Exhibit 10.116

SMD/Retirement
Version

COUNTRYWIDE FINANCIAL CORPORATION    2006 EQUITY INCENTIVE PLAN    RESTRICTED STOCK UNIT AWARD AGREEMENT

The Participant specified below has been granted these Restricted Stock Units ("Units") by COUNTRYWIDE FINANCIAL
CORPORATION, a Delaware corporation (the "Company") under the terms of theCOUNTRYWIDE FINANCIAL CORPORATION 2006 EQUITY INCENTIVE PLAN(the "Plan"). The Units shall be subject to
the terms and conditions set forth herein (the "Agreement") as well as the terms of the Plan.

Section 1.    Award.In accordance with the Plan, the Company hereby grants to the Participant the number of
Units set forth below. On any date, a Unit has a value equal to the Fair Market Value of one share of Stock. The Participant shall have no rights with respect to a Unit until the Unit vests in
accordance withSection 3of this Agreement. Prior to actual payment, Units represent an unsecured obligation of the Company, payable only from
the general assets of the Company. The Units are in all respects limited and conditioned as provided herein. Except where the context clearly implies to the contrary, any capitalized terms in this
award shall have the meaning ascribed to them in the Plan.

Section 2.    Terms of Award.The following words and phrases relating to the grant of the Units shall have
the following meanings:

(a)   The
"Participant" is<First Name> <Last Name>.

(b)   The
"Grant Date" is<Date>.

(c)   The
number of "Units" is <Units>.

Section 3.    Vesting.

(a)   Except
as otherwise provided in this Agreement, Units will vest as indicated in the following table, provided, in each case, the Participant has not had a Termination of
Service prior to the applicable vesting date(s):

INSTALLMENT

VESTING DATES33%

1st Anniversary of Grant Date33%

2nd Anniversary of Grant Date34%

3rd Anniversary of Grant Date


(b)   Notwithstanding
the foregoing provisions of thisSection 3or any provision of Section 4.1 of the Plan to
the contrary, all Units shall vest immediately upon the earliest of the following events to occur (the"Event Date"): (i) the Participant's
Termination of Service as a result of a "Workforce Reduction" (as defined below), (ii) a Change in Control other than the
"Merger" (as defined in the Agreement and Plan of Merger by and among Countrywide Financial Corporation, Bank of America Corporation and Red Oak Merger
Corporation dated as of January 11, 2008 (the "Merger Agreement")) that occurs on or before the Participant's Termination of Service (provided
that, for such purpose, from and after the "Effective Time", as defined in the Merger Agreement, a Change in Control shall be determined by reference to
Bank of America Corporation rather than the Company) or (iii) the Participant's Termination of Service as a result of the Participant's death, Disability or
"Retirement". For purposes of this Agreement, and notwithstanding any provisions of the Plan to the contrary, Retirement means the Participant's
Termination of Service after having attained at least age sixty-five (65).

(c)   For
purposes of this Agreement, a Workforce Reduction means a Participant's Termination of Service that results in the Participant becoming eligible to receive severance
pay under the Countrywide

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Financial
Corporation Change in Control Severance Plan (As Amended and Restated June 14, 2006) or any other severance plan of the Company, Bank of America Corporation or any of their affiliates
under which the Participant is covered at the time of the Participant's Termination of Service. A PARTICIPANT'S TERMINATION OF SERVICE SHALL NOT BE CONSIDERED DUE TO WORKFORCE
REDUCTION UNLESS THE PARTICIPANT EXECUTES A GENERAL RELEASE OF CLAIMS AGAINST THE COMPANY AND ITS AFFILIATES IN A FORM CUSTOMARILY USED BY THE PARTICIPANT'S EMPLOYER AT THE TIME OF THE PARTICIPANT'S
TERMINATION OF SERVICE AS APPLICABLE TO SIMILARLY SITUATED EMPLOYEES, AS WELL AS ANY OTHER DOCUMENTS AS MAY BE REQUIRED BY THE PARTICIPANT'S EMPLOYER IN CONNECTION WITH RECEIVING SEVERANCE BENEFITS
UNDER THE APPLICABLE SEVERANCE PLAN. ALL SUCH DOCUMENTS SHALL BE EXECUTED AS SOON AS ADMINISTRATIVELY PRACTICABLE FOLLOWING THE PARTICIPANT'S TERMINATION OF SERVICE, BUT IN NO EVENT MORE THAN
SEVENTY-FIVE DAYS FOLLOWING THE PARTICIPANT'S TERMINATION OF SERVICE.

(d)   Notwithstanding
any contrary provision of this Agreement, any Units that have not vested pursuant to this Section 3will be forfeited and cancelled immediately upon Participant's Termination of Service.

Section 4.    Settlement of Units.

(a)Units That Become Vested Upon Vesting Date.    As soon as administratively practicable following the applicable
Vesting Date identified inSection 3(a)of this Agreement, but in no event more than seventy-five days following the applicable
Vesting Date, the Company shall make a cash payment to the Participant equal to the Fair Market Value of one share of Stock as of the Vesting Date in settlement of each vested Unit then payable.

(b)Units That Become Vested Upon Event Date.    To the extent that the Participant's Units become vested upon an
Event Date as provided inSection 3(b)other than death, they shall become payable as soon as administratively practicable following the
originally scheduled Vesting Dates pursuant toSection 3(a)of this Agreement, but in no event more than seventy-five days following
the applicable Vesting Date. The Company shall make a cash payment to the Participant equal to the Fair Market Value of one share of Stock as of the applicable Vesting Date in settlement of each
vested Unit then payable. To the extent that the Participant's Units become vested upon a Termination of Service as a result of the Participant's death as provided in Section 3(b), they shall
become payable as soon as administratively practicable, but in no event more than seventy-five days,
following the date of such death.

Section 5.    Withholding.All payments pursuant to this Agreement shall be subject to withholding of all
applicable Federal, state and local income taxes, as determined by the Company, in its sole discretion.

Section 6.    Heirs and Successors.The Agreement shall be binding upon, and inure to the benefit of, the
Company and its successors and assigns, and upon any person acquiring, whether by merger, consolidation, purchase of assets or otherwise, all or substantially all of the Company's assets and business.
If any rights of the Participant or benefits distributable to the Participant under this Agreement have not been settled or distributed, respectively, at the time of the Participant's death, such
rights shall be settled and payable to the Designated Beneficiary, and such benefits shall be distributed to the Designated Beneficiary, in accordance with the provisions of the Agreement. The
"Designated Beneficiary" shall be the beneficiary or beneficiaries designated by the Participant in a writing filed with the Committee on a form as the
Committee may require. The designation of beneficiary form may be amended or revoked from time to time by the Participant. If a deceased Participant fails to choose a Designated Beneficiary, or if no
Designated Beneficiary survives the Participant, any rights that would have been payable to the Participant shall be payable to the legal representative of the estate of the Participant. If a
Designated Beneficiary survives the Participant but

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dies
before the settlement of Designated Beneficiary's rights under this Agreement, then any rights that would have been payable to the Designated Beneficiary shall be payable to the legal
representative of the estate of the Designated Beneficiary.

Section 7.    Non-Transferability of Unit.Except as otherwise provided in Section 6 of
this Agreement, the Units are non-transferable at all times. The Participant may not sell, assign, transfer, pledge, hypothecate, mortgage, encumber or dispose of (together, "Transfer")any Units
awarded under this Agreement. Any attempted Transfer of Units shall be null and void and will result in the immediate forfeiture
and cancellation of all of the Units subject to this Agreement.

Section 8.    No Voting or Dividend Rights.The Participant shall at no time be a shareholder of record with
respect to the Units and shall at no time have any voting rights or rights to dividends or dividend equivalents with respect to the Units.

Section 9.    Securities Laws.The Participant acknowledges that certain restrictions under state or Federal
securities laws may apply with respect to the Units granted pursuant to this Award. Participant hereby agrees to execute such documents and take such actions as the Company may reasonably require with
respect to applicable state and Federal securities laws.

Section 10.    Adjustments.The existence of this award shall not affect in any way the right or power of
the Company or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations, or other changes in the Company's capital structure or its business, or any merger or
consolidation of the Company, or any issue of bonds, debentures, preferred or prior preference stocks ahead of or convertible into, or otherwise affecting the Company's common stock or the rights
thereof, or the dissolution or liquidation of the Company, or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding, whether of a similar
character or otherwise.

Section 11.    Electronic Delivery.The Company may, in its sole discretion, decide to deliver any documents
related to this grant or future awards that may be granted under the Plan by electronic means or request the Participant's consent to participate in the Plan by electronic means. The Participant
hereby consents to receive such documents by electronic delivery and, if requested, agrees to participate in the Plan through an on-line or electronic system established and maintained by
the Company or another third party designated by the Company.

Section 12.    Administration.The authority to manage and control the operation and administration of the
Agreement and the Plan shall be vested in the Committee, and the Committee shall have all powers with respect to the Agreement as it has with respect to the Plan. Any interpretation of the Agreement
or the Plan by the Committee and any decision made by it with respect to the Agreement or the Plan are final and binding on all persons.

Section 13.    Plan Governs.Notwithstanding anything in the Agreement to the contrary, the Agreement shall
be subject to the terms of the Plan, a copy of which may be obtained by the Participant from the office of the Secretary of the Company. The Agreement is subject to all interpretations, amendments,
rules and regulations promulgated by the Committee from time to time pursuant to the Plan. The Participant acknowledges having read the Plan Prospectus and agrees to be bound by all of the terms and
conditions of the Plan and the Agreement.

Section 14.    Not An Employment Contract.The Units will not confer on the Participant any right with
respect to continuance of employment or other service with the Company or any Subsidiary, nor will it interfere in any way with any right the Company or any Subsidiary would otherwise have to
terminate or modify the terms of such Participant's employment or other service at any time.

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Section 15.    Amendment.The Agreement may be amended in accordance with the provisions of the Plan, and
may otherwise be amended by written agreement of the Participant and the Company without the consent of any other person.

Section 16.    Section 409A Amendment.This Agreement is intended to comply with the requirements of
Code Section 409A and shall be interpreted consistent with that intent. The Committee reserves the right (including the right to delegate such right) to unilaterally amend this Agreement
without the consent of the Participant in order to maintain an exclusion from the application of, or to maintain compliance with, Code Section 409A. Participant's acceptance of this Award
constitutes acknowledgement and consent to such rights of the Committee.

Section 17.    Severability.In the event any provision of this Agreement shall be held illegal or invalid
for any reason, the illegality or invalidity shall not affect the remaining parts of the Agreement, and the Agreement shall be construed and enforced as if the illegal or invalid provision had not
been included. This Agreement constitutes the final understanding between the Participant and the Company regarding the Units. Any prior agreements, commitments or negotiations concerning the Units
are superseded.

IN WITNESS WHEREOF, the Company has caused this Agreement to be executed in its name and on its behalf, all as of the Grant Date and the
Participant hereby executes and acknowledges acceptance of the terms and conditions of this Agreement.

Countrywide Financial Corporation:

|/s/ BECKY BAILEYBecky Bailey
MD, Global Benefits and Executive Compensation |  | 
|--------------------------------------------------------------------------- |  | 

Yes, I do accept(Click here to accept the terms and conditions of the Agreement
and to acknowledge your receipt and understanding of the
2006 Equity Incentive Plan Prospectus.)

No, I do not accept(Click here to reject and forfeit the award.)

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