ECHELON CORPORATION RESTRICTED STOCK AWARD AGREEMENT TERMS AND CONDITIONS OF RESTRICTED STOCK AWARD NOTICE OF GRANTRestricted Stock Award Agreement • November 3rd, 2010 • Echelon Corp • Computer communications equipment • California
By executing the Grant Acceptance process and using the services on this Smith Barney Benefit Access® website, you, [Name] (the “Employee”) and Echelon Corporation (the “Company”) agree that this Award is granted under and governed by the terms and conditions of the Company’s 1997 Stock Plan (“Plan”) and the Terms and Conditions of Restricted Stock Award (the “Agreement”). Employee has reviewed the Plan and this Agreement in its entirety, has had an opportunity to obtain the advice of counsel prior to accepting this Award and fully understands provisions of the Plan and this Agreement.
