PNM Resources Restricted Stock and Performance Share Award Acknowledgment under PEP-PLAN

Summary

This document is an acknowledgment form for officers of PNM Resources who have been granted restricted stock or performance share awards under the company's PEP-PLAN. The form outlines the number of shares granted, the vesting schedule, and requires the recipient to confirm receipt and agree to the plan's terms. Recipients must sign and return the form to Corporate Governance, confirming their acceptance of the award and its conditions.

EX-10.6 7 pnm12312013ex106.htm EXHIBIT 10.6 PNM 12.31.2013 EX 10.6

 
EXHIBIT 10.6


Acknowledgment Form


[Date]

[Officer Name and Address]



Dear [Officer]:

Pursuant to the terms and conditions of the company’s PEP-PLAN (the ‘Plan’), you have been granted a Restricted Stock Award for ____ shares of stock as outlined below.

Employee ID:
_______________
 
Granted To:
_______________
 
 
Grant ID:
_______________
 
 
Grant Date:
_______________
 
 
Granted:
_______________
 
 
Grant Price:
$0.0000
 
 
 
 
 
 
 
Vesting Schedule:
   3 Year Annual
 
   ____ on [one year anniversary of grant date]
   ____ on [two year anniversary of grant date]
   ____ on [three year anniversary of grant date]



By my signature below, I hereby acknowledge receipt of this Grant on the date shown above, which has been issued to me under the terms and conditions of the Plan.  I further acknowledge receipt of the copy of the Plan and agree to conform to all of the terms and conditions of the Grant and the Plan.


Signature:____________________________         Date:________________________
[Officer]


NOTE:  If there are any discrepancies in the name or address show above,
please make the appropriate corrections on this form.

Please return this form to Corporate Governance at MS 1275 by __________.





[Date]

[Officer Name and Address]



Dear [Officer]:

Pursuant to the terms and conditions of the company’s PEP-PLAN (the ‘Plan’), you have been granted a Performance Share Award for ____ shares of stock as outlined below.

Employee ID:
_______________
 
Granted To:
_______________
 
 
Grant ID:
_______________
 
 
Grant Date:
_______________
 
 
Granted:
_______________
 
 
Grant Price:
$0.0000
 
 
 
 
 
 
 
Vesting Schedule:
 100% immediately
 
 



By my signature below, I hereby acknowledge receipt of this Grant on the date shown above, which has been issued to me under the terms and conditions of the Plan.  I further acknowledge receipt of the copy of the Plan and agree to conform to all of the terms and conditions of the Grant and the Plan.



Signature:____________________________         Date:________________________
[Officer]



NOTE:  If there are any discrepancies in the name or address show above,
please make the appropriate corrections on this form.

Please return this form to Corporate Governance at MS 1275 by __________.