EL PASO ELECTRIC COMPANY AMENDED AND RESTATED 2007 LONG-TERM INCENTIVE PLAN PERFORMANCE SHARE AWARD AGREEMENTPerformance Share Award Agreement • February 5th, 2018 • El Paso Electric Co /Tx/ • Electric services
Contract Type FiledFebruary 5th, 2018 Company IndustryWHEREAS, EL PASO ELECTRIC COMPANY (the “Company”) previously granted the Participant a Performance Share Award (the “Award”) covering the target number of Shares (the “Target Shares”) as specified in the award notice attached hereto (the “Award Notice”), pursuant to the EL PASO ELECTRIC COMPANY AMENDED AND RESTATED 2007 LONG TERM INCENTIVE PLAN (the “Plan”); and
EL PASO ELECTRIC COMPANY AMENDED AND RESTATED 2007 LONG-TERM INCENTIVE PLAN PERFORMANCE SHARE AWARD AGREEMENT INCLUDING NON-COMPETITION AND NON- SOLICITATION PROVISIONSPerformance Share Award Agreement • February 5th, 2018 • El Paso Electric Co /Tx/ • Electric services
Contract Type FiledFebruary 5th, 2018 Company IndustryPursuant to this Performance Share Award Agreement (this “Award Agreement”), EL PASO ELECTRIC COMPANY (the “Company”) hereby grants this Performance Share Award (the “Award”) covering the target number of Shares (the “Target Shares”) as specified in the award notice attached hereto (the “Award Notice”), pursuant to the EL PASO ELECTRIC COMPANY AMENDED AND RESTATED 2007 LONG TERM INCENTIVE PLAN (the “Plan”). The number of Target Shares shall be subject to adjustment as provided in Section 4.4 of the Plan, conditioned upon the Company’s achievement of the Performance Goals over the course of the performance period beginning on January 1, 2018 and ending on December 31, 2020 (the “Performance Period”) and subject to the following terms and conditions: