FORM OF AWARD AGREEMENT FOR DIRECTOR DEFERRAL ELECTIONAward Agreement • December 1st, 2016 • Meritor Inc • Motor vehicle parts & accessories • Indiana
In accordance with Section 11 of the 2010 Long-Term Incentive Plan, as amended and restated (the “Plan”), of Meritor, Inc. (the “Company”), and your election pursuant to the Meritor, Inc. Non-Employee Director Retainer Deferral Policy (the “Policy”), the number of shares of Common Stock of the Company specified above have been granted to you as of the date listed above (“Grant Date”) as restricted shares (“Restricted Shares”). By accepting such award (the “Award”), you agree to the terms and conditions of this restricted stock agreement (this “Agreement”). All capitalized terms used herein and not otherwise defined will have the meanings set forth in the Plan.
FORM OF AWARD AGREEMENT FOR DIRECTOR DEFERRAL ELECTIONAward Agreement • December 1st, 2016 • Meritor Inc • Motor vehicle parts & accessories • Indiana
In accordance with Section 11 of the 2010 Long-Term Incentive Plan, as amended and restated (the “Plan”), of Meritor, Inc. (the “Company”), and your election pursuant to the Meritor, Inc. Non-Employee Director Retainer Deferral Policy (the “Policy”), the number of restricted share units specified above have been granted to you as of the date listed above (“Grant Date”) as restricted share units (“Restricted Share Units”). By accepting such award (the “Award”), you agree to the terms and conditions of this restricted share unit agreement (this “Agreement”). Each Restricted Share Unit represents a right to receive one share of common stock, par value $1.00 per share, of the Company (the "Common Stock") or its cash equivalent in the future. All capitalized terms used herein and not otherwise defined will have the meanings set forth in the Plan.
ContractMeritor Inc • December 1st, 2016 • Motor vehicle parts & accessories
Schedule identifying agreements substantially identical to the Form of Employment Agreement constituting Exhibit 10-aa hereto entered into by Meritor, Inc. and each of the following persons:
