exv10w2






Exhibit 10.2




[FORM FOR EXECUTIVE OFFICERS]




RESTRICTED STOCK AWARD NOTICE



AMERICAN MEDICAL SYSTEMS HOLDINGS, INC.



	 	 	 
	Grant Date	 	Number of Restricted Shares
	«Grant_Date»
	 	«Restricted_Stock»






     1. Award Grant. This Notice certifies that, on the Grant Date set forth above
American Medical Systems Holdings, Inc., a Delaware corporation (the “Company”), has granted to:



                                         (the “Participant”)



an award of restricted shares of the Company’s common stock, par value $.0l per share, as set forth
above (the “Restricted Shares”).




     2. Subject to Plan. The Restricted Shares have been granted under the American
Medical Systems Holdings, Inc. 2005 Stock Incentive Plan (As Amended and Restated) (the “Plan”) and
the terms of the Plan are incorporated herein by reference. In the event of any conflict or
inconsistency between this Notice and the Plan, the provisions of the Plan shall control. All
capitalized terms used but not otherwise expressly defined in this Notice shall have the meaning
ascribed to them in the Plan.



     3. Risk of Forfeiture and Transferability Restrictions. The Participant’s right to
retain the Restricted Shares is subject to satisfaction of the vesting conditions set forth herein.
The Restricted Shares will vest and become non-forfeitable, and the restrictions on transfer will
lapse, on a cumulative basis, as set forth in Exhibit A hereto, provided that the Participant is
employed or providing service to the Company or a Subsidiary on, and has been continuously employed
by or providing service to the Company or a Subsidiary through, each such date. The Committee
shall have the authority to modify the vesting of any or all of the then-unvested Restricted Shares
as and in the manner set forth in the Plan. Prior to vesting on the terms and conditions above, no
right or interest of the Participant in the Restricted Shares will be assignable or transferable,
or subjected to any lien, during the lifetime of the Participant, either voluntarily or
involuntarily, directly or indirectly, by operation of law or otherwise.



     4. Rights as a Stockholder. Except as provided in Sections 3 above, the Participant
will have all voting, dividend, liquidation and other rights with respect to the Restricted Shares
upon the Participant becoming the holder of record of such shares as if the Participant were a
holder of record of shares of unrestricted Common Stock; provided, however, that any dividends or
distributions (other than regular quarterly cash dividends) paid with respect to any unvested
portion of the Restricted Shares will be subject to the same restrictions as the Restricted Shares
to which such dividends or distributions relate. No interest will be paid on such dividends or
distributions.



 









 





     5. Termination of Employment or Service. Subject to the authority of the Committee
under Section 12.4 of the Plan and to Sections 6 and 7, below:



          (a) Except as provided in Section 5(b), if the Participant’s employment or other service with
the Company and all Subsidiaries terminates, for any reason, all Restricted Shares unvested at the
time of termination will be terminated and forfeited.




          (b) Change in Control. If (i) the Company terminates the Participant’s employment
with the Company and all Subsidiaries for any reason other than for Cause, or the Participant
terminates the Participant’s employment with the Company and all Subsidiaries for Good Reason, and
(ii) the termination occurs either within the period beginning on the date of a Change in Control
and ending on the last day of the first full calendar month following the first anniversary date of
the Change in Control or prior to a Change in Control if the Participant’s termination of
employment was either a condition of the Change in Control or was at the request or insistence of a
third party related to the Change in Control, then all unvested Restricted Shares shall immediately
fully vest and be non-forfeitable as of the date of such termination. If the Company and the
Participant have entered into a change in control severance agreement, then for purposes of this
Section 5(b) the terms “Cause” and “Good Reason” shall be as defined in the change in control
severance agreement. Further, any inconsistency between this Notice, the Plan and the change in
control severance agreement shall be controlled by this Notice.




     6. Effects of Actions Constituting Cause. Notwithstanding anything in this Notice or
the Plan to the contrary, in the event that the Participant is determined by the Committee, acting
in its sole discretion, to have committed any action which would constitute Cause, irrespective of
whether such action or the Committee’s determination occurs before or after termination of such
Participant’s employment or other service with the Company or any Subsidiary, this Notice and all
rights of the Participant under this Notice and the Plan shall terminate and be forfeited without
notice of any kind. The Committee may defer the vesting of Restricted Shares hereunder for a
period of up to forty-five (45) days in order for the Committee to make any determination as to the
existence of Cause. For purposes of this Section 6, the term “Cause” shall be as defined in the
American Medical Systems, Inc. Executive Severance Pay Plan.



     7. Breach of Confidentiality, Non-Compete or Non-Solicitation. Notwithstanding
anything in this Notice or the Plan to the contrary, in the event that the Participant materially
breaches the terms of any confidentiality, non-compete or non-solicitation agreement entered into
with the Company or any Subsidiary, whether such breach occurs before or after termination of the
Participant’s employment or other service with the Company or any Subsidiary, the Committee in its
sole discretion may require the Participant to surrender Restricted Shares, vested or unvested, and
to disgorge any profits made or realized, in connection with the Restricted Shares.



     8. Participant. Whenever the word “Participant” is used in any provision of this
Notice under circumstances where the provision should logically be construed to apply to the
executors, the administrators, legal representatives or the person or persons to whom the
Restricted Shares may be transferred by will or by the laws of descent and distribution, the word
“Participant” shall be deemed to include such person or persons.



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     9. Binding Effect. This Notice shall be binding upon the heirs, executors,
administrators, successors and permitted assigns of the parties hereto.



	 	 	 	 	 	 	 
	Dated:	 	AMERICAN MEDICAL SYSTEMS HOLDINGS, INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Anthony P. Bihl	 	 
	 

	 	 	 	President and Chief Executive Officer	 	 







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