0001564590-20-004040 Sample Contracts

PERCEPTRON, INC. FIRST AMENDED AND RESTATED PERFORMANCE SHARE UNIT AWARD AGREEMENT FOR JAY FREELAND
Performance Share Unit Award Agreement • February 10th, 2020 • Perceptron Inc/Mi • Optical instruments & lenses • Michigan

THIS PERFORMANCE SHARE UNIT AWARD AGREEMENT (the “Award Agreement”) is made effective as of November 12, 2019 (the “Grant Date”), between Perceptron, Inc., a Michigan Corporation (hereinafter called the “Corporation”), and Jay W. Freeland, hereinafter referred to as the “Grantee.” Capitalized terms not otherwise defined herein shall have the same meanings as in the Perceptron, Inc. First Amended and Restated 2004 Stock Incentive Plan, as may be amended from time to time (the terms of which are hereby incorporated by reference and made a part of this Award Agreement) (the “Plan”).

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