EXHIBIT 10.9

 

EQUIFAX INC. 2008 OMNIBUS INCENTIVE PLAN

 

EMPLOYEE RESTRICTED STOCK UNIT AGREEMENT

 

[Participant]

 

Number of Shares Subject to Award: [Number of Shares]

 

Date of Grant:  [Grant Date]

 

Pursuant to the Equifax Inc. 2008 Omnibus Incentive Plan (the “Plan”), Equifax
Inc., a Georgia corporation (the “Company”), has granted the above-named
participant (“Participant”) Restricted Stock Units (the “Award”) entitling
Participant to receive such number of shares of Company common stock (the
“Shares”) as is set forth above on the terms and conditions set forth in this
agreement (this “Agreement”) and the Plan.  Capitalized terms used in this
agreement (the “Agreement”) and not defined herein shall have the meanings set
forth in the Plan.

 

1.     GRANT DATE.  THE AWARD IS GRANTED TO PARTICIPANT ON THE GRANT DATE SET
FORTH ABOVE.

 

2.     Vesting.  Subject to earlier vesting in accordance with Sections 3 or 4
below, the Shares shall vest on the third anniversary of the Grant Date set
forth above (the “Vesting Date”).  Prior to the Vesting Date, the Shares subject
to the Award shall be nontransferable and, except as otherwise provided herein,
shall be immediately forfeited upon Participant’s termination of employment with
the Company and its Subsidiaries.   The Committee which administers the Plan
reserves the right, in its sole discretion, to waive or reduce the vesting
requirements.

 

3.     TERMINATION OF EMPLOYMENT.  PARTICIPANT’S UNVESTED SHARES SUBJECT TO THE
AWARD SHALL BECOME VESTED AND NONFORFEITABLE AFTER TERMINATION OF PARTICIPANT’S
EMPLOYMENT WITH THE COMPANY OR A SUBSIDIARY UNDER THE FOLLOWING CIRCUMSTANCES:

 

(a)   Death or Disability.  If termination results from Participant’s death or
Disability (as such terms are defined in the Plan), then all unvested Shares
subject to the Award shall immediately become vested and nonforfeitable as of
the date of Participant’s death or termination due to Disability.

 

(b)   Retirement.  If termination results from Participant’s Retirement (as such
term is defined in the Plan) from the Company or a Subsidiary (other than for
Cause), all unvested Shares subject to the Award shall immediately become vested
and nonforfeitable as of the date of Participant’s Retirement.

 

4.   Change of Control.  If a Change of Control occurs while Participant is
employed by the Company or a Subsidiary, then all unvested Shares subject to the
Award shall immediately become vested and nonforfeitable as of the date on which
the Change of Control occurs.

 

5.   Cancellation and Rescission of Award.

 

(A)   IF, AT ANY TIME, (I) DURING PARTICIPANT’S EMPLOYMENT WITH THE COMPANY OR A
SUBSIDIARY OR (II) DURING THE PERIOD AFTER PARTICIPANT’S TERMINATION OF
EMPLOYMENT WITH THE COMPANY OR ANY SUBSIDIARY FOR ANY REASON, BUT NOT TO EXCEED
24 MONTHS FOLLOWING PARTICIPANT’S TERMINATION OF EMPLOYMENT, PARTICIPANT ENGAGES
IN ANY “DETRIMENTAL ACTIVITY” (AS DEFINED IN SUBSECTION (B) BELOW), THE
COMMITTEE MAY, NOTWITHSTANDING ANY OTHER PROVISION IN THIS AGREEMENT TO THE
CONTRARY, CANCEL, RESCIND, SUSPEND, WITHHOLD OR OTHERWISE RESTRICT OR LIMIT THIS
AWARD AS OF THE FIRST DATE PARTICIPANT ENGAGED IN THE DETRIMENTAL ACTIVITY, AS
DETERMINED BY THE COMMITTEE.  WITHOUT LIMITING THE GENERALITY OF THE FOREGOING,
THE COMMITTEE MAY ALSO REQUIRE PARTICIPANT TO PAY TO THE COMPANY ANY GAIN
REALIZED BY PARTICIPANT FROM THE SHARES SUBJECT TO THE AWARD DURING THE PERIOD
BEGINNING SIX MONTHS PRIOR TO THE DATE ON WHICH PARTICIPANT ENGAGED OR BEGAN
ENGAGING IN DETRIMENTAL ACTIVITY.

 

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(B)   FOR PURPOSES OF THIS AGREEMENT, “DETRIMENTAL ACTIVITY” SHALL MEAN AND
INCLUDE ANY OF THE FOLLOWING:

 

(I.)     THE BREACH OR VIOLATION OF ANY OTHER AGREEMENT BETWEEN PARTICIPANT AND
THE COMPANY RELATING TO PROTECTION OF CONFIDENTIAL INFORMATION OR TRADE SECRETS,
SOLICITATION OF EMPLOYEES, CUSTOMERS OR SUPPLIERS, OR REFRAINING FROM
COMPETITION WITH THE COMPANY;

 

(II.)    THE DISCLOSURE, REPRODUCTION OR USE OF CONFIDENTIAL INFORMATION OR
TRADE SECRETS (EACH AS DEFINED BELOW) FOR THE BENEFIT OF PARTICIPANT OR THIRD
PARTIES EXCEPT IN CONNECTION WITH THE PERFORMANCE OF PARTICIPANT’S DUTIES FOR
THE COMPANY OR, AFTER ADVANCE NOTICE TO THE COMPANY, AS REQUIRED BY A VALID
ORDER OR SUBPOENA ISSUED BY A COURT OR ADMINISTRATIVE AGENCY OF COMPETENT
JURISDICTION;

 

(III.)   THE USE, REPRODUCTION, DISCLOSURE OR DISTRIBUTION OF ANY INFORMATION
WHICH THE COMPANY IS REQUIRED TO HOLD CONFIDENTIAL UNDER APPLICABLE FEDERAL AND
STATE LAWS AND REGULATIONS, INCLUDING THE FEDERAL FAIR CREDIT REPORTING ACT (15
U.S.C. § 1681 ET SEQ.) AND ANY STATE CREDIT REPORTING STATUTES;

 

(IV.)   THE MAKING, OR CAUSING OR ATTEMPTING TO CAUSE ANY OTHER PERSON TO MAKE,
ANY STATEMENT, EITHER WRITTEN OR ORAL, OR CONVEYING ANY INFORMATION ABOUT THE
COMPANY WHICH IS DISPARAGING OR WHICH IN ANY WAY REFLECTS NEGATIVELY UPON THE
COMPANY;

 

(V.)   THE SOLICITATION OR ATTEMPT TO SOLICIT ANY CUSTOMER OR ACTIVELY TARGETED
POTENTIAL CUSTOMER OF THE COMPANY WITH WHOM THE PARTICIPANT HAD MATERIAL CONTACT
ON THE COMPANY’S BEHALF DURING THE 12 MONTHS IMMEDIATELY PRECEDING PARTICIPANT’S
TERMINATION OF EMPLOYMENT;

 

(VI.)   THE SOLICITATION OR RECRUITMENT, ATTEMPT TO SOLICIT OR RECRUIT, OR THE
ASSISTANCE OF OTHERS IN SOLICITING OR RECRUITING, ANY INDIVIDUAL WHO IS OR WAS,
WITHIN 6 MONTHS OF THE DATE IN QUESTION, AN EMPLOYEE OF THE COMPANY UNLESS SUCH
FORMER EMPLOYEE WAS TERMINATED BY THE COMPANY WITHOUT CAUSE, OR THE INDUCEMENT
OF (OR ATTEMPT TO INDUCE) ANY SUCH EMPLOYEE OF THE COMPANY TO TERMINATE HIS
EMPLOYMENT WITH THE COMPANY; OR

 

(VII.)   THE REFUSAL OR FAILURE OF PARTICIPANT TO PROVIDE, UPON THE REQUEST OF
THE COMPANY, A CERTIFICATION, IN A FORM SATISFACTORY TO THE COMPANY, THAT HE OR
SHE IS IN FULL COMPLIANCE WITH THE TERMS AND CONDITIONS OF THE PLAN AND THIS
AGREEMENT, INCLUDING, WITHOUT LIMITATION, A CERTIFICATION THAT PARTICIPANT IS
NOT ENGAGING IN DETRIMENTAL ACTIVITY.

 

(C)          “TRADE SECRET” MEANS INFORMATION, INCLUDING, BUT NOT LIMITED TO,
TECHNICAL OR NON-TECHNICAL DATA, A FORMULA, A PATTERN, A COMPILATION, A PROGRAM,
A DEVICE, A METHOD, A TECHNIQUE, A DRAWING, A PROCESS, FINANCIAL DATA, FINANCIAL
PLANS, PRODUCT PLANS, OR A LIST OF ACTUAL OR POTENTIAL COMPANY CUSTOMERS OR
SUPPLIERS WHICH (I) DERIVES INDEPENDENT ECONOMIC VALUE, ACTUAL OR POTENTIAL,
FROM NOT BEING GENERALLY KNOWN TO, AND NOT BEING READILY ASCERTAINABLE BY PROPER
MEANS BY, OTHER PERSONS WHO CAN OBTAIN ECONOMIC VALUE FROM ITS DISCLOSURE OR
USE, AND (II) IS THE SUBJECT OF THE COMPANY’S EFFORTS THAT ARE REASONABLE UNDER
THE CIRCUMSTANCES TO MAINTAIN SECRECY; OR AS OTHERWISE DEFINED BY APPLICABLE
STATE LAW.

 

(D)         “CONFIDENTIAL INFORMATION” MEANS ANY AND ALL KNOWLEDGE, INFORMATION,
DATA, METHODS OR PLANS (OTHER THAN TRADE SECRETS) WHICH ARE NOW OR AT ANY TIME
IN THE FUTURE DEVELOPED, USED OR EMPLOYED BY THE COMPANY WHICH ARE TREATED AS
CONFIDENTIAL BY THE COMPANY AND NOT GENERALLY DISCLOSED BY THE COMPANY TO THE
PUBLIC, AND WHICH RELATE TO THE BUSINESS OR FINANCIAL AFFAIRS OF THE COMPANY,
INCLUDING, BUT NOT LIMITED TO, FINANCIAL STATEMENTS AND INFORMATION, MARKETING
STRATEGIES, BUSINESS DEVELOPMENT PLANS, ACQUISITION OR DIVESTITURE PLANS, AND
PRODUCT OR PROCESS ENHANCEMENT PLANS.

 

6.   TERMINATION FOR CAUSE.  FOR PURPOSES OF THIS AGREEMENT, TERMINATION FOR
“CAUSE” MEANS TERMINATION AS A RESULT OF (A) THE WILLFUL AND CONTINUED FAILURE
BY PARTICIPANT TO SUBSTANTIALLY PERFORM HIS OR HER DUTIES WITH THE COMPANY OR
ANY SUBSIDIARY (OTHER THAN A FAILURE RESULTING FROM PARTICIPANT’S INCAPACITY DUE
TO PHYSICAL OR MENTAL ILLNESS), AFTER A WRITTEN DEMAND FOR SUBSTANTIAL
PERFORMANCE IS DELIVERED TO PARTICIPANT BY HIS OR HER SUPERIOR OFFICER WHICH
SPECIFICALLY IDENTIFIES THE MANNER THE OFFICER BELIEVES THAT PARTICIPANT HAS NOT
SUBSTANTIALLY PERFORMED HIS OR HER DUTIES, OR (B) PARTICIPANT’S WILLFUL
MISCONDUCT WHICH MATERIALLY INJURES THE COMPANY, MONETARILY OR OTHERWISE.  FOR
PURPOSES OF THIS SECTION, PARTICIPANT’S ACT, OR FAILURE TO ACT, WILL NOT BE
CONSIDERED “WILLFUL” UNLESS THE ACT OR FAILURE TO ACT IS NOT IN GOOD FAITH AND
WITHOUT REASONABLE BELIEF THAT HIS OR HER ACTION OR OMISSION WAS IN THE BEST
INTEREST OF THE COMPANY.

 

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7.   Transfer of Vested Shares.  Stock certificates (or appropriate evidence of
ownership) representing the unrestricted Shares will be delivered to the
Participant (or to a party designated by the Participant) as soon as practicable
after (but no later than 90 days after) the Vesting Date or event set forth in
Sections 3 or 4; provided, however, if the Participant has properly elected to
defer delivery of the Shares pursuant to a plan or program of the Company, the
Shares shall be issued and delivered as provided in such plan or program.

 

8.   Dividends.  Participants granted the Award shall not be entitled to receive
any cash dividends, stock dividends or other distributions paid with respect to
the Shares, except in circumstances where the distribution is covered by
Section 14 below.

 

9.   Non-Transferability of Award.  Subject to any valid deferral election,
until the Shares have been issued under this Award and the Shares issuable
hereunder and the rights and privileges conferred hereby may not be sold,
transferred, pledged, assigned, or otherwise alienated or hypothecated by
operation of law or otherwise (except as permitted by the Plan).  Any attempt to
do so contrary to the provisions hereof shall be null and void.

 

10.   Conditions to Issuance of Shares.  The Shares deliverable to Participant
hereunder may be either previously authorized but unissued Shares or issued
Shares which have been reacquired by the Company.  The Company shall not be
required to issue any certificate or certificates for Shares prior to
fulfillment of all of the following conditions: (a) the admission of such Shares
to listing on all stock exchanges on which such class of stock is then listed;
(b) the completion of any registration or other qualification of such Shares
under any state or federal law or under the rulings and regulations of the
Securities and Exchange Commission or any other governmental regulatory body,
which the Committee shall, in its discretion, deem necessary or advisable;
(c) the obtaining of any approval or other clearance from any state or federal
governmental agency, which the Committee shall, in its discretion, determine to
be necessary or advisable; and (d) the lapse of such reasonable period of time
following the grant of the Shares as the Committee may establish from time to
time for reasons of administrative convenience.

 

11.   No Rights as Shareholder.  Except as provided in Section 8, the
Participant shall not have voting or any other rights as a shareholder of the
Company with respect to the unvested Shares.  Upon settlement of the Award into
Shares, the Participant will obtain full voting and other rights as a
shareholder of the Company with respect to such Shares.

 

12.   Administration.  The Committee shall have the power to interpret the Plan
and this Agreement and to adopt such rules for the administration,
interpretation, and application of the Plan as are consistent therewith and to
interpret or revoke any such rules.  All actions taken and all interpretations
and determinations made by the Committee shall be final and binding upon the
Participant, the Company, and all other interested persons.  No member of the
Committee shall be personally liable for any action, determination, or
interpretation made in good faith with respect to the Plan or this Agreement.

 

13.   FRACTIONAL SHARES.  FRACTIONAL SHARES WILL NOT BE ISSUED, AND WHEN ANY
PROVISION OF THIS AGREEMENT OTHERWISE WOULD ENTITLE PARTICIPANT TO RECEIVE A
FRACTIONAL SHARE, THAT FRACTION WILL BE DISREGARDED.

 

14.   ADJUSTMENTS IN CAPITAL STRUCTURE.  IN THE EVENT OF A CHANGE IN CORPORATE
CAPITALIZATION AS DESCRIBED IN SECTION 18 OF THE PLAN, THE COMMITTEE SHALL MAKE
APPROPRIATE ADJUSTMENTS TO THE NUMBER AND CLASS OF SHARES OR OTHER STOCK OR
SECURITIES SUBJECT TO THE AWARD.  THE COMMITTEE’S ADJUSTMENTS SHALL BE EFFECTIVE
AND FINAL, BINDING AND CONCLUSIVE FOR ALL PURPOSES OF THIS AGREEMENT.

 

15.   TAXES.  REGARDLESS OF ANY ACTION THE COMPANY OR A SUBSIDIARY (THE
“EMPLOYER”) TAKES WITH RESPECT TO ANY OR ALL INCOME TAX, SOCIAL INSURANCE,
PAYROLL TAX, PAYMENT ON ACCOUNT OR OTHER TAX-RELATED WITHHOLDING (“TAX-RELATED
ITEMS”), PARTICIPANT ACKNOWLEDGES AND AGREES THAT THE ULTIMATE LIABILITY FOR ALL
TAX-RELATED ITEMS LEGALLY DUE BY HIM OR HER IS AND REMAINS PARTICIPANT’S
RESPONSIBILITY AND THAT THE COMPANY AND/OR THE EMPLOYER (I) MAKE NO
REPRESENTATIONS NOR UNDERTAKINGS REGARDING THE TREATMENT OF ANY TAX-RELATED
ITEMS IN CONNECTION WITH ANY ASPECT OF THIS AWARD, INCLUDING THE GRANT OR
VESTING OF THE SHARES SUBJECT TO THIS AWARD, THE SUBSEQUENT SALE OF SHARES
ACQUIRED PURSUANT TO SUCH VESTING AND RECEIPT OF ANY DIVIDENDS; AND (II) DO NOT
COMMIT TO STRUCTURE THE TERMS OR THE GRANT OR ANY ASPECT OF THIS AWARD TO REDUCE
OR ELIMINATE PARTICIPANT’S LIABILITY FOR TAX-RELATED ITEMS.  UPON THE VESTING OF
THIS AWARD, PARTICIPANT SHALL PAY OR MAKE ADEQUATE ARRANGEMENTS SATISFACTORY TO
THE COMPANY AND OR THE EMPLOYER TO WITHHOLD ALL APPLICABLE TAX-RELATED ITEMS
LEGALLY PAYABLE FROM PARTICIPANT’S WAGES OR OTHER CASH COMPENSATION PAID TO
PARTICIPANT BY THE COMPANY AND OR THE EMPLOYER OR FROM PROCEEDS OF THE SALE OF
SHARES.  ALTERNATIVELY, OR IN ADDITION, IF PERMISSIBLE UNDER LOCAL LAW, THE
COMPANY MAY (1) SELL OR ARRANGE FOR SALE OF SHARES THAT PARTICIPANT ACQUIRES TO
MEET THE REQUIRED WITHHOLDING OBLIGATIONS FOR TAX-RELATED ITEMS, AND OR
(2) SATISFY IN

 

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Shares, provided that the Company only withholds the amount of Shares necessary
to withhold the required minimum withholding amount.  In addition, Participant
shall pay the Company or the Employer any amount of Tax-Related Items that the
Company or the Employer may be required to withhold as a result of Participant’s
participation in the Plan or Participant’s purchase of Shares that cannot be
satisfied by the means previously described.  The Company may refuse to honor
the exercise and refuse to deliver the Shares if Participant fails to comply
with Participant’s obligations in connection with the Tax-Related Items.

 

16.   CONSENTS.  BY ACCEPTING THE GRANT OF THIS AWARD, PARTICIPANT ACKNOWLEDGES
AND AGREES THAT: (I) THE PLAN IS ESTABLISHED VOLUNTARILY BY THE COMPANY, IT IS
DISCRETIONARY IN NATURE AND MAY BE MODIFIED, AMENDED, SUSPENDED OR TERMINATED BY
THE COMPANY AT ANY TIME UNLESS OTHERWISE PROVIDED IN THE PLAN OR THIS AGREEMENT;
(II) THE GRANT OF THIS AWARD IS VOLUNTARY AND OCCASIONAL AND DOES NOT CREATE ANY
CONTRACTUAL OR OTHER RIGHT TO RECEIVE FUTURE GRANTS OF SHARES, OR BENEFITS IN
LIEU OF SHARES, EVEN IF SHARES HAVE BEEN GRANTED REPEATEDLY IN THE PAST;
(III) ALL DECISIONS WITH RESPECT TO FUTURE GRANTS, IF ANY, WILL BE AT THE SOLE
DISCRETION OF THE COMPANY; (IV) THE PARTICIPANT’S PARTICIPATION IN THE PLAN
SHALL NOT CREATE A RIGHT OF FURTHER EMPLOYMENT WITH THE COMPANY AND SHALL NOT
INTERFERE WITH THE ABILITY OF THE COMPANY TO TERMINATE PARTICIPANT’S EMPLOYMENT
RELATIONSHIP AT ANY TIME WITH OR WITHOUT CAUSE AND IT IS EXPRESSLY AGREED AND
UNDERSTOOD THAT EMPLOYMENT IS TERMINABLE AT THE WILL OF EITHER PARTY, INSOFAR AS
PERMITTED BY LAW; (V) PARTICIPANT IS PARTICIPATING VOLUNTARILY IN THE PLAN;
(VI) THIS AWARD IS AN EXTRAORDINARY ITEM THAT IS OUTSIDE THE SCOPE OF
PARTICIPANT’S EMPLOYMENT CONTRACT, IF ANY; (VII) THIS AWARD IS NOT PART OF
NORMAL OR EXPECTED COMPENSATION OR SALARY FOR ANY PURPOSES, INCLUDING BUT NOT
LIMITED TO CALCULATING ANY SEVERANCE, RESIGNATION, TERMINATION, REDUNDANCY, END
OF SERVICE PAYMENTS, BONUSES, LONG-SERVICE AWARDS, PENSION OR RETIREMENT
BENEFITS OR SIMILAR PAYMENTS INSOFAR AS PERMITTED BY LAW; (VIII) IN THE EVENT
PARTICIPANT IS NOT AN EMPLOYEE OF THE COMPANY, THIS AWARD WILL NOT BE
INTERPRETED TO FORM AN EMPLOYMENT CONTRACT OR RELATIONSHIP WITH THE COMPANY OR
ANY SUBSIDIARY OR AFFILIATE; (IX) THE FUTURE VALUE OF THE UNDERLYING SHARES IS
UNKNOWN AND CANNOT BE PREDICTED WITH CERTAINTY; (X) IF THE UNDERLYING SHARES DO
NOT INCREASE IN VALUE, THIS OPTION WILL HAVE NO VALUE; (XI) THE VALUE OF THOSE
SHARES MAY INCREASE OR DECREASE IN VALUE; (XII) IN CONSIDERATION OF THE GRANT OF
THIS AWARD, NO CLAIM OR ENTITLEMENT TO COMPENSATION OR DAMAGES SHALL ARISE FROM
TERMINATION OF THIS AWARD OR DIMINUTION IN VALUE OF SHARES SUBJECT TO THE AWARD
RESULTING FROM TERMINATION OF PARTICIPANT’S EMPLOYMENT BY THE COMPANY OR THE
EMPLOYER (FOR ANY REASON WHATSOEVER AND WHETHER OR NOT IN BREACH OF LOCAL LABOR
LAWS) AND PARTICIPANT IRREVOCABLY RELEASES THE COMPANY AND THE EMPLOYER FROM ANY
SUCH CLAIM THAT MAY ARISE; IF, NOTWITHSTANDING THE FOREGOING, ANY SUCH CLAIM IS
FOUND BY A COURT OF COMPETENT JURISDICTION TO HAVE ARISEN, THEN, BY ACCEPTING
THE TERMS OF THIS AGREEMENT, PARTICIPANT SHALL BE DEEMED IRREVOCABLY TO HAVE
WAIVED ANY ENTITLEMENT TO PURSUE SUCH CLAIM; AND (XIII) EXCEPT AS OTHERWISE
EXPRESSLY PROVIDED IN THE PLAN, IN THE EVENT OF INVOLUNTARY TERMINATION OF
EMPLOYMENT (WHETHER OR NOT IN BREACH OF LOCAL LABOR LAWS), PARTICIPANT’S RIGHT
TO RECEIVE AWARDS UNDER THE PLAN, IF ANY, WILL TERMINATE EFFECTIVE AS OF THE
DATE THAT PARTICIPANT IS NO LONGER ACTIVELY EMPLOYED AND WILL NOT BE EXTENDED BY
ANY NOTICE PERIOD MANDATED UNDER LOCAL LAW; FURTHERMORE, IN THE EVENT OF
INVOLUNTARY TERMINATION OF EMPLOYMENT (WHETHER OR NOT IN BREACH OF LOCAL LABOR
LAWS), PARTICIPANT’S RIGHT TO THIS AWARD AFTER TERMINATION OF EMPLOYMENT, IF
ANY, WILL BE MEASURED BY THE DATE OF TERMINATION OF PARTICIPANT’S ACTIVE
EMPLOYMENT AND WILL NOT BE EXTENDED BY ANY NOTICE PERIOD MANDATED UNDER LOCAL
LAW; THE COMMITTEE SHALL HAVE THE EXCLUSIVE DISCRETION TO DETERMINE WHEN
PARTICIPANT IS NO LONGER ACTIVELY EMPLOYED FOR PURPOSES OF THIS AWARD.

 

17.   CONSENT FOR ACCUMULATION AND TRANSFER OF DATA.  PARTICIPANT CONSENTS TO
THE ACCUMULATION AND TRANSFER OF DATA CONCERNING HIM OR HER AND THE AWARD TO AND
FROM THE COMPANY AND UBS, OR SUCH OTHER AGENT AS MAY ADMINISTER THE PLAN ON
BEHALF OF THE COMPANY FROM TIME TO TIME.  IN ADDITION, PARTICIPANT UNDERSTANDS
THAT THE COMPANY HOLDS CERTAIN PERSONAL INFORMATION ABOUT PARTICIPANT, INCLUDING
BUT NOT LIMITED TO HIS OR HER NAME, HOME ADDRESS, TELEPHONE NUMBER, DATE OF
BIRTH, SOCIAL SECURITY NUMBER, SALARY, NATIONALITY, JOB TITLE, AND DETAILS OF
ALL OPTIONS AWARDED, VESTED, UNVESTED, OR EXPIRED (THE “PERSONAL DATA”). 
CERTAIN PERSONAL DATA MAY ALSO CONSTITUTE “SENSITIVE PERSONAL DATA” WITHIN THE
MEANING OF APPLICABLE LOCAL LAW.  SUCH DATA INCLUDE BUT ARE NOT LIMITED TO
INFORMATION PROVIDED ABOVE AND ANY CHANGES THERETO AND OTHER APPROPRIATE
PERSONAL AND FINANCIAL DATA ABOUT PARTICIPANT.  PARTICIPANT HEREBY PROVIDES
EXPLICIT CONSENT TO THE COMPANY TO PROCESS ANY SUCH PERSONAL DATA AND SENSITIVE
PERSONAL DATA.  PARTICIPANT ALSO HEREBY PROVIDES EXPLICIT CONSENT TO THE COMPANY
TO TRANSFER ANY SUCH PERSONAL DATA AND SENSITIVE PERSONAL DATA OUTSIDE THE
COUNTRY IN WHICH PARTICIPANT IS EMPLOYED, AND TO THE UNITED STATES.  THE LEGAL
PERSONS FOR WHOM SUCH PERSONAL DATA ARE INTENDED ARE THE COMPANY, UBS, AND ANY
COMPANY PROVIDING SERVICES TO THE COMPANY IN CONNECTION WITH COMPENSATION
PLANNING PURPOSES OR THE ADMINISTRATION OF THE PLAN.

 

18.   PLAN INFORMATION.  PARTICIPANT AGREES TO RECEIVE COPIES OF THE PLAN, THE
PLAN PROSPECTUS AND OTHER PLAN INFORMATION, INCLUDING INFORMATION PREPARED TO
COMPLY WITH LAWS OUTSIDE THE UNITED STATES, FROM THE PLAN WEBSITE REFERENCED
ABOVE AND SHAREHOLDER INFORMATION, INCLUDING COPIES OF ANY ANNUAL REPORT, PROXY
STATEMENT, FORM  10-K, FORM 10-Q, FORM 8-K AND OTHER INFORMATION FILED WITH THE
SEC, FROM THE INVESTOR RELATIONS SECTION OF THE EQUIFAX

 

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website at www.equifax.com.  Participant acknowledges that copies of the Plan,
Plan prospectus, Plan information and shareholder information are available upon
written or telephonic request to the Company’s Corporate Secretary.

 

19.   PLAN INCORPORATED BY REFERENCE; CONFLICTS.  THE PLAN AND THIS AGREEMENT
CONSTITUTE THE ENTIRE AGREEMENT OF THE PARTIES WITH RESPECT TO THE SUBJECT
MATTER HEREOF AND SUPERSEDE IN THEIR ENTIRETY ALL PRIOR UNDERTAKINGS AND
AGREEMENTS OF THE COMPANY AND PARTICIPANT WITH RESPECT TO THE SUBJECT MATTER
HEREOF, AND MAY NOT BE MODIFIED ADVERSELY TO PARTICIPANT’S INTEREST EXCEPT BY
MEANS OF A WRITING SIGNED BY THE COMPANY AND PARTICIPANT.  NOTWITHSTANDING THE
FOREGOING, NOTHING IN THE PLAN OR THIS AGREEMENT SHALL AFFECT THE VALIDITY OR
INTERPRETATION OF ANY DULY AUTHORIZED WRITTEN AGREEMENT BETWEEN THE COMPANY AND
PARTICIPANT UNDER WHICH AN AWARD PROPERLY GRANTED UNDER AND PURSUANT TO THE PLAN
SERVES AS ANY PART OF THE CONSIDERATION FURNISHED TO PARTICIPANT.  IF PROVISIONS
OF THE PLAN AND THIS AGREEMENT CONFLICT, THE PLAN PROVISIONS WILL GOVERN.

 

20.   PARTICIPANT BOUND BY PLAN.  PARTICIPANT ACKNOWLEDGES RECEIVING A SUMMARY
OF THE PLAN, AND AGREES TO BE BOUND BY ALL THE TERMS AND CONDITIONS OF THE
PLAN.  EXCEPT AS LIMITED BY THE PLAN OR THIS AGREEMENT, THIS AGREEMENT IS
BINDING ON AND EXTENDS TO THE LEGATEES, DISTRIBUTEES AND PERSONAL
REPRESENTATIVES OF PARTICIPANT AND THE SUCCESSORS OF THE COMPANY.

 

21.   GOVERNING LAW.  THIS AGREEMENT HAS BEEN MADE IN AND SHALL BE CONSTRUED
UNDER AND IN ACCORDANCE WITH THE LAWS OF THE STATE OF GEORGIA, USA WITHOUT
REGARD TO CONFLICT OF LAW PROVISIONS.

 

22.   TRANSLATIONS.  IF PARTICIPANT HAS RECEIVED THIS OR ANY OTHER DOCUMENT
RELATED TO THE PLAN TRANSLATED INTO ANY LANGUAGE OTHER THAN ENGLISH AND IF THE
TRANSLATED VERSION IS DIFFERENT THAN THE ENGLISH VERSION, THE ENGLISH VERSION
WILL CONTROL.

 

23.   Severability.  The provisions of this Agreement are severable and if any
one or more provisions are determined to be illegal or otherwise unenforceable,
in whole or in part, the remaining provisions shall nevertheless be binding and
enforceable.

 

PARTICIPANT

 

EQUIFAX INC.

 

 

 

 

 

 

 

 

 

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By:

(Signature)

 

 

Richard F. Smith

 

 

 

Chairman & CEO

(Printed Name)

 

 

 

 

THIS DOCUMENT CONSTITUTES PART OF A PROSPECTUS COVERING

 

SECURITIES THAT HAVE BEEN REGISTERED UNDER THE

 

SECURITIES ACT OF 1933.

 

#132306 (5/19/08)

 

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