Form of Restricted Stock Unit Award Agreement under 2010 Stock Incentive Plan



  
 Exhibit 10.43.b

 THE TELX GROUP, INC. 
 2010 STOCK INCENTIVE PLAN 
  

 
 Restricted
Stock Unit Award Agreement: Employees 
  

 
 You are hereby
awarded Restricted Share Units (the “RSUs”) subject to the terms and conditions set forth in this Restricted Share Unit Award Agreement (the “Award Agreement” or “Award”) and in The Telx Group, Inc.
2010 Stock Incentive Plan (the “Plan”). A copy of the Plan is attached as Exhibit A. Terms beginning with initial capital letters within this Agreement have the special meaning defined in the Plan (or in this Award
Agreement, if defined herein). 
 This Award is conditioned on your execution of this Award Agreement within twenty
(20) days after the Grant Date specified in Section 1 below. By executing this Award Agreement, you will be irrevocably agreeing that all of your rights under this Award will be determined solely and exclusively by reference to the terms
and conditions of the Plan, subject to the provisions set forth below. As a result, you should not execute this Award Agreement until you have (i) carefully considered the terms and conditions of the Plan and this Award (including
all of the attached Exhibits), and (ii) consulted with your personal legal and tax advisors about all of these documents. 
  

	1.	Specific Terms. Your RSUs have the following terms: 

  

			
	 Name of Participant
	  	
		
	 Number of Shares

Subject to Award
	  	
		
	 Purchase Price per

Share (if applicable)
	  	Not applicable.
		
	 Grant Date
	  	                 , 20    .
		
	 Vesting
	  	Your Award will vest with respect to twenty-five percent (25%) of the number of Shares designated above on each the first four annual anniversary dates (each a “Vesting
Date”) of the Grant Date, provided that your Continuous Service has not ended before the particular Vesting Date (subject to the terms of any employment agreement between you and the Company).
		
	 Accelerated Vesting
	  	You will become 100% vested in this Award if your Continuous Service ends due to your death or your Disability.
		
	 Deferral Elections
	  	Not allowed.
		
	 Recapture and Recoupment
	  	  ̈ Section 14 of the Plan shall apply re Termination, Rescission, and Recapture of this
Award.
  
  ̈ Section 15 shall
apply re Recoupment of this Award.









  

	2.	Termination of Continuous Service. Subject to the terms of any employment agreement between you and the Company (and/or any Affiliate) that is in effect
when your Continuous Service terminates, this Award shall be canceled and become automatically null and void immediately after termination of your Continuous Service for any reason, but only to the extent you have not become vested, pursuant to
terms of Section 1 above, on or before your Continuous Service ends. 

  

	3.	Satisfaction of Vesting Restrictions. No Shares will be issued before you complete the requirements that are necessary for you to vest in the Shares
underlying your RSUs. As soon as practicable after the later of (i) the date on which your RSUs vest in whole or in part, or (ii) the distribution date or dates set forth in your deferral and distribution election forms (if allowed under
Section 1 and made by you), the Company will issue to you or your duly-authorized transferee, free from vesting restrictions (but subject to such legends as the Company determines to be appropriate), one Share for each vested RSU with such
number of Shares issued to you being reduced by a number of Shares having a fair market value equal to the sum of the par value per Share issued (as payment thereof) plus the minimum statutory tax withholding required in connection with the vesting
of your RSUs, and with cash being withheld from your pay for any additional withholding and employment taxes that applicable tax laws may require. Certificates shall not be delivered to you unless all applicable employment and tax-withholding
obligations have been satisfied. 

  

	4.	Dividends. You shall have Dividend Equivalent Rights with respect to this Award, and Section 10 of the Plan shall accordingly determine your right to
collect any cash dividends or Share dividends that are declared and paid to the holders of Shares between the Grant Date and each vesting or deferred settlement date upon which you are entitled to receive Shares to settle this Award. To the extent
that your Continuous Service ends before full vesting of the RSUs subject to this Award, you will forfeit all cash and Share-based dividends that are attributable to all of your non-vested RSUs. 


 

	5.	Designation of Beneficiary. Notwithstanding anything to the contrary contained herein or in the Plan, following the execution of this Award Agreement, you
may expressly designate a death beneficiary (the “Beneficiary”) to your interest, if any, in this Award and any underlying Shares. You shall designate the Beneficiary by completing and executing a designation of beneficiary agreement
substantially in the form attached hereto as Exhibit B (the “Designation of Death Beneficiary”) and delivering an executed copy of the Designation of Beneficiary to the Company. To the extent you do not duly designate
a beneficiary who survives you, your estate will automatically be your beneficiary. 

  

	6.	Restrictions on Transfer of Award. Your rights under this Award Agreement may not be sold, pledged, or otherwise transferred without the prior written
consent of the Committee. 

  

	7.	 Taxes. Except to the extent otherwise specifically provided in an employment or consulting agreement between you and the Company, by
signing this Award Agreement, you acknowledge that you shall be solely responsible for the satisfaction of any applicable taxes that may arise pursuant to this Award (including taxes arising under Code Section 409A (regarding deferred
compensation) or 4999 (regarding golden parachute excise taxes), and that neither the Company nor the Committee shall have any obligation whatsoever to pay such taxes or to otherwise indemnify or hold you harmless from any or all of such taxes.











	 	 
The Committee shall have the sole discretion to interpret the requirements of the Code, including Section 409A, for purposes of the Plan and this Award Agreement.



  

	8.	Not a Contract of Employment. By executing this Award Agreement you acknowledge and agree that (i) nothing in this Award Agreement or the Plan
confers on you any right to continue an employment, service or consulting relationship with the Company, nor shall it affect in any way your right or the Company’s right to terminate your employment, service, or consulting relationship at any
time, with or without Cause; and (ii) the Company would not have granted this Award to you but for these acknowledgements and agreements. 

  

	9.	Investment Purposes. By executing this Award, you represent and warrant to the Company that any Shares issued to you pursuant to your RSUs will be for
investment for your own account and not with a view to, for resale in connection with, or with an intent of participating directly or indirectly in, any distribution of such Shares within the meaning of the Securities Act of 1933, as amended.


  

	10.	Securities Law Restrictions. By executing this Award Agreement you acknowledge that you have received a copy of the Prospectus describing the Plan. A copy
of the Plan’s Prospectus is attached as Exhibit C. Regardless of whether the offering and sale of Shares under the Plan have been registered under the Securities Act of 1933, as amended (the “Securities Act”), or
have been registered or qualified under the securities laws of any state, the Company at its discretion may impose restrictions upon the sale, pledge or other transfer of such Shares (including the placement of appropriate legends on stock
certificates or the imposition of stop-transfer instructions) if, in the judgment of the Company, such restrictions are necessary or desirable in order to achieve compliance with the Securities Act or the securities laws of any state or any other
law or to enforce the intent of this Award. 

  

	11.	Headings. Section and other headings contained in this Award Agreement are for reference purposes only and are not intended to describe, interpret, define
or limit the scope or intent of this Award Agreement or any provision hereof. 

  

	12.	Severability. Every provision of this Award Agreement and of the Plan is intended to be severable. If any term hereof is illegal or invalid for any
reason, such illegality or invalidity shall not affect the validity or legality of the remaining terms of this Award Agreement. 

  

	13.	Counterparts. This Award Agreement may be executed by the parties hereto in separate counterparts, each of which when so executed and delivered shall be
an original, but all such counterparts shall together constitute one and the same instrument. 

  

	14.	Notices. Any notice or communication required or permitted by any provision of this Award Agreement to be given to you shall be in writing and shall be
delivered electronically, personally, or sent by mail, addressed to you at the last address that the Company had for you on its records. Each party may, from time to time, by notice to the other party hereto, specify a new address for delivery of
notices relating to this Award Agreement. Any such notice shall be deemed to be given as of the date such notice is personally or electronically delivered or properly mailed. 


 

	15.	 Binding Effect. Except as otherwise provided in this Award Agreement or in the Plan, every covenant, term, and provision of this Award
Agreement shall be binding upon and 










	 	 
inure to the benefit of the parties hereto and their respective heirs, legatees, legal representatives, successors, transferees, and assigns. 



 

	16.	Modifications. This Award Agreement may be modified or amended at any time, in accordance with Section 18 of the Plan and provided that you must
consent in writing to any modification that adversely and materially affects any rights or obligations under this Award Agreement. 

  

	17.	Plan Governs. By signing this Award Agreement, you acknowledge that you have received a copy of the Plan and that your Award Agreement is subject to all
the provisions contained in the Plan, the provisions of which are made a part of this Award Agreement and your Award is subject to all interpretations, amendments, rules and regulations which from time to time may be promulgated and adopted pursuant
to the Plan. In the event of a conflict between the provisions of this Award Agreement and those of the Plan, the provisions of the Plan shall control. 

  

	18.	Governing Law. The laws of the State of Delaware shall govern the validity of this Award Agreement, the construction of its terms, and the interpretation
of the rights and duties of the parties hereto. 

 BY YOUR SIGNATURE BELOW, along with the signature of the
Company’s representative, you and the Company agree that this Award is made under and governed by the terms and conditions of this Award Agreement and the Plan. 

 

			
	THE TELX GROUP, INC.
		
	By:	 	  

		 	Name:
		 	Title:
	
	PARTICIPANT
	
	The undersigned Participant hereby accepts the terms of this Award Agreement and the Plan.
	
	 Signature: __________________________________________

	
	
Printed Name of Participant:  ______________________________










  
 Exhibit A

 THE TELX GROUP, INC. 
 2010 STOCK INCENTIVE PLAN 
  

 
 Plan Document

 (attached under this page) 

 
  







  
 Exhibit B

 THE TELX GROUP, INC. 
 2010 STOCK INCENTIVE PLAN 
  

 
 Designation
of Death Beneficiary 
  
  

In connection with the Awards designated below that I have received pursuant to the Plan, I hereby designate the person specified below
as the beneficiary upon my death of my interest in such Awards. This designation shall remain in effect until revoked in writing by me. 
  

			
	Name of Beneficiary:	 	  

		
	Address:	 	  

		
		 	  

		
		 	  

		
	Social Security No.:	 	  


 This beneficiary designation relates to any and all of my rights under the following Award or Awards: 
  

			
	 ̈	 	any Award that I have received or ever receive under the Plan.
	
	 ̈    the
                                Award that I received pursuant to an award
agreement dated                 ,         between myself and the Company.


I understand that this designation operates to entitle the above named beneficiary, in the event of my death, to any and all of my rights
under the Award(s) designated above from the date this form is delivered to the Company until such date as this designation is revoked in writing by me, including by delivery to the Company of a written designation of beneficiary executed by me on a
later date. 
  

					
	Date:	 	  
	 	
			
	By:	 	  
	 	
		 	Name of Participant	 	


  

	
	 Sworn to before me this

	         day of
                        , 200_

	 _________________________

	 Notary Public

County of        _________________

	 State of__________________









  
 Exhibit C

 THE TELX GROUP, INC. 
 2010 STOCK INCENTIVE PLAN 
  

 
 Plan
Prospectus 
 (attached under this page)