SEC Contract Filing

Filing Date: 2019-05-02

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>5
<FILENAME>extn-20190331xex104.htm
<DESCRIPTION>EXHIBIT 10.4
<TEXT>
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<div><a name="s624DDC8D4AA43DD77BD692804A0B7C0C"></a></div><div><div style="line-height:138%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></div><div><br></div><div style="line-height:120%;padding-bottom:16px;text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">Exhibit 10.4</font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;font-weight:bold;">EXTERRAN CORPORATION</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">AWARD NOTICE </font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">COMMON STOCK AWARD FOR NON-EMPLOYEE DIRECTORS</font></div><div style="line-height:138%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Exterran Corporation (the "</font><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Company</font><font style="font-family:Arial;font-size:10pt;">") has granted to you (the "</font><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Participant</font><font style="font-family:Arial;font-size:10pt;">") an Other Stock-Based Award consisting of shares of Common Stock under the Exterran Corporation 2015 Stock Incentive Plan (as may be amended from time to time, the "</font><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Plan</font><font style="font-family:Arial;font-size:10pt;">"), subject to the terms and conditions set forth in this Award Notice (the &#8220;</font><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Award Notice</font><font style="font-family:Arial;font-size:10pt;">&#8221;) and the Plan. Unless otherwise defined herein, capitalized terms used in this Award Notice shall have the respective meanings ascribed to them in the Plan. </font></div><div style="line-height:138%;padding-bottom:16px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The material terms of your Award are as follows:</font></div><div style="line-height:138%;padding-left:0px;padding-bottom:16px;text-align:justify;text-indent:48px;"><font style="padding-bottom:16px;text-align:justify;font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;padding-right:16px;">1.</font><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Award. </font><font style="font-family:Arial;font-size:10pt;">You have been granted shares of the Company&#8217;s Common Stock (the &#8220;</font><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Award</font><font style="font-family:Arial;font-size:10pt;">&#8221; or &#8220;</font><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Stock</font><font style="font-family:Arial;font-size:10pt;">") subject to these terms and conditions. </font></div><div style="line-height:138%;padding-left:0px;padding-bottom:16px;text-align:justify;text-indent:48px;"><font style="padding-bottom:16px;text-align:justify;font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;padding-right:16px;">2.</font><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Grant Date. </font><font style="font-family:Arial;font-size:10pt;font-weight:bold;">T</font><font style="font-family:Arial;font-size:10pt;">he Grant Date of your Award is the date on which this Award is approved by the Board of Directors of the Company or an appropriate committee of the Board of Directors.</font><font style="font-family:Arial;font-size:10pt;font-style:italic;">&#32;</font></div><div style="line-height:138%;padding-left:0px;padding-bottom:16px;text-align:justify;text-indent:48px;"><font style="padding-bottom:16px;text-align:justify;font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;padding-right:16px;">3.</font><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Stockholder Rights.</font><font style="font-family:Arial;font-size:10pt;font-style:italic;">&#32;</font><font style="font-family:Arial;font-size:10pt;">&#32;The Company will register the Stock in your name. You will have the right to vote your Stock and receive dividends, if any.</font></div><div style="line-height:138%;padding-left:0px;padding-bottom:16px;text-align:justify;text-indent:48px;"><font style="padding-bottom:16px;text-align:justify;font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;padding-right:16px;">4.</font><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">No Right to Continued Service. </font><font style="font-family:Arial;font-size:10pt;">&#32;Nothing contained in this Award Notice shall confer upon you any right to continued service (as a member of the Board or otherwise), or limit in any way the right of the Board to terminate or modify the terms of your service at any time.</font></div><div style="line-height:138%;padding-left:0px;padding-bottom:16px;text-align:justify;text-indent:48px;"><font style="padding-bottom:16px;text-align:justify;font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;padding-right:16px;">5.</font><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Data Privac