Performance-Based Restricted Stock Units Agreement Sample Contracts

NEW JERSEY RESOURCES CORPORATION
Performance-Based Restricted Stock Units Agreement • November 21st, 2023 • New Jersey Resources Corp • Natural gas distribution • New Jersey

This Performance-Based Restricted Stock Units Agreement (the “Agreement”), which includes the attached “Terms and Conditions of Performance-Based Restricted Stock Units” (the “Terms and Conditions”) and the attached Exhibit A captioned “Performance Goals and Vesting of Performance-Based Restricted Stock Units”, confirms the grant on November __, 2023 (the “Grant Date”) by NEW JERSEY RESOURCES CORPORATION, a New Jersey corporation (the “Company”), to (“Employee”), under Sections 6(e), 6(i) and 7 of the 2017 Stock Award and Incentive Plan (the “Plan”), of Performance-Based Restricted Stock Units (the “Performance-Based Restricted Stock Units”), including rights to dividends paid on the Performance-Based Restricted Stock Units as specified herein, as follows:

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PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT
Performance-Based Restricted Stock Units Agreement • May 8th, 2024 • Atlanta Braves Holdings, Inc. • Services-amusement & recreation services • Delaware

THIS PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT (this “Agreement”) is made and effective as of the date specified in Schedule I hereto (the “Grant Date”), by and between the issuer specified in Schedule I hereto (the “Company”) and you.

ATLANTA BRAVES HOLDINGS, INC. PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT
Performance-Based Restricted Stock Units Agreement • May 8th, 2024 • Atlanta Braves Holdings, Inc. • Services-amusement & recreation services • Colorado

THIS PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT (this “Agreement”) is entered into effective as of [●] by and between ATLANTA BRAVES HOLDINGS, INC., a Nevada corporation (the “Company”), and Gregory B. Maffei (the “Grantee”).

PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT
Performance-Based Restricted Stock Units Agreement • February 19th, 2020 • Liberty TripAdvisor Holdings, Inc. • Services-computer processing & data preparation • Colorado

THIS PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT (this “Agreement”) is made as of the date set forth on Schedule I hereto (the “Grant Date”), by and between the issuer identified in Schedule I of this Agreement (the “Company”), and the recipient (the “Grantee”) of an Award of Restricted Stock Units (as defined below) granted by the Compensation Committee of the Board of Directors of the Company as set forth in this Agreement.

MAGNACHIP SEMICONDUCTOR CORPORATION PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT
Performance-Based Restricted Stock Units Agreement • November 8th, 2022 • MAGNACHIP SEMICONDUCTOR Corp • Semiconductors & related devices • Delaware

Magnachip Semiconductor Corporation (the “Company”) has granted to the Participant named in the Notice of Grant of Performance-Based Restricted Stock Units (the “Grant Notice”) to which this Performance-Based Restricted Stock Units Agreement (this “Agreement”) is attached an Award consisting of Restricted Stock Units subject to the terms and conditions set forth in the Grant Notice and this Agreement. The appendix attached hereto (the “Appendix”) and the terms and conditions for the Participant’s country set forth therein are incorporated by reference into this Agreement. The Participant shall be entitled to Dividend Equivalent Rights with respect to the Award.

SKYWARD SPECIALTY INSURANCE GROUP, INC. PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT UNDER THE SKYWARD SPECIALTY INSURANCE GROUP, INC. 2022 LONG- TERM INCENTIVE PLAN (COMBINED RATIO)
Performance-Based Restricted Stock Units Agreement • April 1st, 2024 • Skyward Specialty Insurance Group, Inc. • Fire, marine & casualty insurance • Delaware

This Notice evidences the award of performance-based restricted stock units (each, a “PSU,” and collectively, the “PSUs”) of Skyward Specialty Insurance Group, Inc., a Delaware corporation (the “Company”), that have been granted to you pursuant to the Skyward Specialty Insurance Group, Inc. 2022 Long-Term Incentive Plan (the “Plan”) and conditioned upon your agreement to the terms of the attached Performance-Based Restricted Stock Units Agreement (the “Agreement”). This Notice constitutes part of and is subject to the terms and provisions of the Agreement and the Plan, which are incorporated by reference herein. Each PSU is equivalent in value to one share of the Company’s Common Stock and represents the Company’s commitment to issue one share of the Company’s Common Stock at a future date, subject to the terms of the Agreement and the Plan. The PSUs are credited to a separate account maintained for you on the books and records of the Company (the “Account”). All amounts credited to th

LIBERTY MEDIA CORPORATION (As Established as of May 24, 2017) PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT
Performance-Based Restricted Stock Units Agreement • December 19th, 2019 • Liberty Media Corp • Television broadcasting stations • Colorado

THIS PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT (this “Agreement”) is entered into effective as of [Date], 2020 by and between LIBERTY MEDIA CORPORATION, a Delaware corporation (the “Company”), and Gregory B. Maffei (the “Grantee”).

Time Warner Cable Inc. Performance-Based Restricted Stock Units Agreement General Terms and Conditions
Performance-Based Restricted Stock Units Agreement • February 18th, 2014 • Time Warner Cable Inc. • Cable & other pay television services • New York

WHEREAS, Time Warner Cable Inc. (the “Company”) has adopted the Plan (as defined below), the terms of which are hereby incorporated by reference and made a part of this Performance-Based Restricted Stock Units Agreement (the “Agreement”); and

CECO ENVIRONMENTAL CORP. Performance-Based Restricted Stock Units Agreement
Performance-Based Restricted Stock Units Agreement • October 5th, 2023 • Ceco Environmental Corp • Industrial & commercial fans & blowers & air purifing equip • Delaware

This PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT (this “Agreement”) is made as of the date set forth above (the “Date of Grant”) by and between CECO Environmental Corp., a Delaware corporation (the “Company”), and the individual named above (the “Grantee”).

Performance-Based Restricted Stock Units Agreement
Performance-Based Restricted Stock Units Agreement • May 1st, 2019 • Timken Co • Ball & roller bearings • Ohio

WHEREAS, the Company has granted the performance-based Restricted Stock Units evidenced by this Performance-Based Restricted Stock Units Agreement (this “Agreement”), effective as of _________, 20__ (the "Date of Grant").

USG CORPORATION AMENDED AND RESTATED PERFORMANCE BASED RESTRICTED STOCK UNITS AGREEMENT
Performance Based Restricted Stock Units Agreement • February 14th, 2012 • Usg Corp • Concrete, gypsum & plaster products • Delaware

WHEREAS, the Board of Directors of the Company (the “Board”) has granted to the Grantee, as set forth in the Award Summary on the Morgan Stanley Smith Barney website on the “Date of Grant”, performance based Restricted Stock Units (as defined in the Plan) (the “PBRSUs”) pursuant to the Company’s Long-Term Incentive Plan, as amended (the “Plan”), subject to the terms and conditions of the Plan and the terms and conditions hereinafter set forth;

SKYWARD SPECIALTY INSURANCE GROUP, INC. PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT UNDER THE SKYWARD SPECIALTY INSURANCE GROUP, INC. 2022 LONG- TERM INCENTIVE PLAN (Relative GBVPS)
Performance-Based Restricted Stock Units Agreement • March 28th, 2023 • Skyward Specialty Insurance Group, Inc. • Fire, marine & casualty insurance • Delaware

This Notice evidences the award of performance-based restricted stock units (each, an “PSU,” and collectively, the “PSUs”) of Skyward Specialty Insurance Group, Inc., a Delaware corporation (the “Company”), that have been granted to you pursuant to the Skyward Specialty Insurance Group, Inc. 2022 Long-Term Incentive Plan (the “Plan”) and conditioned upon your agreement to the terms of the attached Performance-Based Restricted Stock Units Agreement (the “Agreement”). This Notice constitutes part of and is subject to the terms and provisions of the Agreement and the Plan, which are incorporated by reference herein. Each PSU is equivalent in value to one share of the Company’s Common Stock and represents the Company’s commitment to issue one share of the Company’s Common Stock at a future date, subject to the terms of the Agreement and the Plan. The PSUs are credited to a separate account maintained for you on the books and records of the Company (the “Account”). All amounts credited to t

HORACE MANN EDUCATORS CORPORATION 2010 Comprehensive Executive Compensation Plan Performance-based Restricted Stock Units Agreement – Employee Grantee
Performance-Based Restricted Stock Units Agreement • May 10th, 2023 • Horace Mann Educators Corp /De/ • Fire, marine & casualty insurance • Delaware

This Restricted Stock Units Agreement (“Agreement”) (consisting of the Designations herein and the Restricted Stock Units Terms and Conditions attached hereto) evidences the grant by HORACE MANN EDUCATORS CORPORATION, a Delaware corporation (the “Company”) to you of performance-based Restricted Stock Units (“PBRSUs”) under the 2010 Comprehensive Executive Compensation Plan (as amended from time to time) (the “Plan”), as an employee of the Company. Capitalized terms not otherwise defined in this Agreement have the meanings assigned to them in the Plan.

PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT (Special Strategic Grant to Darren M. Rebelez)
Performance-Based Restricted Stock Units Agreement • December 26th, 2019 • Caseys General Stores Inc • Retail-auto dealers & gasoline stations • Iowa

This performance-based Restricted Stock Units Agreement (the “Agreement”) is made and entered into on December 23, 2019 (the “Grant Date”), pursuant to the Casey’s General Stores, Inc. 2018 Stock Incentive Plan (the “Plan”). The Committee administering the Plan has selected the party specified on the summary award page attached hereto as Annex A (the “Award Summary”) (such party, the “Participant”) to receive the award described therein (the “Award”) of performance-based Restricted Stock Units, each of which represents the right to receive on the applicable settlement date described therein (each a “Settlement Date”) one (1) share of the Common Stock, no par value (“Stock”) of Casey’s General Stores, Inc., an Iowa corporation (the “Company”), on the terms and conditions set forth below to which Participant accepts and agrees:

AMERICAN SCIENCE AND ENGINEERING, INC. Performance-Based Restricted Stock Units Granted Under the 2014 Equity and Incentive Plan
Performance-Based Restricted Stock Units Agreement • August 4th, 2015 • American Science & Engineering, Inc. • X-ray apparatus & tubes & related irradiation apparatus • Massachusetts

American Science and Engineering, Inc. (the “Company”) has granted you a restricted stock units award, which is subject to the provisions of the Company’s 2014 Equity and Incentive Plan (the “Plan”) and the terms and conditions contained in this Restricted Stock Units Agreement (this “Agreement”). Please confirm your acceptance of this award (the “Award”) and of the terms and conditions of this Agreement and in the Plan by signing a copy of this Agreement where indicated below.

VIAD CORP 2007 OMNIBUS INCENTIVE PLAN PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT
Performance-Based Restricted Stock Units Agreement • February 26th, 2009 • Viad Corp • Services-business services, nec • Delaware

Performance-Based Restricted Stock Units (Units) are hereby awarded by Viad Corp (Corporation), a Delaware corporation, effective , 20 , to (Employee) in accordance with the following restrictions, terms and conditions:

AGREEMENT FOR PERFORMANCE-BASED RESTRICTED STOCK UNITS UNDER THE TIDEWATER INC. AMENDED AND RESTATED 2021 STOCK INCENTIVE PLAN
Performance-Based Restricted Stock Units Agreement • November 3rd, 2022 • Tidewater Inc • Water transportation • Texas

THIS AGREEMENT is entered into as of [________________] (the “Date of Grant”) by and between Tidewater Inc., a Delaware corporation (“Tidewater,” and together with its subsidiaries, the “Company”), and [___________________] the “Employee”). Capitalized terms used, but not defined, in this Agreement have the respective meanings provided in the Tidewater Inc. Amended and Restated 2021 Stock Incentive Plan (the “Plan”).

MOLYCORP, INC. PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT
Performance-Based Restricted Stock Units Agreement • March 5th, 2012 • Molycorp, Inc. • Metal mining • Delaware

WHEREAS, the grant of performance-based Restricted Stock Units was authorized by a resolution of the Compensation Committee of the Board (the “Compensation Committee”) that was duly adopted on , 20 (the “Date of Grant”), and the execution of a performance-based Restricted Stock Units agreement substantially in the form hereof (this “Agreement”) to evidence such grant was authorized by a resolution of the Compensation Committee that was duly adopted on , 20 .

Form of International Performance-Based RSU Agreement (2014 Plan) OM GROUP, INC. PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT
Performance-Based Restricted Stock Units Agreement • August 27th, 2014 • Om Group Inc • Miscellaneous manufacturing industries

THIS PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT (the “Agreement”), dated as of , 201 , is by and between OM GROUP, INC. (the “Company”) and (the “Participant”). All terms used in this Agreement with initial capital letters and not otherwise defined in this Agreement that are defined in the Company’s 2014 Equity and Incentive Compensation Plan (the “Plan”) shall have the meanings assigned to them in the Plan.

RUBIO’S RESTAURANTS, INC. PERFORMANCE BASED RESTRICTED STOCK UNITS AGREEMENT
Performance Based Restricted Stock Units Agreement • January 14th, 2010 • Rubios Restaurants Inc • Retail-eating places • California

Rubio’s Restaurants, Inc. has granted to the Participant named in the Notice of Grant of Restricted Stock Units (the “Grant Notice”) to which this Restricted Stock Units Agreement (the “Agreement”) is attached an award (the “Award”) consisting of Restricted Stock Units (the “Units”) subject to the terms and conditions set forth in the Grant Notice and this Agreement. The Award has been granted pursuant to and shall in all respects be subject to the terms conditions of the Rubio’s Restaurants, Inc. 2008 Equity Incentive Plan (the “Plan”), as amended to the Grant Date, the provisions of which are incorporated herein by reference. By signing the Grant Notice, the Participant: (a) acknowledges receipt of and represents that the Participant has read and is familiar with the Grant Notice, this Agreement, the Plan and a prospectus for the Plan prepared in connection with the registration with the Securities and Exchange Commission of the Shares issuable pursuant to the Award (the “Plan Prospe

FIRST AMENDMENT TO PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT
Performance-Based Restricted Stock Units Agreement • October 2nd, 2009 • Maguire Properties Inc • Real estate investment trusts

THIS FIRST AMENDMENT TO PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT (this “First Amendment”), is made as of October 1, 2009, by and between Maguire Properties, Inc., a Maryland corporation (the “Company”), Maguire Properties, L.P., a Maryland limited partnership (the “Partnership”), and Nelson C. Rising (the “Executive”). Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to such terms in the RSU Agreement (as defined below).

HORACE MANN EDUCATORS CORPORATION Specimen Performance-Based Restricted Stock Units Agreement – Employee
Performance-Based Restricted Stock Units Agreement • August 9th, 2011 • Horace Mann Educators Corp /De/ • Fire, marine & casualty insurance • Delaware

This Performance-Based Restricted Stock Units Agreement (“Agreement”) (consisting of this page containing designations and the Performance-Based Restricted Stock Units Terms and Conditions attached hereto or delivered concurrently herewith) evidences the grant by HORACE MANN EDUCATORS CORPORATION, a Delaware corporation (the “Company”) to you of performance-based Restricted Stock Units (“Units”) under the 2010 Comprehensive Executive Compensation Plan (“Plan”).

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PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT
Performance-Based Restricted Stock Units Agreement • May 19th, 2008 • Maguire Properties Inc • Real estate investment trusts • California

THIS PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT (this “Agreement”) is made effective as of May 17, 2008 (the “Grant Date”), between Maguire Properties, Inc., a Maryland corporation (the “Company”), Maguire Properties, L.P., a Maryland limited partnership (the “Partnership”), and Nelson C. Rising (the “Executive” or “Restricted Stock Unit Holder”).

USG CORPORATION PERFORMANCE BASED RESTRICTED STOCK UNITS AGREEMENT
Performance Based Restricted Stock Units Agreement • October 26th, 2012 • Usg Corp • Concrete, gypsum & plaster products • Delaware

WHEREAS, the Board of Directors of the Company (the “Board”) has granted to the Grantee, effective as of July 18, 2012 (the “Date of Grant”), _______ performance based Restricted Stock Units (as defined in the Plan) (the “PBRSUs”) pursuant to the Company’s Long-Term Incentive Plan, as amended (the “Plan”), subject to the terms and conditions of the Plan and the terms and conditions hereinafter set forth; and

Performance-Based Restricted Stock Units Agreement – Key Strategic Grantee
Performance-Based Restricted Stock Units Agreement • May 6th, 2016 • Horace Mann Educators Corp /De/ • Fire, marine & casualty insurance • Delaware

This Performance-Based Restricted Stock Units Agreement (“Agreement”) (consisting of this designations page and the Performance-Based Restricted Stock Units Terms and Conditions attached hereto or delivered concurrently herewith) evidences the grant by HORACE MANN EDUCATORS CORPORATION, a Delaware corporation (the “Company”) to you of performance-based Restricted Stock Units (“Units”) under the 2010 Comprehensive Executive Compensation Plan (as amended and restated effective May 20, 2015) (“Plan”), as an employee of the Company.

PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT
Performance-Based Restricted Stock Units Agreement • March 2nd, 2015 • Om Group Inc • Miscellaneous manufacturing industries

THIS PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT (the “Agreement”), dated as of __________ ___, 201__, is by and between OM GROUP, INC. (the “Company”) and __________ (the “Participant”). All terms used in this Agreement with initial capital letters and not otherwise defined in this Agreement that are defined in the Company’s 2014 Equity and Incentive Compensation Plan (the “Plan”) shall have the meanings assigned to them in the Plan.

XERIUM TECHNOLOGIES, INC. PERFORMANCE BASED RESTRICTED STOCK UNITS AGREEMENT Dated as of March 29, 2007
Performance Based Restricted Stock Units Agreement • March 30th, 2007 • Xerium Technologies Inc • Broadwoven fabric mills, man made fiber & silk • Delaware

In recognition of the important contributions that (the “Employee”) can make to the success of Xerium Technologies, Inc. (the “Company”) and its Affiliates (together with the Company, the “Company Group”), pursuant to the Xerium Technologies, Inc. 2005 Equity Incentive Plan (the “Plan”), the Company hereby grants to the Employee the Restricted Stock Units Award described below.

CONAGRA BRANDS, INC. Performance-Based Restricted Stock Units Agreement
Performance-Based Restricted Stock Units Agreement • April 16th, 2019 • Conagra Brands Inc. • Food and kindred products • Delaware

This PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT (this “Agreement”) is made as of April 15, 2019, by and between Conagra Brands, Inc., a Delaware corporation (the “Company”), and (the “Grantee”).

THE TIMKEN COMPANY Performance-Based Restricted Stock Units Agreement
Performance-Based Restricted Stock Units Agreement • April 30th, 2024 • Timken Co • Ball & roller bearings • Ohio

THIS PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT (this “Agreement”) is made by and between The Timken Company, an Ohio corporation (the “Company”), and the undersigned Grantee pursuant to The Timken Company 2019 Equity and Incentive Compensation Plan, as may be amended or amended and restated from time to time (the “Plan”), effective as of the Date of Grant, which is provided, along with additional grant details, on the secure web portal of the third-party vendor used by the Company for the administration of the Plan (such information is referred to herein as the “Grant Summary”). All terms used in this Agreement with initial capital letters that are defined in the Plan and not otherwise defined herein shall have the meanings assigned to them in the Plan.

CLARCOR INC. AGREEMENT
Performance-Based Restricted Stock Units Agreement • March 20th, 2015 • Clarcor Inc. • Motor vehicle parts & accessories

This agreement (this “Agreement”) made as of January 30, 2015 (the “Award Date”), between CLARCOR Inc., a Delaware corporation (the “Company”), and __________ (the “Participant”), relates to the grant to the Participant by the Company of performance-based Restricted Stock Units pursuant to the Company’s 2014 Incentive Plan (the “Plan”). Applicable provisions of the Plan are incorporated herein as though set forth herein in full. Capitalized terms used herein and not otherwise defined herein shall have the respective meanings specified in the Plan.

LDR HOLDING CORPORATION PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT
Performance-Based Restricted Stock Units Agreement • February 20th, 2015 • LDR Holding Corp • Surgical & medical instruments & apparatus • Texas

LDR Holding Corporation has granted to the Participant named in the Notice of Grant of Performance-Based Restricted Stock Units (the “Grant Notice”) to which this Performance-Restricted Stock Units Agreement (the “Agreement”) is attached an Award consisting of Restricted Stock Units subject to the terms and conditions set forth in the Grant Notice and this Agreement. The Award has been granted pursuant to and shall in all respects be subject to the terms conditions of the LDR Holding Corporation 2013 Equity Incentive Plan (the “Plan”), as amended, the provisions of which are incorporated herein by reference. By signing the Grant Notice, the Participant: (a) acknowledges receipt of and represents that the Participant has read and is familiar with the Grant Notice, this Agreement, the Plan and a prospectus for the Plan prepared in connection with the registration with the Securities and Exchange Commission of the shares issuable pursuant to the Award (the “Plan Prospectus”), (b) accepts

HORACE MANN EDUCATORS CORPORATION 2010 Comprehensive Executive Compensation Plan (as amended and restated effective May 20, 2015)
Performance-Based Restricted Stock Units Agreement • May 9th, 2017 • Horace Mann Educators Corp /De/ • Fire, marine & casualty insurance • Delaware

This Performance-Based Restricted Stock Units Agreement (“Agreement”) (consisting of this designations page and the Performance-Based Restricted Stock Units Terms and Conditions attached hereto or delivered concurrently herewith) evidences the grant by HORACE MANN EDUCATORS CORPORATION, a Delaware corporation (the “Company”) to you of performance-based Restricted Stock Units (“Units”) under the 2010 Comprehensive Executive Compensation Plan (as amended and restated effective May 20, 2015) (“Plan”), as an employee of the Company.

TIBCO SOFTWARE INC. NOTICE OF AWARD OF PERFORMANCE-BASED RESTRICTED STOCK UNITS
Performance-Based Restricted Stock Units Agreement • March 4th, 2010 • Tibco Software Inc • Services-prepackaged software • Delaware

Unless otherwise defined herein, the terms defined in the 2008 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Notice of Award and in the Terms and Conditions of Restricted Stock Units, attached hereto as Appendix A.

RADISYS CORPORATION 2007 STOCK PLAN (OVERLAY PLAN) Award Agreement for Performance-Based Restricted Stock Units
Performance-Based Restricted Stock Units Agreement • September 10th, 2012 • Radisys Corp • Computer peripheral equipment, nec • Oregon

This Award Agreement (the “Agreement”), dated as of , is made by and between Radisys Corporation (the “Company”) and (the “Participant”).

CECO ENVIRONMENTAL CORP. Performance-Based Restricted Stock Units Agreement
Performance-Based Restricted Stock Units Agreement • March 5th, 2024 • Ceco Environmental Corp • Industrial & commercial fans & blowers & air purifing equip • Delaware

This PERFORMANCE-BASED RESTRICTED STOCK UNITS AGREEMENT (this “Agreement”) is made as of the date set forth above (the “Date of Grant”) by and between CECO Environmental Corp., a Delaware corporation (the “Company”), and the individual named above (the “Grantee”).

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