EX-10.2
from 10-Q
4 pages
1 Aspen Technology, Inc. Board of Directors Compensation Policy Adopted October 14, 2024 Eligibility for Director Compensation Except as Set for the Below, Members of the Board of Directors (The “Board”) of Aspen Technology, Inc. (The “Company”) Receive the Compensation Described Below for Their Service on the Board. Board Members Who Also Serve as Members of Management of the Company or Emerson Electric Co. Are Not Eligible for Compensation for Their Service on the Board. Director Compensation the Company Pays an Annual Cash Retainer of $80,000 to Each Director. Payments Are Made in Advance in Equal Quarterly Installments. if a Director Joins the Board After the Beginning of a Quarter, the Director Will Receive a Pro-Rated Portion of the Annual Cash Retainer. in Addition to the Annual Cash Retainer, Board and Committee Chairs Receive Additional Annual Cash Retainers as Follows: O Board Chair - $100,000 O Audit Committee Chair - $15,000 O Human Capital Committee Chair - $15,000 O Nominating and Corporate Governance Committee Chair - $7,500 O M&A Committee Chair - $15,000 O Related Party Transaction Committees Chair – $7,500 Each Director Also Will Receive an Annual Grant of Restricted Stock Units (“Rsus”) With a Grant Date Value of $240,000 (The “Annual Rsu Award”). the Annual Rsu Award Will Be Issued on the First Trading Day of the Fiscal Year and Vest on the Last Trading Day of the Fiscal Year, Subject to Continual Service by the Director During That Period. O a Director Who Joins the Company During a Fiscal Year Will Receive a Grant Pro-Rated From the Initial Date of Appointment Through the End of the Fiscal Year. O Directors Are Responsible for All Tax Payments Resulting From the Vesting of an Annual Rsu Award. New Director Grant Each New Director Will Receive a One-Time, Initial Grant of Rsus With a Grant Date Value of $200,000 on the Fifth Trading Day After the Director Commences Their Service on the Board (The “Initial Rsu Award”)
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EX-10.9
from 10-K
9 pages
1 Aspen Technology, Inc. 2022 Omnibus Incentive Plan Notice of Grant of Performance Restricted Stock Units Aspen Technology, Inc., a Delaware Corporation (The “Company”), Hereby Grants to the Participant Named Below Performance Restricted Stock Units (“Psus”) of the Company on the Terms Set Forth Below, and Further Subject to the Terms and Conditions of the 2022 Omnibus Incentive Plan (“Plan”) and of the Performance Restricted Stock Unit Agreement Under the Plan, Copies of Which Are Attached Hereto and Incorporated Herein by Reference. the Psus Will Be Eligible to Vest in Accordance With the Vesting Schedule Set Forth Below. Participant: <participant Name> Participant Id: <emp Id> Grant Date: <grant Date> Target Number of Psus Granted: <number of Psu Awards Granted>[ntd – May Be a Target Number if Different Vesting Levels May Be Earned at Different Levels of Performance] Vesting Schedule: [To Come] by Accepting This Grant Online, I Hereby Acknowledge That I Have Read These Terms and Conditions, and Those Set Forth in the Performance Restricted Stock Unit Agreement and the Plan, and Agree to All Terms and Conditions Set Forth Herein and Therein. Participant: I Accept. <electronic Signature> <acceptance Date>
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