ContractCredit Agreement • April 25th, 2024 • Tutor Perini Corp • General bldg contractors - nonresidential bldgs • New York
FORM OF CASH-SETTLED RESTRICTED STOCK UNIT AWARD AGREEMENT UNDER THE TUTOR PERINI CORPORATION OMNIBUS INCENTIVE PLANRestricted Stock Unit Award Agreement • April 25th, 2024 • Tutor Perini Corp • General bldg contractors - nonresidential bldgs
This Cash-Settled Restricted Stock Unit Award Agreement (“Agreement”) entered into by and between Tutor Perini Corporation (the “Company”) and the Grantee evidences the grant of the number of Cash-Settled Restricted Stock Units (“RSUs”) specified above (the “Award”), which Award is an Other Cash-Based Award granted under the Tutor Perini Corporation Omnibus Incentive Plan (as the same may be amended, the “Plan”). The Award represents a promise to pay to the Grantee a cash amount equal to the number of RSUs that vest hereunder multiplied by the per share closing price of the Company’s Common Stock (the “Stock”) on the applicable Vesting Date, subject to the restrictions and conditions set forth herein and in the Plan.
