Aqua America Inc. Restricted Stock Unit Grant Agreement (February 27, 2014)
Aqua America Inc. has granted restricted stock units to an individual under its 2009 Omnibus Equity Compensation Plan. The grant was made on February 27, 2014, and all units will vest in full on February 27, 2017, provided the recipient meets the plan's conditions. By signing, the recipient agrees to the terms of the grant, the attached terms and conditions, and the plan, and accepts that all decisions by the plan's committee are final and binding.
Exhibit 10.50
RESTRICTED STOCK UNIT GRANT
February 27, 2014
Dear:
Pursuant to the terms and conditions of the Aqua America Inc. 2009 Omnibus Equity Compensation Plan, as amended and restated (the “Plan”), you have been granted restricted stock units as outlined below and in the attached Restricted Stock Unit Grant Terms and Conditions.
| Granted To: |
|
| Grant Date: | February 27, 2014 |
| Number of Restricted Stock Units Granted: |
|
| Vesting Date: | February 27, 2017 |
| Vesting Schedule: | 100% on February 27, 2017 |
By my signature below, I hereby acknowledge and accept the award of this Restricted Stock Unit Grant and the Restricted Stock Unit Grant Terms and Conditions attached hereto and incorporated herein, and I agree to be bound by the terms of the Restricted Stock Unit Grant, the Restricted Stock Unit Grant Terms and Conditions and the Plan. I hereby agree that all decisions and determinations of the Committee (as defined in the Plan) with respect to the restricted stock units shall be final and binding.
Signature: ________________________________________ Date: __________________________
DB1/ 74007686.1
Note: If there are any discrepancies in the name or address shown above, please make the appropriate corrections on this form.
