Aqua America Inc. Restricted Stock Unit Grant Agreement with Nicholas DeBenedictis (February 27, 2014)
Aqua America Inc. has granted Nicholas DeBenedictis a specified number of restricted stock units under its 2009 Omnibus Equity Compensation Plan. The grant is subject to performance goals and a vesting schedule, with the first vesting date on June 30, 2015. 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 10.52
RESTRICTED STOCK UNIT GRANT
February 27, 2014
Dear Nick:
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: | Nicholas DeBenedictis |
| Grant Date: | February 27, 2014 |
| Number of Restricted Stock Units Granted: | xxxxxx |
| Performance Goals: | See Restricted Stock Unit Grant Terms and Conditions, including Exhibit A |
| First Vesting Date: | June 30, 2015 |
| Vesting Schedule: | See Restricted Stock Unit Grant Terms and Conditions |
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: __________________________
Note: If there are any discrepancies in the name or address shown above, please make the appropriate corrections on this form.
