SEC Contract Filing

Filing Date: 2022-08-03

Document Content:
<DOCUMENT>
<TYPE>EX-10.6
<SEQUENCE>7
<FILENAME>spglobal2022performancesto.htm
<DESCRIPTION>EX-10.6
<TEXT>
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<title>Document</title></head><body><div id="ie49d80ea95d04b63973c78d889b70a7e_1"></div><div style="min-height:67.68pt;width:100%"><div><font><br></font></div></div><div style="margin-top:0.5pt"><font><br></font></div><div style="margin-top:4.6pt;padding-left:156.67pt;padding-right:156.67pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:underline">TERMS AND CONDITIONS OF</font></div><div style="padding-left:71.6pt;padding-right:71.6pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%;text-decoration:underline">2022 PERFORMANCE SHARE UNIT AWARD</font></div><div><font><br></font></div><div style="margin-bottom:12pt;padding-right:2.5pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:174%">This Performance Share Unit Award is made and entered into as of the date set forth on the Award Agreement cover page attached hereto (the &#8220;Award Date&#8221;) by and between S&#38;P Global Inc., a New York corporation (&#8220;S&#38;P Global&#8221; or the &#8220;Company&#8221;) and the employee named on the Award Agreement cover page (the &#8220;Participant&#8221; or &#34;you&#34;).</font></div><div style="margin-bottom:12pt;padding-right:2.5pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:174%">WHEREAS, the Company adopted the 2019 Stock Incentive Plan (the &#8220;Plan&#8221;), pursuant to which awards of Performance Share Units (the &#8220;Units&#8221;) may be granted to eligible employees of the Company and its Subsidiaries and affiliates (the &#34;Company Group&#34;)&#59;</font></div><div style="margin-bottom:12pt;padding-right:2.5pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:174%">WHEREAS, the Board of Directors of the Company (the &#8220;Board&#8221;) has designated the Compensation and Leadership Development Committee of the Board (the &#8220;Committee&#8221;) to administer the Plan&#59;</font></div><div style="margin-bottom:12pt;padding-right:2.5pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:174%">WHEREAS, the Committee has determined that the Participant should be granted a Performance Share Unit Award (the &#8220;Award&#8221;) under the Plan for the number of Units as specified on the Award Agreement cover page&#59; and</font></div><div style="margin-bottom:12pt;padding-right:2.5pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:174%">WHEREAS, the Participant is accepting the Award subject to the Terms and Conditions set forth below.</font></div><div style="margin-bottom:12pt;padding-right:2.5pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:174%">NOW, THEREFORE, the parties hereto, intending to be legally bound, agree as follows&#58;</font></div><div style="margin-bottom:12pt;padding-right:2.5pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:174%">1.</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:174%;padding-left:26pt;text-decoration:underline">Grant of Awards</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:174%">. The grant of this Award is subject to the Terms and Conditions hereinafter set forth with respect to the Units covered by this Award. Payment, if any, under the Award will be made in the number of shares of Stock corresponding to the number of Units earned hereunder, with each Unit corresponding to one share of Stock. For purposes of this Award, &#8220;Award Period&#8221; means the three consecutive calendar years beginning with the calendar year that includes the Award Date.</font></div><div style="margin-bottom:12pt;padding-right:2.5pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:174%">Upon grant of the Award, no stock or other certificate representing the Units or the shares of Stock represented thereby will be issued to or registered in the name of the Participant. The ultimate receipt of the shares of Stock by the Participant is contingent upon achievement of the EPS goal established by the Committee hereunder and the additional requirements set forth herein.</font></div><div style="height:58.32pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:4.185%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:0.6pt;padding-left:3pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:12pt;font-weight:400;line-height:100%">1</font></div></td></tr></table></div></div></div><hr style="page-break-after:always"><div style="min-height:67.68pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:12pt;padding-right:2.5pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:11pt;font-weight:400;line-height:174%">The Participant does not have an absolute right to receive a