SEC Contract Filing

Filing Date: 2024-03-11

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>d756074dex102.htm
<DESCRIPTION>EX-10.2
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<TITLE>EX-10.2</TITLE>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.2 </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Annual EPS RSU Award </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>CBRE
G<SMALL>ROUP</SMALL>, I<SMALL>NC</SMALL>. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>A<SMALL>MENDED</SMALL> <SMALL>AND</SMALL> R<SMALL>ESTATED</SMALL> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>2019 E<SMALL>QUITY</SMALL> I<SMALL>NCENTIVE</SMALL> P<SMALL>LAN</SMALL> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>R<SMALL>ESTRICTED</SMALL> S<SMALL>TOCK</SMALL> U<SMALL>NITS</SMALL> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>G<SMALL>RANT</SMALL> N<SMALL>OTICE</SMALL> </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">CBRE Group, Inc. (the &#147;<U>Company</U>&#148;), pursuant to its Amended and Restated 2019 Equity Incentive Plan (the
&#147;<U>Plan</U>&#148;), hereby grants to the &#147;<U>Participant</U>&#148; identified below an award (the &#147;<U>Award</U>&#148;) of that number of Restricted Stock Units set forth below (the &#147;<U>Units</U>&#148;). In general, each Unit is
the right to receive one (1)&nbsp;share of the Company&#146;s Class&nbsp;A Common Stock (the &#147;<U>Shares</U>&#148;) at the time such Unit vests. This Award is subject to all of the terms and conditions set forth herein and in the Restricted
Stock Unit Agreement (the &#147;<U>Agreement</U>&#148;) and the Plan (collectively, the &#147;<U>Award Documents</U>&#148;), both of which are attached hereto and incorporated herein in their entirety. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top"><B>Grant Date:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">[Grant Date]</TD></TR>
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<TD VALIGN="top"><B>Vesting Commencement Date:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">[Grant Date]</TD></TR>
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<TD VALIGN="top"><B>Target Number of Units Subject to Award (&#147;<U>Target Award</U>&#148;):</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">[Number of Shares Granted]</TD></TR>
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<TD VALIGN="top"><B>Maximum Number of Units Subject to Award (&#147;<U>Maximum Award</U>&#148;):</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">200% of Target Award</TD></TR>
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<TD VALIGN="top"><B>Actual Award:</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The actual number of Units subject to the Award (the &#147;<U>Actual Award</U>&#148;) will be determined by the Compensation Committee of the
Company&#146;s Board of Directors (the &#147;<U>Committee</U>&#148;) based on Core EPS (as defined below) measured for fiscal year 20[ ] (the &#147;<U>Performance Period</U>&#148;), as follows:</P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4.00em; text-indent:-2.00em; font-size:10pt; font-family:Times New Roman">(i)&#8195;if the Core EPS is less than $[ ], the
Actual Award will be zero;</P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4.00em; text-indent:-2.00em; font-size:10pt; font-family:Times New Roman">(ii)&#8194;&#8201;if the Core EPS is $[ ], the Actual Award will be equal to 50% of the Target Award;</P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4.00em; text-indent:-2.00em; font-size:10pt; font-family:Times New Roman">(iii)&#8201;&#8201;if the Core EPS is more than
$[ ] but less than $[ ], the Actual Award will be equal to an amount linearly interpolated between 50% of the Target Award and the Target Award;</P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4.00em; text-indent:-2.00em; font-size:10pt; font-family:Times New Roman">(iv)&#8194;if the Core EPS is $[ ], the Actual Award will be equal to the Target Award;</P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:4.00em; text-indent:-2.00em; font-size:10p