Performance Stock Unit Award Agreement Sample Contracts

PRIMERICA, INC. PERFORMANCE STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • February 28th, 2024 • Primerica, Inc. • Life insurance • Delaware

Primerica, Inc. (“Primerica”) hereby grants to [NAME] (the “Participant”) performance-based Stock Units pursuant to the Primerica, Inc. 2020 Omnibus Incentive Plan (the “Plan”), subject to the conditions and restrictions detailed below (the “Performance Stock Units”). Terms applicable to the Performance Stock Units are contained in the Plan and in this Performance Stock Unit Award Agreement (the “Agreement”). Capitalized terms not defined herein shall have the meaning assigned to such terms in the Plan.

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AMENDED AND RESTATED] DARDEN RESTAURANTS, INC. 2015 OMNIBUS INCENTIVE PLAN FY 20[__] PERFORMANCE STOCK UNIT AWARD AGREEMENT (United States)
Performance Stock Unit Award Agreement • July 19th, 2024 • Darden Restaurants Inc • Retail-eating places • Florida

This Performance Stock Unit Award Agreement (the “Agreement”) is between Darden Restaurants, Inc., a Florida corporation (the “Company”), and you, a person notified by the Company, and identified in the Company’s records, as the recipient of an Award of performance-based Restricted Stock Units (“Performance Stock Units”) during the Company’s fiscal year 20[__]. This Agreement is effective as of the Grant Date communicated to you and set forth in the Company’s records.

XSIP PERFORMANCE STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • February 23rd, 2024 • Xerox Corp • Computer peripheral equipment, nec • New York

AGREEMENT, by Xerox Holdings Corporation, a New York corporation (the “Company”), dated <<Grant Date>>, (the “Grant Date”) in favor of <<First Name Last Name>> (“Employee”), who is an employee of the Company or of a subsidiary or affiliate thereof (collectively, the “Employer”).

MERIT MEDICAL SYSTEMS, INC 2018 LONG-TERM INCENTIVE PLAN Performance Stock Unit Award Agreement (Three Year Performance Period)
Performance Stock Unit Award Agreement • April 30th, 2024 • Merit Medical Systems Inc • Surgical & medical instruments & apparatus • Utah

This Performance Stock Unit Award Agreement (this “Award Agreement”), dated as of March 4, 2024 (the “Grant Date”), is made by and between Merit Medical Systems, Inc. (the “Company”), and Mike Voigt, an employee of the Company (“you”).

PERFORMANCE STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • March 20th, 2020 • Infuzed Brands Inc. • Beverages • British Columbia

INFUZED BRANDS INC., a British Columbia corporation having a registered address at Suite 1000 - 409 Granville Street, Vancouver BC V6C 1T2

CITIZENS FINANCIAL GROUP, INC. 2014 OMNIBUS INCENTIVE PLAN Performance Stock Unit Award Agreement Terms and Conditions
Performance Stock Unit Award Agreement • February 16th, 2024 • Citizens Financial Group Inc/Ri • State commercial banks • Delaware

Unless defined in this award agreement (this “Award Agreement”), capitalized terms shall have the meanings assigned to them in the Citizens Financial Group, Inc. 2014 Omnibus Incentive Plan (the “Plan”). In the event of a conflict among the provisions of the Plan and this Award Agreement, the provisions of the Plan shall prevail.

SMITH & WESSON BRANDS, INC. 2022 INCENTIVE STOCK PLAN Performance Stock Unit Award Grant Notice and Agreement
Performance Stock Unit Award Agreement • June 22nd, 2023 • Smith & Wesson Brands, Inc. • Ordnance & accessories, (no vehicles/guided missiles) • Nevada
PERFORMANCE STOCK UNIT AWARD AGREEMENT GRANTED UNDER THE LOCKHEED MARTIN CORPORATION THE 2024 – 2026 PERFORMANCE PERIOD THIS DOCUMENT CONSTITUTES PART OF A PROSPECTUS COVERING SECURITIES THAT HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933
Performance Stock Unit Award Agreement • April 23rd, 2024 • Lockheed Martin Corp • Guided missiles & space vehicles & parts

This Award Agreement applies to the Performance Stock Unit (“PSUs”) Award granted by Lockheed Martin Corporation to you as of the Award Date (defined above) under the Lockheed Martin Corporation 2020 Incentive Performance Award Plan (“Plan”). The term “Target Award” as used in this Award Agreement refers only to the Target Award awarded to you under this Award Agreement and the term “Award” refers only to PSUs set forth in this Award Agreement. References to the “Corporation” include Lockheed Martin Corporation and its Subsidiaries.

MERIT MEDICAL SYSTEMS, INC 2018 LONG-TERM INCENTIVE PLAN Performance Stock Unit Award Agreement (Three Year Performance Period)
Performance Stock Unit Award Agreement • April 30th, 2024 • Merit Medical Systems Inc • Surgical & medical instruments & apparatus • Utah

This Performance Stock Unit Award Agreement (this “Award Agreement”), dated as of March 4, 2024 (the “Grant Date”), is made by and between Merit Medical Systems, Inc. (the “Company”), and Fred Lampropoulos, an employee of the Company (“you”).

UNDER THE WATTS WATER TECHNOLOGIES, INC. THIRD AMENDED AND RESTATED 2004 STOCK INCENTIVE PLAN
Performance Stock Unit Award Agreement • May 9th, 2024 • Watts Water Technologies Inc • Miscellaneous fabricated metal products

This award of performance stock units (“Performance Stock Units”) of Watts Water Technologies, Inc. (the “Company”) made to the grantee (the “Grantee”), as set forth in the Performance Stock Unit award notification provided through the Grantee’s stock plan account on the E*TRADE website, is subject to the provisions of the Company’s Third Amended and Restated 2004 Stock Incentive Plan (the “Plan”) and the terms and conditions contained in this 2024 Performance Stock Unit Award Agreement (the “Agreement”) and shall constitute Deferred Stock (as defined in the Plan) which is earned based on performance as provided herein. By accepting the award of Performance Stock Units on the E*TRADE website, the Grantee agrees to the terms and conditions of this Agreement.

PERFORMANCE STOCK UNIT AWARD AGREEMENT UNDER THE AMENDED AND RESTATED ENSTAR GROUP LIMITED 2016 EQUITY INCENTIVE PLAN
Performance Stock Unit Award Agreement • May 7th, 2021 • Enstar Group LTD • Fire, marine & casualty insurance

This Performance Stock Unit Award Agreement (this “Agreement”) is entered into as of the Grant Date (as defined below), by and between the Grantee (as defined below) and Enstar Group Limited (the “Company”). Except as otherwise defined herein, capitalized terms used in this Agreement have the respective meanings set forth in the Plan (as defined below).

TRIMBLE INC. AMENDED AND RESTATED 2002 STOCK PLAN PERFORMANCE STOCK UNIT AWARD AGREEMENT (202_ Combined Performance Goal Awards)
Performance Stock Unit Award Agreement • May 3rd, 2023 • Trimble Inc. • Measuring & controlling devices, nec • Delaware

Unless otherwise defined herein, the capitalized terms used in this Performance Stock Unit Award Agreement shall have the same defined meanings as set forth in the Trimble Inc. Amended and Restated 2002 Stock Plan (the “Plan”).

NVENT ELECTRIC PLC PERFORMANCE STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • February 28th, 2023 • nVent Electric PLC • Special industry machinery (no metalworking machinery) • Minnesota

Pursuant to the notice of grant (the “Grant Notice”) and this Performance Stock Unit Award Agreement, including any country-specific terms in the applicable addendum hereto (the “Addendum”) (together, this “Award Agreement”), nVent Electric plc (the “Company”) has granted to you Performance Stock Units (“PSUs”) with respect to the number of ordinary shares of the Company (“Shares”) specified in the Grant Notice. Capitalized terms not defined in this Award Agreement but defined in the nVent Electric plc 2018 Omnibus Incentive Plan, as may be amended or restated from time to time (the “Plan”) shall have the same definitions as in the Plan. Unless you decline this Award Agreement within 90 days, you agree to be bound by all of the provisions contained in this Award Agreement and the Plan.

PERFORMANCE STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • May 2nd, 2024 • Ocwen Financial Corp • Mortgage bankers & loan correspondents

THIS PERFORMANCE STOCK UNIT AWARD AGREEMENT (this “Agreement”) is made as of [DATE] (the “Award Date”) between Ocwen Financial Corporation, a Florida corporation (the “Corporation”), and [NAME], an employee of the Corporation or of a Subsidiary (the “Participant”).

CHENIERE ENERGY, INC. PERFORMANCE STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • February 26th, 2019 • Cheniere Energy Inc • Natural gas distribution • Delaware
FORM OF PERFORMANCE STOCK UNIT AWARD AGREEMENT PURSUANT TO THE GENERAL DYNAMICS CORPORATION AMENDED AND RESTATED 2012 EQUITY COMPENSATION PLAN
Performance Stock Unit Award Agreement • April 24th, 2024 • General Dynamics Corp • Ship & boat building & repairing • Virginia

This Performance Stock Unit Award Agreement (the "Agreement") is entered into as of [DATE] (the "Grant Date"), by and between General Dynamics Corporation (the "Company") and [NAME] (the "Grantee").

Performance STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • July 30th, 2020 • Myers Industries Inc • Plastics products, nec • Ohio
SHOE CARNIVAL, INC. Performance Stock Unit Award Agreement (Executive Officers)
Performance Stock Unit Award Agreement • March 17th, 2023 • Shoe Carnival Inc • Retail-shoe stores • Indiana

Shoe Carnival, Inc. (the “Company”), pursuant to its 2017 Equity Incentive Plan (the “Plan”), hereby grants an award of Performance Stock Units to you, the Participant named below. The terms and conditions of this Award are set forth in this Performance Stock Unit Award Agreement (the “Agreement”), consisting of this cover page and the Terms and Conditions on the following pages and the attached Exhibit A, and in the Plan document, a copy of which has been provided or otherwise made available to you and is incorporated by reference and made a part of this Agreement. Any capitalized term that is used but not defined in this Agreement shall have the meaning set forth in the Plan as it currently exists or as it is amended in the future.

PERFORMANCE STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • May 4th, 2023 • Motorola Solutions, Inc. • Radio & tv broadcasting & communications equipment • Illinois

WHEREAS, Grantee is receiving the Award of Performance Stock Units (as a type of Restricted Stock Unit) under Section 8 of the Motorola Solutions Amended and Restated Omnibus Incentive Plan of 2015, as may be amended (the “Omnibus Plan”); and

CHENIERE ENERGY, INC. 2020 INCENTIVE PLAN PERFORMANCE STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • February 22nd, 2024 • Cheniere Energy, Inc. • Natural gas distribution • Texas
RED ROBIN GOURMET BURGERS, INC. PERFORMANCE STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • August 22nd, 2024 • Red Robin Gourmet Burgers Inc • Retail-eating places • Delaware

THIS PERFORMANCE STOCK UNIT AWARD AGREEMENT (this “Award Agreement”) between Red Robin Gourmet Burgers, Inc. (the “Company”), and _________________ (the “Grantee”) is dated effective _________________ (the “Date of Grant”).

Arrow Electronics, Inc. Performance Stock Unit Award Agreement Executive Committee
Performance Stock Unit Award Agreement • May 6th, 2021 • Arrow Electronics Inc • Wholesale-electronic parts & equipment, nec • New York

THIS PERFORMANCE STOCK UNIT AWARD AGREEMENT (the “Agreement”), effective ____________ (the “Grant Date”), contains the terms of the grant of Performance Stock Units by Arrow Electronics, Inc., a New York Corporation (the “Company” or “Arrow”), to __________________ (the “Grantee” or “you”) under the Arrow Electronics, Inc. 2004 Omnibus Incentive Plan (as amended from time to time, the “Plan”). Capitalized terms used and not defined in this Agreement have the meanings given to them in the Plan. The parties agree as follows:

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VITAMIN SHOPPE, INC. PERFORMANCE STOCK UNIT AWARD AGREEMENT pursuant to the VITAMIN SHOPPE 2018 LONG-TERM INCENTIVE PLAN
Performance Stock Unit Award Agreement • August 8th, 2018 • Vitamin Shoppe, Inc. • Retail-food stores • Delaware

THIS AWARD AGREEMENT (this “Agreement”), dated as of the Grant Date specified above, is entered into by and between Vitamin Shoppe, Inc., a company organized in the State of Delaware (the “Company”), and the Participant specified above, pursuant to the Vitamin Shoppe 2018 Long-Term Incentive Plan, as in effect and as amended from time to time (the “Plan”); and

EVOLENT HEALTH, INC.
Performance Stock Unit Award Agreement • May 10th, 2024 • Evolent Health, Inc. • Services-management services • Delaware

This Performance Stock Unit Award Agreement (this “Award Agreement”) sets forth the terms and conditions of an award for a target number of ____ (such number, the “Target Number”) performance stock units (this “Award”) (each such performance stock unit, a “PSU”) that are granted to you under the Amended and Restated Evolent Health, Inc. 2015 Omnibus Incentive Compensation Plan, as further amended (the “Plan”). This Award constitutes an unfunded and unsecured promise of the Company to deliver (or to cause to be delivered ) to you, subject to the terms of this Award Agreement, one share of the Company’s Class A Common Stock, $0.01 par value (each, a “Share”), or cash equal to the Fair Market Value of one Share, for each PSU ultimately earned by you, as set forth in this Award Agreement.

MSC.SOFTWARE CORPORATION PERFORMANCE STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • December 6th, 2006 • MSC Software Corp • Services-prepackaged software • California

THIS PERFORMANCE STOCK UNIT AWARD AGREEMENT (this “Award Agreement”) by and between MSC.SOFTWARE CORPORATION, a Delaware corporation (the “Corporation”), and [ ] (the “Grantee”) evidences the performance stock unit award (the “Award”) granted by the Corporation to the Grantee as to the number of stock units first set forth below.

Contract
Performance Stock Unit Award Agreement • May 5th, 2020 • Delaware

EX-10.7 7 exhibit107cei2017form10q1s.htm EXHIBIT 10.7 Exhibit 10.7 CHENIERE ENERGY, INC. 2011 INCENTIVE PLAN PERFORMANCE STOCK UNIT AWARD AGREEMENT (UK) 1.Award. Cheniere Energy, Inc., a Delaware corporation (the “Company”), has awarded the undersigned Participant (for purposes of this Agreement, the “Participant”) performance stock units (this “Award”) effective as of the date set forth on the signature page hereto (the “Grant Date”) pursuant to the Company’s 2011 Incentive Plan, as amended (the “Plan”). Unless otherwise defined in this Performance Stock Unit Award Agreement (this “Agreement”), capitalized terms used herein shall have the meanings assigned to them in the Plan. 2.Performance Stock Units. The Company hereby awards the Participant the target number of performance stock units (“PSUs”) set forth in Schedule A (the “Target PSUs”). Each PSU constitutes an unfunded and unsecured promise by the Company to deliver (or cause to be delivered) one share of common stock, $0.003 par

AUTOMATIC DATA PROCESSING, INC. 2018 OMNIBUS AWARD PLAN PERFORMANCE STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • February 1st, 2024 • Automatic Data Processing Inc • Services-computer processing & data preparation • Delaware

AUTOMATIC DATA PROCESSING, INC. (the “Company”), pursuant to the 2018 Omnibus Award Plan, as amended from time to time (the “Plan”), hereby irrevocably grants you (the “Participant”), on [DATE] (the “Grant Date”), a Performance Stock Unit Award (the “Award”) of forfeitable performance stock units of the Company (“PSUs”), each PSU representing the right to receive one share of the Company’s common stock, par value $0.10 per share (“Common Stock”), subject to (1) the restrictions, terms and conditions herein and (2) any additional terms and conditions applicable to the Participant, as set forth in the appendices attached hereto (the “Appendices”).

EX-10.1 2 d291925dex101.htm 2017 FORM OF PERFORMANCE STOCK UNIT AWARD AGREEMENT [3-Year Performance Period] [Name]
Performance Stock Unit Award Agreement • May 5th, 2020

Congratulations! On , [2017], Leggett & Platt, Incorporated (the “Company”) granted you a Performance Stock Unit Award (the “Award”) under the Company’s Flexible Stock Plan (the “Plan”). The Award is granted subject to the enclosed Terms and Conditions – Performance Stock Unit Award ([2017-2019]) (the “Terms and Conditions”).

PERFORMANCE STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • May 4th, 2023 • Motorola Solutions, Inc. • Radio & tv broadcasting & communications equipment • Illinois

This Performance Stock Unit Award (“Award”) is awarded on «Grant_date» (“Date of Grant”), by Motorola Solutions, Inc. (the “Company” or “Motorola Solutions”) to Gregory Q. Brown (“Grantee”).

PERFORMANCE STOCK UNIT AWARD AGREEMENT FOR COMPANY EMPLOYEES UNDER THE EVENTBRITE, INC. 2018 STOCK OPTION AND INCENTIVE PLAN
Performance Stock Unit Award Agreement • August 8th, 2024 • Eventbrite, Inc. • Services-computer programming, data processing, etc. • Delaware

Pursuant to the Eventbrite, Inc. 2018 Stock Option and Incentive Plan as amended through the date hereof (the “Plan”) and this Performance Stock Unit Award Agreement (the “Agreement”), Eventbrite, Inc. (the “Company”) hereby grants an award of the number of Performance Stock Units listed above (the “Award,” “Performance Stock Units” or “PSUs”) to the Grantee named above. Each vested Performance Stock Unit represents the contingent right to receive, in accordance with this Agreement attached and the Vesting Schedule attached hereto as Exhibit A (together, the “Agreement”), up to two shares of Class A Common Stock, par value $0.00001 per share (the “Stock”) of the Company.

Contract
Performance Stock Unit Award Agreement • August 5th, 2020 • National Bank Holdings Corp • National commercial banks • Delaware

THIS PERFORMANCE STOCK UNIT AWARD AGREEMENT (this “Agreement”), dated as of [_________] (the “Date of Grant”), is made by and between National Bank Holdings Corporation, a Delaware corporation (“NBHC”), and [_________] (“Participant”). Capitalized terms used herein without definition have the meanings ascribed to such terms in the National Bank Holdings Corporation 2014 Omnibus Incentive Plan (the “Plan”).

REDWOOD TRUST, INC. [FORM OF] PERFORMANCE STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • December 15th, 2023 • Redwood Trust Inc • Real estate investment trusts

PERFORMANCE STOCK UNIT AWARD AGREEMENT dated as of [insert date] (the “Award Agreement”), by and between Redwood Trust, Inc., a Maryland corporation (the “Company”), and [First Name] [Last Name], an Employee, Consultant or non-employee Director of the Company (the “Participant”). References to the Company herein shall include the subsidiaries and Affiliates (as defined in Exhibit B).

FOR COMPANY EMPLOYEES UNDER THE WATTS WATER TECHNOLOGIES, INC. SECOND AMENDED AND RESTATED 2004 STOCK INCENTIVE PLAN
Performance Stock Unit Award Agreement • May 8th, 2018 • Watts Water Technologies Inc • Miscellaneous fabricated metal products

This award of performance stock units (“Performance Stock Units”) of Watts Water Technologies, Inc. (the “Company”) made to the grantee (the “Grantee”), as set forth in the Performance Stock Unit award notification provided through the Grantee’s stock plan account on the E*TRADE website, is subject to the provisions of the Company’s Second Amended and Restated 2004 Stock Incentive Plan (the “Plan”) and the terms and conditions contained in this 2018 Performance Stock Unit Award Agreement (the “Agreement”) and shall constitute Deferred Stock (as defined in the Plan) which is earned based on performance as provided herein. By accepting the award of Performance Stock Units on the E*TRADE website, the Grantee agrees to the terms and conditions of this Agreement.

Performance STOCK UNIT AWARD AGREEMENT
Performance Stock Unit Award Agreement • August 1st, 2024 • Myers Industries Inc • Plastics products, nec • Ohio
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