TEAM, INC. Performance-Based Stock Unit AgreementTeam Inc • October 17th, 2008 • Services-miscellaneous repair services • Texas
TEAM, INC., (the “Company”), is pleased to grant you this Award of Performance-Based Stock Units representing the right to receive shares of the Company’s Common Stock (the “Shares”), subject to the terms and conditions of the Team, Inc. 2006 Stock Incentive Plan (the “Plan”) and as described below. The number of Stock Units that are awarded to you is stated above. Each Stock Unit represents the right to receive one Share. As a material inducement to the Company to grant you this Award, you agree to the following terms and conditions. You agree that you are not otherwise entitled to this Award, that the Company is providing you this Award in consideration for your promises and agreements below, and that the Company would not grant you this Award absent those promises and agreements.
TEAM, INC. Stock Unit AgreementUnit Agreement • October 17th, 2008 • Team Inc • Services-miscellaneous repair services • Texas
TEAM, INC., (the “Company”), is pleased to grant you Stock Units representing the right to receive shares of the Company’s Common Stock (“Shares”), subject to the terms and conditions of the Team, Inc. 2006 Stock Incentive Plan (the “Plan”) and as described below. The number of Stock Units that are awarded to you is stated above. Each Stock Unit represents the right to receive one Share. As a material inducement to the Company to grant you this Award, you agree to the following terms and conditions. You agree that you are not otherwise entitled to this Award, that the Company is providing you this Award in consideration for your promises and agreements below, and that the Company would not grant you this Award absent those promises and agreements.
