KRATON CORPORATION RESTRICTED STOCK PERFORMANCE UNIT INDUCEMENT AWARD AGREEMENTRestricted Stock Performance Unit Inducement Award Agreement • April 17th, 2019 • Kraton Corp • Plastic materials, synth resins & nonvulcan elastomers • Texas
Upon acceptance by you through the online acceptance procedures set forth at www.etrade.com, this Restricted Stock Performance Unit Inducement Award Agreement (this “Agreement”) is made effective as of the Grant Date (defined below) between Kraton Corporation (the “Company”) and you (the “Participant”). This Agreement evidences a grant of restricted stock units consisting of an unfunded and unsecured promise to deliver shares of the common stock, $0.01 par value, of the Company (“Common Stock”) under the Company’s 2019 Equity Inducement Plan (as amended, the “Plan”). Unless otherwise indicated, any capitalized term used but not defined herein shall have the meaning ascribed to such term in the Plan. The award granted pursuant to this Agreement is intended to comply with the inducement award exception from the New York Stock Exchange (NYSE) rules requiring shareholder approval for the issuance of equity-based compensation. The Company will take such actions as may be necessary to comply
