Document:

exv10w11

Exhibit 10.11

FINANCIAL ENGINES, INC.

2009 STOCK INCENTIVE PLAN

NOTICE OF STOCK OPTION GRANT

     You have been granted the following Option to purchase Common Stock of FINANCIAL ENGINES, INC.
(the “Company”) under the Company’s 2009 Stock Incentive Plan (the “Plan”):

	 	 	 
	Name of Optionee:

	 	[Name of Optionee]
	 
	 	 
	Total Number of Option Shares Granted:

	 	[Total Number of Shares]
	 
	 	 
	Type of Option:

	 	o Incentive Stock Option
	 
	 	 
	 

	 	o Non-Qualified Stock Option
	 
	 	 
	Exercise Price Per Share:

	 	$                                        
	 
	 	 
	Grant Date:

	 	[Date of Grant]
	 
	 	 
	Vesting Commencement Date:

	 	[Vesting Commencement Date]
	 
	 	 
	Vesting Schedule:

	 	This Option becomes exercisable
with respect to the first 1/4th of
the Shares subject to this Option
when you complete 12 months of
continuous Service as an Employee
or a Consultant from the Vesting
Commencement Date. Thereafter, this
Option becomes exercisable with
respect to an additional 1/48th of
the Shares subject to this Option
when you complete each additional
month of such Service. [See Exhibit
A to Notice of Stock Option Grant.]
[Exhibit A contains provisions for
Executives.]
	 
	 	 
	Expiration Date:

	 	[Expiration Date] This Option
expires earlier if your Service
terminates earlier, as described in
the Stock Option Agreement.

     By your signature and the signature of the Company’s representative below, you and the
Company agree that this Option is granted under and governed by the term and conditions of the Plan
and the Stock Option Agreement (the “Agreement”), both of which are attached to and made a part of
this document.

     By signing this document you further agree that the Company may deliver by e-mail all
documents relating to the Plan or this Award (including without limitation, prospectuses required
by the Securities and Exchange Commission) and all other documents that the Company is required to
deliver to its security holders (including without limitation, annual reports and proxy
statements). You also agree that the Company may deliver these documents by posting them on a
website maintained by the Company or by a third party under contract with the Company. If the
Company posts these documents on a website, it will notify you by e-mail.

	 	 	 	 	 
	OPTIONEE:	 	FINANCIAL ENGINES, INC.
	 
	 	 	 	 
	 
	 	 	 	 
	 

	 	By:	 	 
	 

	 	 	 	 
	Optionee’s Signature
	 	 	 	 

Financial Engines, Inc.

Notice of Stock Option Grant

- 1 -

 

	 	 	 	 	 
	 

	 	Title:	 	 
	 

	 	 	 	 
	Optionee’s Printed Name
	 	 	 	 

Financial Engines, Inc.

Notice of Stock Option Grant

- 2 -

 

FINANCIAL ENGINES, INC.

2009 STOCK INCENTIVE PLAN

STOCK OPTION AGREEMENT

	 	 	 	 	 	 	 
	Tax Treatment	 	This Option is intended to be an incentive stock option under Section 422 of the
Internal Revenue Code or a non-qualified option, as provided in the Notice of
Stock Option Grant. Even if this Option is designated as an incentive stock
option, it shall be deemed to be a non-qualified option to the extent required
by the $100,000 annual limitation under Section 422(d) of the Internal Revenue
Code.
	 
	 	 	 	 	 	 
	Vesting	 	This Option becomes exercisable in installments, as shown in the Notice of Stock
Option Grant. This Option will in no event become exercisable for additional
Shares after your Service as an Employee or a Consultant has terminated for any
reason.
	 
	 	 	 	 	 	 
	Term	 	This Option expires in any event at the close of business at Company
headquarters on the day before the 10th anniversary of the Grant Date, as shown
on the Notice of Stock Option Grant (fifth anniversary for a more than 10%
stockholder as provided under the Plan if this is an incentive stock option).
This Option may expire earlier if your Service terminates, as described below.
	 
	 	 	 	 	 	 
	Regular Termination	 	If your Service terminates for any reason except death or “Total and Permanent
Disability” (as defined in the Plan), then this Option will expire at the close
of business at Company headquarters on the date three (3) months after the date
your Service terminates (or, if earlier, the Expiration Date). The Company
determines when your Service terminates for this purpose and all purposes under
the Plan and its determinations are conclusive and binding on all persons.
	 
	 	 	 	 	 	 
	Death	 	If your Service terminates because of death, then this Option will expire at the
close of business at Company headquarters on the date 12 months after the date
your Service terminates (or, if earlier, the Expiration Date). During that
period of up to 12 months, your estate or heirs may exercise the Option.
	 
	 	 	 	 	 	 
	Disability	 	If your Service terminates because of your Total and Permanent Disability, then
this Option will expire at the close of business at Company headquarters on the
date 12 months after the date your Service terminates (or, if earlier, the
Expiration Date).
	 
	 	 	 	 	 	 
	Leaves of Absence	 	For purposes of this Option, your Service does not terminate when you go on a
military leave, a sick leave or another bona fide leave of absence, if the leave
was approved by the Company in writing and if continued crediting of Service is
required by the terms of the leave or by applicable law. But your Service
terminates when the approved leave ends, unless

Financial Engines, Inc.

Stock Option Agreement

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	 	 	you immediately return to active
work.
	 
	 	 	 	 	 	 
	Restrictions on 

Exercise	 	The Company will not permit you to exercise this Option if the issuance of
Shares at that time would violate any law or regulation. The inability of the
Company to obtain approval from any regulatory body having authority deemed by
the Company to be necessary to the lawful issuance and sale of the Company stock
pursuant to this Option shall relieve the Company of any liability with respect
to the non-issuance or sale of the Company stock as to which such approval shall
not have been obtained.
	 
	 	 	 	 	 	 
	Notice of Exercise	 	When you wish to exercise this Option you must provide a notice of exercise form
in accordance with such procedures as are established by the Company and
communicated to you from time to time. Any notice of exercise must specify how
many Shares you wish to purchase and how your Shares should be registered. The
notice of exercise will be effective when it is received by the Company. If
someone else wants to exercise this Option after your death, that person must
prove to the Company’s satisfaction that he or she is entitled to do so.
	 
	 	 	 	 	 	 
	Form of Payment	 	When you submit your notice of exercise, you must include payment of the Option
exercise price for the Shares you are purchasing. Payment may be made in the
following form(s):
	 
	 	 	 	 	 	 
	 

	 	•
	 	Your personal check, a cashier’s check or a money order.	 	 
	 
	 	 	 	 	 	 
	 

	 	•
	 	Certificates for Shares that you own, along with any forms
needed to effect a transfer of those Shares to the Company. The
value of the Shares, determined as of the effective date of the
Option exercise, will be applied to the Option exercise price.
Instead of surrendering Shares, you may attest to the ownership
of those Shares on a form provided by the Company and have the
same number of Shares subtracted from the Shares issued to you
upon exercise of the Option. However, you may not surrender or
attest to the ownership of Shares in payment of the exercise
price if your action would cause the Company to recognize a
compensation expense (or additional compensation expense) with
respect to this Option for financial reporting purposes.	 	 
	 
	 	 	 	 	 	 
	 

	 	•
	 	By delivery on a form approved by the Company of an irrevocable
direction to a securities broker approved by the Company to sell
all or part of the Shares that are issued to you when you
exercise this Option and to deliver to the Company from the sale
proceeds an amount sufficient to pay the Option exercise price
and any withholding taxes. The balance of the sale proceeds, if
any, will be delivered to you. The directions must be given by
providing a notice of exercise form approved by the Company.	 	 
	 
	 	 	 	 	 	 
	 

	 	•
	 	By delivery on a form approved by the Company of an irrevocable
direction to a securities broker or lender approved by the
Company to pledge Shares that are issued to you when you
exercise this Option as security for a loan and to deliver to
the Company from the loan	 	 

Financial Engines, Inc.

Stock Option Agreement

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	 	 	 	proceeds an amount sufficient to pay
the Option exercise price and any withholding taxes. The
directions must be given by providing a notice of exercise form
approved by the Company.	 	 
	 
	 	 	 	 	 	 
	 

	 	•
	 	Any other form permitted by the Committee in its sole discretion.	 	 
	 
	 	 	 	 	 	 
	 	 	Notwithstanding the foregoing, payment may not be made in any form that is
unlawful, as determined by the Committee in its sole discretion.
	 
	 	 	 	 	 	 
	Withholding Taxes
and Stock
Withholding	 	You will not be allowed to exercise this Option unless you make arrangements
acceptable to the Company to pay any withholding taxes that may be due as a
result of this Award or the Option exercise. These arrangements, at the sole
discretion of the Company, may include (a) having the Company withhold taxes
from the proceeds of the sale of the Shares, either through a voluntary sale or
through a mandatory sale arranged by the Company (on your behalf pursuant to
this authorization), (b) having the Company withhold Shares that otherwise would
be issued to you when you exercise this Option having a Fair Market Value equal
to the amount necessary to satisfy the minimum statutory withholding amount, or
(c) any other arrangement approved by the Company. The Fair Market Value of any
Shares withheld, determined as of the effective date of the Option exercise,
will be applied as a credit against the withholding taxes. You also authorize
the Company, or your actual employer, to satisfy all withholding obligations of
the Company or your actual employer with respect to this Award from your wages
or other cash compensation payable to you by the Company or your actual
employer.
	 
	 	 	 	 	 	 
	Restrictions on 

Resale	 	You agree not to sell any Shares at a time when applicable laws, Company
policies or an agreement between the Company 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 the Company may specify.
	 
	 	 	 	 	 	 
	Transfer of Option	 	In general, only you can exercise this Option prior to your death. You may not
sell, transfer, assign, pledge or otherwise dispose of this Option, other than
as designated by you by will or by the laws of descent and distribution, except
as provided below. For instance, you may not use this Option as security for a
loan. If you attempt to do any of these things, this Option will immediately
become invalid. You may in any event dispose of this Option in your will.
Regardless of any marital property settlement agreement, the Company is not
obligated to honor a notice of exercise from your former spouse, nor is the
Company obligated to recognize your former spouse’s interest in your Option in
any other way.
	 
	 	 	 	 	 	 
	Retention Rights	 	Neither your Option nor this Agreement gives you the right to be employed or
retained by the Company or a subsidiary of the Company in any capacity. The
Company and its subsidiaries reserve the right to terminate your Service at any
time, with or without cause.
	 
	 	 	 	 	 	 
	Stockholder	 	Your Options carry neither voting rights nor rights to dividends. You, or

Financial Engines, Inc.

Stock Option Agreement

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	Rights	 	your
estate or heirs, have no rights as a stockholder of the Company unless and until
you have exercised this Option by giving the required notice to the Company and
paying the exercise price. No adjustments will be made for dividends or other
rights if the applicable record date occurs before you exercise this Option,
except as described in the Plan.
	 
	 	 	 	 	 	 
	Adjustments	 	In the event of a stock split, a stock dividend or a similar change in Company
Shares, the number of Shares covered by this Option and the exercise price per
Share shall be adjusted pursuant to the Plan.
	 
	 	 	 	 	 	 
	Successors and
Assigns	 	Except as otherwise provided in the Plan or this Agreement, every term of this
Agreement shall be binding upon and inure to the benefit of the parties hereto
and their respective heirs, legatees, legal representatives, successors,
transferees and assigns.
	 
	 	 	 	 	 	 
	Notice	 	Any notice required or permitted under this Agreement shall be given in writing
and shall be deemed effectively given upon the earliest of personal delivery,
receipt or the third full day following mailing with postage and fees prepaid,
addressed to the other party hereto at the address last known in the Company’s
records or at such other address as such party may designate by ten (10) days’
advance written notice to the other party hereto.
	 
	 	 	 	 	 	 
	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).
	 
	 	 	 	 	 	 
	The Plan and Other
Agreements	 	The text of the Plan is incorporated in this Agreement by reference. All
capitalized terms in the Agreement shall have the meanings assigned to them in
the Plan. This Agreement and the Plan constitute the entire understanding
between you and the Company regarding this Option. Any prior agreements,
commitments or negotiations concerning this Option are superseded. This
Agreement may be amended by the Committee without your consent; however, if any
such amendment would materially impair your rights or obligations under the
Agreement, this Agreement may be amended only by another written agreement,
signed by you and the Company.

BY SIGNING THE COVER SHEET OF THIS AGREEMENT,

YOU AGREE TO ALL OF THE TERMS AND CONDITIONS

DESCRIBED ABOVE AND IN THE PLAN.

Financial Engines, Inc.

Stock Option Agreement

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EXHIBIT A

VESTING SCHEDULE: ADDITIONAL TERMS

Notwithstanding the foregoing, if your Service as an Employee or a Consultant terminates as a
result of an Involuntary Termination (as defined below) at any time within twelve (12) months after
a Change of Control, or on or within two (2) months before a Change of Control, the vesting of the
Option shall accelerate with respect to that number of Shares for which the Option would have
vested during the twelve (12) months following the consummation of the Change in Control.

“Involuntary Termination” means (i) without your express written consent, a reduction of your
title, authority, duties, position or responsibilities relative to your title, authority, duties,
position or responsibilities in effect immediately prior to such reduction; (ii) without your
express written consent, a reduction by the Company of your base salary or bonus opportunity as in
effect immediately prior to such reduction; (iii) without your express written consent, the
relocation of your principal place of employment to a facility or a location more than fifty (50)
miles from your current location; (iv) without your express written consent, any purported
termination of your Service by the Company which is not effected for Cause or by reason of death or
disability.

“Cause” means (i) commission of a felony, an act involving moral turpitude, or an act constituting
common law fraud, and which has a material adverse effect on the business or affairs of the Company
or its affiliates or stockholders; (ii) intentional or willful misconduct or refusal to follow the
lawful instructions of the Board of Directors; or (iii) intentional breach of Company confidential
information obligations which has an adverse effect on the Company or its affiliates or
stockholders. For these purposes, no act or failure to act shall be considered “intentional or
willful” unless it is done, or omitted to be done, in bad faith without a reasonable belief that
the action or omission is in the best interests of the Company.

Financial Engines, Inc.

Stock Option Agreement

- 5 -exv10w12

Exhibit 10.12

Employees

FINANCIAL ENGINES, INC.

2009 STOCK INCENTIVE PLAN

NOTICE OF RESTRICTED STOCK AWARD

     You have been granted the following Restricted Stock Award (“RSA”) of Common Stock of
FINANCIAL ENGINES, INC. (the “Company”) under the Company’s 2009 Stock Incentive Plan (the “Plan”):

	 	 	 
	Date of Grant:

	 	[Date of Grant]
	 
	 	 
	Name of Recipient:

	 	[Name of Recipient]
	 
	 	 
	Total Number of
Shares Subject to the RSA:

	 	[Total Shares]
	 
	 	 
	Fair Market Value per Share:

	 	$[Value Per Share]
	 
	 	 
	Total Fair Market Value
of Award:

	 	$[Total Value]
	 
	 	 
	Vesting Commencement Date:

	 	[                    ]
	 
	 	 
	Vesting Schedule:

	 	[1/8th of the Shares subject to
this Award vest when you complete each
three-month period of continuous Service as
an Employee or a Consultant from the Vesting
Commencement Date.]

     By your signature and the signature of the Company’s representative below, you and the
Company agree that this RSA is granted under and governed by the term and conditions of the Plan
and the Restricted Stock Award Agreement (the “Agreement”), both of which are attached to and made
a part of this document.

     By signing this document you further agree that the Company may deliver by e-mail all
documents relating to the Plan or this Award (including without limitation, prospectuses required
by the Securities and Exchange Commission) and all other documents that the Company is required to
deliver to its security holders (including without limitation, annual reports and proxy
statements). You also agree that the Company may deliver these documents by posting them on a
website maintained by the Company or by a third party under contract with the Company. If the
Company posts these documents on a website, it will notify you by e-mail.

	 	 	 	 	 
	[NAME OF RECIPIENT]	 	FINANCIAL ENGINES, INC. 
	 	 	 	 	 
	 	 	By:  	 	 
	 	 	 	 
	 	 	Title:  	 	 
	 

FINANCIAL ENGINES, INC.

NOTICE OF RESTRICTED STOCK AWARD

- 1 -

 

FINANCIAL ENGINES, INC.

2009 STOCK INCENTIVE PLAN

RESTRICTED STOCK AWARD AGREEMENT

	 	 	 
	Payment For RSA

	 	No cash payment is required for the RSA you receive. You are
receiving the RSA in consideration for Services rendered by
you.
	 
	 	 
	Vesting

	 	The Shares subject to the RSA you are receiving will vest in
installments, as shown in the Notice of Restricted Stock
Award.
	 
	 	 
	 

	 	No additional Shares subject to the RSA vest after your
Service as an Employee or a Consultant has terminated for any
reason.
	 
	 	 
	Shares Restricted

	 	Unvested Shares subject to the RSA will be considered
“Restricted Shares.” Except to the extent permitted by the
Committee, you may not sell, transfer, assign, pledge or
otherwise dispose of Restricted Shares.
	 
	 	 
	Forfeiture

	 	If your Service terminates for any reason, then your Shares
subject to the RSA will be forfeited to the extent that they
have not vested before the termination date and do not vest as
a result of termination. This means that the Restricted
Shares will immediately revert to the Company. You receive no
payment for Restricted Shares that are forfeited. The Company
determines when your Service terminates for this purpose and
all purposes under the Plan and its determinations are
conclusive and binding on all persons.
	 
	 	 
	Leaves Of Absence

	 	For purposes of this Award, your Service does not terminate
when you go on a military leave, a sick leave or another bona
fide leave of absence, if the leave was approved by the
Company in writing and if continued crediting of Service is
required by the terms of the leave or by applicable law. But
your Service terminates when the approved leave ends, unless
you immediately return to active work.
	 
	 	 
	Stock Certificates

	 	The certificates for the Restricted Shares have stamped on
them a special legend referring to the forfeiture
restrictions. In addition to or in lieu of imposing the
legend, the Company may hold the certificates in escrow. As
your vested percentage increases, you may request (at
reasonable intervals) that the Company release to you a
non-legended certificate for your vested Shares subject to the
RSA.
	 
	 	 
	Shareholder Rights

	 	During the period of time between the date of grant and the
date the Restricted Shares become vested, you shall have all
the rights of a shareholder with respect to the Restricted
Shares except for the right to transfer the Restricted Shares,
as set forth above. Accordingly, you shall have the right to
vote the Restricted Shares and to receive any

FINANCIAL ENGINES, INC.

RESTRICTED STOCK AWARD AGREEMENT

- 1 -

 

	 	 	 
	 

	 	cash dividends paid with respect to the Restricted Shares.
	 
	 	 
	Withholding Taxes

	 	No Shares will be released to you unless you have made
arrangements acceptable to the Company to pay withholding
taxes that may be due as a result of this Award or the vesting
of the Shares. These arrangements, at the sole discretion of
the Company, may include (a) having the Company withhold taxes
from the proceeds of the sale of the Shares, either through a
voluntary sale or through a mandatory sale arranged by the
Company (on your behalf pursuant to this authorization), (b)
having the Company withhold Shares that otherwise would be
released to you when they vest having a Fair Market Value
equal to the amount necessary to satisfy the minimum statutory
withholding amount, or (c) any other arrangement approved by
the Company. The Fair Market Value of any Shares withheld,
determined as of the date when taxes otherwise would have been
withheld in cash, will be applied as a credit against the
withholding taxes. You also authorize the Company, or your
actual employer, to satisfy all withholding obligations of the
Company or your actual employer with respect to this Award
from your wages or other cash compensation payable to you by
the Company or your actual employer.
	 
	 	 
	Restrictions On Resale

	 	You agree not to sell any Shares at a time when applicable
laws, Company policies or an agreement between the Company 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 the Company may
specify.
	 
	 	 
	No Retention Rights

	 	Neither your Award nor this Agreement gives you the right to
be employed or retained by the Company or a subsidiary of the
Company in any capacity. The Company and its subsidiaries
reserve the right to terminate your Service at any time, with
or without cause.
	 
	 	 
	Adjustments

	 	In the event of a stock split, a stock dividend or a similar
change in Company Shares, or a merger or a reorganization of
the Company, the forfeiture provisions described above will
apply to all new, substitute or additional securities or other
assets to which you are entitled by reason of your ownership
of the Shares.
	 
	 	 
	Successors and
Assigns

	 	Except as otherwise provided in the Plan or this Agreement,
every term of this Agreement shall be binding upon and inure
to the benefit of the parties hereto and their respective
heirs, legatees, legal representatives, successors,
transferees and assigns.
	 
	 	 
	Notice

	 	Any notice required or permitted under this Agreement shall be
given in writing and shall be deemed effectively given upon
the earliest of

FINANCIAL ENGINES, INC.

RESTRICTED STOCK AGREEMENT

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	 	personal delivery, receipt or the third full day
following mailing with postage and fees prepaid, addressed to
the other party hereto at the address last known in the
Company’s records or at such other address as such party may
designate by ten (10) days’ advance written notice to the
other party hereto.
	 
	 	 
	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).
	 
	 	 
	The Plan and Other
Agreements

	 	The text of the Plan is incorporated in this Agreement by
reference. All capitalized terms in this Agreement shall have
the meanings assigned to them in the Plan. This Agreement and
the Plan constitute the entire understanding between you and
the Company regarding this Award. Any prior agreements,
commitments or negotiations concerning this Award are
superseded. This Agreement may be amended by the Committee
without your consent; however, if any such amendment would
materially impair your rights or obligations under the
Agreement, this Agreement may be amended only by another
written agreement, signed by you and the Company.

BY SIGNING THE COVER SHEET OF THIS AGREEMENT,

YOU AGREE TO ALL OF THE TERMS AND CONDITIONS

DESCRIBED ABOVE AND IN THE PLAN.

FINANCIAL ENGINES, INC.

RESTRICTED STOCK AGREEMENT

- 3 -

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