Exhibit 10.6

    

    

      MODINE MANUFACTURING COMPANY

      2020 INCENTIVE COMPENSATION PLAN

      NON-EMPLOYEE DIRECTOR

      DEFERRED RESTRICTED STOCK UNIT AWARD

      

      

      We are pleased to inform you that you have been granted a Restricted Stock Unit Award (the “Award”) subject to the terms and conditions of the Modine Manufacturing Company 2020 Incentive Compensation Plan (the “Plan”)
        and of this Award Agreement.  Unless otherwise defined herein, all terms used in this Award Agreement shall have the same meanings as set forth in the Plan.

       

      
        	
                Full name of Grantee:

              
	 
	
                Date of Award:

              
	 
	
                Total number of

              
	 
	
                Restricted Stock Units:

              


      

      

      

      1.    Restricted Stock Unit Award.  Pursuant to the Plan and your election pursuant to that certain Annual Stock Grant RSU Election Form (the “Election Form”) that you delivered to the Company during the
        calendar year prior to the date of this Award, you are hereby granted an Award, subject to the terms and conditions of this Award Agreement and the Plan.  Accordingly, you are hereby granted the number of restricted stock units set forth above (the
        “RSUs”), effective as of the date of Award set forth above (the “Grant Date”).  All RSUs granted hereunder shall vest as of the one-year anniversary of the Grant Date regardless of whether you have a separation from service with the Company for any
        reason prior to such anniversary date.

      

      

      2.   Settlement and Delivery.  The above RSUs shall be settled as of the date you elected in the Election Form (such date that you elected, the “Settlement Date”), provided
        you may delay the date the RSUs are settled if you submit a new Settlement Date to Modine Manufacturing Company (the “Company”) in accordance with the procedures set forth in the Annual Stock Grant RSU Election Form.

      As of the Settlement Date, each RSU awarded to you under this Award Agreement shall be settled by ascribing to you (or in the event of your death, your beneficiary) a share of Common Stock in book entry on the records kept by the Company’s
        transfer agent or such other method of delivering shares of Common Stock subject to this Award Agreement, as determined by the Committee.  You shall not have any voting or other ownership rights in the Company arising from the grant of RSUs under
        this Award Agreement, unless and until such RSUs are settled pursuant to the terms hereof. For the avoidance of doubt, to the extent the Settlement Date occurs prior to the vesting of the Award as a result of a “Termination of Service” (as defined
        in the Election Form), such shares will be delivered to you within thirty (30) days of such Termination of Service.

      

      

      3.    Dividend Equivalents.  If any dividends are paid by the Company on the Company’s Common Stock between the Grant Date and the Settlement Date, then on the  date of such a dividend payment, you shall be
        granted an additional number of RSUs equal to the amount of dividends you would have received if your RSUs had been outstanding shares of Common Stock on the date of the dividend payment to the Company’s shareholders, divided by the average closing
        price of a share of Common Stock for the one-month period prior to the dividend payment date.   Such dividend RSUs shall be settled at the same time as all other RSUs are settled under this Award Agreement.

      

      

      
        
          


      

      4.    Transfer.  The Award shall not be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by you other than in the event of your death.  Except for the designation of your
        beneficiary in the event of your death, the purported assignment, alienation, pledge, attachment, transfer or encumbrance of the Award or this Award Agreement shall be void and unenforceable against the Company.  This provision shall not prevent
        you from transferring any shares of Common Stock issued hereunder following the issuance of such shares in settlement of this Award.

      

      

      5.    No Obligation of Service.  The Award shall not impose any obligation on the Company to continue your service with the Company.

      

      

      6.    Provisions of the Plan Control.  The Award is qualified in its entirety by reference to the terms and conditions of the Plan under which it is granted, a copy of
        which you may request from the Company.  The Plan empowers the Committee to make interpretations, rules and regulations thereunder and, in general, provides that the determinations of such Committee with respect to the Plan shall be binding upon
        you.  The Plan is incorporated herein by reference.

      

      

      7.    Forfeiture Under Recoupment Policy.  The Company shall have the power and the right to require you to forfeit and return any shares of Common Stock issued pursuant to this Award or any proceeds therefrom
        consistent with any recoupment policy maintained by the Company under applicable law, as such policy is amended from time to time.

      

      

      8.    Use of Words.  The use of words of the masculine gender in this Award Agreement is intended to include, wherever appropriate, the feminine or neuter gender and vice versa.

      

      

      9.   Successors.  This Award Agreement shall be binding upon and inure to the benefit of any successor or successors of the Company.

      

      

      10.  Taxes.  The Company may require payment of or withhold any minimum tax which it believes it is required to withhold, if any, as a result of the Award, and the Company may defer making delivery with respect
        to shares issuable hereunder until arrangements satisfactory to the Company have been made with respect to such tax withholding obligations.

      

      

      11.  No Legal or Tax Advice.  Notwithstanding anything stated in this Award Agreement, the Company is not providing any legal or tax advice related to the Award or any Common Stock that may be obtained upon
        settlement of the Award. Nothing stated in this Award Agreement is intended to cover any legal or tax situation. You are encouraged to consult your own legal and/or tax advisors to address any questions or concerns you may have regarding the Award
        or any Common Stock that may be obtained upon settlement of the Award.

      

      

      12.  Personal Information.  Solium Capital LLC and Equiniti Trust Company assist the Company in the operation of the Plan and the administration of the Award granted pursuant to this Award Agreement.  If you
        choose to participate in the Plan, you acknowledge and consent to the Company sharing your name, email, and information regarding the grant of the Award under this Award Agreement with both Solium Capital LLC and Equiniti Trust Company.

      

      

      SIGNATURES ON THE FOLLOWING PAGE

      

      

      
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      By your signature and the signature of the Company’s representative below, you and the Company agree that the RSUs awarded to you under this Award Agreement are subject to the terms and conditions of the Plan, a copy
        of which is available to you upon request.  As provided in the Plan, you hereby agree to accept as binding any decision of the Committee with respect to the interpretation of the Plan and this Award Agreement, or any other matters associated
        therewith.

      

      

      IN WITNESS WHEREOF, the Company has caused these presents to be executed as of __________, 2022.

       

      

      	 	
              MODINE MANUFACTURING COMPANY

            
	 	 	 
	 	
              By:

            	
              /s/Neil D. Brinker

            
	 	 	
              Neil D. Brinker

            
	 	 	
              President and Chief Executive Officer

            


      

      

      The undersigned hereby accepts the foregoing Restricted Stock Unit Award and agrees to the terms and conditions of this Award Agreement and of the Plan.

       

      

      
        	
                 

              	
                 

              


      

       

      

       

      

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