展示10.1
特定の識別情報は、以下の展示物から除外されています。なぜならば、(i) 重要でないから、かつ(ii) 企業が私的または機密情報として扱う種類の情報であるためです。これらの除外された情報は、角括弧[*****]で示されています。
インジェビティー・コーポレーション
米国従業員向けの制限付き株式ユニット授与の形式（2024年初使用）
制限付き株式報奨
(パフォーマンスベース)
利用規約
1.規約と条件: この業績ベースの制限付株式ユニットの付与は、Ingevity Corporation 2016オムニバスインセンティブプランに基づいて行われます。（」プラン」)、そしてあらゆる点でプランの条件の対象となります。これにより、本プランのすべての条件が本利用規約に組み込まれます（「規約と条件」) 参考までに。本利用規約の1つまたは複数の規定と本プランの1つ以上の規定との間に矛盾がある場合は、本プランの規定が優先されます。ただし、本プランと一致している限り、会社と譲受人が締結した個別の書面による合意の条件が本利用規約に優先します。ここで定義されていない大文字の用語には、プランでその用語に割り当てられた意味があります。
2.補助金の確認YYYYMMDD（以下「効力発生日」といいます）より、インジェビティ・コーポレーション（以下「当社」といいます）は、助成通知書に記載された氏名の個人（以下「受取人」といいます）に対して、一定数の普通株式に関連する業績ベースのリストリクテッド・ストック・ユニットを助成しました。授与日）インジェビティ・コーポレーション（以下「当社」といいます）は、助成通知書に記載された氏名の個人（以下「受取人」といいます）に対して、一定数の普通株式に関連する業績ベースのリストリクテッド・ストック・ユニットを助成した会社）受取人の助成通知書に記載された普通株式の一定数に関して、業績に基づくリストリクテッド・ストック・ユニットを助成したGranteeは、本計画で表彰された従業員、取締役、またはコンサルタントを意味します。）受取人の助成通知書に記載された普通株式の一定数に関して、受取人の助成通知書に記載された普通株式の株式数を基にした業績に基づくリストリクテッド・ストック・ユニットを助成しましたパフォーマンス株式報酬（PSU）上記のPSUを受け入れることで、受取人はPSUがこれらの条件と規約、およびプランの条件に従うものであることを認識し同意します。
3.株主権利:
a.受取人は、普通株式に関連するPSUの対象となる株式が実際に発行され、受取人の名前で会社の帳簿および記録に登録されるまで、株主権利または特典（投票権を含む）を持ちません。
b.ただし、会社が普通株式の株に現金配当を宣言した場合、配当支払日において、受取人は、普通株式の1株あたりの現金配当額に、PSUに帰属する普通株式の株数を乗じた配当相当額を計上されます。配当相当額は、PSUと同様のベスト権利および喪失に関する条件の対象となり、PSUに関連する普通株式が引き渡される時点（またはPSUが喪失される時点）に現金で支払われます。この現金支払は、該当する税金の源泉徴収を受けます。
4.全セクターの自動喪失次の状況下では、PSUは自動的に喪失し、GranteeのPSUに対するすべての権利は終了します。
a.受託者の雇用は正当な理由により終了されました。
b.受託者が添付されたに記載されている機密保持、ノンソリシテーション、または競業禁止の契約に違反した場合 付属書Bまたは受託者と会社または関連会社との制約契約により設定された制約契約に違反した場合
c.委員会は、会社が随時採択または修正する返済ポリシーに従ってPSUの回収を求める。
5.制限的契約PSUを受け入れることで、受領者は添付された機密保持、勧誘禁止、および競合禁止契約を遵守することに同意します。 展示品B受領者が会社または関連会社との書面による制約契約を持っている場合、受領者はPSUの付与の条件としてその制約契約に基づく義務を引き続き遵守することに同意します。
6.譲渡可能性PSUは売却、譲渡、譲受、担保設定、その他の担保付与または処分されないものとします。
7.獲得したPSUの決定: 本アワードの残りの条件に従い、譲受人は (a) 添付の業績目標の達成に基づいてPSUを獲得し、その権利を得る資格を得るものとします 別紙A (ザ・」パフォーマンス目標」) 期間中に (」公演期間」）。ただし、業績期間の終了後、委員会が業績目標（PSUの数があれば、その数）が達成されたことを証明する日まで、被付与者が引き続き会社に雇用されている場合に限ります。獲得したPSU」)、および (b) 権利確定日（以下に定義）に、獲得PSUに権利確定となります。業績期間の終わりに、委員会は業績目標が達成されたかどうか、またどの程度達成されたかを判断し、業績目標の達成を証明し、業績目標に沿ったPSUアワードの決済を承認するものとします
展示10.1
パフォーマンス目標の達成は、ベスティング日に，委員会によって認定された獲得済みPSUの数は、TSR変更指数（添付の「Exhibit A」で定義されているものに基づいて調整されるものとする 、Exhibit A」もしパフォーマンス目標が達成されなかった場合、PSUは自動的に喪失され、受取人のPSUに対する全権利が終了する。以下で別段に定められていない限り、受取人がベスティング日前に雇用を終了した場合、PSUは取り消されて受取人のPSU受賞権利はすべて終了する。
8.ベスティング日獲得したPSUは、（あれば）授与日の3周年に発生します（「ベスティング日」）、以下に別段の定めがない限り、ベスティング日までに受領者が会社に雇用され続けることが必要です。獲得したPSUの決済は、ベスティング日の直後できるだけ早く行われます。
9.従業員の雇用終了授与日の1周年を過ぎ、取得日の前に、(i) 受取人の雇用が死亡または障害（以下定義の通り）により終了される場合、(ii) その他の用件に基づく要因なく又は（セクション 4に記載されたその他）に基づいて、もしくは後に受取人が老後生活年齢（以下定義の通り）に達した日以降に自ら終了される場合、または(iii) その他の用件に基づく要因なく又は（セクション 4に記載されたその他）に基づき、受取人の雇用が非自発的に終了された場合、委員会が認定した業績期間の達成に基づく確定したパフォーマンス目標を、調整後のTSR変更要素により、合理的な割合で獲得する資本利益証券（下で説明。）的一部を獲得する権利を有することになります。獲得する資本利益証券の一部の割合は、以下により決定されます。すなわち、委員会が認定したパフォーマンス目標の達成に基づいて調整されたPSUの数を、賞与日から受取人の雇用終了日までの完了した月の数（分子）と、36（分母）とをかけた分数により。
この賞については、次のセクション10に記載されている通りに所有 PSUs が解決されます。
a.“老後生活の年齢55歳以上（勤続20年以上）または【非既存の参加者の場合：65歳（勤続5年以上）】【既存の参加者の場合：65歳】である。
b.“Disability” means permanently and totally disabled under the terms of the Company’s qualified retirement plans.
10.Leave of Absence: In the event that the Grantee is on an approved leave of absence, the Grantee’s PSUs shall continue to vest in accordance with these terms during his or her leave of absence, subject to the Committee’s discretion.
11.Settlement: The PSUs shall be settled by delivery of one share of Common Stock for each PSU earned based on the achievement of Performance Goals during the Performance Period, as adjusted by the TSR Modifier, if applicable. The PSUs shall be settled as soon as practicable after the Vesting Date. Notwithstanding the foregoing, to the extent that the PSUs are subject to Section 409A of the Internal Revenue Code, all such payments shall be made in compliance with the requirements of Section 409A of the Internal Revenue Code.
12.Change of Control: In the event of a Change in Control, Section 14 of the Plan shall apply and Section 14 of the Plan shall supersede in all respects Sections 8, 9, 10 and 11 of these Terms and Conditions.
13.Tax Withholding: The Grantee is solely responsible for the satisfaction of all taxes and penalties that may arise in connection with the PSUs. The Grantee may satisfy any tax withholding obligations arising upon settlement of the PSUs by (a) paying the cash necessary to satisfy the tax withholding by authorizing the Company to either deduct such amount from the Grantee’s brokerage account or withhold such amount through payroll, (b) authorizing the Company to withhold shares of Common Stock otherwise issuable as part of the PSUs, (c) tendering shares of Common Stock previously acquired to the Company, or (d) authorizing the Company to sell a portion of shares of Common Stock otherwise issuable in respect of the PSUs in an amount necessary to generate sufficient cash to satisfy the tax withholding obligation. A grantee may satisfy any tax withholding obligations arising upon the lapse of any risk of forfeiture (including FICA due upon such lapse) as provided in clause (a) above or withholding of the number of shares of Common Stock subject to the PSUs required to satisfy such tax withholding obligation. If the Company receives no instruction from the Grantee, the tax withholding obligation shall be satisfied by withholding shares of Common Stock otherwise issuable in respect of the Grantee’s PSUs. The Company may withhold shares up to the maximum applicable withholding tax rate for federal (including FICA) state, local and foreign tax liabilities. If shares of Common Stock are used to satisfy tax withholding, such shares shall be valued based on the Fair Market Value when the tax withholding is required to be made.
14.No Right to Continued Employment. The Grantee understands and agrees that these Terms and Conditions do not impact the right of the Company or any of its affiliates employing the Grantee to terminate or change the terms of the Grantee’s employment at any time for any reason, with or without cause. The Grantee understands and agrees that the Grantee’s employment with the Company or any of its affiliates is on an “at-will” basis.
Exhibit 10.1
15.Captions. Captions provided herein are for convenience only and are not to serve as a basis for interpretation or construction of these Terms and Conditions.
16.Severability. In the event that any provision in these Terms and Conditions shall be held invalid or unenforceable for any reason, such provision shall be severable from, and such invalidity or unenforceability shall not be construed to have any effect on, the remaining provisions of these Terms and Conditions.
Exhibit 10.1
Ingevity Corporation
Restricted Stock Unit Awards
(Performance-Based)
Exhibit A
[*****]
Exhibit 10.1
Ingevity Corporation
Restricted Stock Unit Awards
(Performance-Based)
Exhibit B
Restrictive Covenants
By accepting the PSUs, the Grantee agrees to comply with the following terms:
Confidential Information
(a)For purposes of these Terms and Conditions, the term “Confidential Information” shall mean information that the Company or any of its affiliates owns or possesses, that the Company or its affiliates have developed at significant expense and effort, that they use or that is potentially useful in the business of the Company or its affiliates, that the Company or its affiliates treat as proprietary, private or confidential, and that is not generally known to the public. Confidential information includes, but is not limited to, information that qualifies as a trade secret under applicable law. The Grantee acknowledges that the Grantee’s relationship with the Company is one of confidence and trust such that the Grantee has in the past been, and may in the future be, privy to Confidential Information of the Company or its affiliates.
(b)The Grantee hereby covenants and agrees at all times during employment with the Company and its affiliates and thereafter to hold in strictest confidence, and not to use, any Confidential Information, except for the benefit of the Company, and not to disclose any Confidential Information to any person or entity without written authorization of the Company, except as otherwise required by law.
Non-Solicitation
(a)The Grantee covenants and agrees that during the Grantee’s employment with the Company and its affiliates, and during the 12 month period following the Grantee’s termination of employment for any reason (the “Restricted Period”), the Grantee shall not, directly or indirectly, (i) solicit, hire or attempt to hire any employee of the Company or any of its affiliates as an employee, consultant or independent contractor of the Grantee or any other person or business entity for the purpose of providing services or products competitive with those offered by the Company or any of its affiliates, or (ii) solicit any employee, consultant or independent contractor of the Company or any of its affiliates to change or terminate his or her relationship with the Company or any of its affiliates for the purpose of providing services or products competitive with those offered by the Company or any of its affiliates, unless in each case, more than six months shall have elapsed between the last day of such person’s employment or service with the Company or any of its affiliates and the first date of such solicitation or hiring.
(b)The Grantee covenants and agrees that during the Grantee’s employment with the Company and its affiliates and during the Restricted Period, the Grantee shall not, either directly or indirectly:
(i)solicit or do business with, or attempt to solicit or do business with, any customer with whom the Grantee had material contact, or about whom the Grantee received Confidential Information within 12 months prior to the Grantee’s date of termination for the purpose of providing such customer with services or products competitive with those offered by the Company or any of its affiliates during the Grantee’s employment with the Company or its affiliates, or
(ii)encourage any customer with whom the Grantee had material contact, or about whom the Grantee received Confidential Information within 12 months prior to the Grantee’s date of termination to reduce the level or amount of business such customer conducts with the Company or any of its affiliates.
Non-Competition
(a)The Grantee covenants and agrees that during the Grantee’s employment with the Company and its affiliates and during the Restricted Period, the Grantee will not, without the Company’s express written consent, in any geographic area in which the Grantee had responsibility within the last two years prior to the Grantee’s termination of employment where the Company or its affiliates do business, directly or indirectly in the same or similar capacity to the services the Grantee performed for the Company;
(i)own, maintain, finance, operate, invest or engage in any business that competes with the businesses of the Company and its affiliates in which the Grantee was materially involved during the two years prior to the Grantee’s termination; or
Exhibit 10.1
Ingevity Corporation
Restricted Stock Unit Awards
(Performance-Based)
(ii)provide services, as an employee, consultant, independent contractor, agent or otherwise, to any business that competes with the Company and its affiliates in businesses in which the Grantee was materially involved during the two years prior to the Grantee’s termination.
(b)Notwithstanding the foregoing, the Grantee may invest in or have an interest in entities traded on any public market, provided that such interest does not exceed five percent of the voting control of such entity.
Other Acknowledgements and Agreements
(a)The Grantee acknowledges and agrees that in the event the Grantee breaches any of the covenants or agreements contained in this Exhibit B:
(i)The Grantee shall forfeit the outstanding PSUs (including PSUs that have vested but not yet been settled), and the outstanding PSUs shall immediately terminate, and
(ii)The Company may in its discretion require the Grantee to return to the Company any cash or Shares received upon distribution of the PSUs. The Committee shall exercise the right of recoupment provided in this section (b) within one year after the Company’s discovery of the Grantee’s breach of the covenants or agreements contained in this Exhibit B. In addition, in the event of a breach or threatened breach of the restrictions in this Exhibit B, the Company shall be entitled to preliminary and permanent injunctive relief, in addition to any other remedies available to it, to prevent such breach or threatened breach.
(b)If any portion of the covenants or agreements contained in this Exhibit B, or the application hereof, is construed to be invalid or unenforceable, the other portions of such covenants or agreements or the application thereof shall not be affected and shall be given full force and effect without regard to the invalid or unenforceable portions to the fullest extent possible. If any covenant or agreement in this Exhibit B is held to be unenforceable because of the duration thereof or the scope thereof, then the court making such determination shall have the power to reduce the duration and limit the scope thereof, and the covenant or agreement shall then be enforceable in its reduced form. The covenants and agreements contained in this Exhibit B shall survive the termination of the PSUs.