EX-10.1



 Exhibit 10.1 

RESTRICTED STOCK UNIT AGREEMENT (PERFORMANCE SHARES) 

PURSUANT TO THE 
 CIVITAS
SOLUTIONS, INC. 2014 OMNIBUS INCENTIVE PLAN 
 * * * * * 

Participant:    [                   
 ] 
 Grant
Date:    [                    ] 

Target Number of Restricted Stock Units (the “Target RSUs”):    
[                    ] 
 Maximum Number
of Shares of Common Stock that may be issued pursuant to this Agreement (the “Maximum
Shares”):    [                    ]1 

* * * * * 
 THIS RESTRICTED STOCK
UNIT AWARD AGREEMENT (PERFORMANCE SHARES) (this “Agreement”), dated as of the Grant Date specified above, is entered into by and between Civitas Solutions, Inc., a corporation organized in the State of Delaware (the
“Company”), and the Participant specified above, pursuant to the Civitas Solutions, Inc. 2014 Omnibus Incentive Plan, as in effect and as amended from time to time (the “Plan”), which is administered by the
Committee; and 
 WHEREAS, it has been determined under the Plan that it would be in the best interests of the Company to grant the
Restricted Stock Units (“RSUs”) provided herein to the Participant. 
 NOW, THEREFORE, in consideration of the mutual
covenants and promises hereinafter set forth and for other good and valuable consideration, the parties hereto hereby mutually covenant and agree as follows: 

1.    Incorporation By Reference; Plan Document Receipt. This Agreement is subject in all respects to
the terms and provisions of the Plan (including, without limitation, any amendments thereto adopted at any time and from time to time unless such amendments are expressly intended not to apply to the Restricted Stock Unit Award provided hereunder),
all of which terms and provisions are made a part of and incorporated in this Agreement as if they were each expressly set forth herein. Any capitalized term not defined in this Agreement shall have the same meaning as is ascribed thereto in the
Plan. The Participant hereby acknowledges receipt of a true copy of the Plan and that the Participant has read the Plan carefully and fully understands its content. In the event of any conflict between the terms of this Agreement and the terms of
the Plan, the terms of this Agreement shall control. 
 2.    Grant of Restricted Stock Unit Award.
The Company hereby grants to the Participant, as of the Grant Date specified above, the number of Target RSUs specified above, with the actual number of shares of Common Stock to be issued pursuant to this Award 

 

	1 	 NTD: Maximum number of shares to equal 200% of the target.










 
contingent upon satisfaction of the vesting conditions described in Section 3 hereof, subject to Section 4, which may not exceed the Maximum
Shares. The grant of the RSUs is intended to constitute a Performance Award for purposes of Article IX of the Plan. Except as otherwise provided by the Plan, the Participant agrees and understands that nothing contained in this Agreement
provides, or is intended to provide, the Participant with any protection against potential future dilution of the Participant’s interest in the Company for any reason, and no adjustments shall be made for dividends in cash or other property,
distributions or other rights in respect of the shares of Common Stock underlying the RSUs, except as otherwise specifically provided for in the Plan or this Agreement. 

3.    Vesting. 

(a)    The RSUs subject to this Award shall be subject to both a time-based vesting condition (the “Time-Based
Condition”) and a performance-based vesting condition (the “Performance Condition”), as described herein. Except as expressly provided herein, none of the RSUs (or any portion thereof) shall be “vested” for
purposes of this Agreement unless and until both the Time-Based Condition and the Performance Condition for such RSUs are satisfied. The number of RSUs that are “vested” for purposes of this Agreement at any time shall equal the product of
(i) the number of the RSUs that have satisfied the Time-Based Condition and (ii) the percentage level at which the Performance Condition has been satisfied. 

(i)    The Time-Based Condition for the RSUs shall be satisfied on September 30,
[            ], subject to the Participant not incurring a Termination prior to such date. There shall be no proportionate or partial satisfaction of the Time-Based Condition prior
to such date, except as specifically provided in this Agreement. 
 (ii)    The percentage level at which the
Performance Condition is satisfied shall be based upon the Company’s “Incremental ROIC”. First, the Company’s Incremental ROIC shall be determined as of the Performance Period ending September 30,
[            ], as further described below. This result is expressed as a percentage. Next, this actual Incremental ROIC shall be compared to the proposed Target level of Incremental
ROIC, which is also expressed as a percentage. Finally, the level at which the Performance Condition is satisfied shall be based upon this comparison, as provided in the table below, and the number of RSUs that satisfy the Performance Condition
shall be determined by multiplying the number of Target RSUs granted hereunder by the percentage at which the Performance Condition is satisfied. 

INCREMENTAL ROIC 
  

							
	 Level of Performance
	  	Actual Incremental
ROIC as Compared
to Target
Incremental ROIC	 	  	Percentage for which the Performance
Condition is Satisfied
	 Threshold
	  	 	87% of Target	 	  	50%
	 Target
	  	 	100% of Target	 	  	100%
	 Maximum
	  	 	113% of Target	 	  	200%


  
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 The “Target” level associated with Incremental ROIC shall be established by the Committee, and will be
communicated in writing separately to the Participant by the Company within thirty (30) days following the date first above written. 
 For the
avoidance of doubt, in no event shall the Performance Condition be deemed satisfied unless actual Incremental ROIC equals or exceeds the threshold level provided in the table above. To the extent that actual Incremental ROIC is between the threshold
and target levels or between the target and maximum levels described in the table above, the percentage at which the Performance Condition is satisfied shall be determined on a pro rata basis using straight-line interpolation. In no event will the
percentage at which the Performance Condition is satisfied exceed 200%. 
 For example. Suppose that actual Incremental ROIC, when compared to the Target
Incremental ROIC level, results in the percentage comparison of 93.5%. The percentage at which the Performance Condition is satisfied would be 75%. The maximum number of RSUs that could vest hereunder would be 75% of the number of Target RSUs listed
above, but would still be subject to the satisfaction of the Time-Based Condition. If the Time-Based Condition is not satisfied, then no RSUs will vest. 

For purposes of this Section 3(a): 

“Average Incremental Earnings” means the excess of (i) the average Earnings for each fiscal year of the Company ending
on September 30, [    ] (“FY[    ]”), September 30, [        ] (“FY[    ]”) and
September 30, [        ] (“FY[    ]”) (i.e., total Earnings for each such fiscal year, divided by 3) over (ii) Earnings for the fiscal year ending
September 30, [        ] (“FY[    ]”). 

“Average Incremental Invested Capital” means the excess of (i) the average Invested Capital for each of
FY[    ], FY[    ] and FY[    ] (i.e., the total Invested Capital for each such fiscal year, divided by 3) over (ii) Invested Capital for the fiscal year ending
September 30, [        ]. 
 “Earnings” for any fiscal year means
“income from operations” (EBIT) as provided in the Consolidated Statements of Operations in the Company’s Form 10-K for such fiscal year, multiplied by (1 - the “effective tax rate”),
where the “effective tax rate” of the Company for a fiscal year is determined by dividing the “Provision (benefit) for income taxes” by the “Income (loss) from continuing operations before income taxes”, as each of
these are provided in the Consolidated Statements of Operations in the Company’s Form 10-K for such fiscal year, plus the “amortization expense” for the fiscal year being calculated, as such
amount is reported in the footnotes to the Company’s audited financial statements in the Company’s Form 10-K for such fiscal year. 

“Invested Capital” for a particular fiscal years means (i) “total assets” as shown on the Company’s
consolidated balance sheets as provided in the Company’s Form 10-K for such fiscal year, plus (ii) the “accumulated amortization” for such fiscal year as reported in the “Goodwill and
Intangible Assets” footnote in the Company’s Form 10-K for such fiscal year, minus (iii) “total current liabilities” as shown on the Company’s consolidated balance sheets as provided
in the Company’s Form 10-K for such fiscal year. 

  
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 “Incremental ROIC” equals (i) Average Incremental Earnings, divided by
(ii) Average Incremental Invested Capital. 
 Following the end of FY[    ], the Committee shall determine Incremental ROIC
in its reasonable discretion. Both the target and actual amount of Incremental ROIC shall be adjusted by the Committee to take into account any changes in accounting methods, corporate transactions (including, without limitation, dispositions and
acquisitions) and other similar type events or circumstances, as determined by the Committee in its reasonable discretion. 

(b)    Change in Control. For the avoidance of doubt, and except as specifically provided in Section 3(c)
below, (i) a Change in Control shall not result in the accelerated vesting of either the Time-Based Condition or the Performance Condition, and (ii) in connection with a Change in Control or any other event described in Section 4.2 of
the Plan, the Committee shall have the discretion to adjust the RSUs and the Performance Condition as provided in the Plan. 

(c)    Forfeiture. 

(i)    Other than as set forth in this Section 3(c), RSUs for which the Time-Based Condition has not been
satisfied prior to a Participant’s Termination shall be immediately forfeited upon such Termination and the Participant shall have no further rights to such RSUs hereunder. 

(ii)    Notwithstanding the prior paragraph, in the event of the Participant’s Termination (x) by the
Participant for “Good Reason”, (y) by the Company other than for “Cause” or (z) due to the Participant’s “Retirement”, in each case following October 1,
[        ], the Time-Based Condition shall be immediately satisfied in a prorated amount (rounded down to the nearest whole number of RSUs) equal to the product of (i) the Target RSUs and
(ii) the percent as determined in accordance with the table below. 
  

					
	Date of Termination	  	Percent	 
	 Between October 1, [        ] and
September 30, [        ]
	  	 	33.33%	 
	 Between October 1, [        ] and
September 30, [        ]
	  	 	66.66%	 
	 On or after October 1, [        ]
	  	 	100%	 

 To the extent that any RSUs have satisfied the Time-Based Condition as of the Participant’s Termination, such RSUs shall
remain outstanding until the end of the Performance Period and shall have the opportunity to vest at such time determined based upon the percentage level at which the Performance Condition is satisfied. 

(iii)    Notwithstanding the foregoing, in the event of the Participant’s Termination due to the Participant’s
death or Disability, the Time-Based Condition for all of the RSUs shall be immediately satisfied in full and the Performance Condition shall be immediately satisfied at 100%. 

  
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 (iv)    Notwithstanding the foregoing, in the event of the
Participant’s Termination (x) by the Participant for Good Reason, or (y) by the Company other than for “Cause”, in each case within the two (2) year period following a Change in Control, the Time-Based Condition for all
of the RSUs shall be immediately satisfied in full and the Performance Condition shall be immediately satisfied at 100%. 

(v)    For purposes of this agreement, “Cause” and “Good Reason” shall have the meaning
given such term in the definitive employment agreement between the Participant and the Company or any of its subsidiaries, provided, however that if there is no such agreement or no such defined term exists, no Termination shall be deemed to be
without “Cause” or for “Good Reason” hereunder. For purposes of this Agreement, “Retirement” shall mean a Termination by the Participant following the date that either (x) the Participant has reached age
sixty (60) (or such younger age with the consent of the Committee) and has completed ten (10) years of service with the Company, or (y) the Participant has reached age sixty five (65) (or such younger age with the consent of the Committee)
and has completed at least five (5) years of service with the Company, in each case as determined by the Committee. 

(vi)    Any RSUs that do not become fully vested as of the end of the Performance Period shall expire immediately
following the date that the Committee determines the level at which the Performance Condition is satisfied. 

4.    Delivery of Shares. Following the satisfaction of both the Time-Based Condition and the
Performance Condition with respect to any part of the RSUs granted hereunder, the Participant shall receive the number of shares of Common Stock that correspond to the number of such RSUs, which shall be delivered no later than March 15 of the
calendar year following the calendar year in which or with respect to which both such vesting conditions were satisfied. 

5.    Dividends; Rights as Stockholder. Cash dividends on shares of Common Stock issuable hereunder
shall be credited to a dividend book entry account on behalf of the Participant with respect to each RSU granted to the Participant, provided that such cash dividends shall not be deemed to be reinvested in shares of Common Stock and shall be held
uninvested and without interest and paid in cash at the same time that the shares of Common Stock underlying the RSUs are delivered to the Participant in accordance with the provisions hereof. Stock dividends on shares of Common Stock shall be
credited to a dividend book entry account on behalf of the Participant with respect to each RSU granted to the Participant, provided that such stock dividends shall be paid in shares of Common Stock at the same time that the shares of Common Stock
underlying the RSUs are delivered to the Participant in accordance with the provisions hereof. Except as otherwise provided herein, the Participant shall have no rights as a stockholder with respect to any shares of Common Stock covered by any RSU
unless and until the Participant has become the holder of record of such shares. 
 6.    Non-Transferability. No portion of the RSUs may be sold, assigned, transferred, encumbered, hypothecated or pledged by the Participant, other than to the Company as a result of forfeiture of the RSUs as
provided herein, unless and until payment is made in respect of vested RSUs in accordance with the provisions hereof and the Participant has become the holder of record of the vested shares of Common Stock issuable hereunder. 

  
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 7.    Governing Law. All questions concerning the
construction, validity and interpretation of this Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, without regard to the choice of law principles thereof. 

8.    Withholding of Tax. The Company shall have the power and the right to deduct or withhold, or
require the Participant to remit to the Company, an amount sufficient to satisfy any federal, state, local and foreign taxes of any kind (including, but not limited to, the Participant’s FICA and SDI obligations) which the Company, in its sole
discretion, deems necessary to be withheld or remitted to comply with the Code and/or any other applicable law, rule or regulation with respect to the RSUs and, if the Participant fails to do so, the Company may otherwise refuse to issue or transfer
any shares of Common Stock otherwise required to be issued pursuant to this Agreement. Any minimum statutorily required withholding obligation with regard to the Participant may be satisfied by reducing the amount of cash or shares of Common Stock
otherwise deliverable to the Participant hereunder. 
 9.    Legend. The Company may at any
time place legends referencing any applicable federal, state or foreign securities law restrictions on all certificates representing shares of Common Stock issued pursuant to this Agreement. The Participant shall, at the request of the Company,
promptly present to the Company any and all certificates representing shares of Common Stock acquired pursuant to this Agreement in the possession of the Participant in order to carry out the provisions of this Section 9.

 10.    Securities Representations. This Agreement is being entered into by the Company in
reliance upon the following express representations and warranties of the Participant. The Participant hereby acknowledges, represents and warrants that: 

(a)    The Participant has been advised that the Participant may be an “affiliate” within the meaning of Rule
144 under the Securities Act and in this connection the Company is relying in part on the Participant’s representations set forth in this Section 10. 

(b)    If the Participant is deemed an affiliate within the meaning of Rule 144 of the Securities Act, the shares of
Common Stock issuable hereunder must be held indefinitely unless an exemption from any applicable resale restrictions is available or the Company files an additional registration statement (or a “re-offer
prospectus”) with regard to such shares of Common Stock and the Company is under no obligation to register such shares of Common Stock (or to file a “re-offer prospectus”). 

(c)    If the Participant is deemed an affiliate within the meaning of Rule 144 of the Securities Act, the Participant
understands that (i) the exemption from registration under Rule 144 will not be available unless (A) a public trading market then exists for the Common Stock of the Company, (B) adequate information concerning the Company is then
available to the public, and (C) other terms and conditions of Rule 144 or any exemption therefrom are complied with, and (ii) any sale of the shares of Common Stock issuable hereunder may be made only in limited amounts in accordance with
the terms and conditions of Rule 144 or any exemption therefrom. 
 11.    Entire Agreement;
Amendment. This Agreement, together with the Plan, contains the entire agreement between the parties hereto with respect to the subject matter 

  
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contained herein, and supersedes all prior agreements or prior understandings, whether written or oral, between the parties relating to such subject matter. The Committee shall have the right, in
its sole discretion, to modify or amend this Agreement from time to time in accordance with and as provided in the Plan. This Agreement may also be modified or amended by a writing signed by both the Company and the Participant. The Company shall
give written notice to the Participant of any such modification or amendment of this Agreement as soon as practicable after the adoption thereof. 

12.    Notices. Any notice hereunder by the Participant shall be given to the Company in writing and
such notice shall be deemed duly given only upon receipt thereof by the General Counsel of the Company. Any notice hereunder by the Company shall be given to the Participant in writing and such notice shall be deemed duly given only upon receipt
thereof at such address as the Participant may have on file with the Company. 
 13.    No Right to
Employment. Any questions as to whether and when there has been a Termination and the cause of such Termination shall be determined in the sole discretion of the Committee. Nothing in this Agreement shall interfere with or limit in any way
the right of the Company, its Subsidiaries or its Affiliates to terminate the Participant’s employment or service at any time, for any reason and with or without Cause. 

14.    Transfer of Personal Data. The Participant authorizes, agrees and unambiguously consents to
the transmission by the Company (or any Subsidiary) of any personal data information related to the RSUs awarded under this Agreement for legitimate business purposes. This authorization and consent is freely given by the Participant. 

15.    Compliance with Laws. The grant of RSUs and the issuance of shares of Common Stock hereunder
shall be subject to, and shall comply with, any applicable requirements of any foreign and U.S. federal and state securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act, the Exchange Act and in
each case any respective rules and regulations promulgated thereunder) and any other law, rule regulation or exchange requirement applicable thereto. The Company shall not be obligated to issue the RSUs or any shares of Common Stock pursuant to this
Agreement if any such issuance would violate any such requirements. As a condition to the settlement of the RSUs, the Company may require the Participant to satisfy any qualifications that may be necessary or appropriate to evidence compliance with
any applicable law or regulation. 
 16.    Section 409A. Notwithstanding anything herein or in the
Plan to the contrary, the RSUs are intended to be exempt from the applicable requirements of Section 409A of the Code and shall be limited, construed and interpreted in accordance with such intent as is reasonable under the circumstances. 

17.    Binding Agreement; Assignment. This Agreement shall inure to the benefit of, be binding upon,
and be enforceable by the Company and its successors and assigns. The Participant shall not assign (except in accordance with Section 6 hereof) any part of this Agreement without the prior express written consent of the
Company. 

  
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 18.    Headings. The titles and headings of the various
sections of this Agreement have been inserted for convenience of reference only and shall not be deemed to be a part of this Agreement. 

19.    Counterparts. This Agreement may be executed in one or more counterparts and by facsimile or
other electronic submission, each of which shall be deemed to be an original, but all of which shall constitute one and the same instrument. 

20.    Further Assurances. Each party hereto shall do and perform (or shall cause to be done and
performed) all such further acts and shall execute and deliver all such other agreements, certificates, instruments and documents as either party hereto reasonably may request in order to carry out the intent and accomplish the purposes of this
Agreement and the Plan and the consummation of the transactions contemplated thereunder. 

21.    Severability. The invalidity or unenforceability of any provisions of this Agreement in any
jurisdiction shall not affect the validity, legality or enforceability of the remainder of this Agreement in such jurisdiction or the validity, legality or enforceability of any provision of this Agreement in any other jurisdiction, it being
intended that all rights and obligations of the parties hereunder shall be enforceable to the fullest extent permitted by law. 

22.    Acquired Rights. The Participant acknowledges and agrees that: (a) the Company may
terminate or amend the Plan at any time; (b) the Award of RSUs made under this Agreement is completely independent of any other award or grant and is made at the sole discretion of the Company; (c) no past grants or awards (including,
without limitation, the RSUs awarded hereunder) give the Participant any right to any grants or awards in the future whatsoever; and (d) any benefits granted under this Agreement are not part of the Participant’s ordinary salary, and shall
not be considered as part of such salary in the event of severance, redundancy or resignation. 

*  *  *  *  * 

  
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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written
above. 
  

			
	CIVITAS SOLUTIONS, INC.
		
	By:	 	              

	Name:	 	
                 

	Title:	 	              

	
	PARTICIPANT
		
	Name:	 	      



 Signature Page to Restricted Stock Unit Agreement