EX-10.P-8 10 f12312017exhibit10-px8.htm EXHIBIT 10-P-8 Exhibit
World Headquarters, Room 538
One American Road
Dearborn, MI 48126-2798
In recognition of Company and individual performance in [Year], and in anticipation of your continued leadership and ongoing efforts in [Year], the Compensation Committee of the Board of Directors has approved the following incentive compensation for you:
Your Performance-based Restricted Stock Unit grant was a maximum opportunity having a [one/two/three-year] performance period ending December 31, [Year]. The performance metrics for the [Year] grant were:
[Describe applicable metrics]
Based on performance against these metrics, the Compensation Committee has approved the following:
PB-RSU Opportunity: [ ]
PB-RSU Payout: [ ]
Final Award: [ ] of the original grant
The Final Award will be [Restricted Stock Units (RSUs) restricted for [one/two/three-] years] [unrestricted shares of Ford Common Stock]. As soon as practicable [on or after [date]] [after the restriction lapses], you will be issued shares of Ford Common Stock, less shares withheld to cover any tax liability on the value of the grant.
All stock-based awards are subject to the terms of Ford’s Long-Term Incentive Plan. Additional information regarding all of your stock-based awards is available on HR ONLINE. If you have further questions regarding your awards, please contact [Name] at [Phone Number].
Thank you for all your efforts and continued leadership.