Document:

EX-10.6

 Exhibit 10.6 

WEBER INC. 
 OMNIBUS
INCENTIVE PLAN 
 Section 1. Purpose. The purpose of the Weber Inc. Omnibus Incentive Plan (as amended from time to time,
the “Plan”) is to motivate and reward employees and other individuals to perform at the highest level and contribute significantly to the success of Weber Inc. (the “Company”), thereby furthering the best interests
of the Company and its shareholders. 
 Section 2. Definitions. As used in the Plan, the following terms shall have the meanings
set forth below: 
 (a) “Affiliate” means any entity that, directly or indirectly through one or more intermediaries
controls, is controlled by or is under common control with, the Company. 
 (b) “Award” means any Option, SAR, Restricted
Stock, RSU, Performance Award or Other Stock-Based Award granted under the Plan. 
 (c) “Award Agreement” means any
agreement, contract or other instrument or document (including in electronic form) evidencing any Award granted under the Plan, which may, but need not, be executed or acknowledged by a Participant. 

(d) “Beneficial Owner” has the meaning ascribed to such term in Rule 13d-3 under the
Exchange Act. 
 (e) “Beneficiary” means a Person entitled to receive payments or other benefits or exercise rights that are
available under the Plan in the event of a Participant’s death. If no such Person can be named or is named by a Participant, or if no Beneficiary designated by a Participant is eligible to receive payments or other benefits or exercise rights
that are available under the Plan at a Participant’s death, such Participant’s Beneficiary shall be such Participant’s estate. 

(f) “Board” means the Board of Directors of the Company. 

(g) “Cause” is as defined in the Participant’s Service Agreement, if any, or if not so defined, means the
Participant’s: (i) commission of a felony or any other crime that is injurious to business or reputation of the Company or its Subsidiaries; (ii) breach of the Participant’s Service Agreement, (iii) commission of an act
which violates the Company’s or its Subsidiaries’ policies on discrimination, harassment, and conflicts of interest, or repeated violation of any other material employment policy; (iv) commission of any act or omission involving
dishonesty, disloyalty or fraud with respect to the Company, its Subsidiaries or any of their respective customers or suppliers; (v) conduct intentionally disparaging the Company or its Subsidiaries or tending to bring the Company or its
Subsidiaries into substantial public disgrace or disrepute; (vi) repeated failure to substantially perform the Participant’s duties; or (vii) gross negligence or willful misconduct with respect to the Company or any of its
Subsidiaries. 

 (h) “Change in Control” means the occurrence of any one or more of the
following events: 
 (i) any Person, other than (A) any employee plan established by the Company or any Subsidiary,
(B) the Company or any of its Affiliates, (C) BDT Capital Partners, LLC and its affiliates (collectively, “BDT”), until such time as BDT is the Beneficial Owner, directly or indirectly, of securities of the Company
representing less than 10 % of the total voting power of the stock of the Company, (C) an underwriter temporarily holding securities pursuant to an offering of such securities, or (D) an entity owned, directly or indirectly, by
shareholders of the Company in substantially the same proportions as their ownership of the Company, acquires, in one or a series of transactions, the Beneficial Ownership, directly or indirectly, of securities of the Company (not including in the
securities beneficially owned by such Person any securities acquired directly from the Company or its Affiliates other than in connection with the acquisition by the Company or its Affiliates of a business) representing 50% or more of the total
voting power of the stock of the Company; provided that the provisions of this subsection (i) are not intended to apply to or include as a Change in Control any transaction that is specifically excepted from the definition of Change in
Control under subsection (iii) below; 
 (ii) a change in the composition of the Board such that, during any 12-month period, the individuals who, as of the beginning of such period, constitute the Board (the “Existing Board”) cease for any reason to constitute at least 50% of the Board;
provided, however, that any individual becoming a member of the Board subsequent to the beginning of such period whose election, or nomination for election by the Company’s shareholders, was approved by a vote of at least a
majority of the Directors immediately prior to the date of such appointment or election shall be considered as though such individual were a member of the Existing Board; provided further, that, notwithstanding the foregoing, no
individual whose initial assumption of office occurs as a result of either an actual or threatened election contest (as such terms are used in Rule 14a-11 or Regulation 14A promulgated under the Exchange Act
or successor statutes or rules containing analogous concepts) or other actual or threatened solicitation of proxies or consents by or on behalf of an individual, corporation, partnership, group, associate or other entity or Person other than the
Board, shall in any event be considered to be a member of the Existing Board; 
 (iii) the consummation of a merger,
amalgamation or consolidation of the Company with any other corporation or other entity, or the issuance of voting securities in connection with such a transaction pursuant to applicable stock exchange requirements; provided that immediately
following such transaction the voting securities of the Company outstanding immediately prior thereto do not continue to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity of such
transaction or parent entity thereof) 50% or more of the total voting power of the Company’s stock (or, if the Company is not the surviving entity of such merger or consolidation, 50% or 

 
more of the total voting power of the stock of such surviving entity or parent entity thereof); and provided, further, that such a transaction effected to implement a
recapitalization of the Company (or similar transaction) in which no Person is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company (not including in the securities beneficially owned by such Person any securities
acquired directly from the Company or its Affiliates other than in connection with the acquisition by the Company or its Affiliates of a business) representing 50% or more of either the then-outstanding Shares or the combined voting power of the
Company’s then-outstanding voting securities shall not be considered a Change in Control; or 
 (iv) the sale or
disposition by the Company of all or substantially all of the Company’s assets in which any Person acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition by
such Person) assets from the Company that have a total gross fair market value equal to more than 50% of the total gross fair market value of all of the assets of the Company immediately prior to such acquisition or acquisitions. 

Notwithstanding the foregoing, (A) no Change in Control shall be deemed to have occurred if there is consummated any transaction or series of integrated
transactions immediately following which the record holders of the Shares immediately prior to such transaction or series of transactions continue to have substantially the same proportionate ownership in an entity which owns substantially all of
the assets of the Company immediately prior to such transaction or series of transactions and (B) no Change in Control shall be deemed to have occurred upon the acquisition of additional control of the Company by any Person that is considered
to effectively control the Company. In no event will a Change in Control be deemed to have occurred if any Participant is part of a “group” within the meaning of Section 13(d)(3) of the Exchange Act that effects a Change in Control.
Notwithstanding the foregoing or any provision of any Award Agreement to the contrary, for any Award that provides for accelerated distribution on a Change in Control of amounts that constitute “deferred compensation” (as defined in
Section 409A of the Code), if the event that constitutes such Change in Control does not also constitute a change in the ownership or effective control of the Company, or in the ownership of a substantial portion of the Company’s assets
(in either case, as defined in Section 409A of the Code), such amount shall not be distributed on such Change in Control but instead shall vest as of such Change in Control and shall be distributed on the scheduled payment date specified in the
applicable Award Agreement, except to the extent that earlier distribution would not result in the Participant who holds such Award incurring interest or additional tax under Section 409A of the Code. 

(i) “Code” means the Internal Revenue Code of 1986, as amended from time to time, and the rules, regulations and guidance
thereunder. Any reference to a provision in the Code shall include any successor provision thereto. 
 (j) “Committee” means
the compensation committee of the Board unless another committee is designated by the Board. If there is no compensation committee of the Board and the Board does not designate another committee, references herein to the “Committee” shall
refer to the Board. 

 (k) “Consultant” means any individual, including an advisor, who is
providing services to the Company or any Subsidiary or who has accepted an offer of service or consultancy from the Company or any Subsidiary. 

(l) “Director” means any member of the Board. 

(m) “Effective Date” means the date on which the registration statement covering the initial public offering of the Shares is
declared effective by the Securities and Exchange Commission. 
 (n) “Employee” means any individual, including any officer,
employed by the Company or any Subsidiary or any prospective employee or officer who has accepted an offer of employment from the Company or any Subsidiary, with the status of employment determined based upon such factors as are deemed appropriate
by the Committee in its discretion, subject to any requirements of the Code or applicable laws. 
 (o) “Exchange Act” means
the Securities Exchange Act of 1934, as amended from time to time, and the rules, regulations and guidance thereunder. Any reference to a provision in the Exchange Act shall include any successor provision thereto. 

(p) “Fair Market Value” means (i) with respect to Shares, the closing price of a Share on the applicable date of
determination (or, if there is no reported sale on such date, on the last preceding date on which any reported sale occurred), on the principal stock market or exchange on which the Shares are quoted or traded, or if Shares are not so quoted or
traded, the fair market value of a Share as determined by the Committee, and (ii) with respect to any property other than Shares, the fair market value of such property determined by such methods or procedures as shall be established from time
to time by the Committee. 
 (q) “Incentive Stock Option” means an option representing the right to purchase Shares from the
Company, granted pursuant to Section 6, that meets the requirements of Section 422 of the Code. 
 (r) “Intrinsic
Value” with respect to an Option or SAR Award means (i) the excess, if any, of the price or implied price per Share in a Change in Control or other event over (ii) the exercise or hurdle price of such Award
multiplied by (iii) the number of Shares covered by such Award. 
 (s)
“Non-Qualified Stock Option” means an option representing the right to purchase Shares from the Company, granted pursuant to Section 6, that is not an Incentive Stock Option. 

(t) “Option” means an Incentive Stock Option or a Non-Qualified Stock Option. 

 (u) “Other Stock-Based Award” means an Award granted pursuant to
Section 11 that may be denominated or payable in, valued in whole or in part by reference to, or otherwise based on, or related to, Shares or factors that may influence the value of Shares, including convertible or exchangeable debt securities,
other rights convertible or exchangeable into Shares, purchase rights for Shares, dividend rights or dividend equivalent rights or Awards with value and payment contingent upon performance of the Company or business units thereof or any other
factors designated by the Committee. 
 (v) “Participant” means the recipient of an Award granted under the Plan. 

(w) “Performance Award” means an Award granted pursuant to Section 10. 

(x) “Performance Period” means the period established by the Committee with respect to any Performance Award during which the
performance goals specified by the Committee with respect to such Award are to be measured. 
 (y) “Person” has the meaning
ascribed to such term in Section 3(a)(9) of the Exchange Act and used in Sections 13(d) and 14(d) thereof, including a “group” as defined in Section 13(d) thereof. 

(z) “Restricted Stock” means any Share subject to certain restrictions and forfeiture conditions, granted pursuant to
Section 8. 
 (aa) “RSU” means a contractual right granted pursuant to Section 9 that is denominated in Shares.
Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents. 

(bb) “SAR” means a right granted pursuant to Section 7 to receive upon exercise by the Participant or settlement, in
cash, Shares or a combination thereof, the excess of (i) the Fair Market Value of one Share on the date of exercise or settlement over (ii) the exercise or hurdle price of the right on the date of grant. 

(cc) “Service Agreement” means any employment, severance, consulting or similar agreement between the Company or any of its
Affiliates and a Participant. 
 (dd) “Share” means a share of the Company’s Class A common stock, $0.001 par
value. 
 (ee) “Subsidiary” means an entity of which the Company directly or indirectly holds all or a majority of the value
of the outstanding equity interests of such entity or a majority of the voting power with respect to the voting securities of such entity. Whether employment by or service with a Subsidiary is included within the scope of the Plan shall be
determined by the Committee. For the avoidance of doubt, Weber HoldCo LLC and its subsidiaries are each Subsidiaries. 

 (ff) “Substitute Award” means an Award granted in assumption of, or in
substitution for, an outstanding award previously granted by a company or other business acquired by the Company or with which the Company combines. 

(gg) “Termination of Service” means, in the case of a Participant who is an Employee, cessation of the employment relationship
such that the Participant is no longer an employee of the Company or any Subsidiary, or, in the case of a Participant who is a Consultant or other service provider, the date the performance of services for the Company or any Subsidiary has ended;
provided, however, that in the case of a Participant who is an Employee, the transfer of employment from the Company to a Subsidiary, from a Subsidiary to the Company, from one Subsidiary to another Subsidiary or, unless the Committee
determines otherwise, the cessation of employee status but the continuation of the performance of services for the Company or a Subsidiary as a Director or Consultant shall not be deemed a cessation of service that would constitute a Termination of
Service; provided, further, that a Termination of Service shall be deemed to occur for a Participant employed by, or performing services for, a Subsidiary when such Subsidiary ceases to be a Subsidiary unless such Participant’s
employment or service continues with the Company or another Subsidiary. Notwithstanding the foregoing, with respect to any Award subject to Section 409A of the Code (and not exempt therefrom), a Termination of Service occurs when a Participant
experiences a “separation of service” (as such term is defined under Section 409A of the Code). 
 Section 3.
Eligibility. 
 (a) Any Employee, non-employee Director or Consultant shall be eligible to be
selected to receive an Award under the Plan, to the extent that an offer or receipt of an Award is permitted by applicable law, stock market or exchange rules and regulations or accounting or tax rules and regulations. 

(b) Holders of equity compensation awards granted by a company that is acquired by the Company (or whose business is acquired by the Company)
or with which the Company combines are eligible for grants of Substitute Awards under the Plan to the extent permitted under applicable regulations of any stock exchange on which the Company is listed. 

Section 4. Administration. 

(a) Administration of the Plan. The Plan shall be administered by the Committee. All decisions of the Committee shall be final,
conclusive and binding upon all parties, including the Company, its shareholders, Participants and any Beneficiaries thereof. The Committee may issue rules and regulations for administration of the Plan. 

 (b) Delegation of Authority. To the extent permitted by applicable law, including
under Section 157(c) of the Delaware General Corporation Law, the Committee may delegate to one or more officers of the Company some or all of its authority under the Plan, including the authority to grant Options and SARs or other Awards in
the form of Share rights (except that such delegation shall not apply to any Award for a Person then covered by Section 16 of the Exchange Act), and the Committee may delegate to one or more committees of the Board (which may consist of solely
one Director) some or all of its authority under the Plan, including the authority to grant all types of Awards, in accordance with applicable law. 

(c) Authority of Committee. Subject to the terms of the Plan and applicable law, the Committee (or its delegate) shall have full
discretion and authority to: (i) designate Participants; (ii) determine the type or types of Awards (including Substitute Awards) to be granted to each Participant under the Plan; (iii) determine the number of Shares to be covered by
(or with respect to which payments, rights or other matters are to be calculated in connection with) Awards; (iv) determine the terms and conditions of any Award and prescribe the form of each Award Agreement, which need not be identical for
each Participant; (v) determine whether, to what extent, under what circumstances and by which methods Awards may be settled or exercised in cash, Shares, other Awards, other property, net settlement (including broker-assisted cashless
exercise), or any combination thereof, or canceled, forfeited or suspended; (vi) determine whether, to what extent and under what circumstances cash, Shares, other Awards, other property and other amounts payable with respect to an Award under
the Plan shall be deferred either automatically or at the election of the holder thereof or of the Committee; (vii) amend terms or conditions of any outstanding Awards; (viii) correct any defect, supply any omission and reconcile any
inconsistency in the Plan or any Award, in the manner and to the extent it shall deem desirable to carry the Plan into effect; (ix) interpret and administer the Plan and any instrument or agreement relating to, or Award made under, the Plan;
(x) establish, amend, suspend or waive such rules and regulations and appoint such agents, trustees, brokers, depositories and advisors and determine such terms of their engagement as it shall deem appropriate for the proper administration of
the Plan and due compliance with applicable law, stock market or exchange rules and regulations or accounting or tax rules and regulations; and (xi) make any other determination and take any other action that the Committee deems necessary or
desirable for the administration of the Plan and due compliance with applicable law, stock market or exchange rules and regulations or accounting or tax rules and regulations. Notwithstanding anything to the contrary contained herein, the Board may,
in its sole discretion, at any time and from time to time, grant Awards or administer the Plan. In any such case, the Board shall have all of the authority and responsibility granted to the Committee herein. 

Section 5. Shares Available for Awards. 

(a) Subject to adjustment as provided in Section 5(c) and except for Substitute Awards, the initial number of Shares available for
issuance under the Plan shall not exceed in the aggregate [•] Shares. Shares underlying Substitute Awards and Shares remaining available for grant under a plan of an acquired company or of a company with which the Company combines (whether by
way of amalgamation, merger, sale and purchase of shares or other securities or otherwise), appropriately adjusted to reflect the acquisition or combination transaction, shall not reduce the number of Shares remaining available for grant hereunder.

 (b) If any Award is forfeited, cancelled, expires, terminates or otherwise lapses or is
settled in cash, in whole or in part, without the delivery of Shares, then the Shares covered by such forfeited, expired, terminated or lapsed Award shall again be available for grant under the Plan. The following shall not become available for
issuance under the Plan: (i) any Shares withheld in respect of taxes relating to any Award and (ii) any Shares tendered or withheld to pay the exercise price of Options. 

(c) In the event that the Committee determines that, as a result of any dividend or other distribution (other than an ordinary dividend or
distribution), recapitalization, stock split, reverse stock split, reorganization, merger, amalgamation, consolidation, separation, rights offering, split-up, spin-off,
combination, or other similar corporate transaction or event affecting the Shares, or of changes in applicable laws, regulations or accounting principles, an adjustment is necessary in order to prevent dilution or enlargement of the benefits or
potential benefits intended to be made available under the Plan, then the Committee shall, subject to Section 19 and applicable law, adjust equitably so as to ensure no undue enrichment or harm (including by payment of cash), any or all of:

 (i) the number and type of Shares (or other securities) which thereafter may be made the subject of Awards, including the
aggregate limits specified in Section 5(a) and Section 5(f); 
 (ii) the number and type of Shares (or other
securities) subject to outstanding Awards; 
 (iii) the grant, acquisition, exercise or hurdle price with respect to any
Award or, if deemed appropriate, make provision for a cash payment to the holder of an outstanding Award; and 
 (iv) the
terms and conditions of any outstanding Awards, including the performance criteria of any Performance Awards; 
 provided, however, that the
number of Shares subject to any Award denominated in Shares shall always be a whole number. 
 (d) Any Shares delivered pursuant to an Award
may consist, in whole or in part, of authorized and unissued Shares or Shares acquired by the Company. 
 (e) A Participant who is a non-employee Director may not receive compensation for any calendar year in excess of $750,000 in the aggregate, including cash payments and Awards. 

(f) Subject to adjustment as provided in Section 5(c)(i), the maximum number of Shares available for issuance with respect to Incentive
Stock Options shall be [•]1. 
  

	1 	 To be equal to the size of the general share pool. 

 Section 6. Options. The Committee is authorized to grant Options to
Participants with the following terms and conditions and with such additional terms and conditions, in either case not inconsistent with the provisions of the Plan, as the Committee shall determine: 

(a) The exercise price per Share under an Option shall be determined by the Committee at the time of grant; provided, however,
that, except in the case of Substitute Awards, such exercise price shall not be less than the Fair Market Value of a Share on the date of grant of such Option. 

(b) The term of each Option shall be fixed by the Committee but shall not exceed 10 years from the date of grant of such Option. The Committee
shall determine the time or times at which an Option becomes vested and exercisable in whole or in part. 
 (c) The Committee shall determine
the methods by which, and the forms in which payment of the exercise price with respect thereto may be made or deemed to have been made, including cash, Shares, other Awards, other property, net settlement (including broker-assisted cashless
exercise) or any combination thereof, having a Fair Market Value on the exercise date equal to the relevant exercise price. 
 (d) To the
extent an Option is not previously exercised as to all of the Shares subject thereto, and, if the Fair Market Value of one Share is greater than the exercise price then in effect, then the Option shall be deemed automatically exercised immediately
before its expiration. 
 (e) No grant of Options may be accompanied by a tandem award of dividend equivalents or provide for dividends,
dividend equivalents or other distributions to be paid on such Options (except as provided under Section 5(c)). 
 (f) The terms of any
Incentive Stock Option granted under the Plan shall comply in all respects with the provisions of Section 422 of the Code. Incentive Stock Options may be granted only to employees of the Company or of a parent or subsidiary corporation (as
defined in Section 424 of the Code). 
 Section 7. Stock Appreciation Rights. The Committee is authorized to grant
SARs to Participants with the following terms and conditions and with such additional terms and conditions, in either case not inconsistent with the provisions of the Plan, as the Committee shall determine: 

(a) SARs may be granted under the Plan to Participants either alone (“freestanding”) or in addition to other Awards granted under the
Plan (“tandem”) and may, but need not, relate to a specific Option granted under Section 6. 
 (b) The exercise or hurdle
price per Share under a SAR shall be determined by the Committee; provided, however, that, except in the case of Substitute Awards, such exercise or hurdle price shall not be less than the Fair Market Value of a Share on the date of
grant of such SAR. 

 (c) The term of each SAR shall be fixed by the Committee but shall not exceed 10 years from
the date of grant of such SAR. The Committee shall determine the time or times at which a SAR may be exercised or settled in whole or in part. 

(d) Upon the exercise of a SAR, the Company shall pay to the Participant an amount equal to the number of Shares subject to the SAR multiplied
by the excess, if any, of the Fair Market Value of one Share on the exercise date over the exercise or hurdle price of such SAR. The Company shall pay such excess in cash, in Shares valued at Fair Market Value, or any combination thereof, as
determined by the Committee. 
 (e) To the extent a SAR is not previously exercised as to all of the Shares subject thereto, and, if the Fair
Market Value of one Share is greater than the exercise price then in effect, then the SAR shall be deemed automatically exercised immediately before its expiration. 

(f) No grant of SARs may be accompanied by a tandem award of dividend equivalents or provide for dividends, dividend equivalents or other
distributions to be paid on such SARs (except as provided under Section 5(c)). 
 Section 8. Restricted Stock. The
Committee is authorized to grant Awards of Restricted Stock to Participants with the following terms and conditions and with such additional terms and conditions, in either case not inconsistent with the provisions of the Plan, as the Committee
shall determine: 
 (a) The Award Agreement shall specify the vesting schedule. 

(b) Awards of Restricted Stock shall be subject to such restrictions as the Committee may impose, which restrictions may lapse separately or in
combination at such time or times, in such installments or otherwise, as the Committee may deem appropriate. 
 (c) Subject to the
restrictions set forth in the applicable Award Agreement, a Participant generally shall have the rights and privileges of a shareholder with respect to Awards of Restricted Stock, including the right to vote such Shares of Restricted Stock and the
right to receive dividends. 
 (d) The Committee may, in its discretion, specify in the applicable Award Agreement that any or all dividends
or other distributions paid on Awards of Restricted Stock prior to vesting be paid either in cash or in additional Shares and either on a current or deferred basis and that such dividends or other distributions may be reinvested in additional
Shares, which may be subject to the same restrictions as the underlying Awards. 
 (e) Any Award of Restricted Stock may be evidenced in such
manner as the Committee may deem appropriate, including book-entry registration. 

 (f) The Committee may provide in an Award Agreement that an Award of Restricted Stock is
conditioned upon the Participant making or refraining from making an election with respect to the Award under Section 83(b) of the Code. If a Participant makes an election pursuant to Section 83(b) of the Code with respect to an
Award of Restricted Stock, such Participant shall be required to file promptly a copy of such election with the Company and the applicable Internal Revenue Service office. 

Section 9. RSUs. The Committee is authorized to grant Awards of RSUs to Participants with the following terms and conditions and
with such additional terms and conditions, in either case not inconsistent with the provisions of the Plan, as the Committee shall determine: 

(a) The Award Agreement shall specify the vesting schedule and the delivery schedule (which may include deferred delivery later than the
vesting date). 
 (b) Awards of RSUs shall be subject to such restrictions as the Committee may impose, which restrictions may lapse
separately or in combination at such time or times, in such installments or otherwise, as the Committee may deem appropriate. 
 (c) An RSU
shall not convey to a Participant the rights and privileges of a shareholder with respect to the Share subject to such RSU, such as the right to vote or the right to receive dividends, unless and until and to the extent a Share is issued to such
Participant to settle such RSU. 
 (d) The Committee may, in its discretion, specify in the applicable Award Agreement that any or all
dividend equivalents or other distributions paid on Awards of RSUs prior to vesting or settlement, as applicable, be paid either in cash or in additional Shares and either on a current or deferred basis and that such dividend equivalents or other
distributions may be reinvested in additional Shares, which may be subject to the same restrictions as such Awards. 
 (e) Shares delivered
upon the vesting and settlement of an RSU Award may be evidenced in such manner as the Committee may deem appropriate, including book-entry registration. 

(f) The Committee may determine the form or forms (including cash, Shares, other Awards, other property or any combination thereof) in which
payment of the amount owing upon settlement of any RSU Award may be made. 
 Section 10. Performance Awards. The Committee is
authorized to grant Performance Awards to Participants with the following terms and conditions and with such additional terms and conditions, in either case not inconsistent with the provisions of the Plan, as the Committee shall determine: 

(a) Performance Awards may be denominated as a cash amount, number of Shares or units or a combination thereof and are Awards that may be
earned upon achievement or satisfaction of performance conditions specified by the Committee. In addition, the Committee may specify that any other Award shall constitute a Performance Award by conditioning the grant to a Participant or the right of
a Participant to exercise the Award or have it settled, and the timing thereof, upon achievement or satisfaction of 

 
such performance conditions as may be specified by the Committee. The Committee may use such business criteria and other measures of performance as it may deem appropriate in establishing any
performance conditions. Subject to the terms of the Plan, the performance goals to be achieved during any Performance Period, the length of any Performance Period, the amount of any Performance Award granted and the amount of any payment or transfer
to be made pursuant to any Performance Award shall be determined by the Committee. 
 (b) Performance criteria may be measured on an absolute
(e.g., plan or budget) or relative basis, and may be established on a corporate-wide basis, with respect to one or more business units, divisions, Subsidiaries or business segments, or on an individual basis. If the Committee determines that
a change in the business, operations, corporate structure or capital structure of the Company, or the manner in which the Company conducts its business, or other events or circumstances render the performance objectives unsuitable, the Committee may
modify the performance objectives or the related minimum acceptable level of achievement, in whole or in part, as the Committee deems appropriate and equitable such that it does not provide any undue enrichment or harm. Performance measures may vary
from Performance Award to Performance Award and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative. The Committee shall have the power to impose such other restrictions on Awards subject
to this Section 10(b) as it may deem necessary or appropriate to ensure that such Awards satisfy all requirements of any applicable law, stock market or exchange rules and regulations or accounting or tax rules and regulations. 

(c) Settlement of Performance Awards shall be in cash, Shares, other Awards, other property, net settlement, or any combination thereof, as
determined in the discretion of the Committee. 
 (d) A Performance Award shall not convey to a Participant the rights and privileges of a
shareholder with respect to the Share subject to such Performance Award, such as the right to vote (except as relates to Restricted Stock) or the right to receive dividends, unless and until and to the extent a Share is issued to such Participant to
settle such Performance Award. The Committee, in its sole discretion, may provide that a Performance Award shall convey the right to receive dividend equivalents on the Shares subject to such Performance Award with respect to any dividends declared
during the period that such Performance Award is outstanding, in which case, such dividend equivalent rights shall accumulate and shall be paid in cash or Shares on the settlement date of the Performance Award, subject to the Participant’s
earning of the Shares with respect to which such dividend equivalents are paid upon achievement or satisfaction of performance conditions specified by the Committee. Shares delivered upon the vesting and settlement of a Performance Award may be
evidenced in such manner as the Committee may deem appropriate, including book-entry registration. For the avoidance of doubt, unless otherwise determined by the Committee, no dividend equivalent rights shall be provided with respect to any Shares
subject to Performance Awards that are not earned or otherwise do not vest or settle pursuant to their terms. 

 (e) The Committee may, in its discretion, increase or reduce the amount of a settlement
otherwise to be made in connection with a Performance Award. 
 Section 11. Other Stock-Based Awards. The Committee is
authorized, subject to limitations under applicable law, to grant Other Stock-Based Awards. The Committee shall determine the terms and conditions of such Awards. Shares delivered pursuant to an Award in the nature of a purchase right granted under
this Section 11 shall be purchased for such consideration, and paid for at such times, by such methods and in such forms, including cash, Shares, other Awards, other property, net settlement, broker-assisted cashless exercise or any combination
thereof, as the Committee shall determine; provided that the purchase price therefor shall not be less than the Fair Market Value of such Shares on the date of grant of such right. 

Section 12. Effect of Termination of Service or a Change in Control on Awards. 

(a) The Committee may provide, by rule or regulation or in any applicable Award Agreement, or may determine in any individual case, the
circumstances in which, and the extent to which, an Award may be exercised, settled, vested, paid or forfeited in the event of a Participant’s Termination of Service prior to the end of a Performance Period or vesting, exercise or settlement of
such Award. 
 (b) Subject to the last sentence of Section 2(ii), the Committee may determine, in its discretion, whether, and the
extent to which, (i) an Award will vest during a leave of absence, (ii) a reduction in service level (for example, from full-time to part-time employment) will cause a reduction, or other change, to an Award and (iii) a leave of
absence or reduction in service will be deemed a Termination of Service. 
 (c) In the event of a Change in Control, the Committee may, in
its sole discretion, and on such terms and conditions as it deems appropriate, take any one or more of the following actions with respect to any outstanding Award, which need not be uniform with respect to all Participants and/or Awards: 

(i) continuation or assumption of such Award by the Company (if it is the surviving corporation) or by the successor or
surviving entity or its parent; 
 (ii) substitution or replacement of such Award by the successor or surviving entity or its
parent with cash, securities, rights or other property to be paid or issued, as the case may be, by the successor or surviving entity (or a parent or subsidiary thereof), with substantially the same terms and value as such Award (including any
applicable performance targets or criteria with respect thereto); 
 (iii) acceleration of the vesting of such Award and the
lapse of any restrictions thereon and, in the case of an Option or SAR Award, acceleration of the right to exercise such Award during a specified period (and the termination of such Option or SAR Award without payment of any consideration therefor
to the extent such Award is not timely exercised), in each case, either (A) immediately 

 
prior to or as of the date of the Change in Control, (B) upon a Participant’s involuntary Termination of Service (including upon a termination of the Participant’s employment by
the Company (or a successor corporation or its parent) without Cause, by a Participant for “good reason” and/or due to a Participant’s death or “disability”, as such terms may be defined in the applicable Award Agreement
and/or a Participant’s Service Agreement, as the case may be) on or within a specified period following the Change in Control or (C) upon the failure of the successor or surviving entity (or its parent) to continue or assume such Award;

 (iv) in the case of a Performance Award, determination of the level of attainment of the applicable performance
condition(s); and 
 (v) cancellation of such Award in consideration of a payment, with the form, amount and timing of such
payment determined by the Committee in its sole discretion, subject to the following: (A) such payment shall be made in cash, securities, rights and/or other property; (B) the amount of such payment shall equal the value of such Award, as
determined by the Committee in its sole discretion; provided that, in the case of an Option or SAR Award, if such value equals the Intrinsic Value of such Award, such value shall be deemed to be valid; provided further that, if
the Intrinsic Value of an Option or SAR Award is equal to or less than zero, the Committee may, in its sole discretion, provide for the cancellation of such Award without payment of any consideration therefor (for the avoidance of doubt, in the
event of a Change in Control, the Committee may, in its sole discretion, terminate any Option or SAR Awards for which the exercise or hurdle price is equal to or exceeds the per Share value of the consideration to be paid in the Change in Control
transaction without payment of consideration therefor); and (C) such payment shall be made promptly following such Change in Control or on a specified date or dates following such Change in Control; provided that the timing of such
payment shall comply with Section 409A of the Code. 
 Section 13. General Provisions Applicable to Awards. 

(a) Awards shall be granted for such cash or other consideration, if any, as the Committee determines; provided that in no event shall
Awards be issued for less than such minimal consideration as may be required by applicable law. 
 (b) Awards may, in the discretion of the
Committee, be granted either alone or in addition to or in tandem with any other Award or any award granted under any other plan of the Company. Awards granted in addition to or in tandem with other Awards, or in addition to or in tandem with awards
granted under any other plan of the Company, may be granted either at the same time as or at a different time from the grant of such other Awards or awards. 

 (c) Subject to the terms of the Plan, payments or transfers to be made by the Company upon
the grant, exercise or settlement of an Award may be made in the form of cash, Shares, other Awards, other property, net settlement, or any combination thereof, as determined by the Committee in its discretion at the time of grant, and may be made
in a single payment or transfer, in installments or on a deferred basis, in each case in accordance with rules and procedures established by the Committee. Such rules and procedures may include provisions for the payment or crediting of reasonable
interest on installment or deferred payments or the grant or crediting of dividend equivalents in respect of installment or deferred payments. 

(d) Except as may be permitted by the Committee or as specifically provided in an Award Agreement, (i) no Award and no right under any
Award shall be assignable, alienable, saleable or transferable by a Participant other than by will or pursuant to Section 13(e) and (ii) during a Participant’s lifetime, each Award, and each right under any Award, shall be exercisable
only by such Participant or, if permissible under applicable law, by such Participant’s guardian or legal representative. The provisions of this Section 13(d) shall not apply to any Award that has been fully exercised or settled, as the
case may be, and shall not preclude forfeiture of an Award in accordance with the terms thereof. 
 (e) A Participant may designate a
Beneficiary or change a previous Beneficiary designation only at such times as prescribed by the Committee, in its sole discretion, and only by using forms and following procedures approved or accepted by the Committee for that purpose. 

(f) All certificates, if any, for Shares and/or other securities delivered under the Plan pursuant to any Award or the exercise or settlement
thereof shall be subject to such stop transfer orders and other restrictions as the Committee may deem advisable under the Plan or the rules, regulations and other requirements of the Securities and Exchange Commission, any stock market or exchange
upon which such Shares or other securities are then quoted, traded or listed, and any applicable securities laws, and the Committee may cause a legend or legends to be put on any such certificates to make appropriate reference to such restrictions.

 (g) The Company will not be obligated to deliver any Shares under the Plan or remove restrictions from Shares previously delivered under
the Plan until (i) all Award conditions have been met or removed to the Committee’s satisfaction, (ii) as determined by the Committee, all other legal matters regarding the issuance and delivery of such Shares have been satisfied,
including any applicable securities laws, stock market or exchange rules and regulations or accounting or tax rules and regulations and (iii) the Participant has executed and delivered to the Company such representations or agreements as the
Committee deems necessary or appropriate to satisfy any applicable laws. The Company’s inability to obtain authority from any regulatory body having jurisdiction, which the Committee determines is necessary to the lawful issuance and sale of
any Shares, will relieve the Company of any liability for failing to issue or sell such Shares as to which such requisite authority has not been obtained. 

 (h) The Committee may impose restrictions on any Award with respect to non-competition, non-solicitation, confidentiality and other restrictive covenants, or requirements to comply with minimum share ownership requirements, as it deems necessary
or appropriate in its sole discretion, which such restrictions may be set forth in any applicable Award Agreement or otherwise. 

Section 14. Amendments and Terminations. 

(a) Amendment or Termination of the Plan. Except to the extent prohibited by applicable law and unless otherwise expressly provided in
an Award Agreement or in the Plan, the Board may amend, alter, suspend, discontinue or terminate the Plan or any portion thereof at any time; provided, however, that no such amendment, alteration, suspension, discontinuation or
termination shall be made without (i) shareholder approval if such approval is required by applicable law or the rules of the stock market or exchange, if any, on which the Shares are principally quoted or traded or (ii) subject to
Section 5(c) and Section 12, the consent of the affected Participant, if such action would materially adversely affect the rights of such Participant under any outstanding Award, except (x) to the extent any such amendment,
alteration, suspension, discontinuance or termination is made to cause the Plan to comply with applicable law, stock market or exchange rules and regulations or accounting or tax rules and regulations or (y) to impose any “clawback”
or recoupment provisions on any Awards (including any amounts or benefits arising from such Awards) in accordance with Section 18. Notwithstanding anything to the contrary in the Plan, the Committee may amend the Plan, or create sub-plans, in such manner as may be necessary or desirable to enable the Plan to achieve its stated purposes in any jurisdiction in a tax-efficient manner and in compliance
with local rules and regulations. 
 (b) Dissolution or Liquidation. In the event of the dissolution or liquidation of the Company,
each Award shall terminate immediately prior to the consummation of such action, unless otherwise determined by the Committee. 
 (c)
Terms of Awards. The Committee may waive any conditions or rights under, amend any terms of, or amend, alter, suspend, discontinue or terminate any Award theretofore granted (including by substituting another Award of the same or a different
type), prospectively or retroactively, without the consent of any relevant Participant or holder or Beneficiary of an Award; provided, however, that, subject to Section 5(c) and Section 12, no such action shall materially
adversely affect the rights of any affected Participant or holder or Beneficiary under any Award theretofore granted under the Plan, except (x) to the extent any such action is made to cause the Plan or Award to comply with applicable law,
stock market or exchange rules and regulations or accounting or tax rules and regulations, or (y) to impose any “clawback” or recoupment provisions on any Awards (including any amounts or benefits arising from such Awards) in
accordance with Section 18. The Committee shall be authorized to make adjustments in the terms and conditions of, and the criteria included in, Awards in recognition of events (including the events described in Section 5(c)) affecting the
Company, or the financial statements of the Company, or of changes in applicable laws, regulations or accounting principles, whenever the Committee determines that such adjustments are appropriate in order to prevent dilution or enlargement of the
benefits or potential benefits intended to be made available under the Plan. 

 (d) No Repricing. Except as provided in Section 5(c), the Committee may not,
without shareholder approval, seek to effect any re-pricing of any previously granted “underwater” Option, SAR or similar Award by: (i) amending or modifying the terms of the Option, SAR or
similar Award to lower the exercise price; (ii) cancelling the underwater Option, SAR or similar Award and granting either (A) replacement Options, SARs or similar Awards having a lower exercise price or (B) Restricted Shares, RSUs,
Performance Awards or Other Share-Based Awards in exchange; or (iii) cancelling or repurchasing the underwater Options, SARs or similar Awards for cash or other securities. An Option, SAR or similar Award will be deemed to be
“underwater” at any time when the Fair Market Value of the Shares covered by such Award is less than the exercise price of the Award. 

Section 15. Miscellaneous. 

(a) No Employee, Consultant, non-employee Director, Participant, or other Person shall have any claim
to be granted any Award under the Plan, and there is no obligation for uniformity of treatment of employees, Participants or holders or Beneficiaries of Awards under the Plan. The terms and conditions of Awards need not be the same with respect to
each recipient. Any Award granted under the Plan shall be a one-time Award that does not constitute a promise of future grants. The Company, in its sole discretion, maintains the right to make available future
grants under the Plan. 
 (b) The grant of an Award shall not be construed as giving a Participant the right to be retained in the employ of,
or to continue to provide services to, the Company or any Affiliate. Further, the Company or any applicable Affiliate may at any time dismiss a Participant, free from any liability, or any claim under the Plan, unless otherwise expressly provided in
the Plan or in any Award Agreement or in any other agreement binding on the parties. The receipt of any Award under the Plan is not intended to confer any rights on the receiving Participant except as set forth in the applicable Award Agreement.

 (c) No payment pursuant to the Plan shall be taken into account in determining any benefits under any severance, pension, retirement,
savings, profit sharing, group insurance, welfare or other benefit plan of the Company or any Affiliate, except to the extent otherwise expressly provided in writing in such other plan or an agreement thereunder. 

(d) Nothing contained in the Plan shall prevent the Company or any Affiliate from adopting or continuing in effect other or additional
compensation arrangements, including the grant of options and other stock-based awards, and such arrangements may be either generally applicable or applicable only in specific cases. 

(e) The Company shall be authorized to withhold from any Award granted or any payment due or transfer made under any Award or under the Plan or
from any compensation or other amount owing to a Participant the amount (in cash, Shares, other Awards, other property, net settlement, or any combination thereof) of applicable withholding taxes due in respect of an Award, its exercise or
settlement or any payment 

 or transfer under such Award or under the Plan and to take such other action (including providing for
elective payment of such amounts in cash or Shares by such Participant) as may be necessary to satisfy all obligations for the payment of such taxes and, unless otherwise determined by the Committee in its discretion, to the extent such withholding
would not result in liability classification of such Award (or any portion thereof) pursuant to FASB ASC Subtopic 718-10. 

(f) If any provision of the Plan or any Award Agreement is or becomes or is deemed to be invalid, illegal or unenforceable in any jurisdiction,
or as to any Person or Award, or would disqualify the Plan or any Award under any law deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to applicable laws, or if it cannot be so construed or deemed
amended without, in the determination of the Committee, materially altering the intent of the Plan or the Award Agreement, such provision shall be stricken as to such jurisdiction, Person or Award, and the remainder of the Plan and any such Award
Agreement shall remain in full force and effect. 
 (g) Neither the Plan nor any Award shall create or be construed to create a trust or
separate fund of any kind or a fiduciary relationship between the Company and a Participant or any other Person. To the extent that any Person acquires a right to receive payments from the Company pursuant to an Award, such right shall be no greater
than the right of any unsecured general creditor of the Company. 
 (h) No fractional Shares shall be issued or delivered pursuant to the
Plan or any Award, and the Committee shall determine whether cash or other securities shall be paid or transferred in lieu of any fractional Shares, or whether such fractional Shares or any rights thereto shall be canceled, terminated or otherwise
eliminated. 
 (i) Awards may be granted to Participants who are non-United States nationals or
employed or providing services outside the United States, or both, on such terms and conditions different from those applicable to Awards to Participants who are employed or providing services in the United States as may, in the judgment of the
Committee, be necessary or desirable to recognize differences in local law, tax policy or custom. The Committee also may impose conditions on the exercise or vesting of Awards in order to minimize the Company’s obligation with respect to tax
equalization for Participants on assignments outside their home country. 
 Section 16. Effective Date of the Plan. The Plan
shall be effective as of the Effective Date. 
 Section 17. Term of the Plan. No Award shall be granted under the Plan after the
earliest to occur of (i) the 10-year anniversary of the Effective Date; (ii) the maximum number of Shares available for issuance under the Plan have been issued; or (iii) the Board terminates
the Plan in accordance with Section 14(a). However, unless otherwise expressly provided in the Plan or in an applicable Award Agreement, any Award theretofore granted may extend beyond such date, and the authority of the Committee to amend,
alter, adjust, suspend, discontinue or terminate any such Award, or to waive any conditions or rights under any such Award, and the authority of the Board to amend the Plan, shall extend beyond such date. 

 Section 18. Cancellation or “Clawback” of
Awards. 
 (a) The Committee may specify in an Award Agreement that a Participant’s rights, payments and benefits with respect to an
Award shall be subject to reduction, cancellation, forfeiture or recoupment upon the occurrence of certain specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such events may include a Termination
of Service with or without Cause (and, in the case of any Cause that is resulting from an indictment or other non-final determination, the Committee may provide for such Award to be held in escrow or abeyance
until a final resolution of the matters related to such event occurs, at which time the Award shall either be reduced, cancelled or forfeited (as provided in such Award Agreement) or remain in effect, depending on the outcome), violation of material
policies, breach of non-competition, non-solicitation, confidentiality or other restrictive covenants, or requirements to comply with minimum share ownership
requirements, that may apply to the Participant, or other conduct by the Participant that is detrimental to the business or reputation of the Company and/or its Affiliates. 

(b) The Committee shall have full authority to implement any policies and procedures necessary to comply with Section 10D of the Exchange
Act and any rules promulgated thereunder and any other regulatory regimes. Notwithstanding anything to the contrary contained herein, any Awards granted under the Plan (including any amounts or benefits arising from such Awards) shall be subject to
any clawback or recoupment arrangements or policies the Company has in place from time to time, and the Committee may, to the extent permitted by applicable law and stock exchange rules or by any applicable Company policy or arrangement, and shall,
to the extent required, cancel or require reimbursement of any Awards granted to the Participant or any Shares issued or cash received upon vesting, exercise or settlement of any such Awards or sale of Shares underlying such Awards. 

Section 19. Section 409A of the Code. With respect to Awards subject to Section 409A of the Code, the Plan
is intended to comply with the requirements of Section 409A of the Code, and the provisions of the Plan and any Award Agreement shall be interpreted in a manner that satisfies the requirements of Section 409A of the Code, and the Plan
shall be operated accordingly. If any provision of the Plan or any term or condition of any Award would otherwise frustrate or conflict with this intent, the provision, term or condition shall be interpreted and deemed amended so as to avoid this
conflict. Notwithstanding anything in the Plan to the contrary, if the Board considers a Participant to be a “specified employee” under Section 409A of the Code at the time of such Participant’s “separation from
service” (as defined in Section 409A of the Code), and any amount hereunder is “deferred compensation” subject to Section 409A of the Code, any distribution of such amount that otherwise would be made to such Participant

 
with respect to an Award as a result of such “separation from service” shall not be made until the date that is six months after such “separation from service,” except to the
extent that earlier distribution would not result in such Participant’s incurring interest or additional tax under Section 409A of the Code. If an Award includes a “series of installment payments” (within the meaning of Section 1.409A-2(b)(2)(iii) of the Treasury Regulations), a Participant’s right to such series of installment payments shall be treated as a right to a series of separate payments and not as a right to a
single payment, and if an Award includes “dividend equivalents” (within the meaning of Section 1.409A-3(e) of the Treasury Regulations), a Participant’s right to such dividend equivalents
shall be treated separately from the right to other amounts under the Award. Notwithstanding the foregoing, the tax treatment of the benefits provided under the Plan or any Award Agreement is not warranted or guaranteed, and in no event shall the
Company be liable for all or any portion of any taxes, penalties, interest or other expenses that may be incurred by a Participant on account of non-compliance with Section 409A of the Code. 

Section 20. Successors and Assigns. The terms of the Plan shall be binding upon and inure to the benefit of the Company and any
successor entity, including any successor entity contemplated by Section 12(c). 
 Section 21. Data Protection. By
participating in the Plan, the Participant hereby acknowledges the collection, use, disclosure and processing of personal information provided by the Participant to the Company or any Affiliate, trustee or third party service provider, such as name,
account information, social security number, tax number and contact information, for the Company’s legitimate business purposes and as necessary for all purposes relating to the operation and performance of the Plan. These include, but are not
limited to: 
 (a) administering and maintaining Participant records; 

(b) providing the services described in the Plan; 

(c) providing information to future purchasers or merger partners of the Company or any Affiliate, or the business in which such Participant
works; and 
 (d) responding to public authorities, court orders and legal investigations, as applicable. 

The Company may share a Participant’s personal data with (i) Affiliates, (ii) trustees of any employee benefit trust,
(iii) registrars, (iv) brokers, (v) third party administrators of the Plan, (vi) third party service providers acting on the Company’s behalf to provide the services described above or (vii) regulators and others, as
required by law. 
 If necessary, the Company may transfer a Participant’s personal data to any of the parties mentioned above in any
country or territory that may not provide the same protection for the information as a Participant’s home country. Any transfer of a Participant’s personal data from the E.U. to a third country is subject to appropriate safeguards in the
form of EU standard contractual clauses (according to decisions 2001/497/EC, 2004/915/EC, 2010/87/EU) or applicable derogations provided for under applicable law. Further information on those safeguards or derogations can be obtained through the
contact listed below. 

 The Company will keep personal information for as long as necessary to operate the Plan or
as necessary to comply with any legal or regulatory requirements. 
 A Participant has a right to (i) request access to and
rectification or erasure of the personal data provided, (ii) request the restriction of the processing of his or her personal data, (iii) object to the processing of his or her personal data, (iv) receive the personal data provided to
the Company and transmit such data to another party, and (v) to lodge a complaint with a supervisory authority. 
 Please contact
[•], if you have any questions regarding the above information. 
 Section 22. Governing Law. The Plan and each Award Agreement
shall be governed by the laws of the State of Delaware, without application of the conflicts of law principles thereof.EX-10.7

 Exhibit 10.7 

Weber Inc. 

PERFORMANCE-BASED RESTRICTED STOCK UNIT AWARD AGREEMENT 

Grant Notice 

(For Employees) 
 This Performance-Based
Restricted Stock Unit Award Agreement (“Agreement”) is entered into by and between Weber Inc. (the “Company”) and the participant whose name appears below (the “Participant”) in order to set forth
the terms and conditions of performance-based Restricted Stock Units (the “PSUs”) granted to the Participant under the Weber Inc. Omnibus Incentive Plan (the “Plan”), which is intended to replace the award
previously granted to the Participant by Weber-Stephen Products LLC (“WSP LLC”) pursuant to the Weber-Stephen Products LLC Management Incentive Compensation Plan and the Award Notice dated as of [•] (such award, the
“Former LTIP Award”). 
 Participant’s Name: 

 

											
	 Award Type
	  	 “Date of

Grant”
	  	 Target

Number of
 PSUs
	  	 “Vesting Terms”
	  	 “Performance
Period”
	  	 “Performance
Goals”

	PSUs	  	[•]	  	[•]	  	Subject to achievement of the Performance Goals, the PSUs shall vest as of the last day of the Performance Period, subject to the Participant’s continued employment through the applicable vesting date	  	[•]	  	Are as set forth on Attachment A to the Terms and Conditions

 Subject to the attached Terms and Conditions and the terms of the Plan, which are incorporated herein by reference, the
Company hereby grants to the Participant, on the Date of Grant, the target number of PSUs, with the Vesting Terms as set forth above. Capitalized terms used but not otherwise defined herein or in the attached Terms and Conditions shall have the
meanings ascribed to such terms in the Plan. 
 IN WITNESS WHEREOF, the Company has duly executed and delivered this Agreement as of the Date of Grant. 

 

							
	WEBER INC.	  		 	PARTICIPANT
				
	By:	 	  
	  		 	  

		 	Name: [•]	  		 	Name: [•]
		 	Title: [•]	  		 	

 PLEASE RETURN ONE SIGNED COPY OF THIS AGREEMENT TO: 

Weber Inc. 

1415 S. Roselle Road 

Palatine, Illinois 60067 

Attn: [•] 

 Weber Inc. 

WEBER INC. OMNIBUS INCENTIVE PLAN 

Terms and Conditions of PSU Grant 
  

	1.	 GRANT OF PSUs. The PSUs have been granted to the Participant in replacement of the Former LTIP Award, as
an incentive for the Participant to continue to provide services to the Company and its Subsidiaries, including the Subsidiary employing the Participant (the “Employer”), and to align the Participant’s interests with those of
the Company. Each PSU corresponds to one Share. Each PSU constitutes a contingent and unsecured promise by the Company to deliver one Share on the settlement date, as set forth in Section 3. 

 

	2.	 VESTING; FORFEITURE. The PSUs shall vest in accordance with the Vesting Terms, subject to the
Participant’s continuous service with the Company and its Subsidiaries through the applicable vesting date. All unvested PSUs shall be immediately forfeited upon the Participant’s Termination of Service for any reason; provided, however,
that upon a Participant’s Termination of Service due to his or her death or Disability (as defined below), the PSUs shall be deemed to be vested as of the date of the Termination of Service, subject to attainment of the Performance Goals as of
the date of Termination of Service, as determined by the Committee. All PSUs, whether vested or unvested, shall be immediately forfeited upon (i) the Participant’s Termination of Service due to the Participant’s termination by the
Company or its Subsidiaries for Cause (as defined below), (ii) the Committee’s determination in good faith that the Participant committed any act for which he or she could have been terminated for Cause or (iii) the Participant’s
breach of any non-competition, non-solicitation, confidentiality or invention assignment covenants to which the Participant is subject with respect to WSP LLC. For the
avoidance of doubt, for purposes of this Agreement, a Participant will not be considered to be continuously and actively employed with the Employer (or an Affiliate) once he or she has stopped providing services, notwithstanding any notice period
mandated under local law (e.g., active employment would not include a period of “garden leave” or similar period pursuant to local law), unless otherwise determined by the Employer on a country-by-country basis. For purposes of this Agreement, “Disability” means that the Participant is by reason of any medically determinable physical or mental impairment that can be expected
to result in death or last for a continues period of not less than twelve (12) months either (x) unable to engage in any substantial gainful activity, or (y) receiving income replacement benefits for a period of not less than three
(3) months under an accident and health plan covering employees of the Employer. The determination of whether or not the Participant’s termination is due to “Disability” will be determined by the Committee. For purposes of this
Agreement, “Cause” means (i) the Participant’s commission of a felony or a crime involving moral turpitude, (ii) the Participant’s commission of an act which violates the policies of the Employer on
discrimination, harassment, and conflicts of interest, or repeated violation of any other material employment policy, (iii) the Participant’s commission of any act or omission involving dishonesty, disloyalty or fraud with respect to the
Company, its Subsidiaries or other Affiliates or any of their respective customers or suppliers, (iv) conduct by the Participant intentionally disparaging the Company or its Affiliates or tending to bring the Company or its Affiliates into
substantial public disgrace or disrepute, (v) repeated failure by the Participant to substantially perform his or her duties for the Employer as reasonably directed by the Board or the Chief Executive Officer of the Company, or (vi) gross
negligence or willful misconduct with respect to the Company or any Subsidiary or other Affiliate. 

  
 2 

	3.	 SETTLEMENT. Except as otherwise set forth in the Plan, the PSUs will be settled in Shares, and the
Participant shall receive the number of Shares that corresponds to the number of PSUs that have become vested as of the applicable vesting date, which Shares shall be delivered in accordance with the schedule set forth on Attachment A hereto.

  

	4.	 DIVIDEND EQUIVALENT PAYMENTS. For the period immediately following the vesting of any PSUs until the
date that such vested PSUs settle in Shares, if the Company pays a dividend on Shares, the Participant will be entitled to a payment in the same amount as the dividend the Participant would have received if he or she held Shares in respect of his or
her vested PSUs held but not previously forfeited immediately prior to the record date of the dividend (a “Dividend Equivalent”). No such Dividend Equivalents will be paid to the Participant with respect to any PSU that is
thereafter cancelled or forfeited prior to the applicable settlement date. The Committee will determine the form of payment in its sole discretion and may pay Dividend Equivalents in Shares, cash or a combination thereof. The Company will pay the
Dividend Equivalents at the same time as any corresponding dividends are paid to shareholders of the Company. 

  

	5.	 NONTRANSFERABILITY. No portion of the PSUs may be sold, assigned, transferred, encumbered, hypothecated,
or pledged by the Participant, other than to the Company as a result of forfeiture of the PSUs as provided herein, unless and until payment is made in respect of vested PSUs in accordance with the provisions hereof and the Participant has become the
holder of record of the vested Shares issuable hereunder, unless otherwise provided by the Committee. 

  

	6.	 TAX AND WITHHOLDING. Pursuant to rules and procedures that the Company or the Employer establishes,
federal, state, local or foreign income or other tax or other withholding obligations arising upon settlement of the PSUs may be satisfied, in the Committee’s sole discretion, by having the Company or the Employer withhold Shares, by having the
Participant tender Shares or by having the Company or the Employer withhold cash if the Company provides for a cash withholding option, in each case in an amount sufficient to satisfy the tax or other withholding obligations. Shares withheld or
tendered will be valued using the Fair Market Value of the Shares on the date the PSUs are settled. Any withholding or tendering of Shares shall comply with the requirements of Financial Accounting Standards Board, Accounting Standards Codification,
Topic 718, and any withholding satisfied through a net-settlement of the PSUs shall be limited to the maximum statutory withholding requirements. The Participant acknowledges that, if he or she is subject to
taxes in more than one jurisdiction, the Company or the Employer may be required to withhold or account for taxes in more than one jurisdiction. 

  

	7.	 RIGHTS AS STOCKHOLDER. The Participant will not have any rights as a stockholder in the Shares
corresponding to the PSUs prior to settlement of the PSUs. 

  

	8.	 SECURITIES LAW COMPLIANCE. The Company may, if it determines it is appropriate, affix any legend to the
stock certificates representing Shares issued upon settlement of the PSUs and any stock certificates that may subsequently be issued in substitution for the original certificates. The Company may advise the transfer agent to place a stop order
against such Shares if it determines that such an order is necessary or advisable. 

  
 3 

	9.	 COMPLIANCE WITH LAW. Any sale, assignment, transfer, pledge, mortgage, encumbrance or other disposition
of Shares issued upon settlement of the PSUs (whether directly or indirectly, whether or not for value and whether or not voluntary) must be made in compliance with any applicable constitution, rule, regulation or policy of any of the exchanges,
associations or other institutions with which the Company has membership or other privileges, and any applicable law, or applicable rule or regulation of any governmental agency, self-regulatory organization or state or federal regulatory body.

  

	10.	 CONFIDENTIALITY. 

 

	 	(a)	 The Participant agrees that the Participant will not reveal or permit the disclosure of any confidential,
nonpublic or proprietary information about the Company, its Affiliates, or their assets or business to any unauthorized person and shall not otherwise cause any such information to be made public, unless required by law, except that the Participant
may reveal such terms to the Participant’s spouse, to the Participant’s attorneys and to the Participant’s financial advisers, who shall be advised by the Participant that a confidentiality agreement exists with respect to such terms
respecting further dissemination. The foregoing confidentiality requirements shall also be applicable to the Participant’s spouse. The provisions of this Section 10 shall be deemed material terms of this Agreement and shall survive the
termination of this Agreement. 

  

	 	(b)	 Notwithstanding the foregoing, nothing herein or otherwise limits the Participant’s ability to communicate
directly with and provide information, including documents, not otherwise protected from disclosure by any applicable law or privilege to the Securities and Exchange Commission (the “SEC”), any other federal, state or local
governmental agency or commission (“Government Agency”) or self-regulatory organization regarding possible legal violations, without disclosure to the Company. The Company may not retaliate against the Participant for any of these
activities, and nothing herein or otherwise requires the Participant to waive any monetary award or other payment that the Participant might become entitled to from the SEC or any other Government Agency or self-regulatory organization. Further,
nothing herein or otherwise precludes the Participant from filing a charge of discrimination with the Equal Employment Opportunity Commission or a like charge or complaint with a state or local fair employment practice agency. 

 

	11.	 MISCELLANEOUS. 

 

	 	(a)	 No Right To Continued Employment or Service. This Agreement shall not confer upon the Participant any
right to continue in the employ or service of the Company or a Subsidiary, including the Employer, or to be entitled to any remuneration or benefits not set forth in this Agreement or the Plan nor interfere with or limit the right of the Company or
a Subsidiary, including the Employer, to modify the terms of or terminate the Participant’s employment or service at any time. 

  
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	 	(b)	 No Advice Regarding Grant. The Company is not providing any tax, legal or financial advice, nor is the
Company making any recommendations regarding the Participant’s participation in the Plan or acquisition or sale of the underlying Shares. The Participant is hereby advised to consult with his or her own personal tax, legal and financial
advisors regarding his or her participation in the Plan before taking any action related to the Plan or the PSUs. 

  

	 	(c)	 Cancellation/Clawback. The Participant hereby acknowledges and agrees that the Participant and the PSUs
are subject to the terms and conditions of Section 18 of the Plan (regarding reduction, cancellation, forfeiture or recoupment of Awards upon the occurrence of certain specified events). 

 

	 	(d)	 Plan to Govern. This Agreement and the rights of the Participant hereunder are subject to all of the
terms and conditions of the Plan as the same may be amended from time to time, as well as to such rules and regulations as the Committee may adopt for the administration of the Plan. 

 

	 	(e)	 Amendment. Subject to the restrictions set forth in the Plan, the Company may from time to time suspend,
modify or amend this Agreement or the Plan. Subject to the Company’s rights pursuant to Sections 5(c), 14 and 19 of the Plan, no amendment of the Plan or this Agreement may, without the consent of the Participant, adversely affect the rights of
the Participant in a material manner with respect to the PSUs granted pursuant to this Agreement. 

  

	 	(f)	 Severability. In the event that any provision of this Agreement shall he held illegal or invalid for any
reason, such illegality or invalidity shall not affect the remaining provisions of this Agreement, and this Agreement shall be construed and enforced as if the illegal or invalid provision had not been included. 

 

	 	(g)	 Entire Agreement. This Agreement and the Plan contain all of the understandings between the Company and
the Participant concerning the PSUs granted hereunder and supersede all prior agreements and understandings. The parties agree and acknowledge that this Agreement and the PSUs are intended to replace and supersede the Former LTIP Award, and as of
the date hereof, the Former LTIP Award shall be cancelled and have no further effect. 

  

	 	(h)	 Successors. This Agreement shall be binding upon and inure to the benefit of any successor or successors
of the Company and any person or persons who shall, upon the Participant’s death, acquire any rights hereunder in accordance with this Agreement or the Plan. 

 

	 	(i)	 Governing Law. To the extent not preempted by federal law, this Agreement shall be construed in
accordance with and governed by the laws of the State of Delaware, without regard to any conflicts or choice of law, rule or principle that might otherwise refer the interpretation of the award to the substantive law of another jurisdiction.

  
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	 	(j)	 Compliance with Section 409A of the Internal Revenue Code. The PSUs are
intended to comply with Section 409A of the Code (“Section 409A”) to the extent subject thereto, and shall be interpreted in accordance with Section 409A and treasury regulations and other interpretive
guidance issued thereunder, including without limitation any such regulations or other guidance that may be issued after the Date of Grant. The Company reserves the right to modify the terms of this Agreement, including, without limitation, the
payment provisions applicable to the PSUs, to the extent necessary or advisable to comply with Section 409A and reserves the right to make any changes to the PSUs so that the PSUs do not become deferred compensation under Section 409A.

 For purposes of this Agreement, each amount to be paid or benefit to be provided shall be construed as a separate
identified payment for purposes of Section 409A. 
 Notwithstanding any provision in the Plan or this Agreement to the contrary, if the
Participant is a “specified employee” and a payment subject to Section 409A (and not excepted therefrom) to the Participant is due upon Termination of Service, such payment shall be delayed for a period of six (6) months after
the date the Participant Terminates Service (or, if earlier, the death of the Participant). Any payment that would otherwise have been due or owing during such six-month period will be paid immediately
following the end of the six-month period unless another compliant date is specified in the applicable agreement. If the PSUs include a “series of installment payments” (within the meaning of Treas.
Reg. § 1.409A-2(b)(2)(iii)), the Participant’s right to such series of installment payments shall be treated as a right to a series of separate payments and not as a right to a single payment, and if
the PSUs include “dividend equivalents” (within the meaning of Treas. Reg. § 1.409A-3(e)), the Participant’s right to such dividend equivalents shall be treated separately from the right to
other amounts under the PSUs. 
 Notwithstanding any provision of the Plan or this Agreement to the contrary, in no event shall the Company
or an Affiliate, including the Employer, be liable to the Participant on account of failure of the PSUs to (i) qualify for favorable U.S. or foreign tax treatment or (ii) avoid adverse tax treatment under U.S. or foreign law, including,
without limitation, under Section 409A. In addition, notwithstanding anything to the contrary in this Agreement or in the Plan, the parties hereto agree that the time and form of payment of the PSUs is intended to match the time and form of
payment of the Former LTIP Award, and this Agreement shall be interpreted in a manner consistent with this intention. 

  
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