CHANGE IN CONTROL SEVERANCE AGREEMENTChange in Control Severance Agreement • August 8th, 2022 • Twin Disc Inc • General industrial machinery & equipment • Wisconsin
THIS AGREEMENT is executed and entered into as of the 3rd day of August, 2022 (the “Effective Date”), by and between Twin Disc, Incorporated, a Wisconsin corporation, with its principal offices located at 1328 Racine Street, Racine, Wisconsin ("Corporation"), and _____________________ ("Employee").
RESTRICTED STOCK GRANT AGREEMENTRestricted Stock Grant Agreement • August 8th, 2022 • Twin Disc Inc • General industrial machinery & equipment
WHEREAS, the Company adopted a Long-Term Incentive Compensation Plan in 2021 (the “Plan”), whereby the Compensation and Executive Development Committee of the Board of Directors (the “Committee”) is authorized to award shares of common stock of the Company to officers and key employees carrying restrictions such as a prohibition against disposition and establishing a substantial risk of forfeiture; and
PERFORMANCE STOCK AWARD GRANT AGREEMENTPerformance Stock Award Grant Agreement • August 8th, 2022 • Twin Disc Inc • General industrial machinery & equipment
THIS PERFORMANCE STOCK AWARD GRANT AGREEMENT (the “Agreement”), by and between TWIN DISC, INCORPORATED (the “Company”) and _____________________________________ (the “Employee”) is dated this 3rd day of August, 2022, to memorialize an award of performance stock of even date herewith.
RESTRICTED STOCK UNIT GRANT AGREEMENTRestricted Stock Unit Grant Agreement • August 8th, 2022 • Twin Disc Inc • General industrial machinery & equipment
THIS RESTRICTED STOCK UNIT GRANT AGREEMENT (the “Agreement”), by and between TWIN DISC, INCORPORATED (the “Company”) and ______________________ (the “Employee”), is dated this 3rd day of August, 2022 to memorialize an award of restricted stock units of even date herewith.
