PENN NATIONAL GAMING, INC. STOCK SETTLED PHANTOM STOCK UNIT AWARD AGREEMENTStock Settled Phantom Stock Unit Award Agreement • February 27th, 2020 • Penn National Gaming Inc • Hotels & motels • Pennsylvania
Contract Type FiledFebruary 27th, 2020 Company Industry JurisdictionThis PSU Award is subject to all the terms and conditions of the Penn National Gaming, Inc. 2018 Long Term Incentive Compensation Plan, as amended from time to time (the “Plan”), which is available upon request, and any rules and regulations established by the Compensation Committee of the Board of Directors of the Company (the “Committee”). Words used herein with initial capitalized letters that are not defined in this PSU Award are defined in the Plan.