SEC Contract Filing

Filing Date: 2019-01-09

Document Content:
<DOCUMENT>
<TYPE>EX-10.6
<SEQUENCE>7
<FILENAME>hmi10q12012018ex106.htm
<DESCRIPTION>EXHIBIT 10.6
<TEXT>
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<div><a name="s05e17faf71164de8aecfc081efd7c1ce"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;font-weight:bold;">HERMAN MILLER, INC. 2011 LONG-TERM INCENTIVE PLAN</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;font-weight:bold;">RESTRICTED STOCK UNIT AWARD AGREEMENT</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;">This certifies that Herman Miller, Inc. (the "Company")&#160;has on </font><font style="font-family:Arial Narrow;font-size:10pt;font-weight:bold;">August 22, 2018</font><font style="font-family:Arial Narrow;font-size:10pt;">&#32;(the "Award Date"), granted to </font><font style="font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Andrea Owen</font><font style="font-family:Arial Narrow;font-size:10pt;">&#32;&#32;(the "Participant")&#160;an award (the "Award")&#160;of </font><font style="font-family:Arial Narrow;font-size:10pt;font-weight:bold;">16,383 </font><font style="font-family:Arial Narrow;font-size:10pt;">restricted stock units (the "Restricted Stock Units")&#160;pursuant to and under the Herman Miller, Inc. 2011 Long-Term Incentive Plan (the "Plan")&#160;and subject to the terms set forth in this agreement (the "Award Agreement"). A copy of the Plan Prospectus has been delivered to Participant, and a copy of the Plan is available from the Company. The Plan is incorporated into this Award Agreement by reference, and in the event of any conflict between the terms of the Plan and this Award Agreement, the terms of the Plan shall govern; provided, however, that definitions under this Award Agreement shall govern. Any capitalized terms not defined herein shall have the meaning set forth in the Plan.</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;">1.&#160;&#160;&#160;&#160;</font><font style="font-family:Arial Narrow;font-size:10pt;text-decoration:underline;">Rights of the Participant with Respect to the Restricted Stock Units</font><font style="font-family:Arial Narrow;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;padding-left:48px;text-indent:48px;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;">(a)&#160;&#160;&#160;&#160;</font><font style="font-family:Arial Narrow;font-size:10pt;text-decoration:underline;">No Shareholder Rights</font><font style="font-family:Arial Narrow;font-size:10pt;">. The Restricted Stock Units granted pursuant to this Award are not shares of Common Stock, are the contingent right to receive shares of Common Stock and do not and shall not entitle Participant to any rights of a shareholder of Common Stock. The rights of Participant with respect to the Restricted Stock Units shall remain forfeitable at all times prior to the date on which such rights become vested in accordance with Section&#160;2, 3 or 4.</font></div><div style="line-height:120%;text-align:justify;padding-left:48px;text-indent:48px;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;padding-left:48px;text-indent:48px;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;">(b)&#160;&#160;&#160;&#160;</font><font style="font-family:Arial Narrow;font-size:10pt;text-decoration:underline;">Additional Restricted Stock Units</font><font style="font-family:Arial Narrow;font-size:10pt;">. As long as Participant holds Restricted Stock Units granted pursuant to this Award, the Company shall credit to Participant, as of each date that the Company pays a Dividend (as defined below)&#160;in cash to holders of Common Stock (the "Dividend Payment Date"), an additional number of Restricted Stock Units ("Additional Restricted Stock Units")&#160;equal to:</font></div><div style="line-height:120%;text-align:justify;padding-left:48px;text-indent:48px;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;padding-left:96px;text-indent:48px;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;">(i)&#160;&#160;&#160;&#160;The total number of Restricted Stock Units and Additional Restricted Stock Units credited to Participant under this Award as of the close of business on the record date for such Dividend, multiplied by</font></div><div style="line-height:120%;text-align:justify;padding-left:96px;text-indent:48px;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;padding-left:96px;text-indent:48px;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;">(ii)&#160;&#160;&#160;&#160;The dollar amount of the Dividend paid per share of Common St