Document:

Omnibus Amendment No 9 to Loan and Servicing Agmt

 Exhibit 10.37 
 OMNIBUS AMENDMENT NO. 9 
 This OMNIBUS AMENDMENT NO. 9 (this
“Amendment”) dated as of February 18, 2011 is by and among Tampa Electric Company (“Tampa”), in its capacity as originator (in such capacity, the “Originator”) and as servicer (in such
capacity, the Servicer”), TEC Receivables Corp. (“TEC”), in its capacity as “Purchaser” under the Purchase Agreement (as defined below) (in such capacity, the “Purchaser”) and as
“Borrower” under the Loan Agreement (as defined below) (in such capacity, the “Borrower”), Citibank, N.A. (“Citibank”), in its capacities as Managing Agent and as Program Agent, CAFCO, LLC, in its capacity
as “Conduit Lender” (in such capacity, the “Conduit Lender”) and Citibank, in its capacity as the sole committed lender (in such capacity, the “Committed Lender”). Capitalized terms used herein but not
specifically defined herein shall have the meanings given to such terms in the Loan Agreement (as defined below) or Purchase Agreement (as defined below). 
 PRELIMINARY STATEMENTS: 
 (1) The Originator and the Purchaser are parties to that
certain Purchase and Contribution Agreement dated as of January 6, 2005, as amended by the Omnibus Amendment dated as of June 7, 2005, Omnibus Amendment No. 3 dated as of December 22, 2006 and Omnibus Amendment No. 5 dated
as of September 26, 2008 (the “Purchase Agreement”). 
 (2) The Servicer, the Borrower, the Conduit
Lender, the Committed Lender, the Managing Agent and the Program Agent are parties to that certain Loan and Servicing Agreement dated as of January 6, 2005, as amended by (i) the Omnibus Amendment dated as of June 7, 2005,
(ii) Amendment No. 2 dated as of January 5, 2006, (iii) Omnibus Amendment No. 3 dated as of December 22, 2006, (iv) Amendment No. 4 dated as of December 20, 2007, (v) Omnibus Amendment No. 5
dated as of September 26, 2008, (vi) Amendment No. 6 dated as of December 18, 2008, (vii) Amendment No. 7 dated as of December 16, 2009 and (viii) Amendment No. 8 dated as of February 19, 2010 (the
“Loan Agreement”). 
 (3) Citibank, N.A. has succeeded Citicorp North America, Inc., as Program Agent and as
Managing Agent, by assignment. 
 (4) The Originator and the Purchaser wish to amend the Purchase Agreement upon the terms and
subject to the conditions set forth herein. 
 (5) The Borrower and the Servicer wish to amend the Loan Agreement upon the terms
and subject to the conditions set forth herein. 
 (6) Citibank, as sole Managing Agent and as Program Agent, CAFCO, LLC as sole
Conduit Lender, and Citibank, as sole Committed Lender consent to the amendments to the Purchase Agreement and the Loan Agreement upon the terms and subject to the conditions set forth herein. 

NOW, THEREFORE, the parties hereto agree as follows: 

 SECTION 1. Amendment to the Purchase Agreement. Effective as of the date hereof
and subject to the satisfaction of the conditions precedent set forth in Section 4 hereof, Section 2.01(b) of the Purchase Agreement is hereby amended and restated in its entirety as follows: 

(b) It is the intention of the parties hereto that each Purchase of Transferred Assets to be made hereunder shall be
absolute and irrevocable and will provide the Purchaser with the full risks and benefits of ownership of such Transferred Assets so purchased (such that the Transferred Assets would not constitute property of the Originator’s estate in the
event of the Originator’s bankruptcy) and shall constitute a “sale of accounts,” as such term is used in Article 9 of the UCC of the State of New York, to the extent applicable, and not a loan secured by such Transferred Assets. If,
notwithstanding such intention, the conveyance of the Transferred Assets from the Originator to the Purchaser shall ever be recharacterized as a secured loan and not as a sale (a “Recharacterization”), it is the intention of the
parties hereto that this Agreement shall constitute a security agreement under applicable law, and that the Originator shall be deemed to have granted, and the Originator hereby grants to the Purchaser, a duly perfected first priority security
interest in all of the Originator’s right, title and interest in, to and under the Transferred Assets, and all proceeds thereof, free and clear of any Adverse Claims to secure loans deemed to have been made by the Purchaser to the Originator
and all other obligations of the Originator hereunder. Each sale of Receivables by the Originator to the Purchaser is made without recourse; provided, however, that (i) the Originator shall be liable to the Purchaser for all
representations, warranties and covenants made by the Originator hereunder and (ii) such sale does not constitute and is not intended to result in an assumption by the Purchaser or any assignee thereof of any obligation or liability of the
Originator or any other Person arising in connection with the Transferred Assets or any other obligations or liabilities of the Originator. In view of the intention of the parties hereto that the Purchases of Receivables to be made hereunder shall
constitute a sale of such Receivables rather than a loan secured by such Receivables, the Originator agrees to (i) note on its financial statements that such Receivables have been sold to the Purchaser and (ii) on or prior to the Effective
Date, mark its master data processing records relating to the Receivables with a legend acceptable to the Purchaser and the Program Agent, evidencing that the Purchaser has purchased such Receivables as provided in this Agreement. In the case of any
Recharacterization, each of the Originator and the Purchaser represents and warrants as to itself that each remittance of Collections and other property by the Originator to the Purchaser hereunder will have been (i) in payment of a debt
incurred by the Originator in the ordinary course of business or financial affairs of the Originator and the Purchaser and (ii) made in the ordinary course of business or financial affairs of the Originator and the Purchaser. 

SECTION 2. Amendments to the Loan Agreement. Effective as of the date hereof and subject to the satisfaction of the condition
precedent set forth in Section 4 hereof, the Loan Agreement is hereby amended as follows: 
 (a)
Section 1.01 of the Loan Agreement is hereby amended to add the following definitions in the appropriate alphabetical order: 

  
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 “Deposit Billing” means a bill issued by the Originator to
a Person that is expected to become an Obligor which evidences an obligation to make a deposit of cash with the Originator. 
 “Deposit Billing Amount” means (a) at any time during a Level 1 Ratings Period, $0.00, and (b) at any other time, the amount of the unpaid balance of Deposit Billings at such
time. 
 (b) Section 1.01 of the Loan Agreement is hereby amended to delete the definition of “Interest
Rate” and replace it with the following: 
 “Interest Rate” means, with respect to any
Tranche for any day: 
 (a) to the extent such Tranche is funded on such day by a Conduit Lender through the
issuance of Promissory Notes, the CP Rate; provided, that at all times following the occurrence and during the continuation of an Event of Termination, the Interest Rate for each such Tranche on each day shall be an interest rate per annum
equal to (i) the CP Rate plus (ii) the Applicable Margin plus (iii) 2.00%; and 

(b) otherwise, the Alternative Rate; provided, that at all times following the occurrence and during the
continuation of an Event of Termination, the Interest Rate for each such Tranche on each day shall be an interest rate per annum equal to (i) the Adjusted LIBO Rate or the Base Rate as applicable from time to time plus (ii) the
Applicable Margin plus (iii) 2.00%. 
 (c) Section 1.01 of the Loan Agreement is hereby amended to
delete the definition of “Minimum Loss Reserve Percentage” and replace it with the following: 

“Minimum Loss Reserve Percentage” means (i) at any time during the months of March, April, November
and December, 12.0% minus the Dilution Reserve Percentage at such time, and (ii) at all other times 18.0% minus the Dilution Reserve Percentage at such time. 

(d) Section 1.01 of the Loan Agreement is hereby amended to delete the definition of “Net Receivables Pool
Balance” and replace it with the following: 
 “Net Receivables Pool Balance” means at
any time of calculation hereunder, an amount equal to the sum of (a) the amount equal to the Outstanding Balances of all Eligible Receivables at such time, plus (b) the unpaid amounts of all Deposit Billings, minus, without
duplication, (i) all cash Collections and security deposits received by the Servicer which have not been applied to reduce the Outstanding Balance of such Pool Receivables, (ii) the sum of (a) the aggregate amount of reductions that
would result from the application of all Dilution Factors which have not yet been applied by the Servicer to the Outstanding Balance of any Pool Receivables at such time and (b) the aggregate amount of credit memos which have not yet been
applied by the Servicer to reduce the Outstanding Balance of the Pool Receivables, (iii) the Obligor Overconcentration Amount at such time, (iv) the Governmental Authority Overconcentration Amount at

  
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such time, (v) the sum of the Unbilled Receivables Overconcentration Amount at such time and the Unbilled Receivables Reduction Amount at such time, (vi) the Customer Deposit
Overconcentration Amount at such time, (vii) the Taxes Overconcentration Amount at such time, (vii) the Aggregate Contra Balance at such time, (viii) the Wholesale Gas Receivables Overconcentration Amount at such time, (ix) the
outstanding accrual balance of interest payments that are due Obligors on their Customer Deposits at such time and (x) the Deposit Billing Amount at such time. 
 (e) Section 1.01 of the Loan Agreement is hereby amended to delete the definition of “Scheduled Termination Date” and replace it with the following: 

“Scheduled Termination Date” means, (i) with respect to the Committed Lenders’ Commitments
hereunder, February 17, 2012, unless such date is extended pursuant to Section 2.01(c) and (ii) with respect to the Conduit Lenders, February 17, 2012, unless such date is extended with the consent of the parties hereto.

 (f) Section 2.11(c) of the Loan Agreement is hereby amended to add the following sentence at the end: 

For the purposes of this Section 2.11, the Dodd-Frank Wall Street Reform and Consumer Protection Act, and all requests, rules
guidelines and directives promulgated thereunder are deemed to have been introduced or adopted after the date hereof, regardless of the date enacted or adopted. 
 (g) Section 2.12(c) of the Loan Agreement is hereby amended to add the following sentence at the end: 
 For the purposes of this Section 2.12, the Dodd-Frank Wall Street Reform and Consumer Protection Act, and all requests, rules guidelines and directives promulgated thereunder are deemed to
have been introduced or adopted after the date hereof, regardless of the date enacted or adopted. 
 (h)
Section 2.15 of the Loan Agreement is hereby amended to add the following sentence at the end: 
 Each of the
Borrower, each Lender and the Program Agent represents and warrants as to itself that each remittance of Collections and other property by the Borrower hereunder will have been (i) in payment of a debt incurred by the Borrower in the ordinary
course of business or financial affairs of the Borrower, the Lenders and the Program Agent and (ii) made in the ordinary course of business or financial affairs of the Borrower, the Lenders and the Program Agent. 

(i) Schedule II to the Loan Agreement is deleted in its entirety and is replaced with a new Schedule II in the form
attached hereto as Annex A. 
 SECTION 3. Amendment to all Facility Documents. Effective as of the date hereof and
subject to the satisfaction of the conditions precedent set forth in Section 4 hereof, each Facility 

  
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Document is hereby amended to delete each reference to “Citicorp North America, Inc.” and to replace such reference with “Citibank, N.A.” and to delete each reference to
“CNAI” and to replace such reference with “Citibank”. 
 SECTION 4. Conditions of
Effectiveness. This Amendment shall become effective as of the date hereof upon the receipt by the Program Agent of (a) this Amendment duly executed by all of the parties hereto, (b) the Fee Letter dated the date hereof duly executed
by the Borrower and the Managing Agent, and (c) the Upfront Fee (as such term is defined in the Fee Letter). 

SECTION 5. Representations and Warranties. Each of the parties hereto represents and warrants that this Amendment and the
Purchase Agreement and the Loan Agreement, each as amended by this Amendment, constitute legal, valid and binding obligations of such Person enforceable against such Person in accordance with their terms, except as enforceability may be limited by
bankruptcy, insolvency or similar laws affecting the enforcement of creditors’ rights generally and general equitable principles. 
 SECTION 6. Reference to and the Effect on the Purchase Agreement and the Loan Agreement. 
 (a) On and after the effective date of this Amendment, each reference in the Purchase Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of
like import referring to the Purchase Agreement and each reference to the Purchase Agreement in any certificate delivered in connection therewith, shall mean and be a reference to the Purchase Agreement as amended hereby. 

(b) Each of the parties hereto hereby agrees that, except as specifically amended above, the Purchase Agreement is hereby ratified and
confirmed and shall continue to be in full force and effect and enforceable, except as such enforcement may be limited by applicable bankruptcy, insolvency, reorganization or other similar laws relating to or limiting creditors’ rights
generally and general equitable principles. 
 (c) On and after the effective date of this Amendment, each reference in the Loan
Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of like import referring to the Loan Agreement and each reference to the Loan Agreement in any certificate delivered in connection
therewith, shall mean and be a reference to the Loan Agreement as amended hereby. 
 (d) Each of the parties hereto hereby
agrees that, except as specifically amended above, the Loan Agreement is hereby ratified and confirmed and shall continue to be in full force and effect and enforceable, except as such enforcement may be limited by applicable bankruptcy, insolvency,
reorganization or other similar laws relating to or limiting creditors’ rights generally and general equitable principles. 

SECTION 7. Execution in Counterparts. This Amendment may be executed in any number of counterparts and by different parties
hereto in separate counterparts, each of which when so executed and delivered shall be deemed to be an original and all of which taken together shall constitute but one and the same agreement. 

  
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 SECTION 8. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 [Signature page follows.] 

  
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 IN WITNESS WHEREOF, the parties have executed this Amendment as of the day and year first
above written. 
  

			
	TAMPA ELECTRIC COMPANY,
	as Originator and as Servicer
		
	By:	 	 /s/ Kim M. Caruso

	Name:	 	Kim M. Caruso
	Title:	 	Treasurer
	
	TEC RECEIVABLES CORP., as Purchaser and as Borrower
		
	By:	 	 /s/ Kim M. Caruso

	Name:	 	Kim M. Caruso
	Title:	 	Treasurer
	
	CITIBANK, N.A., as Program Agent and as Managing Agent
		
	By:	 	 /s/ Kosta Karantzoulis

	Name:	 	Kosta Karantzoulis
	Title:	 	Vice President
	
	 CAFCO, LLC, as the Conduit Lender

		
	By:	 	Citibank, N.A.,
		 	as Attorney-in-Fact
		
	By:	 	 /s/ Kosta Karantzoulis

	Name:	 	Kosta Karantzoulis
	Title:	 	Vice President
	
	 CITIBANK, N.A., as the sole Committed Lender

		
	By:	 	 /s/ Kosta Karantzoulis

	Name:	 	Kosta Karantzoulis
	Title:	 	Vice President

 Signature Page to

 Omnibus Amendment No. 9 

 ANNEX A 
 SCHEDULE II 
 NOTICE ADDRESSES 

Citibank, N.A. 
 Citigroup Global Securitized
Products 
 390 Greenwich St, 1st Floor 
 New
York, NY 10013 
 Attention: Linda Moses 

T: 212-723-3723 
 F: 646-862-9894 

E: linda.moses@citi.com 
 CAFCO, LLC

 750 Washington Boulevard 
 Stamford,
CT 06901 
 Attention: Global Securitized Products 
 T: 203-975-6383 
 F: 203-975-6462 
 TEC Receivables Corp. 
 TECO Plaza 

702 N. Franklin Street, 2nd Floor 

Tampa, FL 33602 
 Attention: Kim Caruso, Treasury
Department 
 Telephone: (813) 228-1012 
 Facsimile No.: (813) 228-4262 
 Tampa Electric Company 

TECO Plaza 
 702 N. Franklin Street 

Tampa, FL 33602 
 Attention: Corporate Secretary

 Telephone: (813) 228-1808 

Facsimile No.: (813) 228-1328Form of Nonqualified Stock Option Agreement, 2009 Omnibus Equity Plan

 Exhibit 10.3.4 
 CHART INDUSTRIES, INC. 
 2009 OMNIBUS EQUITY PLAN 

NONQUALIFIED STOCK OPTION AGREEMENT 
 THIS NONQUALIFIED STOCK OPTION AGREEMENT (the “Agreement”) is entered into as of this      day of
            , 20     (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 Chart Industries, Inc. 2009 Omnibus Equity 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 3.4 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 $              (the “Option Price”). The Option Price is subject to
adjustment as described in Section 3.4 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 death, Disability,
Retirement or Change in Control), 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 forfeited or 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 termination of Employment 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 

  
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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. 

 

	 	v.	“Disability” shall mean, with respect to the Participant, a 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 which: (i) renders the Participant unable to engage in substantial gainful activity or (ii) results in the Participant receiving income replacement benefits for at
least three months under an accident and health plan sponsored by the Participant’s employer. 

 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. 

  
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	 	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 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 successor to the
extent set forth in Section 5(a). No beneficiary, executor, 

  
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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. 
 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. 

  
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 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. 
 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. 

  
 6 

 19. Governing Law. 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 waiver, amendment, alteration, suspension, discontinuance, cancellation or termination shall materially adversely affect the rights of the Participant hereunder without the written consent of the Participant.

 22. Section 409A of the Code. 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 interpreted and administered. In addition to the general
amendment rights of the Company with respect to the Plan, the Company specifically retains the unilateral right (but not the obligation) to make, prospectively or retroactively, any amendment to this Agreement or any related document as it deems
necessary or desirable to more fully address issues in connection with exemption from (or compliance with) Section 409A of the Code and other laws. In no event, however, shall this section or any other provisions of this Agreement be construed
to require the Company to provide any gross-up for the tax consequences of any provisions of, or payments under, this Agreement. Except as may be provided in another agreement to which the Company is bound, the Company and its Affiliates shall have
no responsibility for tax or legal consequences to the Participant (or the Participant’s beneficiaries) resulting from the terms or operation of this Agreement or the Plan. 

23. Adjustment of Number of Shares, Etc. Subject to Section 3.4 of the Plan, if, after the Grant Date, the Committee
determines that any dividend or other distribution (whether in the form of cash, Shares, other securities or other property), recapitalization, stock split, reverse stock split, reorganization, redesignation, reclassification, merger, consolidation,
liquidation, split-up, reverse split, spin-off, combination, repurchase or exchange of Shares or other securities of the Company, issuance of warrants or other rights to purchase Shares or other securities of the Company or other similar corporate
transaction or event affects the Shares such that an adjustment is determined by the Committee to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under this Agreement,
then the Committee may, in such manner as it deems equitable, adjust any or all of (i) the number and type of Shares (or other securities or other property) subject to the Option and (ii) the Option Price. 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. 

  
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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement. 

 

									
	Participant	 	 	 	 	 	Chart Industries, Inc.
					
	 	 	 	 		 	By:	  	  

					
	Print Name:	 	  
	 		 	Its:	  	  

					
	Date:	 	  
	 		 	Date:	  	  

  
 8

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