fngn-ex101_258.htm


 

Exhibit 10.1

FINANCIAL ENGINES, INC. 

AMENDED AND RESTATED 

2009 STOCK INCENTIVE PLAN 

NOTICE OF RSU AWARD 

OUTSIDE DIRECTOR 

You have been granted the following Restricted Stock Units (“RSUs”) representing Common Stock of FINANCIAL ENGINES, INC. (the “Company”) under the Company’s Amended and Restated 2009 Stock Incentive Plan (the “Plan”). 

 


	
Name of Participant:
	
 
	
 

	
 
	
 
	
 

	
Total Number of RSUs Granted:
	
 
	
 

	
 
	
 
	
 

	
Date of Grant:
	
 
	
, 

	
 
	
 
	
 

	
Vesting Commencement Date:
	
 
	
, 

	
 
	
 
	
 

	
Vesting Schedule:
	
 
	
Each of the following four years from the Date of Grant, one-fourth (1/4) of the RSUs subject to this Award will vest on the earlier of (i) May 15 or (ii) the day prior to the Annual Meeting of Stockholders for that year, dependent upon your continuous Service from the Vesting Commencement Date. Notwithstanding the foregoing, the RSUs subject to this Award shall become vested if a Change in Control occurs with respect to the Company during your Service.




By your acceptance and the signature of the Company’s representative below, you and the Company agree that these RSUs are granted under and governed by the term and conditions of the Plan and the RSU Agreement (the “Agreement”), both of which are attached to and made a part of this document. 

By accepting this notice and agreement you further agree that the Company may deliver by e-mail all documents relating to the Plan or this Award (including without limitation, prospectuses required by the Securities and Exchange Commission) and all other documents that the Company is required to deliver to its security holders (including without limitation, annual reports and proxy statements). You also agree that the Company may deliver these documents by posting them on a website maintained by the Company or by a third party under contract with the Company. If the Company posts these documents on a website, it will notify you by e-mail. 

 


	
FINANCIAL ENGINES, INC.
	
 
	
Grantee, Outside Director

	
 
	
 
	
 

	
 
	
 
	
 

	
By: 
	
 
	
RAYMOND J SIMS
	
 
	
Signature

	
Title:
	
 
	
E.V.P. and Chief Financial Officer
	
 
	
 

	
 
	
 
	
Print name




 

 

 

Financial Engines, Inc. 

Form of Notice of RSU Award and Agreement – Outside Director 




Exhibit 10.1

 

FINANCIAL ENGINES, INC. 

AMENDED AND RESTATED 

2009 STOCK INCENTIVE PLAN 

RSU AGREEMENT 

 


	
Payment for RSUs
	
 
	
No cash payment is required for the RSUs you receive. You are receiving the RSUs in consideration for Services rendered by you.

	
 
	
 
	
 

	
Vesting
	
 
	
The RSUs that you are receiving will vest in installments, as shown in the Notice of RSU Award.

	
 
	
 
	
 

	
 
	
 
	
No additional RSUs vest after your Service as a Director has terminated for any reason.

	
 
	
 
	
 

	
Forfeiture
	
 
	
If your Service terminates for any reason, then your Award expires immediately as to the number of RSUs that have not vested before the termination date and do not vest as a result of termination. This means that the unvested RSUs will immediately be cancelled. You receive no payment for RSUs that are forfeited.

	
 
	
 
	
 

	
 
	
 
	
The Company determines when your Service terminates for this purpose and all purposes under the Plan and its determinations are conclusive and binding on all persons.

	
 
	
 
	
 

	
Nature of RSUs
	
 
	
Your RSUs are mere bookkeeping entries. They represent only the Company’s unfunded and unsecured promise to issue Shares on a future date. As a holder of RSUs, you have no rights other than the rights of a general creditor of the Company. The Committee in its sole discretion may substitute a cash payment in lieu of Shares, such cash payment to be equal to the Fair Market Value of the Shares on the date that such Shares would have otherwise been issued under the terms of the Plan.

	
 
	
 
	
 

	
No Voting Rights or Dividends
	
 
	
Your RSUs carry neither voting rights nor rights to dividends. You, or your estate or heirs, have no rights as a stockholder of the Company unless and until your RSUs are settled by issuing Shares. No adjustments will be made for dividends or other rights if the applicable record date occurs before your Shares are issued, except as described in the Plan.

	
 
	
 
	
 

	
Acceptance of Award
	
 
	
This Award Agreement is one of the documents governing this RSU Award, which you may accept or reject online through the third party maintaining the Company’s stock award website. If you have not rejected this Award by the time of the first vesting event, you will be deemed to have accepted this Award, and the Shares vested pursuant to the Award will be issued and taxed accordingly.

	
 
	
 
	
 

	
RSUs Nontransferable
	
 
	
You may not sell, transfer, assign, pledge or otherwise dispose of any RSUs. For instance, you may not use your RSUs as security for a loan. If you attempt to do any of these things, your RSUs will immediately become invalid.

	
 
	
 
	
 

	
Settlement of RSUs
	
 
	
Each of your vested RSUs will be settled as soon as practicable after it vests. At the time of settlement, you will receive one Share for each vested RSU; provided, however, that no fractional Shares will be issued or delivered pursuant to the Plan or this Agreement, and the Committee will determine whether cash will be paid in lieu of any fractional Share or whether such fractional Share and any rights thereto will be canceled, terminated or otherwise eliminated. In addition, the Shares are issued to you subject to the condition that the issuance of the Shares not violate any law or regulation.

	
 
	
 
	
 

	
 
	
 
	
In the event of death, the vested portion of the Award shall be delivered to the executor or administrator of your estate or, if none, by the person(s) entitled to receive the vested Award under your will or the laws of descent or distribution.

	
 
	
 
	
 

	
 
	
 
	
In no event will the RSUs be settled later than 2-1/2 months after the end of the calendar year in which the RSUs become vested (or if later, 2-1/2 months after the end of the taxable year of the Company in which the RSUs become vested).

	
 
	
 
	
 




Financial Engines, Inc. 

Form of Notice of RSU Award and Agreement – Outside Director 




Exhibit 10.1

 


	
Withholding Taxes and Stock Withholding
	
 
	
Regardless of any action the Company takes with respect to any or all income tax, social insurance, payroll tax or other tax-related withholding (the “Tax-Related Items”), you acknowledge that the ultimate liability for all Tax-Related Items legally due by you is and remains your responsibility and that the Company (1) makes no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of this Award, including the grant and vesting of the Award, the issuance of Shares upon settlement of the Award, the subsequent sale of Shares acquired pursuant to the Award and the receipt of any dividends or other distributions, if any; and (2) does not commit to structure the terms of the grant or any aspect of the Award to reduce or eliminate your liability for Tax-Related Items.

	
 
	
 
	
 

	
Restrictions on Resale
	
 
	
You agree not to sell any Shares at a time when applicable laws, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction will apply as long as your Service continues and for such period of time after the termination of your Service as the Company may specify.

	
 
	
 
	
 

	
No Retention Rights
	
 
	
Neither your Award nor this Agreement gives you the right to continue as a Director, or to become employed or retained by the Company or a subsidiary of the Company in any capacity. The Company and its subsidiaries reserve the right to terminate your Service at any time, with or without cause.

	
 
	
 
	
 

	
Adjustments
	
 
	
In the event of a stock split, a stock dividend or a similar change in Company Shares, the number of RSUs covered by this Award shall be adjusted pursuant to the Plan.

	
 
	
 
	
 

	
Successors and Assigns
	
 
	
Except as otherwise provided in the Plan or this Agreement, every term of this 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.

	
 
	
 
	
 

	
Notice
	
 
	
Any notice required or permitted under this Agreement shall be given in writing and shall be deemed effectively given upon the earliest of personal delivery, receipt or the third full day following mailing with postage and fees prepaid, addressed to the other party hereto at the address last known in the Company’s records or at such other address as such party may designate by ten (10) days’ advance written notice to the other party hereto.

	
 
	
 
	
 

	
Applicable Law
	
 
	
This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to their choice-of-law provisions). For purposes of litigating any dispute that arises directly or indirectly from the relationship of the parties evidenced by this grant or this Agreement, the parties hereby submit to and consent to the exclusive jurisdiction of the State of California and agree that such litigation shall be conducted only in the courts of the County of Santa Clara, California, or the federal courts for United States for the Northern District of California, and no other courts, where this grant is made and/or to be performed.

	
 
	
 
	
 

	
Section 409A
	
 
	
To the fullest extent applicable, benefits payable under this Agreement are intended to be exempt from the definition of “nonqualified deferred compensation” under Section 409A of the Code. To the extent that any such benefit is or becomes subject to Section 409A due to a failure to qualify for an exemption from the definition of nonqualified deferred compensation, this Agreement is intended to comply with the applicable requirements of Section 409A with respect to such benefits. This Agreement shall be interpreted and administered to the extent possible in a manner consistent with the foregoing statement of intent, and any ambiguity as to its compliance with Section 409A will be read in such a manner so that all benefits hereunder comply with Section 409A of the Code.

	
 
	
 
	
 

	
The Plan and Other Agreements
	
 
	
The text of the Plan is incorporated in this Agreement by reference. All capitalized terms in this Agreement shall have the meanings assigned to them in the Plan. This Agreement and the Plan constitute the entire understanding between you and the Company regarding this Award. Any prior agreements, commitments or negotiations concerning this Award are superseded. This Agreement may be amended by the Committee without your consent; however, if any such amendment would materially impair your rights or obligations under the Agreement, this Agreement may be amended only by another written agreement, signed by you and the Company.




BY ACCEPTING THIS AGREEMENT, 

YOU AGREE TO ALL OF THE TERMS AND CONDITIONS 

DESCRIBED ABOVE AND IN THE PLAN. 

Financial Engines, Inc. 

Form of Notice of RSU Award and Agreement – Outside Director