NORTHROP GRUMMAN CORPORATION2020 Restricted Stock Rights Grant Agreement • April 29th, 2020 • Northrop Grumman Corp /De/ • Search, detection, navagation, guidance, aeronautical sys • Virginia
This 2020 Restricted Stock Rights Grant Agreement (“Agreement”) applies to certain “Restricted Stock Rights” (“RSRs”) granted by Northrop Grumman Corporation (the “Company”) in 2020 under its 2011 Long-Term Incentive Stock Plan. If you were granted an RSR award by the Company in 2020, the date of grant of your RSR award (the “Grant Date”) and the number of RSRs applicable to your award are set forth in the letter from the Company announcing your RSR award (your “Grant Letter”) and are also reflected in the electronic stock plan award recordkeeping system (“Stock Plan System”) maintained by the Company or its designee. This Agreement applies only with respect to the 2020 RSR award, and you are subject to this Agreement upon accepting your grant. If you were granted an RSR award, you are referred to as the “Grantee” with respect to your award. Capitalized terms are generally defined in Section 12 below if not otherwise defined herein.
