Anheuser-Busch Companies, Inc. 2008 Restricted Stock Award Notice for Non-Employee Directors

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This letter notifies a non-employee director of Anheuser-Busch Companies, Inc. that they have been granted restricted stock under the company's 2008 Long-Term Equity Incentive Plan. The recipient agrees to the plan's terms, appoints BNY Mellon as agent to hold the shares, and acknowledges that the shares are subject to vesting and forfeiture conditions. Once restrictions lapse, the unrestricted shares will be delivered to the director. The agreement outlines key obligations and procedures for managing the awarded stock.

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EX-10.34 2 ex10p34.htm ex10p34.htm

Exhibit 10.34

May ___, 2008


Dear _______:


Re:     Notice of Restricted Stock Award under Anheuser-Busch Companies, Inc.
2008 Long-Term Equity Incentive Plan for Non-Employee Directors


Under the terms of the Company’s 2008 Long-Term Equity Incentive Plan for Non-Employee Directors, and in accordance with your previous election or deemed election, you have been awarded the following shares of Restricted Stock:

Restricted Stock Awarded
 
 
  
 
Award Date
 
  
Vesting Date
(date when Restricted Stock becomes non-forfeitable and freely transferable)
  

These Deferred Stock Units are subject to the terms and conditions provided in the Plan.
 
By signing and returning this Award Letter to me, you acknowledge and agree (i) to be bound by all of the terms, provisions and limitations of the Plan, (ii) that you appoint BNY Mellon Shareowner Services (“Mellon”) as agent for the purpose of receiving the Restricted Stock awarded to you, (iii) that you direct Mellon to hold the Restricted Stock in book entry form under the terms and conditions of the Plan, (iv) that the transfer of the Restricted Stock to Mellon constitutes the legal equivalent of delivery to you, and (v) that Mellon shall be empowered to take any action necessary to retransfer to the Company any shares of forfeited Restricted Stock pursuant to the terms of the Plan.
 
My office will keep track of the Restricted Stock awarded to you under the Plan.  As soon as practicable after the lapse of restrictions set forth in the Plan (and subject to applicable tax withholding, if any), we will send the certificates for the unrestricted shares to you. 

 
 
 


If you need information about the Deferred Stock Units, or if you need additional copies of the Plan, the Plan Prospectus, or other documents, please contact me at (314)  ###-###-#### or Laura Reeves at ###-###-####.
 
Very truly yours,







Acknowledged and Agreed:
 

                                                                                                                            
 

 
Date:                                                        
 
 


Enclosures