YEAR] LONG TERM INCENTIVE PROGRAM AWARD AGREEMENT pursuant to the OWENS CORNING PERFORMANCE SHARE UNIT AWARDAward Agreement • July 22nd, 2015 • Owens Corning • Abrasive, asbestos & misc nonmetallic mineral prods • Delaware
Owens Corning, a Delaware corporation (the “Company”), hereby grants to [Participant Name] (the “Holder”), as of [Grant Date], (the “Grant Date”), pursuant to the provisions of the Owens Corning 2013 Stock Plan (the “Plan”), [Number of Shares Granted] share-settled Performance Share Units (the “Units”) relating to shares of the Company’s Common Stock, $0.01 par value (“Stock”), upon and subject to the terms and conditions set forth below (the “Award”). The Units comprising the Award may be recorded in an unfunded Unit account in the Holder’s name maintained by the Company. Units shall have no distribution, dividend or voting rights. The Holder will have no rights as a stockholder of the Company by virtue of any award of Units until shares of Stock, if any, are issued to the Holder as described in this Agreement. Capitalized terms not defined herein shall have the meanings specified in the Plan.
OWENS CORNING 2013 STOCK PLAN DEFERRED STOCK UNIT AWARD AGREEMENTCorning 2013 Stock Plan • July 22nd, 2015 • Owens Corning • Abrasive, asbestos & misc nonmetallic mineral prods • Delaware
OWENS CORNING, a Delaware corporation (the “Company”), will grant to [Participant Name] (the “Holder”), effective [Date], pursuant to the provisions of the Owens Corning 2013 Stock Plan (the “Plan”), certain deferred stock units (the “Units”) relating to shares of the Company’s Common Stock, $0.01 par value (“Stock”), upon and subject to the restrictions, terms and conditions set forth below (the “Award”). The Units reflect: (1) the Holder’s election to defer receipt of shares granted to the Holder for service as a Non-Employee Director; and (2) the Holder’s election to receive the Units in lieu of all or part of the Holder’s cash retainer and meeting fees that would otherwise be payable to the Holder for the Holder’s service as a Non-Employee Director. The Units that become subject to this Award shall be determined and granted to the Holder as of each date during [Year] on which shares of Stock or cash would have otherwise been issued or paid to the Holder if the Holder had not made a
YEAR] LONG TERM INCENTIVE PROGRAM AWARD AGREEMENT pursuant to the OWENS CORNING RESTRICTED STOCK AWARDAward Agreement • July 22nd, 2015 • Owens Corning • Abrasive, asbestos & misc nonmetallic mineral prods • Delaware
OWENS CORNING, a Delaware corporation (the “Company”), hereby grants to [Participant Name] (the “Holder”), as of [Grant Date] ( the “Grant Date”), pursuant to the provisions of the Owens Corning 2013 Stock Plan (the “Plan”), a restricted stock award (the “Award”) of [Number of Shares Granted] shares of the Company’s Common Stock, $0.01 par value (“Stock”), upon and subject to the restrictions, terms and conditions set forth below. References to employment by the Company shall also mean employment by a Subsidiary or Affiliate. Capitalized terms not defined herein shall have the meanings specified in the Plan.
