Cash-Settled Performance Unit Agreement Sample Contracts

EX-10.3 4 a16-5389_1ex10d3.htm EX-10.3 SPX Corporation CASH-SETTLED PERFORMANCE UNIT AGREEMENT [ ] AWARD
Cash-Settled Performance Unit Agreement • May 5th, 2020 • Delaware

THIS AGREEMENT (the “Agreement”) is made between SPX Corporation, a Delaware corporation (the “Company”), and the Recipient pursuant to the SPX Corporation 2002 Stock Compensation Plan, as amended from time to time, and related plan documents (the “Plan”) in combination with an SPX Performance Unit Summary (the “Award Summary”) to be displayed at the Fidelity website. The Award Summary, which identifies the person to whom the Performance Units are granted (the “Recipient”) and specifies the date (the “Award Date”) and other details of this grant of Performance Units, and the electronic acceptance of this Agreement (which also is to be displayed at the Fidelity website), are incorporated herein by reference. Capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Plan. The parties hereto agree as follows:

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CASH-SETTLED PERFORMANCE UNIT AGREEMENT FOR NON-U.S. PARTICIPANTS Ashland Inc.
Cash-Settled Performance Unit Agreement • November 18th, 2024 • Ashland Inc. • Wholesale-chemicals & allied products
CASH-SETTLED PERFORMANCE UNIT AGREEMENT
Cash-Settled Performance Unit Agreement • November 21st, 2016 • Ashland Global Holdings Inc • Wholesale-chemicals & allied products

This Award is granted under, and subject to, all the terms and conditions of the Long-Term Incentive Plan Program Memorandum (“LTIP”) (Attachment 2) and the Plan, including, but not limited to, the forfeiture provision of Section 16(H) of the Plan. Capitalized terms used but not defined in this Agreement shall have the meanings given such terms in the Plan or the LTIP, as applicable.

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