exv10w17






Exhibit 10.17



TEMPLATE FORM




FOSTER WHEELER AG OMNIBUS INCENTIVE PLAN


Employee Restricted Stock Unit Award Agreement




	 	 	 	 	 	 	 

	 

	 	Name of Participant:	 	 	 	 
	 

	 	 	 	 

	 	 
	 
	 	 	 	 	 	 
	 

	 	Grant Date:
	 	[May 13, 2010]	 	 
	 
	 	 	 	 	 	 
	 

	 	Number of Restricted Stock Units
Awarded:	 	 	 	 
	 

	 	 	 	 

	 	 






     Pursuant to the Foster Wheeler AG Omnibus Incentive Plan (the “Plan”), a copy of which has
been delivered to you, along with a prospectus describing the material terms of the Plan, and in
accordance with the terms and conditions of the Plan and your agreement to such additional terms,
conditions and restrictions as are set forth below, you have been granted as of the date set forth
above a Restricted Stock Unit Award (the “Restricted Stock Unit Award”), meaning the right to
receive registered shares of Foster Wheeler AG (the “Company”) on the terms and conditions set
forth herein. Capitalized terms used but not defined in this Employee Restricted Stock Unit Award
Agreement (the “Agreement”) have the meanings ascribed to them in the Plan.



     1. Acceptance of Restricted Stock Unit Award. Subject to the terms and
conditions of this Agreement and the Plan (the terms of which are incorporated herein by reference)
and effective as of the date set forth above, the Company hereby grants to you and you hereby
accept the grant of the number of Restricted Stock Units (the “Units”) set forth above. Units will
be settled only in Shares of the Company on a one Share for one Unit basis, rounded up or down to
the nearest whole Share, and not in cash.



     2. Relation of Restricted Stock Unit Award to Other Agreement(s). As an
express condition to acceptance of this Restricted Stock Unit Award, subject to the special
exception provided under Section 3(g) of this Agreement (which governs a Change in Control
situation), you agree that:




          (a) Except to the extent you are or subsequently become a party to (i) a
written service or other agreement with the Company, or (ii) a written service or other
agreement with an Affiliate or Subsidiary (which Affiliate or Subsidiary is incorporated in
the United States or Bermuda) which has been approved by the Board or Committee or executed
by the person who is the Chief Executive Officer of the Company (the “Other Agreement”), the
only vesting and lapse of forfeiture restriction provisions that govern the Restricted Stock
Unit Award under this Agreement are set forth in Section 3 of this Agreement;




          (b) To the extent that the vesting and lapse of forfeiture restriction
provisions of this Agreement or the Plan’s terms are inconsistent with an Other Agreement,
the provisions of your Other Agreement shall govern and control, subject to the special
exception provided under Section 3(g) of this Agreement (which governs a Change in Control
situation); and



 









 






     (c) Except as expressly provided in paragraph (b) above, the terms of any
Other Agreement shall in no way alter or amend, or provide additional rights or benefits,
under the Restricted Stock Unit Award governed by this Agreement.



     3. Vesting; Termination; Assignment and Proxy; Payment of Par Value.



          (a) General Vesting Rule. You will be issued Shares in settlement of
the Units only as you vest in the Units, meaning that the Units will be settled in whole
Shares on the day on which you vest in any portion of the Units (hereinafter referred to as
a “Vesting Date”). So long as you remain continuously employed by the Company or any
Affiliate through such Vesting Date(s), and except as otherwise set forth in this Section 3,
the Units shall vest and your right to receive and retain the Shares in settlement of such
Units will become nonforfeitable in accordance with the following schedule:





     (i) One-third of the Units shall vest on the first (1st)
anniversary of the Grant Date;




     (ii) Another one-third of the Units shall vest on the second
(2nd) anniversary of the Grant Date; and




     (iii) The remaining one-third of the Units shall vest on the third
(3rd) anniversary of the Grant Date.




     (b) Termination as a Result of Death or Disability. In the event of
your termination of employment as a result of your death or Disability (as defined in
Section 2(q) of the Plan), any unvested Units shall immediately vest as of the date of such
termination for death or Disability.




     (c) Termination as a Result of Involuntary Termination or Resignation for
Good Reason. In the event of the your termination of employment as a result of your
Involuntary Termination (as defined in Section 2(aa) of the Plan) or Resignation for Good
Reason (as defined in Section 2(tt) of the Plan), all unvested Units shall expire
immediately, be forfeited and considered null and void.




     (d) Termination as a Result of Retirement. In the event of your
termination of employment as a result of your Retirement (which for purposes of this
Agreement is as defined in Section 2(vv) of the Plan), any unvested Units shall vest
pro-rata as of the date of your termination due to Retirement based on the following
formula:




     (i) the total number of Units, times




     (ii) a ratio, the numerator of which is the total number of months of
employment from May 13, 2010 to the end of the month in which the date of
termination due to Retirement occurs, and the denominator of which is thirty-six
(36), rounded to the nearest whole number; less




     (iii) the total number of Units in which you have previously vested
prior to your date of Retirement.



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The remaining portion of the unvested Units which are not accelerated for vesting purposes
shall be immediately forfeited.




Example: The following example is included merely for demonstrative
purposes.




Ann is granted 1,000 Units on May 13, 2010. She will vest in her Units as follows:
(1) 333 Units on the 1st anniversary of the Grant Date, (2) 333 Units on
the 2nd anniversary of the Grant Date, and (3) 334 Units on the
3rd anniversary of the Grant Date. Ann subsequently announces her
Retirement effective June 1, 2011.




As of June 1, 2011, Ann will immediately vest in additional unvested Units equal to
the amount of 42 (equal to 1,000 Units multiplied by 13.5 months of employment
divided by 36 reduced by 333 Units previously vested).




     (e) Termination for Cause. In the event your employment is
terminated for Cause (as defined in Section 2(i) of the Plan), all unvested Units and all
Shares received in settlement of vested Units shall expire immediately, be forfeited and
considered null and void, and the provisions of Section 4 of this Agreement shall control.




     (f) Termination — General. In the event of your termination of
employment other than as a result of your death, Disability (as defined in Section 2(q) of
the Plan), Involuntary Termination (as defined in Section 2(aa) of the Plan), Resignation
for Good Reason (as defined in Section 2(tt) of the Plan), Retirement, or Cause (as defined
in Section 2(i) of the Plan), all unvested Units shall expire immediately, be forfeited and
considered null and void.




     (g) Change in Control Acceleration. In the event of a Change in
Control (as defined in Section 2(j) of the Plan) which closes on a date prior to your
termination of employment, any unvested Units shall immediately become fully vested,
effective as of immediately prior to consummation of the Change in Control. Notwithstanding
the foregoing, to the extent that an employment, change in control or other agreement or
arrangement with the Company or an Affiliate provides benefits of greater value upon a
Change in Control that those provided in this paragraph (g), the rights set forth in such
other agreement shall supersede the provisions of this paragraph (g). Comparatively, to the
extent that an employment, change in control or other agreement or arrangement with the
Company or an Affiliate provides benefits of lesser value upon a Change in Control that
those provided in this paragraph (g), the rights set forth in this paragraph (g) shall
supersede the provisions of such other agreement.




     (h) Other Termination Events. Notwithstanding anything to the
contrary contained in this Agreement, the Units will terminate and expire immediately upon
the occurrence of the circumstances set forth in Section 11.2 of the Plan, and the
provisions of Section 4 of this Agreement shall control.




     (i) Forfeiture Price. In the event that any Shares previously issued
to you in settlement of the Units are required to be forfeited under Section 3(e) or Section
3(h), then the Company will have the right (but not the obligation) to repurchase any or all
of such forfeited Shares for $0.001 per Share. The Company will have ninety (90) days from
the date of any event giving rise to forfeiture under Section 3(e) or Section 3(h), as the
case may be, within which to effect a repurchase of any or all of the Shares subject to such
forfeiture conditions. The Company’s right to repurchase the Shares under this paragraph
(i) is assignable by the Company,
in its sole discretion, to an Affiliate or other party to whom such rights can be
assigned under the Applicable Laws (as defined in Section 2(c) of the Plan).



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     (j) Assignment and Transfer. For the sole purpose of enabling
electronic trading of the awarded Shares on the NASDAQ Global Select Market, the awarded
Shares must be assigned and transferred to Cede & Co., the Nominee of the Depository Trust
Company, a US clearing agency. By signing this Agreement, you make such assignment and
transfer to Cede & Co., effective upon the date of delivery of Shares under this Agreement.
By signing this Agreement, you also (i) appoint the Company’s Secretary and each of its
Assistant Secretaries your proxy with the right of substitution to make such assignment and
transfer to Cede & Co. and (ii) agree to execute and deliver any further documents as the
Company or Cede & Co. may require in order to effectuate such assignment and transfer to
Cede & Co., all with such assignment and transfer being effective upon the date of delivery
of Shares under this Agreement. For the avoidance of doubt, the foregoing assignment and
transfer will not adversely affect your beneficial ownership of, or ability to trade, the
awarded Shares.




     (k) Exercise Notice. Swiss law requires the execution of an exercise
notice for Shares to issue out of the conditional capital of the Company. By signing this
Agreement, you appoint the Company’s Secretary and each of its Assistant Secretaries your
proxy with the right of substitution to execute and deliver an exercise notice at or about
the time you vest in the Units. The Company reserves the right to require you to sign and
deliver an exercise notice substantially in the form attached hereto as Exhibit A, with it
being understood that any payment of par value will be in accordance with Section 3(l)
below.




     (l) Payment of Par Value. Swiss law and the Company’s Articles of
Association require that par value be paid in cash to the Company for any Shares issued in
settlement of your Restricted Stock Unit Award if the Company does not have treasury shares
available on the date of delivery of such Shares. However, if such cash payment is
required, your employer has arranged with the Company to make the payment on your behalf as
part of your award. Accordingly, you yourself will not have to make any such payment.




     (m) Termination of Relationship. The Committee shall have the
discretion to determine whether your employment has been terminated as well as the date of
such termination of employment for purposes of this Restricted Stock Unit Award.



     4. Forfeiture Events. In addition to the rights available to the Company
under Section 3(i) immediately above, upon the occurrence of any of the events set forth in Section
11.2 of the Plan (a “Forfeiture Event”), you, without any further action by the Company or you,
shall forfeit, as of the first day of any such Forfeiture Event:




     (a) all rights and interest to these Units;




     (b) any Shares received in settlement of these Units then owned by you or by
another person for your benefit; and




     (c) any and all profits realized by you, on an after-tax basis, pursuant to
any sales or transfer of any Shares received in settlement of these Units within the six (6)
month period prior to the date of such Forfeiture Event.


Additionally, the Company shall have the right to issue a stop transfer order and other appropriate
instructions and other documents implementing the above-described forfeiture to its transfer agent,
Cede & Co., the depository or any of its nominees, and/or any other person with respect to this
Unit and the Shares, and the Company further shall be entitled to reimbursement from you of any
fees and expenses (including attorneys’ fees) incurred by or on behalf of the Company in enforcing
the Company’s rights


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under this Section 4. By accepting this Restricted Stock Unit Award, you
hereby consent to a deduction from any amounts the Company owes to you from time to time (including
amounts owed to you as compensation as well as any other amounts owed to you by the Company), to
the extent of any amounts that you owe to the Company under this Section 4. Whether or not the
Company elects to make any set-off in whole or in part, if the Company does not recover by means of
set-off the full amount you owe to the Company, calculated as set forth above, you agree to pay
immediately the unpaid balance to the Company. You hereby grant the Company a proxy on your
behalf, and you hereby agree to execute any documents necessary or appropriate to carry out the
foregoing.




     5. Form of Shares. The Company is authorized to issue registered shares in
certificated or uncertificated form and it may choose the form of issuance if and when registered
shares issue.



     6. Changes in Company’s Capital Structure. Subject to any required action
by the Company’s Board and stockholders, as may be determined to be appropriate and equitable by
the Committee, to prevent dilution or enlargement of rights, the Committee shall:




     (a) adjust proportionately the number of Units for any increase or decrease
in the number of issued and outstanding registered shares resulting from a subdivision or
combination of such shares or the payment of a stock dividend or any other increase or
decrease in the number of such outstanding registered shares of the Company effected without
the receipt of consideration by the Company; and




     (b) if the Company is a participating corporation in any merger or
consolidation and provided the Units are not terminated upon consummation of such merger or
consolidation, modify such Units to pertain to and apply to the securities or other property
to which a holder of the number of shares subject to the Units would have been entitled upon
such consummation.


Notwithstanding anything to the contrary, such adjustments by the Committee shall be final, binding
and conclusive.




     7. Tax Withholding Obligations. As a condition to receipt of Shares in
settlement of the Units, you acknowledge your obligation with respect to any tax or similar
withholding obligations that may arise in connection with receipt or vesting of the Units and/or
receipt of the Shares. Pursuant to Article 20 of the Plan, you may satisfy withholding tax
obligations through either (a) giving instructions to a broker for the sale on the open market of a
sufficient number of Shares to pay the applicable withholding tax or (b) depositing with the
Company an amount of funds equal to the estimated withholding tax liability. If you fail to
satisfy such obligations in either of these ways, the Company may require that the Shares otherwise
scheduled to be delivered in settlement upon vesting of the Units on any given date be forfeited.
You understand that the Company’s rights to ensure satisfaction of applicable withholding
obligations with respect to the settlement of Units may require planning on your part, in advance
of the expected Vesting Date(s) specified in Section 3 above. The Company will not deliver any of
the Shares until and unless you have made proper provision for all applicable tax and similar
withholding obligations.



     8. US Tax Consequences. Below is a brief summary as of the date of this
Restricted Stock Unit Award of certain United States federal tax consequences of the award of the
Units and disposition of
the Shares delivered in settlement of the Units under the laws in effect as of the Grant Date.
THIS SUMMARY IS INCOMPLETE, AND THE TAX LAWS AND REGULATIONS ARE SUBJECT TO CHANGE. YOU SHOULD
CONSULT A TAX ADVISER BEFORE SETTLEMENT OF THIS RESTRICTED STOCK UNIT AWARD OR DISPOSING OF THE
SHARES ISSUED IN SETTLEMENT. There may be a regular federal (and state) income tax liability when
the Units vest on



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the Vesting Date(s). You will be treated as having received compensation income
(taxable at ordinary income tax rates) equal to the current Fair Market Value of the Shares
underlying the Units on the date of vesting (i.e., when the forfeiture provisions lapse). If
Shares issued upon vesting of this Restricted Stock Unit Award are held for at least one year, any
gain realized on disposition of those Shares will be treated as long-term capital gain for federal
income tax purposes. You are obligated as a condition of receiving this Restricted Stock Unit
Award to satisfy any applicable withholding obligations that apply thereto.



     9. Effect of Agreement. You acknowledge receipt of a copy of the Plan and
represent that you are familiar with the terms and provisions thereof (and have had an opportunity
to consult counsel regarding the Units’ terms), and hereby accept this Restricted Stock Unit Award
and agree to be bound by its contractual terms as set forth herein and in the Plan. You hereby
agree to accept as binding, conclusive and final all decisions and interpretations of the Committee
regarding any questions relating to the Units. In the event of a conflict between the terms and
provisions of the Plan and the terms and provisions of this Agreement, the Plan terms and
provisions shall prevail.



     10. Restriction on Transferability. Until settlement of the Units and
issuance to you of the Shares subject thereto, the Units may not be sold, transferred, pledged,
assigned or otherwise alienated at any time. Any attempt to do so contrary to the provisions
hereof shall be null and void. Notwithstanding the above and subject to Section 12 below,
distribution can be made pursuant to will, the laws of descent and distribution, intra-family
transfer instruments or to an inter vivos trust.



     11. Voting Rights. You will have no voting or any other rights as a
shareholder of the Company with respect to the Units prior to the date on which you are issued the
Shares in settlement thereof. Upon delivery of the Shares in settlement of the Units, you will,
subject to and governed by the procedures under the Company’s Articles of Association, obtain
voting and other rights.



     12. Designation of Beneficiaries. You may, in accordance with procedures
established by the Committee, designate one or more beneficiaries to receive all or part of any
Shares to be distributed to you hereunder in settlement of Units in the case of your death, and you
may change or revoke such designation at any time. In the event of your death, any Shares
distributable hereunder that are subject to such a designation (to the extent such a designation is
enforceable under the Applicable Laws (as defined in Section 2(c) of the Plan)) will be distributed
to such beneficiary or beneficiaries in accordance with this Agreement. Any other Shares
distributable will be distributed to your estate. If there is any question as to the legal right
of any beneficiary to receive a distribution hereunder, the amount in question will be paid over to
your estate, in which event neither the Company nor any affiliate of the Company will have any
further liability to anyone with respect to such amount.



     13. Amendment of Restricted Stock Unit Award. The Committee may at any time
amend, alter, suspend or discontinue the Plan, but no amendment, alteration, suspension or
discontinuation (other than as explicitly permitted under the Plan) shall be made that would
adversely affect your rights under this Agreement without your consent.



     14. Governing Law. The laws of the state of New Jersey, without giving
effect to principles of conflicts of law, will apply to the Plan, this Restricted Stock Unit Award
and this Agreement. The Company agrees, and you agree as a condition to acceptance of the
Restricted Stock Unit Award, to
submit to the jurisdiction of the courts located in the jurisdiction in which you are
employed, or were most recently employed, by the Company.



     15. Data Protection. You acknowledge and agree (by executing this
Agreement) to the collection, use, processing and transfer of certain personal data as described in
this Section 15. You understand that you are not obliged to consent to such collection, use,
processing and transfer of personal



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data. However, you understand your failure to provide such
consent may affect your ability to participate in the Plan. You understand that the Company may
hold certain personal information about you, including your name, social security number (or other
tax identification number) salary, nationality, job title, position evaluation rating along with
details of all past awards and current awards outstanding under the Plan, for the purpose of
managing and administering the Plan (the “Data”). The Company, or its Affiliates, will transfer
Data amongst themselves as necessary for the purpose of implementation, administration and
management of the Plan. The Company and/or any of it Affiliates may further transfer Data to any
third parties assisting the Company in the implementation, administration and management of the
Plan. These various recipients of Data may be located elsewhere throughout the world. You
authorize these various recipients of Data to receive, possess, use, retain and transfer the Data,
in electronic or other form, for the purposes of implementing, administering and managing the Plan,
including any required transfer of such Data as may be required for the subsequent holding of
Shares subject to the Unit on your behalf by a broker or other third party with whom you may elect
to deposit any Shares subject to the Unit acquired pursuant to the Plan. You understand that you
may, at any time, review Data with respect to you and require any necessary amendments to such
Data. You also understand that you may withdraw the consents to use Data herein by notifying the
Company in writing; however, you understand that by withdrawing your consent to use Data, you may
affect your ability to participate in the Plan.



     16. Employment Matters. This Restricted Stock Unit Award does not form part
of your entitlement to remuneration or benefits in terms of your employment by the Company. Your
terms and conditions of employment are not affected or changed in any way by this Restricted Stock
Unit Award or by the terms of the Plan or this Agreement. No provision of this Agreement or of the
Restricted Stock Unit Award granted hereunder shall give you any right to continue in the
employment of the Company or any Affiliate, create any inference as to the length of your
employment, affect the right of the Company or any Affiliate to terminate your employment, with or
without Cause (as defined in Section 2(i) of the Plan), or give you any right to participate in any
employee welfare or benefit plan or other program (other than the Plan) of the Company or any
Affiliate. You acknowledge and agree (by executing this Agreement) that the granting of the
Restricted Stock Unit Award under this Agreement is made on a fully discretionary basis by the
Company and that this Agreement does not lead to a vested right to further awards in the future.
Further, the Restricted Stock Unit Award set forth in this Agreement constitutes a non-recurrent
benefit and the terms of this Agreement are only applicable to the Units awarded pursuant to this
Agreement.



     17. Tax Provisions Applicable to Non-US Persons. This Section 17 shall
apply to you if you are resident in and/or subject to the laws of a country other than the United
States at the time of grant of the Restricted Stock Unit Award and during the period in which you
hold this Restricted Stock Unit Award or the Shares issued in settlement thereof.




     (a) Applicable if you are not a US person (including as to UK
persons): You hereby agree to indemnify and keep indemnified the Company and any
Affiliate from and against any liability for, or obligation to pay, income tax and
employer’s and/or employee’s national insurance or social security contributions arising on
the grant of the Restricted Stock Unit Award, vesting of the Restricted Stock Unit Award or
the issuance of the Shares in settlement.




     (b) Applicable if you are a UK person: Where any obligation to pay
income tax or employee’s national insurance contributions or social security contributions
(any such obligation or contribution, a “Tax Liability”) arises, the Company or any
Affiliate may recover from you an amount of money sufficient to meet the Tax Liability by
any of the following arrangements:




     (i) deduction from salary or other payments due to you; or



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     (ii) withholding from the issuance to you of that number of Shares
(otherwise to be acquired by you in settlement of the Units) whose aggregate Fair
Market Value on the date of exercise is, so far as possible, equal to but neither
less than nor more than the amount of Tax Liability.




If you are unable to satisfy your Tax Liability pursuant to either subparagraph (i) or
clause (ii) above, the Company may additionally cause the forfeiture of any Shares otherwise
scheduled to become vested under the Restricted Stock Unit Award on a given date to avoid
imposition of any Tax Liability to you.



     18. Severability. In the event that 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 this Agreement, and this Agreement shall be construed and enforced as if the
illegal or invalid provision had not been included.



     19. Waiver; Cumulative Rights. The failure or delay of either party to
require performance by the other party of any provision hereof shall not affect its right to
require performance of such provision unless and until such performance has been waived in writing.
Each and every right hereunder is cumulative and may be exercised in part or in whole from time to
time.



     20. Representations. As a condition to your receipt of this Restricted
Stock Unit Award and the Shares to be issued in settlement thereof, you represent and warrant the
following:




     (a) You are aware of the Company’s business affairs and financial condition
and have acquired sufficient information about the Company to reach an informed and
knowledgeable decision to accept this Restricted Stock Unit Award;




     (b) You are acquiring the Restricted Stock Unit Award and the Shares subject
thereto for investment only for your own account, and not with a view, or for resale in
connection with, any “distribution” thereof under Applicable Law (as defined in Section 2(c)
of the Plan);




     (c) You understand that neither the Units nor the Shares have been registered
in all State jurisdictions within the United States, and that the exemption(s) from
registration relied upon may depend upon your investment intent as set forth above;




     (d) You further understand that prior to any resale by you of the Shares
acquired in settlement of these Units without registration of such resale in relevant State
jurisdictions, the Company may require you to furnish the Company with an opinion of counsel
acceptable to the Company that you may sell or transfer such Shares pursuant to an available
exemption under Applicable Law;




     (e) You understand that the Company is under no obligation to assist you in
this process by registering the Shares in any jurisdiction or by ensuring that an exemption
from registration is available; and




     (f) You further agree that as a condition to settlement of these Units, the
Company may require you to furnish contemporaneously dated representations similar to those
set forth in this Section 20.



     By your signature below, you indicate your acceptance of the terms of this Restricted Stock
Unit Award, and acknowledge that you have received copies of the Plan and the prospectus, in each
case as



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currently in effect. By signing this Agreement, you acknowledge that your personal
information regarding participation in the Plan and information necessary to determine and pay, if
applicable, benefits under the Plan must be shared with other entities, including companies related
to the Company and persons responsible for certain acts in the administration of the Plan. By
signing this Agreement, you consent to such transmission of personal data as the Company believes
is appropriate to administer the Plan.



	 	 	 

	     Accepted and Agreed to by Participant:

	 	 
	 

	 	 
	 

	 	     Participant






	 	 	 

	     Acknowledged and Agreed to by Company:

	 	 
	 

	 	 
	 

	 	     Raymond J. Milchovich
	 

	 	     Chairman & CEO






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EXHIBIT A




FOSTER WHEELER AG OMNIBUS INCENTIVE PLAN




Exercise Notice of RSUs of Foster Wheeler AG



	 	 	 

	Date:

	 	[Date]
	 
	 	 
	From:

	 	[Name, Address, e-mail]
	 
	 	 
	To:

	 	Foster Wheeler AG
	 

	 	c/o Foster Wheeler Inc.
	 

	 	Perryville Corporate Park
	 

	 	Clinton, New Jersey 08809-4000





Ladies and Gentlemen,



I herewith exercise [number of RSUs] granted to me in the Restricted Stock Unit Award Agreement
dated [date of award agreement] under the [name of plan] which entitle me to [number of shares,
which number should be equal to the number of RSUs set forth above] registered shares of Foster
Wheeler AG with a par value of [_X_] Swiss francs (CHF).



I unconditionally subscribe for the number of registered shares as stated above and undertake to
pay as the exercise price an equal amount of at least [_X_] CHF per share, paid in US dollars (USD)
while taking into consideration a CHF-USD exchange rate as effective on the day of the delivery of
the shares.



I request that Foster Wheeler AG deliver [number of shares] out of its conditional capital
according to Article 5 of its Articles of Association after the receipt of my payment and I
herewith assign and transfer these shares to Cede & Co. in its capacity as Nominee of the
Depository Trust Company, New York City, in order to and with the sole purpose of enabling the
electronic trading of the aforementioned shares on the NASDAQ Global Select Market.



Yours sincerely,




       
       
                
      
                
   
     

[Name]





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