Xerox Corporation 2004 Non-Employee Director Deferred Stock Unit Award Agreement

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