Performance Cash Unit Award Agreement Sample Contracts

PERFORMANCE CASH UNIT AWARD AGREEMENT PURSUANT TO THE AES CORPORATION 2003 LONG TERM COMPENSATION PLAN
Performance Cash Unit Award Agreement • February 26th, 2024 • Aes Corp • Cogeneration services & small power producers

The AES Corporation, a Delaware Corporation (the “Company”), grants to the Employee named below, pursuant to The AES Corporation 2003 Long Term Compensation Plan, as amended (the “Plan”), and this Performance Cash Unit Award Agreement (this “Agreement”), this Award of Performance Cash Units (“PCUs”), the value of which is related to and contingent upon the achievement of predetermined performance target (as set forth herein). Capitalized terms not otherwise defined herein shall each have the meaning assigned to them in the Plan.

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Performance Cash Unit Award Agreement • October 19th, 2012 • Shaw Group Inc • Miscellaneous fabricated metal products • Louisiana

This Performance Cash Unit (“PCU”) Award Agreement (the “Agreement”) dated as of [Insert Grant Date] (the “Grant Date” – i.e. the date on which the PCUs evidenced hereby were granted) is entered into between The Shaw Group Inc. (the “Company”) and [Insert Recipient’s Name] (the “Recipient”) pursuant to The Shaw Group Inc. 2008 Omnibus Incentive Plan (as the same may hereafter be amended, supplemented or otherwise modified, the “Plan”).

SOUTHWESTERN ENERGY COMPANY 2013 INCENTIVE PLAN, AS AMENDED PERFORMANCE CASH UNIT AWARD AGREEMENT
Performance Cash Unit Award Agreement • March 1st, 2021 • Southwestern Energy Co • Crude petroleum & natural gas • Delaware

SOUTHWESTERN ENERGY COMPANY, a Delaware corporation (“Southwestern”), has on this __ day of ________, 202_ (the “Award Date”) granted to _______________ (the “Participant”) an award in the form of cash units (the “Award”), the value of which depends on the performance of the Company over a specified time period (the “Performance Cash Units”). This Award is subject to the terms of this Performance Cash Unit Award Agreement (the “Agreement”) and is made pursuant to the Southwestern Energy Company 2013 Incentive Plan, as Amended (the “Plan”) and the Southwestern Energy Company Guidelines for Performance Cash Units Awards (the “Guidelines”) thereunder, both of which are incorporated into this Agreement by reference. Any capitalized terms used herein that are otherwise undefined shall have the meaning provided in the Plan or the Guidelines.

Rayonier Advanced Materials Inc.
Performance Cash Unit Award Agreement • March 1st, 2021 • Rayonier Advanced Materials Inc. • Pulp mills • Florida

This agreement (“Award Agreement”) is entered into by and between Rayonier Advanced Materials Inc., a corporation organized under the laws of the State of Delaware, with its principal office at 1301 Riverplace Boulevard, Suite 2300, Jacksonville, FL 32207 (the "Company"), and the undersigned qualified individual ("Participant"), pursuant to the Rayonier Advanced Materials Inc. 2017 Incentive Stock Plan, as amended (the "Plan"), as of this [__] day of [___], 2021 (the “Effective Date”).

Rayonier Advanced Materials Inc.
Performance Cash Unit Award Agreement • February 29th, 2024 • Rayonier Advanced Materials Inc. • Pulp mills • Florida

This agreement (“Award Agreement”) is entered into by and between Rayonier Advanced Materials Inc., a corporation organized under the laws of the State of Delaware, with its principal office at 1301 Riverplace Boulevard, Suite 2300, Jacksonville, FL 32207 (the "Company"), and the undersigned qualified individual ("Participant"), pursuant to the Rayonier Advanced Materials Inc. 2023 Incentive Stock Plan, as amended (the "Plan"), as of this 1st day of March 2024 (the “Effective Date”).

IES HOLDINGS, INC.
Performance Cash Unit Award Agreement • June 7th, 2016 • IES Holdings, Inc. • Electrical work • Delaware

THIS PERFORMANCE-BASED PHANTOM CASH UNIT AWARD AGREEMENT (“Agreement”) is made and entered into as of June 6, 2016 (“Grant Date”) by and between IES Holdings, Inc. (f/k/a Integrated Electrical Services, Inc.), a Delaware corporation (“Company”), and Thomas Santoni (“Participant”) pursuant to the terms and conditions of the Company’s Amended and Restated 2006 Equity Incentive Plan dated as of February 9, 2016 (“Plan”), in respect of 30,000 Performance Cash Units.

Rayonier Advanced Materials Inc.
Performance Cash Unit Award Agreement • February 29th, 2024 • Rayonier Advanced Materials Inc. • Pulp mills • Florida

This agreement (“Award Agreement”) is entered into by and between Rayonier Advanced Materials Inc., a corporation organized under the laws of the State of Delaware, with its principal office at 1301 Riverplace Boulevard, Suite 2300, Jacksonville, FL 32207 (the "Company"), and the undersigned qualified individual ("Participant"), pursuant to the Rayonier Advanced Materials Inc. 2023 Incentive Stock Plan, as amended (the "Plan"), as of this 1st day of March 2024 (the “Effective Date”).

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