2016 Performance Share Grant Sample Contracts

PERFORMANCE SHARE AWARD AGREEMENT UNDER THE 2015 STOCK PLAN
2016 Performance Share Grant • February 22nd, 2017 • Eaton Corp PLC • Misc industrial & commercial machinery & equipment • Ohio

The Compensation and Organization Committee (the “Committee”) of the Board of Directors of Eaton Corporation plc (the “Company”) has granted you an award of performance shares (the “Performance Shares”) effective as of Grant Date (the “Grant Date”) under the terms and conditions of the Company’s 2015 Stock Plan (the “Plan”). Your target number of Performance Shares (the “Target Number of Performance Shares”) is set out above. Capitalized terms used without definition in this Performance Share Award Agreement (this “Agreement”) shall have the meanings given to such terms in the Plan. Information concerning the Performance Shares awarded to you (the “Award”) is available online through the Eaton Service Center maintained by Fidelity Stock Plan Services (or any successor third party administrator of the Plan) (the “Third Party Administrator”), which may be accessed through the Company’s website. You are required to accept the Award online at the Eaton Service Center maintained by the Thir

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