TOTAL SYSTEM SERVICES, INC. SENIOR EXECUTIVE PERFORMANCE SHARE AGREEMENT (2015-2017)Restrictive Covenant Agreement • May 7th, 2015 • Total System Services Inc • Services-business services, nec • Georgia
Total System Services, Inc. (“Company”) confirms that on February 27, 2015, the Compensation Committee of the Board of Directors of the Company approved, effective February 27, 2015 (the “Grant Date”), the award of the opportunity to receive Performance Shares with an initial economic value equal to the product of (a) your base salary on the Grant Date multiplied by (b) 60% of your LTIP multiplier as determined by the Committee prior to the Grant Date (such initial economic value being the “2015-2017 Performance Opportunity”), subject to adjustment based on specified performance measures for the period 2015-2017. The 2015-2017 Performance Opportunity will be converted into Performance Shares pursuant to the provisions of Section 1 below, with thirty percent (30%) of the 2015-2017 Performance Opportunity converted pursuant to Section 1(d) and seventy percent (70%) converted pursuant to Section 1(e).
TOTAL SYSTEM SERVICES, INC. SENIOR EXECUTIVE STOCK OPTION AGREEMENT (2015)Restrictive Covenant Agreement • May 7th, 2015 • Total System Services Inc • Services-business services, nec • Georgia
THIS AGREEMENT (“Agreement”) is made effective as of February 27, 2015, by and between TOTAL SYSTEM SERVICES, INC., a Georgia corporation (the “Company”), with its principal office at One TSYS Way, Columbus, Georgia, and you (“Option Holder”), an employee of the Company, its Affiliate or its Subsidiary.
