Performance Stock Unit Agreement Sample Contracts

VERALTO CORPORATION
Performance Stock Unit Agreement • February 28th, 2024 • Veralto Corp • Instruments for meas & testing of electricity & elec signals • Delaware

Unless otherwise defined herein, the terms defined in the Veralto Corporation 2023 Omnibus Incentive Plan (the “Plan”) will have the same defined meanings in this Performance Stock Unit Agreement (the “Agreement”).

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Skyline Champion Corporation Performance Stock Unit Agreement
Performance Stock Unit Agreement • May 24th, 2022 • Skyline Champion Corp • Mobile homes

This Performance Stock Unit Agreement (this “Agreement”), is made, effective as of January 13, 2022 (the “Date of Grant”), between Skyline Champion Corporation (the “Company”), and the individual named above (the “Participant”), pursuant to and subject to the terms of the Company’s 2018 Equity Incentive Plan (as amended from time to time, the “Plan”).

PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • May 7th, 2019 • Hertz Corp • Services-auto rental & leasing (no drivers) • Delaware

THIS PERFORMANCE STOCK UNIT AGREEMENT (the “Agreement”) is entered into by and between Hertz Global Holdings, Inc., a Delaware corporation (the “Company”), and the Participant (defined hereafter) pursuant to the Hertz Global Holdings, Inc. 2016 Omnibus Incentive Plan, as amended from time to time (the “Plan”), in combination with a 2019 Long Term Incentive Award Summary (or applicable portion thereof) (the “Award Summary”). The Award Summary, which identifies the person to whom the performance stock units are granted (the “Participant”) and specifies the date of grant of this Award (the “Grant Date”) and other details of this Award, and the electronic acceptance of this Agreement, are incorporated herein by reference.

VERIZON COMMUNICATIONS INC. LONG-TERM INCENTIVE PLAN PERFORMANCE STOCK UNIT AGREEMENT 2015–2017 AWARD CYCLE
Performance Stock Unit Agreement • April 28th, 2015 • Verizon Communications Inc • Telephone communications (no radiotelephone) • Delaware

If the Verizon FCF is $XXB or less but greater than $XXB, or less than $XXB but greater than $XXB, or less than $XXB but greater than $XXB, the Verizon FCF Vested Percentage will be interpolated on a straight-line basis between the respective levels (for example, if the Verizon FCF is $XXB, the Verizon FCF Vested Percentage will be 75%).

PERFORMANCE STOCK UNIT AGREEMENT PURSUANT TO THE
Performance Stock Unit Agreement • May 4th, 2023 • BOISE CASCADE Co • Wholesale-lumber & other construction materials • Delaware

THIS PERFORMANCE STOCK UNIT AWARD AGREEMENT (this “Agreement”), dated as of the Grant Date above, is entered into by and between Boise Cascade Company, a corporation organized in the State of Delaware (the “Company”), and the Participant specified above, pursuant to the 2016 Boise Cascade Omnibus Incentive Plan (the “Plan”). This Agreement is not enforceable until you accept the Agreement electronically. Electronic acceptance constitutes your acknowledgment of receipt of the Award and your agreement to the terms of the Agreement.

AMBAC FINANCIAL GROUP, INC. PERFORMANCE STOCK UNIT AGREEMENT FOR LONG-TERM INCENTIVE COMPENSATION AWARD (Employees without Employment Agreements)
Performance Stock Unit Agreement • May 9th, 2023 • Ambac Financial Group Inc • Surety insurance • New York

Effective as of [Date], 2023 (the “Grant Date”), [Name] (the “Participant”) has been granted an Award under the Ambac Financial Group, Inc. 2020 Incentive Compensation Plan (the “Incentive Plan”). This Agreement evidences the Award, which shall consist of a Full Value Award in the form of performance stock units (“Performance Stock Units”). In addition to the terms and conditions of the Incentive Plan and the Award shall be subject to the following terms and conditions (sometimes referred to as this “Agreement”).

THIRD AMENDED AND RESTATED PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • April 26th, 2022 • O-I Glass, Inc. /DE/ • Glass containers • Delaware

THIS PERFORMANCE STOCK UNIT AGREEMENT (“Agreement”), dated as of the grant date referenced above (the “Grant Date”) is made by and between O-I Glass, Inc., a Delaware corporation (the “Company”) and the person whose account for which this grant is being accepted, an employee or consultant of the Company, a Parent Corporation or a Subsidiary (the “Participant”):

PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • April 29th, 2021 • Kbr, Inc. • Heavy construction other than bldg const - contractors • Texas
PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • May 4th, 2020 • Kbr, Inc. • Heavy construction other than bldg const - contractors • Texas
SECUREWORKS CORP.
Performance Stock Unit Agreement • March 23rd, 2023 • SecureWorks Corp • Services-prepackaged software

SecureWorks Corp., a Delaware corporation (the “Company”), hereby grants performance stock units (the “PSUs”) relating to shares of the Company’s Class A common stock, par value $0.01 per share (the “Stock”), to the Grantee named below, subject to (i) the Stockholder Approval Condition (as defined in the attached Performance Stock Unit Agreement), and (ii) the vesting conditions set forth below. Additional terms and conditions of the PSUs are set forth on this cover sheet and in the attached Performance Stock Unit Agreement (together with all exhibits, the “Agreement”) and in the SecureWorks Corp. 2016 Long-Term Incentive Plan (as amended from time to time, the “Plan”).

VERIZON COMMUNICATIONS INC. LONG-TERM INCENTIVE PLAN
Performance Stock Unit Agreement • April 27th, 2021 • Verizon Communications Inc • Telephone communications (no radiotelephone) • Delaware

AGREEMENT between Verizon Communications Inc. (“Verizon” or the “Company”) and you (the “Participant”) and your heirs and beneficiaries.

WELLCARE HEALTH PLANS, INC. PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • March 28th, 2011 • Wellcare Health Plans, Inc. • Hospital & medical service plans • Delaware

This PERFORMANCE STOCK UNIT AGREEMENT (the “Agreement”) is made and entered into effective as of [•] (the “Grant Date”), by and between WellCare Health Plans, Inc., a Delaware corporation (the “Company”), and [•] (the “Grantee”).

PRA GROUP, INC. PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • May 9th, 2023 • Pra Group Inc • Services-consumer credit reporting, collection agencies • Virginia

This Performance Stock Unit Agreement, including the calculations set forth in Annex A and the country-specific terms set forth in the attached Appendix (collectively the “Agreement”), describes in detail your rights with respect to the Performance Stock Units (“PSUs”) granted herein (“LTI Award”) and sets forth the conditions, terms and limitations applicable to this grant, subject to the terms and conditions of the Plan. This Agreement constitutes a legal agreement between you (“Grantee”) and the Company. Capitalized terms used in this Agreement, but not otherwise defined herein, shall have the meanings set forth in the Plan.

PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • March 19th, 2014 • Hertz Global Holdings Inc • Services-auto rental & leasing (no drivers) • Delaware

This PERFORMANCE STOCK UNIT AGREEMENT (the “Agreement”), dated as of the Grant Date set forth on the signature page hereof, is entered into by and between Hertz Global Holdings, Inc., a Delaware corporation (the “Company”), and the individual whose name is set forth on the participant section of the signature page hereof (the “Participant”).

PERFORMANCE STOCK UNIT AGREEMENT PURSUANT TO THE TECHNIPFMC PLC INCENTIVE AWARD PLAN
Performance Stock Unit Agreement • April 27th, 2023 • TechnipFMC PLC • Oil & gas field machinery & equipment • Delaware

This Performance Stock Unit Agreement (the “Agreement”) is made as of February 21, 2023 (the “Grant Date”) by TechnipFMC plc, a public limited company incorporated under the laws of England and Wales (the “Company”), and #ParticipantName# (the “Participant”).

FORM OF PERFORMANCE STOCK UNIT AGREEMENT 20xxGRANT [effective for awards granted on and subsequent to March 1, 2023] Name: xxxxxx $ Granted: $ xxx,xxx
Performance Stock Unit Agreement • April 27th, 2023 • Mastercard Inc • Services-business services, nec

THIS AGREEMENT, dated as of March 1, 20xx, (“Grant Date”) is between Mastercard Incorporated, a Delaware Corporation (“Company”), and you (the “Employee”). Capitalized terms that are used but not defined in this Agreement have the meanings given to them in the 2006 Long Term Incentive Plan, as amended (“Plan”).

SiteOne Landscape Supply, Inc. Form of Performance Stock Unit Agreement
Performance Stock Unit Agreement • February 14th, 2022 • SiteOne Landscape Supply, Inc. • Wholesale-professional & commercial equipment & supplies • Delaware

This Performance Stock Unit Agreement (this "Agreement") is made and entered into as of __________, 202_ (the "Grant Date") by and between SiteOne Landscape Supply, Inc., a Delaware corporation (the "Company") and _____________________________ (the "Participant").

PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • May 3rd, 2023 • Civitas Resources, Inc. • Crude petroleum & natural gas

THIS PERFORMANCE STOCK UNIT AGREEMENT (this “Agreement”) is entered into as of the Grant Date (as defined below), by and between Grantee (as defined below) and Civitas Resources, Inc., a Delaware corporation (the “Company”).

ONESPAWORLD HOLDINGS LIMITED PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • March 4th, 2022 • ONESPAWORLD HOLDINGS LTD • Services-membership sports & recreation clubs

OneSpaWorld Holdings Limited (the “Company”) has granted, as of the date (the “Grant Date”) specified in the Grant Notice to the Participant named in the Notice of Grant of Performance Stock Unit (the “Grant Notice”) to which this Performance Stock Unit Agreement (this “PSU Agreement”) is attached, the number of performance stock units (the “PSUs”) set forth in the Grant Notice, and upon the terms and conditions set forth in the Grant Notice and this PSU Agreement. The PSUs have been granted pursuant to and shall in all respects be subject to the terms and conditions of the OneSpaWorld Holdings Limited 2019 Equity Incentive Plan (the “Plan”), the provisions of which are incorporated herein by reference. By signing the Grant Notice, the Participant: (a) acknowledges receipt of, and represents that the Participant has read and is familiar with, the Grant Notice, this PSU Agreement, and the Plan and shall be provided a prospectus for the Plan prepared in connection with the registration w

PERFORMANCE STOCK UNIT AGREEMENT PURSUANT TO THE FALCON MINERALS CORPORATION
Performance Stock Unit Agreement • May 11th, 2020 • Falcon Minerals Corp • Crude petroleum & natural gas • Delaware

THIS PERFORMANCE STOCK UNIT AGREEMENT (this “Agreement”), dated as of the Grant Date specified above, is entered into by and between Falcon Minerals Corporation, a Delaware corporation (the “Company”), and the Participant specified above, pursuant to the Falcon Minerals Corporation 2018 Long-Term Incentive Plan, as in effect and as amended from time to time (the “Plan”), which is administered by the Committee; and

Performance Stock Unit Agreement
Performance Stock Unit Agreement • May 7th, 2018 • Us Ecology, Inc. • Refuse systems • Delaware

This Performance Stock Unit Agreement (this "Agreement") is made and entered into as of January 2, 2018 (the "Grant Date") by and between US Ecology, Inc., a Delaware corporation (the "Company"), and _____________ (the "Grantee").

AMBAC FINANCIAL GROUP, INC. PERFORMANCE STOCK UNIT AGREEMENT FOR LONG-TERM INCENTIVE COMPENSATION AWARD (Employees with Employment Agreements)
Performance Stock Unit Agreement • August 8th, 2019 • Ambac Financial Group Inc • Surety insurance • New York

Effective as of [Date], 2019 (the “Grant Date”), [Name] (the “Participant”) has been granted an Award under the Ambac Financial Group, Inc. Incentive Compensation Plan (the “Incentive Plan”) and in accordance with the Ambac Financial Group, Inc. Long-Term Incentive Compensation Plan (the “LTIP”), which is a subplan to the Incentive Plan. This Agreement evidences the Award, which shall consist of a Full Value Award in the form of performance stock units (“Performance Stock Units”). In addition to the terms and conditions of the Incentive Plan and the LTIP, the Award shall be subject to the following terms and conditions (sometimes referred to as this “Agreement”).

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PERFORMANCE STOCK UNIT AGREEMENT DST SYSTEMS, INC. 2015 EQUITY AND INCENTIVE PLAN
Performance Stock Unit Agreement • February 29th, 2016 • DST Systems Inc • Services-computer processing & data preparation • Delaware

THIS AGREEMENT is made and entered into as of the "Grant Date" (see Paragraph 1(a)), by and between DST SYSTEMS, INC. ("Company") and recipient ("Employee") of an Award under the DST Systems, Inc. 2015 Equity and Incentive Plan, as amended and interpreted from time to time (the "Plan").

AMENDED AND RESTATED 2018 STOCK INCENTIVE PLAN OF RESIDEO TECHNOLOGIES, INC. AND ITS AFFILIATES FORM OF PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • November 1st, 2022 • Resideo Technologies, Inc. • Wholesale-hardware • Delaware

PERFORMANCE STOCK UNIT AGREEMENT (this “Agreement”) as of the [DAY] day of [MONTH, YEAR] (the “Award Date”) between Resideo Technologies, Inc. (the “Company”) and [EMPLOYEE NAME] (the “Participant”).

CIENA CORPORATION
Performance Stock Unit Agreement • September 6th, 2023 • Ciena Corp • Telephone & telegraph apparatus • Delaware

Ciena Corporation, a Delaware corporation, (the “Company”), hereby grants performance stock units relating to shares of its common stock, $0.01 par value (the “Stock”), to the individual named below as the Grantee, subject to the performance and vesting and other terms and conditions set forth in this Performance Stock Unit Agreement, including the attached terms and conditions and any appendix attached hereto (together, the “Agreement”). This grant is subject to the terms and conditions set forth in (i) this Agreement, (ii) the Ciena Corporation 2017 Omnibus Incentive Plan (as it may be amended from time to time, the “Plan”), and (iii) the grant details for this award contained in Grantee’s account with the Company’s selected broker. Capitalized terms not defined in this Agreement are defined in the Plan, and have the meaning set forth in the Plan.

DUCOMMUN INCORPORATED PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • May 4th, 2023 • Ducommun Inc /De/ • Aircraft parts & auxiliary equipment, nec • California

This performance stock unit agreement is made as of ________, 2022 (the “Effective Date”), between Ducommun Incorporated, a Delaware corporation (the “Corporation”), and __________ (“Award Holder”).

PERFORMANCE STOCK UNIT AGREEMENT PARK HOTELS & RESORTS INC.
Performance Stock Unit Agreement • March 1st, 2017 • Park Hotels & Resorts Inc. • Hotels & motels • Delaware

This Performance Stock Unit Agreement (this “Agreement”), effective as of (the “Grant Date”), is between Park Hotels & Resorts Inc., a Delaware corporation (the “Company”), and Thomas J. Baltimore, Jr. (the “Participant”).

CACTUS, INC. LONG TERM INCENTIVE PLAN PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • February 28th, 2022 • Cactus, Inc. • Oil & gas field machinery & equipment • Delaware

This Performance Stock Unit Agreement (“Agreement”) is made and entered into as of the Grant Date by and between Cactus, Inc., a Delaware corporation (the “Company”), and you.

CVS HEALTH CORPORATION PERFORMANCE STOCK UNIT AGREEMENT– ANNUAL GRANT GRANT DATE: xx/xx/xxxx
Performance Stock Unit Agreement • November 6th, 2020 • CVS HEALTH Corp • Retail-drug stores and proprietary stores • Delaware
THE ALTRIA GROUP, INC. PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • April 27th, 2023 • Altria Group, Inc. • Cigarettes

ALTRIA GROUP, INC. (“Company”), a Virginia corporation, hereby grants to the employee identified in the 2023 Stock Award section of the Award Statement (“Employee”) under the Altria Group, Inc. 2020 Performance Incentive Plan (“Plan”) a performance stock unit award (“Award”) with respect to the target number of shares of Common Stock of the Company (“Common Stock”) set forth in the 2023 Stock Award section of the Award Statement (“PSUs”), all in accordance with and subject to the following terms and conditions of this Performance Stock Unit Agreement (“Agreement”).

Form of Performance Stock Unit Award Agreement CULLEN/FROST BANKERS, INC. PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • February 6th, 2024 • Cullen/Frost Bankers, Inc. • National commercial banks • Texas
GARTNER, INC. PERFORMANCE STOCK UNIT AGREEMENT Grant # NOTICE OF GRANT
Performance Stock Unit Agreement • February 7th, 2017 • Gartner Inc • Services-management services • Connecticut

Gartner, Inc. (the “Company”) hereby grants you, __________________ (the “Grantee”), the number of performance stock units indicated below (a “PSU” or the “PSUs”) under the Company’s 2014 Long-Term Incentive Plan (the “Plan”) (this type of Award is referred to as Performance Shares under the Plan). The date of this Agreement is February 6, 2017 (the “Grant Date”). Subject to the provisions of Appendix A (attached hereto) and of the Plan, the principal features of this Performance Stock Unit grant are as follows:

GRANITE POINT MORTGAGE TRUST INC.
Performance Stock Unit Agreement • June 3rd, 2022 • Granite Point Mortgage Trust Inc. • Real estate investment trusts • New York
WALKER & DUNLOP, INC.
Performance Stock Unit Agreement • May 6th, 2021 • Walker & Dunlop, Inc. • Finance services

Walker & Dunlop, Inc., a Maryland corporation (the “Company”), hereby grants performance stock units (the “Performance Stock Units”) relating to shares of the Company’s common stock, par value $0.01 per share (the “Stock”) to the Grantee named below, subject to the achievement of performance goals and vesting conditions set forth below. Additional terms and conditions of the Performance Stock Units are set forth on this cover sheet and in the attached Performance Stock Unit Agreement (together, the “Agreement”), in the Company’s 2020 Equity Incentive Plan (as amended from time to time, the “Plan”), and in any written employment or other written compensatory agreement between you and the Company or any Affiliate (if any, the “Employment Agreement”).

FORM OF ADDENDUM TO VERIZON COMMUNICATIONS INC. LONG-TERM INCENTIVE PLAN PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • April 28th, 2010 • Verizon Communications Inc • Telephone communications (no radiotelephone)

This is an addendum to the Performance Stock Unit Agreement (the “Agreement”) entered into between Verizon Communications Inc. (“Verizon” or the “Company”) and (the “Participant”). The effective date of this addendum is , and it shall remain in effect through .

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