RE: Amendment to Outstanding Restricted Stock and Long Term Performance Unit (“LTPU”) Award AgreementsAmendment to Outstanding Restricted Stock and Long Term Performance Unit Award Agreements • November 4th, 2016 • Tenneco Inc • Motor vehicle parts & accessories
Contract Type FiledNovember 4th, 2016 Company IndustryYou are receiving this notice because you are the holder of Restricted Stock Awards and/or LTPU Awards granted under the Tenneco Inc. 2006 Long-Term Incentive Plan (the “LTIP”). Recently, there were some changes in the accounting rules applicable to equity-based compensation that permitted us to amend the LTIP and outstanding awards to make the tax withholding provisions more flexible for participants.