XYLEM [YEAR] NON-QUALIFIED STOCK OPTION AWARD AGREEMENT FOR CERTAIN EXECUTIVES & EXECUTIVE OFFICERS AS APPROVED BY THE LEADERSHIP DEVELOPMENT AND COMPENSATION COMMITTEENon-Qualified Stock Option Award Agreement • August 3rd, 2021 • Xylem Inc. • Pumps & pumping equipment • New York
This Agreement (the “Agreement”) between Xylem Inc. (the “Company”) and ###PARTICIPANT_NAME### (the “Participant”) is effective as of ###GRANT_DATE###. Terms used in this Agreement that are not defined in this Agreement are defined in the Company’s 2011 Omnibus Incentive Plan (the “Plan”). This Agreement is only being provided in English. The Participant is an employee of the Company or an Affiliate. In recognition of the Participant’s valued services, the Company, through the Leadership Development and Compensation Committee of its Board of Directors (the “Committee”), is providing the Participant an inducement to remain employed and an incentive for increased efforts while employed. In consideration of the terms and conditions in this Agreement, the parties agree as follows:
