EX-10.5
Novelis Inc.
NOVELIS INC.
FY2027 LONG-TERM INCENTIVE PLAN
CASH-BASED PERFORMANCE UNIT GRANT NOTICE
Novelis Inc., a corporation organized under the laws of Canada (the “Company”), pursuant to its FY2027 Long-Term Incentive Plan, as may be amended from time to time (the “Plan”), hereby grants to Participant the number of cash-based performance units (“PUs”) set forth below. Each PU represents the right to receive a cash payment upon vesting and subject to the achievement of each of the performance conditions set forth in Exhibit 2 attached hereto (the “Performance Goals”) over the Performance Period. This Award is subject to all of the terms and conditions as set forth in this Cash-Based Performance Unit Grant Notice (this “Notice”), in the corresponding Cash-Based Performance Unit Agreement and the Plan, which are attached hereto and incorporated herein in their entirety. Capitalized terms not explicitly defined herein but defined in the Plan or the Cash-Based Performance Unit Agreement will have the same definitions as in the Plan or the Cash-Based Performance Unit Agreement. If there is any c
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