Document:

EX-10.13

Exhibit 10.13

BOWNE & CO., INC.

Amended Restricted Stock Unit Award Agreement — 2008

Granted Pursuant to the Bowne & Co., Inc.

1999 Incentive Compensation Plan, as amended and restated December 31, 2008

Employee:      «Name»

Grant Date:    «Grant_Date»

     This Restricted Stock Unit Award Agreement (the “Agreement”) sets forth the terms of the grant
on «Grant_Date» (the “Grant Date”) by BOWNE & CO., INC., a Delaware corporation (the “Company”), to
«Name» (“Employee”) of Restricted Stock Units pursuant to the Company’s 1999 Incentive Compensation
Plan, amended and restated effective as of December 31, 2008 (the “Plan”); and

     WHEREAS, it has been determined by the Committee that it would be in the best interests of the
Company to grant the Restricted Stock Units provided herein to the Employee.

     WHEREAS, the Restricted Stock Units are hereby granted in contemplation of the receipt of
future services by the Employee.

     NOW, THEREFORE, in consideration of the mutual covenants and premises hereinafter set forth
and for other good and valuable consideration, the parties hereto hereby mutually covenant and
agree as follows:

     The Company hereby grants to the Employee «Shares_Granted» Restricted Stock Units,
representing a contingent commitment by the company to issue shares of Company Stock (“Common
Stock”) to the Employee at or following the applicable Vesting Date(s) listed in the following
table):

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Number of Units	 	 
	 	 	Stated
Vesting
Date 
	 	 	 	That
Vest at that
Date 
	 	 
	 

	 	«Vestdate1»
	 	 	 	«vest_shares1»	 	 
	 

	 	«Vestdate2»
	 	 	 	«vest_shares2»	 	 
	 

	 	«Vestdate3»
	 	 	 	«vest_shares3»	 	 
	 

	 	«Vestdate31»
	 	 	 	«vest_shares4» (“the Final Vesting Date”)	 	 

     In addition, if not previously forfeited, the Restricted Stock Units will become immediately
vested in full upon a Change in Control, and will become vested upon the occurrence of certain
events relating to Termination of Employment to the extent provided in Section 3 hereof. The terms
“vest” and “vesting” mean that the Restricted Stock Unit has become non-forfeitable. If Employee
has a Termination of Employment prior to a Stated Vesting Date and Restricted Stock Units do not
become vested upon such Termination of Employment and are not otherwise deemed vested by that date
under the terms hereof, such Restricted Stock Units will be immediately forfeited. Forfeited
Restricted Stock Units cease to be binding on the Company and in no event will thereafter result in
delivery of shares of Common Stock to Employee. Upon the Final Vesting Date, the Company shall
issue to the Employee (the “Settlement”) that number of shares of the Company’s Common Stock equal
to the number of Restricted Stock Units that vested.

 

 

     This Restricted Stock Unit Award is granted under Section 6(e) of the Plan to issue shares of
Common Stock to Employee at one or more future dates (“Settlement Dates”), and is subject to the
risk of forfeiture and other restrictions specified in the Plan and this Agreement, including the
Terms and Conditions of Restricted Stock Units attached hereto. The number of Restricted Stock
Units and other terms of the Restricted Stock Units are subject to adjustment in accordance with
Section 4(b) hereof and Section 11(c) of the Plan. The Restricted Stock Units subject to this
Agreement are not eligible for an elective deferral of the Settlement Date.

     Employee acknowledges and agrees that (i) Restricted Stock Units are nontransferable, except
as provided in Section 2 hereof and Section 11(b) of the Plan, (ii) the Restricted Stock Units are
subject to forfeiture in the event of Employee’s termination of employment in certain circumstances
prior to vesting, as specified in the Plan and Section 3 hereof, (iii) the Restricted Stock Units
are subject to forfeiture in the event Employee fails to meet applicable requirements relating to
non-competition, confidentiality, non-solicitation of customers, suppliers, business associates,
employees, and service providers, non-disparagement and cooperation in litigation with respect to
the Company and its subsidiaries and affiliates, as set forth in Section 6 hereof and Section 10 of
the Plan, and (iv) sales of the Common Stock issued upon Settlement of the Restricted Stock Units
will be subject to the Company’s policies regulating trading by employees, including any applicable
“blackout” or other designated periods in which sales of Shares is not permitted.

     IN WITNESS WHEREOF, BOWNE & CO., INC. has caused this Agreement to be executed by its officer
thereunto duly authorized, and Employee has duly executed this Agreement, by which each has agreed
to the terms of this Agreement.

	 	 	 	 	 	 	 
	EMPLOYEE	 	 	 	BOWNE & CO., INC.
	 
	 	 	 	 	 	 
	 

	 	 	 	By:	 	 
	 

	 	 	 	 	 
	     «Name»	 	 	 	Susan W. Cummiskey
	 

	 	 	 	 	 	          Senior VP, Human Resources

TERMS AND CONDITIONS OF RESTRICTED STOCK UNITS

     The following Terms and Conditions apply to the Restricted Stock Unit granted to Employee by
BOWNE & CO., INC. (the “Company”), and additional Restricted Stock Units resulting from Dividend
Equivalents (if any), as specified in the Restricted Stock Unit Award Agreement (of which these
Terms and Conditions form a part). Certain terms of the Restricted Stock Unit, including the
number of shares granted and vesting date(s), are set forth on the preceding pages.

     1. General. The Restricted Stock Unit is granted to Employee under the Company’s 1999
Incentive Compensation Plan, amended and restated as of December 31, 2008 (the “Plan”), a copy of
which is being delivered to Employee with this Agreement. 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 Restricted Stock Unit, 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 and Management Development Committee of the Company’s Board of
Directors (the “Committee”) made from time to time.

     2. Nontransferability. At no time may Employee transfer this Restricted Stock Unit or any
rights hereunder to any third party, other than by will or the laws of descent and distribution.
This restriction on transfer precludes any sale, assignment, pledge, or other encumbrance or
disposition of the shares of Restricted Stock Unit (except for forfeitures to the Company).

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     3. Termination Provisions. The following provisions will govern the vesting and forfeiture of
that portion of the Restricted Stock Unit that is outstanding and not vested at the time of
Employee’s Termination of Employment, unless otherwise determined by the Committee (subject to
Section 9(a) hereof):

     (a) Death or Disability. In the event of Employee’s Termination of Employment due to
death or Disability, all of the outstanding Restricted Stock Units will vest immediately.

     (b) Other Terminations of Employment. In the event of Employee’s Termination of
Employment other than for death or Disability, those Restricted Stock Units that have not,
as of such date of Termination, become vested pursuant to the vesting schedule presented in
the preamble of this Agreement will be forfeited.

     (c) Certain Definitions. The following definitions apply for purposes of this
Agreement:

(i) “Disability” means any condition that results in the Participant: (1) being
unable to engage in any substantial gainful activity by reason of any medically
determinable physical or mental impairment that can be expected to result in death
or can be expected to last for a continuous period of not less than 12 months; (2)
by reason of any medically determinable physical or mental impairment that can be
expected to result in death or can be expected to last for a continuous period of
not less than 12 months, receiving income replacement benefits for a period of not
less than three months under an accident and health plan covering employees of the
Company; or (3) being determined to be totally disabled by the Social Security
Administration or Railroad Retirement Board.

(ii) “Termination of Employment” means the event by which Employee ceases to be
employed by the Company or any affiliate of the Company and, immediately thereafter,
is not employed by or providing substantial services to any of the Company or an
affiliate of the Company.

     4. Dividend Equivalents and Adjustments.

     (a) Dividends. In the event of dividends or distributions on Common Stock, additional
Restricted Stock Units shall be issued to the Employee in an amount equal to such dividend
or distribution (the “Dividend Equivalent”) in a manner consistent with the terms of the
Plan. Restricted Stock Units granted under this Section 4(a) will become vested if and to
the same extent as the original Restricted Stock Units with respect to which the cash
dividend or distribution was made becomes vested and, to the greatest extent practicable,
shall be subject to all other terms and conditions as applied to the original Restricted
Stock Unit Award;

     (b) Adjustments. The number of shares of Restricted Stock Units, the number of such
 shares to be vested and other terms and conditions of Restricted Stock Units or otherwise
contained in this Agreement shall be appropriately adjusted, in order to prevent dilution or
enlargement of Employee’s rights hereunder, 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 Restricted Stock Unit or other amounts paid or credited to
Employee in connection with such event under Section 4(a) hereof, in the sole discretion of
the Committee. In addition, to the extent consistent with Section 409A of the Code, the
Committee may vary the treatment of any dividend or distribution as specified under Section
4(a), in its discretion, for administrative convenience or any other reason. The Committee
may determine how to treat or settle any fractional share resulting under this Agreement.

     5. Other Terms of Restricted Stock Unit Award.

     (a) Voting and Other Shareholder Rights. Employee shall not have any of the rights
of a shareholder of the Company in respect of the shares of Common Stock underlying this
Award

3

 

until such Common Stock is delivered to the Employee in accordance with Section 6.

     (b) Consideration for Grant of Restricted Stock Unit. Employee shall not be required
to pay any cash consideration for the grant of the Restricted Stock Unit Award, but
Employee’s performance of services to the Company prior to the vesting of the Restricted
Stock Units shall be deemed to be consideration for this grant of Restricted Stock Units.
Employee’s services performed from the Grant Date to the date of issuance of the shares of
Restricted Stock Unit is hereby determined to have a value at least equal to the aggregate
par value of the shares being newly issued in connection with the grant of Restricted Stock
Unit.

     (c) Insider Trading Policy Applicable. Employee acknowledges that sales of shares
resulting from Restricted Stock Units that have become vested will be subject to the
Company’s policies regulating trading by executive officers and employees.

     6. Settlement and Additional Forfeiture Provisions.

     (a) Settlement. Subject to the terms of the Plan, if any portion of the Restricted
Stock Units awarded by this Agreement becomes vested, following the Final Vesting Date the
Company shall promptly distribute to the Employee the number of shares of Stock equal to the
number of Restricted Stock Units that so vested. In connection with the delivery of the
            shares of Stock pursuant to this Agreement, the Employee agrees to execute any documents
reasonably requested by the Company. If the Employee should terminate employment prior to
the Final Vesting Date, then vested Units shall be settled upon such termination (six months
after termination of employment for any Participant who is a “key employee” as defined in a
resolution of the Board of Directors setting forth such rules in accordance with Section
409A of the Code).

     (b) Additional Forfeiture Provisions. The Restricted Stock Unit Award is subject to
the additional forfeiture conditions imposed under Section 10 of the Plan in the event that
the Employee incurs a Forfeiture Event.

     7. Employee Representations and Warranties and Release. As a condition to any non-forfeiture
of the Restricted Stock Units that vest upon termination of employment, the Company may require
Employee (i) to make any representation or warranty to the Company as may be required under any
applicable law or regulation, to make any representation and warranty that the Company deems
appropriate, including a representation and warranty that the requirements of Section 10 of the
Plan have been met, and (ii) to execute a release from claims against the Company arising at or
before the date of such release, in such form as may be specified by the Company.

     8. Tax Withholding. Unless otherwise determined by the Committee, the Company may, at the
time any income or other tax withholding obligation arises with respect to this Restricted Stock
Unit Award, whether at vesting, Settlement, or other event, demand the appropriate amount of
withholding tax from Employee. At Settlement, the Company will withhold from any shares
deliverable with respect to the Restricted Stock Unit Award, in accordance with Section 11(d) of
the Plan, the number of shares having a value nearest to, but not exceeding, the minimum 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;
provided, however, that the Company will not require such share withholding if and to the extent
that Employee has made arrangements, at least 90 days before the date any such withholding would
apply, to provide for payment of such taxes and such arrangements are satisfactory to the Company.
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 Settlement.

     9. 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 Restricted Stock Units, and
supersedes any prior agreements or documents with respect thereto. No amendment or

4

 

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 Restricted Stock Units shall be
valid unless expressed in a written instrument executed by Employee.

     (b) No Promise of Employment. The Restricted Stock 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 governing law provision of Section 11(k) of the Plan applies to
this Agreement.

     (d) Legal Compliance. The Company may postpone the time of issuance or delivery of
certificates of its Stock or payment of other benefits under this Restricted Stock Unit if
the Company reasonably anticipates that the delivery of such Stock or payment of other
benefits would violate any federal or state law, rule or regulation and may require any
Employee to make such representations, furnish such information and comply with or be
subject to such other conditions as it may consider appropriate in connection with the
issuance or delivery of Stock or payment of other benefits in compliance with applicable
laws, rules, and regulations , provided however that delivery of certificates of Stock or
payment of other benefits shall be made at the earliest date at which the Company reasonably
anticipates that such delivery of Stock or payment of other benefits will not cause a
violation of the applicable laws, rules and regulations.

If Employee fails to accept delivery of the shares of Stock upon tender of delivery thereof,
his or her right with respect to such undelivered shares of Stock may be terminated in the
Company’s discretion, or terminated in accordance with applicable law.

     (e) 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 General Counsel
or any other officer or agent (including any third-party administrator) as the Company may
designate, 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.

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IN WITNESS WHEREOF, BOWNE & CO., INC. has caused this Agreement to be executed on its behalf by an
officer of the Company thereunto duly authorized and Employee has accepted the terms of this
Agreement, both as of the date of grant.

	 	 	 	 	 	 	 
	 	 	BOWNE & CO., INC.
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	 
	 	 	David J. Shea
	 
	 	 	 	 	 	 
	 	 	Participant:
	 
	 	 	 	 	 	 
	 	 	Name: «Name»
	 

	 	 	 	 

	 
	 	 	 	 	 	 
	 	 	Signature:	 	 
	 

	 	 	 	 

6EX-10.16

Exhibit 10.16

LONG-TERM EQUITY INCENTIVE AWARD AGREEMENT

AMENDED LONG-TERM EQUITY INCENTIVE AWARD AGREEMENT — 2008

pursuant to the

BOWNE & CO., INC.

1999 INCENTIVE COMPENSATION PLAN AS AMENDED AND RESTATED EFFECTIVE AS

OF DECEMBER 31, 2008

* * * * * * *

	 	 	 
	Participant:

	 	«First» «Last»
	 
	 	 
	Date of Grant:

	 	«Award_Date»
	 
	 	 
	Number of Restricted Stock Units granted:       «Shares»

This Long-Term Equity Incentive Award Agreement (this “Agreement”) is made as of the Date of Grant
set forth above by and between Bowne & Co., Inc., a Delaware corporation (the “Company”), and the
individual whose name is set forth above (“Participant”), whose address is in care of Bowne & Co.,
Inc., pursuant to the Company’s 1999 Incentive Compensation Plan, as amended and restated effective
as of December 31, 2008 (the “Plan”). The terms of the Plan are incorporated herein by reference,
and terms defined in the Plan have the same meanings in this Agreement unless the context otherwise
requires. This Agreement is subject in all respects to the terms and provisions of the Plan
(including, without limitation, any amendments thereto adopted at any time and from time to time
unless such amendments are expressly intended not to apply to the award provided hereunder).
Participant hereby acknowledges receipt of a true copy of the Plan that Participant has read the
Plan carefully and fully understands its content, and hereby agrees to be bound by all the terms
and provisions thereof. In the event of a conflict between the terms of this Agreement and the
terms of the Plan, the terms of the Plan shall control.

1. Grant of Restricted Stock Units. The Company hereby grants to the Participant, as of the Date
of Grant specified above, the number of Restricted Stock Units specified above (the “Target Award”)
with respect to the Common Stock of the Company (“Common Stock”). Subject to the terms and
conditions herein set forth, these Restricted Stock Units represent contingent commitments by the
Company to issue and deliver (hereafter referred to as “conversion”) to Participant, in recognition
of Participant’s continued service to the Company and at no cost to Participant, shares of Common
Stock at a future date. This Agreement does not entitle
Participant to any payment of cash compensation.

The Participant agrees and understands that nothing contained in this Agreement provides, or is
intended to provide, the Participant with any protection against potential future dilution of the
Participant’s interest in the Company for any reason, except as specified in paragraph 9 of this
Agreement. The Participant shall not have the rights of a stockholder in respect of the shares of
Common Stock underlying this Award until such Common Stock is delivered to the Participant in
accordance with paragraph 4 below.

2. Performance Conditions. The Restricted Stock Units are subject to the following performance

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LONG-TERM EQUITY INCENTIVE AWARD AGREEMENT

conditions:

(a) Performance Period. Subject to the provisions of paragraph (b), the Performance Period
shall be the calendar year period 2008.

(b) Relative Performance. The number of shares of Common Stock which Participant will be
entitled to receive from the Company upon conversion pursuant to this Agreement following the
completion of the Performance Period is directly related to the actual level of performance
achieved during such period, defined as Threshold, Target or Maximum.

(c) Performance Criteria. The Committee shall employ such criteria for evaluating the
performance of the Participant, the Company, or a division or operation of the Company, over the
Performance Period as the Committee shall in its discretion deem appropriate in determining whether
and to what extent the Threshold, Target or Maximum Award shall be deemed achieved (the
“Performance Criteria”). These criteria are communicated to Participant in a Performance Chart in
Appendix A, accompanying and made a part of this Agreement.

(d) Determination of Final Awards. Within ninety (90) days following the completion of the
Performance Period, the Committee shall assess the relative achievement of the Performance Criteria
and determine the percentage (not to exceed 200%), if any, of the Target Award to be awarded to
Participant (the number of full shares of Common Stock resulting from the application of such
percentage being hereinafter called the “Final Award”), provided that the Committee shall bear no
liability for any delay in such assessment. The Committee shall have no discretion to increase the
Final Award to be determined solely on the basis of the extent to which Performance Criteria were
achieved. Upon the determination of the Final Award, the Committee shall request the Company to
notify Participant of the number of shares of Common Stock to be issued (the “Notification Date”),
provided that the Committee and the Company shall bear no liability for any delay in such
notification.

3. Dividend Equivalent Rights. The Company shall maintain a bookkeeping account for Participant
(the “Distribution Equivalent Account”) for the purpose of crediting additional shares of Common
Stock attributable to the reinvestment of dividends on the Common Stock into which the Restricted
Stock Units subject to this Agreement may be converted, as if such dividends had been reinvested in
such Common Stock on date of such dividend payment. On the date of payment of a cash dividend,
stock dividend, and other distributions made generally to the holders of shares of Common Stock,
from the first day through the last day of the Performance Period, the Company shall credit to
Participant’s Distribution Equivalent Account an amount equal to (a) x (b), where (a) equals the
Target Award, and (b) equals the dollar amount of such distribution.

The Final Award shall include the number of shares of Common Stock in the Distribution Equivalent
Account prorated to the extent to which Performance Criteria were achieved, as
determined by the Committee in paragraph 2(d) above.

The shares of Common Stock credited to Participant’s Distribution Equivalent Account shall also be
subject to the same forfeiture restrictions and restrictions on transferability as apply to the
shares of Common Stock into which the Restricted Stock Units subject to this Agreement may be
converted.

4. Delivery of Common Stock. Subject to the terms of the Plan upon the determination of the Final
Award in paragraph 2(d) above, following the Notification Date, the Company shall

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LONG-TERM EQUITY INCENTIVE AWARD AGREEMENT

distribute to
Participant the number of shares of Common Stock comprising the Final Award, but in no event shall
such payment occur after the end of the calendar year following the calendar year in which the
Performance Period ends. In connection with the delivery of the shares of Common Stock pursuant to
this Agreement, Participant agrees to execute any documents reasonably requested by the Company.

5. Non-Transferability. The Restricted Stock Units created by this Agreement are not transferable
by Participant other than by will or the laws of descent and distribution. Any attempt to transfer
contrary to the provisions hereof shall be null and void.

6. Termination of Employment.

(a) Forfeiture of All Rights. If Participant’s employment with the Company terminates for
any reason other than death, Disability or Retirement prior to the Notification Date, the
Restricted Stock Units subject to this Agreement shall immediately be cancelled and this Agreement
shall become null and void and Participant and Participant’s beneficiary shall forfeit all rights
or interests in and with respect to the Restricted Stock Units or the Common Shares referred to in
this Agreement. The Board or the Committee, in its sole discretion, may determine, not later than
ninety (90) days after the date of any such termination, that all or a portion of any the
Participant’s unvested Restricted Stock Units shall not be so cancelled and forfeited after a
termination of employment occurs, but shall bear no liability for any delay in such determination.
In the event the Restricted Stock Units are not forfeited, the Company shall distribute to
Participant in the calendar year following the termination of employment the number of shares of
Common Stock comprising the Final Award, calculated in accordance with Section 6(b), below.

(b) Forfeiture of Pro-Rated Rights. If the Participant’s employment with the Company
terminates due to the Participant’s death, Disability, Retirement or termination under Section 6(a)
above, Participant or Participant’s beneficiary, as the case may be, will be entitled to receive a
pro-rata portion of the unforfeited portion of the Final Award, issued to the Participant in the
calendar year following the end of the calendar year in which such termination occurs. The pro-rata
number of shares of Common Stock to be delivered to Participant will be calculated as (a) x
(b)/(c), where (a) equals the number of shares that would have comprised the Final Award had the
last day of the final year of Participant’s employment been the last day of the Performance Period,
(b) equals the number of days from January 1, 2008 to Participant’s last date of common law
employment with the Company prior to such Disability, Retirement, death or other termination of
employment, and (c) equals 365 (three hundred sixty-five).

(c) Additional Forfeiture Provisions. The Restricted Stock Units subject to this Agreement
are subject to the additional forfeiture conditions imposed under Section 10 of the Plan in the
event that the Employee incurs a Forfeiture Event.

(d) Immediate Vesting of All Rights.  In the event of a Change in Control of the Company,
the Participants will be entitled to receive all vested and non-vested portions of the Final Award
immediately. The number of shares of Common Stock to be delivered to the Participant will be equal
to the number of shares that would have comprised the Final Award had the last day of the final
year of the Participant’s employment been the last day of the Performance Period and the Target
level of achievement was attained.

(e) Definitions. For purposes of this Agreement, “Disability” means any condition that
results in the Participant: (1) being unable to engage in any substantial gainful activity by
reason of any medically determinable physical or mental impairment that can be expected to result
in death or

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LONG-TERM EQUITY INCENTIVE AWARD AGREEMENT

can be expected to last for a continuous period of not less than 12 months; (2) by
reason of any medically determinable physical or mental impairment that can be expected to result
in death or can be expected to last for a continuous period of not less than 12 months, receiving
income replacement benefits for a period of not less than three months under an accident and health
plan covering employees of the Company; or (3) being determined to be totally disabled by the
Social Security Administration or Railroad Retirement Board.

For purposes of this Agreement, “Change in Control” shall have the same definition as contained in
the Company’s 1999 Incentive Compensation Plan, as amended and restated effective as of December
31, 2008, in accordance with Section 409A of the Code.

For purposes of this Agreement, “Retirement” shall mean the Participant’s separation from service
on a date which is after both (i) the Participant’s 55th birthday, and (ii) the
completion of five (5) years of service with the Company.

7. Designation of Beneficiary. Participant may file with the Company a written designation of a
person or person as the beneficiary or beneficiaries hereunder (the “Beneficiary”) and may from
time to time revoke or change any such designation. Any designation of Beneficiary shall be
controlling over any other disposition, testamentary or otherwise; provided, however, that if the
Committee shall be in doubt as to the entitlement of any such Beneficiary to any rights hereunder,
the Committee may determine to recognize only the legal representative of Participant, in which
case the Company, the Committee and the members thereof shall not be under any further liability to
anyone.

8. Withholding of Income and Other Taxes. Participant hereby agrees to be wholly and solely liable
for the payment of any withholding taxes, FICA/Medicare contributions, or payroll or similar taxes
under any federal, state or local statute, ordinance, rule or regulation (collectively,
“Withholding Taxes”) applicable to compensation payable under this Agreement. As a condition
precedent to the issuance and delivery of certificates for shares of Common Stock hereunder,
appropriate arrangements to the satisfaction of the Company shall be made with respect to any
Withholding Taxes. The Company may, at its sole discretion, deduct the Withholding Taxes from
Participant’s other payments of compensation during or following the pay period on which any such
applicable tax liability arises. The Committee may, in its sole discretion, permit Participant,
subject to such conditions as the Committee may require, to elect to have the Company withhold the
issuance and delivery of that number of shares having a value nearest to, but not exceeding, the
minimum 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.

9. Adjustments in the Event of Change in Common Stock. In the event of any change in the Common
Stock by reason of any stock dividend, recapitalization, reorganization, merger, consolidation,
split-up, combination or exchange of shares, or rights offering to purchase shares of Common Stock
at a price substantially below fair market value, or of any similar change affecting the Common
Stock, the number and kind of shares of Common Stock to which this Agreement relates shall be
appropriately adjusted consistent with such change in such manner as the Committee may deem
equitable to prevent substantial dilution or enlargement of the value of the rights granted to
Participant hereunder. Any adjustment so made shall be final and binding upon Participant, any
Beneficiary, or any other party enforcing the rights of Participant.

10. Legal Compliance. The Company may postpone the time of issuance or delivery of certificates of
its Common Stock or payment of other benefits under this Restricted Stock Unit if

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LONG-TERM EQUITY INCENTIVE AWARD AGREEMENT

the Company
reasonably anticipates that the delivery of such Common Stock or payment of other benefits would
violate any federal or state law, rule or regulation and may require any Participant to make such
representations, furnish such information and comply with or be subject to such other conditions as
it may consider appropriate in connection with the issuance or delivery of Common Stock or payment
of other benefits in compliance with applicable laws, rules, and regulations, provided however that
delivery of certificates of Common Stock or payment of other benefits shall be made at the earliest
date at which the Company reasonably anticipates that such delivery of Common Stock or payment of
other benefits will not cause a violation of the applicable laws, rules and regulations.

If Participant fails to accept delivery of the shares of Common Stock upon tender of delivery
thereof, his or her right with respect to such undelivered shares of Common Stock may be terminated
in the Company’s discretion, or terminated in accordance with applicable law.

11. Miscellaneous Provisions.

(a) Effect on Other Employee Benefit Plans. The value of the Restricted Stock Units granted
pursuant to this Agreement and the value of shares of Common Stock issued and delivered hereunder
will not be included as compensation, earnings, salary or other similar terms used when calculating
Participant’s benefits under any employee benefit plan sponsored by the Company (or any
Subsidiary), except as such plan may otherwise expressly provide.

(b) No Employment Rights. The award of Restricted Stock Units granted pursuant to this
Agreement does not give Participant any right to remain employed by the Company (or any
subsidiary).

(c) Entire Agreement; Amendment. This Agreement contains the entire agreement between the
parties hereto with respect to the subject matter contained herein, and supersedes all prior
agreements or prior understandings, whether written or oral, between the parties relating to such
subject matter. This Agreement may only be modified or amended by a writing signed by both the
Company and Participant.

(d) Governing Law. This Agreement shall be governed by and construed in accordance with
the laws of the State of New York, without reference to the principles of conflict of laws thereof.

(e) Notices. Any notice which may be required or permitted under this Agreement shall be
in writing and shall be delivered in person, or via facsimile transmission, overnight courier
service or certified mail, return receipt requested, postage prepaid, properly addressed as
follows:

          If such notice is to the Company, to the attention of the Corporate Secretary of Bowne & Co.,
Inc., 55 Water Street, New York, NY 10041, or at such other address as the Company, by notice to
the Participant, shall designate in writing from time to time.

          If such notice is to Participant, at his or her address as shown on the Company’s records, or
at such other address as Participant, by notice to the Company, shall designate in writing from
time to time.

(f) Compliance with Laws. The issuance of the shares of Common Stock pursuant to this
Agreement shall be subject to, and shall comply with, any applicable requirements of any federal
and state securities laws, rules and regulations (including, without limitation, the provisions of
the Securities Act of 1933, or the Securities Exchange Act of 1934, and any rules and regulations

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LONG-TERM EQUITY INCENTIVE AWARD AGREEMENT

promulgated thereunder) and any other law or regulation applicable thereto. The Company shall not
be obligated to issue any of shares of Common Stock pursuant to this Agreement if such issuance
would violate any such requirements.

(g) Binding Agreement; Assignment. This Agreement shall inure to the benefit of, be
binding upon, and be enforceable by the Company and its successors and assigns. Participant shall
not assign any part of this Agreement without the prior express written consent of the Company in
its discretion.

(h) Counterparts. This Agreement may be executed in one or more counterparts, each of
which shall be deemed to be an original, but all of which shall constitute one and the same
instrument.

(i) Headings. The titles and headings of the various paragraphs of this Agreement have
been inserted for convenience of reference only and shall not be deemed to be a part of this
Agreement.

(j) Further Assurances. Each party hereto shall do and perform (or shall cause to be done
and performed) all such further acts and shall execute and deliver all such other agreements,
certificates, instruments and documents as any other party hereto reasonably may request in order
to carry out the intent and accomplish the purposes of this Agreement and the Plan and the
consummation of the transactions contemplated there under.

(k) Severability. The invalidity or unenforceability of any provisions of this Agreement
in any jurisdiction shall not affect the validity, legality or enforceability of the remainder of
this Agreement in such jurisdiction or the validity, legality or enforceability of any provision of
this Agreement in any other jurisdiction, it being intended that all rights and obligations of the
parties hereunder shall be enforceable to the fullest extent permitted by law.

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LONG-TERM EQUITY INCENTIVE AWARD AGREEMENT

IN WITNESS WHEREOF, BOWNE & CO., INC. has caused this Agreement to be executed on its behalf by an
officer of the Company thereunto duly authorized and Participant has accepted the terms of this
Agreement, both as of the date of grant.

	 	 	 	 	 	 	 	 
	 	 	BOWNE & CO., INC.	
	 
	 	 	 	 	 	 	
	 

	 	By:	 	 	 	 	
	 
	 	 	 	 	 	 	
	 	 	 	
	 	 	David J. Shea	
	 
	 	 	 	 	 	 	
	 	 	Participant:	
	 
	 	 	 	 	 	 	
	 	 	Name:	 	«First» «Last»	
	 
	 	 	 	 	 	 	
	 	 	Signature:	 	 	
	 

	 	 	 	 
	

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LONG-TERM EQUITY INCENTIVE AWARD AGREEMENT

Appendix A. Performance Chart

	 	•	 	For the 2008 Performance Period, performance for Plan purposes shall be evaluated with
respect to the financial performance of Bowne & Co. for that 1-year period of time, as
measured by the Company’s Return on Invested Capital (“ROIC”).
	 
	 	•	 	ROIC for the applicable 1-year period of time shall be calculated by the Company’s Chief
Financial Officer and approved by the Audit Committee of the Board of Directors. ROIC
above 16.0% will be reduced to 16.0%. The percent of RSUs to be issued to Participant as a
Final Award will then be determined from the table below. ROIC below 11.0% will result in
no payout to Participant.
	 
	 	•	 	If the calculated ROIC is other than 11.0%, 13.5%, or 16.0%, the percent of RSU to be
issued to Participant as a Final Award will be interpolated on a straight-line basis.

	 	 	 	 	 
	 	 	Applicable Percent Return on	 	Percent of RSUs to be Issued
	Level of Performance	 	Invested Capital	 	as Final Award
	Threshold
	 	11.0%
	 	50% of RSUs
	Target
	 	13.5%
	 	100% of RSUs
	Maximum
	 	16.0%
	 	200% of RSUs

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