FORM (FOR U.S. EMPLOYEES) OF LYDALL, INC. PERFORMANCE SHARE AWARD AGREEMENT (Three-Year Period)Performance Share Award Agreement • May 5th, 2014 • Lydall Inc /De/ • Motor vehicle parts & accessories • Delaware
THIS PERFORMANCE SHARE AWARD AGREEMENT (this “Agreement”) is made between Lydall, Inc., a Delaware corporation (“Lydall”), and the recipient (the “Recipient”) with respect to an Award under Lydall’s 2012 Stock Incentive Plan (the “Plan”) pursuant to the award letter (the “Award Letter”), dated [_________], from Lydall to the Recipient. All capitalized terms used but not defined in this Agreement shall have the same meanings that have been ascribed to them in the Plan, unless the context clearly requires otherwise.
