Hughes Incorporated Restricted Stock Unit Award Agreement Sample Contracts

Contract
Hughes Incorporated Restricted Stock Unit Award Agreement • January 28th, 2014 • Baker Hughes Inc • Oil & gas field machinery & equipment

BAKER HUGHES INCORPORATED RESTRICTED STOCK UNIT AWARD AGREEMENT AWARD OF RESTRICTED STOCK UNITS PAYABLE IN SHARES The Compensation Committee (the “Committee”) of the Board of Directors of Baker Hughes Incorporated, a Delaware corporation (the “Company”), pursuant to the Baker Hughes Incorporated 2002 Director & Officer Long-Term Incentive Plan (the “Plan”), hereby awards to you, effective as of Grant Date set forth above (the “Grant Date”), that number of restricted stock units set forth above (the “Restricted Stock Units”), on the following terms and conditions: The Restricted Stock Units that are awarded hereby to you shall be subject to the prohibitions and restrictions set forth herein with respect to the sale or other disposition of such Restricted Stock Units and the obligation to forfeit and surrender such Restricted Stock Units to the Company (the “Forfeiture Restrictions”). Subject to certain stockholder approval described below, the Forfeiture Restrictions shall lapse as to t

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.