Company: NPO
Filing Date: 2025-03-24
Form Type: DEF 14A
Source: 0001171200-25-000088
Chunk: 80

Company: Enpro Inc.
Filing Date: 2025-03-24
Form: DEF 14A
Chunk 80
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 consultants, and advisors, and to motivate such officers, Non-Employee Directors, key employees, consultants, and advisors to serve the Company and its Affiliates and to expend maximum effort to improve the business results and earnings of the Company, by providing to such persons an opportunity to acquire or increase a direct proprietary interest in the operations and future success of the Company. To this end, the Plan (as defined herein) provides for the grant of stock options, stock appreciation rights, restricted stock, restricted stock units, unrestricted stock, and other stock-based awards. Any of these awards may, but need not, be made as performance incentives to reward attainment of performance goals in accordance with the terms hereof. Stock options granted under the Plan may be non-qualified stock options or incentive stock options, as provided herein. The Plan originally became effective on April 29, 2020, at which time it replaced the Predecessor Plan (as defined herein). This amendment and restatement of the Plan becomes effective upon approval of the Company’s shareholders at the 2025 annual meeting of shareholders primarily for the purpose of (i) adding shares to the Plan’s award pool, (ii) extending the term of the Plan, and (iii) otherwise meeting current needs.

| 2. | DEFINITIONS |

For purposes of interpreting the Plan and related documents (including Award Agreements), the following definitions shall apply: 2.1.“Affiliate”means any company or other trade or business that “controls,” is “controlled by” or is “under common control” with the Company within the meaning of Rule 405 of Regulation C under the Securities Act, including, without limitation, any Subsidiary. 2.2.“Award”means a grant of an Option, Stock Appreciation Right, Restricted Stock, Restricted Stock Unit, or Other Stock-based Award under the Plan. 2.3.“Award Agreement”means a written agreement between the Company and a Participant, or notice from the Company or an Affiliate to a Participant, that evidences and sets out the terms and conditions of an Award. 2.4. “Board”means the Board of Directors of the Company. 2.5. “Change in Control”shall have the meaning set forth in Section 15.3.2. 2.6.“Code”means the Internal Revenue Code of 1986, as now in effect or as hereafter amended. References to the Code shall include the valid and binding governmental regulations, court decisions and other regulatory and