, and the corresponding shares of Stock will be issued to the Grantee, on the date set forth below (“Payment Date”) if the conditions described in this Agreement are satisfied. The number of PSUs subject to this Agreement is expre

PERFORMANCE SHARE UNIT AGREEMENT Pursuant to the Sysco Corporation 2013 Long- Term Incentive Plan For Performance Period FY2017 - FY2019
Performance Share Unit Agreement • November 8th, 2016 • Sysco Corp • Wholesale-groceries & related products • Texas

Sysco Corporation (the “Company”) hereby agrees to award to you (the “Grantee”) performance-based Restricted Stock Units (“PSUs”) in accordance with and subject to the terms, conditions and restrictions of this Performance Share Unit Agreement, including any country-specific provisions for the Grantee’s country in Appendix A attached hereto (“Appendix A”, together with Appendix B and the Performance Share Unit Agreement, the “Agreement”). Except as otherwise provided in Section 3 below in the event of the Grantee’s death, the PSUs hereby awarded (the “Award”) shall be settled in the form of shares of Stock with each PSU earned being settled for one share of Stock, but until such settlement, the Award will be denominated in PSUs. Any PSUs earned will be settled, and the corresponding shares of Stock will be issued to the Grantee, on the date set forth below (“Payment Date”) if the conditions described in this Agreement are satisfied. The number of PSUs subject to this Agreement is expre

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