Restricted Stock Unit Inducement Grant Award Agreement Sample Contracts

RESTRICTED STOCK UNIT INDUCEMENT GRANT AWARD AGREEMENT
Restricted Stock Unit Inducement Grant Award Agreement • November 6th, 2020 • Tenneco Inc • Motor vehicle parts & accessories

As a material inducement for the Executive to commence employment as the Executive Vice President and Chief Financial Officer of Tenneco Inc. (the “Company”) effective as of August 10, 2020 in accordance with the New York Stock Exchange Listing Company Manual Rule 303A.08, effective as of August 10, 2020, the Executive is hereby granted an award of restricted stock units (“Restricted Stock Units”) with respect to 146,472 shares of the Company’s class A voting common stock, par value $0.01 per share (“Common Stock”). The Award is subject to the following terms and conditions (sometimes referred to as this “Award Agreement”). Terms used in this Award Agreement are defined elsewhere in this Award Agreement; provided, however, that, solely for convenience, capitalized terms used herein and not otherwise defined shall have the meaning set forth in the Tenneco Inc. 2006 Long-Term Incentive Plan (the “Incentive Plan”). Notwithstanding any provision of this Award Agreement, this Award is not g

AutoNDA by SimpleDocs
RESTRICTED STOCK UNIT INDUCEMENT GRANT AWARD AGREEMENT
Restricted Stock Unit Inducement Grant Award Agreement • November 6th, 2020 • Tenneco Inc • Motor vehicle parts & accessories • Illinois

As a material inducement for the Executive to commence employment as the Executive Vice President and Chief Operating Officer of Tenneco Inc. (the “Company”) effective as of August 3, 2020 in accordance with the New York Stock Exchange Listing Company Manual Rule 303A.08, effective as of August 3, 2020 (the “Grant Date”), the Executive is hereby granted an award of restricted stock units (“Restricted Stock Units”) with respect to 106,524 shares of the Company’s class A voting common stock, par value $0.01 per share (“Common Stock”). The Award is subject to the following terms and conditions (sometimes referred to as this “Award Agreement”). Terms used in this Award Agreement are defined elsewhere in this Award Agreement; provided, however, that, solely for convenience, capitalized terms used herein and not otherwise defined shall have the meaning set forth in the Tenneco Inc. 2006 Long-Term Incentive Plan (the “Incentive Plan”). Notwithstanding any provision of this Award Agreement, th

Time is Money Join Law Insider Premium to draft better contracts faster.