Document:

EX-10.14

 Exhibit 10.14 
 RESTRICTED STOCK 
 UNIT AWARD 

AGREEMENT 

This Restricted Stock Unit Award Agreement is entered into as of the [    ] day of
[            , 20    ], by and between ONE Gas Company, Inc., an Oklahoma corporation, (the “Company”), and «Officer_Name» (the
“Grantee”), an employee of the Company or a Subsidiary thereof, pursuant to the terms of the ONE Gas, Inc. Equity Compensation Plan (the “Plan”). 
 1. Restricted Unit Award. This Restricted Stock Unit Award Agreement and that certain Restricted Unit Award, dated [            ,
20    ], a copy of which is attached hereto and incorporated herein by reference (collectively, the “Agreement”), constitute evidence of the grant of a Restricted Unit Award (the “Award”) of
«No_of_Restricted_Units» Restricted Units to the Grantee by the Company that shall entitle the Grantee to receive shares of the Company’s common stock (the “Common Stock”) pursuant to the terms and conditions
of this Agreement and of the Plan. The Award and Restricted Units granted pursuant to this Agreement include the right of Grantee to receive dividend equivalents (“Dividend Equivalents”) upon the declaration and payment of dividends by the
Company to all holders of all common stock to the extent and as provided for in paragraph 5 of this Agreement. This Agreement, when executed by the Grantee, constitutes an agreement between the Company and the Grantee.  

2. Plan. Notwithstanding any provisions herein to the contrary, should there be any inconsistency between the provisions of this
Agreement and the terms of the Award stated in the resolutions and records of the Board of Directors or the Plan, the provisions of such resolutions and records of the Plan shall control. Except where expressly stated or clearly indicated otherwise
by the terms of this Agreement, all terms, words and phrases used herein shall have the same meaning and effect as stated and as defined in the Plan. 
 3. Grantee’s Agreement Concerning Award and Employment. In consideration of the Company’s granting the Award as incentive compensation to Grantee pursuant to this Agreement, the Grantee
by acceptance thereof, and signing this Agreement evidencing its terms, agrees to such terms and to continue to contribute and perform service in the employ of the Company (or a Subsidiary thereof) at the direction, will and pleasure of the Company.
Provided, however, neither the foregoing agreement of the Grantee in this paragraph 3, nor any other provision in the Plan shall confer on the Grantee any right to continue in the employ of the Company (or a Subsidiary thereof), or interfere in any
way with the right of the Company (or such Subsidiary) to terminate the Grantee’s employment at any time. 
 4.
Registration of Stock; Grantee’s Representation With Respect to Acquiring for Investment. It is intended by the Company that the Plan and shares of Common Stock covered by the Award issued and granted to the Grantee referred to in
paragraph 1, above, are to be registered under the Securities Act of 1933, as amended, prior to the grant date; provided, that in the event such registration is for any reason not made effective for such shares, the Grantee agrees, for the Grantee,
and for the Grantee’s heirs and legal representatives by inheritance or bequest, that all shares acquired pursuant to the grant will be acquired for investment and not 

 
with a view to, or for sale or tender in connection with the distribution of any part thereof, including any transfer or distribution of such shares by the Grantee pursuant to the grant and this
Agreement or as otherwise allowed by the Plan. 
 5. Restrictions; Restricted Period; Transfer of Common Stock to
Grantee. The issue and grant of the Award to the Grantee stated in paragraph 1, above, are subject to the following terms and conditions: 
 (a) The ownership and transfer of the Restricted Units granted hereunder shall be restricted during the period beginning [            ,
20    ], the grant date thereof (the “Grant Date”) and ending on [            , 20    ], (which period is hereinafter referred to as
“Restricted Period”), as herein provided. 
 (b) The Restricted Units, or any Common Stock or cash to be paid or
transferred to Grantee pursuant to the Award may not be sold, assigned, transferred, pledged, encumbered or otherwise disposed of by Grantee or any other person except as provided in this Agreement and the Plan until the expiration of the Restricted
Period. 
 (c) Except as otherwise provided in the Agreement, the Grantee shall earn and become vested and
entitled to the Restricted Units granted by this Award under paragraph 1, above, at the end of the Restricted Period if the Grantee’s employment by the Company (or Subsidiary thereof) does not terminate during the Restricted Period. Upon
expiration of the Restricted Period, the Grantee shall be entitled to receive, and the Company shall issue to Grantee one (1) share of Common Stock for each Restricted Unit that becomes earned by and vested in the Grantee pursuant to the Award.
The Common Stock the Grantee becomes entitled to receive under the Award shall be paid, distributed, transferred and issued on the last day of the Restricted Period, or as soon as practicable after such date as determined by the Committee, but in no
event after the 15th day of the third month after such
date. 
 (1) The Grantee shall become vested in the Restricted Units granted hereunder and Common Stock paid and transferred
pursuant to the Award free and clear of all restrictions imposed by the Award if the Grantee’s employment by the Company (or Subsidiary thereof) does not terminate during the Restricted Period; provided, that the Grantee shall become partially
vested in the Restricted Units and Common Stock payable pursuant to the Award and the restrictions imposed by the Award shall partially cease to apply in certain events to the extent described in paragraph 6(d), below. 

(2) If the Grantee’s employment with the Company (or Subsidiary thereof) terminates prior to the end of the Restricted Period by
reason of (i) the Grantee’s voluntary termination of employment with the Company (or Subsidiary), or (ii) the involuntary Termination for Cause by the Company of the Grantee’s employment with the Company (or Subsidiary), the
Grantee shall forfeit all the Grantee’s right, title or interest in the Restricted Units, and to any Common Stock payable or to be issued pursuant to the Award. Any such termination of employment described in the preceding sentence shall not be
deemed to occur by reason of transfer of employment of the Grantee by or between the Company and any Subsidiary. 

  
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 (3) The Grantee shall not be entitled to vote any shares of Common Stock and, except as
provided in paragraph 5(c)(4), the Grantee shall not have any right or interest as a holder of Common Stock by reason of the Award granted under this Agreement prior to the end of the Restricted Period and actual issuance of Common Stock to the
Grantee pursuant to the Award. 
 (4) During the Restricted Period Grantee shall earn and Dividend Equivalents shall be credited
to Grantee with respect to Restricted Units in the form of additional Restricted Units (“Additional Restricted Units”) to the extent and as provided for in this Agreement, as follows: 

(i) On each date on which (a) the Restricted Units and Additional Restricted Units credited to Grantee pursuant to the Award under
this Agreement have not become vested or have not been forfeited pursuant to the terms of this Agreement, and (b) the Company declares and pays a cash dividend to holders of Common Stock (each, a “Dividend Payment Date”), a number of
Additional Restricted Units will be credited to Grantee in an amount (including fractional Additional Restricted Units) determined by dividing (x) the aggregate cash dividends that would have been paid on the number of shares of Common Stock
(including fractional shares of Common Stock) into which the Restricted Units and Additional Restricted Units theretofore granted and credited to the Grantee under this Agreement on the Dividend Payment Date would be converted if vested on such
date, by (y) the Fair Market Value of a share of Common Stock on such Dividend Payment Date. 
 (ii) The Additional
Restricted Units credited to Grantee pursuant to paragraph 5(c)(4)(i) shall be added to and included in a cumulative aggregate amount of Additional Restricted Units credited to the Grantee hereunder, which shall be recorded and accounted for as a
separate identifiable amount to the credit of the Grantee (“Additional Restricted Units Amount”). 
 (iii) Except as
provided below with respect to the treatment of a fractional Additional Restricted Unit or fractional share of Common Stock attributable to Grantee upon vesting hereunder, all the Additional Restricted Units and the Additional Restricted Units
Amount so credited to Grantee shall be subject to the same terms and conditions as the Restricted Units granted pursuant to paragraph 1 above, and such Additional Restricted Units and Additional Restricted Units Amount shall be forfeited in the
event that the Restricted Units granted pursuant to paragraph 1, above are forfeited. 
 (iv) Unless otherwise expressly stated
herein, any reference to Restricted Units in this Agreement shall be deemed to similarly and in like manner refer and apply to Additional Restricted Units credited to Grantee. 

(v) The Grantee shall earn and become vested and entitled to the Additional Restricted Units granted by this Award under this paragraph
5(c)(4) at the end of the Restricted Period. Upon expiration of the Restricted Period, Grantee shall be entitled to receive, and the Company shall issue to Grantee one (1) share of Common Stock for each Additional Restricted Unit that becomes
earned by and vested in Grantee pursuant to the Award; provided, that the shares of Common Stock to be issued to and received by Grantee for Additional 

  
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Restricted Units, shall be only issued in whole shares of Common Stock, and any fractional share of Common Stock attributable to the Additional Restricted Units credited to Grantee shall paid to
Grantee in an amount of cash equal to the Fair Market Value of a fractional share of Common Stock. 
 6. Transferability of
Restricted Units, Cash or Common Stock; Termination of Employment. 
 (a) Except as provided in subparagraph (b) of
this paragraph 6, below, this Agreement, the Grantee’s rights and obligations hereunder, and the Restricted Units granted hereunder shall not be transferable by the Grantee otherwise than by will or the laws of descent and distribution which
apply to the Grantee’s estate. 
 (b) Notwithstanding the foregoing, the Grantee may transfer any part or all of the
Grantee’s rights in the Restricted Units to members of the Grantee’s immediate family, or to one or more trusts for the benefit of such immediate family members, or partnerships in which such immediate family members are the only partners
if the Grantee does not receive any consideration for the transfer. In the event of any such transfer, Restricted Units shall continue to be subject to the same terms and conditions otherwise applicable hereunder and under the Plan immediately prior
to its transfer, except that such rights shall not be further transferable by the transferee inter vivos, except for transfer back to the original Grantee. For any such transfer to be effective, the Grantee must provide prior written notice
thereof to the Committee, unless otherwise authorized and approved by the Committee, in its sole discretion; and the Grantee shall furnish to the Committee such information as it may request with respect to the transferee and the terms and
conditions of any such transfer. For purposes of transfer of this grant under this subparagraph (b), “immediate family” shall mean the Grantee’s spouse, children and grandchildren. 

(c) Notwithstanding any provision in this Agreement to the contrary, all rights and interest of the Grantee in the Restricted Units shall
become invalid and wholly terminated and forfeited upon (i) the Grantee’s voluntary termination of the Grantee’s employment with the Company (or Subsidiary), or (ii) the involuntary Termination for Cause by the Company of the
Grantee’s employment with the Company (or Subsidiary). 
 (d) Notwithstanding the foregoing provisions, in the event of
termination of the Grantee’s employment with the Company (or Subsidiary) during the Restricted Period by reason of (i) the involuntary termination of the Grantee’s employment with the Company (or a Subsidiary) other than a Termination
for Cause (ii) the Retirement of the Grantee, (iii) the Total Disability of the Grantee, or (iv) the Grantee’s death while still employed by the Company (or Subsidiary), then partial vesting shall be allowed as provided in this
paragraph 6(d) and the Grantee shall become vested in and receive, in the event of any such involuntary termination of employment other than a Termination for Cause, Retirement or Total Disability, and the legatees, designated Beneficiary, personal
representative or heirs of the Grantee shall be vested in and entitled to receive, in the event of the Grantee’s death, the percentage of the Restricted Units which is determined by dividing the number of full months which have elapsed under
the Restricted Period at the time of such termination of employment by the number of full months in the Restricted Period. The Grantee, or legatees, designated Beneficiary, personal representative

  
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or heirs of the Grantee, as applicable, shall be entitled to receive and the Company shall issue, to the Grantee, or such legatees, designated Beneficiary, personal representative or heirs, as
applicable, one share of Common Stock for each vested Restricted Unit, which shall be issued, paid and transferred pursuant to the Award free and clear of all restrictions imposed by the Award on the last day of the Restricted Period, or as soon as
practicable thereafter as determined by the Committee, but in no event later than the 15th day of the third calendar month after the last day of the Restricted Period. 

(e) The Grantee may designate a Beneficiary to receive any rights of the Grantee which may become vested in the event of the death of the
Grantee under procedures and in the form established by the Committee; and in the absence of such designation of a beneficiary, any such rights shall be deemed to be transferred to the estate of the Grantee. 

(f) For purposes of the Award and this Agreement, an “involuntary termination” shall mean that the Company (or Subsidiary) has
ended the Grantee’s employment with the Company (or Subsidiary) without the Grantee having an opportunity to continue employment with the Company (or Subsidiary); an “involuntary Termination for Cause” of the Grantee’s employment
with and by the Company (or Subsidiary) shall mean that the Company (or Subsidiary) has ended such employment by reason of (i) the Grantee’s conviction in a court of law of a felony, or any crime or offense involving misuse or
misappropriation of money or property, (ii) the Grantee’s violation of any covenant, agreement or obligation not to disclose confidential information regarding the business of the Company (or Subsidiary), (iii) any violation by the
Grantee of any covenant not to compete with the Company (or Subsidiary), (iv) any act of dishonesty by the Grantee which adversely effects the business of the Company (or Subsidiary), (v) any willful or intentional act of the Grantee which
adversely affects the business of, or reflects unfavorably on the reputation of the Company (or Subsidiary), (vi) the Grantee’s use of alcohol or drugs which interferes with the Grantee’s Restricted of duties as an employee of the
Company (or Subsidiary), or (vii) the Grantee’s failure or refusal to perform the specific directives of the Company’s Board of Directors, or its officers which directives are consistent with the scope and nature of the Grantee’s
duties and responsibilities with the existence and occurrence of all of such causes to be determined by the Company, in its sole discretion; provided, that nothing contained in the foregoing provisions of this paragraph shall be deemed to interfere
in any way with the right of the Company (or Subsidiary), which is hereby acknowledged, to terminate the Grantee’s employment at any time without cause; and “voluntary termination” shall mean that the Grantee had an opportunity to
continue employment with the Company (or Subsidiary), but did not do so. 
 (g) For purposes of the Award and this Agreement,
“Retirement” shall mean a voluntary termination of employment of the Grantee with the Company (or Subsidiary) by the Grantee if at the time of such termination of employment the Grantee has both completed five (5) years of service
with the Company (or Subsidiary) and attained age fifty (50); and “Total Disability” shall mean that the Grantee is permanently and totally disabled and unable to engage in any substantial gainful activity by reason of a medically
determinable physical or mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than twelve (12) months, and has established such disability to the extent
and in the manner and form as may be required under the provisions of Code Section 22(e)(3) and regulations thereunder. 

  
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 7. Deferral of Payment, Distribution and Transfer of Stock. 

(a) The payment, distribution and transfer of Restricted Units, Common Stock and cash of the Grantee becomes
entitled to receive upon the Grantee’s separation from service with the Company upon the Grantee’s Retirement prior to the end of the Restricted Period under paragraph 6(d), above, shall be paid, distributed and transferred to the Grantee
in a single payment, distribution and transfer at the Specified Time of the Grantee’s separation from service with the Company by such Retirement, as soon as practicable thereafter as determined by the Committee, but in no event later than the
15th day of the third calendar month after date of such
Retirement, and the Grantee shall not be permitted, directly or indirectly, to designate the time of payment, distribution and transfer or the taxable year in which it is to be made. The Specified Time of payment, distribution and transfer of any
other compensation that is deferred under this Agreement or the Award shall be the last day of the Restricted Period, or as soon as practicable thereafter as determined by the Committee, but in no event later than the 15th day of the third calendar month after the date of end of the
Restricted Period, and the Grantee shall not be permitted, directly or indirectly, to designate the time of payment, distribution or transfer or the taxable year in which it is to be made. 

(b) The Specified Time of payment and form of payment specified in paragraph 6(a), above shall be considered as the irrevocable deferral
election of the Company and the Grantee of the time and form of payment for purposes of the application to this Agreement and the Award of the provisions of Code Section 409A and the provisions of this Agreement related thereto. No other
election to defer compensation, or subsequent election or acceleration of the time and form of payment of compensation is intended or shall be allowed. 
 (c) The provisions of this Agreement providing for the deferral of payment, distribution, transfer or issuance of Restricted Units, Common Stock or cash shall be applicable solely and exclusively to the
Grantee and the Award Agreement and Award referred to herein, and shall not apply to any other stock incentive or other grant, award or transfer provided for or made under the Plan. 

(d) Notwithstanding anything otherwise provided under the Plan or in this Agreement the following requirements shall apply to this Award
Agreement and the Award, to all elections or subsequent elections made by the Grantee, and to all distributions and payments made to the Grantee pursuant to this Award Agreement and Award. 

(1) Any compensation for services performed by the Grantee during a taxable year may be deferred only if the election to defer such
compensation by the Grantee or the Company is made not later than the close of the preceding taxable year or such other time as provided in Treasury Regulations under Code Section 409A, but in all events any deferral of the payment,
distribution, transfer or issuance of Restricted Units, Common Stock or cash pursuant to the Award and Award Agreement may be made only by an election that is made on or before the Election Date. 

(2) Any compensation deferred shall not be distributed earlier than: 

 

	 	(i)	Separation from Service of the Grantee, 

  
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	 	(ii)	the date the Grantee becomes Disabled, 

  

	 	(iii)	death of the Grantee, 

  

	 	(iv)	Specified Time (or pursuant to a Fixed Schedule) specified under the plan under which the compensation is deferred at the date of deferral of such compensation,

  

	 	(v)	a Change in Ownership or Control, or 

  

	 	(vi)	the occurrence of an Unforeseeable Emergency. 

 (3) To the extent that a distribution is subject to Code Section 409A and Grantee becomes entitled to such distribution on account of a Separation from Service and is a Specified Employee on the date
of the Separation from Service, no payment or distribution shall be made before the date which is six (6) months after the date of the Grantee’s Separation from Service, or, if earlier, the date of death of the Grantee. 

(4) No acceleration of the time or schedule of any distribution or payment under the plan under which compensation is deferred shall be
permitted or allowed, except to the extent provided in Treasury Regulations issued under Code section 409A. 
 (5) This
Agreement shall not permit a subsequent election, unless authorized and agreed to in writing by the Company and Grantee; and if under the Plan or this Agreement compensation is deferred or the Committee acting pursuant to the Plan, permits under any
subsequent election by a Participant a delay in a payment or a change in the form of payment of compensation deferred under this Award Agreement and Award, such subsequent election shall not take effect until at least twelve (12) months after
the date on which it is made. In the case of a subsequent election related to a payment to be made upon Separation from Service of the Grantee, at a Specified Time or pursuant to a Fixed Schedule, or upon a Change in Ownership or Control, the first
payment with respect to which such subsequent election is made shall be deferred for a period of not less than five (5) years from the date such payment would otherwise have been made; and any such subsequent election related to a payment at a
Specified Time or pursuant to a Fixed Schedule may not be made less than twelve (12) months prior to the date of the first scheduled payment to which it relates. 
 (6) For purposes of the Plan, this Agreement and the Award, and the entitlement to and time of payment of any compensation deferred under this Agreement or the Award, the following terms and definitions
shall apply: 
 (i) “Change of Ownership or Control” means to the extent provided by Treasury Regulations issued
under Code Section 409A, a change in the ownership or effective control of the Company, or in the ownership of a substantial portion of the assets of the Company, which shall be if (i) a person acquires more than 50% of the Company’s
stock; (ii) a person acquires during a 12-month period at least 30% (or a higher percentage specified under the Plan) of the Company’s stock; (iii) a majority of the members of the Board of Directors are replaced during a 12-month
period; or (iv) a person acquires during a 12-month period at least 40% of the gross fair market value of the Company’s assets. 
 (ii) “Disabled” means that an individual (i) is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental

  
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impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, or (ii) is, by reason of any medically determinable
physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, receiving income replacement benefits for a period of not less than 3 months under an accident and
health plan covering employees of the individual’s employer 
 (iii) “Fixed Schedule” means the distribution or
payment of compensation deferred under this Agreement and Award in a fixed schedule of distributions or payments that are determined and fixed at the time the deferral of such compensation is first elected by the Grantee or the Company. 

(iv) “Specified Employee” means a key employee (as defined in Code section 416(i) without regard to paragraph
(5) thereof) of the Company. 
 (v) “Specified Time” means a specified date at which deferred compensation
deferred by or for the Grantee pursuant to this Agreement is required to be distributed or paid and which is specified at the time of the election of deferral of such deferred compensation. 

(vi) “Unforeseeable Emergency” means a severe financial hardship to the participant resulting from an illness or accident of
the participant, the participant’s spouse, or a dependent (as defined in Code section 152(a)) of the participant, loss of the participant’s property due to casualty, or other similar extraordinary and unforeseeable circumstances arising as
a result of events beyond the control of the participant. As determined under Treasury Regulations under Code section 409A, the amounts distributed with respect to an emergency shall not exceed the amounts necessary to satisfy such emergency plus
amounts necessary to pay taxes reasonably anticipated as a result of the distribution, after taking into account the extent to which such hardship is or may be relieved through reimbursement or compensation by insurance or otherwise or by
liquidation of the participant’s assets (to the extent the liquidation of such assets would not itself cause severe financial hardship). 
 8. Administration of Restricted Unit Award. The Award and any deferral of the payment, distribution or transfer of Common Stock shall be subject to such other rules and requirements as the
Committee, in its sole discretion, may determine to be appropriate with respect to administration thereof and the restrictions made applicable to the Grantee and the Restricted Units during the Restricted Period. This Agreement and the rights and
obligations of the parties involved, shall be subject to interpretation and construction by the Committee to the same extent and with the same effect as the Committee actions under pertinent provisions of the Plan. The Grantee shall take all actions
and execute and deliver all documents as may from time to time be requested by the Committee in connection with such restrictions and in furtherance hereof. The Grantee agrees to pay to the Company any applicable federal, state, or local income,
employment, social security, Medicare, or other withholding tax obligation arising in connection with the Award to the Grantee, which the Company shall determine; and the Company shall have the right, without the Grantee’s prior approval or
direction, to satisfy such withholding tax by withholding all or any part of the Common Stock that would otherwise be transferred and delivered to the Grantee, with any shares of Common Stock so withheld to be valued at the Fair

  
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Market Value on the date of such withholding. The Grantee, with the consent of the Company, may satisfy such withholding tax by delivery and transfer to the Company of shares of Common Stock
previously owned by the Grantee, with any shares so delivered and transferred to be valued at the Fair Market Value on the date of such delivery. 
 9. Adjustment Provisions. It is understood that, prior to the expiration of the Restricted Period, certain changes in capitalization of the Company may occur. It is, therefore, understood and
agreed with respect to changes in capitalization that: 
 (a) If a stock dividend is declared on the Common Stock of the
Company, which has not been granted as a dividend equivalent, there shall be added to the number of Restricted Units described in paragraph 1 of this Agreement, the number of Restricted Units which the Grantee would have been entitled to if the
Grantee had been fully vested and the unrestricted owner of the number of Restricted Units then held under the Award granted, but not theretofore received without restriction; provided, however, that the additional Restricted Units shall be subject
to all terms and provisions of this Agreement and in making such adjustments, no fractional Restricted Units shall be awarded, and the Grantee shall be entitled to receive only the number of full Restricted Units to which the Grantee may be entitled
by reason of such adjustment at the adjusted grant price per share. 
 (b) In the event of an increase in the outstanding shares
of Common Stock of the Company, effectuated for the purpose of acquiring properties or securities of another corporation or business enterprise, there shall be no increase in the number of shares of Restricted Units which are the subject matter of
the Award evidenced by this Agreement as a result of such acquisition. 
 (c) In the event of an increase or decrease in the
number of outstanding shares of Common Stock of the Company through recapitalization, reclassification, stock split-ups, consolidation of shares, changes in par value and the like, an appropriate adjustment shall be made in the number of Restricted
Units described in paragraph 1 of this Agreement, by increasing or decreasing the number of Restricted Units, as may be required to enable the Grantee to acquire the same proportionate stockholdings as the grant of the Award would originally have
provided. Provided, however, that any additional Restricted Units shall be subject to all terms and provisions of this Agreement and that in making such adjustments, no fractional Restricted Units shall be awarded, and the Grantee shall be entitled
to receive only the number of full Restricted Units to which the Grantee may be entitled by reason of such adjustment. 
 (d)
Except with respect to the time of payment of any compensation deferred under this Agreement, to the extent Restricted Units are still restricted and not vested in Grantee at the time of a Change in Control with respect to the Company, then pursuant
to the provisions of the Plan, they shall become fully vested and completely unrestricted and free and clear of any restrictions stated herein at that time; provided, that if such Change in Control occurs less than six (6) months after the
Grant Date of Restricted Units to the Grantee, then Restricted Units shall become fully vested and completely unrestricted and free and clear of any restrictions stated herein at the time of such Change in Control only if the Grantee agrees in
writing, if requested by the Company in writing, to remain in the employ of the Company or Subsidiary of the Company 

  
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at least through the date which is six (6) months after the Grant Date with substantially the same title, duties, authority, reporting relationships, and compensation as on the day
immediately preceding the Change in Control. The provisions of this subparagraph (d) shall be applied in addition to, and shall not reduce, modify, or change any other obligation or right of the Grantee otherwise provided for in paragraph 3,
above, concerning the Grantee’s continued employment with the Company or the termination thereof. If the Restricted Units become subject to this subparagraph (d), they shall become fully vested in the Grantee and nonforfeitable. Such Restricted
Units are subject to the provisions of the Plan authorizing the Company, or a committee of its Board of Directors, to provide in advance or at the time of a Change in Control for cash to be paid in settlement of the Restricted Units, all subject to
such terms and conditions as the Company or the Committee, in its sole discretion, may determine and impose. For purposes of this subparagraph (d), the term “Change in Control” shall have the same meaning as provided in the definition of
that term stated in the Plan, including any amendments thereof. 
 10. Required Grantee Repayment/Reduction Provision.
Notwithstanding anything in the Plan, the Award or this Agreement to the contrary, all or a portion of the Award made to the Grantee under this Agreement is subject to being called for repayment to the Company or reduced in any situation where the
Board of Directors or a Committee thereof determines that fraud, negligence, or intentional misconduct by the Grantee was a contributing factor to the Company having to restate all or a portion of its financial statement(s). The Committee may
determine whether the Company shall effect any such repayment or reduction: (i) by seeking repayment from the Grantee, (ii) by reducing (subject to applicable law and the terms and conditions of the Plan or any other applicable plan,
program, or arrangement) the amount that would otherwise be awarded or payable to the Grantee under the Award, the Plan or any other compensatory plan, program, or arrangement maintained by the Company, (iii) by withholding payment of future
increases in compensation (including the payment of any discretionary bonus amount) or grants of compensatory awards that would otherwise have been made in accordance with the Company’s otherwise applicable compensation practices, or
(iv) by any combination of the foregoing. The determination regarding the Grantee’s conduct, and repayment or reduction under this provision shall be within the sole discretion of the Committee and shall be final and binding on the Grantee
and the Company. The Grantee, in consideration of the grant of the Award, and by the Grantee’s execution of this Agreement, acknowledges the Grantee’s understanding of the agreement to this provision, and hereby agrees to make and allow an
immediate and complete repayment or reduction in accordance with this provision in the event of a call for repayment or other action by the Company or Committee to effect its terms with respect to the Grantee, the Award and/or any other compensation
described herein. 
 11. Stock Reserved. The Company shall at all times during the term of the Award reserve and keep
available such number of shares of its Common Stock as will be sufficient to satisfy the Award issued and granted to Grantee and the terms stated in this Agreement. 
 12. Rights of Shareholder. Except as otherwise provided in this Agreement, the Grantee shall have no rights as a shareholder of the Company in respect of the Restricted Units or Common Stock for
which the Award is granted; and the Grantee shall not be considered or treated as a record owner of shares of Common Stock with respect to the Restricted Units until the Common Stock is issued to Grantee and no longer subject to any of the
restrictions pursuant to this Agreement, and Common Stock is actually issued and transferred to Grantee. 

  
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 13. Entire Agreement. This Agreement contains the entire terms of the Award, and may
not be changed orally or other than by a written agreement issued and approved by the Company pursuant to the Plan. This Agreement supersedes any agreements or understandings that may have previously existed, and there are no other agreements or
understandings, relating to its subject matter. 
 14. Successors and Assigns. The Award evidenced by this Agreement
shall inure to the benefit of and be binding upon the heirs, legatees, legal representatives, successors, and assigns of the parties hereto. 
 The Grantee hereby acknowledges receipt of this Agreement, the Notice of Restricted Unit Award Agreement and a copy of the Plan, and accepts the Award under the terms and conditions stated in this
Agreement, subject to all terms and provisions of the Plan, by signing this Agreement in duplicate originals, as of the date first stated above. 
  

					
	  
	 		 	  

	Date	 		 	«Officer_Name»
		 		 	Grantee

  
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 Exhibit 10.15 
 PERFORMANCE UNIT AWARD AGREEMENT 
 This Performance Unit Award Agreement is
entered into as of the [    ] day of [            , 20    ], by and between ONE Gas, Inc., an Oklahoma Corporation, (the “Company”), and
«Officer_Name» (the “Grantee”), an employee of the Company or Subsidiary thereof, pursuant to the terms of the ONE Gas, Inc. Equity Compensation Plan (the “Plan”). 

1. Performance Unit Award. This Performance Unit Award Agreement and that certain Notice of Performance Unit Award and Agreement,
dated [            , 20    ], a copy of which is attached hereto and incorporated herein by reference (collectively, the “Agreement”), constitute evidence of
the grant of a Performance Unit Award (the “Award”) of «No of_Perf_Units» Performance Units (“Performance Units”) to the Grantee by the Company that shall entitle the Grantee to receive shares of the
Company’s common stock (the “Common Stock”) or cash, all pursuant to the terms and conditions of this Agreement and the Plan. This Agreement, when executed by the Grantee, constitutes an agreement between the Company and the Grantee.
The Performance Unit Award and Performance Units granted pursuant to this Agreement include the right of Grantee to receive dividend equivalents (“Dividend Equivalents”) upon the declaration and payment of dividends by the Company to
holders of all common stock to the extent and as provided for in paragraph 5 of this Agreement. 
 2. Plan.
Notwithstanding any provisions herein to the contrary, should there be any inconsistency between the provisions of this Agreement and the terms and provisions of the Award stated in the resolutions and records of the Board of Directors providing for
the Award or provisions of the Plan, the provisions of such resolutions and records and of the Plan shall control. Except where expressly stated or clearly indicated otherwise by the terms of this Agreement, all terms, words and phrases used herein
shall have the same meaning and effect as stated and as defined in the Plan. 
 3. Grantee’s Agreement Concerning Award
and Employment. In consideration of the Company’s granting of the Award and entitlement to shares of Common Stock, as incentive compensation to Grantee pursuant to this Agreement, the Grantee, by acceptance thereof, and signing this
Agreement evidencing its terms, agrees to such terms and to continue to contribute and perform service in the employ of the Company or Subsidiary thereof, at the direction, will and pleasure of the Company. Provided, however, neither the foregoing
agreement of the Grantee in this paragraph 3, nor any other provision in this Agreement shall confer on the Grantee any right to continue in the employ of the Company (or Subsidiary thereof), or interfere in any way with the right of the Company (or
Subsidiary) to terminate the Grantee’s employment at any time. 
 4. Registration of Stock; Grantee’s
Representation With Respect To Acquiring for Investment. It is intended by the Company that the Plan and the shares of Common Stock covered by the Award issued and granted to the Grantee referred to in paragraph 1, above, are to be registered
under the Securities Act of 1933, as amended, prior to the grant date; provided, that in the event such registration is for any reason not made effective for such shares, the Grantee agrees, for the Grantee, and for the Grantee’s permissible
assignees, heirs and legal 

 
representatives by inheritance or bequest, that all shares acquired pursuant to the grant will be acquired for investment and not with a view to, or for sale or tender in connection with the
distribution of any part thereof, including any transfer or distribution of such shares by the Grantee pursuant to the grant and this Agreement or as otherwise allowed by the Plan. 

5. Terms and Conditions of Award; Transfer of Stock to Grantee. The issue and grant of the Award to the Grantee stated in
paragraph 1, above, shall be subject to the following terms and conditions: 
 (a) The right to ownership and transfer of the
Performance Units granted to the Grantee shall be subject to the Agreement during the period beginning [            , 20    ], (the “Grant Date”), and ending
on [            , 20    ], (which period is the “Performance Period”), as herein provided. 

(b) The Grantee shall earn and become entitled to receive a percentage of the number of Performance Units granted under paragraph 1,
above, and Additional Performance Units Credited under (f), below, at the expiration of the Performance Period as provided for in Exhibit A and Exhibit B, attached hereto, based upon the Company’s ranking for Total Stockholder Return in the ONE
Gas Peer Group listed in Exhibit C attached hereto, all as determined by the Committee, in its sole discretion (the “Performance Goal”). 
 (c) Upon expiration of the Performance Period, the Grantee shall be entitled to receive one (1) share of Common Stock for each Performance Unit that becomes earned by and vested in the Grantee
pursuant to the Award; provided, no fractional shares shall be issued and any amount attributable to a fractional share shall be paid to the Grantee in cash. 

(d) All Common Stock the Grantee becomes entitled to receive pursuant to the Award and any other compensation
payable to the Grantee under the Award shall be paid, distributed, transferred and issued by the Company to the Grantee at the expiration of the Performance Period, or as soon as practicable after the determination that the Grantee has earned and
become entitled to Performance Units and to receive such Common Stock and cash, as determined by the Committee, and in no event later than the 15th day of the third month after the end of the Performance Period, and the Grantee shall not be permitted, directly or
indirectly, to designate the time of payment, distribution or transfer or the taxable year in which it is to be made. Provided, that if the Grantee elects pursuant to paragraph 6, below, to defer the receipt of all Performance Units, Common Stock
and cash for each Performance Unit that becomes earned by and vested in the Grantee pursuant to the Award, the payment, distribution and transfer of such Performance Units, Common Stock and cash shall be deferred and thereafter paid, distributed and
transferred by the Company to the Grantee at the specified time and in accordance with the method of payment, distribution and transfer that is elected by the Grantee in accordance with the election provisions set forth therein. 

(e) The Grantee shall not be entitled to vote any shares of Common Stock of the Company and, except as provided in paragraph 5(f), the
Grantee shall not have any right or interest as a holder of common stock by reason of the Performance Unit Award granted under this Agreement during the Performance Period, and prior to the actual transfer of common stock to the Grantee pursuant to
the Agreement. 

 (f) During the Performance Period Grantee shall earn and Dividend Equivalents shall be
credited to Grantee with respect to Performance Units in the form of additional Performance Units (“Additional Performance Units”) to Grantee with respect to the Performance Units as follows: 

(i) On each date on which (a) the Performance Units and Additional Performance Units credited to Grantee hereunder have not become
vested or have not been forfeited pursuant to the terms of this Agreement, and (b) the Company declares and pays a cash dividend to holders of Common Stock (each, a “Dividend Payment Date”), a number of Additional Performance Units
will be credited to the Grantee in an amount (including fractional Additional Performance Units) determined by dividing (x) the aggregate cash dividends that would have been paid on the number of shares of Common Stock (including fractional
shares of Common Stock) into which the Performance Units and Additional Performance Units theretofore granted and credited to Grantee under this Agreement on the Dividend Payment Date would be converted if vested on such date, by (y) the Fair
Market Value of a share of Common Stock on such Dividend Payment Date. 
 (ii) The Additional Performance Units credited to
Grantee pursuant to paragraph 5(f)(i) shall be added to and included in a cumulative aggregate amount of Additional Performance Units credited to the Grantee hereunder, which shall be recorded and accounted for as a separate identifiable amount to
the credit of the Grantee (“Additional Performance Units Amount”). 
 (iii) Except as provided below with respect to
the treatment of a fractional Additional Performance Unit or fractional share of Common Stock attributable to Grantee upon vesting hereunder, all the Additional Performance Units and the Additional Performance Units Amount so credited to Grantee
shall be subject to the same terms and conditions as the Performance Units granted pursuant to paragraph 1 above, and such Additional Performance Units and Additional Performance Units Amount shall be forfeited in the event that the Performance
Units granted pursuant to paragraph 1, above, are forfeited. 
 (iv) Unless otherwise expressly stated herein, any reference to
Performance Units in this Agreement shall be deemed to similarly and in like manner refer and apply to Additional Performance Units credited to Grantee. 
 (v) The Grantee shall earn and become vested and entitled to the Additional Performance Units granted by this Award under this paragraph 5(f) at the end of the Performance Period. Upon expiration of the
Performance Period, Grantee shall be entitled to receive, and the Company shall issue to Grantee one (1) share of Common Stock for each Additional Performance Unit that becomes earned by and vested in Grantee pursuant to the Award; provided,
that the shares of Common Stock to be issued to and received by Grantee for Additional Performance Units, shall be only issued in whole shares of Common Stock, and any fractional share of Common Stock attributable to the Additional Performance Units
credited to Grantee shall be paid to Grantee in an amount of cash equal to the Fair Market Value of a fractional share of Common Stock.  

 (g) The Common Stock or cash to which the Grantee becomes entitled shall be paid and
transferred to the Grantee only upon the determination of the Performance Units earned by the Grantee at the end of the Performance Period. The payment and transfer of such Common Stock or cash to the Grantee shall be made as soon as reasonably
practicable after the end of the Performance Period, as determined and directed by the Committee, in its sole discretion. 
 (h)
The Performance Units or any Common Stock or cash to be paid or transferred to Grantee pursuant to the Award may not be sold, assigned, transferred, pledged, encumbered or otherwise disposed of by Grantee or any other person except as provided in
the Agreement and the Plan until the end of the Performance Period and payment and transfer of Common Stock or cash pursuant to the Agreement and Plan. 
 (i) The Grantee shall become entitled to receive Performance Units earned, and shall become owner of the shares of Common Stock or cash paid and transferred to the Grantee pursuant to the Award free and
clear of all terms, conditions and restrictions imposed by the Award if the Grantee’s employment by the Company does not terminate during the Performance Period; provided, that the Grantee shall become entitled to a prorated amount of
Performance Units and the terms and conditions imposed by the Award shall partially cease to apply in certain events to the extent described in paragraph 7(d), below. 
 (j) If the Grantee’s employment with the Company (or Subsidiary thereof) terminates prior to the end of the Performance Period other than by reason of Retirement, Total Disability or death, the
Grantee shall forfeit all of the Grantee’s right, title or interest in the Performance Units. Any such termination of employment of the Grantee described in the preceding sentence shall not be deemed to occur by reason of transfer of employment
of the Grantee by or between the Company and any Subsidiary. Upon a forfeiture the Performance Units forfeited shall be cancelled for all purposes. 
 6. Deferral of Payment, Distribution and Transfer of Stock. 
 (a) The
Grantee may irrevocably elect to defer the time of payment, distribution and transfer of Performance Units, Common Stock and cash that the Grantee becomes entitled to receive under this Agreement from the end of the Performance Period generally
provided for in paragraph 5, above, to a specified time, by filing with the Committee, on or before the deferral election date (the “Election Date”) described in paragraph 6(b), below, a signed written irrevocable election (the
“Election”) which shall be in the form substantially the same as attached hereto as Exhibit D, or as otherwise prescribed by the Committee. 
 (b) An Election to defer the payment, distribution and transfer of Performance Units, Common Stock and cash that the Grantee becomes entitled to receive under this Agreement and Award shall be filed by
the Grantee with the Committee on or before the Election Date, which shall be [            , 20    ], the date that is six (6) months before the end of the
Performance Period, provided that the Grantee performs services for the Company continuously from the later of the beginning of the Performance Period or the date the performance criteria are established through the date the Election is made under
this paragraph 6(b), and provided, further, that in no event may the Grantee elect to defer the payment, 

 
distribution and transfer of Performance Units, Common Stock or cash after such compensation has become readily ascertainable; and in this regard for purposes of this paragraph 6(b), if the
amount of Performance Units, Common Stock and cash, or other compensation, as performance-based compensation, is a specified or calculable amount, then it shall be considered compensation that is readily ascertainable if and when the amount is first
substantially certain to be paid, distributed and transferred to the Grantee. If the amount of Performance Units, Common Stock and cash, or other compensation, is performance-based compensation that is not a specified or calculable amount because,
for example, the amount may vary based upon the level of performance, such compensation, or any portion of the compensation, shall be considered readily ascertainable when the amount is first both calculable and substantially certain to be paid. For
this purpose, such performance-based compensation is to be bifurcated between the portion that is readily ascertainable and the amount that is not readily ascertainable, and, in general, any minimum amount that is both calculable and substantially
certain to be paid shall be treated as readily ascertainable. 
 (c) A Grantee that makes an Election to defer payment,
distribution and transfer of Performance Units, Common Stock and cash that the Grantee becomes entitled to receive under this Agreement and Award may irrevocably elect to have payment, distribution and transfer made to the Grantee at a Specified
Time, that shall be either (i) the later of (A) the date of the Grantee’s separation from service with the Company, or (B) a specified calendar date, or (ii) the date of the Grantee’s separation from service with the
Company; and may elect to have payment made in a specified form of payment that shall be either (i) a single lump sum payment, distribution and transfer, or (ii) a payment, distribution and transfer in two, three, four or five equal annual
installments commencing at the Specified Time elected by the Grantee hereunder and thereafter on each anniversary thereof, until fully paid, transferred and distributed. 
 (d) The provisions of this Agreement providing for the deferral of payment, distribution, transfer or issuance of Performance Units, Common Stock or cash shall be applicable solely and exclusively to the
Grantee and the Award referred to herein, and shall not apply to any other stock incentive or other grant, award or transfer provided for or made under the Plan. 
 (e) Notwithstanding anything otherwise provided under the Plan or in the Agreement, the following requirements shall apply to this Agreement and the Award, to all elections or subsequent elections made by
the Grantee, and to all distributions and payments made to the Grantee pursuant to this Agreement: 
 (1) Any compensation for
services performed by the Grantee during a taxable year may be deferred at the Grantee’s election or the Company’s election or determination only if the election to defer such compensation is made not later than the close of the preceding
taxable year or such other time as provided in Treasury Regulations under Code section 409A, but in all events any deferral of the payment, distribution, transfer or issuance of Performance Units, Common Stock or cash pursuant to the Agreement may
be made only by an election that is made on or before the Election Date. 

 (2) Any compensation deferred under the Plan shall not be distributed earlier than

 (i) Separation from Service of the Grantee, 
 (ii) the date the Grantee becomes Disabled, 
 (iii) death of the Grantee,

 (iv) a Specified Time (or pursuant to a Fixed Schedule) specified under the plan under which the compensation is deferred at
the date of deferral of such compensation, 
 (v) a Change in Ownership or Control, or 

(vi) the occurrence of an Unforeseeable Emergency. 
 (3) To the extent that a distribution is subject to Code Section 409A and Grantee becomes entitled to such distribution on account of a Separation from Service and is a Specified Employee on the date
of the Separation from Service, no payment or distribution shall be made before the date which is six (6) months after the date of the Grantee’s Separation from Service, or, if earlier, the date of death of the Grantee. 

(4) No acceleration of the time or schedule of any distribution or payment under the plan under which compensation is deferred shall be
permitted or allowed, except to the extent provided in Treasury Regulations issued under Code section 409A. 
 (5) This
Agreement shall not permit a subsequent election unless authorized and agreed upon in writing by the Company and Grantee, and if the Plan or this Agreement permits under any subsequent election by the Grantee a delay in a payment or a change in the
form of payment of compensation deferred under this Agreement, such subsequent election shall not take effect until at least twelve (12) months after the date on which it is made. In the case of a subsequent election related to a payment to be
made upon Separation from Service of the Grantee, at a Specified Time or pursuant to a Fixed Schedule, or upon a Change in Ownership or Control, the first payment with respect to which such subsequent election is made shall be deferred for a period
of not less than five (5) years from the date such payment would otherwise have been made; and any such subsequent election related to a payment at a Specified Time or pursuant to a Fixed Schedule may not be made less than twelve
(12) months prior to the date of the first scheduled payment to which it relates. 
 (6) For purposes of the Plan and this
Agreement and the Award, the following terms and definitions shall apply with respect to deferral of compensation and the time of payment of any deferred compensation: 
 (i) “Change of Ownership or Control” means to the extent provided by Treasury Regulations issued under Code Section 409A, a change in the ownership or effective control of the Company, or
in the ownership of a substantial portion of the assets of the Company, which shall be if (i) a person acquires more than 50% of the Company’s stock; 

 
(ii) a person acquires during a 12-month period at least 30% of the Company’s stock; (iii) a majority of the members of the Board of Directors are replaced during a 12-month period; or
(iv) a person acquires during a 12-month period at least 40% of the gross fair market value of the Company’s assets. 

(ii) “Disabled” means that an individual (i) is unable to engage in any substantial gainful activity by reason of any
medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, or (ii) is, by reason of any medically determinable physical or mental
impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, receiving income replacement benefits for a period of not less than 3 months under an accident and health plan
covering employees of the individual’s employer. 
 (iii) “Fixed Schedule” means the distribution or payment of
compensation deferred under this Agreement and Award in a fixed schedule of distributions or payments that are determined and fixed at the time the deferral of such compensation is first elected by the Grantee or the Company. 

(iv) “Specified Employee” means a key employee (as defined in Code section 416(i) without regard to paragraph
(5) thereof) of the Company. 
 (v) “Specified Time” means a specified date at which deferred compensation
deferred by or for the Grantee pursuant to this Agreement and Award is required to be distributed or paid and which is specified at the time of the election of deferral of such deferred compensation. 

(vi) “Unforeseeable Emergency” means a severe financial hardship to the participant resulting from an illness or accident of
the participant, the participant’s spouse, or a dependent (as defined in Code section 152(a)) of the participant, loss of the participant’s property due to casualty, or other similar extraordinary and unforeseeable circumstances arising as
a result of events beyond the control of the participant. As determined under Treasury Regulations under Code section 409A, the amounts distributed with respect to an emergency shall not exceed the amounts necessary to satisfy such emergency plus
amounts necessary to pay taxes reasonably anticipated as a result of the distribution, after taking into account the extent to which such hardship is or may be relieved through reimbursement or compensation by insurance or otherwise or by
liquidation of the participant’s assets (to the extent the liquidation of such assets would not itself cause severe financial hardship). 
 7. Transferability of Performance Units; Termination of Employment. 
 (a)
Except as provided in subparagraph (b) of this paragraph 7, below, the Award, the Grantee’s rights and obligations hereunder and the Performance Units granted hereunder shall not be transferable by the Grantee otherwise than by will or the
laws of descent and distribution which apply to the Grantee’s estate. 

 (b) Notwithstanding the foregoing, the Grantee may transfer any part or all of the
Grantee’s rights in and to the Performance Units to members of the Grantee’s immediate family, or to one or more trusts for the benefit of such immediate family members, or partnerships in which such immediate family members are the only
partners if the Grantee does not receive any consideration for the transfer. In the event of any such transfer, Performance Units shall continue to be subject to the same terms and conditions otherwise applicable hereunder and under the Plan
immediately prior to its transfer, except that this stock shall not be further transferable by the transferee inter vivos, except for transfer back to the original Grantee. For any such transfer to be effective, the Grantee must
provide prior written notice thereof to the Committee, unless otherwise authorized and approved by the Committee, in its sole discretion; and the Grantee shall furnish to the Committee such information as it may request with respect to the
transferee and the terms and conditions of any such transfer. For purposes of transfer of this grant under this subparagraph (b), “immediate family” shall mean the Grantee’s spouse, children and grandchildren. 

(c) Notwithstanding any provision in this Agreement to the contrary, all rights and interest of the Grantee in the Performance Units
shall become invalid and wholly terminated and forfeited upon the termination of the Grantee’s employment with the Company (or Subsidiary), during the Performance Period other than a termination by reason of Retirement, Total Disability or
death of the Grantee. 
 (d) Notwithstanding the foregoing provisions, in the event of termination of the Grantee’s
employment with the Company (or Subsidiary) during the Performance Period by reason of (i) the Retirement of the Grantee, (ii) the Total Disability of the Grantee, or (iii) the Grantee’s death while still employed by the Company
(or Subsidiary), then an adjusted and prorated entitlement to Performance Units shall be allowed as provided in this paragraph 7(d). The Grantee shall become vested in and entitled to receive, in the event of any such Retirement or Total Disability,
and the legatees, designated Beneficiary, or personal representatives or heirs of the Grantee shall be vested in and entitled to receive, in the event of the Grantee’s death, a prorated award of Performance Units earned in the
Performance Period following such Retirement, Total Disability or death. The award shall be a prorated amount of Performance Units equal to the total of Performance Units earned at the end of the Performance Period for the Grantee, multiplied by a
fraction of which the numerator shall be the number of full months which have elapsed under the Performance Period at the time of such termination of employment by reason of Retirement, Total Disability or death, and the denominator of which shall
be the total number of months in the Performance Period. The Grantee, legatees, designated Beneficiary, or personal representatives or heirs of the Grantee, as the case may be, shall become entitled to receive such prorated award at the end of the
Performance Period subject to and dependent solely upon, the attainment of the Performance Goal as provided herein. 
 (e) The
Grantee may designate a Beneficiary to receive any rights of the Grantee which may become vested in the event of the death of the Grantee under procedures and in the form established by the Committee; and in the absence of such designation of a
Beneficiary, any such rights shall be deemed to be transferred to the estate of the Grantee. 

 (f) For purposes of the Award and this Agreement, “Retirement” shall mean a
voluntary termination of employment of the Grantee with the Company and/ or Subsidiary thereof by the Grantee if at the time of such termination of employment the Grantee has both completed five (5) years of service with the Company and/ or
Subsidiary thereof and attained age fifty (50), and “voluntary termination” shall mean that the Grantee had an opportunity to continue employment with the Company and/ or Subsidiary thereof, but did not do so; and except as provide for in
paragraph 6 with respect to deferred compensation payments, “Total Disability” shall mean that the Grantee is permanently and totally disabled and unable to engage in any substantial gainful activity by reason of a medically determinable
physical or mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than twelve (12) months, and has established such disability to the extent and in the
manner and form as may be required under the provisions of Code Section 22(e) and regulations thereunder. 
 8.
Administration of Performance Unit Award. The Award and any deferral of the payment, distribution or transfer of Common Stock shall be subject to such other rules and requirements as the Committee, in its sole discretion, may determine to be
appropriate with respect to administration thereof and the terms and conditions made applicable to the Grantee and the Performance Units during the Performance Period. The Award, this Agreement, and the rights and obligations of the parties thereto
shall be subject to interpretation and construction by the Committee to the same extent and with the same effect as the Committee actions under pertinent provisions of the Plan. The Grantee shall take all actions and execute and deliver all
documents as may from time to time be requested by the Committee in connection with such restrictions and in furtherance hereof. The Grantee agrees to pay to the Company any applicable federal, state, or local income, employment, social security,
Medicare, or other withholding tax obligation arising in connection with the Award to the Grantee, which the Company shall determine; and the Company shall have the right, without the Grantee’s prior approval or direction, to satisfy such
withholding tax by withholding all or any part of the shares of Common Stock or cash that would otherwise be paid and transferred to the Grantee, with any shares of Common Stock so withheld to be valued at the Fair Market Value on the date of such
withholding. The Grantee, with the consent of the Company, may satisfy such withholding tax by delivery and transfer to the Company of shares of Common Stock previously owned by the Grantee, with any shares so delivered and transferred to be valued
at the Fair Market Value on the date of such delivery. 
 9. Adjustment Provisions. It is understood that, prior to the
expiration of the Performance Period certain changes in capitalization of the Company may occur. It is, therefore, understood and agreed with respect to changes in capitalization that: 

(a) If a stock dividend is declared on the Common Stock of the Company, which has not been granted as a dividend equivalent, there shall
be added to the number of Performance Units provided for under the Award and stated in paragraph 1 of this Agreement, the number of Performance Units equal to the number of Performance Units which would have been granted to the Grantee had the
Grantee been the fully vested and unrestricted owner of the number of Performance Units then provided for under the Award granted, but not theretofore received without restriction; provided, however, that the additional Performance Units shall be
subject to all terms and provisions of this Agreement, and in making such adjustments, no 

 
fractional units, shares, or scrip certificates in lieu thereof, shall be granted or issuable by the Company, and the Grantee shall be entitled to only the number of full Performance Units to
which the Grantee may be entitled by reason of such adjustment at the adjusted grant. 
 (b) In the event of an increase in the
outstanding shares of Common Stock of the Company, effectuated for the purpose of acquiring properties or securities of another Company or business enterprise, there shall be no increase in the number of Performance Units which are the subject
matter of the Award under this Agreement as a result of such acquisition. 
 (c) In the event of an increase or decrease in the
number of outstanding shares of Common Stock of the Company through recapitalization, reclassification, stock split-ups, consolidation of shares, changes in par value and the like, an appropriate adjustment shall be made in the number of Performance
Units provided for under the Award and stated in Section 1 of this Agreement, by increasing or decreasing the number of Performance Units, as may be required to enable the Grantee to acquire the same proportionate stockholdings as the grant of
the Award would originally have provided. Provided, however, that any additional Performance Units shall be subject to all terms and provisions of this Agreement and that in making such adjustments, no fractional Performance Units shall be awarded,
and the Grantee shall be entitled to receive only the number of full Performance Units to which the Grantee may be entitled by reason of such adjustment. 
 (d) Except as otherwise provided for with respect to the payment of any deferred compensation in paragraph 6, above, to the extent Performance Units are still not vested in Grantee at the time of a Change
in Control with respect to the Company, then pursuant to the provisions of the Plan, they shall become fully vested and completely free and clear of any conditions or restrictions stated herein at that time; provided, that if such Change in Control
occurs less than six (6) months after the Grant Date to the Grantee, then Performance Units shall become fully vested and completely free and clear of any conditions or restrictions stated herein at the time of such Change in Control only if
the Grantee agrees in writing, if requested by the Company in writing, to remain in the employ of the Company or Subsidiary at least through the date which is six (6) months after the Grant Date with substantially the same title, duties,
authority, reporting relationships, and compensation as on the day immediately preceding the Change in Control. The provisions of this subparagraph (d) shall be applied in addition to, and shall not reduce, modify, or change any other
obligation or right of the Grantee otherwise provided for in paragraph 3, above, concerning the Grantee’s continued employment with the Company or the termination thereof. If the Performance Units become subject to this subparagraph (d), they
shall become fully vested in the Grantee and nonforfeitable. The Performance Units are subject to the provisions of the Plan authorizing the Company, or a committee of its Board of Directors, to provide in advance or at the time of a Change in
Control for cash to be paid in actual settlement of the shares of Common Stock for earned Performance Units, all subject to such terms and conditions as the Company or the Committee, in its sole discretion, may determine and impose. For purposes of
this subparagraph (d), the term “Change in Control” shall have the same meaning as provided in the definition of that term stated in the Plan, including any amendments thereof. 

 10. Required Grantee Repayment/Reduction Provision. Notwithstanding anything in the
Plan, the Award or this Agreement to the contrary, all or a portion of the Award made to the Grantee under this Agreement is subject to being called for repayment to the Company or reduced in any situation where the Board of Directors or a Committee
thereof determines that fraud, negligence, or intentional misconduct by the Grantee was a contributing factor to the Company having to restate all or a portion of its financial statement(s). The Committee may determine whether the Company shall
effect any such repayment or reduction: (i) by seeking repayment from the Grantee, (ii) by reducing (subject to applicable law and the terms and conditions of the Plan or any other applicable plan, program, or arrangement) the amount that
would otherwise be awarded or payable to the Grantee under the Award, the Plan or any other compensatory plan, program, or arrangement maintained by the Company, (iii) by withholding payment of future increases in compensation (including the
payment of any discretionary bonus amount) or grants of compensatory awards that would otherwise have been made in accordance with the Company’s otherwise applicable compensation practices, or (iv) by any combination of the foregoing. The
determination regarding the Grantee’s conduct, and repayment or reduction under this provision shall be within the sole discretion of the Committee and shall be final and binding on the Grantee and the Company. The Grantee, in consideration of
the grant of the Award, and by the Grantee’s execution of this Agreement, acknowledges the Grantee’s understanding of the agreement to this provision, and hereby agrees to make and allow an immediate and complete repayment or reduction in
accordance with this provision in the event of a call for repayment or other action by the Company or Committee to effect its terms with respect to the Grantee, the Award and/or any other compensation described herein. 

11. Stock Reserved. The Company shall at all times during the term of the Award reserve and keep available such number of shares
of its Common Stock as will be sufficient to satisfy the Award issued and granted to Grantee and the requirements thereof as evidenced by this Agreement. 
 12. Rights of Shareholder. Except as otherwise provided in the Award and this Agreement, the Grantee shall have no rights as a shareholder of the Company in respect of the Performance Units or
Common Stock for which the Award is granted; and the Grantee shall not be considered or treated as a record owner of shares with respect to the Common Stock until the Performance Units are fully vested and no longer subject to any of the conditions,
performance requirements, or restrictions imposed pursuant to this Agreement, and Common Stock is actually issued and transferred to the Grantee. 
 13. Entire Agreement. This Agreement contains the entire terms of the Award, and may not be changed orally or other than by a written agreement issued and approved by the Company pursuant to the
Plan. This Agreement supersedes any agreements or understandings that may previously have existed, and there are no other agreements or understandings, relating to its subject matter. 

14. Successors and Assigns. The Award shall inure to the benefit of and be binding upon the heirs, legatees, legal
representatives, successors, and assigns of the parties thereto. 

 The Grantee hereby acknowledges receipt of this Agreement, the Notice of Performance Unit
Award and a copy of the Plan, and accepts the Award under the terms and conditions stated in this Agreement, subject to all terms and provisions of the Plan, by signing this Agreement in duplicate originals, as of the date first above written.

  

					
	  
	 		 	  

	Date	 		 	«Officer_Name»
		 		 	Grantee

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