SEC Contract Filing

Filing Date: 2024-08-06

Document Content:
<DOCUMENT>
<TYPE>EX-10.7
<SEQUENCE>8
<FILENAME>exhibit1072024pb-rsuagreem.htm
<DESCRIPTION>EX-10.7
<TEXT>
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<title>Document</title></head><body><div id="i739d27a3d0a24bdb922eb7c89b1c2801_1"></div><div style="min-height:54pt;width:100%"><div style="text-align:justify"><font><br></font></div></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Executive Leadership Team</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2024 Performance-Based Restricted Stock Unit Award Agreement</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(with LTI Free Cash Flow Conversion Percentage &#38; LTI Relative Total Shareholder Return Metrics)</font></div><div style="margin-bottom:12pt;margin-top:12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NCR Corporation 2017 Stock Incentive Plan</font></div><div style="margin-top:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Congratulations on your award of performance-based restricted stock units of NCR Voyix Common Stock as part of NCR Voyix&#8217;s 2024 executive compensation program.&#160; The Compensation and Human Resources Committee of our Board of Directors approved your award in anticipation of your future contributions to the success of NCR Voyix.&#160; The award also recognizes your past performance and upholds our commitment to rewarding our higher performers. &#160;This award is an opportunity to celebrate your achievements and to continue to expand your ownership stake in NCR Voyix.</font></div><div style="text-align:justify;text-indent:36pt"><font><br></font></div><div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Your performance-based restricted stock units (&#8220;Stock Units&#8221;) are awarded (the &#8220;Award&#8221;) by NCR Voyix Corporation (&#8220;NCR Voyix&#8221; or the &#8220;Company&#8221;) under the NCR Voyix 2024 Long-Term Incentive (LTI) Program and the NCR Corporation 2017 Stock Incentive Plan as in effect on the date of this Agreement (&#8220;Plan&#8221;). See the stock page at </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">www.netbenefits.fidelity.com</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> for the number of Stock Units granted to you, your date of grant (&#8220;Grant Date&#8221;), and other Award details. Your Award is subject to the terms of this Senior Executive Team 2024 Performance-Based RSU Award Agreement (with LTI Free Cash Flow Conversion Percentage and LTI Relative Total Shareholder Return (rTSR) Metrics) and the Plan. Capitalized terms not defined in this Agreement have the meanings provided under the Plan. </font></div><div style="margin-bottom:12pt;margin-top:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;padding-left:33pt;text-decoration:underline">Grant of Stock Units</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">. </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Subject to potential adjustment as set forth in Section 2 and further subject to the other terms and conditions of this Agreement, the number of Stock Units determined under Section 2 (the &#8220;Earned Units&#8221;) will become vested and non-forfeitable on the three year anniversary of the Grant Date (the &#8220;Vesting Date&#8221;), provided that (i) the Compensation and Human Resource Committee of the NCR Voyix Board of Directors (the &#8220;Committee&#8221;) has certified that NCR Voyix has achieved the performance goals set forth on Schedule A to this Agreement (the &#8220;Performance Goals&#8221;), for the performance period set forth on Schedule A to this Agreement (the &#8220;Performance Period&#8221;) and (ii) you are continuously employed by an Employer through and until the Vesting Date. The Stock Units are referred to in this Agreement as &#8220;Vested&#8221; at the time they become vested and non-forfeitable pursuant to this Section or Section 2 or Section 4 below.</font></div><div style="margin-bottom:12pt;margin-top:12pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;padding-left:33pt;text-decoration:underline">Performance Vesting</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The number of Stock Units awarded to you (the &#8220;Target Award Number&#8221;) may be adjusted upward or downward (including to zero) depending on whether the &#8220;Performance Goals&#8221; are attained for the &#8220;Performance Period&#8221; as determined in accordance with Schedule A to this Agreement. NCR Voyix Performance will be meas