SEC Contract Filing

Filing Date: 2015-02-24

Document Content:
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<TYPE>EX-10.32
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<FILENAME>d836724dex1032.htm
<DESCRIPTION>EX-10.32
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 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>Exhibit 10.32 </B></FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Arial Narrow" SIZE="2"><B>HURON CONSULTING GROUP INC. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Arial Narrow" SIZE="2"><B>2012 OMNIBUS INCENTIVE PLAN </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Arial Narrow" SIZE="2"><B>PERFORMANCE STOCK UNIT AGREEMENT </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:3%"><FONT
STYLE="font-family:ARIAL" SIZE="2">This PERFORMANCE STOCK UNIT AGREEMENT (this &#147;<U>Agreement</U>&#148;) is made and entered into as of
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 20&nbsp;&nbsp;&nbsp;&nbsp; (the &#147;<U>Date of Grant</U>&#148;), by and between Huron Consulting Group Inc., a Delaware
corporation (&#147;<U>Huron</U>&#148;), and you (the &#147;<U>Executive</U>&#148;). This Agreement is made per the Huron Consulting Group Inc. 2012 Omnibus Incentive Plan (the &#147;<U>Plan</U>&#148;). Per Section&nbsp;23 below, the terms of the
Plan are incorporated herein by reference. Any capitalized term not defined in this Agreement shall have the meaning given to it in the Plan. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:ARIAL" SIZE="2"><B>BY
ACCEPTING THE TERMS AND CONDITIONS OF THIS AGREEMENT, YOU ARE ALSO GRANTING TO HURON AN IRREVOCABLE PROXY TO VOTE THE SHARES OF RESTRICTED STOCK ISSUED HEREUNDER UNTIL THEY VEST. FOR MORE INFORMATION SEE THE IRREVOCABLE PROXY ATTACHED AS
EXHIBIT&nbsp;A. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:3%"><FONT STYLE="font-family:ARIAL" SIZE="2">WHEREAS, the Compensation Committee of the Board of Directors (the &#147;<U>Committee</U>&#148;) has approved the
grant of performance stock units pursuant to the Plan to Executive as set forth below (which award shall constitute the grant of a Full Value Award); </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:3%"><FONT
STYLE="font-family:ARIAL" SIZE="2">NOW, THEREFORE, in consideration of the covenants and agreements herein contained, and intending to be legally bound hereby, the parties agree as follows: </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2"><U>Definitions</U>. The following capitalized terms shall have the meaning specified: </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">&#147;<U>Alternative Agreement</U>&#148; shall mean an employment agreement, senior management agreement or other written agreement describing Executive&#146;s terms of
employment with the Company. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">&#147;<U>Cause</U>&#148; shall mean the occurrence of any of the following events, as determined in the reasonable good faith judgment of Huron&#146;s Chief Executive Officer
(&#147;<U>CEO</U>&#148;): (i)&nbsp;the failure of Executive to perform his/her material duties; (ii)&nbsp;commission by Executive of an act or omission constituting a felony, fraud, moral turpitude, dishonesty with respect to the Company or that
could reasonably be expected to adversely and materially affect the Company; (iii)&nbsp;the breach or nonperformance of any material terms of an Alternative Agreement; or (iv)&nbsp;the breach of any restrictive covenants contained in an Alternative
Agreement. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">&#147;<U>Company</U>&#148; means, collectively, Huron and its Affiliates. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:ARIAL" SIZE="2">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:ARIAL" SIZE="2">&#147;<U>Earned PSUs</U>&#148; means the performance stock units that are earned in accordance with this Agreement, as described in Section&nbsp;3 hereof.
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