PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD AGREEMENTRestricted Stock Unit Award Agreement • February 28th, 2020 • Ecolab Inc. • Soap, detergents, cleang preparations, perfumes, cosmetics • Minnesota
THIS AGREEMENT is entered into and effective as of [●] (the “Date of Grant”), by and between Ecolab Inc. (the “Company”) and [●] (the “Grantee”).
ECOLAB INC. (the "Company") RESTRICTED STOCK UNIT AWARD AGREEMENTRestricted Stock Unit Award Agreement • February 28th, 2020 • Ecolab Inc. • Soap, detergents, cleang preparations, perfumes, cosmetics • Minnesota
The Company has adopted the Ecolab Inc. 2010 Stock Incentive Plan, as amended and restated effective May 2, 2013 (the “Plan”) to grant restricted Stock Unit Awards to certain employees of the Company and its Subsidiaries. The Company hereby grants to you (the "Grantee") on the date set forth in your grant notice (the "Date of Grant") a restricted Stock Unit Award (the “Award”) consisting of the number of units set forth in the Grantee's grant notice (the “Award Units”), each of which is a bookkeeping entry representing the right to receive one share of the Company’s common stock, par value $1.00 per share (the “Common Stock”). The Award and Award Units are subject to the terms, conditions, restrictions and risk of forfeiture set forth in this agreement (the "Agreement") and in the Plan.
