CONFIDENTIALITY AND NON-COMPETITION AGREEMENTNon-Competition Agreement • February 24th, 2017 • SPX Corp • Metalworkg machinery & equipment • Delaware
In consideration of my employment or continued employment by SPX Corporation or by the particular subsidiary or affiliate of SPX Corporation by which I am now employed, or by which I may become employed hereafter, potential future salary and benefit adjustments and/or promotions, and any other positions that I hold or may subsequently hold with SPX Corporation or any of its subsidiaries or affiliates, and in specific consideration for SPX Corporation and/or the applicable subsidiary or affiliate of SPX Corporation having granted to me in the past and granting to me in the future access to Confidential and Proprietary Information (as set out in Paragraph 1 below) which I would not have obtained absent my employment with SPX Corporation and/or the applicable subsidiary or affiliate of SPX Corporation, I, the undersigned, hereby agree as set forth below. (For purposes of this Agreement, “SPX” means, collectively, SPX Corporation and all of its subsidiaries and affiliates, and “Company” me
TIME-BASED RESTRICTED STOCK UNIT AGREEMENT [ ] AWARD FOR NON-EMPLOYEE DIRECTORSStock Compensation Plan • February 24th, 2017 • SPX Corp • Metalworkg machinery & equipment • Delaware
THIS AGREEMENT (the “Agreement”) is made between SPX Corporation, a Delaware corporation (the “Company”), and the Recipient pursuant to the SPX Corporation 2002 Stock Compensation Plan, as amended from time to time, and related plan documents (the “Plan”) in combination with an SPX Restricted Stock Unit Summary (the “Award Summary”) to be displayed at the Fidelity website. The Award Summary, which identifies the person to whom the Restricted Stock Units are granted (the “Recipient” or “Non-Employee Director”) and specifies the date (the “Award Date”) and other details of this grant of Restricted Stock Units, and the electronic acceptance of this Agreement (which also is to be displayed at the Fidelity website), are incorporated herein by reference. Capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Plan. The parties hereto agree as follows:
