SEC Contract Filing

Filing Date: 2025-02-24

Document Content:
<DOCUMENT>
<TYPE>EX-10.(F)(56)
<SEQUENCE>15
<FILENAME>xrx-123124xex10f56psueltip.htm
<DESCRIPTION>EX-10.(F)(56)
<TEXT>
<html><head>
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<title>Document</title></head><body><div id="iafde8c1f4abe4c89baad0339947ec997_1"></div><div style="min-height:33.12pt;width:100%"><div><font><br></font></div><div><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PSU ELTIP 3 Year CEO COO (2025) </font></div><div style="text-align:right"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">EXHIBIT 10(f)(56)</font></div><div><font><br></font></div></div><div style="padding-left:151.2pt;padding-right:151.2pt;text-align:center;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">ELTIP PERFORMANCE SHARE UNIT </font></div><div style="padding-left:151.2pt;padding-right:151.2pt;text-align:center;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">AWARD AGREEMENT FOR CEO AND COO </font></div><div style="padding-left:151.2pt;padding-right:151.2pt;text-align:center;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">PURSUANT TO</font></div><div style="padding-left:18.45pt;padding-right:18.45pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">XEROX HOLDINGS CORPORATION </font></div><div style="padding-left:18.45pt;padding-right:18.45pt;text-align:center"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">2024 EQUITY AND PERFORMANCE INCENTIVE PLAN</font></div><div style="margin-top:0.55pt"><font><br></font></div><div style="padding-left:34pt;padding-right:6.9pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">AGREEMENT, by Xerox Holdings Corporation, a New York corporation (the &#8220;Company&#8221;), dated </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">&#60;&#60;Grant Date&#62;&#62;, </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(the &#8220;Grant Date&#8221;) in favor of </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">&#60;&#60;First Name&#62;&#62; &#60;&#60;Last Name&#62;&#62; </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">(&#8220;Employee&#8221;), who is an employee of the Company or of a subsidiary or affiliate thereof (collectively, the &#8220;Employer&#8221;).</font></div><div style="margin-top:0.4pt"><font><br></font></div><div style="padding-left:34pt;padding-right:6.8pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">In accordance with the provisions of the Xerox Holdings Corporation 2024 Equity and Performance Incentive Plan and any amendments and&#47;or restatements thereof (the &#8220;Plan&#8221;), the Compensation and Human Capital Committee of the Board of Directors of the Company (the &#8220;Committee&#8221;) has authorized the execution and delivery of this Agreement. The operation of this Agreement is conditioned upon its acceptance by Employee as described below.</font></div><div style="margin-top:9pt;padding-left:34pt;text-align:justify"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Terms not defined herein shall have the meanings assigned to them in the Plan.</font></div><div style="margin-top:9pt;padding-left:33.95pt;padding-right:9.4pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration the Company agrees as follows&#58;</font></div><div style="margin-top:9pt;padding-left:34pt;padding-right:6.9pt;text-align:justify;text-indent:0.35pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">1.</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%;padding-left:30.15pt;text-decoration:underline">Award of Performance Share Units</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">. Subject to all terms and conditions of the Plan and this Agreement, the Company hereby awards to Employee, as of the Grant Date, &#60;&#60;</font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:120%">Granted Shares&#62;&#62; </font><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Performance Share Units (each a &#8220;PSU&#8221; and collectively, &#8220;PSUs&#8221;). Notwithstanding anything herein to the contrary, only an active employee or an employee on Short-Term Disability Leave, Social Service Leave, Family Medical Leave or Paid Uniform Services Leave (in each case, pursuant to the Company&#8217;s Human Resources Policies or similar policies of the Company&#8217;s subsidiaries or affiliates) on the Grant Date is eligible to receive this award. The PSUs represent an unfunded, unsecured right to receive shares of Common Stock of the Company, subject to all terms and conditions of the Plan and this Agreement.</font></div><div style="margin-top:9pt;padding-left:34pt;padding-right:6.95pt;text-align:justify;text-indent:0.35pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-h