FORM OF INDEMNIFICATION AGREEMENTIndemnification Agreement • February 21st, 2019 • LyondellBasell Industries N.V. • Industrial organic chemicals • New York
This Indemnification Agreement (this “Agreement”) dated the [•] day of [•], 20[•], by and between LyondellBasell Industries N.V., a public limited liability company formed under the laws of The Netherlands (the “Company”), and [•], an individual (“Indemnitee”).
LYONDELLBASELL INDUSTRIES 2019 PERFORMANCE SHARE UNIT AWARD AGREEMENTPerformance Share Unit Award Agreement • February 21st, 2019 • LyondellBasell Industries N.V. • Industrial organic chemicals
This PSU Award is a Performance Award under the Plan and is subject to all applicable Plan terms, conditions, provisions and administrative interpretations, if any, adopted by the Committee. Except as defined in this Award Agreement, capitalized terms have the same meanings ascribed to them in the Plan. This Award Agreement is intended to satisfy any obligation of the Company to provide a performance share unit award to the Participant under any employment agreement between the Company and the Participant or otherwise, and the Participant agrees and acknowledges that this Award Agreement fulfills the Company’s obligations under the employment agreement, this Award Agreement shall be interpreted and construed to the fullest extent possible consistent with such employment agreement, and in the event of a conflict between the terms of such employment agreement and the terms of this Award Agreement, the terms of this Award Agreement shall control.
AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENTEmployment Agreement • February 21st, 2019 • LyondellBasell Industries N.V. • Industrial organic chemicals
This Amendment No. 2 to Employment Agreement (this “Amendment”) is effective as of November 30, 2018 (the “Amendment Effective Date”), by and among Lyondell Chemical Company, a Delaware corporation (the “Company”), LyondellBasell Industries N.V., a public limited liability company formed under the laws of The Netherlands (the “Parent Company”), and Bhavesh (Bob) V. Patel (the “Executive” and, together with the Company and the Parent Company, the “Parties”).
LYONDELLBASELL INDUSTRIESNonqualified Stock Option Award Agreement • February 21st, 2019 • LyondellBasell Industries N.V. • Industrial organic chemicals
By letter (the “Grant Letter”), effective as of the date specified in the Grant Letter (the “Grant Date”), LyondellBasell Industries N.V. (the “Company”), pursuant to the LyondellBasell Industries Long-Term Incentive Plan, as restated effective February 16, 2017 (the “Plan”), has granted to the Participant a right (the “Option”) to purchase from the Company up to but not exceeding in the aggregate the number of shares of Common Stock (as defined in the Plan) (the “Option Shares”) specified in the Grant Letter at the Grant Price per Option Share specified in the Grant Letter, such number of shares and such price per share being subject to adjustment as provided in the Plan, and further subject to the following terms and conditions (the “Award Agreement”):
LYONDELLBASELL INDUSTRIES 2019 RESTRICTED STOCK UNIT AWARD AGREEMENTRestricted Stock Unit Award Agreement • February 21st, 2019 • LyondellBasell Industries N.V. • Industrial organic chemicals
By letter (the “Grant Letter”), effective as of the date specified in the Grant Letter (the “Grant Date”), LyondellBasell Industries N.V. (the “Company”), pursuant to the LyondellBasell Industries Long-Term Incentive Plan, as restated effective February 16, 2017 (the “Plan”), has granted to the Participant the number of units of Common Stock (as defined in the Plan) specified in the Grant Letter subject to transfer and forfeiture restrictions (“Restricted Stock Units”). These grants are all subject to adjustment as provided in the Plan, and the following terms and conditions (the “Award Agreement”):
