United Parcel Service, Inc. Restricted Stock Unit Award Agreement 2008 Long- Term Incentive Performance (LTIP) Awards (Not Transferable)Restricted Stock Unit Award Agreement • March 20th, 2008 • United Parcel Service Inc • Trucking & courier services (no air)
THIS CERTIFIES THAT ____________ has been granted a target award of ____________ Restricted Stock Units (“RSUs”). Each RSU has a value that equals the value of one share of the class A common stock of UNITED PARCEL SERVICE, INC., a Delaware corporation (the “Company”). A RSU is sometimes referred to as a “long-term incentive performance award” or “LTIP.”
