TENNECO INC. STOCK-SETTLED PERFORMANCE SHARE UNIT AWARD AGREEMENT ([INSERT PERFORMANCE PERIOD RANGE] Performance Period)Performance Share Unit Award Agreement • August 5th, 2021 • Tenneco Inc • Motor vehicle parts & accessories • Illinois
Effective as of [Grant Date] (the “Grant Date”), the Participant has been granted an Award under the Tenneco Inc. 2021 Long-Term Incentive Plan (the “Plan”) in the form of stock -settled performance share units (“PSUs”) with respect to the number of shares of Common Stock set forth herein (“Target PSUs”). The Award is subject to the following terms and conditions (sometimes referred to as this “Award Agreement”) and the terms and conditions of the Plan as the same has been and may be amended from time to time. Terms used in this Award Agreement are defined elsewhere in this Award Agreement; provided, however, that, capitalized terms used herein and not otherwise defined shall have the meaning set forth in the Plan.
TENNECO INC. CASH-SETTLED PERFORMANCE SHARE UNIT AWARD AGREEMENT ([INSERT PERFORMANCE PERIOD RANGE] Performance Period)Performance Share Unit Award Agreement • August 5th, 2021 • Tenneco Inc • Motor vehicle parts & accessories • Illinois
Effective as of [Grant Date] (the “Grant Date”), the Participant has been granted an Award under the Tenneco Inc. 2021 Long-Term Incentive Plan (the “Plan”) in the form of cash-settled performance share units (“PSUs”) with respect to the number of shares of Common Stock set forth herein (“Target PSUs”). The Award is subject to the following terms and conditions (sometimes referred to as this “Award Agreement”) and the terms and conditions of the Plan as the same has been and may be amended from time to time. Terms used in this Award Agreement are defined elsewhere in this Award Agreement; provided, however, that, capitalized terms used herein and not otherwise defined shall have the meaning set forth in the Plan.
TENNECO INC. 2021 LONG-TERM INCENTIVE PLAN CASH-SETTLED RESTRICTED STOCK UNIT AWARD AGREEMENTAward Agreement • August 5th, 2021 • Tenneco Inc • Motor vehicle parts & accessories • Illinois
Effective as of [Grant Date] (the “Grant Date”), the Participant has been granted an Award under the Tenneco Inc. 2021 Long-Term Incentive Plan (the “Plan”) in the form of cash-settled restricted stock units with respect to [Insert Number of Units] shares of Common Stock (“Restricted Stock Units”). Each Restricted Stock Unit shall correspond to one share of Common Stock and each vested Restricted Stock Unit shall have a value equal to the fair market value of one share of Common Stock on the applicable Settlement Date (as defined herein). The Award is subject to the following terms and conditions (sometimes referred to as this “Award Agreement”) and the terms and conditions of the Plan as the same has been and may be amended from time to time. Terms used in this Award Agreement are defined elsewhere in this Award Agreement; provided, however, that, capitalized terms used herein and not otherwise defined shall have the meaning set forth in the Plan.
TENNECO INC. 2021 LONG-TERM INCENTIVE PLAN STOCK-SETTLED RESTRICTED STOCK UNIT AWARD AGREEMENTAward Agreement • August 5th, 2021 • Tenneco Inc • Motor vehicle parts & accessories • Illinois
Effective as of [Grant Date] (the “Grant Date”), the Participant has been granted an Award under the Tenneco Inc. 2021 Long-Term Incentive Plan (the “Plan”) in the form of stock-settled restricted stock units with respect to [Insert Number of Units] shares of Common Stock (“Restricted Stock Units”). Each Restricted Stock Unit shall correspond to one share of Common Stock on the applicable Settlement Date (as defined herein). The Award is subject to the following terms and conditions (sometimes referred to as this “Award Agreement”) and the terms and conditions of the Plan as the same has been and may be amended from time to time. Terms used in this Award Agreement are defined elsewhere in this Award Agreement; provided, however, that, capitalized terms used herein and not otherwise defined shall have the meaning set forth in the Plan.
