SEC Contract Filing

Filing Date: 2018-05-09

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>exhibit102q12018.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
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<div><a name="sd6d185656d1c44d6a759554e865b49b1"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Exhibit 10.2</font></div><div style="line-height:120%;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-bottom:16px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">PSU Award Terms</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">GROUPON, INC. 2011 INCENTIVE PLAN</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">FORM OF NOTICE OF PERFORMANCE SHARE UNIT AWARD</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">GRANT NUMBER: [________] PSUs (at Target)</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">The Participant (as defined herein) has been granted a Full Value Award of performance share units ("PSUs") in Groupon, Inc. (the "Company"), subject to the terms and conditions of the Performance Share Unit Award Agreement (the "Agreement") and the Groupon, Inc. 2011 Incentive Plan, as amended (the "Plan"), as set forth below. Capitalized terms in this Notice of Performance Share Unit Award (this "Notice"), unless otherwise defined herein, shall have the meanings assigned to them in the Plan.</font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;padding-left:48px;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:48px;"><font style="padding-bottom:8px;padding-top:8px;text-align:justify;font-family:inherit;font-size:12pt;padding-right:48px;">1.</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Name</font><font style="font-family:inherit;font-size:12pt;">: [____________] (the "Participant")</font></div><div style="line-height:120%;padding-left:48px;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:48px;"><font style="padding-bottom:8px;padding-top:8px;text-align:justify;font-family:inherit;font-size:12pt;padding-right:48px;">2.</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Address</font><font style="font-family:inherit;font-size:12pt;">: [________]</font></div><div style="line-height:120%;padding-left:48px;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:48px;"><font style="padding-bottom:8px;padding-top:8px;text-align:justify;font-family:inherit;font-size:12pt;padding-right:48px;">3.</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Grant Date</font><font style="font-family:inherit;font-size:12pt;">: [____]</font></div><div style="line-height:120%;padding-left:48px;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:48px;"><font style="padding-bottom:8px;padding-top:8px;text-align:justify;font-family:inherit;font-size:12pt;padding-right:48px;">4.</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Performance Period:</font><font style="font-family:inherit;font-size:12pt;">&#32;the one-year period commencing on January 1, 2018 and ending on December 31, 2018 (the "Performance Period").</font></div><div style="line-height:120%;padding-left:48px;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:48px;"><font style="padding-bottom:8px;padding-top:8px;text-align:justify;font-family:inherit;font-size:12pt;padding-right:48px;">5.</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Performance Measures; Vesting</font><font style="font-family:inherit;font-size:12pt;">: </font></div><div style="line-height:120%;padding-left:96px;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:36px;"><font style="padding-bottom:8px;padding-top:8px;text-align:justify;font-family:inherit;font-size:12pt;padding-right:30px;">(a)</font><font style="font-family:inherit;font-size:12pt;">Subject to achievement of the performance conditions below in this Section 5, the amount of PSUs earned, if any, shall vest as follows on the following dates if the Participant continuously provides material services to the Company, whether as an officer, director, employee, consultant, independent contractor or agent (in "Continued Service Status") through such dates (unless otherwise indicated): ____% of the PSUs on the date the Committee certifies attainment of the Performance Measures following the end of the Performance Period, subject to the Participant being in Continued Service Status through the end of the Performance Period; [ ____% of the PSUs on January 2, 2020; ____% of the PSUs on January 2, 2021; ____% of the PSUs on January 2, 2022.][; and ______% of the PSUs on January 2, 2023.] (each a &#8220;Vesting Date.&#8221;).</font></div><div style="line-height:120%;padding-left:96px;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:36px;"><font style="padding-bottom:8px;padding-top:8px;