Exhibit 10.2
Execution Version
AMENDED AND RESTATED 2018 STOCK INCENTIVE PLAN OF
RESIDEO TECHNOLOGIES, INC. AND ITS AFFILIATES
FORM OF PERFORMANCE STOCK UNIT AGREEMENT
PERFORMANCE STOCK UNIT AGREEMENT (this “Agreement”) as of the [DAY] day of [MONTH, YEAR] (the “Award Date”) between Resideo Technologies, Inc. (the “Company”) and [EMPLOYEE NAME] (the “Participant”).
The Company will hold the Performance Stock Units in a bookkeeping account on your behalf until they become payable or are forfeited or cancelled.
[The details for this grant can be found on [•]. The Company reserves the right to change or correct any information contained on the [•] website to reflect the terms of the Award actually made by the Company on the Award Date or the Plan.].
[DESCRIBE PAYMENT PROVISIONS, INCLUDING ANY AMOUNTS TO BE PAID IN CASH AND SHARES, INCLUDING THE FOLLOWING:
[(b) Notwithstanding anything in this Agreement to the contrary, if the Participant was eligible to and timely filed an election to defer payment of the vested Performance Stock Unites (and related Dividend Equivalents, if any), in accordance with the rules established by the Committee, in its sole discretion, payment of any vested deferred Performance Stock Units (and related Dividend Equivalents, if any), including any Performance Stock Units that vest as a result of Section 9, 10 or 11, will be made on the earliest of (i) the first day of the seventh (7th) calendar month following the Participant’s separation from service (as determined pursuant to Section 409A of the Code) or if later,
the date the vested Performance Stock Units would have settled under Section 9 or 10, if applicable, or (ii) within 15 days after the date of the Change in Control, with the amount of payment calculated in accordance with Section 11(b).]
For purposes of this Section [13][14](b)(1), the term “disparaging” shall mean any statement or representation (whether oral or written and whether true or untrue) which, directly or by implication, tends to create a negative, adverse, or derogatory impression about the subject of the statement or representation or which is intended to harm the reputation of the subject of the statement or representation.
I Accept:
Print Name PID
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