Document:

EX-10.1.(b)

 Exhibit 10.1(b) 
 

 
 JOHNSON CONTROLS, INC. 
 PERFORMANCE SHARE UNIT AWARD 
 Grant - Terms for Performance Share
Units 
 Johnson Controls, Inc. has adopted the 2012 Omnibus Incentive Plan to permit awards of performance share units to be made to
certain key employees of the Company or any Affiliate. The Company desires to provide incentives and potential rewards for future performance by the employee by providing the Participant with a means to acquire or to increase his/her proprietary
interest in the Company’s success. 
 Definitions. Capitalized terms used in this Award have the following meanings: 

 

	(a)	“Award” means this grant of Performance Units. 

	(b)	“Award Notice” means the Award notification delivered to the Participant. 

	(c)	“Company” means Johnson Controls, Inc., a Wisconsin corporation, or any successor thereto. 

	(d)	“Fair Market Value” means, per Share on a particular date, the closing sales price on such date on the New York Stock Exchange, or if no sales of Stock occur
on the date in question, on the last preceding date on which there was a sale on such market. 

	(e)	“Inimical Conduct” means any act or omission that is inimical to the best interests of the Company or any Affiliate as determined by the Administrator in its
sole discretion, including but not limited to: (i) violation of any employment, noncompete, confidentiality or other agreement in effect with the Company or any Affiliate, (ii) taking any steps or doing anything which would damage or
negatively reflect on the reputation of the Company or an Affiliate, or (iii) failure to comply with applicable laws relating to trade secrets, confidential information or unfair competition. 

	(f)	“Participant” means an individual selected to receive this Award. 

	(g)	“Performance Unit” or “Unit” means the right to receive one Share, to the extent the Performance Goals specified in the Summary of Terms and
Conditions delivered to the Participant are achieved. 

	(h)	“Plan” means the Johnson Controls, Inc. 2012 Omnibus Incentive Plan, as may be amended from time to time. 

	(i)	“Retirement” means
                                    .

	(j)	“Share” means a share of Stock. 

	(k)	“Stock” means the Common Stock of the Company. 

 Other capitalized terms used in this Award have the meanings given in the Plan. 
 The parties
agree as follows: 
 1.     Grant of Award. Subject to the terms and conditions of the Plan, a copy of which has been
delivered to the Participant and made a part of this Award, and to the terms and conditions of this Award, the Company grants to the Participant an award of Performance Units on the date and with respect to the number of Units specified in the Award
Notice. 
 2.     Units Earned. At the end of the performance period indicated in the Award Notice, the number of
Units earned by the Participant shall be determined as set forth in the Summary of Terms and Conditions delivered to the Participant. 

 3.     Dividend Equivalent Units. Any cash dividends or other distributions paid
or delivered with respect to the Stock for which the record date occurs on or before the settlement of the Performance Units under Section 4 below will result in a credit to a bookkeeping account for the benefit of the Participant. The credit
will be equal to the dividends or other distributions that would have been paid with respect to the Shares subject to the Performance Units had such Shares been outstanding. For U.S. domestic Participants, the account will be converted into and
settled in additional Shares issued under the Plan at the same time as the Performance Units are settled under Section 4 below; for any other Participants, the account will be paid to the Participant in cash at such time. Such account will be
subject to the same terms and conditions (including Performance Goals and risk of forfeiture) as the Performance Units to which the dividends or other distributions relate. 
 4.     Settlement of Units. Subject to any applicable deferral election under Johnson Controls, Inc. Executive Deferred Compensation Plan (or any successor plan) and to the
provisions of Section 7 below, the Company will issue a number of Shares to the Participant equal to the number of whole Units that have been earned within 90 days following the end of the performance period. 

5.     Alienation of Award. The Participant (or beneficiary) shall not have any right to assign, transfer, sell, pledge or
otherwise encumber this Award. 
 6.     No Voting Rights. The Participant shall not have any voting rights with
respect to the number of Shares underlying the Units until such Shares have been earned and issued. 
 7.     Termination
of Employment – Risk of Forfeiture. 
  

	 	a.	Retirement, Death or Disability. If, prior to the settlement of the Units, the Participant terminates employment from the Company and its Affiliates due to
Retirement on or after the last day of the calendar year following the calendar year in which the Award of Units is made, or due to death or Disability, in each case at a time when the Participant’s employment could not have been terminated for
Cause, then the Participant shall be eligible to earn a number of Units at the end of the performance period based on actual performance but prorated based on the number of days of employment during the performance period. 

Notwithstanding the foregoing, if the Participant engages in Inimical Conduct, as determined by the Administrator, the Participant’s
right to receive any Units shall automatically be forfeited as of the date of the Administrator’s determination. 
  

	 	b.	Other Termination. If the Participant’s employment terminates for any reason not described above prior to the settlement of the Units, then this Award shall
automatically be forfeited in its entirety immediately upon such termination. The Company may suspend payment or delivery of Shares (without liability for interest thereon) pending the Committee’s determination of whether the Participant was or
should have been terminated for Cause or whether the Participant has engaged in Inimical Conduct. 

 8.
    Withholding. The Participant agrees to remit to the Company any foreign, Federal, state and/or local taxes (including the Participant’s FICA obligation) required by law to be withheld with respect to the Units or
the issuance of Shares under this Award. The Company can delay the issuance of Shares or can withhold from cash or property, including cash or Shares under this Award, payable or issuable to the Participant, in the amount needed to satisfy any
withholding obligations; provided that, in the case of Shares, the amount withheld may not exceed the Participant’s minimum withholding obligations. 
 Notwithstanding anything to the contrary in this Award, if the Company or any Affiliate of the Company is required to withhold any Federal, state or local taxes or other amounts in connection with the
Award, then the Company may require the Participant to pay to the Company, in cash, promptly on demand, amounts sufficient to satisfy such tax obligations or make other arrangements satisfactory to the Company regarding the payment to the Company of
the aggregate amount of any such taxes and other amounts. 

  
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 9.     No Claim for Forfeiture. Neither the Award nor any benefit accruing to the
Participant from the Award will be considered to be part of the Participant’s normal or expected compensation or salary for any purposes, including, but not limited to, calculating any severance, resignation, termination, redundancy, dismissal,
end-of-service payments, bonuses, long-service awards, pension or retirement or welfare benefits or similar payments. Notwithstanding anything to the contrary in this Award, in no event may the Award or any benefit accruing to the Participant from
the Award be considered as compensation for, or relating in any way to, past services for the Company or any Affiliate, nor shall the Participant have at any time a legally binding right to compensation under this Award unless and until the
Committee approves, in its discretion, the number of Units earned at the completion of the performance period. In consideration of the Award, no claim or entitlement to compensation or damages shall arise from forfeiture of the Award resulting from
termination of the Participant’s employment by the Company or any Affiliate (for any reason whatsoever and whether or not in breach of local labor laws) and the Participant irrevocably releases the Company and its Affiliates from any such claim
that may arise. If, notwithstanding the foregoing, any such claim is found by a court of competent jurisdiction to have arisen, then, by accepting the grant, the Participant shall have been deemed irrevocably to have waived any entitlement to pursue
such claim. 
 10.     Electronic Delivery. The Company or its Affiliates may, in its or their sole discretion, decide
to deliver any documents related to current or future participation in the Plan or related to this Award by electronic means. The Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan
through an on-line or electronic system established and maintained by the Company or a third party designated by the Company. The Participant hereby agrees that all on-line acknowledgements shall have the same force and effect as a written
signature. 
 11.     Securities Compliance. The Company may place a legend or legends upon the certificates for
Shares issued under the Plan and may issue “stop transfer” instructions to its transfer agent in respect of such Shares as it determines to be necessary or appropriate to (a) prevent a violation of, or to obtain an exemption from, the
registration requirements of the Securities Act of 1933, as amended, applicable state securities laws or other legal requirements, or (b) implement the provisions of the Plan, this Award or any other agreement between the Company and the
Participant with respect to such Shares. 
 12.     Successors. All obligations of the Company under this Award shall
be binding on any successor to the Company. The terms of this Award and the Plan shall be binding upon and inure to the benefit of the Participants and his or her heirs, executors, administrators or legal representatives. 

13.     Legal Compliance. The granting of this Award and the issuance of Shares under this Award shall be subject to all
applicable laws, rules, and regulations and to such approvals by any governmental agencies or national securities exchanges as may be required. 

14.     Governing Law; Arbitration. This Award and the rights and obligations hereunder shall be governed by and construed in
accordance with the internal laws of the State of Wisconsin. Arbitration will be conducted per the provisions in the Plan. 

15.     Data Privacy and Sharing. As a condition of the granting of the Award, the Participant acknowledges and agrees that it
is necessary for some of the Participant’s personal identifiable information to be provided to certain employees of the Company, the third party data processor that administers the Plan and the Company’s designated third party broker in
the United States. These transfers will be made pursuant to a contract that requires the processor to provide adequate levels of protection for data privacy and security interests in accordance with the EU Data Privacy Directive 95/46 EC and the
implementing legislation of the Participant’s home country. By accepting the Award, the Participant acknowledges having been informed of the processing of the Participant’s personal identifiable information described in the preceding
paragraph and consents to the Company collecting and transferring to the Company’s Shareholder Services Department, and its independent benefit plan administrator and third party broker, the Participant’s personal data that are necessary
to administer the Award and the Plan. The Participant understands that his or her personal information may be transferred, processed and stored outside of the Participant’s home country in a country that may not have the same data protection
laws as his or her home country, for the purposes mentioned in this Award. 

  
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 This Award, the Award Notice, the Summary of Terms and Conditions delivered to the Participant and any other
documents expressly referenced in this Award contain all of the provisions applicable to the Award and no other statements, documents or practices may modify, waive or alter such provisions unless expressly set forth in writing, signed by an
authorized officer of the Company and delivered to the Participant. 
 The Company has caused this Award to be executed by one of its authorized
officers as of the date of grant. 
 JOHNSON CONTROLS, INC. 

 
 

 
 Jerome D. Okarma 
 Vice President, Secretary and General Counsel 

  
 - 4 -EX-10.1.(c)

 Exhibit 10.1(c) 
 

 
 JOHNSON CONTROLS, INC. 
 RESTRICTED STOCK OR RESTRICTED STOCK UNIT AWARD 
 Grant - Terms for
Restricted Stock and Restricted Stock Units 
 Johnson Controls, Inc. has adopted the 2012 Omnibus Incentive Plan to permit awards of
restricted stock or restricted stock units to be made to certain key employees of the Company or any Affiliate. The Company desires to provide incentives and potential rewards for future performance by the employee by providing the Participant with
a means to acquire or to increase his/her proprietary interest in the Company’s success. 
 Definitions. Capitalized terms used in
this Award have the following meanings: 
  

	 	(a)	“Award” means this grant of Restricted Stock and/or Restricted Stock Units. 

	 	(b)	“Award Notice” means the Award notification delivered to the Participant. 

	 	(c)	“Company” means Johnson Controls, Inc., a Wisconsin corporation, or any successor thereto. 

	 	(d)	“Fair Market Value” means, per Share on a particular date, the closing sales price on such date on the New York Stock Exchange, or if no sales of Stock occur
on the date in question, on the last preceding date on which there was a sale on such market. 

	 	(e)	“Inimical Conduct” means any act or omission that is inimical to the best interests of the Company or any Affiliate as determined by the Administrator in its
sole discretion, including but not limited to: (i) violation of any employment, noncompete, confidentiality or other agreement in effect with the Company or any Affiliate, (ii) taking any steps or doing anything which would damage or
negatively reflect on the reputation of the Company or an Affiliate, or (iii) failure to comply with applicable laws relating to trade secrets, confidential information or unfair competition. 

	 	(f)	“Participant” means the individual selected to receive this Award. 

	 	(g)	“Plan” means the Johnson Controls, Inc. 2012 Omnibus Incentive Plan, as may be amended from time to time. 

	 	(h)	“Restriction Period” means the length of time indicated in the Award Notice (as defined below) during which the Participant cannot sell, transfer, pledge,
assign or otherwise encumber the Restricted Stock or Restricted Stock Units subject to this Award, as specified in the Award Notice. 

	 	(i)	“Restricted Stock” means a Share that is subject to a risk of forfeiture and the Restriction Period. 

	 	(j)	“Restricted Stock Unit” means the right to receive a payment, in cash or Shares, equal to the Fair Market Value of one Share, that is subject to a risk of
forfeiture and the Restriction Period. 

	 	(k)	“Retirement” means
                                . 

	 	(l)	“Share” means a share of Stock. 

	 	(m)	“Stock” means the Common Stock of the Company. 

 Other capitalized terms used in this Award have the meanings given in the Plan. 
 The parties agree
as follows: 
 1.     Grant of Award. Subject to the terms and conditions of the Plan, a copy of which has been
delivered to the Participant and made a part of this Award, and to the terms and conditions of this Award, the Company grants to the Participant an award of Restricted Stock or Restricted Stock Units, as specified in the Award Notice, on the date
and with respect to the number of Shares specified in the Award Notice. 

 2.     Restricted Shares. If the Award is in the form of Shares of Restricted
Stock, the Shares are subject to the following terms: 
  

	 	a.	Restriction Period. The Company will hold the Shares in escrow for the Restriction Period. During this period, the Shares shall be subject to forfeiture
as provided in Section 4. 

  

	 	b.	Removal of Restrictions. Subject to any applicable deferral election under the Johnson Controls, Inc. Executive Deferred Compensation Plan (or any successor
plan) and to Section 4 below, Shares that have not been forfeited shall become available to the Participant after the last day of the Restriction Period upon payment in full of all taxes due with respect to such Shares.

  

	 	c.	Voting Rights. During the Restriction Period, the Participant may exercise full voting rights with respect to the Shares. 

 

	 	d.	Dividends and Other Distributions. Any cash dividends or other distributions paid or delivered with respect to Shares of Restricted Stock for which the record
date occurs on or before the last day of the Restriction Period will be credited to a bookkeeping account for the benefit of the Participant. For U.S. domestic Participants, the account will be converted into and settled in additional Shares issued
under the Plan at the end of the applicable Restriction Period; for all other Participants, the account will be paid to the Participant in cash at the end of the applicable Restriction Period. Prior to the end of the Restriction Period, such account
will be subject to the same terms and conditions (including risk of forfeiture) as the Shares of Restricted Stock to which the dividends or other distributions relate. 

 3.     Restricted Stock Units. If the Award is in the form of Restricted Stock Units, the Restricted Stock Units are subject to the following terms: 

 

	 	a.	Restriction Period. During the Restriction Period, the Restricted Stock Units shall be subject to forfeiture as provided in Section 4.

  

	 	b.	Settlement of Restricted Stock Units. Subject to any applicable deferral election under the Johnson Controls, Inc. Executive Deferred Compensation Plan (or any
successor plan thereto) and to Section 4 below, the Restricted Stock Units shall be settled by, for U.S. domestic Participants, payment of one Share per Restricted Stock Unit or, for all other Participants, payment of cash equal to the Fair
Market Value of one Share per Restricted Stock Unit, in each case after the last day of the Restriction Period and upon payment in full of all taxes due with respect to such Restricted Stock Units. 

 

	 	c.	Dividend Equivalent Units. Any cash dividends or other distributions paid or delivered with respect to the Stock for which the record date occurs on or before
the last day of the Restriction Period will result in a credit to a bookkeeping account for the benefit of the Participant. The credit will be equal to the dividends or other distributions that would have been paid with respect to the Shares subject
to the Restricted Stock Units had such Shares been outstanding. For U.S. domestic Participants, the account will be converted into and settled in additional Shares issued under the Plan at the end of the applicable Restriction Period; for all other
Participants, the account will be paid to the Participant in cash at the end of the applicable Restriction Period. Prior to the end of the Restriction Period, such account will be subject to the same terms and conditions (including risk of
forfeiture) as the Restricted Stock Units to which the dividends or other distributions relate. 

 4.
    Termination of Employment – Risk of Forfeiture. 
  

	 	a.	 Retirement. If the Participant terminates employment from the Company and its Affiliates due to Retirement on or after the last day of the
calendar year following the calendar year in which this Award is made, and at a time when the Participant could not have been 

  
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terminated for Cause, then any remaining Restriction Period shall continue as if the Participant continued in active employment. If the Participant engages in Inimical Conduct after his
Retirement, as determined by the Administrator, any Restricted Stock and/or Restricted Stock Units still subject to a Restriction Period shall automatically be forfeited as of the date of the Administrator’s determination.

  

	 	b.	Death or Disability. If the Participant’s employment with the Company and its Affiliates terminates because of death or Disability at a time when the
Participant could not have been terminated for Cause, or if the Participant dies after Retirement while this Award is still subject to the Restriction Period, any remaining Restriction Period shall automatically lapse as of the date of such
termination of employment or death, as applicable; provided that, if the Participant’s employment with the Company and its Affiliates terminates because of Disability after the Participant reaches eligibility for Retirement (regardless of
whether the Participant has retired), then the Restriction Period shall continue as if the Participant had terminated due to Retirement under Section 4(a) above. 

 

	 	c.	Other Termination. If the Participant’s employment terminates for any reason not described above, then any Shares of Restricted Stock or any Restricted
Stock Units (and all deferred dividends paid or credited thereon) still subject to the Restriction Period as of the date of such termination shall automatically be forfeited and returned to the Company. In the event of the Participant’s
involuntary termination of employment by the Company or an Affiliate for other than Cause, the Administrator may waive the automatic forfeiture of any or all such Shares of Restricted Stock or Restricted Stock Units (and all deferred dividends or
other distribution paid or credited thereon) and may add such new restrictions to such Restricted Stock or Restricted Stock Units as it deems appropriate. The Company may suspend payment or delivery of Shares (without liability for interest thereon)
pending the Administrator’s determination of whether the Participant was or should have been terminated for Cause or whether the Participant has engaged in Inimical Conduct. 

 5.     Withholding. The Participant agrees to remit to the Company any foreign, Federal, state and/or local taxes (including the Participant’s FICA obligation) required by
law to be withheld with respect to the issuance of Shares under this Award, the vesting of this Award or the payment of cash under this Award. Notwithstanding anything to the contrary in this Award, if the Company or any Affiliate of the Company is
required to withhold any Federal, state or local taxes or other amounts in connection with the Award, then the Company may require the Participant to pay to the Company, in cash, promptly on demand, amounts sufficient to satisfy such tax obligations
or make other arrangements satisfactory to the Company regarding the payment to the Company of the aggregate amount of any such taxes and other amounts. Alternatively, the Company can withhold Shares no longer restricted, or can withhold from cash
or property, including cash or Shares under this Award, payable or issuable to the Participant, in the amount needed to satisfy any withholding obligations; provided that, in the case of Shares, the amount withheld may not exceed the
Participant’s minimum withholding obligations. 
 6.     No Claim for Forfeiture. Neither the Award nor any
benefit accruing to the Participant from the Award will be considered to be part of the Participant’s normal or expected compensation or salary for any purposes, including, but not limited to, calculating any severance, resignation,
termination, redundancy, dismissal, end-of-service payments, bonuses, long-service awards, pension or retirement or welfare benefits or similar payments. In no event may the Award or any benefit accruing to the Participant from the Award be
considered as compensation for, or relating in any way to, past services for the Company or any Affiliate. In consideration of the Award, no claim or entitlement to compensation or damages shall arise from forfeiture of the Award resulting from
termination of the Participant’s employment by the Company or any Affiliate (for any reason whatsoever and whether or not in breach of local labor laws) and the Participant irrevocably releases the Company and its Affiliates from any such claim
that may arise. If, notwithstanding the foregoing, any such claim is found by a court of competent jurisdiction to have arisen, then, by accepting the grant, the Participant shall have been deemed irrevocably to have waived any entitlement to pursue
such claim. 

  
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 7.     Electronic Delivery. The Company or its Affiliates may, in its or their
sole discretion, decide to deliver any documents related to current or future participation in the Plan or related to this Award by electronic means. The Participant hereby consents to receive such documents by electronic delivery and agrees to
participate in the Plan through an on-line or electronic system established and maintained by the Company or a third party designated by the Company. The Participant hereby agrees that all on-line acknowledgements shall have the same force and
effect as a written signature. 
 8.     Securities Compliance. The Company may place a legend or legends upon the
certificates for Shares issued under the Plan and may issue “stop transfer” instructions to its transfer agent in respect of such Shares as it determines to be necessary or appropriate to (a) prevent a violation of, or to obtain an
exemption from, the registration requirements of the Securities Act of 1933, as amended, applicable state securities laws or other legal requirements, or (b) implement the provisions of the Plan, this Award or any other agreement between the
Company and the Participant with respect to such Shares. 
 9.     Successors. All obligations of the Company under
this Award shall be binding on any successor to the Company. The terms of this Award and the Plan shall be binding upon and inure to the benefit of the Participant, and his or her heirs, executors, administrators or legal representatives.

 10.     Legal Compliance. The granting of this Award and the issuance of Shares under this Award shall be subject
to all applicable laws, rules, and regulations and to such approvals by any governmental agencies or national securities exchanges as may be required. 
 11.     Governing Law; Arbitration. This Award and the rights and obligations hereunder shall be governed by and construed in accordance with the internal laws of the State of
Wisconsin. Arbitration will be conducted per the provisions in the Plan. 
 12.     Data Privacy and Sharing. As a
condition of the granting of the Award, the Participant acknowledges and agrees that it is necessary for some of the Participant’s personal identifiable information to be provided to certain employees of the Company, the third party data
processor that administers the Plan and the Company’s designated third party broker in the United States. These transfers will be made pursuant to a contract that requires the processor to provide adequate levels of protection for data privacy
and security interests in accordance with the EU Data Privacy Directive 95/46 EC and the implementing legislation of the Participant’s home country. By accepting the Award, the Participant acknowledges having been informed of the processing of
the Participant’s personal identifiable information described in the preceding paragraph and consents to the Company collecting and transferring to the Company’s Shareholder Services Department, and its independent benefit plan
administrator and third party broker, the Participant’s personal data that are necessary to administer the Award and the Plan. The Participant understands that his or her personal information may be transferred, processed and stored outside of
the Participant’s home country in a country that may not have the same data protection laws as his or her home country, for the purposes mentioned in this Award. 
 This Award, the Award Notice and any other documents expressly referenced in this Award contain all of the provisions applicable to the Award and no other statements, documents or practices may modify,
waive or alter such provisions unless expressly set forth in writing, signed by an authorized officer of the Company and delivered to the Participant. 

  
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 The Company has caused this Award to be executed by one of its authorized officers as of the date of grant.

 JOHNSON CONTROLS, INC. 
  

 
 Jerome D. Okarma 
 Vice President, Secretary and General Counsel 

  
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