GRANITE CONSTRUCTION INCORPORATED LONG TERM INCENTIVE PLANGranite Construction Incorporated • March 30th, 2020 • Granite Construction Inc • Heavy construction other than bldg const - contractors • California
The Compensation Committee of the Board of Directors of Granite Construction Incorporated (the "Compensation Committee") has selected you for participation in the Granite Construction Incorporated Long Term Incentive Plan (the "LTIP"). Under the terms of the LTIP (a copy of which is attached as Exhibit A to this Agreement) you may earn a bonus payable in restricted stock units upon the achievement of certain performance targets as determined by the Compensation Committee and described in Exhibit B to this Agreement. Unless otherwise defined herein, capitalized terms shall have the meanings set forth in the LTIP.
