0001104659-05-005288 Sample Contracts

FORM OF 2004 STOCK INCENTIVE PLAN EMPLOYEE RESTRICTED STOCK UNIT AWARD AGREEMENT]
2004 Stock Incentive Plan Restricted Stock Unit Award Agreement • February 10th, 2005 • Archipelago Holdings Inc • Security & commodity brokers, dealers, exchanges & services • Delaware

THIS AWARD AGREEMENT, made this day of , 2005 (the “Grant Date”), by and between Archipelago Holdings, Inc., a Delaware corporation (the “Company”), and (the “Employee”) pursuant to the Archipelago Holdings 2004 Stock Incentive Plan (the “Plan”).

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