PERFORMANCE SHARE AWARD AGREEMENT (Expeditors International of Washington, Inc. 2017 Omnibus Incentive Plan)Performance Share Award Agreement • August 7th, 2019 • Expeditors International of Washington Inc • Arrangement of transportation of freight & cargo • Washington
THIS AGREEMENT, dated as of [date] (“Agreement”), is entered into between Expeditors International of Washington, Inc., a Washington corporation (the “Company”), and [recipient], an employee of the Company or an affiliate of the Company (“Participant”). This Agreement sets forth the terms and conditions of a Performance Share Award representing the right to receive shares of Common Stock (“Common Stock”), par value $.01 per share, of the Company granted by the Company pursuant to its 2017 Omnibus Incentive Plan, which was approved by shareholders on May 2, 2017 (the “Plan”). Capitalized terms that are not defined in this Agreement shall have the meaning ascribed to such terms in the Plan.
