Exhibit 10.52

FORM FOR INDEPENDENT DIRECTOR

 

   RESTRICTED STOCK AGREEMENT (this “Agreement”) dated as of
                    , between DOMUS HOLDINGS CORP., a Delaware corporation, (the
“Company”) and [Name of Independent Director] (the “Purchaser”).

WHEREAS, the Company, acting through the Committee with the consent of the
Company’s Board of Directors (the “Board”) hereby grants to the Purchaser, on
the date hereof (the “Grant Date”), under the Amended and Restated Domus
Holdings Corp. 2007 Stock Incentive Plan (the “Plan”) a number of shares of
Common Stock (“Shares”) on the terms and subject to the conditions set forth in
this Agreement and the Plan; and

WHEREAS, the Company, the Purchaser and certain other holders of Shares have
entered into a Management Investor Rights Agreement dated as of April 10, 2007
(the “Management Investor Rights Agreement”);

NOW, THEREFORE, in consideration of the promises and of the mutual agreements
contained in this Agreement, the parties hereto hereby agree as follows:

Section 1. The Plan. The terms and provisions of the Plan are hereby
incorporated into this Agreement as if set forth herein in their entirety. In
the event of a conflict between any provision of this Agreement and the Plan,
the provisions of the Plan shall control. A copy of the Plan may be obtained
from the Company by the Purchaser upon request. Capitalized terms used herein
and not otherwise defined herein shall have the respective meanings ascribed
thereto in the Plan.

Section 2. Grant. Subject to the terms of this Agreement, the Company hereby
grants to the Purchaser an Award of Restricted Stock with respect to an
aggregate of [            ]restricted shares of Common Stock of the Company
(subject to adjustment as provided in Article X of the Plan) (the “Restricted
Shares”) at a purchase price of $0.01 per share (the “Unvested RS Purchase
Price”). The Purchaser agrees to promptly pay to the Company the amount of the
aggregate Unvested RS Purchase Price for the Restricted Shares.

Section 3. Vesting. The Restricted Shares shall vest, and the restrictions
imposed on the Restricted Shares pursuant to this Section 3 shall lapse as
follows: (i) one-half of the Restricted Shares shall vest on the 18-month
anniversary of the Grant Date and (ii) one-half of the Restricted Shares shall
vest on the third anniversary of the Grant Date, provided that, in each case,
the Purchaser has not incurred a Termination of Relationship prior to the
applicable vesting date. The Restricted Shares shall accelerate and vest in full
upon a Sale of the Company (provided the Purchaser has not incurred a
Termination of Relationship before such time). Prior to vesting, the Restricted
Shares, any interest therein, any amount payable in respect thereof, and any
consideration or other securities received therefor pursuant to Article X of the
Plan (such consideration or other securities, the “Restricted Property”), may
not be sold or transferred by the

--------------------------------------------------------------------------------

Purchaser. After vesting, the Restricted Shares shall have the same attributes
as other Shares, as set forth in the Management Investor Rights Agreement and
shall be subject to repurchase as set forth in the Management Investor Rights
Agreement; provided, however, that Restricted Shares that have not yet vested
shall be subject to repurchase at the Unvested RS Purchase Price.

Section 4. Purchaser’s Service. Nothing in this Agreement shall confer upon the
Purchaser any right to continue as an employee of, or other service provider to,
the Company or any of its Subsidiaries or Affiliates or interfere in any way
with the right of the Company, its Subsidiaries or its Affiliates, as the case
may be, in their respective sole discretion, to terminate the Purchaser’s
employment or service relationship or to increase or decrease the Purchaser’s
compensation at any time.

Section 5. Securities Law Representations. The Purchaser acknowledges that the
Restricted Shares are not being registered under the Securities Act, based, in
part, in reliance upon an exemption from registration under Rule 701 promulgated
under the Securities Act, and a comparable exemption from qualification under
applicable state securities laws, as each may be amended from time to time. The
Purchaser, by executing this Agreement, hereby makes the following
representations to the Company and acknowledges that the Company’s reliance on
federal and state securities law exemptions from registration and qualification
is predicated, in substantial part, upon the accuracy of these representations:

 

  •  

The Purchaser is acquiring the Restricted Shares solely for the Purchaser’s own
account, for investment purposes only, and not with a view or an intent to sell,
or to offer for resale in connection with any unregistered distribution, all or
any portion of the shares within the meaning of the Securities Act and/or any
applicable state securities laws.

 

  •  

The Purchaser is an “accredited investor”, as that term is defined in Rule
501(a)(1), (2) or (3) of Regulation D promulgated under the Securities Act.

 

  •  

The Purchaser has had an opportunity to ask questions and receive answers from
the Company regarding the terms and conditions of the Restricted Shares. The
Purchaser has been furnished with, and/or has access to, such information as the
Purchaser considers necessary or appropriate for deciding whether to purchase
the Restricted Shares. However, in evaluating the merits and risks of an
investment in the Restricted Shares, the Purchaser has and will rely only upon
the advice of the Purchaser’s own legal counsel, tax advisors, and/or investment
advisors.

 

  •  

The Purchaser is aware that any value the Restricted Shares may have depends on
their vesting and certain other factors, and that any investment in common
shares of a closely held corporation such as the Company is non-marketable,
non-transferable and could acquire capital to be invested for an indefinite
period of time, possibly without return, and at substantial risk of loss.

 

  •  

The Purchaser understands that the Restricted Shares will be characterized as

 

2

--------------------------------------------------------------------------------

 

“restricted securities” under the federal securities laws, and that, under such
laws and applicable regulations, such securities may be resold without
registration under the Securities Act only in certain limited circumstances,
including in accordance with the conditions of Rule 144 promulgated under the
Securities Act, as presently in effect. The Purchaser acknowledges receiving a
copy of Rule 144 promulgated under the Securities Act, as presently in effect,
and represents that the Purchaser is familiar with such rule, and understands
the resale limitations imposed thereby and by the Securities Act and the
applicable state securities law.

 

  •  

The Purchaser has read and understands the restrictions, limitations and the
Company’s rights set forth in the Management Investor Rights Agreement, the Plan
and this Agreement that will be imposed on the Restricted Shares (including
those restrictions and limitations which will continue after the Shares have
vested). The Purchaser acknowledges that to the extent the Purchaser is not a
party to the Management Investor Rights Agreement at the time that the Purchaser
purchases the Restricted Shares, such purchase shall be treated for all purposes
as effecting the Purchaser’s simultaneous execution of the Management Investor
Rights Agreement and the Purchaser shall be bound thereby.

 

  •  

The Purchaser has not relied upon any oral representation made to the Purchaser
relating to the Restricted Shares or upon information presented in any
promotional meeting or material relating to the Restricted Shares.

 

  •  

The Purchaser understands and acknowledges that (a) any certificate evidencing
the Restricted Shares (or evidencing any other securities issued with respect
thereto pursuant to any stock split, stock dividend, merger or other form of
reorganization or recapitalization) when issued shall bear any legends which may
be required by applicable federal and state securities laws or the Management
Investor Rights Agreement or the Plan, and (b) except as otherwise provided
under the Management Investor Rights agreement, the Company has no obligation to
register the Shares or file any registration statement under federal or state
securities laws. The Committee reserves the right to account for Shares through
book entry or other electronic means rather than the issuance of stock
certificates.

Section 6. Designation of Beneficiary. The Purchaser may appoint any individual
or legal entity in writing as his beneficiary to receive any Shares (to the
extent not previously terminated or forfeited) under this Agreement upon the
Purchaser’s death or becoming subject to a Disability. The Purchaser may revoke
his designation of a beneficiary at any time and appoint a new beneficiary in
writing. To be effective, the Purchaser must complete the designation of a
beneficiary or revocation of a beneficiary by written notice to the Company
under Section 7 of this Agreement before the date of the Purchaser’s death. In
the absence of a beneficiary designation, the legal representative of the
Purchaser’s estate shall be deemed the Purchaser’s beneficiary.

Section 7. Notices. All notices, claims, certifications, requests, demands and
other communications hereunder shall be in writing and shall be deemed to have
been duly given and delivered if personally delivered or if sent by
nationally-recognized overnight courier, by telecopy, or by registered or
certified mail, return receipt requested and postage prepaid, addressed as
follows:

 

3

--------------------------------------------------------------------------------

If to the Company, to it at:

Domus Holdings Corp.

c/o Apollo Management VI, L.P.

9 West 57th Street

New York, New York 10019

Facsimile: (212) 515-3264

Attention: Ali Rashid

With a copy to (which copy will not constitute notice):

Wachtell, Lipton, Rosen & Katz

51 West 52nd Street

New York, NY 10019

Telecopy:   (212) 326-2061 Attention:   Steven A. Cohen, Esq.   Igor Kirman,
Esq. Facsimile:   212.403.2000

If to the Purchaser, at the address set forth on the signature page hereto; or
to such other address as the party to whom notice is to be given may have
furnished to the other party in writing in accordance herewith.

Any of the foregoing notice or other communication shall be deemed to have been
received (a) in the case of personal delivery, on the date of such delivery (or
if such date is not a business day, on the next business day after the date of
delivery), (b) in the case of nationally recognized overnight courier, on the
next business day after the date sent, (c) in the case of telecopy transmission,
when received (or if not sent on a business day, on the next business day after
the date sent), and (d) in the case of mailing, on the third business day
following that on which the piece of mail containing such communication is
posted.

Section 8. Waiver of Breach. The waiver by either party of a breach of any
provision of this Agreement must be in writing and shall not operate or be
construed as a waiver of any other or subsequent breach.

Section 9. Purchaser’s Undertaking. The Purchaser hereby agrees to take whatever
additional actions and execute whatever additional documents the Company may in
its reasonable judgment deem necessary or advisable in order to carry out or
effect one or more of the obligations or restrictions imposed on the Purchaser
pursuant to the express provisions of this Agreement and the Plan.

Section 10. Modification of Rights. The rights of the Purchaser are subject to
modification and termination in certain events as provided in this Agreement and
the Plan (with respect to the Restricted Shares granted hereby). Notwithstanding
the foregoing, the Purchaser’s rights under this Agreement and the Plan may not
be materially impaired without the Purchaser’s prior written consent.

 

4

--------------------------------------------------------------------------------

Section 11. Governing Law. THIS AGREEMENT WILL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT GIVING EFFECT TO ANY
CHOICE OR CONFLICT OF LAW PROVISION OR RULE (WHETHER OF THE STATE OF DELAWARE OR
ANY OTHER JURISDICTION) THAT WOULD CAUSE THE LAWS OF ANY JURISDICTION OTHER THAN
THE STATE OF DELAWARE TO BE APPLIED. IN FURTHERANCE OF THE FOREGOING, THE
INTERNAL LAW OF THE STATE OF DELAWARE WILL CONTROL THE INTERPRETATION AND
CONSTRUCTION OF THIS AGREEMENT, EVEN IF UNDER SUCH JURISDICTION’S CHOICE OF LAW
OR CONFLICT OF LAW ANALYSIS, THE SUBSTANTIVE LAW OF SOME OTHER JURISDICTION
WOULD ORDINARILY APPLY.

Section 12. Restrictive Covenants. The purchase, grant and vesting of the
Restricted Shares pursuant to this Agreement shall be subject to the Purchaser’s
continued compliance with the restrictive covenants in Annex I to Section 8 of
the Management Investor Rights Agreement (other than Section 2 of Annex I, which
is not applicable to the Optionee).

Section 13. Counterparts. This Agreement may be executed in one or more
counterparts, and each such counterpart shall be deemed to be an original, but
all such counterparts together shall constitute but one agreement.

Section 14. Entire Agreement. This Agreement, the Plan, the Management Investor
Rights Agreement and the other writings referred to herein constitute the entire
agreement between the parties with respect to the subject matter hereof and
thereof and supersede all prior written or oral negotiations, commitments,
representations and agreements with respect thereto.

Section 15. Severability. It is the desire and intent of the parties hereto that
the provisions of this Agreement be enforced to the fullest extent permissible
under the laws and public policies applied in each jurisdiction in which
enforcement is sought. Accordingly, if any particular provision of this
Agreement shall be adjudicated by a court of competent jurisdiction to be
invalid, prohibited or unenforceable for any reason, such provision, as to such
jurisdiction, shall be ineffective, without invalidating the remaining
provisions of this Agreement or affecting the validity or enforceability of such
provision in any other jurisdiction. Notwithstanding the foregoing, if such
provision could be more narrowly drawn so as not to be invalid, prohibited or
unenforceable in such jurisdiction, it shall, as to such jurisdiction, be so
narrowly drawn, without invalidating the remaining provisions of this Agreement
or affecting the validity or enforceability of such provision in any other
jurisdiction.

Section 16. Waiver of Jury Trial. Each party hereto hereby irrevocably and
unconditionally waives, to the fullest extent it may legally and effectively do
so, trial by jury in any suit, action or proceeding arising hereunder.

Section 17. Dividend and Voting Rights. After the Grant Date, the Purchaser
shall be entitled to cash dividends that are payable on the same number of
Shares as the Restricted Shares, except that such dividends shall vest only and
be payable as and when

 

5

--------------------------------------------------------------------------------

the underlying Restricted Shares become vested. In addition, the Purchaser shall
have voting rights with respect to the Restricted Shares subject to the Award,
provided that such rights shall terminate immediately as to any Restricted
Shares that are repurchased by the Company or that are otherwise forfeited.

Section 18. Tax Withholding. The Company shall reasonably determine the amount
of any Federal, state, local or other income, employment, or other taxes which
the Company or any of its subsidiaries may reasonably be obligated to withhold
with respect to the grant, vesting, making of an election under Section 83(b) of
the Code or other event with respect to the Restricted Shares. The Company’s
obligation to deliver the Restricted Shares or any certificates evidencing the
Restricted Shares (or to make a book entry or other electronic notation
indicating ownership of the Restricted Shares), or otherwise remove the
restrictive notations or legends on such shares or certificates that refer to
nontransferability as set forth in Section 3 of this Agreement, is subject to
the condition precedent that the Purchaser either pay or provide for the amount
of any such withholding obligations in such manner as may be authorized by the
Committee under, or as may otherwise be permitted under, Article XV of the Plan
(which for the avoidance of doubt shall include the right of the Purchaser to
elect to have a number of Restricted Shares that are otherwise vesting under
Section 3 above and have a Fair Market Value equal to the minimum amount of
withholding taxes, withheld from such delivery to the Purchaser in order to
satisfy the payment of such taxes, pursuant to Article XV, clause (iii) of the
Plan).

Section 19. Stock Power; Power of Attorney. Concurrent with the execution and
delivery of this Agreement, the Purchaser shall deliver to the Company an
executed stock power in the form attached hereto as Exhibit A, in blank, with
respect to the Restricted Shares and any related Restricted Property. The
Purchaser, by acceptance of the Award, shall be deemed to appoint, and does so
appoint by execution of this Agreement, the Company and each of its authorized
representatives as the Purchaser’s attorney(s)-in-fact to (1) effect any
transfer to the Company (or other purchaser, as the case may be) of the
Restricted Shares acquired pursuant to this Agreement (including any related
Restricted Property) that are repurchased by the Company (or other permitted
purchaser), and (2) execute such documents as the Company or such
representatives deem necessary or advisable in connection with any such
transfer.

Section 20. Adjustment. In the event of any event described in Article X of the
Plan occurring after the Grant Date, the adjustment provisions (including the
right to substitute cash payments) as provided for under Article X of the Plan
shall apply. Notwithstanding Article X of the Plan, if a Sale of the Company
shall occur prior to the Restricted Shares otherwise becoming vested under
Section 3 above, the Restricted Shares shall vest upon such event in accordance
with Section 3 and shall be treated in the same manner as any Shares held by the
Purchaser.

[Signature Pages Follow]

 

6

--------------------------------------------------------------------------------

IN WITNESS WHEREOF, the parties hereto have executed this Restricted Stock
Agreement as of the date first written above.

 

DOMUS HOLDINGS CORP. By:  

 

Name:   Richard A. Smith Title:   President and Chief Executive Officer

PURCHASER   See attached signature page

 

7

--------------------------------------------------------------------------------

PURCHASER

 

Name:  

 

Residence Address:

 

Number of Restricted Shares:    [            ]
Unvested RS Purchase Price per Share:    $.01

Restricted Stock Agreement Signature Page

 

8

--------------------------------------------------------------------------------

Exhibit A

STOCK POWER

FOR VALUE RECEIVED and pursuant to that certain Restricted Stock Agreement
between Domus Holdings Corp., a Delaware corporation (the “Company”), and the
individual named below (the “Individual”) dated as of             ,         ,
the Individual hereby sells, assigns and transfers to the Company, an aggregate
of              shares of Common Stock of the Company, standing in the
Individual’s name on the books of the Company and represented by stock
certificate number(s)             to which this instrument is attached, and
hereby irrevocably constitutes and appoints              as his or her attorney
in fact and agent to transfer such shares in the books of the Company, with full
power of substitution in the premises.

Dated             ,         

 

 

Signature

 

Print Name

(Instruction: Please do not full in any blanks other than the signature line.
The purpose of the assignment is to enable the Company to exercise its
sale/purchase option set forth in the Restricted Stock Agreement without
requiring additional signatures on the part of the Individual.)

 

9