Document:

FORM OF NOTICE AND STOCK OPTION AGREEMENT FOR NON-EMPLOYEE DIRECTORS

 Exhibit 10.358 
 THE CHARLES SCHWAB CORPORATION 
 [2004 STOCK INCENTIVE PLAN]

 NOTICE OF NON-EMPLOYEE DIRECTOR 
 DEFERRED COMPENSATION STOCK OPTION GRANT 
 You have been granted the
following option to purchase Common Stock of The Charles Schwab Corporation (“Schwab”) under the Charles Schwab Corporation [2004 Stock Incentive Plan] (the “Plan”): 

 

			
		
	Name of Recipient:	  	
		
	Total Number of Shares Granted:	  	
		
	Exercise Price per Share:	  	
		
	Grant Date:	  	
		
	Expiration Date:	  	
		
	Vesting Schedule:	  	 This option is fully vested and non-forfeitable at all times.

 You and Schwab agree that this option is granted under and governed by the terms and conditions of the
Plan, The Charles Schwab Corporation Directors’ Deferred Compensation Plan II and the Stock Option Agreement, which are made a part of this notice. Please review the Stock Option Agreement carefully, as it explains the terms and conditions of
this option. You agree that Schwab may deliver electronically all documents relating to the Plan or this option (including, without limitation, prospectuses required by the Securities and Exchange Commission) and all other documents that Schwab is
required to deliver to its stockholders. Unless you provide written objection to Schwab within 30 days of your receipt of this notice, you agree to all of the terms and conditions of this notice, the stock option agreement and the Plan. 

  
 1 

 THE CHARLES SCHWAB CORPORATION 

[2004 STOCK INCENTIVE PLAN] 
 NON-EMPLOYEE DIRECTOR 
 DEFERRED COMPENSATION STOCK OPTION AGREEMENT

  

			
		
	Tax Treatment	  	 This option is a non-qualified stock option and is not intended to qualify as an incentive stock option under federal tax laws.

		
	Vesting	  	 This option has been issued under the Plan pursuant to your deferral election under The Charles Schwab Corporation Directors’ Deferred Compensation Plan
II (the “Deferred Compensation Plan”) and is fully vested and non-forfeitable at all times.

		
	Exercise Procedures	  	 You or your representative may exercise this option by following the procedures prescribed by Schwab. If this option is being exercised by your
representative, your representative must furnish proof satisfactory to Schwab of your representative’s right to exercise this option. After completing the prescribed procedures, Schwab will cause to be issued the shares purchased, which will be
registered in the name of the person exercising this option.

		
	Forms of Payment	  	 When you submit your notice of exercise, you must pay the option exercise price for the shares you are purchasing. Payment may be made in one of the following
forms:

		
		  	 •     Cash in your Schwab brokerage account in an amount
sufficient to cover the option exercise price of the shares and the required tax withholding (this exercise method is sometimes referred to as “Exercise and Hold”).

 
 •     Shares
of Schwab stock that are surrendered to Schwab. These shares will be valued at their fair market value on the date when the new shares are purchased. (This exercise method is sometimes referred to as a “Stock Swap.”)

 
 •     By
delivery (in a manner prescribed by Schwab) of an irrevocable direction to Charles Schwab & Co., Inc. to sell shares of Schwab stock (including shares to be issued upon exercise of this option) and to deliver all or part of the sale proceeds to
Schwab in payment of all or part of the exercise price. (This exercise method is sometimes referred to as “Exercise and Sell” or “Sell to Cover.”)

		
	Term	  	 This option expires no later than the 10th anniversary of the Grant Date but may expire earlier upon your termination of service, as described
below.

  
 1 

			
		
	Termination of Service as a Non-Employee Director	  	 This option will expire on the date three months following the date of your termination of service as a non-employee
director if such service terminates for any reason other than on account of becoming a common-law employee of Schwab or its subsidiaries, death, disability or retirement. The terms “disability” and “retirement” are defined
below.
  
 If you become an employee of Schwab
or its subsidiaries, this option will expire on the date three months following the date you cease to be an employee of Schwab and its subsidiaries (other than by reason of disability, death or retirement). If you cease to be a non-employee director
or an employee of Schwab and its subsidiaries by reason of your disability or death, then this option will expire on the first anniversary of the date of your death or disability.

 
 If you cease to be a non-employee director by reason of
your retirement, then this option will expire on the 10th anniversary of the Grant Date.

		
	Definition of Disability	  	 For all purposes of this Agreement, “disability” means that you are unable to engage in any substantial gainful activity by reason of
any medically determinable physical or mental impairment which has lasted, or can be expected to last, for a continuous period of not less than 12 months or which can be expected to result in death as determined by Schwab in its sole
discretion.

		
	Definition of Retirement	  	 For all purposes of this Agreement, “retirement” means your resignation or removal from the Board at any time after you have attained
age 70 or completed 5 years of service as a non-employee director.

		
	Restrictions on Exercise and Issuance or Transfer of Shares	  	You cannot exercise this option and no shares of Schwab stock may be issued under this option if the issuance of shares at that time would violate any applicable law, regulation
or rule. Schwab may impose restrictions upon the sale, pledge or other transfer of shares (including the placement of appropriate legends on stock certificates) if, in the judgment of Schwab and its counsel, such restrictions are necessary or
desirable to comply with applicable law, regulations or rules.
		
	Stockholder Rights	  	You, or your estate or heirs, have no rights as a stockholder of Schwab until you have exercised this option by giving the required notice to the Company and paying the exercise
price. No adjustments are made for dividends or other rights if the applicable record date occurs before you exercise this option, except as described in the Plan.
		
	No Right to Remain Director or Employee	  	Nothing in this Agreement will be construed as giving you the right to be retained as a director or an employee of Schwab and its subsidiaries.

  
 2 

			
		
	Transfer of Option	  	 In general, only you may exercise this option prior to your death. You may not transfer or assign this option, except as provided
below. For instance, you may not sell this option or use it as security for a loan. If you attempt to do any of these things, this option will immediately become invalid.

 
 You may dispose of this option in your will or in a beneficiary designation. You may
designate one or more beneficiaries by filing a beneficiary designation form. You may change your beneficiary designation by filing a new form with Schwab at any time prior to your death. If you do not designate a beneficiary or if your designated
beneficiary predeceases you, then your options will be exercisable by your estate.
  
 Schwab may, in its sole discretion, allow you to transfer this option under a domestic relations order in settlement of marital or domestic property rights.

 
 In order to transfer this option, you and the transferee(s) must execute the forms
prescribed by Schwab, which include the consent of the transferee(s) to be bound by this Agreement.

		
	Plan Administration	  	The Plan Administrator has discretionary authority to make all determinations related to this grant and to construe the terms of the Plan and this Agreement. The Plan
Administrator’s determinations are conclusive and binding on all persons, and they are entitled to deference upon any review.
		
	Adjustments	  	In the event of a stock split, a stock dividend or a similar change in Schwab stock, the Compensation Committee shall adjust the number of shares covered by this option and the
exercise price per share.
		
	Severability	  	In the event that any provision of this Agreement is held invalid or unenforceable, the provision will be severable from, and such invalidity or unenforceability will not be
construed to have any effect on, the remaining provisions of this Agreement.
		
	Applicable Law	  	This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to their choice-of-law provisions), as such laws are applied to contracts
entered into and performed in Delaware.
		
	The Plan and Other Agreements	  	The text of the Plan is incorporated in this Agreement by reference. This Agreement and the Plan constitute the entire understanding between you and Schwab regarding this option.
Any prior agreements, commitments or negotiations concerning this option are superseded. This Agreement may be amended only by another written agreement, signed by both parties. If there is any inconsistency or conflict between any provision of this
Agreement and the Plan, the terms of the Plan will control.

  
 3 

 BY ACCEPTING THIS OPTION GRANT, 

YOU AGREE TO ALL OF THE TERMS AND CONDITIONS 
 DESCRIBED ABOVE AND IN THE PLANS. 

  
 4FORM OF NOTICE AND RESTRICTED STOCK UNIT AGREEMENT FOR NON-EMPLOYEE DIRECTORS

 Exhibit 10.359 
 THE CHARLES SCHWAB CORPORATION 
 [2004 STOCK INCENTIVE PLAN]

 NOTICE OF NON-EMPLOYEE DIRECTOR 
 DEFERRED COMPENSATION RESTRICTED STOCK UNIT GRANT 
 You have been granted
Restricted Stock Units. A Restricted Stock Unit represents the right to receive, subject to certain conditions, a share of Common Stock of The Charles Schwab Corporation (“Schwab”), under The Charles Schwab Corporation [2004 Stock
Incentive Plan] (the “Plan”). Your Restricted Stock Units are granted subject to the following terms: 
  

			
		
	Name of Recipient:	  	
		
	Total Number of Restricted Stock Units Granted:	  	
		
	Grant Date:	  	
		
	Vesting Schedule:	  	 These Restricted Stock Units are fully vested and non-forfeitable at all times.

 You and Schwab agree that these units are granted under and governed by the terms and conditions of the
Plan, The Charles Schwab Corporation Directors’ Deferred Compensation Plan II and the Restricted Stock Unit Agreement, which are made a part of this notice. Please review the Restricted Stock Unit Agreement carefully, as it explains the terms
and conditions of these units. You agree that Schwab may deliver electronically all documents relating to the Plan or these units (including, without limitation, prospectuses required by the Securities and Exchange Commission) and all other
documents that Schwab is required to deliver to its stockholders. Unless you provide written objection to Schwab within 30 days of your receipt of this notice, you agree to all of the terms and conditions of this notice, the restricted stock unit
agreement and the Plan. 

  
 1 

 THE CHARLES SCHWAB CORPORATION 

[2004 STOCK INCENTIVE PLAN] 
 NON-EMPLOYEE DIRECTOR 
 DEFERRED COMPENSATION RESTRICTED STOCK UNIT
AGREEMENT 
  

			
		
	Vesting	  	 These restricted stock units have been issued under the Plan pursuant to your deferral election under The Charles Schwab Corporation Directors’ Deferred
Compensation Plan II (the “Deferred Compensation Plan”) and are fully vested and non-forfeitable at all times.

		
	Nature of Units	  	 Your units are mere bookkeeping entries. They represent only Schwab’s unfunded and unsecured promise to issue shares of Schwab Common Stock on a future
date. As a holder of units, you have no rights other than the rights of a general creditor of Schwab.

		
	Voting Rights and Dividend Rights	  	 Your units carry no voting rights. Any dividends paid on shares of Schwab Common Stock shall be credited to you as additional Restricted Stock Units.
Otherwise, you have no rights as a Schwab stockholder until your units are settled by issuing shares of Schwab Common Stock.

		
	Settlement of Units	  	 Your units will be settled in accordance with the terms of the Deferred Compensation Plan. At the time of settlement, you will receive one share of
Schwab’s Common Stock for each unit.

		
	Other Terms and Conditions	  	 Your units will be governed by all of the applicable terms and conditions of the Deferred Compensation Plan, which are made part of this
Agreement.

		
	Restrictions on Restricted Stock Units	  	 You may not sell, transfer, pledge or otherwise dispose of any Restricted Stock Units. Schwab will deliver Shares to
you in accordance with the terms of the Deferred Compensation Plan.
  
 Schwab may, in its sole discretion, allow you to transfer these Restricted Stock Units under a domestic relations order in settlement of marital or domestic property rights.

 
 In order to transfer these Restricted Stock Units, you
and the transferee(s) must execute the forms prescribed by Schwab, which include the consent of the transferee(s) to be bound by this Agreement.

  
 1 

			
	Delivery of Shares After Death	  	 In the event that Shares are distributable upon your death, the Shares will be delivered to your beneficiary or beneficiaries. You may designate one or more
beneficiaries by filing a beneficiary designation form. You may change your beneficiary designation by filing a new form with Schwab at any time prior to your death. If you do not designate a beneficiary or if your designated beneficiary predeceases
you, then your Shares will be delivered to your estate.

		
	Restrictions on Resale	  	 You agree not to sell any shares at a time when applicable laws, Schwab policies or an agreement between Schwab and its underwriters prohibit a sale. This
restriction will apply as long as your service continues and for such period of time after the termination of your service as Schwab may specify.

		
	Plan Administration	  	 The Plan Administrator has discretionary authority to make all determinations related to this grant and to construe the terms of the Plan, the Notice of
Non-Employee Director Deferred Compensation Restricted Stock Unit Grant and this Agreement. The Plan Administrator’s determinations are conclusive and binding on all persons, and they are entitled to deference upon any
review.

		
	Adjustments	  	 In the event of a stock split, a stock dividend or a similar change in Schwab stock, the number of your units will be adjusted accordingly, as Schwab may
determine pursuant to the Plan.

		
	The Plan and Other Agreements	  	 The text of the Plan and the Deferred Compensation Plan (the “Plans”) are incorporated in this Agreement by reference. This Agreement and the Plans
constitute the entire understanding between you and Schwab regarding these units. Any prior agreements, commitments or negotiations concerning these units are superseded. This Agreement may be amended only by another written agreement, signed by
both parties. If there is any inconsistency or conflict between any provision of this Agreement and the Plans, the terms of the Plans will control.

 BY ACCEPTING THIS GRANT, 
 YOU AGREE TO ALL OF THE TERMS AND CONDITIONS 
 DESCRIBED ABOVE AND IN THE
PLANS. 

  
 2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00212-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00212-of-00352.parquet"}]]