MERCURY GENERAL CORPORATION LONG-TERM INCENTIVE PLAN PERFORMANCE PHANTOM STOCK UNIT AWARD AGREEMENTAward Agreement • February 13th, 2024 • Mercury General Corp • Fire, marine & casualty insurance • California
Mercury General Corporation (the “Company”) hereby grants to the participant listed below (“Participant”), this award (the “Award”) of the number of performance-based phantom stock units (“Performance Phantom Stock Units” or “PSUs”) listed below. Each PSU represents the right to receive the “Payout Value” in cash per PSU upon satisfaction of certain performance conditions as specified in Section 1(b) of the terms and conditions attached hereto as Exhibit A (together with this grant notice, the “Award Agreement”).
MERCURY GENERAL CORPORATION LONG-TERM INCENTIVE PLAN RESTRICTED PHANTOM STOCK UNIT AWARD AGREEMENTAward Agreement • February 13th, 2024 • Mercury General Corp • Fire, marine & casualty insurance • California
Mercury General Corporation (the “Company”) hereby grants to the participant listed below (“Participant”), this award (the “Award”) of the number of phantom stock units (“Restricted Phantom Stock Units” or “RSUs”) listed below. Each RSU represents the right to receive the “Payout Value” in cash per RSU upon vesting specified in Section 1(b) of the terms and conditions attached hereto as Exhibit A (together with this grant notice, the “Award Agreement”).
