Form of 2009-2011 Long-Term Incentive Award Certificate United Parcel Service, Inc. Restricted Stock Unit Award Agreement 2009 Long-Term Incentive Performance (LTIP) Awards (Not Transferable)Restricted Stock Unit Award Agreement • February 17th, 2009 • 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.”
