Deferred Stock Unit Award Agreement for Executive Officer Joseph J. MarcAurele
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Summary
This agreement is between the company and executive officer Joseph J. MarcAurele. It grants him 12,500 deferred stock units, with the grant date of January 20, 2010. The units will vest on January 20, 2013, provided certain performance conditions are met during the period from January 1, 2010, to December 31, 2012. The agreement outlines the terms for earning and vesting the stock units over a 36-month term.
EX-10.2 2 exhibit10-2.htm EXHIBIT 10.2 exhibit10-2.htm
EXHIBIT 10.2
The form of Deferred Stock Unit Award Agreement (the “Agreement”), filed as Exhibit 10.6 to the Registrant’s Quarterly Report on From 10-Q for the quarterly period ended June 30, 2008, contains blanks where the executive’s name, target number of shares, grant date, vesting date, performance period, shortened performance period start date, and months in term provided under the Agreement vary for each executive. The information for the executive officer who entered into the Agreement is provided in the following chart:
Executive Officer | Target number of shares | Grant date | Vesting date | Performance period | Shortened performance period start date | Months in term |
Joseph J. MarcAurele | 12,500 | January 20 , 2010 | January 20, 2013 | January 1, 2010 through December 31, 2012 | January 1, 2010 | 36 |