Document:

EX-10.4

 Exhibit 10.4 

DORMAN PRODUCTS, INC. 

PERFORMANCE RESTRICTED STOCK AWARD 

This is a Performance Restricted Stock Award (this “Award”) dated
[                    ] (the “Grant Date”) from Dorman Products, Inc. (the “Company”) to
[            ] (the “Grantee”). 
 1. Award of Stock. Effective
as of the Grant Date, pursuant to the Dorman Products, Inc. 2018 Stock Option and Stock Incentive Plan (the “Plan”), the Company hereby awards the Grantee [            ] shares of
Common Stock (the “Awarded Shares”), subject to the restrictions and on the terms and conditions set forth in this Award and the Plan. 

2. Lapse of Restrictions; Vesting. 

(a) Except as provided in Paragraphs 2(b) and 2(c), the vesting of the Awarded Shares is contingent upon (i) the Company’s
achievement of the performance target(s) set forth on Exhibit A hereto (“Performance Target(s)”) during the performance period set forth on Exhibit A hereto (“Performance Period”), and (ii) the Grantee’s continued
employment with the Company and its Subsidiaries through the end of the Performance Period. Any Awarded Shares that do not become vested and nonforfeitable as provided in Exhibit A (or Paragraphs 2(b) and 2(c)) shall be forfeited. Awarded Shares
will vest and become nonforfeitable only after certification by the Committee of the achievement of the Performance Targets previously established and approved by the Committee for the Performance Period. 

(b) If the Grantee’s employment terminates prior to the last day of the Performance Period on account of death or Disability, a pro rata
portion of the Grantee’s Awarded Shares will vest and become nonforfeitable at the end of the Performance Period to the extent the Performance Target(s) for the Performance Period are met. The pro rata portion will be determined by multiplying
the Awarded Shares that would have vested at the end of the Performance Period pursuant to Section 2(a) and Exhibit A if Grantee’s employment had not terminated prior to the last day of the Performance Period by a fraction, the numerator
of which is the number of the Grantee’s completed months of service during the Performance Period and the denominator of which is the number of months in the Performance Period. Thereafter, the number of Awarded Shares vested and nonforfeitable
shall be rounded up to the nearest whole Share. 
 (c) All outstanding Awarded Shares (assuming the maximum performance level) shall become
vested immediately upon the occurrence of a Change in Control of the Company. 
 (d) If the Grantee’s employment is terminated for
Cause, whether before or after the last day of the Performance Period, the unvested Awarded Shares shall immediately be forfeited and the Grantee will have no further rights with respect to those Shares. 

(e) Except as provided above, upon the termination of the Grantee’s employment prior to the last day of the Performance Period any
unvested Awarded Shares will immediately and automatically, without any action on the part of the Company, be forfeited and the Grantee will have no further rights with respect to those Shares. 

  
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 3. Certificates. 

(a) The Company will cause the Awarded Shares to be issued in the Grantee’s name by issuance of a stock certificate or certificates. The
Company may, in lieu of issuing such a certificate, arrange for the recording of Grantee’s ownership of the Awarded Shares on a book entry recordkeeping system maintained on behalf of the Company. 

(b) While the Awarded Shares remain forfeitable, the Company will cause an appropriate stop-transfer order to be issued and to remain in effect
with respect to the Awarded Shares. As soon as practicable following the time that any Awarded Shares become nonforfeitable (and provided that appropriate arrangements have been made with the Company for the withholding or payment of any taxes that
may be due with respect to such Shares), the Company will cause that stop-transfer order to be removed. 
 (c) If any certificate is issued
in respect of Awarded Shares, that certificate will be legended as described herein and held in escrow by the Company’s Secretary or Assistant Secretary or his or her designee. In addition, the Grantee may be required to execute and deliver to
the Company a stock power with respect to those Awarded Shares. At such time as those Awarded Shares become nonforfeitable, the Company will cause a new certificate to be issued without that portion of the legend referencing the previously
applicable forfeiture conditions and will cause that new certificate to be delivered to the Grantee (again, provided that appropriate arrangements have been made with the Grantee for the withholding or payment of any taxes that may be due with
respect to such Shares). The Company may also condition delivery of certificates for Awarded Shares upon receipt from the Grantee of any undertakings that it may determine are appropriate to facilitate compliance with federal and state securities
laws. 
 4. Stock Splits, etc. If, while any of the Awarded Shares remain subject to forfeiture, there occurs any merger,
consolidation, reorganization, reclassification, recapitalization, stock split, stock dividend, or other similar change in the Common Stock, then any and all new, substituted or additional securities or other consideration to which the Grantee is
entitled by reason of the Grantee’s ownership of the Awarded Shares will be immediately subject to the stop-transfer order and escrow contemplated by Section 3, deposited with the Company and will thereafter be included in the term
“Awarded Shares” for all purposes of the Plan and this Award. 
 5. Rights of Participant. The Grantee shall have all the
rights of a shareholder with respect to such Awarded Shares, including, but not limited to, the right to vote such shares and to receive all dividends and other distributions paid with respect to them; provided however, that any cash
dividends or distributions paid on the Awarded Shares while those shares remain forfeitable will be deposited with the Company, in escrow, and distributed only when, and if, the Awarded Shares giving rise to such dividends or distributions become
nonforfeitable. 
 6. Tax Consequences. The Grantee acknowledges that the Company has not advised the Grantee regarding the
Grantee’s income tax liability in connection with the grant or vesting of the Awarded Shares or with an election under Section 83(b) of the Internal Revenue Code, as amended, with respect to the grant of the Awarded Shares. The Grantee has
reviewed with the Grantee’s own tax advisors the federal, state, local and foreign tax consequences of the transactions contemplated by this Agreement. The Grantee is relying solely on such advisors and not on any statements or representations
of the Company or any of its agents. The Grantee understands that the Grantee (and not the Company) shall be responsible for the Grantee’s own tax liability that may arise as a result of the transactions contemplated by this Award. 

  
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 WHILE THE COMPANY WILL EXERCISE REASONABLE EFFORTS TO ASSIST THE GRANTEE OR OTHERWISE FACILITATE ANY SECTION
83(b) ELECTION MADE BY THE GRANTEE WITH RESPECT TO THE AWARDED SHARES, THE GRANTEE ACKNOWLEDGES THAT IT IS THE GRANTEE’S SOLE RESPONSIBILITY AND NOT THE COMPANY’S TO FILE TIMELY ANY SECTION 83(b) ELECTION. 

7. Restriction on Transfer of Awarded Shares. Except for the forfeiture to the Company contemplated by Section 2 hereof, none of
the Awarded Shares or any beneficial interest therein shall be transferred, encumbered, pledged or otherwise alienated or disposed of in any way until they have become nonforfeitable in accordance with Section 2 of this Award. 

8. Share Legends. A legend will be placed on any certificates evidencing all the Awarded Shares, pursuant to the Plan, applicable law or
otherwise. 
 9. Award Not to Affect Employment. The Awarded Shares granted hereunder shall not confer upon the Grantee any right to
continue in service as an employee, officer or director of the Company or any subsidiary of the Company. 
 10. Miscellaneous. 

(a) The address for the Grantee to which notice, demands and other communications to be given or delivered under or by reason of the provisions
hereof shall be the address contained in the Company’s personnel records, or such other address as the Grantee may provide to the Company by written notice. 

(b) This Award may be executed in one or more counterparts all of which taken together will constitute one and the same instrument. 

(c) The validity, performance, construction and effect of this Award shall be governed by the laws of the Commonwealth of Pennsylvania, without
giving effect to principles of conflicts of law. 
 (d) The Grantee hereby irrevocably and unconditionally consents to submit to the
exclusive jurisdiction of the courts of the Commonwealth of Pennsylvania and of the United States of America, in each case located in Philadelphia, Pennsylvania, for any actions, suits or proceedings arising out of or relating to this Award and the
transactions contemplated hereby (“Litigation”) and agrees not to commence any Litigation except in any such court, and further agrees that service of process, summons, notice or document by U.S. registered mail to his respective address
shall be effective service of process for any Litigation brought against him in any such court. Each party hereby irrevocably and unconditionally waives any objection to the laying of venue of any Litigation in the courts of the Commonwealth of
Pennsylvania or of the United States of America, in each case located in Philadelphia, Pennsylvania, and hereby further irrevocably and unconditionally waives and agrees not to plead or claim in any such court that any Litigation brought in any such
court has been brought in an inconvenient forum. 

  
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 11. Repayment. This Award shall be subject to any repayment or clawback policy of the
Company that is currently in effect or that is hereinafter adopted. 
 12. Incorporation of Plan Terms. This Award is subject to the
terms and conditions of the Plan. Such terms and conditions of the Plan are incorporated into and made a part of this Award by reference. In the event of any conflicts between the provisions of this Award and the terms of the Plan, the terms of the
Plan will control. In the event, however, of any conflict between the provisions of this Award or the Plan and the provisions of an employment or change-in-control
agreement between the Company and the Grantee, the provisions of the latter shall prevail, to the extent consistent with the Plan. Capitalized terms used but not defined in this Award shall have the meanings set forth in the Plan unless the context
clearly requires an alternative meaning. 
 IN WITNESS WHEREOF, the Company has granted this Award on the day and year first above written.

  

			
	DORMAN PRODUCTS, INC.
		
	BY:	 	  

 I hereby acknowledge receipt of a copy of the forgoing Award and the Plan and, having read them hereby, signify my
understanding of, and my agreement with, their terms and conditions. I accept this Award in full satisfaction of any previously written or verbal promises made to me by the Company with respect to restricted stock grants. 

 

			
	  
	  	  

	(Name)	  	(Date)

  
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 DORMAN PRODUCTS, INC. 

PERFORMANCE RESTRICTED STOCK AWARD 

EXHIBIT A 
  

			
	 [Performance
Standard]
	  	Performance Restricted Shares Earned
	Less than [Threshold]	  	0
	[Threshold]	  	[        ]
	[Target Performance]	  	[        ]
	[Maximum] or greater	  	[        ]
	Linear Interpolation between points

 For purposes of this Award: 

(a) “Performance Standard” means [one or more of the following performance criteria, either individually, alternatively or in
any combination, applied either to the Company as a whole or to a business segment or unit, and measured either annually or cumulatively over a period of years, on an absolute basis or relative to a
pre-established target, to a previous year’s results or to a designated comparison group, in each case as specified by the Committee in the agreement evidencing the award of restricted shares:
(a) income; (b) expense; (c) operating cash flow; (d) capital spending; (e) total shareholder return, (f) growth in revenues, sales, market share, gross income, net income,
pre-tax income, pre-tax pre-bonus income, stock price, and/or earnings per share, return on assets, net assets, and/or capital,
working capital, free cash flow and/or after tax cash flow, earnings before interest and taxes (EBIT), earnings before interest, taxes, depreciation, and amortization (EBITDA); (g) return on shareholders’ equity, return on invested capital
(h) economic or shareholder value added, acquisition of assets, (i) acquisition of companies; (j) creation of new joint ventures; (k) growth in new products; (l) lower product acquisition costs and/or improvements in costs
and/or expenses; and (m) other objective financial or service-based standards relevant to the Company’s business as may be established by the Committee, subject to adjustment by the Committee to eliminate the effects of: (i) non-recurring items generally excluded from earnings per share and earnings before interest, taxes and depreciation by institutional investors or analysts when evaluating the Company’s performance,
such as one-time gains from asset sales, dispute or litigation charges or recoveries, impairment charges, acts of God, and restructuring charges, but including normal provisions for slow moving and obsolete
inventory and accounts receivable; (ii) any acquisitions, divestitures, discontinuance of business operations, or restructuring, and (iii) the cumulative effect of any accounting changes]. 

“Performance Period” means
[                        ]. 

  
 5EX-10.5

 Exhibit 10.5 

DORMAN PRODUCTS, INC. 

RESTRICTED STOCK UNIT AWARD 

This is a Restricted Stock Unit Award (this “Award”) dated
[                    ] (the “Grant Date”) from Dorman Products, Inc. (the “Company”) to
[                    ] (the “Grantee”). 

1. Grant of Restricted Stock Units. Effective as of the Grant Date, pursuant to the Dorman Products, Inc. 2018 Stock Option and Stock
Incentive Plan (the “Plan”), the Company hereby grants to the Grantee [            ] Restricted Stock Units (the “RSUs), subject to the restrictions and on the terms and
conditions set forth in this Award and the Plan. 
 2. Dividend Equivalents. 

(a) The RSUs are granted with dividend equivalent rights. If the Company declares a cash dividend on the Shares, an amount equivalent to such
dividend will be credited to an unfunded bookkeeping account with respect to each outstanding and unvested RSU (the “Dividend Equivalent Amount”) on the record date of such dividend. 

(b) The Dividend Equivalent Amount will be credited as cash, without interest, and will not be converted to Shares. The Dividend Equivalent
Amount will be payable in cash, but only upon the applicable vesting date(s) of the underlying RSUs as determined in accordance with Section 3 below, and will be cancelled and forfeited if the underlying RSUs are cancelled or forfeited as
determined in accordance with Section 3 below. 
 3. Vesting of RSUs. 

(a) The RSUs shall vest as follows: 
  

					
	 Vesting Date:
	  	Percent of Award Vested:	 
		  			
		  			
		  			

 As of each Vesting Date, Grantee shall be entitled to the delivery of Shares with respect to such RSUs. 

(b) In addition, upon a Change in Control, 100% of the unvested portion of the RSUs shall vest. 

  
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 (c) In addition, upon the Grantee’s termination of employment for any of the following
reasons, the unvested portion of the RSUs shall vest as indicated: 
 (i) 100% as of the date of Grantee’s death; or 

(ii) 100% as of the date of Grantee’s termination of employment due to Disability. 

Except as provided above, upon the termination of employment of the Grantee, any unvested RSUs will immediately and automatically, without any
action on the part of the Company, be forfeited and cancelled. 
 4. Securities Laws. The Committee may from time to time impose any
conditions on the Shares issuable with respect to RSUs as it deems necessary or advisable to comply with the then-existing requirements of the 1993 or the 1934 Act, including Rule 16b-3 (or any similar rule)
of the Securities and Exchange Commission, and to ensure that Shares are issued and resold in compliance with the 1933 Act. 
 5. Delivery
of Shares. The Company shall notify the Grantee that a Vesting Date with respect to RSUs has occurred. Within thirty (30) business days of a Vesting Date, the Company shall, without payment from the Grantee, satisfy its obligations to
(a) pay the Dividend Equivalent Amount (if any) and (b) deliver Shares issuable under the Plan by delivery of a physical certificate for Shares issuable under the Plan without any legend or restrictions, except for such restrictions as may
be imposed by the Committee, in its sole judgment, under Section 4, provided that the Dividend Equivalent Amount (if any) will not be paid and/or Shares will not be delivered to the Grantee until appropriate arrangements have been made with the
Company for the withholding of any taxes which may be due with respect to such payment of the Dividend Equivalent Amount and/or delivery of such Shares. The Company may condition delivery of certificates for Shares upon the prior receipt from the
Grantee of any undertakings which it may determine are required to assure that the certificates are being issued in compliance with federal and state securities laws. The right to payment of any fractional Shares shall be satisfied in cash, measured
by the product of the fractional amount times the Fair Market Value of a Share on the Vesting Date, as determined by the Committee. The Company may, in lieu of issuing such a certificate, arrange for the recording of Grantee’s ownership of the
Shares on a book entry recordkeeping system maintained on behalf of the Company. 
 6. Restriction on Transfer of RSUs. RSUs may not
be assigned, sold, exchanged, transferred, pledged, hypothecated or otherwise disposed of except by will or the laws of descent and distribution. 

7. Award Not to Affect Employment. The Award granted hereunder shall not confer upon Grantee any right to continue in the service as an
employee, officer or director of the Company or any subsidiary of the Company. 
 8. Miscellaneous. 

(a) The address for Grantee to which notice, demands and other communications to be given or delivered under or by reason of the provisions
hereof shall be Grantee’s address as reflected in the Company’s personnel records, or such other address as the Grantee may provide to the Company by written notice. 

  
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 (b) This Award may be executed in one or more counterparts all of which taken together will
constitute one and the same instrument. 
 (c) The validity, performance, construction and effect of this Award shall be governed by the
laws of the Commonwealth of Pennsylvania, without giving effect to principles of conflicts of law. 
 (d) The Grantee hereby irrevocably and
unconditionally consents to submit to the exclusive jurisdiction of the courts of the Commonwealth of Pennsylvania and of the United States of America, in each case located in Philadelphia, Pennsylvania, for any actions, suits or proceedings arising
out of or relating to this Award and the transactions contemplated hereby (“Litigation”) and agrees not to commence any Litigation except in any such court, and further agrees that service of process, summons, notice or document by U.S.
registered mail to his respective address shall be effective service of process for any Litigation brought against him in any such court. Each party hereby irrevocably and unconditionally waives any objection to the laying of venue of any Litigation
in the courts of the Commonwealth of Pennsylvania or of the United States of America, in each case located in Philadelphia, Pennsylvania, and hereby further irrevocably and unconditionally waives and agrees not to plead or claim in any such court
that any Litigation brought in any such court has been brought in an inconvenient forum. 
 9. Repayment. This Award shall be subject
to any repayment or clawback policy of the Company that is currently in effect or that is hereinafter adopted. 
 10. Incorporation of
Plan Terms. This Award is subject to the terms and conditions of the Plan. Such terms and conditions of the Plan are incorporated into and made a part of this Award by reference. In the event of any conflicts between the provisions of this Award
and the terms of the Plan, the terms of the Plan will control. In the event, however, of any conflict between the provisions of this Award or the Plan and the provisions of an employment or change-in-control agreement between the Company and the Grantee, the provisions of the latter shall prevail, to the extent consistent with the Plan. Capitalized terms used but not defined in this Award shall
have the meanings set forth in the Plan unless the context clearly requires an alternative meaning. 

  
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 IN WITNESS WHEREOF, the Company has granted this Award on the day and year first above written.

  

			
	DORMAN PRODUCTS, INC.
		
	BY:  	 	  

 I hereby acknowledge receipt of a copy of the forgoing Award and the Plan and, having read them hereby, signify my
understanding of, and my agreement with, their terms and conditions. I accept this Award in full satisfaction of any previously written or verbal promises made to me by the Company with respect to restricted stock unit grants. 

 

							
	  
	 		 	  
	 	
	(Name)	 		 	(Date)	 	

  
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