Document:

Exhibit 10.3 Form of Award-Restricted Stock

Employee Number:        
Grant Name:        
Total:    
Issue Date:        
Expiry Date:        
Grant Price:        

 
GIBRALTAR INDUSTRIES, INC.
 
2015 EQUITY INCENTIVE PLAN
_________________________________
Award of Restricted Stock
_________________________________
 
            THIS AWARD made to (the “Recipient”) as of this 7th day of May, 2015.
Recitals:
 
            Effective as of May 7, 2015, Gibraltar Industries, Inc. (the “Company”) adopted an equity based incentive compensation plan known as the Gibraltar Industries, Inc. 2015 Equity Incentive Plan (the “Plan”).
 
            The Compensation Committee has directed the Company to grant an award of Restricted Stock to the Recipient under the terms of the Plan.
 
            
            The Plan provides that the terms and conditions of each Award are to be specified in a written instrument.
 
Grant of Award:
 
            NOW, THEREFORE, the Company hereby grants to the Recipient, (Total) Shares of Restricted Stock on the following terms and conditions:
 
1.                  Award of Restricted Stock.  Subject to the terms and conditions of this Award instrument (“Instrument”), the Recipient is hereby granted an Award of (Total) Shares of Restricted Stock.  Any reference in this Instrument to Restricted Stock shall be deemed to refer only to the Restricted Stock granted pursuant to the Award reflected in this Instrument together with any additional Shares of 

Restricted Stock credited to the Recipient with respect to the Restricted Stock referred to above pursuant to the anti-dilution provisions of the Plan.

2.                  Restriction on Transfer.  Except as set forth in Sections 3 and 4 below, the Restricted Stock shall be subject to the Restrictions on transfer set forth in Section 5.02 of the Plan.

3.                  Lapse of Restrictions; Expiration of Restricted Period.  The Restrictions shall lapse with respect to the Restricted Stock awarded by this Instrument and the Restricted Period shall expire with respect to the total number of Shares of Restricted Stock which have been awarded to the Recipient pursuant to this Instrument on the earliest to occur of: (a) the  third (3rd) anniversary of the date hereof; (b) the date the Recipient retires from his position as a member of the Company’s Board of Directors, provided that such retirement date is at least one year after the date hereof; (c) the date of the Recipient’s death; and (d) the date it is determined that the Recipient suffers from a Disability.

4.                  Lapse of Restrictions Upon a Change in Control.  As provided for by Article 9 of the Plan, upon the occurrence of a Change in Control, the Restrictions applicable to the Shares of Restricted Stock awarded to the Recipient pursuant to this Instrument shall lapse on the date the Change in Control occurs.

5.                  Form of Payment.  Except as otherwise provided by Article 9 of the Plan, upon the lapse of the Restrictions on the Shares of Restricted Stock awarded pursuant to this Instrument, the Company shall issue to the Recipient a stock certificate representing the number of Shares of Common Stock represented by the Restricted Stock with respect to which the Restrictions have lapsed, together with cash equal to the Fair Market Value, determined as of the date the Restrictions have lapsed, of any fractional Shares of Restricted Stock as to which the Restrictions have lapsed.

6.                  Applicability of the Plan.  Except as otherwise provided by this Instrument, the terms of the Plan shall apply to the Award described in this Instrument and the rights of the Recipient with respect to such Award.  This Instrument, together with the Plan, contains all the terms and conditions of the Award described herein and the rights of the Recipient with respect to such Award.

7.                  Notices.  Any notices or other communications given in connection with this Agreement shall be mailed, and shall be sent by registered or certified mail, return receipt requested, to the indicated address as follows:
                        If to the Company:
 
                        Gibraltar Industries, Inc.
                        3556 Lake Shore Road
                        P.O. Box 2028
                        Buffalo, New York 14219
                        Attn: Corporate Secretary
 
                        If to the Recipient:

 
 
 
or to such changed address as to which either party has given notice to the other party in accordance with this Section 7.  All notices shall be deemed given when so mailed, except that a notice of a change of address shall be deemed given when received.

8.                  Defined Terms.  Capitalized terms used but not otherwise defined herein shall have the meaning provided to such terms by the Plan.
 
            IN WITNESS WHEREOF, the parties hereto have executed this Agreement on and as of the day and year first set forth above.
                                                           

	
				
	 
	GIBRALTAR INDUSTRIES, INC.

	 
	 

	 
	By:
	/s/ Paul M. Murray

	 
	 
	Paul M. Murray

	 
	 
	Senior Vice President of Human Resources 

	 
	 
	and Organizational DevelopmentExhibit 10.4 Second Amendment of the Termination of the 2005 Plans

GIBRALTAR INDUSTRIES, INC.

2005 EQUITY INCENTIVE PLAN
_______________________________

Second Amendment to
Third Amendment And Restatement
_______________________________

Effective as of May 19, 2005, Gibraltar Industries, Inc., a Delaware corporation with offices at 3556 Lake Shore Road, Buffalo, New York (the “Company”), adopted an equity based incentive compensation plan known as the Gibraltar Industries, Inc. 2005 Equity Incentive Plan (the “Plan”) for the purpose of carrying into effect its objective to provide its employees and its non-employee directors, consultants and other service providers with equity based incentives to increase their motivation to improve the profitability of the Company.
The Company has adopted and the stockholders of the Company have approved the adoption of a new equity based incentive compensation plan known as the Gibraltar Industries, Inc. 2015 Equity Incentive Plan (the “New Plan”).  In connection with the Company’s adoption of the New Plan, the Company desires to amend the Plan to provide that effective as of May 7, 2015, no further Awards will be granted to any Eligible Persons under the terms of the Plan except for Restricted Units which are to be credited to the Accounts of Employees pursuant to elections made by such Employees to defer a portion of their Base Salaries under the terms of the Company’s 2005 Management Stock Purchase Plan (the “2005 MSPP”) for the 2015 calendar year and Restricted Units which will be credited to Accounts of non-Employee Directors pursuant to elections made by the Company’s Directors to defer a portion of their Director Fees under the terms of the 2005 MSPP for the 2015 calendar year. 
In connection with the foregoing, the Company hereby adopts the following as the Second Amendment to the Third Amendment and Restatement of the Gibraltar Industries, Inc., 2005 Equity Incentive Plan effective as of May 7, 2015:
1.    Capitalized terms that are not defined herein shall have the meanings assigned to such terms in the Plan. 

2.    The Plan is hereby amended to the full extent necessary to provide that: (1) no additional Awards shall be granted to any Participants under the terms of  the Plan except for Restricted Units which are to be credited to the Accounts of Participants under the terms of the Fourth Amendment and Restatement of Gibraltar Industries, Inc. Management Stock Purchase Plan, as amended effective as of the date of this amendment (hereinafter the “MSPP”); (2) all rights of Participants under the terms of Awards made pursuant to the Plan shall continue in full force and effect on and after the date hereof; and (3) effective as of May 7, 2015, no further Shares shall be issuable to any Participants under the terms of the Plan except for changes in the number of Shares which may be issued to Participants pursuant to the terms of any Awards issued prior to May 7, 2015 as may be required pursuant to the provisions of Section 3.02 of the Plan.

3.    Except as amended pursuant to the provisions of Section 2 above, the provisions of the Plan shall continue in full force and effect following the date hereof. 

IN WITNESS WHEREOF, Gibraltar Industries, Inc. has caused this Second Amendment to the Third Amendment and Restatement of the Gibraltar Industries, Inc. 2005 Equity Incentive Plan to be executed as of the 7th day of May, 2015.
        

                    
	
				
	 
	GIBRALTAR INDUSTRIES, INC.

	 
	 

	 
	By:
	/s/ Paul M. Murray

	 
	 
	Paul M. Murray

	 
	 
	Senior Vice President of Human Resources

	 
	 
	and Organizational DevelopmentExhibit 10.5 First Amendment of the Termination of the 2005 Equity Plan & 2005 MSPP

GIBRALTAR INDUSTRIES, INC. 
MANAGEMENT STOCK PURCHASE PLAN

_____________________________

First Amendment to 
Fourth Amendment and Restatement
______________________________

Effective as of May 19, 2005, Gibraltar Industries, Inc., a Delaware corporation with offices at 3556 Lake Shore Road, Buffalo, New York (the “Company”) established the Gibraltar Industries, Inc. 2005 Equity Incentive Plan (the “Prior Omnibus Plan”) to enable the Company to grant awards of equity based compensation to its employees and to non-employee directors, consultants and service providers.  

In addition, effective as of May 19, 2005, the Company established the Gibraltar Industries, Inc. Management Stock Purchase Plan (as amended, the “Plan”) to set forth a uniform set of principals under which certain of the Company’s management employees would be permitted to purchase Restricted Stock Units which the Company is authorized to issue pursuant to the Prior Omnibus Plan.

Pursuant to the terms of the Plan and the Prior Omnibus Plan, the Plan is to be treated as an instrument evidencing the grant of an Award under the Prior Omnibus Plan. 

The Company has adopted and the stockholders of the Company have approved the adoption of a new equity based incentive compensation plan known as the Gibraltar Industries, Inc. 2015 Equity Incentive Plan (the “Omnibus Plan”).  In connection with the company’s establishment of the Omnibus Plan, the Company has also adopted a new management stock purchase plan known as the Gibraltar Industries, Inc. 2015 Management Stock Purchase Plan (the “New MSPP”).  Pursuant to the terms of the Omnibus Plan and the New MSPP, the New MSPP is to be treated as an instrument evidencing the grant of an Award under the Omnibus Plan.

In connection with the Company’s adoption of the Omnibus Plan, the Company has amended the Prior Omnibus Plan to provide that no further Awards will be permitted under the terms of the Prior Omnibus Plan, other than Awards which will be made pursuant to elections made by the Company’s Employees to defer a portion of their Base Salaries under the terms of the Plan for the 2015 calendar year and Awards which will be made pursuant to elections made by the Company’s Directors to defer a portion of their meeting fees under the terms of the Plan for the 2015 calendar year.  

The Company desires to amend the Plan to provide that, except for Restricted Units which are to be credited to the Accounts of Employees pursuant to elections made by such Employees to defer a portion of their Base Salaries under the terms of the Plan for the 2015 calendar year and Restricted Units which will be credited to Accounts of Directors pursuant to elections made by the Company’s Directors to defer a portion of their Director Fees under the terms of the Plan for the 2015 calendar year, no further Restricted Units will be credited to the Accounts of Participants effective as of May 7, 2015.

In connection with the foregoing, the Company hereby adopts the following as the First Amendment to the Fourth Amendment and Restatement of the Gibraltar Industries, Inc. Management Stock Purchase Plan effective as of May 7, 2015:

1.    Capitalized terms that are not defined herein shall have the meanings assigned to such terms in the Plan.

2.    The Plan is hereby amended to the full extent necessary to provide that: (1) except for Restricted Units which are to be credited to the Accounts of Participants, in the case of Participants who are Eligible Employees, pursuant to elections made to defer any portion of their Base Salary for the 2015 calendar year and, in the case of Participants who are non-employee Directors, pursuant to elections made to defer any portion of their Director Fees for the 2015 calendar year, no additional Restricted Units shall be credited to the Accounts of Participants based on elections made by Participants to defer any portion of their respective Base Salaries, annual Bonus or Director Fees; (2) all rights of Participants to receive payment for Restricted Units credited to the Accounts of such Participants, as such rights are provided for under the terms of the Plan, shall continue in full force and effect on and after the date hereof; and (3) effective as of January 1, 2016, except for Restricted Units which may be required to be credited to the Accounts of Participants pursuant to the anti-dilution provisions of Section 6.03 of the Plan, no further Restricted Units shall be credited to the Accounts of any Participants under the terms of the Plan.

3.    Except as amended pursuant to the provisions of Section 2 above, the provisions of the Plan shall continue in full force and effect following the date hereof.

IN WITNESS WHEREOF, Gibraltar Industries, Inc. has caused this First Amendment to the Fourth Amendment and Restatement of the Gibraltar Industries, Inc. Management Stock Purchase Plan to be executed as of this 7th day of May, 2015.

                    

	
				
	 
	GIBRALTAR INDUSTRIES, INC.

	 
	 

	 
	By:
	/s/ Paul M. Murray

	 
	 
	Paul M. Murray

	 
	 
	Senior Vice President of Human Resources 

	 
	 
	and Organizational Development

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