Common use of Additional Incentive Awards Clause in Contracts

Additional Incentive Awards. 1. On the Distribution Date, Chicago Title will grant to you an award of 30,000 restricted shares of Chicago Title Common Stock pursuant to Chicago Title's 1998 Long-Term Incentive Plan, which will vest as to 50% on the second anniversary of the Distribution Date and 50% on the third anniversary of the Distribution Date. The terms of such award will be governed by a restricted stock agreement to be entered into by you and Chicago Title (the "Restricted Stock Agreement") under the 1998 Long-Term Incentive Plan. In connection with such restricted stock award, on the Distribution Date you will make an election under Section 83(b) of the Internal Revenue Code, and Chicago Title will make a tax gross-up payment to you in cash, or on your behalf through withholding payments, to cover your Federal, state and local income taxes 2 (including the Medicaid portion of F.I.C.A.) on the restricted stock award and the gross-up payment.

Additional Incentive Awards. 1. On the Distribution Date, Chicago Title will grant to you an award of 30,000 [_____] restricted shares of Chicago Title Common Stock pursuant to Chicago Title's 1998 Long-Term Incentive Plan, which will vest as to 50% on the second anniversary of the Distribution Date and 50% on the third anniversary of the Distribution Date. The terms of such award will be governed by a restricted stock agreement to be entered into by you and Chicago Title (the "Restricted Stock Agreement") under the 1998 Long-Term Incentive Plan. In connection with such restricted stock award, on the Distribution Date you will make an election under Section 83(b) of the Internal Revenue Code, and Chicago Title will make a tax gross-up payment to you in cash, or on your behalf through withholding payments, to cover your Federal, state and local income taxes 2 (including the Medicaid portion of F.I.C.A.FICA) on the restricted stock award and the gross-up payment.

Additional Incentive Awards. 1. On the Distribution Date, Chicago Title will grant to you an award of 30,000 restricted shares of Chicago Title Common Stock pursuant to Chicago Title's 1998 Long-Term Incentive Plan, which will vest as to 50% on the second anniversary of the Distribution Date and 50% on the third anniversary of the Distribution Date. The terms of such award will be governed by a restricted stock agreement to be entered into by you and Chicago Title (the "Restricted Stock Agreement") under the 1998 Long-Term Incentive Plan. In connection with such restricted stock award, on the Distribution Date you will make an election under Section 83(b) of the Internal Revenue Code, and Chicago Title will make a tax gross-up payment to you in cash, or on your behalf through withholding payments, to cover your Federal, state and local income taxes 2 (including the Medicaid portion of F.I.C.A.) on the restricted stock award and the gross-up payment.

Additional Incentive Awards. 1. On the Distribution Date, Chicago Title will grant to you an award of 30,000 restricted shares of Chicago Title Common Stock pursuant to Chicago Title's 1998 Long-Term Incentive Plan, which will vest as to 50% on the second anniversary of the Distribution Date and 50% on the third anniversary of the Distribution Date. The terms of such award will be governed by a restricted stock agreement to be entered into by you and Chicago Title (the "Restricted Stock Agreement") under the 1998 Long-Term Incentive Plan. In connection with such restricted stock award, on the Distribution Date you will make an election under Section 83(b) of the Internal Revenue Code, and Chicago Title will make a tax gross-up payment to you in cash, or on your behalf through withholding payments, to cover your Federal, state and local income taxes (including the Medicaid portion of F.I.C.A.) on the restricted stock award and the gross-up payment. 2 (including the Medicaid portion of F.I.C.A.) on the restricted stock award and the gross-up payment.