CA, Inc. Restricted Stock Award Certificate under 2002 Incentive Plan

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This certificate confirms that an employee of CA, Inc. has been granted restricted stock under the company's 2002 Incentive Plan. The award is subject to a vesting schedule, and the shares cannot be transferred before vesting. If the employee leaves the company before the shares vest, except in cases of death or disability, the shares are forfeited. The company may withhold shares to cover tax obligations when the stock vests. All terms are governed by the 2002 Incentive Plan, which is available upon request.

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EX-10.3 4 y21846exv10w3.htm EX-10.3: FORM OF RESTRICTED STOCK AWARD CERTIFICATE EX-10.3  

Exhibit 10.3
CA, Inc.
Restricted Stock Award Certificate
         
 
Name of Participant
 
 
EmplID 		   
     
Grant Number
  RS
Total Number of Restricted Stock Awards Granted
    
Grant Date
    
Stock Price on Grant Date
   $
This Certificate confirms the grant under the CA, Inc. 2002 Incentive Plan, amended and restated effective as of May 20, 2005 (the “Plan”), to the above-named participant of the amount of Restricted Stock set forth above. This Certificate merely evidences such grant, and does not constitute property of any nature or type or confer any additional rights. This grant is subject in all respects to the applicable terms of the Plan, which are incorporated by reference in this Certificate. A copy of the Plan may be obtained at no cost by contacting the Corporate Treasurer.
This Restricted Stock award will vest [INSERT VESTING SCHEDULE] on [INSERT VESTING DATE(S)]. Shares of Restricted Stock that are included in this award may not be transferred by the participant prior to vesting and shall be forfeited by the participant upon the participant’s Termination of Employment, as defined in the Plan, prior to vesting for any reason other than death or Disability, as defined in the Plan.
The Company may satisfy any federal income tax withholding obligations that arise in connection with the vesting of the Restricted Stock (or in connection with an election by the participant under section 83(b) of the Internal Revenue Code, 1986, as amended, with respect to the Restricted Stock) by withholding shares of Restricted Stock that are part of this award having a Fair Market Value, as defined in the Plan, on the date the shares of Restricted Stock first become taxable equal to the minimum statutory withholding obligation with respect to such taxable shares.
         
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