Performance Award Agreement for Officers and Director Employees Sample Contracts

PERFORMANCE AWARD AGREEMENT FOR OFFICERS AND DIRECTOR EMPLOYEES JANUARY 1, 20XX – DECEMBER 31, 20XX PERFORMANCE CYCLE

Performance Award Agreement for Officers and Director Employees • April 7th, 2020 • Centerpoint Energy Resources Corp • Electric services

• Contract Type
  Performance Award Agreement for Officers and Director Employees
• Filed
  April 7th, 2020
• Company
  Centerpoint Energy Resources Corp
• Industry
  Electric services

Pursuant to this Performance Award Agreement (the “Award Agreement”), CENTERPOINT ENERGY, INC. (the “Company”) hereby grants to <first_name> <last_name>, an employee of the Company, this Performance Award (the “Award”) covering the target number of shares, <shares_awarded>, of Common Stock (the “Target Shares”) pursuant to the CENTERPOINT ENERGY, INC. 2009 LONG TERM INCENTIVE PLAN (the “Plan”). The number of Target Shares shall be subject to adjustment as provided in Section 14 of the Plan, conditioned upon the Company’s achievement of the Performance Goals over the course of the 20XX – 20XX Performance Cycle, and subject to the following terms and conditions: