Performance Unit Award Agreement Sample Contracts

Performance Unit Award Agreement (July 9th, 2018)

THIS PERFORMANCE UNIT AWARD AGREEMENT ("Award Agreement"), dated the day of , 20 ("Award Date"), is granted by KIMBALL INTERNATIONAL, INC., an Indiana corporation ("Company"), to ("Employee") pursuant to the terms of the Company's 2017 Stock Incentive Plan or any successor plan ("Plan").

EVO Payments, Inc. – EVO PAYMENTS, INC. 2018 OMNIBUS INCENTIVE STOCK PLAN Performance Unit Award Agreement (May 21st, 2018)

This Performance Unit Award Agreement (this Agreement) is made and entered into as of [DATE] (the Grant Date) by and between EVO Payments, Inc., a Delaware corporation (the Company) and [NAME] (the Grantee).

Darling Ingredients Inc. Performance Unit Award Agreement (May 9th, 2018)
2018-2020 Share-Based Performance Unit Award Agreement (May 9th, 2018)

This Share-based Performance Unit Award Agreement (this "Award") is made between Cincinnati Bell Inc. (the "Company" and, together with all of its subsidiary corporations and organizations, the "Employer") and PARTICIPANT NAME (the "Employee") and is effective as of GRANT DATE. By signing this Award, the Company and the Employee each agrees to all of the terms of this Award.

The Wendy's Co – LONG-TERM PERFORMANCE UNIT AWARD AGREEMENT (This "Agreement") (May 8th, 2018)

The Wendy's Company (the "Company"), pursuant to the provisions of The Wendy's Company 2010 Omnibus Award Plan (the "Plan"), hereby irrevocably grants an Award (the "Award") of Performance Units (the "Units"), on _____________, 20___ (the "Award Date") as specified below:

EVO Payments, Inc. – EVO PAYMENTS, INC. 2018 OMNIBUS INCENTIVE STOCK PLAN Performance Unit Award Agreement (May 7th, 2018)

This Performance Unit Award Agreement (this Agreement) is made and entered into as of [DATE] (the Grant Date) by and between EVO Payments, Inc., a Delaware corporation (the Company) and [NAME] (the Grantee).

Named Executive Officers 20__ Performance Unit Award Agreement (May 7th, 2018)

THIS PERFORMANCE UNIT AWARD AGREEMENT (the "Agreement") is by and between Pinnacle Financial Partners, Inc., a Tennessee corporation (the "Company"), and ___________ (the "Grantee"). Capitalized terms used but not defined in this Agreement shall have the meaning ascribed to such terms in the Pinnacle Financial Partners, Inc. 2018 Omnibus Equity Incentive Plan (the "Plan").

2018 Performance Unit Award Agreement Under the W. R. Berkley Corporation 2014 Long-Term Incentive Plan (May 7th, 2018)

This 2018 Performance Unit Award Agreement (this "Agreement"), effective January 1, 2018, represents an Award of Performance Units by W. R. Berkley Corporation (the "Company"), to the Participant named below, pursuant to the provisions of the W. R. Berkley Corporation 2014 Long-Term Incentive Plan (the "Plan"). The value of the Performance Units will be determined based on the increase in the Company's Book Value Per Share during the Performance Period, as determined below.

Banner Corporation – Banner Corporation 2018 Omnibus Incentive Plan [Form Of] Performance Unit Award Agreement (May 4th, 2018)

This Performance Unit Award ("Award") is granted by Banner Corporation ("Corporation") to [Name] ("Grantee") in accordance with the terms of this Agreement ("Agreement") and subject to the provisions of the Banner Corporation 2018 Omnibus Incentive Plan, as amended from time to time (the "Plan"), which is incorporated herein by reference.

Itt Inc. 2011 Omnibus Incentive Plan Performance Unit Award Agreement (May 4th, 2018)

THIS AGREEMENT (the "Agreement"), effective as of the 26th day of February 2018, by and between ITT Inc. (the "Company") and _______________ (the "Participant"),

PERFORMANCE UNIT AWARD AGREEMENT PIONEER NATURAL RESOURCES COMPANY AMENDED AND RESTATED 2006 LONG TERM INCENTIVE PLAN [Date] (May 4th, 2018)

This Agreement sets forth the terms of the agreement between you and the Company with respect to the Performance Units. By accepting this Agreement, you agree to be bound by all of the terms hereof.

Cooper-Standard Holdings Inc. – Cooper-Standard Holdings Inc. Performance Unit Award Agreement (May 2nd, 2018)

THIS AGREEMENT (this "Agreement"), which relates to a grant of performance-vested Restricted Stock Units ("PUs") made on Grant Date (the "Date of Grant"), is between Cooper-Standard Holdings Inc., a Delaware corporation (the "Company"), and the individual whose name is set forth on the signature page hereof (the "Participant"):

Cooper-Standard Holdings Inc. – Cooper-Standard Holdings Inc. Performance Unit Award Agreement (May 2nd, 2018)

THIS AGREEMENT (this "Agreement"), which relates to a grant of performance-vested Restricted Stock Units ("PUs") made on Grant Date (the "Date of Grant"), is between Cooper-Standard Holdings Inc., a Delaware corporation (the "Company"), and the individual whose name is set forth on the signature page hereof (the "Participant"):

Marathon Petroleum Corporation – Mplx Lp 2012 Incentive Compensation Plan Performance Unit Award Agreement 2018-2020 Performance Cycle Marathon Petroleum Corporation Officer (April 30th, 2018)

As evidenced by this Award Agreement and under the MPLX LP 2012 Incentive Compensation Plan (the "Plan"), MPLX GP LLC, a Delaware limited liability company (the "Company"), the general partner of MPLX LP, a Delaware limited partnership (the "Partnership") has granted to [NAME] (the "Participant"), an officer of Marathon Petroleum Corporation, the parent corporation of the Company ("MPC") in connection with benefits conferred on the Company and the Partnership for their service as an officer of MPC, on [DATE] (the "Grant Date"), [NUMBER] performance units ("Performance Units"), conditioned upon the Company's total unitholder return (or "TUR") ranking relative to the Peer Group and the DCF Payout Percentage for the Performance Cycle as established by the Board, and as set forth herein. The Performance Units are subject to the following terms and conditions:

Mplx Lp – Mplx Lp 2012 Incentive Compensation Plan Performance Unit Award Agreement 2018-2020 Performance Cycle Marathon Petroleum Corporation Officer (April 30th, 2018)

As evidenced by this Award Agreement and under the MPLX LP 2012 Incentive Compensation Plan (the "Plan"), MPLX GP LLC, a Delaware limited liability company (the "Company"), the general partner of MPLX LP, a Delaware limited partnership (the "Partnership") has granted to [NAME] (the "Participant"), an officer of Marathon Petroleum Corporation, the parent corporation of the Company ("MPC") in connection with benefits conferred on the Company and the Partnership for their service as an officer of MPC, on [DATE] (the "Grant Date"), [NUMBER] performance units ("Performance Units"), conditioned upon the Company's total unitholder return (or "TUR") ranking relative to the Peer Group and the DCF Payout Percentage for the Performance Cycle as established by the Board, and as set forth herein. The Performance Units are subject to the following terms and conditions:

Marathon Petroleum Corporation – Marathon Petroleum Corporation Performance Unit Award Agreement 2016- 2018 Performance Cycle (April 30th, 2018)

As evidenced by this Award Agreement and under the Marathon Petroleum Corporation 2012 Incentive Compensation Plan (the "Plan"), MARATHON PETROLEUM CORPORATION (the "Corporation") has granted to [NAME] (the "Participant"), an employee of the Corporation or a Subsidiary, on [DATE] (the "Grant Date"), [NUMBER] performance units ("Performance Units"), conditioned upon the Corporation's TSR ranking relative to the Peer Group for the Performance Cycle as established by the Compensation Committee of the Board of Directors of the Corporation (the "Committee"), and as set forth herein. The Performance Units are subject to the following terms and conditions:

Mplx Lp – Mplx Lp 2012 Incentive Compensation Plan Performance Unit Award Agreement 2018-2020 Performance Cycle (April 30th, 2018)

As evidenced by this Award Agreement and under the MPLX LP 2012 Incentive Compensation Plan (the "Plan"), MPLX GP LLC, a Delaware limited liability company (the "Company"), the general partner of MPLX LP, a Delaware limited partnership (the "Partnership") has granted to [NAME] (the "Participant"), an officer of the company, on [DATE] (the "Grant Date"), [NUMBER] performance units ("Performance Units"), conditioned upon the Company's total unitholder return (or "TUR") ranking relative to the Peer Group and the DCF Payout Percentage for the Performance Cycle as established by the Board, and as set forth herein. The Performance Units are subject to the following terms and conditions:

Marathon Petroleum Corporation – Mplx Lp 2012 Incentive Compensation Plan Performance Unit Award Agreement 2018-2020 Performance Cycle (April 30th, 2018)

As evidenced by this Award Agreement and under the MPLX LP 2012 Incentive Compensation Plan (the "Plan"), MPLX GP LLC, a Delaware limited liability company (the "Company"), the general partner of MPLX LP, a Delaware limited partnership (the "Partnership") has granted to [NAME] (the "Participant"), an officer of the company, on [DATE] (the "Grant Date"), [NUMBER] performance units ("Performance Units"), conditioned upon the Company's total unitholder return (or "TUR") ranking relative to the Peer Group and the DCF Payout Percentage for the Performance Cycle as established by the Board, and as set forth herein. The Performance Units are subject to the following terms and conditions:

Tailored Brands, Inc. 2016 Long-Term Incentive Plan Performance Unit Award Agreement (April 11th, 2018)

Tailored Brands, Inc., a Texas corporation (the Company), hereby grants to the employee of the Company named herein (the Employee) the following Performance Units Award (Performance Units) pursuant to the terms and conditions of the Tailored Brands, Inc. 2016 Long-Term Incentive Plan (the Plan), and this Performance Unit Award Agreement (this Award Agreement).

Performance Unit Award Agreement (March 23rd, 2018)

Stage Stores, Inc. ("Company"), pursuant to its 2017 Long-Term Incentive Plan ("Plan"), hereby grants to the individual listed below ("Participant") an award of performance units with respect to shares of common stock of the Company ("Performance Unit Award") on the terms set forth below. The Performance Unit Award is subject in all respects to the terms and conditions set forth herein and in the Addendum included herewith (collectively with the Addendum, this "Performance Unit Award Agreement" or this "Agreement") and the Plan, which is incorporated herein by reference and made part hereof. Unless otherwise defined herein, capitalized terms used in this Agreement shall have the meanings set forth in the Plan.

Southwestern Energy Company 2013 Incentive Plan Performance Unit Award Agreement (March 8th, 2018)

SOUTHWESTERN ENERGY COMPANY, a Delaware corporation ("Southwestern"), has on this ___ day of _____________, 20_ (the "Award Date") granted to _______________ (the "Participant") an award in the form of units (the "Award"), the value of which depends on the performance of the Company over a specified time period (the "Performance Units"). This Award is subject to the terms of this Performance 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 Units Awards (the "Guidelines"), 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 in the Guidelines.

State Auto Financial Corporation – State Auto Financial Corporation 2017 Long-Term Incentive Plan Performance Unit Award Agreement (February 28th, 2018)

State Auto Financial Corporation, an Ohio corporation (the "Company"), hereby grants to the undersigned employee of the Company (the "Participant") the following Performance Units Award ("Performance Units") pursuant to the terms and conditions of the State Auto Financial Corporation 2017 Long-Term Incentive Plan (the "Plan"), and this Performance Unit Award Agreement (this "Award Agreement").

Marathon Petroleum Corporation – Marathon Petroleum Corporation Modification to Performance Unit Award Agreements for the 2016-2018 and 2017-2019 Performance Cycles (February 28th, 2018)

WHEREAS, Marathon Petroleum Corporation (the "Company") currently maintains and operates the Marathon Petroleum Corporation 2012 Incentive Compensation Plan (the "2012 Plan");

2017 Performance Unit Award Agreement (February 27th, 2018)

You have been selected as a recipient of performance units ("Performance Units") under the 2017 Omnibus Incentive Plan of Dril-Quip, Inc. (the "Plan"). This Award Agreement ("Agreement") and the Plan together govern your rights and set forth all of the conditions and limitations affecting such rights. Terms used in this Agreement that are defined in the Plan will have the meanings ascribed to them in the Plan. If there is any inconsistency between the terms of this Agreement and the terms of the Plan, the Plan's terms will supersede and replace the conflicting terms of this Agreement.

Pinnacle Financial Partners, Inc. Named Executive Officers 2018 Performance Unit Award Agreement (February 26th, 2018)

THIS PERFORMANCE UNIT AWARD AGREEMENT (the "Agreement") is by and between Pinnacle Financial Partners, Inc., a Tennessee corporation (the "Company"), and ___________ (the "Grantee"). Capitalized terms used but not defined in this Agreement shall have the meaning ascribed to such terms in the Pinnacle Financial Partners, Inc. 2014 Equity Incentive Plan, as amended (the "Plan").

2017-2019 Share-Based Performance Unit Award Agreement (February 26th, 2018)

This Share-based Performance Unit Award Agreement (the or this "Award") is made between Cincinnati Bell Inc. (the "Company" and, together with all of its subsidiary corporations and organizations, the "Employer") and PARTICIPANT NAME (the "Employee") and is effective as of January 26, 2017. By signing this Award, the Company and the Employee each agrees to all of the terms of this Award.

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

This PERFORMANCE UNIT AWARD 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").

MARATHON OIL CORPORATION 2016 INCENTIVE COMPENSATION PLAN PERFORMANCE UNIT AWARD AGREEMENT 2017 - 2019 PERFORMANCE CYCLE Officer (February 22nd, 2018)
Marathon Oil Corporation 2016 Incentive Compensation Plan Performance Unit Award Agreement 2017 - 2019 Performance Cycle (February 22nd, 2018)
Performance Unit Award Agreement (February 22nd, 2018)

This Performance Unit Award Agreement (this "Agreement") is made and entered into as of February 19, 2018 (the "Grant Date") by and between ONE Gas, Inc., an Oklahoma corporation (the "Company") and [EMPLOYEE NAME] (the "Participant").

CAPITAL ONE FINANCIAL CORPORATION 2004 Stock Incentive Plan Performance Unit Award Agreement (February 21st, 2018)

THIS PERFORMANCE UNIT AWARD AGREEMENT (this "Agreement"), dated February 1, 2018 (the "Date of Grant"), between CAPITAL ONE FINANCIAL CORPORATION, a Delaware corporation ("Capital One" or the "Company"), and Richard D. Fairbank ("you"), is made pursuant and subject to the provisions of the Company's 2004 Stock Incentive Plan, as amended and restated (the "Plan") and all capitalized terms used herein that are defined in the Plan shall have the same meaning given them in the Plan unless they are otherwise defined herein.

NorthWestern Corporation Performance Unit Award Agreement (February 16th, 2018)

The long-term incentive program is designed to provide eligible employees of NorthWestern Corporation (together with its subsidiaries, the "Company") with a reward for their service with the Company for the Performance Period January 1, 2018, through December 31, 2020, and to award Grantee a certain number of Performance Units ("Performance Units"). This program provides eligible employees an incentive to continue their employment with, and to advance the interests of, the Company during and following the Performance Period. This award to Grantee will be governed by this Agreement and the Company's Amended and Restated Equity Compensation Plan (the "Plan").

Acxiom – Performance Unit Award Agreement (February 7th, 2018)

This Performance Unit Award Agreement (the "Agreement"), the accompanying Notice of Performance Unit Award (the "Notice"), and the 2005 Equity Compensation Plan of Acxiom Corporation (the "Plan"), constitute the agreement between Acxiom Corporation (the "Company") and you with regard to the Performance Units pertaining to the Company's common stock ("Common Stock") described in the Notice. Capitalized terms not otherwise defined herein will have the meanings set forth in the Plan. In the event of a conflict between the terms of the Plan and this Agreement, the terms of the Plan shall govern.

Team, Inc. – Performance Unit Award Agreement (January 16th, 2018)

This Performance Unit Award Agreement (this "Agreement") is made and entered into as of January 24, 2018 (the "Grant Date") by and between Team, Inc., a Delaware corporation (the "Company") and Amerino Gatti (the "Participant").

Concho Resources Inc. 2015 Stock Incentive Plan Performance Unit Award Agreement January 2, 2018 (January 4th, 2018)

This Agreement sets forth the terms of the agreement between you and the Company with respect to the Performance Units. By accepting this Agreement, you agree to be bound by all of the terms hereof.