Cash-Settled Long-Term Performance Unit Award Agreement Sample Contracts

TENNECO INC. CASH-SETTLED LONG-TERM PERFORMANCE UNIT AWARD AGREEMENT (2020-2022 Performance Period)
Cash-Settled Long-Term Performance Unit Award Agreement • March 2nd, 2020 • Tenneco Inc • Motor vehicle parts & accessories • Illinois

Effective as of [Grant Date] (the “Grant Date”), the Participant has been granted a Cash Incentive Award (the “Award”) under the Tenneco Inc. 2006 Long-Term Incentive Plan (the “Plan”). The Award is subject to the following terms and conditions (sometimes referred to as this “Award Agreement”) and the terms and conditions of the Plan as the same has been and may be amended from time to time. Terms used in this Award Agreement are defined elsewhere in this Award Agreement; provided, however, that, capitalized terms used herein and not otherwise defined shall have the meaning set forth in the Plan.

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