SEC Contract Filing

Filing Date: 2022-10-05

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>5
<FILENAME>lw-20220828xex10d4.htm
<DESCRIPTION>EX-10.4
<TEXT>
<!--Enhanced HTML document created with Toppan Merrill Bridge 9.14.0.96--><!--Created on: 10/5/2022 04:56:02 PM (UTC)--><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head><meta charset="UTF-8"><title></title></head><body><div style="margin-top:30pt;"></div><div style="max-width:100%;padding-left:10.47%;padding-right:14.7%;position:relative;"><div style="margin-top:20.9pt;min-height:29.5pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Exhibit 10.4</u></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.05;text-align:center;margin:0pt -2.5pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.05pt;">Form of Lamb Weston Holdings, Inc. Leveraged Performance Share Agreement</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.05;text-align:center;margin:0pt -2.5pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.05pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.05;text-align:center;margin:0pt -2.5pt 0pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.05pt;">NOTICE OF GRANT</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.05;text-align:center;margin:0pt -2.5pt 0pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.05pt;">PERFORMANCE SHARES </b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.05;text-align:center;margin:0pt -2.5pt 0pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.55pt;">LAMB WESTON HOLDINGS, INC. 2016 STOCK PLAN</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.05;text-align:center;margin:0pt -2.5pt 0pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.55pt;">(AS AMENDED AND RESTATED AS OF JULY 20, 2017)</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.05;text-align:justify;margin:0pt 92pt 0pt 144pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.55pt;margin-left:0pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.2pt;">Lamb Weston Holdings, Inc., a Delaware corporation (the &#8220;</font><font style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;letter-spacing:-0.2pt;">Company</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.2pt;">&#8221;), has awarded to the Participant, as identified below, the number of Performance Shares (the &#8220;</font><font style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;letter-spacing:-0.2pt;">Performance Shares</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.2pt;">&#8221;) set forth below. The Performance Shares are subject to all of the terms and conditions as set forth in this Notice of Grant (the &#8220;</font><font style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;letter-spacing:-0.2pt;">Notice</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.2pt;">&#8221;) as well as in the Company&#8217;s 2016 Stock Plan (as amended and restated as of July 20, 2017) (the &#8220;</font><font style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;letter-spacing:-0.2pt;">Plan</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.2pt;">&#8221;) and the Performance Share Agreement (the &#8220;</font><font style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;letter-spacing:-0.2pt;">Agreement</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.2pt;">&#8221;), both of which are attached hereto and incorporated in their entirety. &#160;</font><font style="font-family:'Arial','Helvetica','sans-serif';">Each Performance Share represents the right to receive one share of Stock on the Payment Date (as defined in the Agreement), subject to achievement of the Performance Targets (as defined in the Agreement) and the other terms and conditions of this award. The number of Performance Shares that may be earned, if any, may range from 50% of the Target Number of Performance Shares, if the minimum Performance Targets and other conditions are met, to 300% of the Target Number of Performance Shares (the &#8220;</font><font style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;">Maximum Number of Performance Shares</font><font style="font-family:'Arial','Helvetica','sans-serif';">&#8221;), if the maximum Performance Targets and other conditions are met. &#160;</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.2pt;">Capitalized terms not explicitly defined in this Notice but defined in the Plan or the Agreement will have the same definitions as in the Plan or the Agreement. In the event of any conflict between the terms of the Award and the Plan, the terms of the Pl