Document:

Exhibit 10.56

                             PERFORMANCE SHARE AWARD

                             C&D TECHNOLOGIES, INC.

      This  PERFORMANCE  SHARE  AWARD (the  "Award")  is made and  entered  into
effective  as of the 12th day of March,  2007 by and between  C&D  Technologies,
Inc.  (the  "Company"),   a  Delaware  corporation,   and  _______________  (the
"Participant").

      Upon  and  subject  to  the  Terms  and  Conditions  attached  hereto  and
incorporated  herein by  reference  as part of this Award,  the  Company  hereby
awards as of the Grant  Date below to the  Participant  the  Performance  Shares
described below in consideration of Participant's services to the Company.

      A.    Grant Date: March 12, 2007.

      B.    Plan (under which the Award is granted): The C&D Technologies,  Inc.
            2007 Stock Incentive Plan.

      C.    Performance   Shares:    ____________   Performance   Shares.   Each
            Performance Share represents the Company's  unsecured  obligation to
            issue up to a maximum of two and  one-half  shares of the  Company's
            common stock ("Common  Stock") as provided in Schedule 1, subject to
            adjustment as provided in the attached Terms and Conditions.

      D.    Performance Period. The Performance Period with respect to the Award
            shall be the three consecutive year period commencing on February 1,
            2007, and ending on January 31, 2010.

      IN WITNESS  WHEREOF,  the Company and the  Participant  have executed this
Award as of the Grant Date set forth above.

                                           C&D TECHNOLOGIES, INC.
                                           By: /s/____________________
                                           President and Chief Executive Officer

                                           _____________________________________
                                           Signature of Participant

                                            Name:           Name
                                            SSN:            XXX-XX-9999
                                            Address:        Address
                                                            City, State Zip
<PAGE>

                           TERMS AND CONDITIONS TO THE
                     PERFORMANCE SHARE AWARD PURSUANT TO THE
                C&D TECHNOLOGIES, INC. 2007 STOCK INCENTIVE PLAN

      1.    Performance Goals. The Performance Goals applicable to the Award are
            as set forth in Schedule 1 attached hereto and incorporated herein.
The  Performance  Goals shall be used to  determine  the number of Common  Stock
issued per Performance  Share and shall be established by the C&D  Technologies,
Inc.  Compensation  Committee of the Board of Directors (the "Committee") within
ninety (90) days of the first day of the Performance Period; provided,  however,
that in no event shall the Performance  Goals be established  after  twenty-five
percent (25%) of the Performance Period has elapsed.

      2.    Determination of Shares of Common Stock Payable.

            (a)   Committee's  Certification  and  Determination.   As  soon  as
      practicable  following  the receipt by the  Committee of a report from the
      Company's independent auditor of the Company's level of achievement of the
      Performance Goals for the Performance  Period, the Committee shall certify
      in  writing  whether  one or  more  of the  Performance  Goals  have  been
      satisfied and shall  determine the number of shares of Common Stock earned
      per  Performance  Share based on the level of Performance  Goals achieved,
      according  to the  schedule  set  forth in  Schedule  1.  The  Committee's
      determination shall be final, conclusive, and binding upon the Participant
      and the Company.

            (b)   Issuance of Common Stock Earned.  The Common Stock issued with
      respect to a Performance  Share shall be issued to  Participant as soon as
      administratively  practicable after the certification and determination by
      the Committee of the number of shares earned,  but in any event,  shall be
      issued no later than the date that is two and one-half months from the end
      of (i) the Participant's tax year in which the Performance Period ends, or
      (ii)  the  Company's  tax  year in  which  the  Performance  Period  ends,
      whichever   occurs  later,  in  accordance   with  Proposed  Treas.   Reg.
      1.409A-1(b)(4)(i) (or any successor guidance); provided, however, that if,
      due to unforeseeable events, it is administratively impracticable to issue
      the shares of Common Stock within the time period provided in this Section
      2(b) or issuing the shares within the time period provided in this Section
      2(b) would  jeopardize  the solvency of the Company in any way, the shares
      shall be issued  as soon as  reasonably  practicable  in  accordance  with
      Proposed Treas. Reg. 1.409A-1(b)(4)(ii) (or any successor guidance).

            (c)   Vesting.  Except as otherwise  provided under the terms of the
      Plan or this Award, at the end of the  Performance  Period the Participant
      shall be fully vested in the Common Stock issuable per  Performance  Share
      in  accordance  with  the  level of  Performance  Goals  achieved.  If the
      Participant's  employment with or service for the Company terminates prior
      to the end of the  Performance  Period  for any  reason,  the  Performance
      Shares  shall  be  forfeited  by the  Participant  immediately  upon  such
      termination of employment or service.

                             Exhibit 1-Page 1 of 2
<PAGE>

      3.    Tax Withholding.

            (a)   The Participant  must deliver to the Company,  within ten (10)
      days after receiving notification from the Company as to the amount of tax
      withholding that is due (the "Tax Notice Date"),  either (i) cash, or (ii)
      a  certified  check  payable  to the  Company,  in the  amount  of all tax
      withholding obligations imposed on the Company by reason of the earning of
      the shares of Common Stock issuable hereunder.

            (b)   In lieu of paying the tax withholding  obligation as described
      in Subsection (a) above,  Participant  may elect to have the actual number
      of shares of Common  Stock  issuable  hereunder  reduced  by the number of
      whole  shares of Common Stock which,  when  multiplied  by the Fair Market
      Value of the Common  Stock on the date the Common Stock is issuable to the
      Participant,  is sufficient to satisfy the minimum  amount of the required
      tax  obligations  imposed on the  Company by reason of the  earning of the
      shares (the  "Withholding  Election").  Participant may make a Withholding
      Election only if all of the following conditions are met:

                  (i)   the  Withholding  Election  must be made within ten (10)
            days after the Tax Notice Date by executing  and  delivering  to the
            Company a properly  completed  Notice of  Withholding  Election,  in
            substantially the form of Exhibit 1 attached hereto; and

                  (ii)  any  Withholding  Election  made  will  be  irrevocable;
            however,  the Committee may, in its sole discretion,  disapprove and
            give no effect  to any  Withholding  Election,  in which  case,  the
            Committee  shall notify the Participant of such  disapproval  within
            ten (10) days of its  decision  and the  Participant  shall have ten
            (10) days after  receiving such  notification to deliver the payment
            required under Subsection (a) above.

      If the Participant  does not timely satisfy payment of the tax withholding
      obligation, the Participant will forfeit the Performance Shares.

      4.    Restrictions on Transfer of Performance Shares.

            (a)   Except for the transfer of any  Performance  Shares by bequest
      or inheritance,  the Participant's right to any Performance Shares may not
      be assigned,  transferred,  pledged or sold. Any such disposition not made
      in accordance with this Award shall be deemed null and void. Any permitted
      transferee under this Section shall be bound by the terms of this Award.

            (b)   No  holder  of  Common  Stock  issuable  hereunder  may  sell,
      transfer,  assign, pledge or otherwise dispose of (whether with or without
      consideration and whether  voluntarily or involuntarily or by operation of
      law) any interest in or any beneficial  interest in any such Common Stock,
      except (i)  pursuant  to an  effective  registration  statement  under the
      Securities Act of 1933  ("Securities  Act"), or (ii) in a transaction that
      fully complies with Rule 144 thereunder,  without first  delivering to the
      Company an

                             Exhibit 1-Page 2 of 2
<PAGE>

      opinion of counsel  (reasonably  acceptable  in form and  substance to the
      Company) that neither  registration nor qualification under the Securities
      Act and applicable  state  securities  laws is required in connection with
      such transfer.

      5.    Change in Control.

            (a)   Notwithstanding  the  provisions  of  Section 2 above,  in the
      event of a Change in Control  during the  Performance  Period but prior to
      the  Participant's  termination  of  employment  with the  Company  or its
      Affiliates,  all Performance  Shares shall become  immediately  vested and
      payable at a rate that is the greater of:

                  (1)   One share of Common Stock per Performance Share; or

                  (2)   The  number of shares  of Common  Stock per  Performance

            Share based upon the actual  performance of the Company with respect
            to the Performance  Goals for the portion of the Performance  Period
            ending immediately prior to the Change in Control.

            (b)   For purposes of this Award, "Change in Control" means:

                  (1)   The acquisition by any individual, entity or group
            (within  the  meaning  of  Section   13(d)(3)  or  14(d)(2)  of  the
            Securities Exchange Act of 1934, as amended (the "Exchange Act")) (a
            "Person") of beneficial  ownership (within the meaning of Rule 13d-3
            promulgated under the Exchange Act) of 30% or more of either (A) the
            then-outstanding   shares  of  common  stock  of  the  Company  (the
            "Outstanding Company Common Stock") or (B) the combined voting power
            of the then-outstanding voting securities of the Company entitled to
            vote  generally  in the  election  of  directors  (the  "Outstanding
            Company Voting Securities");  provided,  however, that, for purposes
            of this  Subsection  (b)(1),  the following  acquisitions  shall not
            constitute a Change of Control:  (i) any  acquisition  directly from
            the  Company,  (ii)  any  acquisition  by  the  Company,  (iii)  any
            acquisition  by  any  employee   benefit  plan  (or  related  trust)
            sponsored  or  maintained  by  the  Company  or  any  majority-owned
            subsidiary  of  the  Company,   or  (iv)  any   acquisition  by  any
            corporation  pursuant to a transaction that complies with Subsection
            (b)(3) below.

            (2)   Individuals  who, as of the date hereof,  constitute the Board
      of Directors (the "Incumbent  Board") cease, for any reason, to constitute
      at least a majority of the Board of Directors; provided, however, that any
      individual  becoming a director  subsequent to the date of the Award whose
      election,  or nomination for election by the Company's  stockholders,  was
      approved by a vote of at least two-thirds of the directors then comprising
      the Incumbent  Board shall be considered as though such  individual were a
      member of the Incumbent Board, but excluding,  for this purpose,  any such
      individual  whose  initial  assumption  of office occurs as a result of an
      actual or  threatened  election  contest  with  respect to the election or
      removal of directors or other actual or threatened solicitation of proxies
      or consents by or on behalf of a Person other than the Board of Directors.

                             Exhibit 1-Page 3 of 2

<PAGE>

            (3)   Consummation  of a  reorganization,  merger,  statutory  share
      exchange or consolidation or similar corporate  transaction  involving the
      Company or any of its subsidiaries,  a sale or other disposition of all or
      substantially  all of the assets of the  Company,  or the  acquisition  of
      assets  or  stock  of  another  entity  by  the  Company  or  any  of  its
      subsidiaries  (each,  a  "Business  Combination"),  in each  case  unless,
      following such Business  Combination,  (A) all or substantially all of the
      individuals   and  entities  that  were  the  beneficial   owners  of  the
      Outstanding  Company  Common  Stock  and the  Outstanding  Company  Voting
      Securities  immediately  prior to such Business  Combination  beneficially
      own, directly or indirectly,  more than 50% of the then-outstanding shares
      of common  stock and the  combined  voting  power of the  then-outstanding
      voting securities entitled to vote generally in the election of directors,
      as the  case may be,  of the  corporation  resulting  from  such  Business
      Combination  (including,  without  limitation,  a  corporation  that, as a
      result of such  transaction,  owns the Company or all or substantially all
      of  the  Company's   assets  either   directly  or  through  one  or  more
      subsidiaries)  in  substantially  the same  proportions as their ownership
      immediately prior to such Business  Combination of the Outstanding Company
      Common Stock and the Outstanding  Company Voting  Securities,  as the case
      may be,  (B) no Person  (excluding  any  corporation  resulting  from such
      Business  Combination  or any employee  benefit plan (or related trust) of
      the Company or such corporation  resulting from such Business Combination)
      beneficially owns, directly or indirectly,  30% or more of,  respectively,
      the then-outstanding  shares of common stock of the corporation  resulting
      from  such  Business  Combination  or the  combined  voting  power  of the
      then-outstanding  voting  securities  of such  corporation,  except to the
      extent that such ownership existed prior to the Business Combination,  and
      (C) at least a majority  of the members of the board of  directors  of the
      corporation  resulting from such Business  Combination were members of the
      Incumbent  Board at the time of the execution of the initial  agreement or
      of the  action  of the  Board of  Directors  providing  for such  Business
      Combination; or

                  (4)   Approval  by  the  stockholders  of  the  Company  of  a
      complete liquidation or dissolution of the Company.

      6.    Change in Capitalization.

            (a)   The  number  and  kind  of  shares   issued  with  respect  to
      Performance  Shares  shall be  proportionately  adjusted  to  reflect  any
      increase  or  decrease  in the  number  of issued  shares of Common  Stock
      resulting from a spin-off,  a subdivision or combination of shares, or the
      payment  of a stock  dividend  in  shares of Common  Stock to  holders  of
      outstanding  shares of Common  Stock or any other  increase or decrease in
      the number of shares of Common Stock  outstanding that is effected without
      receipt of  consideration  by the Company.  No fractional  shares shall be
      issued in making such adjustment.

            (b)   In  the  event  of  a  merger,  consolidation,   extraordinary
      dividend,  sale of  substantially  all of the  Company's  assets  or other
      material change in the capital structure of the Company, or a tender offer
      for shares of Common Stock,  or a Change in Control,  the Committee  shall
      take such action to make such adjustments with respect to the

                             Exhibit 1-Page 4 of 2
<PAGE>

      Common  Stock  which  would be issuable  with  respect to the  Performance
      Shares as are  appropriate  to  convert  the  Common  Stock  into the same
      consideration  per share of Common  Stock that applies to the Common Stock
      holders of the  Company,  including,  without  limitation,  adjusting  the
      number and class of securities subject to the Award, or substituting cash,
      other  securities,  or other property to replace the Award;  provided that
      such consideration  shall continue to be subject to the provisions of this
      Award.

            (c)   All  determinations  and  adjustments  made  by the  Committee
      pursuant to this Section will be final and binding on the Participant. Any
      action  taken by the  Committee  need not treat all  recipients  of awards
      under the Plan equally.

            (d)   The  existence  of the Plan and the Award shall not affect the
      right  or  power  of the  Company  to make or  authorize  any  adjustment,
      reclassification,  reorganization  or  other  change  in  its  capital  or
      business structure,  any merger or consolidation of the Company, any issue
      of debt or equity  securities  having  preferences or priorities as to the
      Common Stock or the rights thereof,  the dissolution or liquidation of the
      Company, any sale or transfer of all or part of its business or assets, or
      any other corporate act or proceeding.

      7.    Governing  Laws.  This Award shall be  construed,  administered  and
enforced according to the laws of the State of Delaware;  provided,  however, no
Common  Stock  shall  be  issued  except,  in  the  reasonable  judgment  of the
Committee,  in compliance with exemptions under applicable state securities laws
of  the  state  in  which  Participant  resides,  and/or  any  other  applicable
securities laws.

      8.    Successors.  This  Award  shall be  binding  upon  and  inure to the
benefit of the heirs, legal representatives,  successors,  and permitted assigns
of the parties.

      9.    Notice.  Except as otherwise specified herein, all notices and other
communications  under this Award shall be in writing and shall be deemed to have
been given if personally  delivered or if sent by registered or certified United
States  mail,  return  receipt  requested,  postage  prepaid,  addressed  to the
proposed  recipient at the last known  address of the  recipient.  Any party may
designate  any other  address to which notices shall be sent by giving notice of
the address to the other parties in the same manner as provided herein.

      10.   Severability. In the event that any one or more of the provisions or
portion  thereof  contained  in this  Award  shall for any  reason be held to be
invalid, illegal, or unenforceable in any respect, the same shall not invalidate
or otherwise  affect any other provisions of this Award, and this Award shall be
construed  as if the  invalid,  illegal or  unenforceable  provision  or portion
thereof had never been contained herein.

      11.   Entire  Agreement.  Subject to the terms and conditions of the Plan,
this Award expresses the entire  understanding and agreement of the parties with
respect to the subject matter.

                             Exhibit 1-Page 5 of 2
<PAGE>

      12.   Headings and Capitalized  Terms.  Paragraph headings used herein are
for convenience of reference only and shall not be considered in construing this
Award. Capitalized terms used, but not defined, in this Award shall be given the
meaning ascribed to them in the Plan.

      13.   Specific  Performance.  In the  event of any  actual  or  threatened
default in, or breach of, any of the terms,  conditions  and  provisions of this
Award,  the party or parties who are thereby  aggrieved  shall have the right to
specific  performance and injunction in addition to any and all other rights and
remedies  at law or in  equity,  and all  such  rights  and  remedies  shall  be
cumulative.

      14.   No Right to Continued  Retention.  Neither the  establishment of the
Plan nor the award of Performance  Shares hereunder shall be construed as giving
Participant the right to continued employment or service with the Company or any
Affiliate.

      15.   No  Shareholder  Rights.  Except as  specifically  set forth in this
Agreement,  the  Participant  shall not have  voting  or any  other  rights as a
shareholder  of the  Company  with  respect to the  Performance  Shares  awarded
hereunder.  The  Participant  will  obtain  full  voting  and other  rights as a
shareholder  of the Company upon the  settlement  of the  Performance  Shares in
Common Stock.

      16.   Acknowledgement.  Participant  acknowledges  that:  (a)  neither the
Company  nor any of the  Company's  affiliates,  officers,  members,  employees,
agents or representatives (each a "Related Person") has provided or is providing
the  undersigned  with tax advice  regarding  the receipt and  ownership  of the
Performance  Shares  or any  other  matter,  and the  Company  has  advised  the
Participant  to  consult  with his or her own tax  advisor  with  respect to the
income tax  consequences of receiving,  holding and disposing of the Performance
Shares and the shares of Common Stock  issuable  hereunder;  and (b) neither the
Company  nor any  Related  Person has  advised  the  Participant  to rely on any
determination by it or its  representatives  as to the current fair market value
of the Performance  Shares and the shares of Common Stock issuable hereunder and
will have no liability to the Participant if the actual fair market value of the
shares of Common Stock  issuable  hereunder  exceeds the amount that the Company
intends to use for tax reporting purposes.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                             Exhibit 1-Page 6 of 2Exhibit 10.57
                             RESTRICTED STOCK AWARD

                             C&D TECHNOLOGIES, INC.

      This  RESTRICTED  STOCK  AWARD  (the  "Award")  is made and  entered  into
effective  as of the 12th day of March,  2007 by and between  C&D  Technologies,
Inc.  (the  "Company"),   a  Delaware  corporation,   and  _______________  (the
"Participant").

      Upon  and  subject  to  the  Terms  and  Conditions  attached  hereto  and
incorporated  herein by  reference  as part of this Award,  the  Company  hereby
awards as of the Grant  Date  below to the  Participant  the  Restricted  Shares
described below in consideration of Participant's services to the Company.

      A.    Grant Date: March 12, 2007.

      B.    Plan (under which the Award is granted): The C&D Technologies,  Inc.
            2007 Stock Incentive Plan.

      C.    Restricted Shares: ____________ shares of the Company's common stock
            ("Common Stock"),  subject to adjustment as provided in the attached
            Terms and Conditions.

      D.    Vesting Schedule:  The Restricted Shares shall vest according to the
            Vesting  Schedule  attached  hereto as  Schedule  1. The  Restricted
            Shares which have become vested pursuant to the Vesting Schedule are
            herein referred to as the "Vested Shares."

      IN WITNESS  WHEREOF,  the Company and the  Participant  have executed this
Award as of the Grant Date set forth above.

                                      C&D TECHNOLOGIES, INC.
                                      By: /s/ ____________________
                                          President and Chief Executive Officer

                                      _____________________________________
                                      Signature of Participant

                                      Name:           Name
                                      SSN:            XXX-XX-9999
                                      Address:        Address
                                                      City, State Zip

<PAGE>

                           TERMS AND CONDITIONS TO THE
                     RESTRICTED STOCK AWARD PURSUANT TO THE
                C&D TECHNOLOGIES, INC. 2007 STOCK INCENTIVE PLAN

      1.    Restricted  Shares  Held by the  Share  Custodian.  The  Participant
hereby  authorizes  and directs  the  Company to deliver  any share  certificate
issued by the  Company to evidence  Restricted  Shares to the  Secretary  of the
Company  or such  other  officer  of the  Company  as may be  designated  by the
Committee (the "Share  Custodian") to be held by the Share  Custodian  until the
Restricted  Shares become Vested Shares in accordance with the Vesting Schedule.
When the  Restricted  Shares become Vested  Shares,  the Share  Custodian  shall
deliver  the  Restricted  Shares  to the  Participant.  In the  event  that  the
Participant  forfeits  any of the  Restricted  Shares,  and the number of Vested
Shares includes a fraction of a share, the Share Custodian shall not be required
to deliver the fractional  share,  and the Company may pay the  Participant  the
amount determined by the Company to be the estimated fair market value therefor.
The  Participant  hereby  irrevocably  appoints  the  Share  Custodian,  and any
successor thereto,  as the true and lawful  attorney-in-fact  of the Participant
with full power and  authority  to  execute  any stock  transfer  power or other
instrument  necessary  to  transfer  the  Restricted  Shares to the  Company  in
accordance with this Award, in the name,  place,  and stead of the  Participant.
The term of such  appointment  shall commence on the date of the Award and shall
continue  until the  Restricted  Shares  are  delivered  to the  Participant  as
provided  above.  In the event the number of shares of Common Stock is increased
or reduced by a change in the par value,  split-up,  stock split,  reverse stock
split, reclassification,  merger, reorganization,  consolidation,  or otherwise,
the Participant agrees that any certificate  representing shares of Common Stock
or other  securities  of the Company  issued as a result of any of the foregoing
shall be  delivered  to the Share  Custodian  and shall be subject to all of the
provisions of this Award as if initially granted thereunder.

      2.    Rights of a Shareholder.  During the period that the Share Custodian
holds the shares of Common Stock subject to Section 1, the Participant  shall be
entitled to all rights  applicable to shares of Common Stock not so held, except
as otherwise provided in this Award;  provided,  however, that dividends paid on
Restricted  Shares  that are not Vested  Shares  shall be  retained by the Share
Custodian and paid to the  Participant  only upon the vesting of the  Restricted
Shares associated with the dividends. The Company may require the Participant to
execute a stockholder  agreement to which stockholders are generally subject, if
any, as a condition to the issuance or delivery to him of a share certificate.

      3.    Tax Withholding.

            (a)   The  Participant  must deliver to the Company,  on or prior to

      the date on which any Restricted Shares become Vested Shares (the "Vesting
      Date"),  either cash or a certified  check payable to the Company,  in the
      amount of all tax withholding obligations imposed on the Company by reason
      of the vesting of the Restricted Shares;  provided,  however, in the event
      the Participant  makes an earlier  election  pursuant to Internal  Revenue
      Code Section 83(b) as to all or any portion of the Restricted  Shares, the
      Participant must deliver to the Company, within thirty (30) days of making
      the election,  either cash or a certified  check payable to the Company in
      the amount of all of the tax  withholding  obligations  (whether  federal,
      state or local) imposed on the Company by reason of the Participant making
      the election pursuant to Section 83(b).

                                       2
<PAGE>

            (b)   If the Participant does not make an election pursuant to Code
      Section  83(b),  in  lieu of  paying  the tax  withholding  obligation  as
      described in Section 3(a), Participant may elect to have the actual number
      of Vested  Shares  reduced by the number of whole  shares of Common  Stock
      which, when multiplied by the Fair Market Value of the Common Stock on the
      Vesting Date, is sufficient to satisfy the minimum  amount of the required
      tax  obligations  imposed on the  Company by reason of the  vesting of the
      Restricted  Shares (the  "Withholding  Election").  Participant may make a
      Withholding Election only if all of the following conditions are met:

                  (i)   the Withholding Election must be made on or prior to the
            Vesting Date by executing  and  delivering to the Company a properly
            completed Notice of Withholding  Election, in substantially the form
            of Exhibit 1 attached hereto; and

                  (ii)  any  Withholding  Election  made  will  be  irrevocable;
            however, the Compensation Committee of the Board of Directors of the
            Company (the  "Committee")  may, in its sole discretion,  disapprove
            and give no effect to any Withholding  Election,  in which case, the
            Committee  shall notify the Participant of such  disapproval  within
            ten (10) days of its  decision  and the  Participant  shall have ten
            (10) days after  receiving such  notification to deliver the payment
            required under Subsection (a) above.

      If the Participant  does not timely satisfy payment of the tax withholding
      obligation, the Participant will forfeit the Restricted Shares.

      4.    Restrictions  on  Transfer  of  Restricted  Shares.  Except  for the
transfer of any Restricted  Shares by bequest or inheritance,  the Participant's
right  to any  unvested  Restricted  Shares  may not be  assigned,  transferred,
pledged or sold.  Any such  disposition  not made in accordance  with this Award
shall be deemed null and void. Any permitted transferee under this Section shall
be bound by the terms of this Award.

      5.    Additional Restrictions on Transfer.

            (a)   Certificates evidencing the Restricted Shares shall have noted
      conspicuously  on the  certificate  a  legend  required  under  applicable
      securities  laws or otherwise  determined by the Company to be appropriate
      and reflective of the restrictions and other applicable  rights hereunder,
      such as:

                             TRANSFER IS RESTRICTED

            THE  SECURITIES   EVIDENCED  BY  THIS  CERTIFICATE  ARE  SUBJECT  TO
            RESTRICTIONS ON TRANSFER AND FORFEITURE  PROVISIONS WHICH ALSO APPLY
            TO THE  TRANSFEREE AS SET FORTH IN A RESTRICTED  STOCK AWARD,  DATED
            ___________, 200__, A COPY OF WHICH IS AVAILABLE FROM THE COMPANY.

                                       3
<PAGE>

            (b)   No holder of Vested Shares may sell, transfer,  assign, pledge
      or otherwise dispose of (whether with or without consideration and whether
      voluntarily  or  involuntarily  or by operation of law) any interest in or
      any beneficial  interest in any Vested  Shares,  except (i) pursuant to an
      effective   registration  statement  under  the  Securities  Act  of  1933
      ("Securities Act"), or (ii) in a transaction that fully complies with Rule
      144  thereunder,  without  first  delivering  to the Company an opinion of
      counsel (reasonably  acceptable in form and substance to the Company) that
      neither  registration  nor  qualification  under  the  Securities  Act and
      applicable  state  securities  laws is  required in  connection  with such
      transfer.

      6.    Change in Control.

            (a)   Notwithstanding  any other provisions to the contrary,  in the
      event of a Change in  Control  following  the Grant  Date but prior to the
      Participant's   termination   of  employment   with  the  Company  or  its
      Affiliates, any Restricted Shares which are not Vested Shares shall become
      immediately vested and payable upon the effective date of such event.

            (b)   For purposes of this Award, "Change in Control" means:

                  (1)   The  acquisition  by any  individual,  entity  or  group
      (within  the meaning of Section  13(d)(3)  or  14(d)(2) of the  Securities
      Exchange  Act of 1934,  as amended (the  "Exchange  Act")) (a "Person") of
      beneficial  ownership  (within the meaning of Rule 13d-3 promulgated under
      the Exchange Act) of 30% or more of either (A) the then-outstanding shares
      of common stock of the Company (the "Outstanding Company Common Stock") or
      (B) the combined voting power of the then-outstanding voting securities of
      the Company  entitled to vote  generally in the election of directors (the
      "Outstanding Company Voting  Securities");  provided,  however,  that, for
      purposes of this Subsection (b)(1),  the following  acquisitions shall not
      constitute  a Change of Control:  (i) any  acquisition  directly  from the
      Company, (ii) any acquisition by the Company, (iii) any acquisition by any
      employee  benefit plan (or related  trust)  sponsored or maintained by the
      Company  or any  majority-owned  subsidiary  of the  Company,  or (iv) any
      acquisition  by any  corporation  pursuant to a transaction  that complies
      with Subsection (b)(3) below.

                  (2)   Individuals  who, as of the date hereof,  constitute the
      Board of Directors  (the  "Incumbent  Board")  cease,  for any reason,  to
      constitute  at  least a  majority  of the  Board of  Directors;  provided,
      however, that any individual becoming a director subsequent to the date of
      the Award whose  election,  or  nomination  for election by the  Company's
      stockholders,  was  approved  by a  vote  of at  least  two-thirds  of the
      directors  then  comprising  the  Incumbent  Board shall be  considered as
      though  such  individual  were  a  member  of  the  Incumbent  Board,  but
      excluding,  for this purpose, any such individual whose initial assumption
      of office occurs as a result of an actual or threatened  election  contest
      with  respect to the  election or removal of  directors or other actual or
      threatened solicitation of proxies or consents by or on behalf of a Person
      other than the Board of Directors.

                                       4
<PAGE>

                  (3)   Consummation  of  a  reorganization,  merger,  statutory
      share exchange or consolidation or similar corporate transaction involving
      the Company or any of its subsidiaries, a sale or other disposition of all
      or substantially  all of the assets of the Company,  or the acquisition of
      assets  or  stock  of  another  entity  by  the  Company  or  any  of  its
      subsidiaries  (each,  a  "Business  Combination"),  in each  case  unless,
      following such Business  Combination,  (A) all or substantially all of the
      individuals   and  entities  that  were  the  beneficial   owners  of  the
      Outstanding  Company  Common  Stock  and the  Outstanding  Company  Voting
      Securities  immediately  prior to such Business  Combination  beneficially
      own, directly or indirectly,  more than 50% of the then-outstanding shares
      of common  stock and the  combined  voting  power of the  then-outstanding
      voting securities entitled to vote generally in the election of directors,
      as the  case may be,  of the  corporation  resulting  from  such  Business
      Combination  (including,  without  limitation,  a  corporation  that, as a
      result of such  transaction,  owns the Company or all or substantially all
      of  the  Company's   assets  either   directly  or  through  one  or  more
      subsidiaries)  in  substantially  the same  proportions as their ownership
      immediately prior to such Business  Combination of the Outstanding Company
      Common Stock and the Outstanding  Company Voting  Securities,  as the case
      may be,  (B) no Person  (excluding  any  corporation  resulting  from such
      Business  Combination  or any employee  benefit plan (or related trust) of
      the Company or such corporation  resulting from such Business Combination)
      beneficially owns, directly or indirectly,  30% or more of,  respectively,
      the then-outstanding  shares of common stock of the corporation  resulting
      from  such  Business  Combination  or the  combined  voting  power  of the
      then-outstanding  voting  securities  of such  corporation,  except to the
      extent that such ownership existed prior to the Business Combination,  and
      (C) at least a majority  of the members of the board of  directors  of the
      corporation  resulting from such Business  Combination were members of the
      Incumbent  Board at the time of the execution of the initial  agreement or
      of the  action  of the  Board of  Directors  providing  for such  Business
      Combination; or

                  (4)   Approval  by  the  stockholders  of  the  Company  of  a
      complete liquidation or dissolution of the Company.

      7.    Forfeiture. Except as otherwise provided under the terms of the Plan
or this Award, at the time of the  Participant's  termination of employment with
or service for the Company and its  Affiliates  for any reason,  any  Restricted
Shares  which  are not  Vested  Shares  shall be  forfeited  by the  Participant
immediately upon such termination of employment or service.

      8.    Change in Capitalization.

            (a)   The   number   and  kind  of   Restricted   Shares   shall  be
      proportionately  adjusted  for any  increase  or decrease in the number of
      issued shares of Common Stock resulting from a spin-off,  a subdivision or
      combination  of shares,  or the  payment of a stock  dividend in shares of
      Common Stock to holders of outstanding shares of Common Stock or any other
      increase or decrease in the number of shares of Common  Stock

                                       5
<PAGE>

      outstanding is effected  without receipt of  consideration by the Company.
      No fractional shares shall be issued in making such adjustment.

            (b)   In  the  event  of  a  merger,  consolidation,   extraordinary
      dividend,  sale of  substantially  all of the  Company's  assets  or other
      material change in the capital structure of the Company, or a tender offer
      for shares of Common Stock,  or a Change in Control,  the Committee  shall
      take such action to make such  adjustments  with respect to the Restricted
      Shares as are  appropriate to convert the Restricted  Shares into the same
      consideration  per share of Common  Stock that applies to the Common Stock
      holders of the  Company,  including,  without  limitation,  adjusting  the
      number and class of securities subject to the Award, or substituting cash,
      other  securities,  or other property to replace the Award;  provided that
      such consideration  shall continue to be subject to the provisions of this
      Award.

            (c)   All  determinations  and  adjustments  made  by the  Committee
      pursuant to this Section will be final and binding on the Participant. Any
      action  taken by the  Committee  need not treat all  recipients  of awards
      under the Plan equally.

            (d)   The  existence  of the Plan and the Award shall not affect the
      right  or  power  of the  Company  to make or  authorize  any  adjustment,
      reclassification,  reorganization  or  other  change  in  its  capital  or
      business structure,  any merger or consolidation of the Company, any issue
      of debt or equity  securities  having  preferences or priorities as to the
      Common Stock or the rights thereof,  the dissolution or liquidation of the
      Company, any sale or transfer of all or part of its business or assets, or
      any other corporate act or proceeding.

      9.    Governing  Laws.  This Award shall be  construed,  administered  and
enforced according to the laws of the State of Delaware;  provided,  however, no
Restricted  Shares shall be issued  except,  in the  reasonable  judgment of the
Committee,  in compliance with exemptions under applicable state securities laws
of  the  state  in  which  Participant  resides,  and/or  any  other  applicable
securities laws.

      10.   Successors.  This  Award  shall be  binding  upon  and  inure to the
benefit of the heirs, legal representatives,  successors,  and permitted assigns
of the parties.

      11.   Notice.  Except as otherwise specified herein, all notices and other
communications  under this Award shall be in writing and shall be deemed to have
been given if personally  delivered or if sent by registered or certified United
States  mail,  return  receipt  requested,  postage  prepaid,  addressed  to the
proposed  recipient at the last known  address of the  recipient.  Any party may
designate  any other  address to which notices shall be sent by giving notice of
the address to the other parties in the same manner as provided herein.

      12.   Severability. In the event that any one or more of the provisions or
portion  thereof  contained  in this  Award  shall for any  reason be held to be
invalid, illegal, or unenforceable in any respect, the same shall not invalidate
or otherwise  affect any other provisions of this Award, and this Award shall be
construed  as if the  invalid,  illegal or  unenforceable  provision  or portion
thereof had never been contained herein.

                                       6
<PAGE>

      13.   Entire  Agreement.  Subject to the terms and conditions of the Plan,
this Award expresses the entire  understanding and agreement of the parties with
respect to the subject matter.

      14.   Headings and Capitalized  Terms.  Paragraph headings used herein are
for convenience of reference only and shall not be considered in construing this
Award. Capitalized terms used, but not defined, in this Award shall be given the
meaning ascribed to them in the Plan.

      15.   Specific  Performance.  In the  event of any  actual  or  threatened
default in, or breach of, any of the terms,  conditions  and  provisions of this
Award,  the party or parties who are thereby  aggrieved  shall have the right to
specific  performance and injunction in addition to any and all other rights and
remedies  at law or in  equity,  and all  such  rights  and  remedies  shall  be
cumulative.

      16.   No Right to Continued  Retention.  Neither the  establishment of the
Plan nor the award of Restricted  Shares  hereunder shall be construed as giving
Participant the right to continued employment or service with the Company or any
Affiliate.

      17.   Acknowledgement.  Participant  acknowledges  that:  (a)  neither the

Company  nor any of the  Company's  affiliates,  officers,  members,  employees,
agents or representatives (each a "Related Person") has provided or is providing
the  undersigned  with tax advice  regarding  the receipt and  ownership  of the
Restricted  Shares  or any  other  matter,  and  the  Company  has  advised  the
Participant  to  consult  with his or her own tax  advisor  with  respect to the
income tax  consequences  of receiving,  holding and disposing of the Restricted
Shares (including whether to make an election under Code Section 83(b)); and (b)
neither the Company nor any Related  Person has advised the  Participant to rely
on any determination by it or its  representatives as to the current fair market
value of the Restricted  Shares and will have no liability to the Participant if
the actual fair market value of the  Restricted  Shares  exceeds the amount that
the Company intends to use for tax reporting purposes.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                       7
<PAGE>

                                   SCHEDULE 1

                             C&D TECHNOLOGIES, INC.
                             RESTRICTED STOCK AWARD

                                Vesting Schedule

I.    The Restricted Shares shall become vested in accordance with the following
      Vesting Schedule:

                                     Percentage of Restricted Shares
            Vesting Date                  Vesting on Vesting Date
            ------------                  -----------------------
           March 12, 2008                         25%
           March 12, 2009                         25%
           March 12 ,2010                         25%
           March 12, 2011                         25%

II.   The Participant shall become vested in the stated percentage of Restricted
      Shares on the specified date, as indicated by the above Vesting  Schedule;
      provided, however, that the Participant remains in continuous service with
      the Company or any Affiliate of the Company  measured from the Grant Date.
      Except as  provided  in  Section  III below,  if and when the  Participant
      experiences  a  termination  of  employment   with  the  Company  and  its
      Affiliates for any reason whatsoever,  any Restricted Shares which are not
      Vested Shares will be immediately forfeited.

III.  Notwithstanding  the provisions of Sections I or II above, in the event of
      the occurrence of any Change in Control following the Grant Date but prior
      to the  Participant's  termination of employment  with the Company and its
      Affiliates,   any  previously  unvested  Restricted  Shares  shall  become
      immediately  vested upon the  effective  date of such event in  accordance
      with Section 6 of the Award.

IV.   The  Vested  Shares  shall  be  issued  to  the  Participant  as  soon  as
      practicable  after vesting,  but in any event, no later than the date that
      is two and one-half months from the end of (i) Participant's tax year that
      includes the Vesting  Date,  or (ii) the  Company's tax year that includes
      the Vesting  Date,  whichever  occurs later,  in accordance  with Proposed
      Treas.  Reg.  1.409A-1(b)(4)(i)  (or any  successor  guidance);  provided,
      however,  that if, due to  unforeseeable  events,  it is  administratively
      impracticable  to issue the Vested Shares within the time period  provided
      in this Section IV or issuing the shares  within the time period  provided
      in this  Section IV would  jeopardize  the  solvency of the Company in any
      way,  the  shares  shall be issued as soon as  reasonably  practicable  in
      accordance with Proposed Treas. Reg.  1.409A-1(b)(4)(ii) (or any successor
      guidance).

                                   Schedule 1
<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00121-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00121-of-00352.parquet"}]]