Inducement Award Agreement (Performance Share Units) Sample Contracts

COHERENT CORP. INDUCEMENT AWARD AGREEMENT (PERFORMANCE SHARE UNITS)
Inducement Award Agreement (Performance Share Units) • November 14th, 2024 • Coherent Corp. • Optical instruments & lenses • Pennsylvania

THIS INDUCEMENT AWARD AGREEMENT (PERFORMANCE SHARE UNITS) (this “Agreement”) is dated as of November 14, 2024 (the “Grant Date”) by and between Coherent Corp., a Pennsylvania corporation (“Coherent”), and the Sherri R. Luther, the newly hired Chief Financial Officer and Treasurer of Coherent (the “Recipient”), all as contemplated by the offer letter of employment by and between Coherent and Recipient dated October 10, 2024 (the “Offer Letter”). This Agreement amends and restates in its entirety the award agreement originally furnished to the Recipient to reflect an agreed-to change in the Performance Period.

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