Document:

Form of Stock Option Agreement 2007

     

    EXHIBIT
      10.2

     

    STOCK
      OPTION AGREEMENT

    FOR
      THE GRANT OF

    NON-QUALIFIED
      STOCK OPTIONS UNDER THE

    POOL
      CORPORATION

    2007
      LONG-TERM INCENTIVE PLAN

     

    THIS
      AGREEMENT
      is
      entered into and effective as of  DATE
      by
      and
      between Pool Corporation, a Delaware corporation (the “Company”), and
First
      Name Last Name
      (the
“Optionee”).

     

    WHEREAS
      Optionee
      is a key employee of the Company and the Company considers it desirable and
      in
      its best interest that Optionee be given an inducement to acquire a proprietary
      interest in the Company and an incentive to advance the interests of the Company
      by possessing an option to purchase shares of the common stock of the Company,
      $.001 par value per share (the “Common Stock”) in accordance with the Pool
      Corporation 2007 Long-Term Incentive Plan (the “Plan”).

     

    NOW,
      THEREFORE,
      in
      consideration of the premises, it is agreed by and between the parties as
      follows:

     

    I  

    Grant
      of
      Option

     

    In
      consideration of future services, the Company hereby grants to Optionee
      effective as of the date hereof (the “Date of Grant”) the right, privilege and
      option to purchase # shares
      of
      Common Stock (the “Option”) at an exercise price of $$$$ per
      share
      (the “Exercise Price”). The Option shall be exercisable at the time specified in
      Section II below. The Option is a non-qualified stock option and shall not
      be
      treated as an incentive stock option under Section 422 of the Code. Any
      capitalized term used herein, but not defined herein, shall have the meaning
      provided in the Plan.

     

    II  

    Time
      of
      Exercise

     

    2.1  Subject
      to the provisions of the Plan and the other provisions of this Section II,
      the
      Option shall become vested and exercisable beginning on the dates set forth
      below, provided Optionee continues to be an employee or to perform services
      for
      the Company on such dates:

     

    

    [50%
      of the Option will vest on Vesting Date 1 and the other 50% of the Option will
      vest on Vesting Date 2]

    

    [the
      Option will vest on Vesting Date1]

     

    

     

    2.2  During
      Optionee's lifetime, the Option may be exercised only by him, his guardian
      if he
      has been declared incompetent or by a permitted transferee under Article VI
      hereof. In the event of death, the Option may be exercised as provided herein
      by
      the Optionee’s estate or by the person to whom such right devolves as a result
      of the Optionee’s death.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    2.3  If
      the
      Optionee ceases to be an employee of, or to perform other services for, the
      Company or a Subsidiary of the Company:

     

    (a)  due
      to
      death or Disability, the Option shall become fully vested and exercisable and
      shall remain exercisable for one year following the date of such death or
      Disability; 

     

    (b)  as
      a
      result of termination by the Company or a Subsidiary for Cause, the Option
      shall
      be forfeited immediately upon such cessation, whether or not then
      exercisable;

     

    (c)  due
      to
      Retirement, provided that the Optionee does not engage in Competition directly
      or indirectly against the Company, as determined by the Committee or the
      President of the Company (i) the Option, to the extent vested and exercisable
      on
      the date of Retirement, shall remain exercisable for, and shall otherwise
      terminate on the original expiration date of such Option; and (ii) the portion
      of the Option that was not vested and exercisable on the date of Retirement
      shall continue to vest in accordance with the original vesting schedule and
      shall remain exercisable for, and shall otherwise terminate on the original
      expiration date of such Option; and 

     

    (d)  for
      any
      reason other than death, Disability, Retirement or Cause, provided that the
      Optionee does not engage in Competition directly or indirectly against the
      Company, as determined by the Committee or the President of the Company (i)
      the
      portion of the Option that was vested and exercisable on the date of such
      cessation shall remain exercisable for, and shall otherwise terminate (x) 90
      days from the date of such cessation of employment or if earlier, the original
      expiration date of such Option or (y) if so determined by the Committee upon
      the
      recommendation of the President of the Company, for a period not to exceed
      the
      original expiration date of such Option and (ii) the portion of the Option
      that
      was not vested and exercisable on the date of such cessation shall immediately
      terminate, except that such unvested portion of the Option may continue to
      vest
      in accordance with the original vesting schedule and remain exercisable for,
      and
      otherwise terminate on the original expiration date of such Option, if so
      determined by the Committee upon the recommendation of the President of the
      Company.

     

    provided,
      however,
      that
      under no circumstances may the Option be exercised later than ten years after
      the Date of Grant.

     

    2.4  For
      purposes of this Agreement:

     

    (a)  “Cause”
      shall mean (i) conviction of a felony or any crime or offense lesser than a
      felony involving the property of the Company or a Subsidiary; (ii) conduct
      that
      has caused demonstrable and serious injury to the Company or a Subsidiary,
      monetary or otherwise; (iii) willful refusal to perform or substantial disregard
      of duties properly assigned, as determined by the Board; or (iv) breach of
      duty
      of loyalty to the Company or a Subsidiary or other act of fraud or dishonesty
      with respect to the Company or a Subsidiary. The determination as to whether
      the
      Optionee was terminated for Cause shall be made by the President and/or the
      Board in its sole discretion.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    (b)  “Competition”
      is deemed to occur if an Optionee, who ceases to be employed by the Company
      or
      its Subsidiaries or who ceases to provide services to the Company or its
      Subsidiaries, obtains a position as a full-time or part-time employee of, as
      a
      member of the board of directors of, or as a consultant or advisor with or
      to,
      or acquires an ownership interest in excess of 5% of, a corporation,
      partnership, firm or other entity (i) that engages in any of the businesses
      of
      the Company or any Subsidiary with which the Optionee was involved at any time
      during employment with or other service for the Company or any Subsidiary;
      (ii)
      that serves as a supplier to the Company, a Subsidiary or a competitor of the
      Company or a Subsidiary; or (iii) that is a customer of the Company, a
      Subsidiary or a competitor of the Company or a Subsidiary.

     

    (c)  “Disability”
      shall mean a disability that would entitle Optionee to payment of disability
      payments under any Company or a Subsidiary disability plan or as otherwise
      determined by the Committee.

     

    (d)  “Retirement”
      shall mean termination of the Optionee’s employment if the Optionee has been
      employed by the Company or a Subsidiary on a continuous basis for a period
      of at
      least ten years and the Optionee has attained the age of 55 years.

     

    (e)  “Subsidiary”
      shall mean any corporation or other entity of which the Company owns securities
      having a majority of the ordinary voting power in electing the board of
      directors or similar governing body, either directly or through one or more
      Subsidiaries.

     

    2.5  The
      Option shall expire and may not be exercised later than ten years following
      the
      Date of Grant.

     

    III  

    Method
      of
      Exercise of Option

     

    3.1                   
        (a)       
      Optionee
      may exercise all or a portion of the Option by delivering to the Company a
      signed written notice of his intention to exercise the Option, specifying
      therein the number of shares to be purchased. Upon receiving such notice, and
      after the Company has received full payment of the Exercise Price, the
      appropriate officer of the Company shall cause the transfer of title of the
      shares purchased to Optionee on the Company's stock records and cause to be
      issued to Optionee a stock certificate for the number of shares being acquired.
      Optionee shall not have any rights as a shareholder until the stock certificate
      is issued to him.

     

                   
      (b)       Optionee
      acknowledges and understands that the Company prohibits the exercise of any
      options on or within five (5) business days of any record date set by the
      Company and Optionee agrees that it will not exercise all or a portion of the
      Option on or within five (5) business days of any record date set by the
      Company. If the Option shall expire within such period, Optionee further
      understands and agrees that the Option must be exercised prior to such
      period.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    3.2  The
      Option may be exercised, as provided in the Plan, by the payment of the Exercise
      Price in cash, in shares of Common Stock held for six months or in a combination
      of cash and shares of Common Stock held for six months. The Optionee may also
      pay the Exercise Price by delivering a properly executed exercise notice
      together with irrevocable instructions to a broker approved by the Company
      (with
      a copy to the Company) to promptly deliver to the Company the amount of sale
      or
      loan proceeds to pay the Exercise Price or by a Net Share Exercise.

     

    IV  

    No
      Contract of Employment Intended

     

    Nothing
      in this Agreement shall confer upon Optionee any right to continue in the
      employment of the Company or any of its subsidiaries, or to interfere in any
      way
      with the right of the Company or any of its subsidiaries to terminate Optionee's
      employment relationship with the Company or any of its subsidiaries at any
      time.

     

    V  

    Binding
      Effect

     

    This
      Agreement shall inure to the benefit of and be binding upon the parties hereto
      and their respective heirs, executors, administrators and
      successors.

     

    VI  

    Non-Transferability

     

    The
      Option granted hereby may not be transferred, assigned, pledged or hypothecated
      in any manner, by operation of law or otherwise, other than by will, by the
      laws
      of descent and distribution or pursuant to a domestic relations order, as
      defined in the Code, or (i) to Family Members, (ii) to a partnership in which
      the participant and/or Family Members, or entities in which the participant
      and/or Family Members are the sole owners, members or beneficiaries, as
      appropriate, are the sole partners, (iii) to a limited liability company in
      which the participant and/or Family Members, or entities in which the
      participant and/or Family Members are the sole owners, members or beneficiaries,
      as appropriate, are the sole members, (iv) to a trust for the sole benefit
      of
      the participant and/or Family Members or (v) to a charitable organization.
      Any
      attempted assignment, transfer, pledge, hypothecation or other disposition
      of
      Incentives, or levy of attachment or similar process upon Incentives not
      specifically permitted herein, shall be null and void and without effect.

     

    VII  

    Inconsistent
      Provisions

     

    The
      Option granted hereby is subject to the provisions of the Plan as in effect
      on
      the date hereof and as it may be amended. In the event any provision of this
      Agreement conflicts with such a provision of the Plan, the Plan provision shall
      control.

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    

     

    IN
      WITNESS WHEREOF
      the
      parties hereto have caused this Agreement to be executed on the day and year
      first above written.

    

                            POOL
      CORPORATION

    

    

    

                           
      
        	 By:	
              	
              	
              	
              	
              	
              

      
                                                                
      Chairman, Compensation Committee

    

    

    
      	
               By:

            	
            	
            	
            	
            	
            	
            

    

            
  Optionee

     

    
      
        
        

      

      
        5Form of Restricted Stock Agreement 2007

    EXHIBIT
      10.3

     

    RESTRICTED
      STOCK AGREEMENT

     

    (PURSUANT
      TO THE TERMS OF THE

     

    POOL
      CORPORATION 

     

    2007
      LONG-TERM INCENTIVE PLAN)

     

     

    This
      RESTRICTED STOCK AGREEMENT (this "Restricted Stock Agreement") is between Pool
      Corporation, a Delaware corporation ("Company"), and _____________("Recipient"),
      and is dated as of the date set forth immediately above the signatures
      below.

     

    1. Grant
      of Restricted Stock.
      The
      Company hereby grants to Recipient all rights, title and interest in the record
      and beneficial ownership of ________ shares (the "Restricted Stock" or the
      “Incentive”) of common stock, $.001 par value per share, of Company ("Common
      Stock") subject to the conditions described in Paragraphs 4 and 5 as well as
      the
      other provisions of this Restricted Stock Agreement. The Restricted Stock is
      granted pursuant to and to implement in part Pool Corporation’s 2007 Long-Term
      Incentive Plan (as amended and in effect from time to time, the "Plan") and
      is
      subject to the provisions of the Plan, which is hereby incorporated herein
      and
      is made a part hereof, as well as the provisions of this Restricted Stock
      Agreement. Recipient agrees to be bound by all of the terms, provisions,
      conditions and limitations of the Plan and this Restricted Stock Agreement.
      All
      capitalized terms have the meanings set forth in the Plan unless otherwise
      specifically provided. All references to specified paragraphs pertain to
      paragraphs of this Restricted Stock Agreement unless otherwise specifically
      provided. 

     

    2. Custody
      of Restricted Stock.
      Upon
      satisfaction of the vesting conditions set forth in Paragraph 4 or the
      occurrence of any of the events contemplated by Paragraph 5(b) or 5(c), Company
      shall issue and deliver to Recipient a certificate or certificates for such
      number of shares of Restricted Stock as are required to be issued and delivered
      under this Restricted Stock Agreement. Prior to the satisfaction of such vesting
      conditions or the occurrence of such events, the Restricted Stock is not
      transferable and shall be held in trust until such time as the applicable
      restrictions on the transfer thereof have expired or otherwise lapsed.

     

    3. Risk
      of Forfeiture.
      Subject
      to Paragraphs 5(b) and 5(c), should Recipient's employment (defined below)
      with
      Company and each subsidiary (as the term "subsidiary" is defined in the Plan)
      terminate prior to the vesting date set forth in Paragraph 4, Recipient shall
      forfeit the Restricted Stock that would otherwise have vested on such dates.
      

     

    4. Vesting
      Dates.
      Subject
      to Paragraph 5, the shares of Restricted Stock subject to this Restricted Stock
      Agreement shall vest in full on [      ].

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    5. Termination
      of Employment; Change in Control.
      Voluntary or involuntary termination of employment, retirement, death or
      Disability of Recipient, or occurrence of a Change in Control, shall affect
      Recipient's rights under this Restricted Stock Agreement as follows:

     

    a. Voluntary
      or Involuntary Termination.
      If,
      other than as specified below, Recipient voluntarily terminates employment
      (defined below) or if Recipient's employment is terminated involuntarily, then
      Recipient shall forfeit the right to receive all shares of Restricted Stock
      that
      have not theretofore vested pursuant to Paragraph 4. 

     

    b. Change
      in Control.
      If a
      Change in Control shall occur, then immediately all nonvested Restricted Stock
      shall fully vest, all restrictions (other than those described in Paragraph
      9)
      applicable to such Restricted Stock shall terminate and Company shall release
      from escrow or trust and shall issue and deliver to Recipient a certificate
      or
      certificates for all shares of Restricted Stock. 

     

    c. Death
      or Disability.
      If
      Recipient's employment is terminated by death or Disability, then immediately
      all nonvested Restricted Stock shall fully vest, all restrictions (other than
      described in Paragraph 9) applicable to Restricted Stock shall terminate and
      Company shall release from escrow or trust and shall issue and deliver to
      Recipient, or in the case of death, to the person or persons to whom Recipient's
      rights under this Restricted Stock Agreement shall pass by will or by the
      applicable laws of descent and distribution, or in the case of Disability,
      to
      Recipient's personal representative, a certificate or certificates for all
      Restricted Stock. 

     

    d. Retirement.
      If
      Recipient’s employment is terminated by Retirement, provided that the Recipient
      does not engage in Competition directly or indirectly against the Company,
      as
      determined by the Compensation Committee or the President of the Company, the
      Restricted Stock not vested on the date of Retirement shall continue to vest
      in
      accordance with the original vesting schedule and once vested, all restrictions
      (other than described in Paragraph 9) applicable to Restricted Stock shall
      terminate and Company shall release from escrow or trust and shall issue and
      deliver to Recipient, a certificate or certificates for all Restricted
      Stock.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    e. Definition
      of Employment.
      For
      purposes of this Restricted Stock Agreement, "employment" means employment
      by
      Company or a subsidiary. In this regard, neither the transfer of Recipient
      from
      employment by Company to employment by a subsidiary nor the transfer of
      Recipient from employment by a subsidiary to employment by Company shall be
      deemed to be a termination of employment of Recipient. Moreover, the employment
      of Recipient shall not be deemed to have been terminated because of absence
      from
      active employment on account of temporary illness or during authorized vacation
      or during temporary leaves of absence from active employment granted by Company
      or a subsidiary for reasons of professional advancement, education, health,
      or
      government service, or during military leave for any period if Recipient returns
      to active employment within 90 days after the termination of military leave,
      or
      during any period required to be treated as a leave of absence by virtue of
      any
      valid law or agreement. The Compensation Committee’s determination in good faith
      regarding whether a termination of employment of any type or Disability has
      occurred shall be conclusive and determinative. 

     

    f. Definition
      of Competition.
      For
      purposes of this Restricted Stock Agreement, "Competition" is deemed to occur
      if
      a Recipient, who ceases to be employed by the Company or its subsidiaries or
      who
      ceases to provide services to the Company or its subsidiaries, obtains a
      position as a full-time or part-time employee of, as a member of the board
      of
      directors of, or as a consultant or advisor with or to, or acquires an ownership
      interest in excess of 5% of, a corporation, partnership, firm or other entity
      (i) that engages in any of the businesses of the Company or any subsidiary
      with
      which the Recipient was involved at any time during employment with or other
      service for the Company or any subsidiary; (ii) that serves as a supplier to
      the
      Company, a subsidiary or a competitor of the Company or a subsidiary; or (iii)
      that is a customer of the Company, a subsidiary or a competitor of the Company
      or a subsidiary.

     

    g. Definition
      of Retirement.
      For
      purposes of this Restricted Stock Agreement, “Retirement” shall mean termination
      of the Recipient’s employment if the Recipient has been employed by the Company
      or a subsidiary on a continuous basis for a period of at least ten years and
      the
      Recipient has attained the age of 55 years.

     

    h. Definition
      of Disability.
      For
      purposes of this Restricted Stock Agreement, “Disability” shall mean a
      disability that would entitle the Recipient to the payment of disability
      payments under any Company or Subsidiary disability plan or as otherwise
      determined by the Committee.

     

    i. Definition
      of Subsidiary.
      For
      purposes of this Restricted Stock Agreement, “Subsidiary” shall mean any
      corporation or other entity of which the Company owns securities having a
      majority of the ordinary voting power in electing the board of directors or
      similar governing body, either directly or through one or more
      Subsidiaries.

     

    6. Ownership
      Rights.
      Subject
      to the restrictions set forth herein and subject to Paragraph 8, Recipient
      is
      entitled to all voting and ownership rights applicable to the Restricted Stock,
      including the right to receive any dividends that may be paid on Restricted
      Stock, whether or not vested. 

     

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

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    8. Adjustment
      of Shares.
      Except
      in the case of a Change in Control as otherwise provided above, in the event
      of
      stock dividends, spin-offs of assets or other extraordinary dividends, stock
      splits, combinations of shares, recapitalizations, mergers, consolidations,
      reorganizations, liquidations, issuances of rights or warrants and similar
      transactions or events involving Company ("Recapitalization Events"), then
      for
      all purposes references herein to Common Stock or to Restricted Stock shall
      mean
      and include all securities or other property that holders of Common Stock of
      Company are entitled to receive in respect of Common Stock by reason of each
      successive Recapitalization Event, which securities or other property shall
      be
      treated in the same manner and shall be subject to the same restrictions as
      the
      underlying Restricted Stock. 

     

    9.
      Certain
      Restrictions.
      By
      accepting the Restricted Stock, Recipient agrees that if at the time of delivery
      of certificates for shares of Restricted Stock issued hereunder any sale of
      such
      shares is not covered by an effective registration statement filed under the
      Securities Act of 1933 (the "Act"), Recipient will acquire the Restricted Stock
      for Recipient's own account and without a view to resale or distribution in
      violation of the Act or any other securities law, and upon any such acquisition
      Recipient will enter into such written representations, warranties and
      agreements as Company may reasonably request in order to comply with the Act
      or
      any other securities law or with this Restricted Stock Agreement. 

     

    10.
      Nontransferability
      of Incentive. This
      Incentive is not transferable other than by will, the laws of descent and
      distribution or by qualified domestic relations order. No right or benefit
      hereunder shall in any manner be liable for or subject to any debts, contracts,
      liabilities, or torts of Recipient.

     

    11.
      Amendment
      and Termination.
      No
      amendment or termination of this Restricted Stock Agreement which would impair
      the rights of Recipient shall be made by the Compensation Committee at any
      time
      without the written consent of Recipient. No amendment or termination of the
      Plan will adversely affect the right, title and interest of Recipient under
      this
      Restricted Stock Agreement or to Restricted Stock granted hereunder without
      the
      written consent of Recipient.

     

    12.
      No
      Guarantee of Employment.
      This
      Restricted Stock Agreement shall not confer upon Recipient any right with
      respect to continuance of employment or other service with Company or any
      subsidiary, nor shall it interfere in any way with any right Company or any
      subsidiary would otherwise have to terminate such Recipient's employment or
      other service at any time.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    13.
      Withholding
      of Taxes.
      Company
      shall have the right to (i) make deductions from the number of shares of
      Restricted Stock otherwise deliverable upon satisfaction of the conditions
      precedent under this Restricted Stock Agreement (and other amounts payable
      under
      this Restricted Stock Agreement) in an amount sufficient to satisfy withholding
      of any federal, state or local taxes required by law, or (ii) take such other
      action as may be necessary or appropriate to satisfy any such tax withholding
      obligations.

     

    14.
      No
      Guarantee of Tax Consequences.
      Neither
      Company nor any subsidiary nor the Compensation Committee makes any commitment
      or guarantee that any federal or state tax treatment will apply or be available
      to any person eligible for benefits under this Restricted Stock
      Agreement.

     

    15.
      Severability.
      In the
      event that any provision of this Restricted Stock Agreement shall be held
      illegal, invalid, or unenforceable for any reason, such provision shall be
      fully
      severable, but shall not affect the remaining provisions of this Restricted
      Stock Agreement and this Restricted Stock Agreement shall be construed and
      enforced as if the illegal, invalid, or unenforceable provision had never been
      included herein.

     

    16.
      Governing
      Law.
      The
      Restricted Stock Agreement shall be construed in accordance with the laws of
      the
      State of Louisiana to the extent federal law does not supersede and preempt
      Louisiana law.

     

    17.
      Section
      83(b) Election.
      The
      Recipient has reviewed with the Recipient’s own tax advisors the federal, state,
      local and foreign tax consequences of this investment and the transactions
      contemplated by this Restricted Stock Agreement. The Recipient is relying solely
      on such advisors and not on any statements or representations of the Company
      or
      any of its agents. The Recipient understands that the Recipient (and not the
      Company) shall be responsible for the Recipient’s own tax liability that may
      arise as a result of the transactions contemplated by this Agreement. The
      Recipient understands that the Recipient may elect to be taxed at the time
      the
      shares are granted by filing an election under Section 83(b) of the Code with
      the IRS within thirty days from the date of grant. The Recipient acknowledges
      that it is the Recipient’s sole responsibility and not the Company’s to file
      timely the election under Section 83(b), even if the Recipient requests the
      Company or its representatives, to make this filing on the Recipient’s
      behalf.

     

    18.
      Miscellaneous
      Provisions.

     

    (a)
      Not
      a
      Contract of Employment; No Acquired Rights.
      The
      adoption and maintenance of the Plan shall not be deemed to be a contract of
      employment between the Company or any of its subsidiaries and any person.
      Receipt of an Incentive under the Plan at any given time shall not be deemed
      to
      create the right to receive in the future an Incentive under the Plan, or any
      other incentive awards granted to an employee of the Company or any of its
      subsidiaries, and shall not constitute an acquired labor right for purposes
      of
      any foreign law. The Plan shall not afford any recipient of an Incentive any
      additional right to severance payments or other termination awards or
      compensation under any foreign law as a result of the termination of such
      recipient's employment for any reason whatsoever.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    (b)
      Not
      a
      Part of Salary.
      The
      value of the Restricted Stock granted pursuant to this Restricted Stock
      Agreement shall not be included as compensation, earnings, salaries or other
      similar terms used when calculating Recipient’s benefits under any employee
      benefit plan sponsored by the Company except as such plan otherwise expressly
      provides.

     

    (c)
      Electronic
      Delivery and Signatures.
      Recipient hereby consents and agrees to electronic delivery of any Plan
      documents, proxy materials, annual reports and other related documents. If
      the
      Company establishes procedures for an electronic signature system for delivery
      and acceptance of Plan documents (including documents relating to any programs
      adopted under the Plan), Recipient hereby consents to such procedures and agrees
      that his or her electronic signature is the same as, and shall have the same
      force and effect as, his or her manual signature. Recipient consents and agrees
      that any such procedures and delivery may be effected by a third party engaged
      by the Company to provide administrative services related to the Plan, including
      any program adopted under the Plan. 

     

     

    IN
      WITNESS WHEREOF, the parties have entered into this Restricted Stock Agreement
      as of the [      ] day of
      [      ], 2007.

     

     

    "COMPANY"

     

    POOL
      CORPORATION

     

    By: __________________________________

     

    Name:

     

    Title:

     

     

    "Recipient"

     

    _____________________________________

     

    Name:

     

     

    
      
        
        

      

      
        6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00123-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00123-of-00352.parquet"}]]