Document:

Form of 2009 Performance Stock Unit Agreement Amended and Restated

 Exhibit 10.3.5 
 AMENDED AND RESTATED 
 CHART INDUSTRIES, INC. 
 2005 STOCK INCENTIVE PLAN 
 PERFORMANCE UNIT AGREEMENT 
 THIS PERFORMANCE UNIT AGREEMENT (the “Agreement”), is entered into as of this
23 day of February, 2009 (the “Grant Date”), by and between Chart Industries, Inc., a Delaware corporation (the “Company”), and
                             (the “Grantee”). 
 WITNESSETH: 
 WHEREAS,
the Compensation Committee of the Board of Directors of the Company (the “Committee”) administers the Amended and Restated Chart Industries, Inc. 2005 Stock Incentive Plan (the “Plan”); and 
 WHEREAS, the Committee desires to provide the Grantee with Performance Units under the Plan upon the terms and conditions set forth in this
Agreement. 
 NOW, THEREFORE, the Company and the Grantee agree as follows: 
 1. Definitions. Unless the context otherwise indicates, the following words used herein shall have the following meanings wherever used in this
Agreement: 
  

	 	a.	“Performance Period” means the period set forth in Exhibit A. 

  

	 	b.	“Performance Requirements” means the performance measures set forth in Exhibit A. 

  

	 	c.	“Performance Unit” means a unit representing the right to receive a Share after completion of the Performance Period provided that the Performance Requirements have
been satisfied. 

  

	 	d.	“Retirement” (or variations thereof) means a voluntary separation from service with the Company, its Subsidiaries and its Affiliates, under circumstances indicative
of retirement, after attaining age 60 and completing 10 years of service with such entities. 

 Notwithstanding this Section, and unless
otherwise specified in the Agreement, capitalized terms shall have the meanings attributed to them under the Plan. 
 2. Grant of
Performance Units. As of the Grant Date, the Company grants to the Grantee, upon the terms and conditions set forth in this Agreement, (            ) Performance Units. The
Performance Units are granted in accordance with, and subject to, all the terms, conditions and restrictions of the Plan, which is hereby incorporated by reference in its entirety. In the 

 
event of a conflict between any term or provision contained herein and a term or provision of the Plan, the applicable terms and provisions of the Plan will
govern. The Grantee irrevocably agrees to, and accepts, the terms, conditions and restrictions of the Plan and this Agreement on his own behalf and on behalf of any beneficiaries, heirs, legatees, successors and assigns. 
 3. Restrictions on Transfer of Performance Units. The Grantee and his or her beneficiaries, heirs, legatees, successors and assigns cannot sell,
transfer, assign, pledge, hypothecate or otherwise directly or indirectly dispose of the Performance Units (whether with or without consideration and whether voluntarily or involuntarily or by operation of law) or any interest therein. 

4. Termination of Employment. 
  

	 	a.	Retirement, Death or Disability. If the Grantee terminates Employment as a result of Retirement, death or Disability prior to the last day of the Performance Period, the
Grantee (or his or her beneficiary or beneficiaries) shall be entitled to a pro-rated number of Shares or, if the Committee so elects, the cash equivalent, calculated by multiplying (x) by (y) where: 

  

	 	(x)	is the number of Shares, if any, that would have been earned by the Grantee as the result of the satisfaction of the Performance Requirements; and 

  

	 	(y)	is the number of months that the Grantee was employed (rounded up to the nearest whole number) during the Performance Period divided by the number of months in the Performance
Period. 

 The Committee shall determine in its sole and exclusive discretion whether the Grantee’s Employment has
terminated because of his or her Disability. The distribution or payment of the pro-rated award shall occur (if at all) at the same time as the distribution or payment specified in Section 6. 
  

	 	b.	Reasons Other Than Retirement, Death or Disability. Except as otherwise provided in Section 5, if the Committee determines in its sole and exclusive discretion that the
Grantee’s Employment has terminated prior to the end of the Performance Period for reasons other than those described in Section 4(a) above, the Grantee will forfeit his or her Performance Units. If the Performance Units are forfeited, the
Grantee and all persons who might claim through him or her will have no further interests under this Agreement. 

 5. Change
in Control. Upon a Change in Control prior to the end of the Performance Period: 
  

 2 

	 	a.	the Performance Requirements shall be deemed to have been satisfied at the greater of either: (i) the target level of the Performance Requirements as set forth on Exhibit A as
if the entire Performance Period had elapsed; or (ii) the level of actual achievement of the Performance Requirements as of the date of the Change in Control; and 

  

	 	b.	the appropriate number of Shares, or, if the Committee so elects, cash, determined in accordance with subsection (a) above shall be issued or paid to the Grantee not later than
30 days after the date of the Change in Control. 

 6. Distributions. Within 60 days after satisfaction or deemed
satisfaction of the Performance Requirements: 
  

	 	a.	with respect to Shares earned under Sections 4 or 5, the Company will deliver to Grantee (or his or her beneficiary or beneficiaries) certificates for the Shares to which Grantee is
entitled, subject to any applicable securities law restrictions or, if the Committee so elects, the cash equivalent; and 

  

	 	b.	with respect to Shares otherwise earned under this Agreement, the Company will issue to the Grantee the Shares to which Grantee is entitled, subject to any applicable securities law
restrictions or, if so elected, the cash equivalent, and provided that the Grantee is in active Employment on the last day of the Performance Period. 

 For purposes of this Section 6, “earned” Shares are those Shares to which the Grantee is entitled based upon the Earned Performance Units (as described in Exhibit A) and the terms of Section 4 or 5, if applicable. For
purposes of this Agreement, the cash equivalent of Shares is their Fair Market Value on the date of payment. Upon payment of the cash equivalent of Shares, the recipient and all persons who might claim through him or her shall have no remaining
interest under this Agreement. 
 7. Dividend and Voting Rights. The Grantee will not have any voting rights or be entitled to any
dividends with respect to Performance Units unless and until the Performance Requirements are timely satisfied, the Committee elects not to make payments in cash and Shares have actually been issued to the Grantee. No dividends or dividend
equivalents will be paid to the Grantee based upon interests in the Performance Units during the Performance Period. 
 8. Designation of
Beneficiary. By properly executing and delivering a Designation of Beneficiary Form to the Company, the Grantee may designate an individual or individuals as his or her beneficiary or beneficiaries with respect to his or her interest under this
Agreement. If the Grantee fails to properly designate a beneficiary, his or her interests under this Agreement will pass to the person or persons in the first of the following classes (who shall be deemed a beneficiary or beneficiaries) in which
there are any survivors: (i) spouse at the time of death; (ii)

  

 3 

 
issue, per stirpes; (iii) parents; and (iv) the estate. Except as the Company may determine in its sole and exclusive discretion, a properly
completed Designation of Beneficiary Form shall be deemed to revoke all prior designations with respect to this Agreement (or, if the form so provides, the Plan) upon its receipt and approval by the designated representative of the Company.

 9. Non-Transferability of Shares; Legends. Upon the acquisition of any Shares pursuant to this Agreement, if the Shares have not
been registered under the Securities Act of 1933, as amended (the “Act”), they may not be sold, transferred or otherwise disposed of unless a registration statement under the Act with respect to the Shares has become effective or unless
the Grantee establishes to the satisfaction of the Company that an exemption from such registration is available. The Shares will bear a legend stating the substance of such restrictions, as well as any other restrictions the Committee deems
necessary or appropriate. In addition, the Grantee will make or enter into such written representations, warranties and agreements as the Committee may reasonably request in order to comply with applicable securities laws or this Agreement.

 10. Effect of Corporate Reorganization or Other Changes Affecting Number or Kind of Shares. The provisions of this Agreement will
be applicable to the performance units, Shares or other securities, if any, which may be acquired by the Grantee related to the Performance Units as a result of a liquidation, recapitalization, reorganization, redesignation or reclassification,
split-up, reverse split, merger, consolidation, dividend, combination or exchange of Performance Units or Shares, exchange for other securities, a sale of all or substantially all assets or the like. The Committee may appropriately adjust the number
and kind of performance units or Shares described in this Agreement to reflect such a change. Section 9 of the Plan shall control in the event of any inconsistency between that section and this Section 10. 
 11. Plan Administration. The Plan is administered by the Committee, which has sole and exclusive power and discretion to interpret, administer,
implement and construe the Plan and this Agreement. All elections, notices and correspondence relating to the Plan should be directed to the Secretary at: 
 Chart Industries, Inc. 
 One Infinity Corporate Centre, Suite 300 
 Garfield Heights, OH 44125 
 Attn.: Secretary

 12. Notices. Any notice relating to this Agreement intended for the Grantee will be sent to the address appearing in the personnel
records of the Company, its Affiliate or its Subsidiary. Either party may designate a different address in writing to the other. Any notice shall be deemed effective upon receipt by the addressee. 
 13. Termination of Agreement. This Agreement will terminate on the earliest of: (a) the last day of the Performance Period if the Performance
Requirements are not satisfied; (b) the date of termination of the Grantee’s Employment for reasons referenced in Section 4(b) prior to the last day of the Performance Period; or (c) the date that Shares are delivered to the
Grantee 

  

 4 

 
(or his or her beneficiary or beneficiaries) or the date of payment of the cash equivalent thereof to the Grantee (or his or her beneficiary or
beneficiaries). Any terms or conditions of this Agreement that the Company determines are reasonably necessary to effectuate its purposes will survive the termination of this Agreement. 
 14. Successors and Legal Representatives. This Agreement will bind and inure to the benefit of the Company and the Grantee and their respective
heirs, beneficiaries, executors, administrators, estates, successors, assigns and legal representatives. 
 15. Integration. This
Agreement, together with the Plan, constitutes the entire agreement between the Grantee and the Company with respect to the subject matter hereof and may not be modified, amended, renewed or terminated, nor may any term, condition or breach of any
term or condition be waived, except pursuant to the terms of the Plan or by a writing signed by the person or persons sought to be bound by such modification, amendment, renewal, termination or waiver. Any waiver of any term, condition or breach
thereof will not be a waiver of any other term or condition or of the same term or condition for the future, or of any subsequent breach. 
 16. Separability. In the event of the invalidity of any part or provision of this Agreement, such invalidity will not affect the enforceability of any other part or provision of this Agreement. 
 17. Incapacity. If the Committee determines that the Grantee is incompetent by reason of physical or mental disability or a person incapable of
handling his or her property, the Committee may deal directly with or direct any payment to the guardian, legal representative or person having the care and custody of the incompetent or incapable person. The Committee may require proof of
incompetence, incapacity or guardianship, as it may deem appropriate before making any payment. In the event of a payment, the Committee will have no obligation thereafter to monitor or follow the application of the amounts so paid. Payments
pursuant to this paragraph shall completely discharge the Company with respect to such payments. 
 18. No Further Liability. The
liability of the Company, its Affiliates, its Subsidiaries and the Committee under this Agreement is limited to the obligations set forth herein and no terms or provisions of this Agreement shall be construed to impose any liability on the Company,
its Affiliates, its Subsidiaries or the Committee in favor of any person or entity with respect to any loss, cost, tax or expense which the person or entity may incur in connection with or arising from any transaction related to this Agreement.

 19. Section Headings. The section headings of this Agreement are for convenience and reference only and are not intended to define,
extend or limit the contents of the sections. 
  

 5 

 20. No Right to Continued Employment. Nothing in this Agreement will be construed to confer upon
the Grantee the right to continue in the employment or service of the Company, its Subsidiaries or Affiliates, or to be employed or serve in any particular position therewith, or affect any right which the Company, its Subsidiaries or an Affiliate
may have to terminate the Grantee’s employment or service with or without cause. 
 21. Governing Law. Except as may otherwise be
provided in the Plan, this Agreement will be governed by, construed and enforced in accordance with the internal laws of the State of Delaware, without giving effect to its principles of conflict of laws. 
 22. Signature in Counterparts. This Agreement may be signed in counterparts, each of which shall be an original, with the same effect as if the
signatures were upon the same instrument. 
 23. Amendment. The Committee may waive any conditions or rights under, amend any terms
of, or alter, suspend, discontinue, cancel or terminate this Agreement, but no such waiver, amendment, alteration, suspension, discontinuance, cancellation or termination shall materially adversely affect the rights of the Grantee hereunder without
the consent of the Grantee. 
 24. Withholding. The Grantee may be required to pay to the Company or any Affiliate and the Company or
any Affiliate shall have the right and is hereby authorized to withhold, any applicable withholding taxes in respect of the Performance Units or Shares, or any payment or transfer under or with respect to the Performance Units or Shares and to take
such other action as may be necessary in the opinion of the Committee to satisfy all obligations for the payment of such withholding taxes. The Participant may elect to pay any or all such withholding taxes as provided for in Section 4 of the
Plan. 
 25. Code Section 409A. It is intended that this Agreement and the compensation and benefits hereunder either be exempt
from, or comply with, Internal Revenue Code Section 409A, and this Agreement shall be so construed and administered. If the Company reasonably determines that any compensation or benefits awarded or payable under this Agreement may be subject
to taxation under Section 409A, the Company, after consultation with the Grantee, shall have the authority to adopt, prospectively or retroactively, such amendments to this Agreement or to take any other actions it determines necessary or
appropriate to: (a) exempt the compensation and benefits payable under this Agreement from Section 409A; or (b) comply with the requirements of Section 409A. In no event, however, shall this Section or any other provisions of the
Plan or this Agreement be construed to require the Company to provide any gross-up for the tax consequences of any provisions of, or awards or payments under, this Agreement and the Company shall have no responsibility for tax consequences of any
kind, whether or not such consequences are contemplated at the time of entry into this Agreement, to Grantee (or his beneficiary) resulting from the terms or operation of this Agreement. 
  

 6 

 IN WITNESS WHEREOF, the Company has caused this Agreement to be executed on its behalf by its duly authorized
officer and the Grantee has hereunto set his hand. 
  

									
	Grantee	 		 	Chart Industries, Inc.
				
	  
	 		 	By:	 	  

	Print Name:	 	  
	 		 	Its:	 	  

	Date:	 	  
	 		 	Date:	 	  

  

 7 

 EXHIBIT A 
 PERFORMANCE REQUIREMENTS 
 Performance Period 
 The Performance Period begins on January 1, 2009 and ends on December 31, 2011. 
 Performance Measures 

 The Performance Measures are: 
  

	 	1.	Relative Total Shareholder Return (“RTSR”) - RTSR is determined by comparing the total shareholder return of the Company with the total shareholder return of the
peer group of companies designated on Exhibit B (the companies listed on Exhibit B are the “Peer Group”). Total shareholder return is the result of (a) minus (b), plus (c), divided by (d), where: 

  

	 	a.	is the Share price on December 31, 2011; 

  

	 	b.	is the Share price on January 1, 2009; 

  

	 	c.	is the Dividends over the Performance Period; and 

  

	 	d.	is the Share price on January 1, 2009. 

 For purposes
of this formula, (x) the Share price on any given day shall be the average daily closing price for the Shares over the ten-trading-day period ending on that day, based on reported closing prices for the Shares for the ten trading days
(on which the Shares traded regular way in the market) ending on that day (or, if that day is not a trading day on which the Shares traded regular way in the market, then ending on the last trading day on which the Shares traded regular way in the
market immediately preceding that day), and (y) “Dividends” includes regular dividends, special or one-time dividends, Share buybacks and other payments or distributions from the Company to holders of Shares and, in the case of Peer
Group companies, from each of those companies to the holders of their common stock of any class. 
 The Committee may, in the exercise of its
discretion in good faith and in a manner consistent with the purposes of this Agreement, make such adjustments in calculating the RTSR as it deems necessary or appropriate to account for extraordinary or non-recurrent events affecting the Company or
the Peer Group companies. Without limiting the foregoing, the Committee may make appropriate adjustments to the RTSR to reflect a merger, asset sale, spin-off, stock split, stock dividend, public offering, bankruptcy or liquidation affecting the
Company or any Peer Group company. 

	 	2.	Relative EBITDA Growth (“REBITDA Growth”) - REBITDA Growth is determined by comparing the EBITDA growth of the Company with the EBITDA growth of the Peer Group
companies. EBITDA is defined as adjusted earnings before interest, taxes, depreciation and amortization as stated in, or derived from, the Company’s or the applicable Peer Group company’s publicly available financial statements (included
in an Annual Report on Form10-K or Quarterly Report on Form 10-Q, as applicable, or any successor report as it may be designated in the future, or in another public disclosure in the absence of such a report for the period in question in definitive,
unsuperseded form at the time of measurement). Company EBITDA growth will be measured against the EBITDA growth of the Peer Group of companies over three separate one-year measurement periods (each, a “Measurement Period”).

 Measurement Period 1 is January 1, 2009 through December 31, 2009 
 Measurement Period 2 is January 1, 2010 through December 31, 2010 
 Measurement Period 3 is January 1, 2011 through December 31, 2011 
 At the end of each Measurement
Period, the Company’s EBITDA growth for such period will be compared to the EBITDA growth of the Peer Group of companies for such period and the Company’s performance will be given a percentile ranking among the Peer Group companies for
such period based on such comparison (each, a “One-Year REBITDA Percentile Ranking”). EBITDA growth for any Measurement Period for the Company or any peer group company shall be the percent by which EBITDA for such period for such company
exceeds the EBITDA for such company for the twelve months immediately preceding the beginning of such Measurement Period. When calculating any relative EBIDTA growth percentile ranking among companies, companies reporting positive growth will rank
higher the greater the amount of the positive growth and companies reporting negative growth will rank lower the greater the amount of the negative growth. 
 For a Peer Group company whose fiscal year does not end at the end of the calendar year, EBITDA will be calculated using quarterly data from the four most recently completed quarters of such company before the end of
each Measurement Period so as to align the period of comparison as closely as possible with the Company’s fiscal year end. The Committee may, in the exercise of its discretion in good faith and in a manner consistent with the purposes of this
Agreement, interpolate, estimate or, in the case of unreported results, disregard the results of individual Peer Group companies to the extent required to make the necessary calculations under this Agreement within the timeframe required by this
Agreement. 
 The Committee may, in the exercise of its discretion in good faith and in a manner consistent with the purposes of this
Agreement, make such adjustments in calculating EBITDA of the Company or a Peer Group company, or otherwise in calculating the REBITDA Growth, as it deems necessary or appropriate to account for extraordinary, unusual or non-recurring events
affecting the Company or a Peer Group company. Without limiting the foregoing, the Committee may make appropriate adjustments to 

  

 2 

 
EBITDA or REBITDA Growth to reflect a merger, acquisition, disposition, spin-off, bankruptcy or liquidation, material impairment or restructuring charge,
gain or loss on sale of non-operating assets, income or loss from discontinued operations, income or expenses related to the adoption of accounting principles, and any other extraordinary items affecting the Company or any Peer Group company deemed
to be adjustments by the Committee. 
 Earned Performance Units 
 The Performance Units subject to, respectively, the RTSR and REBITDA Growth Performance Measures shall become, respectively, RTSR Earned Performance Units and REBITDA Earned Performance Units (collectively, the “Earned Performance
Units”), as determined pursuant to the methodologies set forth below: 
  

	 	1.	RTSR Earned Performance Units 

 RTSR Earned
Performance Units are determined as follows: 
  

	 	a.	Measure total shareholder return for the Performance Period for the Company and for each entity that makes up the Peer Group. 

  

	 	b.	Determine the percentile ranking of the Company compared to the Peer Group based upon the cumulative total shareholder return over the Performance Period. 

 

	 	c.	Determine the percentage of earned Performance Units (the “RTSR Earned Percentage”) as follows: 

  

						
	 Levels
	  	Percentage Ranking	  	RTSR Earned
Percentage	 
	 Threshold
	  	35th	  	10	%
	 Target
	  	55th	  	100	%
	 Maximum
	  	75th	  	150	%

 With respect to performance levels that fall between these percentiles, the RTSR Earned
Percentage will be interpolated on a straight-line basis. In no event will the RTSR Earned Percentage exceed 150%. 
  

	 	d.	Determine the number of earned Performance Units (“RTSR Earned Performance Units”) as follows: 

 50%  X  RTSR Earned Percentage  X  Number of Performance Units 
  

 3 

	 	2.	REBITDA Earned Performance Units 

 REBITDA Earned
Performance Units are determined as follows: 
  

	 	a.	Add the One-Year REBITDA Percentile Ranking of the Company for each of the three separate Measurement Periods and divide by three to calculate an average percentile ranking (the
“Average Percentile Ranking”) of the Company among the Peer Group over the three-year Performance Period. If the performance period is less than three years due to a Change in Control, then the Average Percentile Ranking would be
determined by using a partial-year Measurement Period for any partial-year period through the Change in Control and by dividing by a number less than three equal to the number of years (including any fractional years) from January 1, 2009
through the Change in Control. 

  

	 	b.	Based on such Average Percentile Ranking, determine the percentage of earned Performance Units (the “REBITDA Earned Percentage”) as provided as follows.

  

						
	 Levels
	  	Average
Percentile Ranking	  	REBITDA Earned
Percentage	 
	 Threshold
	  	35th	  	10	%
	 Target
	  	55th	  	100	%
	 Maximum
	  	75th	  	150	%

 With respect to performance levels that fall between these percentiles, the REBITDA Earned
Percentage will be interpolated on a straight-line basis. In no event will the REBITDA Earned Percentage exceed 150%. 
  

	 	c.	Determine the number of earned Performance Units (“REBITDA Earned Performance Units”) as follows: 

 50%  X  REBITDA Earned Percentage  X  Number of Performance Units 
  

 4 

 EXHIBIT B 
 PEER GROUP 
  

					
		 	Air Products & Chemicals Inc.	 	
		 	Airgas Inc.	 	
		 	Altra Holdings Inc.	 	
		 	Ampco-Pittsburgh Corp.	 	
		 	Barnes Group Inc.	 	
		 	Cameron International Corp.	 	
		 	Circor Intl. Inc.	 	
		 	Columbus McKinnon Corp.	 	
		 	Dresser-Rand Group Inc.	 	
		 	Enpro Industries Inc.	 	
		 	Gorman-Rupp Co.	 	
		 	Kaydon Corp.	 	
		 	Lufkin Industries, Inc.	 	
		 	National Oilwell Varco Inc.	 	
		 	Powell Industries Inc.	 	
		 	Praxair Inc.	 	
		 	Robbins & Myers Inc.	 	
		 	Exterran Holdings, Inc.Form of Nonqualified Stock Option Agreement (2009 grants)

 Exhibit 10.3.7 
 AMENDED AND RESTATED 
 CHART INDUSTRIES, INC. 
 2005 STOCK INCENTIVE PLAN 
 NONQUALIFIED STOCK OPTION AGREEMENT 
 THIS NONQUALIFIED STOCK OPTION AGREEMENT (the “Agreement”) is entered
into as of this 2nd day of January, 2009 (the “Grant Date”), between Chart Industries, Inc., a Delaware corporation (the “Company”), and
                             (the “Participant”). 
 WITNESSETH: 
 WHEREAS,
the Compensation Committee of the Board of Directors of the Company (the “Committee”) administers the Amended and Restated Chart Industries, Inc. 2005 Stock Incentive Plan (the “Plan”); and 
 WHEREAS, the Committee has determined that it would be in the best interests of the Company and its stockholders to grant nonqualified stock
options to the Participant upon the terms and conditions set forth in this Agreement. 
 NOW, THEREFORE, the Company and the
Participant agree as follows: 
 1. Interpretation. Unless otherwise specified in this Agreement, capitalized terms shall have the
meanings attributed to them under the Plan. The terms and provisions of the Plan, as it may be amended from time to time, are hereby incorporated herein by reference. In the event of a conflict between any term or provision contained herein and a
term or provision of the Plan, the applicable terms and provisions of the Plan will govern. 
 2. Grant of the Option. As of the Grant
Date, the Company grants to the Participant, under the terms and conditions of this Agreement, the right to purchase all or any part of an aggregate of
                     (    ) Shares, which right will vest over a period of time in accordance with Section 4
(the “Option”), subject to adjustment as set forth in Section 9 of the Plan. The Option is intended to be a nonqualified stock option. 
 3. Option Price. The purchase price of the Shares subject to the Option shall be, and shall never be less than, the Fair Market Value of the Shares on the Grant Date. The Fair Market Value of a Share on the
Grant Date is $11.00 (the “Option Price”). The Option Price is subject to adjustment as described in Section 9 of the Plan. 
 4. Vesting. 
  

	 	a.	Service-Based. Subject to the Participant’s continued Employment as of such dates (except as otherwise provided herein with respect to Retirement), the Option shall vest
and become exercisable with respect to twenty-five percent (25%) of the Shares initially covered by the Option on each of the first, second, third and fourth anniversaries of the Grant Date. 

  

	 	b.	 Change in Control. In the event of a Change in Control, subject to the Participant’s continuous Employment from the Grant Date through the date of the
Change in Control, the Option shall, to the extent not then 

	 	 
vested and not previously canceled, immediately become fully vested and exercisable. 

  

	 	c.	Termination of Employment 

  

	 	i.	General Rule. If the Participant’s Employment is terminated for any reason other than those reasons specifically addressed in Section 4(c), and except as otherwise
provided in Section 4(b), the Unvested Portion of the Option shall be canceled and the Participant shall have no further rights with respect thereto and the Vested Portion of the Option shall remain exercisable for the period set forth in
Section 5(a) of this Agreement. 

  

	 	ii.	Death or Disability. If the Participant’s Employment terminates as a result of death or Disability, the Option shall, to the extent not then vested and not previously
canceled, immediately become fully vested and exercisable. 

  

	 	iii.	Retirement. If the Participant’s Employment terminates as a result of Retirement, the vesting provisions of this Agreement shall continue to apply, but without giving
effect to any requirement of continuous Employment. 

  

	 	d.	Special Terms. 

  

	 	i.	At any time, the portion of the Option which has become vested and exercisable as described above is referred to as the “Vested Portion,” and the portion of the
Option which is then unvested is referred to as the “Unvested Portion.” 

  

	 	ii.	The term “Retirement” or variations thereof means a voluntary separation from service with the Company, its Subsidiaries and its Affiliates, under circumstances indicative
of retirement, after attaining age 60 and completing 10 years of service with such entities. 

  

	 	iii.	 “Cause” shall mean (i) the Participant’s willful failure to perform duties which, if curable, is not cured promptly, or in any event within ten
(10) days, following the first written notice of such failure from the Company, (ii) the Participant’s commission of, or plea of guilty or no contest to a (x) felony or (y) crime involving moral turpitude, (iii) willful
malfeasance or misconduct by the Participant which is demonstrably injurious to the Company or its Subsidiaries or Affiliates, (iv) material breach by the Participant of any non-competition, non-solicitation or confidentiality covenants,
(v) commission by the Participant of any act of gross negligence, corporate waste, disloyalty or unfaithfulness to the Company which adversely affects the business of the Company or its Subsidiaries or Affiliates, or (vi) any other act or
course of conduct by the 

  

 2 

	 	 
Participant which will demonstrably have a material adverse effect on the Company, a Subsidiary or Affiliate’s business; and

  

	 	iv.	“Good Reason” shall mean, without the Participant’s consent, (i) a substantial diminution in the Participant’s position or duties, material adverse change
in reporting lines, or assignment of duties materially inconsistent with his position or (ii) any reduction in the Participant’s base salary and/or material reduction in employee benefits in the aggregate provided to the Participant
(excluding any general salary reduction or reduction in employee benefits similarly affecting substantially all other senior executives of the Company as a result of a material adverse change in the Company’s prospects or business), in each
case which is not cured within thirty (30) days following the Company’s receipt of written notice from the Participant describing the event constituting Good Reason. 

 5. Exercise of Option. 
  

	 	a.	Period of Exercise. Subject to the provisions of the Plan and this Agreement, the Participant (or his or her successor, as appropriate) may exercise all or any part of the
Vested Portion of the Option at any time prior to the earliest to occur of: 

  

	 	i.	the tenth anniversary of the Grant Date; 

  

	 	ii.	the first anniversary of the Participant’s termination of Employment due to death or Disability; 

  

	 	iii.	thirty (30) days following the date of the Participant’s termination of Employment by the Participant without Good Reason (other than Retirement) or by the Company or its
Affiliates for Cause; and 

  

	 	iv.	ninety (90) days following the date of the Participant’s termination of Employment for reasons other than Retirement or the reasons described in Section 5(a)(ii) and
5(a)(iii) above. 

  

	 	b.	Method of Exercise. 

  

	 	i.	 Subject to Section 5(a), the Vested Portion of the Option may be exercised by delivering written notice of intent to so exercise to the Company at its
principal office; provided that, the Option may be exercised with respect to whole Shares only. Such notice shall specify the number of Shares for which the Option is being exercised and shall be accompanied by full payment of the
Option Price. Payment of the Option Price may be made at the election of the Participant: (w) in cash or its equivalent (e.g., by check); (x) to the extent permitted by the Committee, in Shares having a Fair Market Value as of the
payment date equal to the aggregate Option Price for the Shares being purchased and satisfying such other 

  

 3 

	 	 
requirements imposed by the Committee, provided that such Shares have been held by the Participant for more than six months (or such other period as
established from time to time by the Committee); (y) partially in cash and, to the extent permitted by the Committee, partially in such Shares; or (z) if there is a public market for the Shares on the payment date, subject to such rules as
may be established by the Committee, through the delivery of irrevocable instructions to a broker to sell Shares obtained upon the exercise of the Option and to deliver promptly to the Company an amount out of the proceeds of such sale equal to the
aggregate Option Price for the Shares being purchased. No Participant shall have any rights to dividends or other rights of a stockholder with respect to Shares subject to an Option until the Participant has given written notice of exercise of the
Option, paid the full Option Price for such Shares and, if applicable, satisfied any other requirements imposed by the Committee. 

  

	 	ii.	Notwithstanding any other provision of the Plan or this Agreement to the contrary, the Option may not be exercised prior to the completion of any registration or qualification of
the Option or the Shares under applicable state and federal securities or other laws, or under any ruling or regulation of any governmental body or national securities exchange that the Committee determines, in its sole discretion, to be necessary
or advisable. 

  

	 	iii.	Upon the Committee’s determination that the Option has been validly exercised as to any of the Shares, the Company shall issue certificates in the Participant’s name for
such Shares. However, the Company shall not be liable to any person or entity for damages relating to any delays in issuing the certificates, any loss of the certificates or any mistakes or errors in the issuance of the certificates or in the
certificates themselves. 

  

	 	iv.	In the event of the Participant’s death, the Vested Portion of the Option shall remain exercisable by the Participant’s beneficiary to the extent set forth in
Section 5(a). No beneficiary, executor, administrator, heir or legatee of the Participant shall have greater rights than the Participant under this Agreement or otherwise. 

 6. Designation of Beneficiary. By properly executing and delivering a Designation of Beneficiary Form to the Company, the Participant may
designate an individual or individuals as his or her beneficiary or beneficiaries with respect to his or her interest under the Plan. If the Participant fails to properly designate a beneficiary, his or her interests under this Agreement will pass
to the person or persons in the first of the following classes (who shall be deemed a beneficiary or beneficiaries) in which there are any survivors: (i) spouse at the time of death; (ii) issue, per stirpes; (iii) parents; and
(iv) the estate. Except as the Company may determine in its sole and exclusive discretion, a properly completed Designation of Beneficiary Form shall be deemed to revoke all prior designations upon its receipt and approval by the designated
representative. 
  

 4 

 7. Non-Transferability of Option. The Option (and any portion thereof) may not be assigned,
alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant other than by beneficiary designation pursuant to this Agreement or the laws of descent and distribution, and any such purported assignment, alienation,
pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable. No permitted transfer of the Option shall be effective to bind the Company unless the Committee is furnished with written notice thereof and a copy of such evidence
as the Committee may deem necessary or appropriate to establish the validity of the transfer and the acceptance by the transferee or transferees of the terms and conditions of the Plan and this Agreement. During the Participant’s lifetime, the
Option is exercisable only by the Participant. 
 8. Non-Transferability of Shares; Legends. Upon the acquisition of any Shares
pursuant to the exercise of the Option, if the Shares have not been registered under the Securities Act of 1933, as amended (the “Act”), they may not be sold, transferred or otherwise disposed of unless a registration statement
under the Act with respect to the Shares has become effective or unless the Participant establishes to the satisfaction of the Company that an exemption from such registration is available. The Shares will bear a legend stating the substance of such
restrictions, as well as any other restrictions the Committee deems necessary or appropriate. In addition, the Participant will make or enter into such written representations, warranties and agreements as the Committee may reasonably request in
order to comply with applicable securities laws or this Agreement. 
 9. Plan Administration. The Plan is administered by the
Committee, which has sole and exclusive power and discretion to interpret, administer, implement and construe the Plan and this Agreement. All elections, notices and correspondence relating to the Plan should be directed to the Secretary at:

 Chart Industries, Inc. 
 One
Infinity Corporate Centre, Suite 300 
 Garfield Heights, OH 44125 
 Attn.: Secretary 
 10. Notices. Any
notice relating to this Agreement intended for the Participant will be sent to the address appearing in the personnel records of the Company, its Affiliate or its Subsidiary. Either party may designate a different address in writing to the other.
Any notice shall be deemed effective upon receipt by the addressee. 
 11. Successors and Legal Representatives. This Agreement will
bind and inure to the benefit of the Company and the Participant and their respective heirs, beneficiaries, executors, administrators, estates, successors, assigns and legal representatives. 
 12. Withholding. The Participant may be required to pay to the Company or any Affiliate and the Company or any Affiliate shall have the right and
is hereby authorized to withhold, any applicable withholding taxes in respect of the Option, its exercise or any payment or transfer under or with respect to the Option and to take such other action as may be necessary in the opinion of the
Committee to satisfy all obligations for the payment of such withholding taxes. The Participant may elect to pay any or all such withholding taxes as provided for in Section 4 of the Plan. 
  

 5 

 13. Integration. This Agreement, together with the Plan, constitutes the entire agreement between
the Participant and the Company with respect to the subject matter hereof and may not be modified, amended, renewed or terminated, nor may any term, condition or breach of any term or condition be waived, except pursuant to the terms of the Plan or
by a writing signed by the person or persons sought to be bound by such modification, amendment, renewal, termination or waiver. Any waiver of any term, condition or breach thereof will not be deemed a waiver of any other term or condition or of the
same term or condition for the future, or of any subsequent breach. 
 14. Separability. In the event of the invalidity of any part or
provision of this Agreement, such invalidity will not affect the enforceability of any other part or provision of this Agreement. 
 15.
Incapacity. If the Committee determines that the Participant is incompetent by reason of physical or mental disability or a person incapable of handling his or her property, the Committee may deal directly with, or direct any issuance of
Shares to, the guardian, legal representative or person having the care and custody of the incompetent or incapable person. The Committee may require proof of incompetence, incapacity or guardianship, as it may deem appropriate before making any
issuance. In the event of an issuance of Shares, the Committee will have no obligation thereafter to monitor or follow the application of the Shares issued. Issuances made pursuant to this paragraph shall completely discharge the Company’s
obligations under this Agreement. 
 16. No Further Liability. The liability of the Company, its Affiliates, its Subsidiaries and the
Committee under this Agreement is limited to the obligations set forth herein and no terms or provisions of this Agreement shall be construed to impose any liability on the Company, its Affiliates, its Subsidiaries or the Committee in favor of any
person or entity with respect to any loss, cost, tax or expense which the person or entity may incur in connection with or arising from any transaction related to this Agreement. 
 17. Section Headings. The section headings of this Agreement are for convenience and reference only and are not intended to define, extend or
limit the contents of the sections. 
 18. No Right to Continued Employment. Nothing in this Agreement will be construed to confer
upon the Participant the right to continue in the Employment of the Company, its Subsidiaries or its Affiliates, or to be employed or serve in any particular position therewith, or affect any right the Company, its Subsidiaries or its Affiliates may
have to terminate the Participant’s Employment or service with or without cause. 
 19. Governing Law. Except as may otherwise be
provided in the Plan, this Agreement will be governed by, construed and enforced in accordance with the internal laws of the State of Delaware, without giving effect to its principles of conflict of laws. 
 20. Signature in Counterparts. This Agreement may be signed in counterparts, each of which shall be an original, with the same effect as if the
signatures were upon the same instrument. 
 21. Amendment. The Committee may waive any conditions or rights under, amend any terms
of, or alter, suspend, discontinue, cancel or terminate this Agreement, but no such 

  

 6 

 
waiver, amendment, alteration, suspension, discontinuance, cancellation or termination shall materially adversely affect the rights of the Participant
hereunder without the consent of the Participant. 
 22. Code Section 409A. It is intended that this Agreement and the
compensation and benefits hereunder meet the requirements for exemption from Code Section 409A set forth in Treas. Reg. Section 1.409A-1(b)(5), as well as any other such applicable exemption, and this Agreement shall be so construed and
administered. If the Company determines that any compensation or benefits awarded or payable under this Agreement may be subject to taxation under Code Section 409A, the Company shall, after consultation with the Participant, have the authority
to adopt, prospectively or retroactively, such amendments to this Agreement or to take any other actions it determines necessary or appropriate to exempt the compensation and benefits payable under this Agreement from Code Section 409A. In no
event, however, shall this Section or any other provisions of the Plan or this Agreement be construed to require the Company to provide any gross-up for the tax consequences of any provisions of, or awards or payments under this Agreement and the
Company shall have no responsibility for tax consequences of any kind to the Participant (or his beneficiary) resulting from the terms or operation of this Agreement. 
 23. Adjustment of Number of Shares, Etc. Subject to Code Section 409A, if, after the Grant Date, there is any change in the outstanding Shares by reason of any Share dividend or split, reorganization,
recapitalization, merger, consolidation, spin-off, combination, combination or transaction or exchange of Shares or other corporate exchange, or any distribution to shareholders other than regular cash dividends or any transaction similar to the
foregoing, then (a) there shall automatically be substituted for each Share subject to the Option the number and kind of shares of capital stock or other securities into which each outstanding Share shall be changed, (b) the Option Price
shall be increased or decreased proportionately so that the aggregate purchase price for the securities subject to the Option shall remain the same as immediately prior to such event, and (c) the Committee shall make such other appropriate
adjustments to the securities subject to the Option as may be appropriate and equitable and to the extent necessary to avoid the application of Code Section 409A or its adverse tax consequences, and any such adjustment shall be final, binding
and conclusive as to the Participant. Any such adjustment may provide for the elimination of fractional shares if the Committee shall so direct. 
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement. 
  

									
	Participant	 		 	Chart Industries, Inc.
				
	  
	 		 	By:	 	  

	Print Name:	 	  
	 		 	Its:	 	  

	Date:	 	  
	 		 	Date:	 	  

  

 7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00153-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00153-of-00352.parquet"}]]