QAD Inc. 2016 STOCK INCENTIVE PROGRAM PERFORMANCE SHARE AGREEMENT2016 Stock Incentive Program • June 27th, 2019 • Qad Inc • Services-prepackaged software • Delaware
This grant of performance shares (“PSUs”) is made by QAD Inc. (the “Company”) to _____________________________ (the “Grantee”) as of the Grant Date set forth below, pursuant to the QAD Inc. 2016 Stock Incentive Program (the “Program”) and this Performance Share Agreement (the “Agreement”). The Program Administrators administering the Program have selected Grantee to receive the following grant of PSUs on the date specified in Section 1 (the “Grant Date”).
