Executive Long-Term Incentive Program Restricted Stock Unit Retention Award Agreement

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This agreement grants an executive a specified number of Restricted Stock Units (RSUs) as part of a long-term incentive program. The RSUs will vest over a period of three to five years from the grant date, provided the executive meets the terms and conditions set forth in the related Omnibus Agreement. The agreement outlines the award value and vesting schedule, aiming to retain and motivate the executive.

Read More Arrow
EX-10.E24 7 xrx-123111xex10e24.htm XRX-12.31.11-Ex10(e)(24)


EXHIBIT 10(e)(24)

Executive Long-Term Incentive Program -Restricted Stock Unit Retention Award
Award Summary
<<First Name>> <<Last Name>>
Date of agreement and award:    <<Grant Date>>

Restricted Stock Units (RSUs)
Number of Restricted Stock Units:
<<# of RSUs>>
Approved Award Value:
<<Approved Value>>
Vesting Date:
<<3-5 years from date of grant>>

*
Subject to the terms and conditions described in the Omnibus Agreement – 2012: PIP;ELTIP;RSUs;Retention