Chevron Corporation Non-Employee Directors’ Stock Units Agreement
Contract Categories:
Human Resources
›
Bonus & Incentive Agreements
Summary
This agreement is between Chevron Corporation and a non-employee director, granting the director stock units under the company's Non-Employee Directors’ Equity Compensation and Deferral Plan. The number of stock units and the grant date are specified in the agreement. The stock units will vest at the end of the annual compensation cycle. By signing, the director agrees to the terms of the plan and its rules.
EX-10.19 10 f50714exv10w19.htm EX-10.19 exv10w19
Exhibit 10.19
CHEVRON CORPORATION
NON-EMPLOYEE DIRECTORS EQUITY COMPENSATION AND DEFERRAL PLAN
Stock Units Agreement
[insert name]
(Please sign below and return this Agreement)
Chevron Corporation has made the following grant to you, subject to the terms of the Chevron Corporation Non-Employee Directors Equity Compensation and Deferral Plan (the Plan) and Rules Governing Awards Under the Plan. Both documents are incorporated into this Agreement and copies are available to you on request. By signing this Agreement and accepting this grant, you are agreeing to all the terms and conditions of the Plan and Rules.
1. | Date of Grant: | ||
2. | The number of Stock Units awarded is , subject to adjustment as provided in Section 10 of the Plan. | ||
3. | The Stock Units vest on the last day of the Annual Compensation Cycle to which the Grant relates. |
IN WITNESS WHEREOF, Chevron Corporation has caused this Agreement to be executed on its behalf by its duly authorized representative and the Director has executed the same on the day and year indicated below.
Date: | By: | |||||
Date: | By: | |||||
Director |
E-123