Company: NPO
Filing Date: 2025-03-24
Form Type: DEF 14A
Source: 0001171200-25-000088
Chunk: 60

Company: Enpro Inc.
Filing Date: 2025-03-24
Form: DEF 14A
Chunk 60
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 options granted      
 under the Equity Plan. Upon exercise, SARs entitle the holder to receive payment per share    
 in stock or cash, or in a combination of stock and cash, equal to the excess of the share’s   
 fair market value on the date of exercise over the exercise price of the SAR. The exercise    
 price of a tandem SAR is equal to the exercise price of the related stock option and the      
 exercise price for a freestanding SAR is determined by the Committee in accordance with the   
 procedures described above for stock options. Exercise of a SAR issued in tandem with a stock 
 option will reduce the number of shares underlying the related stock option to the extent     
 of the SAR exercised. The term of a freestanding SAR cannot exceed ten (10) years, and the    
 term of a tandem SAR cannot exceed the term of the related stock option.                      |

| · | Restricted                                                                                                                                
 stock, restricted stock units and other stock-based awards. The Committee may grant                                                       
 awards of restricted stock, which are shares of common stock subject to specified restrictions,                                           
 and restricted stock units, which represent the                                                                                           
 right to receive shares of the common stock in the future, including phantom shares awarded to our non-employee directors. These awards   
 may be made subject to repurchase, forfeiture or vesting restrictions at the Committee’s discretion. The restrictions may be based        
 on continuous service with our company or the attainment of specified performance goals, as determined by the Committee. Stock units      
 may be paid in stock or cash or a combination of stock and cash, as determined by the Committee. The Committee may also grant other types 
 of stock or stock-based awards subject to the terms of the Equity Plan and any other terms and conditions determined by the Committee.    |

| · | Performance                                                                                          
 awards. The Committee may condition the grant, exercise, vesting, or settlement of                   
 any award on such performance conditions as it may specify. We refer to these awards as “performance 
 awards.” The Committee may select such business criteria or other performance measures               
 as it may deem appropriate in establishing any performance conditions.                               |

Business criteria include, but are not limited to, any of the following:

| · | total  
 sales; |

| · | sales                                    
 growth (with or excluding acquisitions); |

| · | revenue-based                                                       
 measures for particular products, product lines, or product groups; |

| · | income; |

| · | earnings                   
 per share of common stock; |

| · | earnings                   
 before interest and taxes