SEC Contract Filing

Filing Date: 2019-03-05

Document Content:
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>COVETRUS, INC. 2019 OMNIBUS INCENTIVE COMPENSATION PLAN </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>RESTRICTED STOCK UNIT AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This RESTRICTED STOCK UNIT AGREEMENT (the &#147;<U>Agreement</U>&#148;), dated as of [&#149;] (the &#147;<U>Date of Grant</U>&#148;), is
delivered by Covetrus, Inc.<B> </B>(the &#147;<U>Company</U>&#148;) to [&#149;] (the &#147;<U>Participant</U>&#148;). </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>RECITALS </U></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Covetrus, Inc. 2019 Omnibus Incentive Compensation Plan (the &#147;<U>Plan</U>&#148;) provides for the grant of restricted stock units in
accordance with the terms and conditions of the Plan. The Committee has decided to make this grant of restricted stock units as an inducement for the Participant to promote the best interests of the Company and its stockholders. This Agreement is
made pursuant to the Plan and is subject in its entirety to all applicable provisions of the Plan. Capitalized terms used herein and not otherwise defined will have the meanings set forth in the Plan. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">1. <U>Grant of Stock Units</U>. Subject to the terms and conditions set forth in this Agreement and in the Plan, the Company hereby grants the Participant
[&#149;] restricted stock units, subject to the restrictions set forth below and in the Plan (the &#147;<U>Stock Units</U>&#148;). Each Stock Unit represents the right of the Participant to receive a share of common stock of the Company
(&#147;Company Stock&#148;), an amount of cash based on the value of a share of Company Stock, or any combination of the foregoing, as determined by the Committee, if and when the specified conditions are met in Section&nbsp;3 below, and on the
applicable payment date set forth in Section&nbsp;5 below. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">2. <U>Stock Unit Account</U>. Stock Units represent hypothetical shares of Company Stock, and
not actual shares of stock. The Company shall establish and maintain a Stock Unit account, as a bookkeeping account on its records, for the Participant and shall record in such account the number of Stock Units granted to the Participant. No shares
of Company Stock shall be issued to the Participant at the time the grant is made, and the Participant shall not be, and shall not have any of the rights or privileges of, a stockholder of the Company with respect to any Stock Units recorded in the
Stock Unit account. The Participant shall not have any interest in any fund or specific assets of the Company by reason of this award or the Stock Unit account established for the Participant. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">3. <U>Vesting</U>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a) Subject to the terms of
this Section&nbsp;3, the Stock Units shall become vested according to the following schedule (each, a &#147;<U>Vesting Date</U>&#148;), provided that the Participant continues to be employed by, or provide service to, the Employer from the Date of
Grant until the applicable Vesting Date: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top" ALIGN="center"><U>Vesting Date</U></TD>
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