Schedule of Restricted Stock Agreements (Type B) for Non-Employee Directors – Valero Energy Corporation

Summary

This document lists non-employee directors of Valero Energy Corporation who have entered into Restricted Stock Agreements, specifying the grant dates, number of shares awarded, and vesting schedules. Each director receives a set number of shares that vest either in equal annual installments over three years or fully after three years, depending on the grant. The agreements are based on a standard form previously filed by the company.

EX-10.32 25 d13299exv10w32.txt SCHEDULE OF RESTRICTED STOCK AGREEMENTS - TYPE B EXHIBIT 10.32 SCHEDULE OF RESTRICTED STOCK AGREEMENTS TYPE B (NON-EMPLOYEE DIRECTORS) The following have executed Restricted Stock Agreements substantially in the form of the agreement attached as Exhibit 10.31 (the "Exhibit") to the Valero Energy Corporation Form 10-K for the year ended December 31, 2003. E. Glenn Biggs W.E. Bradford Ronald K. Calgaard Ruben M. Escobedo Bob Marbut Susan Kaufman Purcell The following information sets forth the material details in which the Restricted Stock Agreements described in this Schedule differ from the Exhibit.
name grant date number of shares vesting - ------------------------ ---------------------- ---------------------- ----------------------- Biggs 12-31-2001 1,170 1/3 annually Bradford 12-31-2001 1,170 1/3 annually Calgaard 05-09-2002 1,095 1/3 annually Escobedo 05-10-2001 918 1/3 annually Marbut 12-31-2001 1,170 1/3 annually Purcell 05-09-2002 1,095 1/3 annually Purcell 06-05-2003 396 100% in 3 years