Summary of Grant. The grant is governed by the terms of the Bank First National Corporation 2011 Equity Plan, as amended (the “Plan”). A copy of the Plan is available by contacting Sxxxxx Xxxxx, Vice President of Human Resources. By accepting the grant, you agree to the terms of the Plan and this Award Agreement.
Summary of Grant. Dollar Target Value Performance Unit Tentative Award Performance Period Beginning Date Performance Period Expiration Date Vesting Date Performance Matrix $_______ _______ _________ __________ __________ See Exhibit A attached hereto The number of Performance Units granted to you is determined by dividing the market value of the Company’s Stock as of the Grant Date into the Dollar Target Value designated by the Committee for you. This is your Tentative Award of Performance Units (the “Tentative Award”). At the end of the Performance Period, your Tentative Award will be adjusted by multiplying the number of Performance Units that make up your Tentative Award by a percentage determined by reference to the intersection of the [Revenue Growth] Row and the [RONA] column of the Performance Matrix attached hereto as Exhibit A. This is your Pre-Peer Adjustment Award, which is subject to the adjustments described below. Your Pre-Peer Adjustment Award will be increased by up to ___% if the total ___ year compounded annual shareholder return on the Company’s common stock (“TSR”), determined as provided in Section 10 of the Policy, exceeds the ___ percentile of the Company’s Peer Group as set forth in Exhibit B. Conversely, your Pre-Peer Adjustment Award will be decreased by up to ___% if the relative __-year compounded TSR is below the __ percentile of the Company’s Peer Group. The increase or decrease of Performance Units granted in your Pre-Peer Adjustment Award is determined by multiplying the Award Leverage Percentage set forth in Exhibit A in the Award Leverage Table by your Pre-Peer Adjustment Award under the methodology described in the Policy. This result is your final award (the “Final Award”). An example of the calculation of a Stock Award is set forth in Exhibit C hereto.
Summary of Grant. Total Option Shares: Exercise Price Per Share: Date of Grant: Expiration Date: (unless earlier terminated under Section 4 below)
Summary of Grant. Optionee: [ ] Number of Shares: [ ] Option Exercise Price: [ ] Date of Grant: [ ] Vesting Schedule: Vested Shares Date
Summary of Grant. Number of Shares: [_____] Option Price: [$_____] Date of Grant: [_____] Expiration Date: [_____]
Summary of Grant. For _____________ Shares of Restricted Stock Awarded _________________________________ (the “Date of Grant”) To __________________________________ (“Grantee”) This Summary sets forth the number of shares of Common Stock of Enhabit, Inc. and the vesting dates associated with the time-based restricted stock grant described herein. Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Restricted Stock Award Agreement evidencing this Award (the “Award Agreement”) and the Enhabit Inc. 2022 Omnibus Performance Incentive Plan (the “Plan”), as applicable. The Shares shall vest for purposes of the Award Agreement [insert description of vesting schedule]. The following table sets forth the vesting schedule for the Shares: Number of Shares* Vesting Date
Summary of Grant. Dollar Target Value RSU Tentative Award Performance Period Beginning Date Performance Period Expiration Date Vesting Date Performance Matrix See Exhibit A The number of RSUs granted you is determined by dividing the market value of the Company’s stock as of the date of Grant into the Dollar Target Value designated by the Committee for you. This is your Tentative Award of RSUs (the “Tentative Award”). At the end of the Performance Period (as defined in the Policy), your Tentative Award will be adjusted by multiplying the number of RSUs that make up your Tentative Award by a percentage determined by reference to the intersection of the Revenue Growth Row and the RONA column of the Performance Matrix attached hereto as Exhibit A. This is your Pre-Peer Adjustment Award, that is subject to the adjustments described below. Your Pre-Peer Adjustment Award will be increased by up to __% if the total _____ year compounded annual shareholder return on the Company’s common stock (“TSR”), determined as provided in Section 10 of the Policy, exceeds the ___ percentile of the Company’s Peer Group. Conversely, your Pre-Peer Adjustment Award will be decreased by up to __% if the relative __-year compounded TSR is below the ___ percentile of the Company’s Peer Group. The increase or decrease of RSUs granted in your Pre-Peer Adjustment Award is determined by multiplying the Award Leverage Percentage set forth in Exhibit A in the Award Leverage Table by your Pre-Peer Adjustment Award under the methodology described in the Policy. This result is your final award (the “Final Award”). An example of the calculation of a Stock Award is set forth in Exhibit C hereto.
