Award and Repayment Agreement Sample Contracts

Hillenbrand, Inc. Cash Award and Repayment Agreement August 7, 2014
Award and Repayment Agreement • November 19th, 2014 • Hillenbrand, Inc. • Miscellaneous manufacturing industries

Hillenbrand, Inc. (the “Company”) shall pay Kristina Cerniglia (“you”) a cash award equal to $650,000, less applicable taxes (the “Award”), as an inducement to you and in recognition of the forfeiture of outstanding compensation from your previous employer. In the event you terminate employment with the Company without “Good Reason” or you are terminated for “Cause” (as such terms are defined in your employment agreement), you shall repay all or some portion of the Award as follows:

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