0001564590-19-015717 Sample Contracts

Navient Corporation 2014 Omnibus Incentive Plan Performance Stock Unit Agreement
Performance Stock Unit Agreement • May 3rd, 2019 • Navient Corp • Security brokers, dealers & flotation companies • Delaware

Pursuant to the terms and conditions of the Navient Corporation 2014 Omnibus Incentive Plan, amended and restated as of May 24, 2018 (the “Plan”), the Compensation and Personnel Committee (the “Committee”) of the Navient Corporation Board of Directors (“Board”) hereby grants to ________________ (the “Grantee”) on _____________, 2019 (the “Grant Date”) an award (the “Award”) of __________ shares of Performance Stock Units (“PSUs”), which represent the right to acquire shares of common stock of Navient Corporation (the “Corporation”) subject to the following terms and conditions of this Performance Stock Unit Agreement (the “Agreement”):

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Navient Corporation 2014 Omnibus Incentive Plan Restricted Stock Unit Agreement
Restricted Stock Unit Agreement • May 3rd, 2019 • Navient Corp • Security brokers, dealers & flotation companies • Delaware

Pursuant to the terms and conditions of the Navient Corporation 2014 Omnibus Incentive Plan, amended and restated as of May 24, 2018 (the “Plan”), the Compensation and Personnel Committee (the “Committee”) of the Navient Corporation Board of Directors (the “Board”) hereby grants to __________________ (the “Grantee”) on ______________, 2019 (the “Grant Date”) an award (the “Award”) of __________ Restricted Stock Units (“RSUs”), which represent the right to acquire shares of common stock of Navient Corporation (the “Corporation”) subject to the following terms and conditions of this Restricted Stock Unit Agreement (the “Agreement”):

Navient Corporation 2014 Omnibus Incentive Plan Independent Director Restricted Stock Agreement
Independent Director Restricted Stock Agreement • May 3rd, 2019 • Navient Corp • Security brokers, dealers & flotation companies

Pursuant to the terms and conditions of the Navient Corporation 2014 Omnibus Incentive Plan, amended and restated as of May 24, 2018 (the “Plan”), Navient Corporation (the “Corporation”) hereby grants to __________________ (the “Grantee”) _________ shares of common stock of the Corporation, par value $0.01 (the “Restricted Stock”), on ______________, 2019 (the “Grant Date”) subject to the terms and conditions below. All capitalized terms used herein that are not defined shall have the meanings as set forth in the Plan.

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