PERFORMANCE-BASED RESTRICTED STOCK UNIT AGREEMENTPerformance-Based Restricted Stock Unit Agreement • March 23rd, 2015 • Sciquest Inc • Services-prepackaged software • Delaware
SciQuest, Inc., a Delaware corporation (the “Company”), hereby grants as of the date (the “Grant Date”) noted below to the recipient named below (“Recipient”) this performance-based restricted stock unit (this “PSU”) pursuant to this Performance-Based Restricted Stock Unit Agreement (this “Agreement”) comprised of the number of performance-based restricted stock units (the “Units”) noted below whereby the Recipient may become entitled to be paid one share of Common Stock of the Company (“Shares”) for each Unit noted below (on a one-for-one basis) in accordance with, and subject to all of the terms and conditions of, this Agreement and the SciQuest, Inc. 2013 Stock Incentive Plan (the “Plan”). Unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed to them in the Plan. The terms and conditions set forth herein and in the Plan are incorporated herein by reference.
