Incorporated Restricted Stock Award Agreement Sample Contracts

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

BAKER HUGHES INCORPORATED RESTRICTED STOCK AWARD AGREEMENT AWARD OF RESTRICTED STOCK 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 the Grant Date set forth above (the Grant Date), that number of shares (the Shares) of the Companys Common Stock, $1.00 par value per share (the Common Stock), set forth above as Restricted Stock on the following terms and conditions: During the Restricted Period, the Shares of Restricted Stock will be evidenced by entries in the stock register of the Company reflecting that such Shares of Restricted Stock have been issued in your name. For purposes of this Agreement, the term Restricted Period means the period designated by the Committee during which the Shares may not be sold, assigned, transferred, pledged, or otherwise encumber

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