Exhibit 10.5

 

AMERIPRISE FINANCIAL

 

FORM OF AWARD CERTIFICATE

 

for

 

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Name of Employee

 

RESTRICTED STOCK AWARD (“RSA”)1

 

 

Number of Restricted
Shares Awarded

 

Award Date

 

Percentage of Restricted
Shares Subject to Vesting

 

Vesting Dates2

 

XXXXX

 

XXXXX

 

 

 

 

 

 

This restricted stock award (the “RSA”) is subject to the terms and conditions
set forth in this Certificate, the Ameriprise Financial 2005 Incentive
Compensation Plan (the “Plan”) and the Ameriprise Financial Long-Term Incentive
Award Program Guide (the “LTIA Guide”).  All terms and provisions of the Plan
and the LTIA Guide, as the same may be amended from time to time, are
incorporated herein and made part hereof as if stated herein.  If any provision
hereof and of the Plan or the LTIA Guide shall be in conflict, the terms of the
Plan or the LTIA Guide, as applicable, shall govern.  All capitalized terms used
herein and not defined herein shall have the meanings assigned to them in the
Plan.

 

The RSA includes rights to vote the shares underlying the RSA as a shareholder
of the Company.

 

Except as provided in the Plan and the LTIA Guide, the RSA may not be assigned,
sold, pledged, hypothecated, transferred or otherwise disposed of in any manner
other than as provided in this Certificate, the Plan or the LTIA Guide, subject
to rules adopted by the Committee from time to time.

 

The granting of this RSA, or any prior or future award, is neither a contract
nor a guarantee of continued employment; the continuation of your employment is
and always will be at the discretion of the Company.  The granting of this award
is a one-time discretionary act and it does not impose any obligation on the
Company to offer future awards of any amount or nature.  The continuation of the
Plan and the grant of future awards is a voluntary act completely within the
discretion of the Company, and the Plan is subject to termination at any time.

 

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1   For those RSAs that are intended to qualify under section 162(m) of the
Internal Revenue Code of 1986, as amended, performance conditions based on the
Company’s “return on equity” shall be applied.  The Company’s “return on equity”
is generally the after-tax net income divided by the average annual
shareholders’ equity.

 

2   The vesting schedule generally provides for vesting over a 4-year period. 
In any event, the vesting schedule shall provide for vesting over a period of no
less than 2 years from the Award Date.

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