Notice of Grant of Restricted Stock Units and Incentive Stock Options |
[Name] |
Grant Date: | January 10, 2018 |
Number of Shares: | Your Awards consist of the following: Restricted Stock Units (each a “Unit”)1 Restricted Stock Units (ROIC) (each a “Unit”)2 Restricted Stock Units (EPS) (each a “Unit”)3 Incentive Stock Options (ISO) (each an “Option”) |
Vesting Schedule: | Your Units and Options will be subject to vesting on the third anniversary of the Grant Date. |
Settlement: | Your Awards of Units will be settled in Shares, the number of which will depend on whether the terms and conditions described in the Award Agreement, the Summary of Performance Objectives, this Notice of Grant, and the Plan are satisfied. Payment for Shares purchased upon the exercise of Options may be made in cash, by tendering previously acquired Shares, by cashless exercise (including by withholding Shares deliverable upon exercise or through a broker-assisted arrangement to the extent permitted by applicable law), or by a combination of these methods. |
• | Read the Plans carefully to ensure you understand how the Plans works; and |
• | Read this Notice of Grant and the corresponding Award Agreements and Summary of Performance Objectives carefully to ensure you understand the nature of your Awards and what you must do to earn them. |