Performance Restricted Stock Unit Award Agreement under HarborOne Bancorp, Inc. 2020 Equity Incentive Plan
This agreement is between HarborOne Bancorp, Inc. and an employee (the Grantee), granting the employee restricted stock units (RSUs) under the company's 2020 Equity Incentive Plan. The RSUs vest according to a schedule, and the employee receives company shares once vested. If the employee leaves the company before vesting (except for death or disability), unvested RSUs are forfeited. The agreement also covers dividend equivalents, tax withholding, and data privacy. The company is not obligated to continue employment, and the agreement is governed by the terms of the incentive plan.
Exhibit 10.27
PERFORMANCE RESTRICTED STOCK UNIT AWARD AGREEMENT
FOR COMPANY EMPLOYEES
UNDER THE HARBORONE BANCORP, INC.
2020 EQUITY INCENTIVE PLAN
Name of Grantee:
Target No. of Restricted Stock Units:
Grant Date:
Pursuant to the HarborOne Bancorp, Inc. 2020 Equity Incentive Plan as amended through the date hereof (the “Plan”), HarborOne Bancorp, Inc. (the “Company”) hereby grants an award of the number of Restricted Stock Units listed above (an “Award”) to the Grantee named above. Each Restricted Stock Unit shall relate to one share of Common Stock, par value $0.01 per share (the “Stock”) of the Company.
Exhibit 10.27
Exhibit 10.27
Exhibit 10.27
HARBORONE BANCORP, INC.
By:_________________________
Title:
The foregoing Agreement is hereby accepted and the terms and conditions thereof hereby agreed to by the undersigned. Electronic acceptance of this Agreement pursuant to the Company’s instructions to the Grantee (including through an online acceptance process) is acceptable.
Dated:
Grantee’s Signature
Grantee’s name and address: