Exhibit 10.4

 

 

AMERIPRISE FINANCIAL

 

FORM OF AWARD CERTIFICATE

 

for

 

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Name of Employee

 

NON-QUALIFIED STOCK OPTION AWARD (“NQSO”)

 

Number of
Shares Subject
to the NQSO

 

Award Date

 

Exercise
Price

 

Percentage of
Shares Subject
to Vesting

 

Vesting
Dates1

 

Expiration
Date

 

XXXXX

 

XXXXX

 

XXXXX

 

 

 

 

 

XXXXXX

 

 

This non-qualified stock option (the “NQSO”) 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 NQSO shall be exercisable only in accordance with the provisions of
this Certificate, the Plan and the LTIA Guide and shall have a term of no more
than 10 years from the Award Date.

 

The NQSO is exercisable only by you and 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 NQSO can be exercised by your
beneficiaries after your death.

 

The granting of this NQSO, 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 NQSO
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   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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