INTREPID POTASH, INC. EQUITY INCENTIVE PLAN PERFORMANCE UNIT AGREEMENT (CAGR)Equity Incentive Plan Performance Unit Agreement • April 28th, 2015 • Intrepid Potash, Inc. • Mining & quarrying of nonmetallic minerals (no fuels) • Delaware
Intrepid Potash, Inc., a Delaware corporation (“Intrepid”), has granted you an award of performance units (the “Performance Units”) under the Intrepid Potash, Inc. Equity Incentive Plan (the “Plan”), subject to the terms and conditions of the Plan and this Performance Unit Agreement (this “Agreement”). A Performance Unit is a bookkeeping entry that initially represents the right to receive one share of Intrepid’s Common Stock on a date determined in accordance with this Agreement, subject to the risk of cancellation and forfeiture.
