ContractReplacement Performance-Based Award Agreement • May 5th, 2020 • Indiana
EX-10.23 3 elanco-20181231exhibit1023.htm EXHIBIT 10.23 Exhibit 10.23 Elanco Animal Health Incorporated Replacement Performance-Based Award Agreement This Replacement Performance-Based Award has been granted on February 12, 2019, (“Grant Date”), by Elanco Animal Health Incorporated, an Indiana corporation, (“Elanco” or the “Company”) to the Eligible Individual who has received this Replacement Performance-Based Award Agreement (the “Grantee”). Number of Shares: Log into UBS account at http://equity.elancodirect.com Grantee: Performance Levels for 40% of the Performance-Based Award Subject to Company EBIT goals: [Intentionally Omitted] Performance Period: January 1, 2019- December 31, 2019 Table of Contents Section 1. Grant of Replacement Performance-Based Award 3 Section 2. Vesting 3 Section 3. Adjustments for Certain Employment Status Changes 4 Section 4. Change in Control 5 Section 5. Settlement 6 Section 6. Rights of the Grantee 6 Section 7. Prohibition Against Transfer7 Section 8.
