FORM OF RESTRICTED STOCK AWARD AGREEMENT (MANAGING DIRECTORS & ABOVE)Restricted Stock Award Agreement • March 17th, 2006 • Dynegy Inc /Il/ • Electric services
THIS RESTRICTED STOCK AWARD AGREEMENT (this “Agreement”) is made as of the 16th day of March, 2006, between DYNEGY INC., an Illinois corporation (“Dynegy”), and all of its subsidiaries (the “Company”), and the named employee (the “Employee”). A copy of the Dynegy Inc. [2002 Long Term Incentive Plan][2001 Non-Executive Stock Incentive Plan][2000 Long Term Incentive Plan] (the “Plan”) is annexed to this Agreement and shall be deemed a part hereof as if fully set forth herein. Unless the context otherwise requires, all terms that are not defined in this Agreement but which are defined in the Plan shall have the same meaning given to them in the Plan when used herein.
FORM OF NON-QUALIFIED STOCK OPTION AWARD AGREEMENTNon-Qualified Stock Option Award Agreement • March 17th, 2006 • Dynegy Inc /Il/ • Electric services
THIS NON-QUALIFIED STOCK OPTION AWARD AGREEMENT (this “Agreement”) is made as of the 16th day of March, 2006, between DYNEGY INC., an Illinois corporation (“Dynegy”), and all of its subsidiaries (the “Company”), and the named employee (“Employee”). A copy of the Dynegy Inc. [2002 Long Term Incentive Plan][2001 Non-Executive Stock Incentive Plan][2000 Long Term Incentive Plan] (the “Plan”) is annexed to this Agreement and shall be deemed a part of this Agreement as if fully set forth herein. Unless the context otherwise requires, all terms that are not defined herein but which are defined in the Plan shall have the same meaning given to them in the Plan when used herein.
March 16, 2006Dynegy Inc /Il/ • March 17th, 2006 • Electric services
employment termination date; but the continued medical, dental and vision benefits referenced herein are contingent upon your payment of your respective portion of the premium required for each such benefit. Any outstanding stock options, restricted stock awards, phantom stock and other equity-based awards previously granted to you shall immediately vest upon a ‘change in control’.
AGREEMENT CONCERNING EMPLOYMENT AGREEMENT AND STOCK OPTIONSAgreement Concerning Employment • March 17th, 2006 • Dynegy Inc /Il/ • Electric services
WHEREAS, Dynegy Inc. (the “Company”) entered into an employment agreement (the “Employment Agreement”) with Bruce A. Williamson, the Chief Executive Officer of the Company (the “Executive”) on October 18, 2002; and
FORM OF PERFORMANCE AWARD AGREEMENTPerformance Award Agreement • March 17th, 2006 • Dynegy Inc /Il/ • Electric services
THIS PERFORMANCE AWARD AGREEMENT (this “Agreement”) is made as of the 16th day of March, 2006, between DYNEGY INC., an Illinois corporation (“Dynegy”), and all of its Affiliates (the “Company”), and (“Employee”). A copy of the Dynegy Inc. [2002][2000] Long Term Incentive Plan (the “Plan”) is annexed to this Agreement and shall be deemed a part hereof as if fully set forth herein. Unless the context otherwise requires, all terms that are not defined herein but which are defined in the Plan shall have the same meaning given to them in the Plan when used herein.
