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2 similar Phantom Stock Agreement contracts by Group 1 Automotive Inc

Contract
Phantom Stock Agreement • May 5th, 2020 • Delaware

EX-10.7 6 exhibit107formofphantomsto.htm EXHIBIT 10.7 FORM OF PHANTOM STOCK AGREEMENT FOR NON-EMPLOYEE DIRECTORS Exhibit 10.7 FORM OF PHANTOM STOCK AGREEMENT THIS PHANTOM STOCK AGREEMENT (this “Agreement”) is made as of the effective date set forth on the attached notice of grant (the “Grant Notice”), between GROUP 1 AUTOMOTIVE, INC., a Delaware corporation (the “Company”), and the Director set forth on the Grant Notice (“Director”). 1.Award of Phantom Shares. Pursuant to the GROUP 1 AUTOMOTIVE, INC. 2014 LONG TERM INCENTIVE PLAN (the “Plan”), the Company hereby awards the number of phantom shares of the Company (the “Phantom Shares”) set forth in the Grant Notice to Director, subject to the terms and restrictions set forth herein. Director acknowledges receipt of a copy of the Plan, and agrees that this award of Phantom Shares shall be subject to all of the terms and provisions of the Plan, including future amendments thereto, if any, pursuant to the terms thereof. In the event of any

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FORM OF PHANTOM STOCK AGREEMENT
Phantom Stock Agreement • November 7th, 2014 • Group 1 Automotive Inc • Retail-auto dealers & gasoline stations • Delaware

THIS PHANTOM STOCK AGREEMENT (this “Agreement”) is made as of the effective date set forth on the attached notice of grant (the “Grant Notice”), between GROUP 1 AUTOMOTIVE, INC., a Delaware corporation (the “Company”), and the Director set forth on the Grant Notice (“Director”).

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