Xerox Corporation 2004 Non-Employee Director Deferred Stock Unit Award Agreement
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Summary
This agreement grants a specified number of deferred stock units (DSUs) to a non-employee director of Xerox Corporation. The DSUs vest either one year from the award date, the day before the next annual shareholders meeting, or upon the director's death, whichever comes first. The deferral period ends 30 days after the director leaves the board or upon death. The agreement outlines the timing and conditions for vesting and payout of the DSUs.
EX-10.14 13 ex1014-xeroxcorpx63019.htm EXHIBIT 10.14 Exhibit
EXHIBIT 10.14
Award Summary – 2004 Non-Employee Director Equity Grant
[First Name] [Last Name]
Deferred Stock Units | Date of Agreement and Award: | [Date] |
Number of Deferred Stock Units: | [Number] DSUs | |
Vesting Date: | Earlier of (a) one year from Date of Award or (b) day prior to following year’s annual meeting of shareholders or (c) date of death | |
Deferral Period Ends: | 30 days following earlier of (a) termination of board service or (b) date of death |