YEAR] LONG TERM INCENTIVE PROGRAM AWARD AGREEMENT pursuant to the OWENS CORNING PERFORMANCE SHARE UNIT AWARDPerformance Share Unit Award 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.
YEAR] LONG TERM INCENTIVE PROGRAM AWARD AGREEMENT pursuant to the OWENS CORNING RESTRICTED STOCK UNIT AWARDRestricted Stock Unit Award 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] restricted 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”). Each Unit shall provide for the issuance and transfer to the Holder of one share of Stock upon the lapse of the restrictions set forth in Section 1 hereof. Upon issuance and transfer of the shares of Stock subject to the Units following the lapse of the Restriction Period, the Holder shall have all rights incident to ownership of such shares, including but not limited to voting rights and the right to receive dividends. References to employment by the Company shall also mean employment by a Subsidiary. Capitalized terms not defined herein
OWENS CORNING 2013 STOCK PLAN DEFERRED STOCK UNIT AWARD AGREEMENTDeferred Stock Unit Award Agreement • 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 AWARDRestricted Stock Award 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.
