0001437749-23-013570 Sample Contracts

CHANGE OF CONTROL SEVERANCE AGREEMENT
Change of Control Severance Agreement • May 10th, 2023 • Fuel Tech, Inc. • Industrial & commercial fans & blowers & air purifing equip • Illinois

This Change of Control Severance Agreement (the “Agreement”) is made and entered into by and between __________________ (“Executive”) and Fuel Tech, Inc., a Delaware corporation (the “Company”), effective as of June ___, 2023 (the “Effective Date”).

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EXECUTIVE PERFORMANCE RSU AGREEMENT
Executive Performance Rsu Agreement • May 10th, 2023 • Fuel Tech, Inc. • Industrial & commercial fans & blowers & air purifing equip • Illinois

This Executive Performance RSU Agreement (the “Agreement”) is hereby entered effective as of ______________, 2023 (the “Effective Date”), by and between Fuel Tech, Inc. (the “Company” or “Fuel Tech” or “FTI”), and _________________ (the “Participant”). Any term capitalized but not defined in this Agreement will have the meaning set forth in the Fuel Tech, Inc. 2014 Long-Term Incentive Plan, as amended (the “Plan”).

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