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Filing tables
Filing exhibits
- 10-K Annual report
- 10.38 Form of Amendment to Performance Share Unit
- 10.39 Form of 2004 - Long Term Incentive Plan
- 10.40 Executive Transition Agreement
- 10.41 Non-executive Chairman Agreement
- 10.42 2008 Independent Director Compensation Plan
- 21.1 Subsidiaries of Registrant
- 23.1 Accountant's Consent
- 31.1 Certification
- 31.2 Certification
- 32.1 Certification
- CORRESP Corresp
Related press release
Red Hat similar filings
Filing view
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Exhibit 10.38
FORM OF AMENDMENT TO PERFORMANCE SHARE UNIT AGREEMENT
This Amendment to Performance Share Unit Agreement (the “Amendment”) is by and between Red Hat, Inc. (the “Company”) and (the “Participant”).
Background
| A. | The Company and Participant are parties to a Performance Share Unit Agreement relating to the grant by the Company to Participant of a number of target performance share units on October 16, 2007, a copy of which is attached hereto asExhibit A (the “PSU Agreement”). |
| B. | The Company, at the direction of the Compensation Committee of the Company’s Board of Directors, and Participant wish to enter into this Amendment to correct a scrivener’s error contained in the PSU Agreement. |
Now, therefore, the Company and Participant agree as follows.
Amendment
Section 3(c)(iii) of the PSU Agreement is hereby amended by deleting the table set forth therein and inserting in lieu thereof the following:
Average Percentile Rank | Payout Percentage | ||
25% or less | 200 | % | |
30% | 175 | % | |
35% | 150 | % | |
40% | 125 | % | |
45% | 110 | % | |
50% | 100 | % | |
55% | 90 | % | |
60% | 75 | % | |
65% | 50 | % | |
70% | 25 | % | |
More than 70% | 0 | % |
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the last date set forth below.
| RED HAT, INC. | EXECUTIVE | |||||
| By: |
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| ||||
| Name: | Name: | |||||
| Title: | Date: | |||||
| Date: | ||||||