PICO Holdings, Inc. 2005 Long-Term Incentive Plan Restricted Stock Award Grant

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

PICO Holdings, Inc. grants restricted stock awards to a director as part of their compensation under the 2005 Long-Term Incentive Plan. The agreement specifies the number of shares, grant date, and vesting schedule, all subject to the terms of the plan. The award is formalized by the company’s Compensation Committee and Board of Directors and is governed by the plan’s provisions.

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EX-10.1 2 ex10_1.htm EXHIBIT 10.1 FORM OF RESTRICTED STOCK GRANT ex10_1.htm


Exhibit 10.1

PICO HOLDINGS, INC.

2005 Long-Term Incentive Plan
Grant of Restricted Stock Awards



Grantee:___________________
 
Date:__________________


Pursuant to Section 8 of the PICO Holdings, Inc. 2005 Long-Term Incentive Plan, (the “LTIP”), the Compensation Committee and the Board of Directors have granted you, as part of your Director’s compensation, the following Restricted Stock Award:

Number of Restricted Stock Awards in Grant:
__________________
 
Date of Grant:
__________________
 
Vesting Schedule:
__________________
 

This award is subject entirely to the terms and provisions of the 2005 Long-Term Incentive Plan.

 
__________________________________
James F. Mosier
General Counsel and Secretary
PICO Holdings, Inc.