2001 Comprehensive Stock Plan (formerly the 2001 Senior Stock Plan)



 Exhibit 10(f) 
 UNITED RENTALS, INC. 
 2001 COMPREHENSIVE STOCK PLAN 
 As amended and restated* 
 (formerly
the 2001 Senior Stock Plan) 
 ARTICLE I 
 GENERAL 
 1.1 Purpose. The purpose of the Plan is to provide additional incentive to certain
employees, officers and directors of United Rentals, Inc. and its subsidiaries (the “Corporation”) and consultants who render services to the Corporation. It is intended that Awards granted under the Plan strengthen the desire of such
persons to remain in the employ or act as directors of the Corporation, to otherwise render services to the Corporation, and to stimulate their efforts on behalf of the Corporation. 
 1.2 Effective Date; Term. The Plan was originally effective on March 23, 2001 with respect to 4,000,000 shares. The amended and restated Plan
is effective as of the date on which the amendment and restatement of the Plan was adopted by the Board, subject to approval of the stockholders within twelve months before or after such date. No Award shall be granted under the Plan with respect to
the 4,000,000 shares originally authorized under the Plan after March 22, 2011 and no Award shall be granted under the Plan with respect to the 2,239,575 shares authorized by the amendment and restatement of the Plan after the close of business
on the day immediately preceding the tenth anniversary of shareholder approval of the amendment and restatement of the Plan. The provisions of the Plan respecting the conditioning of the granting or vesting of Awards upon the achievement of
performance goals shall terminate on the fifth anniversary of the adoption by the Board of the amendment and restatement of the Plan. Subject to other applicable provisions of the Plan, all Awards made under the Plan prior to the applicable
termination of the right to grant Awards shall remain in effect until such Awards have been satisfied or terminated in accordance with the Plan and the terms of such Awards. 
 1.3 Shares Subject to the Plan. Subject to adjustments as provided in Article IX, the number of shares of Stock that may be delivered, purchased
or used for reference purposes (with respect to SARs or Stock Units) with respect to Awards granted under the Plan shall be 6,239,575 shares. If any Award, or portion of an Award, under the Plan expires or terminates unexercised, becomes
unexercisable or is forfeited or otherwise terminated, surrendered or canceled as to any shares without the delivery of shares of Stock or other consideration, the shares subject to such Award shall thereafter be available for further Awards under
the Plan. 
 1.4 Annual Limit. No Award may be granted to any individual in any calendar year with respect to more than 300,000
shares. 
 ARTICLE II 
 DEFINITIONS 
 For purposes of the Plan, the following terms shall be defined as set forth below. 
 2.1 “Administrator” means: (i) with respect to Awards made to executive officers and directors, the Compensation Committee, (ii) for
all other purposes, the Special Stock Option Committee or any other committee which is designated by the Board as the “Administrator.” 
 2.2 “Award” means any Stock Options (including ISOs and NSOs), SARs (including free-standing and tandem SARs), Restricted Stock Awards, Stock Units, Performance Awards or any combination of the foregoing granted pursuant to the
Plan, except, however, when the term is being used under the Plan with respect to a particular category of grant in which case it shall only refer to that particular category of grant. 
  

	*	As amended and restated on April 19, 2006 and amended on June 13, 2006. 








 2.3 “Board” means the Board of Directors of the Corporation. 
 2.4 “Code” means the Internal Revenue Code of 1986, as amended. 
 2.5 “Fair Market Value” of the Stock on any given date means the average of the high and low price of a share of Stock, as traded on a national securities exchange. 
 2.6 “Grant Agreement” means the agreement between the Corporation and the Participant pursuant to which the Corporation authorizes an Award
hereunder. 
 Each Grant Agreement entered into between the Corporation and a Participant with respect to an Award granted under the Plan
shall contain such provisions, consistent with the provisions of the Plan, as may be established by the Administrator. 
 2.7 “Grant
Date” means the date on which the Administrator formally acts to grant an Award to a Participant or such other date as the Administrator shall so designate at the time of taking such formal action. 
 2.8 “ISO” means any Stock Option designated and qualified as an “incentive stock option” as defined in Code section 422. 

2.9 “NSO” means any Option that is not an ISO. 
 2.10 “Option” means any option to purchase shares of Stock granted under Article V. 
 2.11
“Parent” means a corporation, whether now or hereafter existing, within the meaning of the definition of “parent corporation” provided in Code section 424(e), or any successor to such definition. 
 2.12 “Participant” means any person to whom any Award is granted pursuant to the Plan. 
 2.13 “Performance Award” means the right to receive Shares and/or cash if the Company attains certain performance goals during a designated
period. 
 2.14 “Restricted Stock Award” means any Award of shares of restricted Stock granted pursuant to Article VII of the Plan.

 2.15 “SAR” means a stock appreciation right, as awarded under Article VI. 
 2.16 “Stock” means the voting common stock of the Corporation, subject to adjustments pursuant to the Plan. 
 2.17 “Stock Unit” means credits to a bookkeeping reserve account solely for accounting purposes, where the amount of the credit shall equal the
Fair Market Value of a share of Stock on the date of grant (unless the Administrator provides otherwise in the Grant Agreement) and which shall be subsequently increased or decreased to reflect the Fair Market Value of a share of Stock. Stock Units
do not require segregation of any of the Corporation’s assets. Stock Units are awarded under Article VII. 
 2.18 “Subsidiary”
means any corporation or other entity (other than the Corporation) in any unbroken chain of corporations or other entities, beginning with the Corporation, if each of the corporations or entities (other than the last corporation or entity in the
unbroken chain) owns stock or other interests possessing 50% or more of the economic interest or the total combined voting power of all classes of stock or other interests in one of the other corporations or entities in the chain. 
 ARTICLE III 
 ADMINISTRATION

 3.1 General. The Plan shall be administered by the Administrator. The Administrator’s determinations under the Plan
(including without limitation determinations of the persons to receive Awards, the form, amount and timing of such Awards, the terms and provisions of such Awards and the agreements evidencing same) need not be uniform and may be made by the
Administrator selectively among persons who receive, or are eligible to receive, Awards under the Plan, whether or not such persons are similarly situated. 







 3.2 Duties. The Administrator shall have full power and authority to administer and interpret the
Plan and to adopt such rules, regulations, agreements, guidelines and instruments for the administration of the Plan and for the conduct of its business as the Administrator deems necessary or advisable, all within the Administrator’s sole and
absolute discretion. The Administrator shall have full power and authority to take all other actions necessary to carry out the purpose and intent of the Plan, including, but not limited to, the authority to: 
 (a) construe the Plan and any Award under the Plan; 
 (b) select the persons to whom Awards may be granted and the time or times at which Awards shall be granted; 
 (c) determine the number of shares of Stock to be covered by or used for reference purposes for any Award; 
 (d) determine and modify from time to time the terms and conditions, including restrictions, of any Award (including provisions that would
allow for cashless exercise of Awards) and to approve the form of written instrument evidencing Awards, provided, however, that no such modification shall lower the Exercise Price of an Option or the base price per share of a SAR; 
 (e) accelerate or otherwise change the time or times at which an Award becomes vested or when an Award may be exercised or becomes payable
and to waive or accelerate the lapse, in whole or in part, of any restriction or condition with respect to such Award, including, but not limited to, any restriction or condition with respect to the vesting or exercisability of an Award following a
Participant’s termination of employment or death; 
 (f) impose limitations on Awards, including limitations on transfer
and repurchase provisions; and 
 (g) modify, extend or renew outstanding Awards, provided, however, that no such modification
or substitution shall have the effect of lowering the Exercise Price of an Option or the base price per share of a SAR. 
 ARTICLE IV

 ELIGIBILITY AND PARTICIPATION 
 4.1 Eligibility. Officers, directors, employees and consultants of the Corporation shall be eligible to participate in the Plan. 
 ARTICLE V 
 STOCK OPTIONS 
 5.1 General. Subject to the other applicable provisions of the Plan, the Administrator may from time to time grant to eligible Participants Awards
of ISOs or NSOs. The ISO or NSO Awards granted shall be subject to the following terms and conditions. 
 5.2 Grant of Option. The
grant of an Option shall be evidenced by a Grant Agreement, executed by the Corporation and the Participant, describing the number of shares of Stock subject to the Option, whether the Option is an ISO or NSO, the Exercise Price of the Option, the
vesting period for the Option and such other terms and conditions that the Administrator deems, in it sole discretion, to be appropriate, provided that such terms and conditions are not inconsistent with the Plan. 
 5.3 Price. The price per share payable upon the exercise of each Option (the “Exercise Price”) shall be determined by the Administrator
and set forth in the Grant Agreement; provided, however, that in the case of ISOs, the Exercise Price shall not be less than 100% of the Fair Market Value of the shares on the Grant Date. 







 5.4 Payment. Options may be exercised in whole or in part by payment of the Exercise Price of the
shares to be acquired in accordance with the provisions of the Grant Agreement, and/or such rules and regulations as the Administrator may prescribe, and/or such determinations, orders, or decisions as the Administrator may make. 
 5.5 Terms of Options. The term during which each Option may be exercised shall be determined by the Administrator; provided, however, that in no
event shall an ISO be exercisable more than ten years from the date it is granted. 
 5.6 Reload Options. The terms of an Option may
provide for the automatic grant of a new Option Award when the Exercise Price of the Option and/or any related tax withholding obligation is paid by tendering shares of Stock. 
 5.7 Restrictions on ISOs. ISO Awards granted under the Plan shall comply in all respects with Code section 422 and, as such, shall meet the
following additional requirements: 
 (a) Grant Date. An ISO must be granted within ten (10) years of the earlier
of the Plan’s adoption by the Board of Directors or approval by the Corporation’s shareholders. 
 (b) Exercise
Price and Term. The Exercise Price of an ISO shall not be less than 100% of the Fair Market Value of the shares on the date the Option is granted and the term of the Option shall not exceed ten (10) years. Notwithstanding the immediately
preceding sentence, the Exercise Price of any ISO granted to a Participant who owns, within the meaning of Code section 422(b)(6), after application of the attribution rules in Code section 424(d), more than ten percent (10%) of the total
combined voting power of all classes of shares of the Corporation, or its Parent or Subsidiary corporations, shall be not less than 110% of the Fair Market Value of the Stock on the Grant Date and the term of such ISO shall not exceed five
(5) years. 
 (c) Maximum Grant. The aggregate Fair Market Value (determined as of the Grant Date) of shares of
Stock with respect to which all ISOs first become exercisable by any Participant in any calendar year under this or any other plan of the Corporation and its Parent and Subsidiary corporations may not exceed $100,000 or such other amount as may be
permitted from time to time under Code section 422. To the extent that such aggregate Fair Market Value shall exceed $100,000, or other applicable amount, such Options shall be treated as NSOs. In such case, the Corporation may designate the shares
of Stock that are to be treated as stock acquired pursuant to the exercise of an ISO by issuing a separate certificate for such shares and identifying the certificate as ISO shares in the stock transfer records of the Corporation. 
 (d) Participant. ISOs shall only be issued to employees of the Corporation, or of a Parent or Subsidiary of the Corporation.

 (e) Tandem Options Prohibited. An ISO may not be granted in tandem with a NSO in such a manner that the exercise of
one affects a Participant’s right to exercise the other. 
 (f) Designation. No option shall be an ISO unless so
designated by the Administrator at the time of grant or in the Grant Agreement evidencing such Option. 
 5.8 Exercisability. Options
shall be exercisable as provided in the Grant Agreement. 
 5.9 Transferability. ISOs shall be non-transferable. Except as provided in
the Grant Agreement, NSOs shall not be assignable or transferable by the Participant, except by will or by the laws of descent and distribution. 







 ARTICLE VI 
 STOCK APPRECIATION RIGHTS 
 6.1 Award of SARs. Subject to the other applicable provisions of
the Plan, the Administrator may at any time and from time to time grant SARs to eligible Participants, either on a free-standing basis (without regard to or in addition to the grant of an Option) or on a tandem basis (related to the grant of an
underlying Option). 
 6.2 Restrictions on Tandem SARs. ISOs may not be surrendered in connection with the exercise of a tandem SAR
unless the Fair Market Value of the Stock subject to the ISO is greater than the Exercise Price for such ISO. SARs granted in tandem with Options shall be exercisable only to the same extent and subject to the same conditions as the related Options
are exercisable. The Administrator may, in its discretion, prescribe additional conditions to the exercise of any such tandem SAR. 
 6.3
Amount of Payment Upon Exercise of SARs. A SAR shall entitle the Participant to receive, subject to the provisions of the Plan and the Grant Agreement, a payment having an aggregate value equal to the product of (i) the excess of
(A) the Fair Market Value on the exercise date of one share of Stock over (B) the base price per share specified in the Grant Agreement, times (ii) the number of shares specified by the SAR, or portion thereof, which is exercised. In
the case of exercise of a tandem SAR, such payment shall be made in exchange for the surrender of the unexercised related Option (or any portions thereof which the Participant from time to time determines to surrender for this purpose). 

6.4 Form of Payment Upon Exercise of SARs. Payment by the Corporation of the amount receivable upon any exercise of a SAR may be made by the
delivery of Stock or cash, or any combination of Stock and cash, as determined in the sole discretion of the Administrator. 
 6.5
Transferability. SARs shall be transferable only as provided in the Grant Agreement. 
 ARTICLE VII 
 RESTRICTED STOCK AND STOCK UNITS 
 7.1
Grants. Subject to the other applicable provisions of the Plan, the Administrator may grant Restricted Stock or Stock Units to Participants in such amounts and for such consideration, including no consideration or such minimum consideration
as may be required by law, as it determines. Such Awards shall be made pursuant to a Grant Agreement. 
 7.2 Terms and Conditions. A
Restricted Stock Award entitles the recipient to acquire shares of Stock and a Stock Unit Award entitles the recipient to be paid the Fair Market Value of the Stock on the exercise date. Stock Units may be settled in Stock, cash or a combination
thereof, as determined by the Administrator. Restricted Stock Awards and Stock Unit Awards are subject to vesting periods and other restrictions and conditions as the Administrator may include in the Grant Agreement. 
 7.3 Restricted Stock.  
 (a) The Grant Agreement for each Restricted Stock Award shall specify the applicable restrictions on such shares of Stock, the duration of such restrictions, and the times at which such restrictions shall lapse with respect to all or a
specified number of shares of Stock that are part of the Award. Notwithstanding the foregoing, the Administrator may reduce or shorten the duration of any restriction applicable to any shares of Stock awarded to any Participant under the Plan.

 (b) Share certificates with respect to restricted shares of Stock may be issued at the time of grant of the Restricted
Stock Award, subject to forfeiture if the restrictions do not lapse, or upon lapse of the restrictions. If share certificates are issued at the time of grant of the Restricted Stock Award, the certificates shall bear an appropriate legend with
respect to the restrictions applicable to such Restricted Stock Award (as described in Section 11.1) or, alternatively, the Participant may be required to deposit the certificates with the Corporation during the period of any restriction
thereon and to execute a blank stock power or other instrument of transfer. 
 (c) The extent of the Participant’s rights
as a shareholder with respect to the Restricted Stock shall be specified in the Grant Agreement. 







 7.4 Stock Units.  
 (a) The grant of Stock Units shall be evidenced by a Grant Agreement that states the number of Stock Units evidenced thereby and the terms
and conditions of such Stock Units. 
 (b) Stock Units may be exercised in the manner described in the Grant Agreement.

 (c) The extent of the Participant’s rights as a shareholder with respect to the Stock Units shall be specified in the
Grant Agreement. 
 7.5 Transferability. Unvested Restricted Stock Awards or Stock Units may not be sold, assigned, transferred,
pledged or otherwise encumbered or disposed of except as specifically provided in the Grant Agreement. 
 ARTICLE VIII 
 PERFORMANCE AWARDS 
 8.1 The
Administrator may, from time to time, in its discretion and subject to the provisions of the Plan, provide an incentive opportunity to any or all eligible persons based on achievement by the Corporation for any calendar year or other period chosen
by the Administrator. Each Performance Award shall be embodied in a “Performance Award Agreement” signed by the Participant and the Corporation providing that the Performance Award shall be subject to the provisions of this Plan and
containing such other provisions the Administrator may prescribe not inconsistent with the Plan. The Administrator will determine, in its sole discretion, the performance targets and whether Performance Awards should be payable in the form of Shares
or cash. 
 ARTICLE IX 
 TAX WITHHOLDING 
 9.1 Corporation’s Right to Demand Payment for Withholding.  
 (a) Subject to subparagraph (b), as a condition to taking any action otherwise required under the Plan or any Grant Agreement, the
Corporation shall have the right to require assurance that the Participant will remit to the Corporation when required an amount sufficient to satisfy federal, state and local tax withholding requirements. The Administrator may permit such
withholding obligations to be satisfied through cash payment by the Participant, through the surrender of shares of Stock which the Participant already owns, through the surrender of shares of Stock to which the Participant is otherwise entitled
under the Plan or through any other method determined by the Administrator. 
 (b) If a Participant makes a disposition of
shares of Stock acquired upon the exercise of an ISO within either two (2) years after the Option was granted or one (1) year after its exercise by the Participant, the Participant shall promptly notify the Corporation and the Corporation
shall have the right to require the Participant to pay to the Corporation an amount sufficient to satisfy federal, state and local tax withholding requirements. 
 ARTICLE X 
 CORPORATE TRANSACTIONS 
 10.1 Recapitalizations, etc. In the event of any change is made to the Corporation’s common stock by reason of any stock dividend, stock
split or reverse stock split, recapitalization, split-up, combination or exchange of shares, or other change affecting the outstanding Common Stock as a class without the Corporation’s receipt of consideration, appropriate adjustments shall be
made by the Plan Administrator to (i) the maximum number and/or class of securities issuable under the Plan, (ii) the number and/or class of securities and the exercise price, base price or purchase price per share in effect under each
outstanding option or other Award under the Plan and (iii) if applicable, the maximum number and/or class of securities for which any one person may be granted stock options, separately exercisable stock 







 appreciate rights and direct stock issuances under the Plan per calendar year. Such adjustments to outstanding options
are to be effected in a manner which shall preserve the rights of the Award holder without enlargement or dilution. Adjustments by the Administrator shall be final, binding and conclusive. 
 10.2 Change in Control.  
 In the
event of (i) a dissolution or liquidation of the Corporation, (ii) a sale of all or substantially all of the Company’s assets, (iii) a merger or consolidation involving the Corporation in which the Corporation is not the
surviving corporation or (iv) a merger or consolidation involving the Corporation in which the Corporation is the surviving corporation but the holders of shares of Stock receive securities of another corporation and/or other property,
including cash, the Administrator shall, in its absolute discretion, have the power to: 
 (a) cancel, effective immediately
prior to the occurrence of such event, each Option and SAR outstanding immediately prior to such event (whether or not then exercisable), and, in full consideration of such cancellation, pay to the grantee to whom such Option or SAR was granted an
amount in cash, for each share of Stock subject to such Option or SAR, respectively, equal to the excess of (x) the value, as determined by the Administrator in its absolute discretion, of the property (including cash) received by the holder of
a share of Stock as a result of such event over (y) the exercise price of such Option or SAR; 
 (b) provide that each
holder of an Option or SAR (whether or not then exercisable) shall be given at least 15 days prior to the occurrence of such event in which to exercise such Option or SAR, after which time such Options and SARs shall terminate; or 
 (c) provide for the exchange of each Option and SAR outstanding immediately prior to such event (whether or not then exercisable) for an
Option on or SAR with respect to, as appropriate, some or all of the property which a holder of the number of shares of Stock subject to such Option or SAR would have received and, incident thereto, make an equitable adjustment as determined by the
Administrator in its absolute discretion in the exercise price of the Option or SAR, or the number of shares or amount of property subject to the Option or SAR or, if appropriate, provide for a cash payment to the grantee to whom such Option or SAR
was granted in partial consideration for the exchange of the Option or SAR. 
 ARTICLE XI 
 AMENDMENT AND TERMINATION 
 11.1
Amendment. The Board may amend the Plan at any time and from time to time, provided that (i) no amendment shall deprive any person of any rights granted under the Plan before the effective date of such amendment, without such
person’s consent; and (ii) amendments may be subject to shareholder approval to the extent needed to comply with applicable law and stock exchange requirements. 
 11.2 Termination. The Board reserves the right to terminate the Plan in whole or in part at any time, without the consent of any person granted any rights under the Plan. 
 ARTICLE XII 
 QUALIFIED
PERFORMANCE-BASED COMPENSATION 
 12.1 Qualified Performance-Based Compensation. To the extent the Compensation Committee
determines it is desirable to grant an award to an individual it anticipates might be a “162(m) covered employee” (as defined below), with respect to which award the compensation realized by the grantee will or may not otherwise be
deductible by operation of section 162(m) of the Code, the Compensation Committee may, as part of its effort to have such an award treated as “qualified performance-based compensation” within the meaning of Code section 162(m), make the
granting and/or vesting of the award subject to the attainment of one or more pre-established objective performance goals during a performance period, as set forth below: 
 (a) Covered Employees. An individual is a “162(m) covered employee” if, as of the last day of the Corporation’s
taxable year for which the compensation related to an award would otherwise be deductible (without regard to section 162(m)), he or she is (A) the chief executive officer of the Corporation (or is acting in such capacity) or (B) one of the
four highest compensated officers of the Corporation other than the chief executive officer. Whether an individual is described in either clause (A) or (B) above shall be determined in accordance with applicable regulations under section
162(m) of the Code. 







 (b) Performance Goals. Prior to the ninety-first (91st) day of the applicable
performance period or during such other period as may be permitted under Section 162(m) of the Code, the Compensation Committee shall establish one or more objective performance goals with respect to such performance period. Such performance
goals should be expressed in terms of one or more of the following criteria: earnings per share; net income; return on equity; revenue growth; gross margin; reduction in selling, general and administrative expenses (SGA); earnings before interest,
taxes, depreciation and amortization (EBITDA); return on assets; return on invested capital; market capitalization; stock price appreciation; operating income; net income; free cash flow; improvement in, or attainment of, working capital levels;
repayment of debt; and strategic business goals relating to acquisitions. The performance goals may be expressed with respect to the entire Corporation or specific divisions. 
 To the extent applicable, the measures used in performance goals set under the Plan shall be determined in accordance with generally
accepted accounting principles (“GAAP”) and in a manner consistent with the methods used in the Corporation’s regular reports on Forms 10-K and 10-Q. 
 (c) Performance Period. The Compensation Committee in its sole discretion shall determine the length of each performance period.

 ARTICLE XIII 
 MISCELLANEOUS 
 13.1 Restrictive Legends. The Corporation may at any time place legends referencing any restrictions
described in the Grant Agreement and any applicable federal or state securities law restrictions on all certificates representing shares of Stock underlying an Award. 
 13.2 Compliance with Governmental Regulations. Notwithstanding any provision of the Plan or the terms of any Grant Agreement entered into pursuant to the Plan, the Corporation shall not be required to issue any
shares hereunder prior to registration of the shares subject to the Plan under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, if such registration shall be necessary, or before compliance by the
Corporation or any Participant with any other provisions of either of those acts or of regulations or rulings of the Securities and Exchange Commission thereunder, or before compliance with other federal and state laws and regulations and rulings
thereunder, including the rules any applicable securities exchange or quotation system. 
 13.3 No Guarantee of Employment.
Participation in this Plan shall not be construed to confer upon any Participant the legal right to be retained in the employ of the Corporation or give any person any right to any payment whatsoever, except to the extent of the benefits provided
for hereunder. 
 13.4 Governing Law. The provisions of this Plan shall be governed by, construed and administered in accordance with
applicable federal law; provided, however, that to the extent not in conflict with federal law, this Plan shall be governed by, construed and administered under the laws of Connecticut, other than its laws respecting choice of law. 
 13.5 Severability. If any provision of the Plan shall be held invalid, the remainder of this Plan shall not be affected thereby and the remainder
of the Plan shall continue in force.