RESTRICTED STOCK UNIT AWARD AGREEMENT THE TORO COMPANY 2022 EQUITY AND INCENTIVE PLANRestricted Stock Unit Award Agreement • March 16th, 2022 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware
This Agreement (this “Agreement”) dated ________ (the “Grant Date”), between The Toro Company, a Delaware corporation (“TTC”), and ____________________ (“you”) sets forth the terms and conditions of the grant to you of a restricted stock unit (“RSU”) award (this “RSU Award”) that will settle in ________ shares of common stock, par value $1.00 per share, of TTC (“Award Shares”) under The Toro Company 2022 Equity and Incentive Plan, as such plan may be amended from time to time (the “Plan”). This RSU Award is subject to all of the terms and conditions set forth in the Plan, this Agreement and the RSU Award Acceptance Agreement should you decide to accept this RSU Award. All of the terms in this Agreement and the RSU Award Acceptance Agreement that begin with a capital letter are either defined in this Agreement or in the Plan. Except as otherwise indicated, for purposes of this Agreement and the RSU Award Acceptance Agreement, any reference to “Employer” shall mean the entity (TTC or any
Annual Performance Award Agreement Fiscal XXXX The Toro Company 2022 Equity and Incentive PlanAnnual Performance Award Agreement • March 16th, 2022 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware
This Agreement (this “Agreement”) dated __________ (“Grant Date”) between The Toro Company, a Delaware corporation (“TTC”), and __________ (“you”) sets forth the terms and conditions of a grant to you of an annual performance award (this “Annual Performance Award”) under The Toro Company 2022 Equity and Incentive Plan, as such plan may be amended from time to time (the “Plan”). This Annual Performance Award is subject to all of the terms and conditions set forth in the Plan, this Agreement and the Annual Performance Award Acceptance Agreement should you decide to accept this Annual Performance Award. All of the terms in this Agreement and the Annual Performance Award Acceptance Agreement that begin with a capital letter are either defined in this Agreement or in the Plan. Except as otherwise indicated, for purposes of this Agreement and the Annual Performance Award Acceptance Agreement, any reference to “Employer” shall mean the entity (TTC or any Affiliate or Subsidiary) that employs
PERFORMANCE SHARE AWARD AGREEMENT THE TORO COMPANY 2022 EQUITY AND INCENTIVE PLANPerformance Share Award Agreement • March 16th, 2022 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware
This Agreement (this “Agreement”) dated ____________ between The Toro Company, a Delaware corporation (“TTC”), and _____________________ (“you”) sets forth the terms and conditions of a grant to you of a performance share award (this “Performance Share Award”) under The Toro Company 2022 Equity and Incentive Plan, as such plan may be amended from time to time (the “Plan”). This Performance Share Award is subject to all of the terms and conditions set forth in the Plan, this Agreement and the Performance Share Award Acceptance Agreement should you decide to accept this Performance Share Award. All of the terms in this Agreement and the Performance Share Award Acceptance Agreement that begin with a capital letter are either defined in this Agreement or in the Plan. Except as otherwise indicated, for purposes of this Agreement and the Performance Share Award Acceptance Agreement, any reference to “Employer” shall mean the entity (TTC or any Affiliate or Subsidiary) that employs you.
NONQUALIFIED STOCK OPTION AGREEMENT THE TORO COMPANY 2022 EQUITY AND INCENTIVE PLANNonqualified Stock Option Agreement • March 16th, 2022 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware
This Agreement (this “Agreement”) dated _________ (the “Grant Date”), between The Toro Company, a Delaware corporation (“TTC”), and _______________________ (“you”) sets forth the terms and conditions of the grant to you of a nonqualified stock option (this “Option”) to purchase ________ shares of common stock, par value $1.00 per share, of TTC (“Shares”) at an exercise price of ________ per Share, under The Toro Company 2022 Equity and Incentive Plan, as such plan may be amended from time to time (the “Plan”). This Option is subject to all of the terms and conditions set forth in the Plan, this Agreement and the Nonqualified Stock Option Acceptance Agreement should you decide to accept this Option. All of the terms in this Agreement and the Nonqualified Stock Option Acceptance Agreement that begin with a capital letter are either defined in this Agreement or in the Plan. Except as otherwise indicated, for purposes of this Agreement and the Nonqualified Stock Option Acceptance Agreement
NONEMPLOYEE DIRECTOR STOCK OPTION AGREEMENT THE TORO COMPANY 2022 EQUITY AND INCENTIVE PLANNonemployee Director Stock Option Agreement • March 16th, 2022 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware
This Agreement (this “Agreement”) dated ________ (the “Grant Date”), between The Toro Company, a Delaware corporation (“TTC”), and _________________ (“you”) sets forth the terms and conditions of the grant to you of a nonqualified stock option (this “Option”) to purchase __________ shares of common stock, par value $1.00 per share, of TTC (“Shares”) at an exercise price of ________ per Share, under The Toro Company 2022 Equity and Incentive Plan, as such plan may be amended from time to time (the “Plan”). This Option is subject to all of the terms and conditions set forth in the Plan, this Agreement and the Nonemployee Director Stock Option Acceptance Agreement should you decide to accept this Option. All of the terms in this Agreement and the Nonemployee Director Stock Option Acceptance Agreement that begin with a capital letter are either defined in this Agreement or in the Plan.
