Document:

exv10w15

Exhibit 10.15

GENOMIC HEALTH, INC.

2005 STOCK INCENTIVE PLAN

NOTICE OF RESTRICTED STOCK UNIT GRANT

You (“Grantee”) have been granted the following number of restricted stock units (“RSUs”) of
GENOMIC HEALTH, INC. (the “Company”) under the Company’s 2005 Stock Incentive Plan (the “Plan”):

	 	 	 
	Name of Grantee:

	 	[insert]
	 
	 	 
	Total Number of RSUs Granted:

	 	_________
	 
	 	 
	Grant Date:

	 	_________________________, 2010
	 
	 	 
	Vesting Commencement Date:

	 	[insert]
	 
	 	 
	Vesting Schedule:

	 	[insert]

By Grantee’s [electronic] signature and the [electronic] signature of the Company’s representative
below, Grantee and the Company agree that these RSUs are granted under and governed by the term and
conditions of the Plan, the Global Restricted Stock Unit Agreement, and any applicable
country-specific provisions set forth in Appendix A, all of which are attached to and made
a part of this Notice of Restricted Stock Unit Grant (“Notice of Grant”).

     By signing this Notice of Grant, Grantee further agrees that the Company may deliver by e-mail
all documents relating to the Plan or this award (including without limitation, prospectuses
required by the U.S. 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). Grantee also agrees 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 Grantee by e-mail.

Genomic Health, Inc.

2005 Stock Incentive Plan

 

 

	 	 	 

	Grantee:

	 	Genomic Health, Inc.
	 
	 	 
	 

	 	By:

	Grantee’s Signature
	 	 
	 
	 	 
	 

	 	Title:

	Grantee’s Printed Name
	 	 

 

 

GENOMIC HEALTH, INC.

2005 STOCK INCENTIVE PLAN

GLOBAL RESTRICTED STOCK UNIT AGREEMENT

	 	 	 	 	 

	1.

	 	Grant
	 	Pursuant to the Notice of Restricted Stock Unit
Grant (the “Notice of Grant”) to which this Global
Restricted Stock Unit Agreement (the “Agreement”)
is attached, GENOMIC HEALTH, INC. (the “Company”),
has granted to Grantee the right to receive one
Share for each vested Restricted Stock Unit (“RSU”)
awarded by this Agreement, as set forth in the
Notice of Grant, pursuant to the Company’s 2005
Stock Incentive Plan (the “Plan”). The terms
“Restricted Stock Units” and “RSUs” shall have the
same meaning ascribed to the term “Stock Units” in
the Plan. Capitalized terms used in this Agreement
without definition shall have the meanings set
forth in the Plan.
	 
	 	 	 	 
	2.

	 	Payment
	 	No cash payment is required for the issuance of the
Shares subject to the RSUs. The Shares subject to
the RSUs shall become payable to Grantee, in
consideration of Services rendered by Grantee, if
and when the RSUs become nonforfeitable in
accordance with Section 3 (Vesting Schedule)
hereof.
	 
	 	 	 	 
	3.

	 	Vesting Schedule
	 	Subject to Section 4 (Forfeiture upon Termination
of Service), Grantee’s right to receive Shares
subject to the RSUs awarded by this Agreement will
vest in Grantee according to the vesting schedule
set forth in the Notice of Grant.
	 
	 	 	 	 
	4.

	 	Forfeiture upon
Termination of
Service
	 	Notwithstanding any contrary provision of this
Agreement or the Notice of Grant, if Grantee
terminates Service with the Company for any or no
reason prior to vesting, the unvested RSUs awarded
by this Agreement will thereupon be forfeited at no
cost to the Company and without any consideration
to Grantee. The date on which Service terminates
shall not be extended by any notice period required
to be given under local law (e.g., Service would
not include a period of “garden leave”). The
Company determines when Service terminates for this
purpose and for all purposes under the Plan, and
its determinations are conclusive and binding on
all persons.
	 
	 	 	 	 
	5.

	 	Leaves of Absence
	 	For purposes of this Award, Grantee’s Service does
not terminate when Grantee goes 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 Grantee’s Service terminates when the
approved leave ends,

A-1

 

	 	 	 	 	 

	 

	 	 	 	unless Grantee immediately
returns to active work.
	 
	 	 	 	 
	 

	 	 	 	If Grantee goes on a leave of absence, then the
vesting schedule specified in the Notice of Grant
may be adjusted in accordance with the Company’s
leave of absence policy or the terms of Grantee’s
leave. If Grantee commences working on a part-time
basis, then the vesting schedule specified in the
Notice of Grant may be adjusted in accordance with
the Company’s part-time work policy or the terms of
an agreement between Grantee and the Company
pertaining to Grantee’s part-time schedule.
	 
	 	 	 	 
	6.

	 	Form and Time of
Settlement
	 	Except as otherwise provided for in Section 10
(Adjustments), settlement of the RSUs shall be made
in the form of whole Shares at the time they become
nonforfeitable in accordance with Section 3
(Vesting Schedule) hereof, or as soon as
practicable thereafter, but with regard to U.S.
taxpayers, in any event, not later than 21/2 months
following the later to occur of the end of (i)
Grantee’s tax year that includes the date of
vesting, or (ii) the Company’s tax year that
includes the applicable date of vesting.

	 
	 	 	 	 
	 

	 	 
	 	

At the time of settlement, Grantee will receive one
Share for each vested RSU; provided, however, that
no fractional Shares will be issued or delivered
pursuant to the Plan or this Agreement, and the
Company will determine whether cash will be paid in
lieu of any fractional Share or whether such
fractional share and any rights thereto will be
canceled, terminated or otherwise eliminated. In
addition, the Shares are issued to Grantee subject
to the condition that the issuance of the Shares
does not violate any law or regulation.
	 
	 	 	 	 
	7.

	 	Taxes and
Withholding
	 	(a) Regardless of any action the Company or
Grantee’s employer (the “Employer”) takes with
respect to any or all income tax, social insurance,
payroll tax, payment on account or other
tax-related items related to Grantee’s
participation in the Plan and legally applicable to
Grantee (“Tax-Related Items”), Grantee acknowledges
that the ultimate liability for all Tax-Related
Items is and remains Grantee’s responsibility and
may exceed the amount actually withheld by the
Company or the Employer. Grantee further
acknowledges that the Company and/or the Employer
(i) make no representations or undertakings
regarding the treatment of any Tax-Related Items in
connection with any aspect of the RSU, including,
but not limited to, the grant, vesting or
settlement of the RSU, the issuance of Shares, or
the subsequent sale of Shares acquired pursuant to
such issuance; and (ii) do not commit to and are
under no obligation to structure the terms of the
grant or any aspect of the RSU to reduce or
eliminate Grantee’s liability for Tax-Related Items
or achieve any

 

 

	 	 	 	 	 

	 

	 	 	 	particular tax result. Further, if
Grantee has become subject to tax in more than one
jurisdiction between the date of grant and the date
of any relevant taxable event, Grantee acknowledges
that the Company and/or the Employer (or former
employer, as applicable) may be required to
withhold or account for Tax-Related Items in more
than one jurisdiction.
	 
	 	 	 	 
	 

	 	 	 	(b) Prior to any relevant taxable or tax
withholding event, as applicable, Grantee will pay
or make adequate arrangements satisfactory to the
Company and/or the Employer to satisfy all
Tax-Related Items. Unless otherwise determined by
the Company, this Tax-Related Items withholding
obligation shall be satisfied by the retention by
the Company of Shares otherwise deliverable
pursuant to the vested RSU; provided, however, that
the Shares retained for payment of the Tax-Related
Items must not exceed the minimum tax withholding
amount permissible under the method that results in
the least amount withheld. If the obligation for
Tax-Related Items is satisfied by withholding in
Shares, for tax purposes, Grantee is deemed to have
been issued the full number of Shares subject to
the vested RSU, notwithstanding that a number of
the Shares are held back solely for the purpose of
paying the Tax-Related Items due as a result of any
aspect of Grantee’s participation in the Plan.
	 
	 	 	 	 
	 

	 	 	 	(c) In the alternative and subject to the Company’s
authorization, Grantee agrees that the Company
and/or the Employer, or their respective agents, at
their discretion, may satisfy the obligations with
regard to all Tax-Related Items by one or a
combination of the following without Grantee’s
further consent:
	 
	 	 	 	 
	 

	 	 	 	     (i) withholding from Grantee’s wages or other cash
compensation paid to Grantee by the Company, the
Employer and/or any Subsidiary or Affiliate; or
	 
	 	 	 	 
	 

	 	 	 	     (ii) withholding from proceeds of the sale of
Shares acquired upon vesting/settlement of the RSUs
through a voluntary sale (on Grantee’s behalf and
pursuant to this authorization).
	 
	 	 	 	 
	 

	 	 	 	(d) Grantee shall pay to the Company or the
Employer any amount of Tax-Related Items that the
Company or the Employer may be required to withhold
or account for as a result of Grantee’s
participation in the Plan that cannot be satisfied
by the means described in this Section.
	 
	 	 	 	 
	 

	 	 	 	(e) The Company may refuse to issue or deliver
the Shares or proceeds of the sale of Shares if
Grantee fails to comply with

 

 

	 	 	 	 	 

	 

	 	 	 	Grantee’s obligations
in connection with the Tax-Related Items. Grantee
shall have no further rights with respect to any
Shares that are retained by the Company pursuant to
this provision, and under no circumstances will the
Company be required to issue any fractional Shares.
	 
	 	 	 	 
	8.

	 	Restrictions on

Resale
	 	By signing this Agreement, Grantee 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 Grantee is an
employee, consultant or director of the Company, a
Subsidiary or Affiliate.
	 
	 	 	 	 
	9.

	 	Retention Rights
	 	Neither the Award nor this Agreement gives Grantee
the right to be retained by the Company, a
Subsidiary or an Affiliate in any capacity. The
Award will not be interpreted to form an employment
contract or relationship with the Company or any
Subsidiary or Affiliate. Grantee’s participation
in the Plan shall not create a right to further
employment with the Employer and shall not
interfere with the ability of the Employer to
terminate Grantee’s employment or service
relationship (if any) at any time with or without
cause.
	 
	 	 	 	 
	10.

	 	Adjustments
	 	In the event of a stock split, a stock dividend or
a similar change in Stock or other capitalization
adjustment contemplated in Section 11(a) of the
Plan, the number of RSUs subject to this Agreement
shall be adjusted pursuant to the Plan.
	 
	 	 	 	 
	11.

	 	Grant is not
Transferable
	 	Subject to the provisions of Section 10(f) of the
Plan regarding the designation of beneficiaries,
neither the RSUs granted hereby nor any interest
therein or in the Shares related thereto shall be
transferable other than by will or the laws of
descent and distribution prior to settlement of the
RSUs. Any attempt to transfer the RSUs in
violation of this provision will cause the RSUs to
immediately become invalid.

 

 

	 	 	 	 	 

	12.

	 	No Voting Rights or

Dividend

Equivalents
	 	The RSUs carry neither voting rights nor rights to
dividends (or dividend equivalent payments).
Neither Grantee nor any person claiming under or
through Grantee shall have any of the rights or
privileges of a stockholder of the Company in
respect of any Shares deliverable hereunder unless
and until Shares have been issued, recorded on the
records of the Company or its transfer agents or
registrars, and delivered to such person or such
person’s broker. No adjustments will be made for
dividends or other rights if the applicable record
date occurs before the Shares are issued.
	 
	 	 	 	 
	13.

	 	Compliance with
Section 409A of the
Code
	 	For U.S. taxpayers, it is intended that the vesting
and the settlement of RSUs set forth in this
Agreement shall qualify for exemption from the
application of or otherwise comply with Section
409A of the Code, and any ambiguities herein will
be interpreted to so qualify or otherwise comply.
The Company reserves the right, to the extent the
Company deems necessary or advisable in its sole
discretion, to unilaterally amend or modify this
Agreement as may be necessary to ensure that all
vesting and/or payments provided under this
Agreement are made in a manner that qualifies for
exemption from or complies with Section 409A of the
Code; provided, however, that the Company makes no
representation that the vesting or settlement of
RSUs provided under this Agreement will be exempt
from or comply with Section 409A of the Code and
makes no undertaking to preclude Section 409A of
the Code from applying to the vesting and/or
settlement of RSUs provided under this Agreement or
to comply with the provisions thereof.
	 
	 	 	 	 
	14.

	 	No Service Contract
	 	The grant of the RSU is voluntary and occasional
and does not create any contractual or other right
to receive future grants of RSUs, or benefits in
lieu of RSUs, even if RSUs have been granted
repeatedly in the past. The RSU and the Shares
subject to the RSU are not part of normal or
expected compensation or salary for any purposes,
including, but not limited to, calculating any
severance, resignation, termination, redundancy,
dismissal, end-of-service payments, bonuses,
long-service awards, pension or retirement or
welfare benefits or similar payments and in no
event should be considered as compensation for, or
relating in any way to, past services for the
Company, the Employer or any Subsidiary or
Affiliate.
	 
	 	 	 	 
	15.

	 	Nature of Grant
	 	The RSUs are mere bookkeeping entries. They
represent only the Company’s unfunded and unsecured
promise to issue Shares on a future date subject to
the terms and conditions of this Agreement. A
holder of RSUs has no rights other than the rights
of a general creditor of the Company.

 

 

	 	 	 	 	 

	 

	 	 	 	In accepting the grant, Grantee acknowledges that:
	 
	 	 	 	 
	 

	 	 	 	(a) the Plan is established voluntarily by the
Company, it is discretionary in nature and it may
be modified, amended, suspended or terminated by
the Company at any time as set forth in the Plan;
	 
	 	 	 	 
	 

	 	 	 	(b) all decisions with respect to future RSU
grants, if any, will be at the sole discretion of
the Company;
	 
	 	 	 	 
	 

	 	 	 	(c) Grantee is voluntarily participating in the
Plan;
	 
	 	 	 	 
	 

	 	 	 	(d) the future value of the underlying Shares is
unknown and cannot be predicted with certainty;
	 
	 	 	 	 
	 

	 	 	 	(e) Grantee is hereby advised to consult with his
or her own personal tax, legal and financial
advisors regarding participation in the Plan before
taking any action related to the Plan;
	 
	 	 	 	 
	 

	 	 	 	(f) for Grantees who reside outside the U.S., the
following additional provisions shall apply:
	 
	 	 	 	 
	 

	 	 	 	     (i) the RSUs and the Shares subject to the RSUs are
not intended to replace any pension rights or
compensation;
	 
	 	 	 	 
	 

	 	 	 	     (ii) in consideration of the grant of RSUs, no
claim or entitlement to compensation or damages
shall arise from forfeiture of the RSUs resulting
from termination of Grantee’s Service with the
Company, the Employer or any Subsidiary or
Affiliate (for any reason whatsoever and whether or
not in breach of local labor laws), and Grantee
irrevocably releases the Company, the Employer, and
any Subsidiary or Affiliate from any such claim
that may arise; if, notwithstanding the foregoing,
any such claim is found by a court of competent
jurisdiction to have arisen, Grantee shall be
deemed irrevocably to have waived Grantee’s
entitlement to pursue such claim; and
	 
	 	 	 	 
	 

	 	 	 	     (iii) in the event of termination of Grantee’s
Service (whether or not in breach of local labor
laws), Grantee’s right to vest in the RSUs, if any,
will terminate effective as of the date that
Grantee is no longer actively employed and will not
be extended by any notice period mandated under
local law.
	 
	 	 	 	 
	16.

	 	Plan Governs
	 	This Agreement and the Notice of Grant are subject
to all terms and provisions of the Plan. In the
event of a conflict between one or more provisions
of this Agreement or the Notice of Grant and one or
more provisions of the Plan, the provisions of the
Plan will govern.

 

 

	 	 	 	 	 

	17.

	 	Data Privacy Notice
and Consent
	 	This Section 17 (Data Privacy Notice and Consent)
applies to Grantee only if Grantee resides outside
of the U.S. If Grantee resides outside of the
U.S., then Grantee hereby explicitly and
unambiguously consents to the collection, use and
transfer, in electronic or other form, of Grantee’s
personal data as described in this Agreement and
any other RSU grant materials by and among, as
applicable, the Employer, the Company and its
Subsidiaries for the exclusive purpose of
implementing, administering and managing Grantee’s
participation in the Plan.
	 
	 	 	 	 
	 

	 	 	 	Grantee understands that the Company and the
Employer may hold certain personal information
about Grantee, including, but not limited to,
Grantee’s name, home address and telephone number,
date of birth, social insurance number or other
identification number, salary, nationality, job
title, any Shares or directorships held in the
Company, details of all RSUs or any other
entitlement to shares of stock awarded, canceled,
exercised, vested, unvested or outstanding in
Grantee’s favor, for the exclusive purpose of
implementing, administering and managing the Plan
(“Data”).
	 
	 	 	 	 
	 

	 	 	 	Grantee understands that Data will be transferred
to the Company’s broker and any other third party
assisting in the implementation, administration and
management of the Plan. Grantee understands that
the recipients of the Data may be located in the
United States or elsewhere, and that the
recipients’ country (e.g., the United States) may
have different data privacy laws and protections
than Grantee’s country.
	 
	 	 	 	 
	 

	 	 	 	Grantee understands that Grantee may request a list
with the names and addresses of any potential
recipients of the Data by contacting Grantee’s
local human resources representative. Grantee
authorizes the Company, and any other possible
recipients which may assist the Company (presently
or in the future) with implementing, administering
and managing the Plan to receive, possess, use,
retain and transfer the Data, in electronic or
other form, for the sole purpose of implementing,
administering and managing Grantee’s participation
in the Plan.
	 
	 	 	 	 
	 

	 	 	 	Grantee understands that Data will be held only as
long as is necessary to implement, administer and
manage Grantee’s participation in the Plan.
Grantee understands that Grantee may, at any time,
view Data, request additional information

 

 

	 	 	 	 	 

	 

	 	 	 	about the
storage and processing of Data, require any
necessary amendments to Data or refuse or withdraw
the consents herein, in any case without cost, by
contacting in writing Grantee’s local human
resources representative. Grantee understands,
however, that refusing or withdrawing Grantee’s
consent may affect Grantee’s ability to participate
in the Plan. For more information on the
consequences of Grantee’s refusal to consent or
withdrawal of consent, Grantee understands that
Grantee may contact Grantee’s local human resources
representative.
	 
	 	 	 	 
	18.

	 	Amendments
	 	Any amendment to the Plan shall be deemed to be an
amendment to this Agreement to the extent that the
amendment is applicable hereto; provided, however,
that no amendment shall adversely affect the rights
of Grantee in a material way under this Agreement
without Grantee’s consent.
	 
	 	 	 	 
	19.

	 	Severability
	 	If any provision of this Agreement or the
application of any provision hereof to any person
or circumstances is held invalid or unenforceable,
the remainder of this Agreement and the application
of such provision to any other person or
circumstances shall not be affected, and the
provisions so held to be invalid or unenforceable
shall be reformed to the extent (and only to the
extent) necessary to make it enforceable and valid.
	 
	 	 	 	 
	20.

	 	Successors and
Assigns
	 	Without limiting Section 11 (Grant is Not
Transferable) hereof, the provisions of this
Agreement shall inure to the benefit of, and be
binding upon, the successors, administrators,
heirs, legal representatives and assigns of the
Grantee, and the successors and assigns of the
Company.
	 
	 	 	 	 
	21.

	 	Applicable Law and
Venue
	 	This Agreement shall be governed by and construed
in accordance with the internal substantive laws of
the State of Delaware, without giving effect to any
principle of law that would result in the
application of the law of any other jurisdiction.
For purposes of litigating any dispute that arises
under this grant or this Agreement, the parties
hereby submit to and consent to the jurisdiction of
the State of California, and agree that such
litigation will be conducted in the courts of San
Mateo County, California, or the federal courts for
the United States for the Northern District of
California, and no other courts, where this
Agreement is made and/or to be performed.
	 
	 	 	 	 
	22.

	 	No Advice Regarding

Award
	 	The Company is not providing any tax, legal or
financial advice, nor is the Company making any
recommendation regarding Grantee’s participation in
the Plan, or the acquisition or sale of underlying
Shares. Grantee is advised to consult with his or
her

 

 

	 	 	 	 	 

	 

	 	 	 	personal tax, legal, and financial advisors
regarding the decision to participate in the Plan
before taking any action related to the Plan.
	 
	 	 	 	 
	23.

	 	Electronic Delivery
and Participation
	 	The Company may, in its sole discretion, decide to
deliver any documents related to current or future
participation in the Plan by electronic means.
Grantee hereby consents to receive such documents
by electronic delivery and agrees to participate in
the Plan through an on-line or electronic system
established and maintained by the Company or a
third party designated by the Company.
	 
	 	 	 	 
	24.

	 	Language
	 	If Grantee has received this Agreement or any other
document related to the Plan translated into a
language other than English and if the meaning of
the translated version is different than the
English version, the English version will control.
	 
	 	 	 	 
	25.

	 	Addresses for Notice
	 	Any notice necessary under this Agreement shall be
addressed to the Company in care of its Secretary
at the principal executive office of the Company
and to Grantee at the address appearing in the
personnel records of the Company for Grantee or to
either party at such other address as either party
hereto may hereafter designate in writing or
electronically to the other.
	 
	 	 	 	 
	26.

	 	Appendix A
	 	Notwithstanding any provisions in this Agreement,
the RSU grant shall be subject to any special terms
and conditions for Grantee’s country of residence,
if any, forth in the Appendix A to this Agreement.
Moreover, if Grantee relocates to one of the
countries included in Appendix A, the special terms
and conditions for such country will apply to
Grantee, to the extent the Company determines that
the application of such terms and conditions is
necessary or advisable in order to comply with
local law or facilitate the administration of the
Plan. Appendix A constitutes part of this
Agreement.
	 
	 	 	 	 
	27.

	 	Imposition of Other
Requirements
	 	The Company reserves the right to impose other
requirements on Grantee’s participation in the
Plan, on the RSUs and on any Shares acquired under
the Plan, to the extent the Company determines it
is necessary or advisable in order to comply with
local law or facilitate the administration of the
Plan, and to require Grantee to sign any additional
agreements or undertakings that may be necessary to
accomplish the foregoing.

BY SIGNING THE NOTICE OF GRANT TO THIS AGREEMENT,

GRANTEE AGREES TO ALL OF THE TERMS AND CONDITIONS DESCRIBED ABOVE,

AS WELL AS BELOW IN APPENDIX A, AND IN THE PLAN

 

 

ADDITIONAL TERMS & CONDITIONS OF THE

RESTRICTED STOCK UNIT AGREEMENT

FOR GRANTEES OUTSIDE THE U.S.

APPENDIX A

This Appendix A includes additional terms and conditions that govern the RSUs granted to Grantee if
Grantee resides in one of the countries listed herein. These terms and conditions are in addition
to, or, if so indicated, in place of, the terms and conditions set forth in the Agreement.
Capitalized terms used but not defined in this Appendix A shall have the meanings set forth in the
Plan and/or the Agreement.

This Appendix A also includes certain issues of which Grantee should be aware with respect to his
or her participation in the Plan. The information is based on the securities, exchange control,
income tax and other laws in effect in the respective countries as November 2010. Such laws are
often complex and change frequently. As a result, the Company strongly recommends that Grantee not
rely on the information noted herein as the only source of information relating to the consequences
of participation in the Plan because the information may be out of date when the RSUs vest or
Shares acquired under the Plan subsequently are sold.

In addition, the information is general in nature and may not apply to Grantee’s particular
situation, and the Company is not in a position to assure Grantee of any particular result.
Therefore, Grantee is advised to seek appropriate professional advice as to how the relevant laws
in Grantee’s country may apply to his or her situation.

Finally, if Grantee is a citizen or resident of a country other than the one in which Grantee is
currently working, transfers employment after the RSUs were granted or is considered a resident of
another country for local law purposes, the information contained herein may not apply.

CANADA

Data Privacy. This provision supplements Section 17 of the Agreement:

Grantee hereby authorizes the Company and the Company’s representatives to discuss with and obtain
all relevant information from all personnel, professional or not, involved in the administration
and operation of the Plan. Grantee further authorizes the Company and the administrator of the
Plan to disclose and discuss the Plan with their advisors. Grantee further authorizes the Company
and any Subsidiary or Affiliate to record such information and to keep such information in
Grantee’s employee file.

 

 

GERMANY

Exchange Control Information. Cross-border payments in excess of €12,500 must be reported monthly
to the German Federal Bank. If Grantee uses a German bank to transfer a cross-border payment in
excess of €12,500 in connection with the sale of shares of Common Stock acquired under the Plan,
the bank will make the report for Grantee. No report is required for payments less than €12,500.
In addition, Grantee must report any receivables or payables or debts in foreign currency exceeding
€5,000,000 on a monthly basis.

IRELAND

Payment. This provision replaces Section 2 of the Agreement:

Notwithstanding any discretion in the Plan or the Agreement to the contrary, upon vesting of the
RSUs, Shares will be issued to Grantee. In no event will the Award be paid to Grantee in the form
of cash.

Exclusion from Termination Indemnities and Other Benefits. This provision supplements Section 15
of the Agreement:

By accepting the RSUs, Grantee acknowledges, understands, and agrees that the benefits received
under the Plan will not be taken into account for any redundancy or unfair dismissal claim.

Director Notification. If Grantee is a director, shadow director or secretary of an Irish
subsidiary of the Company, Grantee is subject to certain notification requirements under Section 53
of the Companies Act, 1990. Among these requirements is an obligation to notify the Irish
affiliate in writing within five (5) business days when Grantee receives an interest (e.g., RSUs,
Shares) in the Company and the number and class of shares or rights to which the interest relates.
In addition, Grantee must notify the Irish subsidiary within five (5) business days when Grantee
sells Shares acquired under the Plan. This notification requirement also applies to any rights or
Shares acquired by Grantee’s spouse or children (under the age of 18).

PUERTO RICO

There are no country-specific provisions.

SWEDEN

There are no country-specific provisions.

 

 

SWITZERLAND

Securities Law Information. The offer of the RSUs is considered a private offering in Switzerland
and is therefore not subject to securities registration in Switzerland.

UNITED KINGDOM

Terms and Conditions.

Restricted stock units (“RSUs”) payable only in shares of Common Stock

Notwithstanding any discretion in the Plan or anything to the contrary in the Agreement, if Grantee
is resident and ordinarily resident in the United Kingdom, the grant of RSUs does not provide any
right for Grantee to receive a cash payment and the RSUs are payable in shares of Common Stock
only.

Responsibility for Taxes. The following provision supplements Section 7 of the Agreement:

If payment or withholding of the Tax-Related Items (including the Employer’s Liability, as defined
below) is not made within ninety (90) days of the event giving rise to the Tax-Related Items (the
“Due Date”) or such other period specified in Section 222(1)(c) of the U.K. Income Tax (Earnings
and Pensions) Act 2003, the amount of any uncollected Tax-Related Items will constitute a loan owed
by Grantee to the Employer, effective on the Due Date. Grantee agrees that the loan will bear
interest at the then-current official rate of Her Majesty’s Revenue and Customs (“HMRC”), it will
be immediately due and repayable, and the Company or the Employer may recover it at any time
thereafter by any of the means referred to in Section 7 of the Agreement. Notwithstanding the
foregoing, if Grantee is a director or executive officer of the Company (within the meaning of
Section 13(k) of the U.S. Securities and Exchange Act of 1934, as amended), Grantee will not be
eligible for such a loan to cover the Tax-Related Items. In the event that Grantee is a director
or executive officer and the Tax-Related Items are not collected from or paid by Grantee by the Due
Date, the amount of any uncollected Tax-Related Items will constitute a benefit to Grantee on which
additional income tax and national insurance contributions (including the Employer’s Liability, as
defined below) will be payable. Grantee acknowledges that the Company or the Employer may recover
such amounts from Grantee by any of the means referred to in Section 7 of the Agreement. However,
Grantee is also responsible for reporting and paying any income tax and national insurance
contributions (including the Employer’s Liability, as defined below) due on this additional benefit
directly to HMRC under the self-assessment regime.

 

 

Joint Election. As a condition of Grantee’s participation in the Plan, Grantee agrees to accept
any liability for secondary Class 1 national insurance contributions (the “Employer’s Liability”)
which may be payable by the Company and/or the Employer in connection with the Award and any event
giving rise to Tax-Related Items. To accomplish the foregoing, Grantee agrees to execute the
following joint election with the Company (the “Joint Election”), the form of such Joint Election
being formally approved by HMRC, and any other consent or elections required to accomplish the
transfer of the Employer’s Liability to Grantee. Grantee further agrees to execute such other
joint elections as may be required between Grantee and any successor to the Company and/or the
Employer. Grantee further agrees that the Company and/or the Employer may collect the Employer’s
Liability by any of the means set forth in Section 7 of the Agreement.

If Grantee does not enter into a Joint Election prior to vesting of the Award or any other event
giving rise to Tax-Related Items, Grantee will forfeit the Stock Unit Award and any benefits in
connection with the Award, and any Shares that have been issued will be returned to the Company at
no cost to the Company, without any liability to the Company and/or the Employer.

 

 

GENOMIC HEALTH, INC.

2005 STOCK INCENTIVE PLAN

 

Important Note on the Joint Election to Transfer

Employer National Insurance Contributions

 

As a condition of participation in the Genomic Health, Inc. 2005 Stock Incentive Plan (the “Plan”)
and the vesting of the restricted stock unit award (the “Award”) that has been granted to Grantee
by Genomic Health, Inc. (the “Company”), Grantee is required to enter into a joint election to
transfer to Grantee any liability for employer national insurance contributions (the “Employer’s
Liability”) that may arise in connection with the Award, or in connection with future restricted
stock unit awards granted to Grantee by the Company under the Plan (the “Joint Election”).

If Grantee does not agree to enter into the Joint Election, the Award will be worthless, as (under
the terms of the Restricted Stock Unit Agreement), Grantee will not be able to vest in the Award or
receive any benefit in connection with the Award.

By entering into the Joint Election:

			
	ooo	 	Grantee agrees that any Employer’s Liability that may arise in
connection with or pursuant to the vesting of the Award (and the
acquisition of shares of the Company’s common stock) or other taxable
events in connection with the Award will be transferred to Grantee; and

			
	ooo	 	Grantee authorizes the Company and/or Grantee’s employer to recover an
amount sufficient to cover this liability by any method set forth in
the Restricted Stock Unit Agreement and/or the Joint Election.

 

 

Indicating your acceptance of the Restricted Stock Unit Agreement indicates your agreement to be
bound by the terms of the Joint Election.

Please read the terms of the Joint Election carefully before

accepting the Restricted Stock Unit Agreement

and the Joint Election.

Please print and keep a copy of the Joint Election

for your records.

 

 

GENOMIC HEALTH, INC.

2005 STOCK INCENTIVE PLAN

Restricted Stock Units

for Employees in the United Kingdom

FORM OF ELECTION TO TRANSFER THE EMPLOYER’S SECONDARY

CLASS 1 NATIONAL INSURANCE LIABILITY TO THE EMPLOYEE

	1.	 	Parties
	 
	 	 	This Election is between:

	 	(A)	 	You, the individual who has obtained access to this Election (the
“Employee”), who is employed by one of the employing companies listed
in the attached schedule (the “Employer”), and who is eligible to
receive a restricted stock unit award pursuant to the terms and
conditions of the Genomic Health, Inc. 2005 Stock Incentive Plan (the
“Plan”), and
	 
	 	(B)	 	Genomic Health, Inc. 301 Penobscot Drive, Redwood City, California
94063, U.S.A. (the “Company”) which may grant restricted stock units
under the Plan and is entering this Election on behalf of the
Employer.

 

 

	2.	 	Purpose of Election

	 	2.1	 	This Election relates to the Employer’s secondary Class 1 national
insurance contributions (the “Employer’s Liability”) which may arise
on the occurrence of a “Taxable Event” pursuant to paragraph 3B(1A) of
Schedule 1 of the Social Security Contributions and Benefits Act 1992,
including but not limited to:

	 	(i)	 	the acquisition of securities pursuant to the restricted stock unit
award (pursuant to section 477(3)(a) ITEPA); and/or
	 
	 	(ii)	 	the assignment or release of the restricted stock unit award in
return for consideration (pursuant to section 477(3)(b) ITEPA);
and/or
	 
	 	(iii)	 	the receipt of a benefit in connection with the restricted stock
unit award other than a benefit within (i) or (ii) above (pursuant
to section 477(3)(c) ITEPA).

In this Election, ITEPA means the Income Tax (Earnings and Pensions) Act 2003.

	 	2.2	 	This Election is made in accordance with paragraph 3B(1) of Schedule 1
to the Social Security Contributions and Benefits Act 1992.
	 
	 	2.3	 	This Election applies to all restricted stock unit awards granted to
the Employee under the Plan, on or after 8 August 2007 up to the
termination date of the Plan.
	 
	 	2.4	 	This Election does not apply in relation to any liability, or any part
of any liability, arising as a result of regulations being given
retrospective effect by virtue of section 4B(2) of either the Social
Security Contributions and Benefits Act 1992, or the Social Security
Contributions and Benefits (Northern Ireland) Act 1992.

 

 

	 	2.5	 	This Election will not apply to the extent that it relates to relevant
employment income which is employment income of the earner by virtue
of Chapter 3A of Part 7 of ITEPA 2003 (employment income: securities
with artificially depressed market value).

	3.	 	The Election

The Employee and the Company jointly elect that the entire liability of the Employer to pay the
Employer’s Liability on the Taxable Event is hereby transferred to the Employee. The Employee
understands that by clicking on the acceptance of the Restricted Stock Unit Award button where
indicated, he or she will become personally liable for the Employer’s Liability covered by this
Election.

	4.	 	Payment of the Employer’s Liability

	 	4.1	 	Notwithstanding that pursuant to this Election, the Employer’s
Liability is transferred to the Employee, the Employee authorises the
Employer and the Employer agrees, to remit the Employer’s Liability to
Her Majesty’s Revenue and Customs (“HMRC”) on behalf of the Employee.
The Employee agrees to pay to the Employer the Employer’s Liability on
demand at any time on or after the Taxable Event.
	 
	 	4.2	 	Without limitation to Clause 4.1 above, the Employee hereby authorises
the Company and/or the Employer to collect the Employer’s Liability
from the Employee at any time on or after the Taxable Event:

	 	(i)	 	by deduction from salary or any other payment payable to the Employee
at any time on or after the date of the Taxable Event; and/or
	 
	 	(ii)	 	directly from the Employee by payment in cash or cleared funds; and/or

 

 

	 	(iii)	 	by arranging, on behalf of the Employee, for the sale of some of the
securities which the Employee is entitled to receive in respect of
the restricted stock unit award; and/or
	 
	 	(iv)	 	through any other method set forth in the Restricted Stock Unit Award
Agreement entered into between the Employee and the Company.

	 	4.3	 	The Company hereby reserves for itself and the Employer the right to
withhold the transfer of any securities to the Employee until full
payment of the Employer’s Liability is received.

	5.	 	Duration of Election

	 	5.1	 	The Employee and the Company agree to be bound by the terms of this
Election regardless of whether the Employee is transferred abroad or
is not employed by the UK Employer on the date on which the Employer’s
Liability becomes due.

	5.2	 	This Election will continue in effect until the earliest of the following:

	 	(i)	 	such time as both the Employee and the Company agree in writing that
it should cease to have effect;
	 
	 	(ii)	 	the date the Company serves written notice on the Employee
terminating its effect;
	 
	 	(iii)	 	the date HMRC withdraws approval of this Form of Election; or
	 
	 	(iv)	 	the date the Election ceases to have effect in accordance with its
terms in respect of any outstanding restricted stock unit awards
granted under the Plan.

 

 

Acceptance by the Employee

     The Employee acknowledges that by clicking on the acceptance of the Restricted Stock Unit
Award button where indicated, the Employee agrees to be bound by the terms of this Election as
stated above.

     Acceptance by the Company

     The Company acknowledges that by arranging for the scanned signature of an authorised
representative to appear on this Election, the Company agrees to be bound by the terms of this
Election as stated above.

     [INSERT SCANNED SIGNATURE]

     [Name]

     [Title]

     Genomic Health, Inc.

     [Date]

 

 

Schedule to Form of Election — Employing Companies

The Employing Companies to which this Form of Election relates are:

	(1)	 	Genomic Health Switzerland LLC

	 	 	 

	Registered Office:

	 	Rue du Rhone 14, 4th floor, CH-1204, Geneve
	 
	 	 
	Company Number (if any):
	 	 
	 
	 	 
	Corporation Tax District (if any):
	 	 
	 
	 	 
	Corporation Tax Reference (if any):exv10w1

Exhibit 10.1

OMNIBUS AMENDMENT

TO

RESTRICTED STOCK AGREEMENTS FOR FOLGERS EMPLOYEES 

     THIS OMNIBUS AMENDMENT is made this 4th day of November, 2010, by The J. M. Smucker Company
(the “Company”).

WITNESSETH:

     WHEREAS, from time to time, the Company has granted shares of restricted stock (the
“Restricted Stock”) to certain employees of the Company’s Folgers business (collectively, the
“Folgers Employees”) pursuant to the Company’s 2006 Equity Compensation Plan (the “Plan”);

     WHEREAS, the award agreements underlying the Restricted Stock heretofore granted to the
Folgers Employees (collectively, the “Restricted Stock Agreements”) provide that unvested
Restricted Stock will become nonforfeitable upon the applicable Folgers Employee’s election to
retire from the Company after the Folgers Employee’s becoming retirement eligible;

     WHEREAS, it is the desire of the Company to amend such Restricted Stock Agreements to provide
that the Restricted Stock will immediately become nonforfeitable upon the applicable Folgers
Employee’s becoming retirement eligible;

     WHEREAS, the Company has the power to amend the Restricted Stock Agreements without the
consent of the grantee unless the amendments adversely affect the grantee; and

     WHEREAS, the Company has determined that the amendments contained herein do not adversely
affect the grantees under the Restricted Stock Agreements;

     NOW, THEREFORE, effective November 4, 2010, the Company hereby amends all Restricted Stock
Agreements for the Folgers Employees issued under the Plan in which any portion of the underlying
Restricted Stock remained forfeitable as of November 4, 2010 as follows:

I.

     Clause (ii) of Section 3(b) of the Restricted Stock Agreements for the Restricted Stock
granted (A) in November 2008 upon the closing of the Company’s acquisition of The Folgers Coffee
Company from The Procter & Gamble Company (the “Transaction”) and (B) during the 2009 calendar year
to certain Folgers Employees who were on long-term disability at the time of the closing of the
Transaction (collectively, the “LTD Employees”), is amended in its entirety to read as follows:

“(ii) after the lapse of a period of two years from the date upon which the
Transaction closed, the Grantee has either (A) reached the age of 60 with at
least ten years of service with P&G or Folgers, or (B) reached the age of 55
with at least 20 years of service with P&G or Folgers, or”

 

 

Exhibit 10.1

II.

     Clause (ii) of Section 3(b) of the Restricted Stock Agreements for the Restricted Stock
granted in June 2009 (other than the Restricted Stock granted in June 2009 to the LTD Employees)
and June 2010 is amended in its entirety to read as follows:

“(ii) if, at any time during the four-year period from the Date of Grant,
and after the lapse of a two year period from the date of the merger
(November 6, 2008), the Grantee has either (A) reached the age of 60 with at
least ten years of combined service with the Folgers business and the
Company or (B) reached the age of 571/2 years of age and has at least 20 years
of combined service with the Folgers business and the Company, provided,
further the Grantee was at least 48 years of age as of November 19, 2008,
or”

     IN WITNESS WHEREOF, the Company has caused this Omnibus Amendment to be executed this 4th day
of November, 2010.

	 	 	 	 	 	 	 

	 	 	THE J. M. SMUCKER COMPANY	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Barry C. Dunaway
 

	 	 
	 	 	Name: Barry C. Dunaway	 	 
	 	 	Title:   Senior Vice President, Corporate and

           Organization Development

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}]]