KEMET CORPORATION FORM OF LONG-TERM INCENTIVE PLAN AWARD AGREEMENT Dated , 20Long-Term Incentive Plan Award Agreement • June 6th, 2013 • Kemet Corp • Electronic components & accessories • Delaware
KEMET Corporation (the “Company”) is pleased to advise you that, pursuant to the Company’s 2011 Omnibus Stock and Incentive Plan (the “Plan”), the Company’s Compensation Committee (the “Committee”) has granted to you this award under the FY20 /FY20 Long-Term Incentive Plan (the “LTIP Award”). percent ( %) of the value of the LTIP Award is provided by a performance-based Performance Award which, if certain performance measures are met and other conditions satisfied, will provide you with a combination of cash and Restricted Stock Units of the Company. __ percent ( %) of the value of the LTIP Award is provided by a time-based Restricted Stock Unit Award, by which, upon the vesting and settlement of the underlying Restricted Stock Units, you shall be issued Restricted Stock of the Company. An illustration of your LTIP Award payouts in the event that the Company meets its performance targets is set forth in Annex A.
