Document:

Non-Employee Director Restricted Stock Agreement

 Exhibit 10.44 
  
 LANDAMERICA FINANCIAL GROUP, INC. 
  
 NON-EMPLOYEE DIRECTOR RESTRICTED STOCK AGREEMENT 
  
 THIS RESTRICTED STOCK AGREEMENT, dated as of this 27th day of May, 2004, between LandAmerica Financial Group, Inc., a
Virginia corporation (“the Company”) and                      (the “Director”), is made pursuant and subject to the
provisions of the Company’s 2000 Stock Incentive Plan, as amended, and any future amendments thereto (the “Plan”). The Plan, as it may be amended from time to time, is incorporated herein by reference. All terms used herein that are
defined in the Plan shall have the same meanings given them in the Plan. 
  
 1. Award of Restricted Stock. Subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, the Company on this date awards to the Director 1,000 shares of
Restricted Stock. 
  
 2. Terms and Conditions. This award
of Restricted Stock is subject to the following terms and conditions: 
  
 A. Restricted Period. This award of Restricted Stock shall be subject to the restrictions set forth herein for a period (the “Restricted Period”) commencing on the date of this Agreement and ending with the earliest of the
following events: 
  

	 	(1)	The expiration of ten years from the date hereof; 

  

	 	(2)	the Director retires from the Board in compliance with the Board’s retirement policy as then in effect; 

  

	 	(3)	the Director’s service on the Board terminates as a result of not being nominated for reelection by the Board (other than at the Director’s request);

  

	 	(4)	the Director’s service on the Board terminates because the Director, although nominated for reelection by the Board, is not reelected by the Company’s shareholders;

  

	 	(5)	Director’s service on the Board terminates as a result of Director’s Disability (as defined below); 

  

	 	(6)	the Director dies; or 

  

	 	(7)	the occurrence of a Change of Control. 

  
 A Director shall be deemed “Disabled” if the Director is unable to perform his or her customary duties on the Board for a period of six months
or longer due to bodily injury or disease. 

 B. Forfeiture of Restricted Stock. If the date a Director’s service on the Board terminates
(“Termination Date”) is before the end of the Restricted Period, the Director shall forfeit and return to the Company the shares of Restricted Stock awarded hereunder. 
  
 C. Restrictions. The shares of Restricted Stock awarded hereunder and any stock distributions with respect to such
Restricted Stock shall be subject to the following restrictions during the Restricted Period: 
  

	 	(1)	the Restricted Stock shall be subject to forfeiture as provided herein; 

  

	 	(2)	the Restricted Stock may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of, and neither the right to receive the Restricted Stock nor any interest
hereunder may be assigned by the Director, and any attempted assignment shall be void; 

  

	 	(3)	A certificate representing the shares of Restricted Stock awarded hereunder shall be held in escrow by the Company and shall, in the Company’s sole discretion, bear an
appropriate restrictive legend and be subject to appropriate “stop transfer” orders. To facilitate the escrow of the shares of Restricted Stock awarded hereunder with the Company, the Director shall deliver herewith the Stock Power
attached hereto as Exhibit I executed in blank by the Director and dated as of the date hereof; and 

  

	 	(4)	Any additional stock or other securities or property that may be issued or distributed with respect to the Restricted Stock awarded hereunder as a result of any stock dividend,
stock split, business combination or other event shall be subject to the restrictions and other terms and conditions set forth in this Agreement. 

  

D. Receipt of Common Stock. At or after the end of the Restricted Period, the Director shall receive the number of shares of restricted Common
Stock awarded hereunder, free and clear of the restrictions set forth in this Agreement, except for any restrictions necessary to comply with federal and state securities laws. Certificates representing such shares shall be released to the Director
as promptly as practical following the Director’s becoming entitled to receive such shares. 
  
 E. Shareholder Rights. Promptly following the award, the Company shall issue a certificate representing the shares of Restricted Stock
awarded hereunder. The Director shall, subject to the restrictions set forth herein, have all rights of a shareholder with respect to such shares of Restricted Stock, including the right to vote such shares and the right to receive cash dividends
and other distributions thereon. 
  

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 F. Tax. The Company shall make any required tax filings with the Internal Revenue Service and the
appropriate State taxing authorities, if any, in connection with the award of Restricted Stock hereunder. The Director is responsible for the payment of any taxes resulting from the award of Restricted Stock hereunder. 
  
 3. No Right to Renomination. Nothing in this Agreement shall confer
upon the Director any right to be renominated by the Board as a director of the Company. 
  
 4. Change of Control or Capital Structure. Subject to any required action by the shareholders of the Company, the number of shares of Restricted Stock covered by this award shall be proportionately adjusted and
the terms of the restrictions on such shares shall be adjusted as the Committee shall determine to be equitably required for any increase or decrease in the number of issued and outstanding shares of Common Stock of the Company resulting from any
stock dividend (but only on the Common Stock), stock split, subdivision, combination, reclassification, recapitalization or any change in the number of such shares outstanding effected without receipt of cash or property or labor or services by the
Company or for any spin-off, spin-out, split-up, split-off or other distribution of assets to shareholders. 
  
 In the event of a Change of Control, the provisions of Section 13.03 of the Plan shall apply to this award of Restricted Stock. In the event of a change
in the Common Stock of the Company as presently constituted, which is limited to a change in all of its authorized shares without par value into the same number of shares with par value, the shares resulting from any such change shall be deemed to
be the Common Stock within the meaning of the Plan. 
  
 The award
of Restricted Stock pursuant to the Plan shall not affect in any way the right or power of the Company to make adjustments, reclassifications, reorganizations or changes of its capital or business structure or to merge or to consolidate or to
dissolve, liquidate or sell, or transfer all or any part of its business or assets. 
  
 5. Governing Law. This Agreement shall be governed by and construed and enforced in accordance with the laws of the Commonwealth of Virginia, except to the extent that federal law shall be deemed to apply.

  
 6. Conflicts. In the event of any conflict between the
provisions of the Plan and the provisions of this Agreement, the provisions of the Plan shall govern. 
  
 7. Director Bound by Plan. The Director hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions
thereof. 
  
 8. Binding Effect. Subject to the limitations
stated herein and in the Plan, this Agreement shall be binding upon and inure to the benefit of the legatees, distributees and personal representatives of the Director and the successors of the Company. 
  

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 9. Counterparts. This Agreement may be signed in any number of counterparts, each of which
shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 
  
 IN WITNESS WHEREOF, the Company has caused this Agreement to be signed by a duly authorized officer, and the Director has affixed his or her signature
hereto. 
  

	
	LANDAMERICA FINANCIAL GROUP, INC.
	
	  

 Charles H.
Foster, Jr.

	Chairman and Chief Executive Officer
	
	 DIRECTOR
  
  

  

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 Exhibit I 
  
 STOCK POWER 
  
 FOR VALUE RECEIVED, pursuant to a certain Restricted Stock Agreement between LandAmerica Financial Group, Inc. and the undersigned dated May 27,
2004, I hereby sell, assign and transfer unto LandAmerica Financial Group, Inc. all shares of the restricted Common Stock of LandAmerica Financial Group, Inc. awarded to me on this date and in the future under said Agreement and do hereby
irrevocably constitute and appoint the Secretary of LandAmerica Financial Group, Inc. as my attorney-in-fact to transfer the said shares of stock on the books of LandAmerica Financial Group, Inc. with full power of substitution in the premises.

  
 Dated
                 , 20    . 
  

	
	  

 Director

 LANDAMERICA FINANCIAL GROUP, INC. 
 Schedule 
 to 
 Non-Employee Director Restricted Stock Agreement 
  
 Names of Grantees 
 Michael Dinkins 
 John P. McCann 
 Robert F. Norfleet 
 Robert T. Skunda 
 Julious P. Smith, Jr. 
 Thomas G.
Snead, Jr. 
 Eugene P. Trani 
 Marshall B. Wishnack 

 

 32005 Restricted Stock Agreement

 Exhibit 10.45 
  
 LANDAMERICA FINANCIAL GROUP, INC. 
  
 2005 RESTRICTED STOCK AGREEMENT 
  
 THIS RESTRICTED STOCK AGREEMENT, dated as of this 28th day of February, 2005, between LandAmerica Financial Group, Inc., a
Virginia corporation (“the Company”) and                      (the “Officer”), is made pursuant and subject to the
provisions of the Company’s 2000 Stock Incentive Plan, as amended, and any future amendments thereto (the “Plan”). The Plan, as it may be amended from time to time, is incorporated herein by reference. All terms used herein that are
defined in the Plan shall have the same meanings given them in the Plan. 
  
 1. Award of Restricted Stock. Subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, the Company on this date awards to the Officer
                     shares of Common Stock of the Company (the “Restricted Stock”). 
  
 2. Terms and Conditions. The award of Restricted Stock hereunder is
subject to the following terms and conditions: 
  
 (a)
Restricted Period. Except as provided in paragraph 3, this award of Restricted Stock shall vest, and become nonforfeitable with the schedule set forth below: 
  

				
	 Date

	  	 Percent of
 Award Vested

	 
	 February 28, 2006
	  	25	%
	 February 28, 2007
	  	50	%
	 February 28, 2008
	  	75	%
	 February 28, 2009
	  	100	%

  
 The period from the
date hereof until the shares of Restricted Stock have become 100% vested shall be referred to as the “Restricted Period.” 

 (b) Certificates Issued. The stock certificates evidencing the Restricted Stock shall be
registered on the Company’s books in the name of the Officer as of the date hereof. Upon vesting of any part of the shares of Restricted Stock prior to any event of forfeiture under paragraph 3, by virtue of expiration of a Restriction Period
set forth above or under paragraph 3 of this Agreement, the Company shall cause a stock certificate, without such restricted stock legend, to be issued covering the requisite number of vested shares of the Company’s Common Stock, registered on
the Company’s books in the name of the Officer, within thirty (30) days after such vesting. Upon receipt of such stock certificate(s) without the restricted stock legend, the Officer is free to hold or dispose of such certificate, subject to
(1) the general conditions and procedures provided in the Plan and this Agreement and (2) the applicable restrictions and procedures of federal and state securities laws. During each applicable Restriction Period, the shares of Restricted Stock that
are not yet vested are not transferable by the Officer by means of sale, assignment, exchange, pledge or otherwise. 
  
 (c) Shareholder Rights. Prior to any forfeiture of the shares of Restricted Stock and while the shares are shares of Restricted Stock, the Officer
shall, subject to the restrictions of the Plan, have all rights of a shareholder with respect to the shares of Restricted Stock awarded hereunder, including the right to receive dividends, warrants and rights and to vote the shares; provided,
however, that (i) the Officer may not sell, transfer, pledge, exchange, hypothecate or otherwise dispose of Restricted Stock, (ii) the Company shall retain custody of the certificates evidencing shares of Restricted Stock, and (iii) the Officer will
deliver to the Company a stock power, endorsed in blank, with respect to each award of Restricted Stock. 
  

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 (d) Reservation of Rights. The Company reserves the right to retain physical possession and
custody of each said stock certificate until such time as the shares of Restricted Stock are vested (i.e., each applicable Restriction Period expires). The Company reserves the right to place a legend on each said stock certificate,
restricting the transferability of such certificate and referring to the terms and conditions (including forfeiture) provided in this Agreement. 
  
 (e) Tax Withholding. The Company shall have the right to retain and withhold from any award of the Restricted Stock, the amount of taxes required
by any government to be withheld or otherwise deducted and paid with respect to such award. At its discretion, the Company may require the Officer receiving shares of Restricted Stock to reimburse the Company for any such taxes required to be
withheld by the Company, and, withhold any distribution in whole or in part until the Company is so reimbursed. In lieu thereof, the Company shall have the unrestricted right to withhold, from any other cash amounts due (or to become due) from the
Company to the Officer, an amount equal to such taxes required to be withheld by the Company to reimburse the Company for any such taxes (or retain and withhold a number of shares of vested Restricted Stock, having a market value not less than the
amount of such taxes, and cancel in whole or in part any such shares so withheld, in order to reimburse the Company for any such taxes). 
  
 3. Death; Disability; Retirement; Termination of Employment. The shares of Restricted Stock not yet vested shall become 100% vested and
transferable in the event that the Officer dies or becomes permanently and totally disabled (within the meaning of Section 22(e)(3) of the Code) while employed by the Company or an Affiliate during the Restricted Period. In the event that the
Officer retires from employment with the Company during the Restricted Period, 

  

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but after age 58, or in any other circumstance approved by the Committee in its sole discretion, the shares of Restricted Stock shall become 100% vested and
transferable. In all events other than those previously addressed in this paragraph, if the Officer ceases to be an employee of the Company or an Affiliate, the Officer shall be vested only as to that percentage of shares of Restricted Stock which
are vested at the time of the termination of his employment and the Officer shall forfeit the right to the shares of Restricted Stock which are not yet vested. 
  

4. No Right to Continued Employment. This Agreement does not confer upon the Officer any right with respect to continuance of employment by the
Company or an Affiliate, nor shall it interfere in any way with the right of the Company or an Affiliate to terminate his or her employment at any time. 
  
 5. Change of Control or Capital Structure. Subject to any required action by the shareholders of the Company, the number of shares of Restricted
Stock covered by this award shall be proportionately adjusted and the terms of the restrictions on such shares shall be adjusted as the Committee shall determine to be equitably required for any increase or decrease in the number of issued and
outstanding shares of Common Stock of the Company resulting from any stock dividend (but only on the Common Stock), stock split, subdivision, combination, reclassification, recapitalization or general issuance to the holders of Common Stock of
rights to purchase Common Stock at substantially below its then fair market value or any change in the number of such shares outstanding effected without receipt of cash or property or labor or services by the Company or for any spin-off, spin-out,
split-up, split-off or other distribution of assets to shareholders. 
  

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 In the event of a Change of Control, the provisions of Section 13.03 of the Plan shall apply to this
award of Restricted Stock. In the event of a change in the Common Stock of the Company as presently constituted, which is limited to a change in all of its authorized shares without par value into the same number of shares with par value, the shares
resulting from any such change shall be deemed to be the Common Stock within the meaning of the Plan. 
  
 The award of Restricted Stock pursuant to the Plan shall not affect in any way the right or power of the Company to make adjustments, reclassifications,
reorganizations or changes of its capital or business structure or to merge or to consolidate or to dissolve, liquidate or sell, or transfer all or any part of its business or assets. 
  
 6. Governing Law. This Agreement shall be governed by and construed and enforced in accordance with the laws of the
Commonwealth of Virginia, except to the extent that federal law shall be deemed to apply. 
  
 7. Conflicts. In the event of any conflict between the provisions of the Plan and the provisions of this Agreement, the provisions of the Plan shall govern. 
  
 8. Officer Bound by Plan. The Officer hereby acknowledges receipt of a
copy of the Plan and agrees to be bound by all the terms and provisions thereof. 
  
 9. Binding Effect. Subject to the limitations stated herein and in the Plan, this Agreement shall be binding upon and inure to the benefit of the legatees, distributees and personal representatives of the
Officer and the successors of the Company. 
  

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 IN WITNESS WHEREOF, the Company has caused this Agreement to be signed by a duly authorized officer, and
the Officer has affixed his or her signature hereto. 
  

			
	LANDAMERICA FINANCIAL GROUP, INC.
		
	By:	 	  

	 	 	Theodore L. Chandler, Jr.
	 	 	President and Chief Executive Officer
	
	OFFICER
	
	  

 Participant

  

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 LANDAMERICA FINANCIAL GROUP, INC. 
 Schedule 
 to 
 2005 Restricted Stock Agreement 
  

			
	 Named Executive Officers

	  	Shares Awarded

	 Charles H. Foster, Jr.
	  	16,240
	 Theodore L. Chandler, Jr.
	  	11,600
	 G. William Evans
	  	6,960
	 Kenneth Astheimer
	  	1,682
	 Jeffrey C. Selby
	  	1,566

  

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