Granted under the UFP Technologies, Inc. 2003 Incentive Plan)Stock Unit Award Agreement • February 24th, 2012 • Ufp Technologies Inc • Plastics foam products • Delaware
This Stock Unit Award Agreement is entered into as of the 17th day of February, 2012 by and between UFP Technologies, Inc. (hereinafter the “Company”) and R. Jeffrey Bailly (the “Awardee”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Company’s 2003 Incentive Plan, as amended (the “Plan”). Stock Unit Awards (SUA’s represent the Company’s unfunded and unsecured promise to issue shares of Common Stock at a future date, subject to the terms of this Award Agreement, including, without limitation, the performance objectives set forth in Schedule A hereto, and the Plan. Awardee has no rights under the SUAs other than the rights of a general unsecured creditor of the Company.
Granted under the UFP Technologies, Inc. 2003 Incentive Plan)2012 Stock Unit Award Agreement • February 24th, 2012 • Ufp Technologies Inc • Plastics foam products • Delaware
This Stock Unit Award Agreement is entered into as of the 17th day of February, 2012 by and between UFP Technologies, Inc. (hereinafter the “Company”) and (the “Awardee”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Company’s 2003 Incentive Plan, as amended (the “Plan”). Stock Unit Awards (SUA’s represent the Company’s unfunded and unsecured promise to issue shares of Common Stock at a future date, subject to the terms of this Award Agreement, including, without limitation, the performance objectives set forth in Schedule A hereto, and the Plan. Awardee has no rights under the SUAs other than the rights of a general unsecured creditor of the Company.
