Common use of Clawback Policy Clause in Contracts

Clawback Policy. Any Restricted Stock Units that have vested shall be subject to the Corporation’s recoupment policy, as in effect from time to time. This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1, 2016 By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary GRANTEE ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED STOCK UNITS AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATION, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOW, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE ACCEPTS THIS RESTRICTED STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED STOCK UNITS AGREEMENT

Appears in 3 contracts

Samples: Restricted Stock Units Agreement (Trimas Corp), Restricted Stock Units Agreement (Trimas Corp), Restricted Stock Units Agreement (Trimas Corp)

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Clawback Policy. Any shares of Restricted Stock Units that have vested shall be subject to the CorporationCompany’s recoupment policy, as in effect from time to time. (Signature Page Follows) This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1[month and date], 2016 2013 By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer Counsel and Corporate Secretary GRANTEE XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED STOCK UNITS AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATION, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOW, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE ACCEPTS THIS RESTRICTED STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED STOCK UNITS AGREEMENTAGREEMENT GLOSSARY For purposes of this Agreement:

Appears in 2 contracts

Samples: Restricted Stock Agreement (Trimas Corp), Restricted Stock Agreement (Trimas Corp)

Clawback Policy. Any shares of Restricted Stock Units that have vested shall be subject to the CorporationCompany’s recoupment policy, as in effect from time to time. (Signature Page Follows) This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1[month and date], 2016 2013 By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer Counsel and Corporate Secretary GRANTEE ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED STOCK UNITS AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS 2006 LONG TERM EQUITY INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATIONSUBSIDIARY, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOW, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE ACCEPTS THIS RESTRICTED STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED STOCK UNITS AGREEMENTAGREEMENT GLOSSARY For purposes of this Agreement:

Appears in 2 contracts

Samples: Restricted Stock Agreement (Trimas Corp), Restricted Stock Agreement (Trimas Corp)

Clawback Policy. Any Restricted Stock Units that have vested shall be subject to the Corporation’s recoupment policy, as in effect from time to time. This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1, 2016 By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary GRANTEE XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED STOCK UNITS AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS 2006 LONG TERM EQUITY INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATIONAFFILIATE, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOW, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE ACCEPTS THIS RESTRICTED STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE ADMINISTRATOR UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED STOCK UNITS AGREEMENT

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (Trimas Corp), Restricted Stock Units Agreement (Trimas Corp)

Clawback Policy. Any Restricted Stock Units that have vested shall be subject to the Corporation’s recoupment policy, as in effect from time to time. (Signature Page Follows) This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1, 2016 [grant date] By: /s/ Xxxxxx X. Xxxxxxx NameXxxxxxxXxxx: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary GRANTEE ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED STOCK UNITS AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATION, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOW, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE ACCEPTS THIS RESTRICTED STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED STOCK UNITS AGREEMENTAGREEMENT GLOSSARY For purposes of this Agreement:

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (Trimas Corp), Restricted Stock Units Agreement (Trimas Corp)

Clawback Policy. Any Restricted shares of Stock Units that have vested issued to Grantee in settlement of the PSUs shall be subject to the Corporation’s recoupment policy, as in effect from time to time. This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1September 10, 2016 2015 By: /s/ Xxxxxx X. Xxxxxxx _________________________________Name: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary GRANTEE XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED PERFORMANCE STOCK UNITS UNIT AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATION, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOWBUTTON, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE XXXXXXX ACCEPTS THIS RESTRICTED PERFORMANCE STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED PERFORMANCE STOCK UNITS AGREEMENTAGREEMENT PERFORMANCE GOAL FOR PSU AWARD The actual number of PSUs earned by Grantee will be determined by the Committee by March 5, 2017 following the end of the Performance Period (“Determination Date”), using data as of, and including, December 31, 2016, under the rules described below. Any PSUs not earned as of the Determination Date will be canceled and forfeited.

Appears in 1 contract

Samples: Performance Stock Units Agreement (Trimas Corp)

Clawback Policy. Any Restricted shares of Stock Units that have vested issued to Grantee in settlement of the PSUs shall be subject to the CorporationCompany’s recoupment policy, as in effect from time to time. (Signature Page Follows) This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1[month and date], 2016 2013 By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer Counsel and Corporate Secretary GRANTEE XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED PERFORMANCE STOCK UNITS UNIT AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATION, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOW, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE XXXXXXX ACCEPTS THIS RESTRICTED PERFORMANCE STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED PERFORMANCE STOCK UNITS AGREEMENTUNIT AGREEMENT PERFORMANCE GOALS FOR PSU AWARD The actual number of PSUs earned by Grantee will be determined by the Committee by the March 1st following the end of the Performance Period (“Determination Date”), using data as of, and including, December 31, 2015, under the rules described below. Any PSUs not earned as of the Determination Date will be canceled and forfeited.

Appears in 1 contract

Samples: Performance Stock Unit Agreement (Trimas Corp)

Clawback Policy. Any shares of Restricted Stock Units that have vested shall be subject to the Corporation’s recoupment policy, as in effect from time to time. (Signature Page Follows) This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1[grant date], 2016 2014 By: /s/ Xxxxxx X. Xxxxxxx ________________________________Name: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary GRANTEE XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED STOCK UNITS AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATION, NOR INTERFERES IN ANY WAY WITH GRANTEEXXXXXXX’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOW, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE ACCEPTS THIS RESTRICTED STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED STOCK UNITS AGREEMENTAGREEMENT GLOSSARY For purposes of this Agreement:

Appears in 1 contract

Samples: Restricted Stock Agreement (Trimas Corp)

Clawback Policy. Any Restricted Stock Units that have vested shall be subject to the Corporation’s recoupment policy, as in effect from time to time. This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1, 2016 By: /s/ Xxxxxx X. X Xxxxxxx Name: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary GRANTEE XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED STOCK UNITS AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS 2006 LONG TERM EQUITY INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATIONAFFILIATE, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOW, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE ACCEPTS THIS RESTRICTED STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE ADMINISTRATOR UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED STOCK UNITS AGREEMENT

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Trimas Corp)

Clawback Policy. Any Restricted shares of Stock Units that have vested issued to Grantee in settlement of the PSUs shall be subject to the Corporation’s recoupment policy, as in effect from time to time. (Signature Page Follows) This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 15, 2016 2014 By: /s/ Xxxxxx X. Xxxxxxx ________________________________Name: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary GRANTEE XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED PERFORMANCE STOCK UNITS UNIT AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATION, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOWBUTTON, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE XXXXXXX ACCEPTS THIS RESTRICTED PERFORMANCE STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED PERFORMANCE STOCK UNITS AGREEMENTUNIT AGREEMENT PERFORMANCE GOALS FOR PSU AWARD The actual number of PSUs earned by Grantee will be determined by the Committee by the March 5th following the end of the Performance Period (“Determination Date”), using data as of, and including, December 31, 2016, under the rules described below. Any PSUs not earned as of the Determination Date will be canceled and forfeited.

Appears in 1 contract

Samples: Performance Stock Unit Agreement (Trimas Corp)

Clawback Policy. Any Restricted shares of Common Stock Units that have vested issued to Grantee in settlement of the PSUs (plus dividend equivalent payments) shall be subject to the CorporationCompany’s recoupment policy, if any, as in effect from time to time. Further, notwithstanding anything in this Agreement to the contrary, Grantee acknowledges and agrees that (a) this Agreement and this Award described herein (and any settlement thereof) are subject to the terms and conditions of such policy, or any other form of Company recoupment (or similar) policy (if any) as may be in effect from time to time specifically to implement Section 10D of the Exchange Act and any applicable rules or regulations promulgated thereunder (including applicable rules and regulations of any national securities exchange on which the Common Stock may be traded) (the “Compensation Recovery Policy”), and (b) applicable provisions of this Agreement shall be deemed superseded by and subject to the terms and conditions of the Compensation Recovery Policy from and after the effective date thereof. (Signature Page Follows) This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION DatedDated as of: March 1, 2016 [grant date] By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. XxxxxxxXxxxx: Senior Vice President, President and General Counsel, Chief Compliance Officer and Corporate Secretary GRANTEE Counsel XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED STOCK UNITS AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION COMPANY OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATIONSUBSIDIARY, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATIONCOMPANY’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOWBUTTON, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE ACCEPTS THIS PERFORMANCE-BASED RESTRICTED STOCK UNIT UNITS AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED PERFORMANCE STOCK UNITS AGREEMENTAGREEMENT PERFORMANCE GOALS FOR PSU AWARD The actual number of PSUs earned by Grantee will be determined by the Committee by May 1, 2021 following the end of the Performance Period (“Determination Date”), using data as of, and including, December 31, 2020 under the rules described below. Any PSUs not earned as of the Determination Date will be canceled and forfeited.

Appears in 1 contract

Samples: Performance Stock Units Agreement (Trimas Corp)

Clawback Policy. Any Restricted Stock Units that have vested shall be subject to the Corporation’s recoupment policy, as in effect from time to time. (Signature Page Follows) This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1, 2016 [grant date] By: /s/ Xxxxxx X. Xxxxxxx NameXxxxxxxXxxx: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary GRANTEE XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED STOCK UNITS AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS 2006 LONG TERM EQUITY INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATIONAFFILIATE, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOW, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE ACCEPTS THIS RESTRICTED STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE ADMINISTRATOR UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED STOCK UNITS AGREEMENTAGREEMENT GLOSSARY For purposes of this Agreement:

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Trimas Corp)

Clawback Policy. Any Restricted shares of Common Stock issued to Grantee in settlement of the Performance Units that have vested shall be subject to the Corporation’s recoupment policy, as in effect from time to time. Further, notwithstanding anything in this Agreement to the contrary, Grantee acknowledges and agrees that (a) this Agreement and the award described herein (and any settlement thereof) are subject to the terms and conditions of such policy, or any other form of Corporation clawback policy (if any) as may be in effect from time to time specifically to implement Section 10D of the Exchange Act and any applicable rules or regulations promulgated thereunder (including applicable rules and regulations of any national securities exchange on which the Common Shares may be traded) (the “Compensation Recovery Policy”), (b) applicable provisions of this Agreement shall be deemed superseded by and subject to the terms and conditions of the Compensation Recovery Policy from and after the effective date thereof, and (c) Grantee’s consent shall not be required to an amendment to this Agreement that is deemed necessary by the Corporation to ensure compliance with Section 10D of the Exchange Act. (Signature Page Follows) This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1, 2016 By: /s/ Xxxxxx X. Xxxxxxx NameXxxxxxxXxxx: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary GRANTEE XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED STOCK UNITS PERFORMANCE UNIT AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS 2006 LONG TERM EQUITY INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATION, NOR INTERFERES IN ANY WAY WITH GRANTEEXXXXXXX’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOW, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE XXXXXXX ACCEPTS THIS RESTRICTED STOCK PERFORMANCE UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE ADMINISTRATOR UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED STOCK UNITS AGREEMENTPERFORMANCE UNIT AGREEMENT PERFORMANCE GOAL FOR PERFORMANCE UNIT AWARD The actual number of Performance Units earned by Grantee will be determined by the Administrator by March 1, 2019 following the end of the Performance Period (“Determination Date”), using data as of, and including, December 31, 2018 under the rules described below. Any Performance Units not earned as of the Determination Date will be canceled and forfeited.

Appears in 1 contract

Samples: Performance Unit Agreement (Trimas Corp)

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Clawback Policy. Any shares of Common Stock issued to Grantee in settlement of the Restricted Stock Units that have vested (plus dividend equivalent payments) shall be subject to the CorporationCompany’s recoupment policy, if any, as in effect from time to time. Further, notwithstanding anything in this Agreement to the contrary, Grantee acknowledges and agrees that (a) this Agreement and this Award described herein (and any settlement thereof) are subject to the terms and conditions of such policy, or any other form of Company recoupment (or similar) policy (if any) as may be in effect from time to time specifically to implement Section 10D of the Exchange Act and any applicable rules or regulations promulgated thereunder (including applicable rules and regulations of any national securities exchange on which the Common Stock may be traded) (the “Compensation Recovery Policy”), and (b) applicable provisions of this Agreement shall be deemed superseded by and subject to the terms and conditions of the Compensation Recovery Policy from and after the effective date thereof. (Signature Page Follows) This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION DatedDated as of: March 1, 2016 [grant date] By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. XxxxxxxXxxxx: Senior Vice President, President and General Counsel, Chief Compliance Officer and Corporate Secretary GRANTEE Counsel XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED STOCK UNITS AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION COMPANY OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATIONSUBSIDIARY, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATIONCOMPANY’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOW, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE XXXXXXX ACCEPTS THIS RESTRICTED STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED STOCK UNITS AGREEMENT

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Trimas Corp)

Clawback Policy. Any Restricted shares of Stock issued to Grantee in settlement of the Performance Units that have vested shall be subject to the CorporationCompany’s recoupment policy, as in effect from time to time. (Signature Page Follows) This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1[month and date], 2016 2013 By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer Counsel and Corporate Secretary GRANTEE XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED STOCK UNITS PERFORMANCE UNIT AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS 2006 LONG TERM EQUITY INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATION, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOW, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE XXXXXXX ACCEPTS THIS RESTRICTED STOCK PERFORMANCE UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE ADMINISTRATOR UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED STOCK UNITS AGREEMENTPERFORMANCE UNIT AGREEMENT PERFORMANCE GOALS FOR PERFORMANCE UNIT AWARD The actual number of Performance Units earned by Grantee will be determined by the Committee by the March 1st following the end of the Performance Period (“Determination Date”), using data as of, and including, December 31, 2015 under the rules described below. Any Performance Units not earned as of the Determination Date will be canceled and forfeited.

Appears in 1 contract

Samples: Performance Unit Agreement (Trimas Corp)

Clawback Policy. Any shares of Restricted Stock Units that have vested shall be subject to the Corporation’s recoupment policy, as in effect from time to time. (Signature Page Follows) This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1[grant date], 2016 2014 By: /s/ Xxxxxx X. Xxxxxxx _______________________________Name: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary GRANTEE XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED STOCK UNITS AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATION, NOR INTERFERES IN ANY WAY WITH GRANTEEXXXXXXX’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOW, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE ACCEPTS THIS RESTRICTED STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED STOCK UNITS AGREEMENTAGREEMENT GLOSSARY For purposes of this Agreement:

Appears in 1 contract

Samples: Restricted Stock Agreement (Trimas Corp)

Clawback Policy. Any Restricted shares of Stock Units that have vested issued to Grantee in settlement of the PSUs shall be subject to the Corporation’s recoupment policy, as in effect from time to time. Further, notwithstanding anything in this Agreement to the contrary, Grantee acknowledges and agrees that (a) this Agreement and the award described herein (and any settlement thereof) are subject to the terms and conditions of such policy, or any other form of Corporation clawback policy (if any) as may be in effect from time to time specifically to implement Section 10D of the Exchange Act and any applicable rules or regulations promulgated thereunder (including applicable rules and regulations of any national securities exchange on which the Common Shares may be traded) (the “Compensation Recovery Policy”), (b) applicable provisions of this Agreement shall be deemed superseded by and subject to the terms and conditions of the Compensation Recovery Policy from and after the effective date thereof, and (c) Grantee’s consent shall not be required to an amendment to this Agreement that is deemed necessary by the Corporation to ensure compliance with Section 10D of the Exchange Act. (Signature Page Follows) This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1, 2016 By: /s/ Xxxxxx X. Xxxxxxx NameXxxxxxxXxxx: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary GRANTEE XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED PERFORMANCE STOCK UNITS UNIT AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATION, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOWBUTTON, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE XXXXXXX ACCEPTS THIS RESTRICTED PERFORMANCE STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED PERFORMANCE STOCK UNITS AGREEMENTAGREEMENT PERFORMANCE GOAL FOR PSU AWARD The actual number of PSUs earned by Grantee will be determined by the Committee by March 1, 2019 following the end of the Performance Period (“Determination Date”), using data as of, and including, December 31, 2018 under the rules described below. Any PSUs not earned as of the Determination Date will be canceled and forfeited.

Appears in 1 contract

Samples: Performance Stock Units Agreement (Trimas Corp)

Clawback Policy. Any Restricted Stock Units that have vested shall be subject to the Corporation’s recoupment policy, as in effect from time to time. This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1, 2016 2017 By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. XxxxxxxXxxxxXxxxxxx Title: Senior Vice President, General Counsel, Counsel and Chief Compliance Officer and Corporate Secretary GRANTEE ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED STOCK UNITS AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATION, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOW, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE ACCEPTS THIS RESTRICTED STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED STOCK UNITS AGREEMENT

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Trimas Corp)

Clawback Policy. Any Restricted shares of Stock Units that have vested issued to Grantee in settlement of the PSUs shall be subject to the Corporation’s recoupment policy, as in effect from time to time. Further, notwithstanding anything in this Agreement to the contrary, Grantee acknowledges and agrees that (a) this Agreement and the award described herein (and any settlement thereof) are subject to the terms and conditions of such policy, or any other form of Corporation clawback policy (if any) as may be in effect from time to time specifically to implement Section 10D of the Exchange Act and any applicable rules or regulations promulgated thereunder (including applicable rules and regulations of any national securities exchange on which the Common Shares may be traded) (the “Compensation Recovery Policy”), (b) applicable provisions of this Agreement shall be deemed superseded by and subject to the terms and conditions of the Compensation Recovery Policy from and after the effective date thereof, and (c) Grantee’s consent shall not be required to an amendment to this Agreement that is deemed necessary by the Corporation to ensure compliance with Section 10D of the Exchange Act. (Signature Page Follows) This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1, 2016 Grant Date By: /s/ Xxxxxx X. Xxxxxxx Name: Xxxxxx X. XxxxxxxXxxxx: Senior Vice President, General Counsel, Counsel and Chief Compliance Officer and Corporate Secretary GRANTEE XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED PERFORMANCE STOCK UNITS UNIT AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATION, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOWBUTTON, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE XXXXXXX ACCEPTS THIS RESTRICTED PERFORMANCE STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED PERFORMANCE STOCK UNITS AGREEMENTAGREEMENT PERFORMANCE GOALS FOR PSU AWARD The actual number of PSUs earned by Grantee will be determined by the Committee by March 1, 2020 following the end of the Performance Period (“Determination Date”), using data as of, and including, December 31, 2019 under the rules described below. Any PSUs not earned as of the Determination Date will be canceled and forfeited.

Appears in 1 contract

Samples: Performance Stock Units Agreement (Trimas Corp)

Clawback Policy. Any Restricted shares of Stock Units that have vested issued to Grantee in settlement of the PSUs shall be subject to the Corporation’s recoupment policy, as in effect from time to time. This Agreement may be executed in two or more counterparts, each of which is deemed an original and all of which constitute one document. TRIMAS CORPORATION Dated: March 1September 10, 2016 2015 By: /s/ Xxxxxx X. Xxxxxxx __________________________________Name: Xxxxxx X. XxxxxxxXxxxx: Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary GRANTEE XXXXXXX ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS RESTRICTED PERFORMANCE STOCK UNITS UNIT AGREEMENT, NOR IN THE CORPORATION’S 2011 OMNIBUS INCENTIVE COMPENSATION PLAN, AS AMENDED, WHICH IS INCORPORATED INTO THIS AGREEMENT BY REFERENCE, CONFERS ON GRANTEE ANY RIGHT WITH RESPECT TO CONTINUATION AS A SERVICE PROVIDER OF THE CORPORATION OR ANY PARENT OR SUBSIDIARY OR AFFILIATE OF THE CORPORATION, NOR INTERFERES IN ANY WAY WITH GRANTEE’S RIGHT OR THE CORPORATION’S RIGHT TO TERMINATE GRANTEE’S SERVICE PROVIDER RELATIONSHIP AT ANY TIME, WITH OR WITHOUT CAUSE AND WITH OR WITHOUT PRIOR NOTICE. BY CLICKING THE “ACCEPT” BUTTON BELOWBUTTON, XXXXXXX ACKNOWLEDGES RECEIPT OF A COPY OF THE PLAN AND REPRESENTS THAT GRANTEE IS FAMILIAR WITH THE TERMS AND PROVISIONS OF THE PLAN. GRANTEE XXXXXXX ACCEPTS THIS RESTRICTED PERFORMANCE STOCK UNIT AWARD SUBJECT TO ALL OF THE TERMS AND PROVISIONS OF THIS AGREEMENT AND THE PLAN. GRANTEE HAS REVIEWED THE PLAN AND THIS AGREEMENT IN THEIR ENTIRETY. XXXXXXX AGREES TO ACCEPT AS BINDING, CONCLUSIVE AND FINAL ALL DECISIONS OR INTERPRETATIONS OF THE COMMITTEE UPON ANY QUESTIONS ARISING UNDER THE PLAN OR THIS AWARD. APPENDIX A TO RESTRICTED PERFORMANCE STOCK UNITS AGREEMENTAGREEMENT PERFORMANCE GOAL FOR PSU AWARD The actual number of PSUs earned by Grantee will be determined by the Committee by March 1, 2018 following the end of the Performance Period (“Determination Date”), using data as of, and including, December 31, 2017, under the rules described below. Any PSUs not earned as of the Determination Date will be canceled and forfeited.

Appears in 1 contract

Samples: Performance Stock Units Agreement (Trimas Corp)

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