SEC Contract Filing

Filing Date: 2018-02-28

Document Content:
<DOCUMENT>
<TYPE>EX-10.8
<SEQUENCE>2
<FILENAME>d455647dex108.htm
<DESCRIPTION>EX-10.8
<TEXT>
<HTML><HEAD>
<TITLE>EX-10.8</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">EXHIBIT 10.8 </P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>MKS INSTRUMENTS, INC. </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Restricted Stock Unit Agreement </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>Granted Under the 2014 Stock Incentive Plan </U></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">AGREEMENT made <B>&laquo;Grant Date&raquo;</B> (the &#147;Grant Date&#148;), between MKS Instruments, Inc., a Massachusetts<B> </B>corporation
(the &#147;Company&#148;), and <B>&laquo;Participant Name&raquo; </B>(the &#147;Participant&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For valuable consideration, receipt
of which is acknowledged, the parties hereto agree as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1. <U>General</U>. The Company hereby grants to the Participant restricted
stock units (&#147;RSUs&#148;) with respect to the number of shares set forth in <U>Exhibit A</U> hereto (the &#147;Shares&#148;) of common stock, no par value, of the Company (&#147;Common Stock&#148;), subject to the terms and conditions set forth
in this Agreement and in the Company&#146;s 2014 Stock Incentive Plan (the &#147;Plan&#148;). The RSUs represent a promise by the Company to deliver Shares upon vesting. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) <U>Definitions</U>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(i)
&#147;Code&#148; means the U.S. Internal Revenue Code of 1986, as amended. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(ii) &#147;Determination Date&#148; (if applicable) is defined
in <U>Exhibit A</U> hereto. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(iii) &#147;Disability&#148; means disability as defined in Section&nbsp;216(i)(1) of the U.S. Social Security
Act. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(iv) &#147;Employ&#148; or &#147;employment&#148; with the Company includes employment with a parent or subsidiary of the Company as
defined in Code Section&nbsp;424(e) or (f), during the time in which such entity is a parent or subsidiary of the Company. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(v)
&#147;Forfeiture&#148; means any forfeiture of RSUs pursuant to Section&nbsp;2. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(vi) &#147;Retirement&#148; means a voluntary termination
of employment by the Participant after he or she is at least age sixty (60)&nbsp;and has at least ten (10)&nbsp;Years of Service with the Company. A Participant&#146;s termination shall not be deemed to be on account of Retirement unless he or she
provides the Company with notice of the Retirement at least sixty (60)&nbsp;days in advance of his or her proposed termination date and assists in the orderly transition of duties as requested by the Company. The Company may waive such advance
notice requirement in its sole discretion. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(vii) &#147;Vesting Date&#148; is defined on <U>Exhibit A</U> hereto. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(viii) &#147;Years of Service&#148; means the total number of years of employment since Participant&#146;s original date of employment with the
Company; provided, however, that if the Participant left or was terminated from employment with the Company and was then rehired, any previous employment period shall be included in the Years of Service only if (A)&nbsp;the Participant&#146;s
absence from employment with the Company did not exceed five (5)&nbsp;years and (B)&nbsp;the total number of days employed by the Company exceeds the total number of days that the Participant was absent from employment. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b) <U>Vesting Period</U>. Subject to the terms and conditions of this Agreement (including the Forfeiture provisions described in
Section&nbsp;2 below), the RSUs shall vest according to the terms set forth in <U>Exhibit A</U>. As soon as practicable after each applicable Vesting Date, but no later than thirty (30)&nbsp;days following the Vesting Date, the Company shall
instruct its transfer agent to deposit the Shares subject to the RSUs into the Participant&#146;s existing equity account at Fidelity Stock Plan Services, LLC, or such other broker with which the Company has established a relationship
(&#147;Broker&#148;), subject to payment in accordance with Section&nbsp;6 of all applicable [withholding]<SUP STYLE="font-size:85%; vertical-align:top">1</SUP> taxes. Notwithstanding the above, the Shares may be distributed following the date
contemplated in this Section&nbsp;1(b) solely to the extent permitted or required under Code Section&nbsp;409A and regulations thereunder (&#147;Section&nbsp;409A&#148;). </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; t