Document:

Revised Specimen Employee Stock Option Agreement

 Exhibit 10.6(b) 
 Revised Specimen 
 HORACE MANN EDUCATORS CORPORATION 
 Amended and Restated 2002 Incentive Compensation Plan 
 Stock Option Agreement 
 This Stock Option Agreement (the “Agreement”) confirms the grant on XXXXX (the
“Grant Date”) by HORACE MANN EDUCATORS CORPORATION, a Delaware corporation (the “Company”), to Name (“Employee”) of an incentive stock option (the “Option”) to purchase shares of Common Stock, par value
$.001 per share (the “Shares”), as follows: 
  

							
		 	Shares purchasable:	  	???	  	
		 	Exercise Price:	  	$XXXX per Share	  	

 Option vests and becomes exercisable: As to 0% of the Shares on the Grant Date and
thereafter as to 20% of the Shares, cumulatively, on each of the first, second, third, fourth, and fifth anniversaries of the Grant Date (rounded to the nearest whole share). In addition, the Option will become immediately vested and exercisable
upon the occurrence of certain events relating to Termination of Employment, in accordance with Section 4 hereof. If the portion of this Option and any previously granted incentive stock option which vests in any one year has an aggregate
exercise price in excess of $100,000, that portion of this Option in excess of that $100,000 aggregate vesting limit will not qualify as an incentive stock option but will be treated as a vested non-qualified stock option. 
 Expiration Date: September 10, 2015 (the “Stated Expiration Date”) or, in the event Employee’s employment by the Company and
its subsidiaries terminates earlier, the date the Option ceases to be exercisable under Section 4 hereof. 
 The Option is subject to
the terms and conditions of the Amended and Restated 2002 Incentive Compensation Plan (the “Plan”) and this Agreement, including the Terms and Conditions of Option Grant attached hereto and deemed a part hereof. The number and kind of
shares purchasable, the Exercise Price, and other terms and conditions are subject to adjustment in accordance with Section 11(c) of the Plan. 
 Employee acknowledges and agrees that (i) the Option is nontransferable, except as provided in Section 6 hereof and Section 11(b) of the Plan, (ii) the Option is subject to forfeiture in the event of Employee’s
termination of employment in certain circumstances, as specified in Section 4 hereof, and (iii) sales of Shares will be subject to the Company’s policies regulating trading by employees. 
 IN WITNESS WHEREOF, HORACE MANN EDUCATORS CORPORATION has caused this Agreement to be executed by its officer thereunto duly authorized. 
  

			
	HORACE MANN EDUCATORS CORPORATION
		
	By:	 	  

		 	Louis G. Lower, II
		 	President and CEO

 TERMS AND CONDITIONS OF OPTION GRANT 
 The following Terms and Conditions apply to the Option granted to Employee by HORACE MANN EDUCATORS CORPORATION (the “Company”), as specified on the preceding page. Certain specific terms of the Option,
including the number of shares purchasable, vesting and Expiration Date, and Exercise Price, are set forth on the preceding page. 
 1.
General. The Option is granted to Employee under the Company’s Amended and Restated 2002 Incentive Compensation Plan (the “Plan”), which has been previously delivered to Employee and/or is available upon request to the
Human Resources Financial Services Department. All of the applicable terms, conditions and other provisions of the Plan are incorporated by reference herein. Capitalized terms used in this Agreement but not defined herein shall have the same
meanings as in the Plan. If there is any conflict between the provisions of this document and mandatory provisions of the Plan, the provisions of the Plan govern. By accepting the grant of the Option, Employee agrees to be bound by all of the terms
and provisions of the Plan (as presently in effect or later amended), the rules and regulations under the Plan adopted from time to time, and the decisions and determinations of the Compensation Committee of the Company’s Board of Directors
(the “Committee”) made from time to time. The Option is an incentive stock option as defined under Section 422 of the Internal Revenue Code of 1986, as amended, to the maximum extent possible, and any portion that does not so qualify
is a non-qualified stock option. 
 2. Right to Exercise Option. Subject to all applicable laws, rules, regulations and the terms of the Plan
and this Agreement, Employee may exercise the Option only after the time and to the extent the Option has become vested and exercisable and prior to the Expiration Date of the Option. 
 3. Method of Exercise. To exercise the Option, Employee must (a) give written notice to the Vice President, Shared Services: HR Financial Services or designee of the Company, which notice shall
specifically refer to this Agreement, state the number of Shares as to which the Option is being exercised, the name in which he or she wishes the Shares to be issued, and be signed by Employee, and (b) pay in full to the Company the Exercise
Price of the Option for the number of Shares being purchased either (i) in cash (including by check), payable in United States dollars, (ii), by delivery of Shares already owned by Employee (which Shares must have been held for at least six
months if they were acquired under a Company plan and are not considered to be “mature” shares for accounting purposes) having a fair market value, determined as of the date the Option is exercised, equal to all or the part of the
aggregate Exercise Price being paid in this way, or (iii) in any other manner then permitted by the Committee. Once Employee gives notice of exercise, such notice may not be revoked. When Employee exercises the Option, or part thereof, the
Company will transfer Shares (or make a non-certificated credit) to Employee’s brokerage account at a designated securities brokerage firm or otherwise deliver Shares to Employee. No Employee or Beneficiary shall have at any time any rights
with respect to Shares covered by this Agreement prior to the valid exercise and full payment for the Shares as specified herein, and no adjustment shall be made for dividends or other rights for which the record date is prior to such valid exercise
and payment. 
 4. Termination Provisions. The following provisions will govern the vesting, exercisability and expiration of the Option in the
event of termination of Employee’s employment, unless the Committee determines to provide more favorable terms; provided, however, that the vesting, 

  

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exercisability and expiration of the Option provided under Section 9(a)(iii) of the Plan, relating to certain Terminations following a Change of
Control, shall apply to the extent that the provisions of Section 9(a)(iii) would be more favorable to Employee, except as limited under Subsection (h) below: 
 (a) Death. In the event of Employee’s Termination of Employment due to death, the Option, to the extent then outstanding, will vest and become immediately exercisable in full, and will remain exercisable,
in accordance with Section 11(b) of the Plan, for two years after such death. (Note: Exercise of the option more than two years after Termination would not qualify for favorable incentive stock option tax treatment.) 
 (b) Disability. In the event of Employee’s Termination of Employment due to Disability (as defined below), the Option, to the extent then
outstanding, will vest and become immediately exercisable in full, and will remain exercisable until the Stated Expiration Date. (Note: Certain Disabilities under the Plan may not qualify as a “disability” under incentive stock option
tax rules, so that exercise of the option more than three months after Termination would not qualify for favorable incentive stock option tax treatment.) 
 (c) Retirement. In the event of Employee’s Termination of Employment due to Retirement (as defined below), the Option, to the extent then outstanding, will not be forfeited, but will remain outstanding
until the Stated Expiration Date. Any portion of the Option that had not become exercisable as of the date of Termination of Employment will become exercisable one year after the date of Termination of Employment (without regard to any intervening
vesting date specified on the cover page of this Agreement). (Note: Exercise of any portion of the option more than three months after Termination would not qualify for favorable incentive stock option tax treatment.) 
 (d) Termination by the Company Without Cause. In the event of Employee’s Termination of Employment by the Company without Cause, the portion
of the then-outstanding Option not vested and exercisable at the date of termination will be forfeited, and any portion of the then-outstanding Option that is vested and exercisable at the date of termination will expire immediately at the date of
Termination of Employment. 
 (e) Termination by the Company for Cause. In the event of Employee’s Termination of Employment by
the Company for Cause (as defined below), the Option, whether or not then vested and exercisable, immediately will be forfeited and will expire. 
 (f) Termination by the Employee Voluntarily. In the event of Employee’s voluntary Termination of Employment, the portion of the then-outstanding Option not vested and exercisable at the date of termination will be forfeited, and
any vested portion of the then-outstanding Option will expire immediately at the date of Termination of Employment. 
 (g) Certain
Definitions. The following definitions apply for purposes of this Agreement: 
 (i) “Cause” means (A) the willful and
continued failure by Employee to perform substantially his duties with the Company (other than any such failure resulting from Employee’s incapacity due to physical or mental illness) after a written demand for substantial performance is
delivered to Employee which specifically identifies the manner in which Employee has not substantially performed his duties, (B) the willful 

  

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engagement by Employee in conduct which is not authorized by the Board of Directors of the Company or within the normal course of Employee’s business
decisions and is known by Employee to be materially detrimental to the best interests of the Company or any of its subsidiaries, or (C) the willful engagement by Employee in illegal conduct or any act of serious dishonesty which adversely
affects, or, in the reasonable estimation of the Board of Directors of the Company, could in the future adversely affect, the value, reliability or performance of Employee to the Company in a material manner. Any act, or failure to act, based upon
authority given pursuant to a resolution duly adopted by the Board of Directors of the Company or based upon the advice of counsel for the Company shall be conclusively presumed to be done, or omitted to be done, by Employee in good faith and in the
best interests of the Company. The foregoing notwithstanding, in any case governed by Section 9 of the Plan (following a Change of Control), the definition set forth in Section 9(c) of the Plan shall govern. 
 (ii) “Disability” means a disability entitling the Employee to long-term disability benefits under the Company’s long-term disability
policy as in effect at the date of Employee’s Termination of Employment. 
 (iii) “Retirement” means retirement from active
employment with the Company or a subsidiary pursuant to the early or normal retirement provisions of the Company’s or the subsidiary’s qualified retirement plan. 
 (iv) “Termination of Employment” means the earliest time at which Employee is not employed by the Company or a subsidiary of the Company and is not serving as a non-employee director of the Company or a
subsidiary of the Company. 
 (h) Limitation on Acceleration of Certain Options Upon Termination Following a Change of Control. If
Employee is involuntarily terminated within a year of a Change in Control and if the acquiring company assumes the Options, to the extent outstanding, the Option will vest and become immediately exercisable in full until the Stated Expiration Date.
(Note: Exercise of any portion of the option more than three months after Termination would not qualify for favorable incentive stock option tax treatment.) 
 If Employee terminates or is terminated for any other reason, the Option, whether or not then vested and exercisable, immediately will be forfeited and will expire, although the Committee reserves the right to alter
such treatment. If the acquiring company does not assume the Options, then upon the Change in Control (whether Employee is terminated or not), to the extent outstanding, the Option will vest and become immediately exercisable in full until the
Stated Expiration Date. 
 In the event of a Termination of Employment of Employee following a Change of Control, if Section 9(a)(iii) of
the Plan or any other provision (an “Enhancement Provision”) would apply so as to accelerate vesting of the Option or otherwise enhance the rights of Employee with respect to the exercise or expiration of the Option, and if Employee will
be subject to a golden parachute excise tax under Section 4999 of the Internal Revenue Code (regardless of any rights to a gross-up payment from the Company or any other party), and if the amount of “parachute payments” resulting from
the Enhancement Provision exceeds the intrinsic value of the Option (i.e., the “spread”) at the date parachute payments would be measured for 

  

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purposes of Section 4999, then the Enhancement Provision shall not apply to the Option except to the extent (if any) possible without Employee becoming
subject to the golden parachute excise tax under Section 4999. 
 5. Employee Representations and Warranties Upon Exercise.
As a condition to the exercise of the Option, the Company may require Employee to make any representation or warranty to the Company as may be required under any applicable law or regulation. 
 6. Nontransferability. Employee may not transfer the Option or any rights there under to any third party other than by will or the laws of descent and
distribution, and, during Employee’s lifetime, only Employee or his or her duly appointed guardian or legal representative may exercise the Option, except for transfers to a Beneficiary in the event of death or as otherwise permitted and
subject to the conditions under Section 11(b) of the Plan (note: these exceptions do not apply to portions of the Option that are incentive stock options). 
 7. Miscellaneous. 
 (a) Binding Agreement; Written Amendments. This Agreement shall be
binding upon the heirs, executors, administrators and successors of the parties. This Agreement constitutes the entire agreement between the parties with respect to the Option, and supersedes any prior agreements or documents with respect to the
Option. No amendment or alteration of this Agreement which may impose any additional obligation upon the Company shall be valid unless expressed in a written instrument duly executed in the name of the Company, and no amendment, alteration,
suspension or termination of this Agreement which may materially impair the rights of Employee with respect to the Option shall be valid unless expressed in a written instrument executed by Employee. 
 (b) No Promise of Employment. The Option and the granting thereof shall not constitute or be evidence of any agreement or understanding, express or
implied, that Employee has a right to continue as an officer or employee of the Company for any period of time, or at any particular rate of compensation. 
 (c) Governing Law. The validity, construction, and effect of this agreement shall be determined in accordance with the laws (including those governing contracts) of the state of Delaware, without giving effect
to principles of conflicts of laws, and applicable federal law. 
 (d) Notices. Any notice to be given the Company under this Agreement
shall be addressed to the Company at its principal executive offices, in care of the Vice President, Shared Services: HR Financial Services, and any notice to the Employee shall be addressed to the Employee at Employee’s address as then
appearing in the records of the Company. 
  

 4Revised Specimen Employee Restricted Stock Unit Agreement

 Exhibit 10.6(f) 
 Revised Specimen 
 HORACE MANN EDUCATORS CORPORATION 
 Amended and Restated 2002 Incentive Compensation Plan 
 Restricted Stock Units Agreement — Employee 
 This Restricted Stock Units Agreement (the “Agreement”)
confirms the grant on                     ,              (the “Grant Date”) by
HORACE MANN EDUCATORS CORPORATION, a Delaware corporation (the “Company”), to                      (“Employee”), under Sections
6(e) and 7 of the Amended and Restated 2002 Incentive Compensation Plan (the “Plan”), of Restricted Stock Units (the “Units”), including rights to Dividend Equivalents as specified herein, as follows: 
 Number Granted:                      Units 
 How Units are Earned and Vest: Vesting and forfeiture terms are fully specified in the Designation; forfeited Units cease to be outstanding and in no event will
thereafter result in any delivery of Shares to Employee. 
 Settlement: Units granted hereunder, together with Units credited as a result of Dividend
Equivalents, will be settled by delivery of one share of the Company’s Common Stock, par value $.001 per share (“Shares”), for each Unit being settled. Subject to elective deferral of settlement under Section 6 below, such
settlement shall occur at the times specified in the Designation. 
 The Units are subject to the terms and conditions of the Plan and this Agreement,
including the Terms and Conditions of Restricted Stock Units attached hereto and deemed a part hereof. The number of Units and the kind of shares deliverable in settlement and other terms and conditions of the Units are subject to adjustment in
accordance with Section 5 hereof and Section 11(c) of the Plan. 
 Employee acknowledges and agrees that (i) the Units are nontransferable,
except as provided in Section 3 hereof and Section 11(b) of the Plan, (ii) the Units are subject to forfeiture in the event of Employee’s Termination of Employment in certain circumstances prior to vesting, as specified in the
Designation, and (iii) sales of Shares will be subject to any Company policy regulating trading by employees. 
 IN WITNESS WHEREOF, HORACE MANN
EDUCATORS CORPORATION has caused this Agreement to be executed by its officer thereunto duly authorized. 
  

			
	HORACE MANN EDUCATORS CORPORATION
		
	By:	 	  

	[Name]	 	
	[Title]	 	

 TERMS AND CONDITIONS OF RESTRICTED STOCK UNITS 
 The following Terms and Conditions apply to the Restricted Stock Units granted to Employee by HORACE MANN EDUCATORS CORPORATION (the “Company”) and Units
resulting from Dividend Equivalents (if any), as specified in the Restricted Stock Units Agreement (of which these Terms and Conditions form a part). Certain terms of the Units, including the number of Units granted, vesting date(s) and settlement
date, are set forth on the preceding pages. 
 1. General. The Units are granted to Employee under the Company’s Amended and Restated 2002
Incentive Compensation Plan (the “Plan”), together with the 200  -200   Designation of Restricted Stock Units and related documents (the “Designation”), which has been previously delivered to Employee and/or
are available upon request to the Human Resources Financial Services Department. All of the applicable terms, conditions and other provisions of the Plan and Designation are incorporated by reference herein. Capitalized terms used in this Agreement
but not defined herein shall have the same meanings as in the Plan and/or the Designation. If there is any conflict between the provisions of this document and mandatory provisions of the Plan or the Designation, the provisions of the Plan or
Designation govern. By accepting the grant of the Units, Employee agrees to be bound by all of the terms and provisions of the Plan (as presently in effect or later amended), the rules and regulations under the Plan adopted from time to time, and
the decisions and determinations of the Compensation Committee of the Company’s Board of Directors (the “Committee”) made from time to time. 
 2. Account for Employee. The Company shall maintain a bookkeeping account for Employee (the “Account”) reflecting the number of Units then credited to Employee hereunder as a result of such grant of Units and
any crediting of additional Units to Employee pursuant to payments equivalent to dividends paid on Common Stock under Section 5 hereof (“Dividend Equivalents”). 
 3. Nontransferability. Until Units become settleable in accordance with the terms of this Agreement, Employee may not transfer Units or any rights hereunder to any third party other than by will or the
laws of descent and distribution, except for transfers to a Beneficiary or as otherwise permitted and subject to the conditions under Section 11(b) of the Plan. 
 4. Termination Provisions. The provisions governing the vesting and forfeiture of the Units are set forth in the Designation. 
 5. Dividend Equivalents and Adjustments. 
 (a) Dividend Equivalents. Dividend
Equivalents will be credited on Units (other than Units that, at the relevant record date, previously have been settled or forfeited) and deemed reinvested in additional Units. Such crediting shall be as follows, except that the Company may vary the
manner of crediting (for example, by crediting cash dividend equivalents rather than additional Units) for administrative convenience: 
 (i)
Cash Dividends. If the Company declares and pays a dividend or distribution on Common Stock in the form of cash, then additional Units shall be credited to Employee’s 

  

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Account in lieu of payment or crediting of cash dividend equivalents equal to the number of Units credited to the Account as of the relevant record date
multiplied by the amount of cash paid per share in such dividend or distribution divided by the Fair Market Value of a share of Common Stock at the payment date for such dividend or distribution. 
 (ii) Non-Common Stock Dividends. If the Company declares and pays a dividend or distribution on Common Stock in the form of property other than
shares of Common Stock, then a number of additional Units shall be credited to Employee’s Account as of the payment date for such dividend or distribution equal to the number of Units credited to the Account as of the record date for such
dividend or distribution multiplied by the fair market value of such property actually paid as a dividend or distribution on each outstanding share of Common Stock at such payment date, divided by the Fair Market Value of a share of Common Stock at
such payment date. 
 (iii) Common Stock Dividends and Splits. If the Company declares and pays a dividend or distribution on Common
Stock in the form of additional shares of Common Stock, or there occurs a forward split of Common Stock, then a number of additional Units shall be credited to Employee’s Account as of the payment date for such dividend or distribution or
forward split equal to the number of Units credited to the Account as of the record date for such dividend or distribution or split multiplied by the number of additional shares of Common Stock actually paid as a dividend or distribution or issued
in such split in respect of each outstanding share of Common Stock. 
 (b) Adjustments. The number of Units credited to Employee’s
Account shall be appropriately adjusted, in order to prevent dilution or enlargement of Employee’s rights with respect to Units or to reflect any changes in the number of outstanding shares of Common Stock resulting from any event referred to
in Section 11(c) of the Plan, taking into account any Units credited to Employee in connection with such event under Section 5(a) hereof in the discretion of the Committee. 
 (c) Risk of Forfeiture and Settlement of Units Resulting from Dividend Equivalents and Adjustments. Units which directly or indirectly result from
Dividend Equivalents on or adjustments to a Unit granted hereunder shall be subject to the same risk of forfeiture as applies to the granted Unit and will be settled at the same time as the granted Unit. 
 6. Deferral of Settlement. Settlement of any Unit, which otherwise would occur upon the lapse of the risk of forfeiture of such Unit, will be deferred in
certain cases if and to the extent validly elected by Employee. Deferrals shall comply with requirements under Section 409A of the Internal Revenue Code (the “Code”). In accordance with procedures established by the Company, the
Employee may be permitted to elect deferral of settlement at times designated by the Company. At any time that Units are treated as deferred compensation subject to Section 409A, they will be subject to accelerated settlement under
Section 9(a) of the Plan only if the Change in Control constitutes a change in the ownership or effective control of the Company, or in the ownership of a substantial portion of the assets of the Company, within the meaning of
Section 409A(a)(2)(A)(v). Deferrals will be subject to such other restrictions and terms as may be specified by the Company prior to 

  

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deferral. 
 7. Employee Representations and
Warranties Upon Settlement. As a condition to the settlement of the Units, the Company may require Employee to make any representation or warranty to the Company as may be required under any applicable law or regulation. 

8. Miscellaneous. 
 (a) Binding
Agreement; Written Amendments. This Agreement shall be binding upon the heirs, executors, administrators and successors of the parties. This Agreement constitutes the entire agreement between the parties with respect to the Units, and supersedes
any prior agreements or documents with respect to the Units. No amendment or alteration of this Agreement which may impose any additional obligation upon the Company shall be valid unless expressed in a written instrument duly executed in the name
of the Company, and no amendment, alteration, suspension or termination of this Agreement which may materially impair the rights of Employee with respect to the Units shall be valid unless expressed in a written instrument executed by Employee.

 (b) No Promise of Employment. The Units and the granting thereof shall not constitute or be evidence of any agreement or
understanding, express or implied, that Employee has a right to continue as an officer or employee of the Company for any period of time, or at any particular rate of compensation. 
 (c) Governing Law. The validity, construction, and effect of this Agreement shall be determined in accordance with the laws (including those
governing contracts) of the state of Delaware, without giving effect to principles of conflicts of laws, and applicable federal law. 
 (d)
Fractional Units and Shares. The number of Units credited to Employee’s Account shall include fractional Units calculated to at least three decimal places, unless otherwise determined by the Committee. Unless settlement is effected
through a third-party broker or agent that can accommodate fractional shares (without requiring issuance of a fractional share by the Company), upon settlement of the Units Employee shall be paid, in cash, an amount equal to the value of any
fractional share that would have otherwise been deliverable in settlement of such Units. 
 (e) Mandatory Tax Withholding. Unless
otherwise determined by the Committee, at the time of settlement the Company will withhold from any shares deliverable in settlement of the Units, in accordance with Section 11(d)(i) of the Plan, the number of shares having a value nearest to,
but not exceeding, the amount of income and employment taxes required to be withheld under applicable local laws and regulations, and pay the amount of such withholding taxes in cash to the appropriate taxing authorities. Employee will be
responsible for any withholding taxes not satisfied by means of such mandatory withholding and for all taxes in excess of such withholding taxes that may be due upon vesting or settlement of Units. 
 (f) Statements. An individual statement of each Employee’s Account will be issued to 

  

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Employee at such times as may be determined by the Company. Such a statement shall reflect the number of Units credited to Employee’s Account,
transactions therein during the period covered by the statement, and other information deemed relevant by the Company. Such a statement may be combined with or include information regarding other plans and compensatory arrangements. Employee’s
statements shall be deemed a part of this Agreement, and shall evidence the Company’s obligations in respect of Units, including the number of Units credited as a result of Dividend Equivalents (if any). Any statement containing an error shall
not, however, represent a binding obligation to the extent of such error, notwithstanding the inclusion of such statement as part of this Agreement. 
 (g) Unfunded Obligations. The grant of the Units and any provision for distribution in settlement of Employee’s Account hereunder shall be by means of bookkeeping entries on the books of the Company and shall not create in
Employee any right to, or claim against any, specific assets of the Company, nor result in the creation of any trust or escrow account for Employee. With respect to Employee’s entitlement to any distribution hereunder, Employee shall be a
general creditor of the Company. 
 (h) Notices. Any notice to be given the Company under this Agreement shall be addressed to the
Company at its principal executive offices, in care of the Vice President, Corporate Benefits, and any notice to the Employee shall be addressed to the Employee at Employee’s address as then appearing in the records of the Company. 

(i) Shareholder Rights. Employee and any Beneficiary shall not have any rights with respect to Shares (including voting rights) covered by this
Agreement prior to the settlement and distribution of the Shares as specified herein. 
  

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 HORACE MANN EDUCATORS CORPORATION 
 200  -200   Restricted Stock Units Designation 
  

							
	Employee Name:	 	  

				
	Number Granted:	 	  
	 	Units	 	
			
	Grant Date:	 	  
	 	

 Vesting: Subject to the termination provisions below, the Units shall vest as follows: 50% of the earned
Units shall vest on the third anniversary of the grant date, and 50% shall vest on the fourth anniversary of the grant date. 
 Termination
Provisions: This section describes the vesting of the Units upon a termination of employment or a change in control. 
 Upon a termination
of employment by reason of death, disability, retirement, or an involuntary or constructive termination within one year of a change in control (where awards are assumed by an acquirer), unvested Units shall vest immediately. In the event of a change
in control, if the awards are not assumed by an acquirer, unvested Units shall vest immediately. Upon all other terminations, the Units shall be forfeited. 
 Settlement: Subject to elective deferral of settlement as described in Section 6 of the Restricted Stock Units Agreement, each vested Unit, together with each Unit credited as a result of Dividend Equivalents on such Unit, shall
be settled by delivery of one share of the Company’s Common Stock, par value $.001, such delivery to be made within 90 days following the date of vesting; provided, however, that in the event the Employee is a specified employee and vesting
occurs on account of a termination of employment for any reason, delivery shall be made within 90 days of the date which is six months following such separation from service. 
 Definitions: The definitions for change in control, termination of employment, disability, retirement and specified employee, as such terms are used herein, shall be defined in accordance with
Section 409A of the Internal Revenue Code of 1986, as amended, and guidance issued thereunder, as adopted from time to time by the Company. 
  

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