Performance Unit Agreement Sample Contracts

Techne Corporation – Performance Unit Agreement (October 26th, 2018)

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

Cvr Refining Lp – Amendment to Performance Unit Agreement (October 25th, 2018)

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").

Cvr Energy Inc. – Amendment to Performance Unit Agreement (October 25th, 2018)

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").

Amendment to Performance Unit Agreement (October 25th, 2018)

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").

Garrett Transportation Systems Inc. – 2018 Stock Incentive Plan of Garrett Motion Inc. And Its Affiliates Form of Performance Unit Agreement (October 1st, 2018)
Banc of California, Inc. 2018 Omnibus Stock Incentive Plan Performance Unit Agreement (August 17th, 2018)

A Performance Unit is hereby awarded pursuant to this Performance Unit Agreement (this Agreement) on , 20 (the Grant Date) by Banc of California, Inc., a Maryland corporation (the Company), to (the Grantee), in accordance with the following terms and conditions:

Packaging Corporation of America Amended and Restated 1999 Long-Term Equity Incentive Plan Performance Unit Agreement-Tsr (August 8th, 2018)

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:

Packaging Corporation of America Amended and Restated 1999 Long-Term Equity Incentive Plan Performance Unit Agreement-Roic (August 8th, 2018)

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:

L3 Technologies, Inc. Global Amendment to Performance Unit Agreements (July 26th, 2018)

THIS GLOBAL AMENDMENT (this "Amendment"), dated as of July 25, 2018 (the "Effective Time"), amends each outstanding Performance Unit Agreement granted on or after February 16, 2016 (each, an "Award Agreement") pursuant to the L3 Technologies, Inc. Amended and Restated 2008 Long Term Performance Plan (the "Plan"), and is entered into by L3 Technologies, Inc., a Delaware corporation (the "Company"). Capitalized terms used herein without definition have the meanings assigned to such terms under the applicable Award Agreement.

L3 TECHNOLOGIES, INC. AMENDED AND RESTATED 2008 LONG TERM PERFORMANCE PLAN PERFORMANCE UNIT AGREEMENT (Version 2018) (May 1st, 2018)

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).

2018 Performance Unit Agreement (March 5th, 2018)

This 2018 PERFORMANCE UNIT AGREEMENT (this "Agreement") is between OCEANEERING INTERNATIONAL, INC. (the "Company") and ____________________ (the "Participant"), an employee of the Company or one of its Subsidiaries, regarding an award (this "2018 Performance Award") of ____________________ units (the "Performance Units"), each representing an initial notional value of $100.00, under the SECOND AMENDED AND RESTATED 2010 INCENTIVE PLAN OF OCEANEERING INTERNATIONAL, INC. (the "Plan"), awarded to the Participant effective March 1, 2018 (the "Award Date"), and subject to the following terms and conditions:

Performance Unit Agreement (Award Pursuant to 2016 Employee Equity Incentive Plan, as Amended) (March 1st, 2018)

This Agreement certifies that you have been awarded the number of performance units shown above ("Performance Units"), effective as of the date of grant set forth above ("Date of Grant"). Subject to the vesting and other provisions below, each Performance Unit represents the obligation of Aegion Corporation (the "Company") to transfer one share of Class A common stock, par value $0.01 per share ("Common Stock") to you at the time provided in this Agreement. This award (the "Award") is granted to you pursuant to the 2016 Employee Equity Incentive Plan, as amended (the "Plan"), and is subject to the terms, conditions and restrictions in the Plan and those set forth below. Any capitalized, but undefined, term used in this Agreement shall have the meaning ascribed to it in the Plan.

Stewart Information Services Corporation – Stewart Information Services Corporation Restricted Performance Unit Agreement (Tsr) (February 28th, 2018)

THIS RESTRICTED PERFORMANCE UNIT AGREEMENT (the "Award Agreement") is hereby granted as of February 8, 2018 (the "Grant Date") by Stewart Information Services Corporation, a Delaware corporation (the "Company"), to [______] (the "Participant") pursuant to the Stewart Information Services Corporation 2014 Long Term Incentive Plan (the "Plan"), and subject to the terms and conditions set forth therein and as set out in this Award Agreement. Capitalized terms used herein shall, unless otherwise required by the context, have the meaning ascribed to such terms in the Plan or as set forth herein.

Stewart Information Services Corporation – Stewart Information Services Corporation Restricted Performance Unit Agreement (Bv) (February 28th, 2018)

THIS RESTRICTED PERFORMANCE UNIT AGREEMENT (the "Award Agreement") is hereby granted as of February 8, 2018 (the "Grant Date") by Stewart Information Services Corporation, a Delaware corporation (the "Company"), to [______] (the "Participant") pursuant to the Stewart Information Services Corporation 2014 Long Term Incentive Plan (the "Plan"), and subject to the terms and conditions set forth therein and as set out in this Award Agreement. Capitalized terms used herein shall, unless otherwise required by the context, have the meaning ascribed to such terms in the Plan or as set forth herein.

Viad – 2017 VIAD CORP OMNIBUS INCENTIVE PLAN PERFORMANCE UNIT AGREEMENT (Effective as of February 27, 2018) (February 28th, 2018)

Performance Units are hereby awarded by Viad Corp ("Corporation"), a Delaware corporation, effective ___________, 20___, to _________ ("Employee") in accordance with the following terms and conditions:

2018-2020 Performance Unit Agreement ("Agreement") - Under the 2015 Equity Ownership Plan of Entergy Corporation and Subsidiaries (February 26th, 2018)

Pursuant to the 2015 Equity Ownership Plan of Entergy Corporation and Subsidiaries (the "Plan"), you are eligible to participate at a target Achievement Level (as defined below) of that number of performance units (the "Target Performance Units") (based upon an Achievement Level of 100%) set forth under the heading "Total Granted" on the Performance Unit Grant Notice to which this Agreement is attached (the "Grant Notice") for the performance period commencing January 1, 2018 and ending December 31, 2020 (the "Performance Period"), subject to the terms of the Plan and to the following terms and conditions:

Cvr Energy, Inc. Long-Term Incentive Plan Performance Unit Agreement (February 23rd, 2018)

THIS PERFORMANCE UNIT AGREEMENT (this "Agreement"), made as of November 1, 2017 (the "Grant Date"), between CVR Energy, Inc., a Delaware corporation (the "Company"), and the individual grantee designated on the signature page hereof (the "Grantee").

PPL Corporation Amended and Restated 2012 Stock Incentive Plan Performance Unit Agreement (February 22nd, 2018)

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").

Chart Industries, Inc. 2017 Omnibus Equity Plan Performance Unit Agreement (February 22nd, 2018)

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").

PPL Corporation Amended and Restated 2012 Stock Incentive Plan Performance Unit Agreement (February 22nd, 2018)

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").

Performance Unit Agreement (February 20th, 2018)

[Global Affiliate] (the Global Affiliate) confirms that, on [grant date] (the Grant Date), you [name] were granted [number] Performance Units (your Performance Units), and approves and ratifies such grant. Your Performance Units are subject to the terms and conditions of the MetLife, Inc. 2015 Stock and Incentive Compensation Plan (the Plan) and this Performance Unit Agreement (this Agreement), which includes the Award Agreement Supplement (the Supplement). Please note that the Supplement includes terms for forfeiture of your Performance Units under some circumstances. Any payment due under this Agreement may be made by any one or more Affiliates (the Paying Affiliate).

Performance Unit Agreement (February 16th, 2018)

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."

CORNING INCORPORATED CASH PERFORMANCE UNIT AGREEMENT (Terms and Conditions) (February 15th, 2018)

This Cash Performance Unit Agreement ("Agreement") dated February 7, 2018 between Corning Incorporated (the "Company") and the employee (the "Employee") is subject in all respects to the Company's 2012 Long-Term Incentive Plan as amended from time to time (the "Plan"), a copy of which may be obtained from the Company's Secretary at One Riverfront Plaza, Corning, New York 14831. Capitalized terms not otherwise defined herein shall have the meaning ascribed thereto in the Plan.

2018 ANNUAL CASH INCENTIVE PLAN Performance Unit Agreement (January 31st, 2018)

This Award Agreement between Qualcomm Incorporated (the "Company") and <<Executive's Name>> (the "Executive") evidences the grant of a Performance Unit (this "Award") under the Qualcomm Incorporated 2016 Long-Term Incentive Plan (the "Plan"), representing a right to receive a cash payment equal to the amount determined by the Compensation Committee (the "Committee") based on performance as set forth herein.

Capstead Mortgage Corporation – Capstead Mortgage Corporation Performance Unit Agreement for Executive Employees (January 4th, 2018)

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).

Performance Unit Agreement (November 15th, 2017)

Varian Medical Systems, Inc. (the "Company") hereby awards to the designated employee ("Employee"), Performance Units under the Company's Fourth 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:

Global Restricted Stock Performance Unit Agreement Pursuant to the Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan (November 8th, 2017)

THIS AGREEMENT (the "Agreement") is made effective as of the Grant Date (as defined below) by and between Take-Two Interactive Software, Inc. (the "Company") and <<Participant Name>> (the "Participant").

Techne Corporation – Performance Unit Agreement (October 26th, 2017)

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

Packaging Corporation of America Amended and Restated 1999 Long-Term Equity Incentive Plan Performance Unit Agreement (August 4th, 2017)

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:

Performance Unit Agreement (August 4th, 2017)

THIS AGREEMENT, by and between XL Group Ltd, an exempted company incorporated in Bermuda with limited liability ("the Company"), and You (the "Grantee") is effective as of February 28, 2017.

Performance Unit Agreement (August 4th, 2017)

THIS AGREEMENT, by and between XL Group Ltd, an exempted company incorporated in Bermuda with limited liability ("the Company"), and You (the "Grantee") is effective as of February 28, 2017.

Avery Dennison Corporation Performance Unit Agreement (August 1st, 2017)

THIS AGREEMENT, dated [Grant Date] (the Grant Date), is made by and between Avery Dennison Corporation, a Delaware corporation (the Company) and [Participant Name], an Employee (Awardee).

Valvoline Inc – Performance Unit Agreement (May 15th, 2017)

Valvoline Inc. ("Valvoline") hereby grants to the above-named Participant (the "Participant") _____________ Performance Units (this "Award") pursuant to the 2016 Valvoline Inc. Incentive Plan (the "Plan") and this agreement (this "Agreement"), in order to provide the Participant with an additional incentive to continue his or her services to Valvoline and its Subsidiaries and to continue to work for the best interests of Valvoline and its Subsidiaries. The Performance Units represent the contingent right (as set forth herein) of the Participant to receive a number of shares of Common Stock, based upon the achievement of the performance goals set forth in the Long-Term Incentive Plan Program Memorandum (the "LTIP") (Attachment 1), to be delivered within 30 days after the Award becomes vested as provided herein.

Supplemental 2017 Performance Unit Agreement (May 5th, 2017)

This SUPPLEMENTAL 2017 PERFORMANCE UNIT AGREEMENT (this "Agreement") is between OCEANEERING INTERNATIONAL, INC. (the "Company") and Roderick A. Larson (the "Participant"), an employee of the Company or one of its Subsidiaries, regarding an award (this "2017 Performance Award") of 9,825 units (the "Performance Units"), each representing an initial notional value of $100.00, under the SECOND AMENDED AND RESTATED 2010 INCENTIVE PLAN OF OCEANEERING INTERNATIONAL, INC. (the "Plan"), awarded to the Participant effective May 5, 2017 (the "Award Date"), and subject to the following terms and conditions:

CPI Card Group Inc. – Cpi Card Group Inc. Omnibus Incentive Plan Cash Performance Unit Agreement (May 4th, 2017)

This CASH PERFORMANCE UNIT AGREEMENT (this "Agreement") is made effective as of March 22, 2017 (the "Grant Date") by and between CPI Card Group Inc., a Delaware corporation (the "Company"), and ___________________ (the "Participant"), pursuant to the CPI Card Group Inc. Omnibus Incentive Plan, as in effect and as amended from time to time (the "Plan"). Capitalized terms that are not defined herein shall have the meanings given to such terms in the Plan.