Performance Unit Agreement Sample Contracts

PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • November 26th, 2018 • Varian Medical Systems Inc • Electromedical & electrotherapeutic apparatus • California

Varian Medical Systems, Inc. (the “Company”) hereby awards to the designated employee (“Employee”), Performance Units under the Company’s Fifth Amended and Restated 2005 Omnibus Stock Plan (the “Plan”). The Performance Units awarded under this Performance Unit Agreement (the "Agreement") consist of the right to receive shares of common stock of the Company (“Shares”). The Grant Date is the date of this Agreement (the “Grant Date”). Subject to the provisions of Appendix A of this Agreement ("Appendix A") (attached) and of the Plan, the principal features of this award are as follows:

CAPSTEAD MORTGAGE CORPORATION PERFORMANCE UNIT AGREEMENT FOR EXECUTIVE EMPLOYEES
Performance Unit Agreement • January 7th, 2019 • Capstead Mortgage Corp • Real estate investment trusts • Maryland

THIS PERFORMANCE UNIT AGREEMENT (this “Agreement”) made and entered into as of the [ ] day of [ ], 20[ ], effective as of the date hereof (hereinafter called the “Award Date”), by and between Capstead Mortgage Corporation, a Maryland corporation (“Capstead” or the “Company”), and « Name» (the “Grantee”).

CHART INDUSTRIES, INC. PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • February 22nd, 2018 • Chart Industries Inc • Fabricated plate work (boiler shops) • Delaware

THIS PERFORMANCE UNIT AGREEMENT (the “Agreement”), is entered into as of this [[grantdatewords]] (the “Grant Date”), by and between Chart Industries, Inc., a Delaware corporation (the “Company”), and [[FIRSTNAME]] [[LASTNAME]] (the “Grantee”).

Performance Unit Agreement
Performance Unit Agreement • February 16th, 2018 • Iron Mountain Inc • Real estate investment trusts • Massachusetts

This Performance Unit Agreement and the associated grant award information (the “Customizing Information”), which Customizing Information is provided in written form or is available in electronic form from the recordkeeper for the Iron Mountain Incorporated 2014 Stock and Cash Incentive Plan, as amended and in effect from time to time (the “Plan”), is made as of the date shown as the “Grant Date” in the Customizing Information (the “Grant Date”) by and between Iron Mountain Incorporated, a Delaware corporation (the “Company”), and the individual identified in the Customizing Information (the “Recipient”). This instrument and the Customizing Information are collectively referred to as the “Performance Unit Agreement.”

FORM OF PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • May 7th, 2013 • Xl Group PLC • Fire, marine & casualty insurance • New York

WHEREAS, the Company regards Grantee as a valuable employee of the Company and has determined it to be in the interest of the Company to grant to Grantee an award of Performance Units pursuant to Article VII of the Company’s 1991 Performance Incentive Program (the “Plan”);

HOLLY ENERGY PARTNERS, L.P. LONG-TERM INCENTIVE PLAN PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • November 3rd, 2021 • Holly Energy Partners Lp • Pipe lines (no natural gas) • Texas

This Performance Unit Agreement (the “Agreement”) is made and entered into by and between Holly Logistic Services, L.L.C., a Delaware limited liability company (the “Company”), and you. This Agreement is entered into as of the ___ day of _________, 2021 (the “Date of Grant”).

PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • May 4th, 2016 • EnLink Midstream Partners, LP • Natural gas transmission • Delaware

THIS PERFORMANCE UNIT AGREEMENT (this “Agreement”) is entered into by and between EnLink Midstream, LLC, a Delaware limited liability company (the “Company”), and _________________ (“Participant”) as of the Grant Date.

HOLLY ENERGY PARTNERS, L.P. LONG-TERM INCENTIVE PLAN
Performance Unit Agreement • February 21st, 2018 • Holly Energy Partners Lp • Pipe lines (no natural gas) • Texas

This Performance Unit Agreement (the “Agreement”) is made and entered into by and between Holly Logistic Services, L.L.C., a Delaware limited liability company (the “Company”), and you. This Agreement is entered into as of the ___ day of November, 2017 (the “Date of Grant”).

ROCKWELL COLLINS, INC. PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • December 8th, 2004 • Rockwell Collins Inc • Aircraft parts & auxiliary equipment, nec • Iowa

We are pleased to confirm that, as a key employee of Rockwell Collins, Inc. and its subsidiaries (“Rockwell Collins” or the “Company”), you have been granted a performance unit award payable in a lump sum amount in cash and/or in stock (as defined in paragraph 4) under the Rockwell Collins 2001 Long-Term Incentives Plan (the “Plan”). Any payout of your performance unit is based on the achievement by Rockwell Collins of the goals for Cumulative Sales and Return on Sales for its fiscal years of through [covering three fiscal years] (the “Performance Period”) as set forth in the matrix attached as Exhibit A (the “Matrix”). Any payout based on performance pursuant to the Matrix is to be further adjusted based on Shareowners Return as specified below. The terms and conditions of your award are as set forth in more detail below.

L3 TECHNOLOGIES, INC. AMENDED AND RESTATED PERFORMANCE UNIT AGREEMENT (Version 2018)
Performance Unit Agreement • May 1st, 2018 • L3 Technologies, Inc. • Radio & tv broadcasting & communications equipment • New York

This Performance Unit Agreement (this “Agreement”), effective as of the Grant Date (as defined below), is between L3 Technologies, Inc., a Delaware corporation (the “Corporation” or “L3”), and the Participant (as defined below).

PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • March 30th, 2006 • Mexican Restaurants Inc • Retail-eating places • Texas

This AGREEMENT made as of August 16, 2005, by and between Mexican Restaurants, Inc. (the "Corporation"), and Dennis Vegas (the "Recipient").

CHART INDUSTRIES, INC. AMENDED AND RESTATED 2009 OMNIBUS EQUITY PLAN PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • February 25th, 2014 • Chart Industries Inc • Fabricated plate work (boiler shops) • Delaware

THIS PERFORMANCE UNIT AGREEMENT (the “Agreement”), is entered into as of this ___ day of _________, 20___ (the “Grant Date”), by and between Chart Industries, Inc., a Delaware corporation (the “Company”), and ____________________________ (the “Grantee”).

CHART INDUSTRIES, INC. PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • March 1st, 2021 • Chart Industries Inc • Fabricated plate work (boiler shops) • Delaware

THIS PERFORMANCE UNIT AGREEMENT (the “Agreement”), is entered into as of this [[grantdatewords]] (the “Grant Date”), by and between Chart Industries, Inc., a Delaware corporation (the “Company”), and [[FIRSTNAME]] [[LASTNAME]] (the “Grantee”).

PERFORMANCE UNIT AGREEMENT (TIME VESTING) BIO-TECHNE CORPORATION SECOND AMENDED AND RESTATED
Performance Unit Agreement • August 25th, 2021 • BIO-TECHNE Corp • Biological products, (no disgnostic substances) • Minnesota

THIS AGREEMENT is made effective as of [●], by and between Bio-Techne Corporation, a Minnesota corporation (the “Company”), and [●] (“Participant”).

CAREER EDUCATION CORPORATION PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • March 6th, 2015 • Career Education Corp • Services-educational services • Delaware

This PERFORMANCE UNIT AGREEMENT (this “Agreement”) dated (the “Grant Date”) is by and between Career Education Corporation, a Delaware corporation (the “Company”), and (the “Grantee”).

PERFORMANCE UNIT AGREEMENT BIO-TECHNE CORPORATION SECOND AMENDED AND RESTATED
Performance Unit Agreement • August 25th, 2021 • BIO-TECHNE Corp • Biological products, (no disgnostic substances) • Minnesota

THIS AGREEMENT is made effective as of [●], by and between Bio-Techne Corporation, a Minnesota corporation (the “Company”), and [●] (“Participant”).

PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • March 1st, 2021 • DIEBOLD NIXDORF, Inc • Calculating & accounting machines (no electronic computers) • Ohio

This Performance Unit Agreement (this “Agreement”) is made and entered into as of the Date of Grant set forth on the Grant Detail Page by and between Diebold Nixdorf, Incorporated, an Ohio corporation (the “Company”) and Jeffrey Rutherford (the “Participant”).

PPL Corporation Amended and Restated 2012 Stock Incentive Plan Performance Unit Agreement
Performance Unit Agreement • February 22nd, 2018 • PPL Electric Utilities Corp • Electric services • Pennsylvania

PERFORMANCE UNIT AGREEMENT (the “Agreement”) dated as of the Date of Grant set forth in the Notice of Grant (as defined below), by and between PPL Corporation, a Pennsylvania corporation (the “Company”), and the participant whose name appears on the Notice of Grant (the “Participant”).

OGE ENERGY CORP. FORM OF PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • February 23rd, 2017 • Oge Energy Corp. • Electric services • Oklahoma

OGE Energy Corp. (the "Company") hereby awards, at target, to __________ (the "Participant") __ Performance Units pursuant to the OGE Energy Corp. 2013 Stock Incentive Plan (the "Plan"), the definitions and provisions of which are incorporated herein by reference.

AMENDMENT TO PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • October 25th, 2018 • CVR Refining, LP • Petroleum refining

This AMENDMENT TO PERFORMANCE UNIT AGREEMENT (this “Amendment”) is made and entered into as of September 17, 2018, by and between CVR Energy, Inc., a Delaware corporation (the “Company”) and David L. Lamp (the “Grantee”).

REYNOLDS AMERICAN INC. LONG-TERM INCENTIVE PLAN PERFORMANCE UNIT AGREEMENT DATE OF GRANT: MARCH 6, 2008
Performance Unit Agreement • May 2nd, 2008 • Reynolds American Inc • Cigarettes • North Carolina
PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • August 9th, 2007 • Amgen Inc • Biological products, (no disgnostic substances) • Delaware

On this __ day of _______________ (the “Grant Date”), Amgen Inc., a Delaware corporation (the “Company”), pursuant to its Performance Award Program (the “Program”) which implements the Amended and Restated 1991 Equity Incentive Plan (the “Plan”), has granted to you, the grantee named above, _____________ performance units (the “Units”) on the terms and conditions set forth in this Performance Unit Agreement (this “Agreement”), the Plan, the Program and the Resolutions (as defined below). Capitalized terms not defined herein shall have the meanings assigned to such terms in the Program.

IRON MOUNTAIN INCORPORATED Iron Mountain Incorporated 2002 Stock Incentive Plan Performance Unit Agreement
Performance Unit Agreement • March 19th, 2014 • Iron Mountain Inc • Public warehousing & storage • Massachusetts

This Performance Unit Agreement and the associated grant award information (the “Customizing Information”), which Customizing Information is provided in written form or is available in electronic form from the recordkeeper for the Iron Mountain Incorporated 2002 Stock Incentive Plan, as amended and in effect from time to time (the “Plan”), is made as of the date shown as the “Grant Date” in the Customizing Information (the “Grant Date”) by and between Iron Mountain Incorporated, a Delaware corporation (the “Company”), and the individual identified in the Customizing Information (the “Recipient”). This instrument and the Customizing Information is collectively referred to as the “Performance Unit Agreement.”

FORM OF PERFORMANCE UNIT AGREEMENT 20___ GRANT [for grants made on or after March 1, 2017]
Performance Unit Agreement • May 2nd, 2017 • Mastercard Inc • Services-business services, nec

THIS AGREEMENT, dated as of March 1, 201___ (“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 (“Plan”).

HOLLY LOGISTIC SERVICES, L.L.C. PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • July 30th, 2010 • Holly Energy Partners Lp • Pipe lines (no natural gas) • Texas

This Performance Unit Agreement (the “Agreement”) is made and entered into by and between HOLLY LOGISTIC SERVICES, L.L.C., a Delaware limited liability company (the “Company”), and (the “Employee”). This Agreement is entered into as of the 1st day of March, 2010 (the “Date of Grant”).

OGE ENERGY CORP. FORM OF PERFORMANCE UNIT AGREEMENT UNDER 2008 STOCK INCENTIVE PLAN
Performance Unit Agreement • May 6th, 2010 • Oge Energy Corp. • Electric services

OGE Energy Corp. (the “Company”) hereby awards, at target, to (____) (the “Participant”) (#) Performance Units pursuant to the OGE Energy Corp. 2008 Stock Incentive Plan (the “Plan”), the definitions and provisions of which are incorporated herein by reference.

PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • December 23rd, 2002 • Joy Global Inc • Mining machinery & equip (no oil & gas field mach & equip)

THIS AGREEMENT, entered into as of November 18, 2002 (the “Agreement Date”), by and between __________________ (the “Participant”) and Joy Global Inc. (the “Company”);

OGE ENERGY CORP. FORM OF PERFORMANCE UNIT AGREEMENT UNDER 2008 STOCK INCENTIVE PLAN
Performance Unit Agreement • May 2nd, 2013 • Oge Energy Corp. • Electric services

OGE Energy Corp. (the "Company") hereby awards, at target, to (_____) (the "Participant") (#) Performance Units pursuant to the OGE Energy Corp. 2008 Stock Incentive Plan (the "Plan"), the definitions and provisions of which are incorporated herein by reference.

PACKAGING CORPORATION OF AMERICA AMENDED AND RESTATED 1999 LONG-TERM EQUITY INCENTIVE PLAN PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • August 7th, 2015 • Packaging Corp of America • Paperboard containers & boxes

This Agreement is entered into between Packaging Corporation of America., a Delaware corporation (the "Company"), and the Participant named above. In consideration of the mutual covenants hereinafter set forth and for other good and valuable consideration, the Company and the Participant hereby agree as follows:

JER INVESTORS TRUST INC. JER Investors Trust Inc. Nonqualified Stock Option and Incentive Award Plan (Manager Only) Form of Performance Unit Agreement
Performance Unit Agreement • August 2nd, 2007 • JER Investors Trust Inc • Real estate investment trusts • Virginia

THIS PERFORMANCE UNIT AGREEMENT (this “Agreement”), dated and effective as of the __ day of [ ], 200[ ] (the “Date of Grant”), is entered into by and between JER Investors Trust Inc., a Maryland corporation (the “Company”), and [ ] (the “Grantee” and, together with the Company, the “Parties”).

YUM CHINA HOLDINGS, INC. LONG TERM INCENTIVE PLAN PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • May 8th, 2020 • Yum China Holdings, Inc. • Retail-eating places • Delaware

This PERFORMANCE UNIT AGREEMENT (“Agreement”) is made as of the Grant Date set forth in the Award Notice between YUM CHINA HOLDINGS, INC., a Delaware corporation (the “Company”), and the individual named in the Award Notice (“Participant”).

CORPORATION CASH SETTLED PERFORMANCE BASED LONG TERM INCENTIVE PLAN PERFORMANCE UNIT AGREEMENT – FY2017 THROUGH FY2019
Performance Unit Agreement • December 12th, 2016 • Lifevantage Corp • Pharmaceutical preparations

The Company hereby awards Performance Units to the Participant named below. The terms and conditions of the Award are set forth in this cover sheet, in the attached Performance Unit Agreement and in the Corporation Cash Settled Performance Based Long Term Incentive Plan as it may be amended from time to time (the “Plan”). This cover sheet is incorporated into and a part of the attached Performance Unit Agreement (together, the “Agreement”).

PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • May 10th, 2017 • Bankrate, Inc. • Services-computer processing & data preparation • Delaware

THIS PERFORMANCE UNIT AGREEMENT (this “Agreement”), dated as of March 15, 2017 (the “Grant Date”), is entered into by and between Bankrate, Inc., a Delaware corporation (the “Company”), and [NAME], an employee of the Company (the “Participant”).

PERFORMANCE UNIT AGREEMENT
Performance Unit Agreement • February 9th, 2021 • Amgen Inc • Biological products, (no disgnostic substances) • Delaware

On the Grant Date specified in the Award Notice, Amgen Inc., a Delaware corporation (the “Company”), has granted to you, the grantee named in the Award Notice, under the Amgen Inc. Amended and Restated 2009 Equity Incentive Plan, as amended and/or restated from time to time (the “Plan”), the Number of Performance Units (the “Performance Units”) specified in the Award Notice on the terms and conditions set forth in this Performance Unit Agreement (and any applicable additional terms and conditions for your country set forth in the attached Appendix A (as described in greater detail in Section XIV below)) (collectively, this “Agreement”), the Plan, the Amgen Inc. 2009 Performance Award Program, as amended and/or restated from time to time (the “Program”) and the Resolutions (as defined in the Award Notice). Capitalized terms not defined herein shall have the meanings assigned to such terms in the Program.