Acknowledgment Form
EX-10.3 4 exh10-3_022811.htm EXHIBIT 10.3 exh10-3_022811.htm
EXHIBIT 10.3
Alvarado Square
Albuquerque, NM 87158-2850
P ###-###-####
PNMResources.com
PNM RESOURCES
Acknowledgment Form
[Date]
[Director Name and Address]
Dear [Director]:
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: | 33+% per year for 3 years | |
| ____ 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:_________________
[Director]
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 2850 by __________.
Alvarado Square
Albuquerque, NM 87158-2850
P ###-###-####
PNMResources.com
PNM RESOURCES
Acknowledgment Form
[Date]
[Director Name and Address]
Dear [Director]:
Pursuant to the terms and conditions of the company’s PEP-PLAN (the ‘Plan’), you have been granted a Non-Qualified Stock Option to purchase _____ shares of stock as outlined below.
| Employee ID: | _______________ | |
| Granted To: | _______________ | |
| Grant ID: | _______________ | |
| Grant Date: | _______________ | |
| Granted: | _______________ | |
| Grant Price: | $______________ | Total Cost to Exercise: $____________ |
| Expiration Date: | _______________ | |
| Vesting Schedule: | 33+% per year for 3 years | |
| ____ 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:_________________
[Director]
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 2850 by _________.
