Document:

EXHIBIT 10.8C

STATE
STREET CORPORATION

2006 EQUITY INCENTIVE PLAN

Restricted Stock Award Agreement

Subject
to your acceptance of the terms set forth in this agreement (the “Agreement”),
State Street Corporation (the “Company”) has awarded to you “restricted” shares
of common stock of the Company (“Stock”) (the “Award”), detailed in your Award statement
on this website maintained by Smith Barney (the “Statement”) and pursuant to
the State Street Corporation 2006 Equity Incentive Plan (the “Plan”) and the terms
set forth below.  A copy of the Plan
document and the Company’s Prospectus are located on this website for your
reference. The provisions of the Plan are incorporated herein by reference, and
all terms used herein shall have the meaning given to them in the Plan, except
as otherwise expressly provided herein. 
In the event of conflict between the provisions of the Agreement and the
provisions of the Plan, the provisions of the Plan shall control.

In
consideration of the Company’s accepting this Agreement and transferring to
you, the Award recipient, the shares of Stock provided for herein and in the
accompanying Statement, you hereby agree with the Company as follows:

1.                                       If certificates for the shares awarded
hereunder are issued, the certificates for any unvested shares shall be held by
the Company with blank stock powers to be used in the event of forfeiture.  If unvested shares are held in book entry
form, the Company may give stop transfer instructions to the depository to
ensure compliance with the provisions hereof. 
Subject to paragraph 3 and this paragraph 1, your right to unrestricted
shares shall vest according to the vesting schedule detailed in the
Statement.  The term “vest” as used
herein means the lapsing of the restrictions described herein and in the Plan
with respect to one or more shares of Stock. 
To vest in all or any portion of this Award as of any date, you must
have been continuously employed with the Company or any Subsidiary from and
after the date hereof and until (and including) the applicable vesting date,
except as otherwise provided herein.

2.                                       Except as provided below, this Award shall
not be transferable other than by will or the laws of descent and
distribution.  Any attempt by you (or in
the case of your death, by your beneficiary) to assign or transfer the Award,
either voluntarily or involuntarily, contrary to the provisions hereof, shall
be null and void and without effect and shall render the Award itself null and
void.

3.                                   (a) 
Except as provided for below, the Award shall vest according to the
vesting schedule detailed in your Statement.

(b)           In the event you cease to be employed by the
Company and its Subsidiaries either (i) voluntarily or (ii) involuntarily and
you are classified by the Company as ineligible for rehire (collectively, “Circumstances
of Forfeiture”), the Stock acquired hereunder, less any shares that have
previously vested, shall be immediately forfeited to the Company.

(c)            If your employment terminates by reason of
Retirement, Disability, or for reasons other than for Circumstances of
Forfeiture or death, your unvested shares of Stock shall continue to vest in
accordance with the vesting schedule detailed in your Statement subject to the
restrictions in paragraphs (f) and (g), below.

 

(d)           If you die after your employment has terminated by reason of
Retirement, Disability, or reasons other than Circumstances of Forfeiture but
before the Award is fully vested, all shares acquired hereunder that have not
previously vested or been forfeited shall immediately vest on the date of your
death.

(e)            If you die while employed by the Company and
it Subsidiaries, or in the event that a Change of Control as defined in the
Plan occurs while you are employed by the Company and its Subsidiaries, all
shares acquired hereunder that have not previously vested or been forfeited
shall immediately vest on the date of your death or such Change of Control.

(f)              Your rights to continue to vest in shares
after your termination of employment other than by reason of death or
Circumstances of Forfeiture shall be subject to the conditions that until any
such shares vest, you (i) shall not, without the prior written consent of the
Company, (A)(1) solicit, directly or indirectly (other than through a general
solicitation of employment not specifically directed to employees of the
Company and its Subsidiaries) the employment of, (2) hire or employ, (3)
recruit, or (4) in any way assist another in soliciting or recruiting the
employment of, or (B) induce the termination of the employment of, any person
who within the previous 12 months was an officer or principal of the Company or
any of its Subsidiaries; and (ii) shall not, without the prior written consent
of the Company, engage in the Solicitation of Business (as defined below) from
any client on behalf of any person or entity other than the Company and its
Subsidiaries.  The term “Solicitation of
Business” means the attempt through direct or indirect contact by you or by any
other person or entity with your assistance with a client with whom you has had
or with whom persons supervised by you have had significant personal contact
while employed by the Company and its Subsidiaries to induce such client to (A)
transfer its business from the Company and its Subsidiaries to any other person
or entity, (B) cease or curtail its business with the Company and its
Subsidiaries, or (C) divert a business opportunity from the Company and its
Subsidiaries to any other person or entity of the business with which you were
actively connected during your employment. 
If you do not comply with the above conditions, you shall forfeit any
remaining unvested shares under this Award. 
Any determination by the Administrator that you are, or have engaged in
any prohibited conduct, as described above, shall be conclusive and binding on
all persons.  Notwithstanding the
foregoing, this paragraph 3(f) shall become inapplicable following a Change of
Control.

(g)           You hereby (i) acknowledge that the shares of Stock issued to you under
the Agreement may be held in book entry form on the books of Computershare
Limited (or another institution specified by the Company), and irrevocably
authorize the Company to take such actions as may be necessary or appropriate
to effectuate a transfer of the record ownership of any such shares that are
unvested and forfeited hereunder, (ii) agree to deliver to the Company, as a
precondition to the issuance of any stock certificate or certificates with
respect to unvested shares of Stock hereunder, one or more stock powers,
endorsed in blank, with respect to such shares, and (iii) agree to sign such
other powers and take such other actions as the Company may reasonably request
to accomplish the transfer or forfeiture hereunder.

(h)           For purposes hereof, “Retirement” means your attainment of age 55 and
completion of 10 years of service with the Company and its Subsidiaries or your
attainment of age 65 and completion of five years of service with the Company
and its Subsidiaries, and “Disability” means (i) your inability to engage in
any substantially gainful activity by reason of any medically determinable
physical or mental impairment that can be expected to result in your death or
can be expected to last for a continuous period of not less than 12 months (an “impairment”)
or (ii) if you, as a result of the impairment, receive income replacement
benefits for a period of not less than 3 months under a State Street plan.

 2
 

 

4.                                 Any stock certificates representing unvested shares shall be held by
the Company, and any such certificate (and to the extent determined by the
Company, any other evidence of ownership of unvested shares) shall contain the
following legend:

THE
TRANSFERABILITY OF THIS CERTIFICATE AND THE SHARES OF STOCK REPRESENTED HEREBY
ARE SUBJECT TO THE TERMS AND CONDITIONS (INCLUDING FORFEITURE) OF THE STATE
STREET CORPORATION 2006 EQUITY INCENTIVE PLAN AND A RESTRICTED STOCK AWARD
AGREEMENT ENTERED INTO BETWEEN THE REGISTERED OWNER AND STATE STREET
CORPORATION.  COPIES OF SUCH PLAN AND
AGREEMENT ARE ON FILE IN THE OFFICES OF STATE STREET CORPORATION.

5.                                   As soon as practicable following the vesting
of any such shares the Company shall cause a stock certificate or certificates
covering such shares, without the aforesaid legend, to be issued and delivered
to you (or in the event of your death, to your designated beneficiary), subject
to paragraph 8, below.

6.                                     You shall be entitled to any and all
dividends or other distributions paid with respect to all shares of Stock
acquired hereunder which have not been forfeited or otherwise disposed of and
shall be entitled to vote any such shares; provided, however, that any property
(other than cash) distributed with respect to a share of Stock (the “associated
share”) acquired hereunder, including without limitation a distribution of
Stock by reason of a stock dividend, stock split or otherwise, or a
distribution of other securities with respect to an associated share, shall be
subject to the restrictions of this Agreement in the same manner and for so
long as the associated share remains subject to such restrictions, and shall be
promptly forfeited to the Company if and when the associated share is so
forfeited.

7.                                   You
understand that once a certificate bearing no legend has been delivered to you
in respect of shares of Stock acquired hereunder which have vested, you will be
free to sell the shares of Stock evidenced by such certificate, subject to
applicable requirements of federal and state securities laws.

8.                                       You
expressly acknowledge that the vesting of the shares of Stock acquired
hereunder will give rise to ordinary income, subject to tax withholding through
your local payroll.  The amount of income
realized will be the fair market value of the shares upon vesting when the
substantial risk of forfeiture lapses. 
You expressly acknowledge and agree that your rights hereunder are
subject to your paying to the Company in cash, or by selling shares of Stock
acquired hereunder, or by the delivery of previously acquired Stock, any
applicable  taxes required to be withheld
in connection with such vesting in a form and manner satisfactory to the
Company.

9.                                       You
also acknowledge that you may elect, within 30 days of the date of grant, under
Section 83(b) of the Code, to recognize income at the time of the Award.   If you make an 83(b) election, you must pay
tax withholding based on the fair market value of the shares on the date of the
Award.  If these shares are subsequently 

 3
 

 

forfeited, the taxes paid are forfeited, and you may not claim a loss
with respect to the income recognized or on the shares forfeited.

10.                                 By
your accepting this Agreement electronically, you will be deemed to have
acknowledged and agreed that you are bound by the terms of this Agreement and
the Plan, and it shall be deemed to have been accepted by the Company. This Agreement
shall take effect as a sealed instrument.

 4EXHIBIT 10.8D

STATE
STREET CORPORATION

2006 EQUITY INCENTIVE PLAN

Deferred Stock Award Agreement

Subject
to your acceptance of the terms set forth in this agreement (the “Agreement”),
State Street Corporation (the “Company”) has awarded you a contingent right to receive
the number of shares of Stock (the “Deferred Shares”) (the “Award”) detailed in
your Award statement on this website maintained by Smith Barney (the “Statement”)
and pursuant to the State Street Corporation 2006 Equity Incentive Plan (the “Plan”)
and the terms set forth below.  A copy of
the Plan document and the Company’s Prospectus are located on this website for
your reference.  The provisions of the
Plan are incorporated herein by reference, and all terms used herein shall have
the meaning given to them in the Plan, except as otherwise expressly provided
herein.  In the event of any conflict
between the provisions of this Agreement and the provisions of the Plan, the
provisions of the Plan shall control.

The
terms of your Award are as follows:

1.                                       Subject to paragraph 3 and this paragraph 1,
your right to receive shares of Stock shall vest according to the vesting
schedule detailed in your Statement.  The
term “vest” as used herein means the lapsing of the restrictions described
herein and in the Plan with respect to one or more shares of Stock.  To vest in all or any portion of this Award as
of any date, you must have been continuously employed with the Company or any Subsidiary
from and after the date hereof and until (and including) the applicable vesting
date, except as otherwise provided herein.

2.                                       Shares of Stock will be issued and
transferred to you only if and when all requirements of this Agreement have
been satisfied.  Prior to that time you
will have no rights as a shareholder with respect to the Deferred Shares.  Without limiting the foregoing, you will have
no right to receive dividends or amounts in lieu of dividends with respect to
the Deferred Shares and no right to vote the Deferred Shares.  The Company’s obligation to issue and
transfer Stock in the future pursuant to the Agreement is an unsecured and
unfunded contractual obligation.

3.           (a)                Except as provided for below, the Award shall
vest according to the vesting schedule detailed in your Statement.   Upon your becoming vested, the Company will
issue and transfer to you, upon or as soon as practicable following such dates,
the number of shares of Stock specified.

(b)           In the event you cease to be employed by the Company and its Subsidiaries
either (i) voluntarily or (ii) involuntarily and you are classified by the
Company as ineligible for rehire (collectively, “Circumstances of Forfeiture”),
you will immediately forfeit any and all rights to receive shares of Stock
under this Agreement, less any shares that have previously vested.

(c)            If your employment terminates by reason of Retirement,
Disability, or for reasons other than for Circumstances of Forfeiture or death,
your unvested right to receive

 1
 

 

shares of Stock shall
continue to vest in accordance with the vesting schedule detailed in your Statement
subject to the restrictions in paragraph (f), below.

(d)           If you die after your employment has terminated by reason of
Retirement, Disability, or reasons other than Circumstances of Forfeiture but
before the Award is fully vested, the Award shall become fully vested on the
date of your death.

(e)            If you die while employed by the Company and
it Subsidiaries, or in the event that a Change of Control as defined in the
Plan occurs while you are employed by the Company and its Subsidiaries, the
Company will promptly issue and deliver to you (or in the event of death, to
your beneficiary designated in accordance with the terms of the Plan) any
shares under this Award that you had not otherwise had a right to receive prior
to your death or such Change of Control.

(f)              Your rights to receive Deferred Shares after your
termination of employment other than by reason of death or Circumstances of
Forfeiture shall be subject to the conditions that until any such Deferred
Shares vest, you (i) shall not, without the prior written consent of the
Company, (A)(1) solicit, directly or indirectly (other than through a general
solicitation of employment not specifically directed to employees of the
Company and its Subsidiaries) the employment of, (2) hire or employ, (3)
recruit, or (4) in any way assist another in soliciting or recruiting the
employment of, or (B) induce the termination of the employment of, any person
who within the previous 12 months was an officer or principal of the Company or
any of its Subsidiaries; and (ii) shall not, without the prior written consent
of the Company, engage in the Solicitation of Business (as defined below) from
any client on behalf of any person or entity other than the Company and its
Subsidiaries.  The term “Solicitation of
Business” means the attempt through direct or indirect contact by you or by any
other person or entity with your assistance with a client with whom you has had
or with whom persons supervised by you have had significant personal contact
while employed by the Company and its Subsidiaries to induce such client to (A)
transfer its business from the Company and its Subsidiaries to any other person
or entity, (B) cease or curtail its business with the Company and its
Subsidiaries, or (C) divert a business opportunity from the Company and its
Subsidiaries to any other person or entity of the business with which you were
actively connected during your employment. 
If you do not comply with the above conditions, you shall forfeit any
remaining unvested Deferred Shares under this Award.  Any determination by the Administrator that
you are, or have engaged in any prohibited conduct, as described above, shall
be conclusive and binding on all persons. 
Notwithstanding the foregoing, this paragraph 3(f) shall become
inapplicable following a Change of Control.

(g)           For purposes hereof, “Retirement” means your attainment of age 55 and
completion of 10 years of service with the Company and its Subsidiaries or your
attainment of age 65 and completion of five years of service with the Company
and its Subsidiaries, and “Disability” means (i) your inability to engage in
any substantially gainful activity by reason of any medically determinable
physical or mental impairment that can be expected to result in your death or
can be expected to last for a continuous period of not less than 12 months (an “impairment”)
or (ii) if you, as a result of the impairment, receive income replacement
benefits for a period of not less than 3 months under a State Street plan.

 2
 

 

4.                                       You expressly acknowledge that the vesting of
the right to receive shares of Stock acquired hereunder may give rise to
ordinary income subject to withholding through your local payroll.  You expressly acknowledge and agree that your
rights hereunder are subject to your paying to the Company any applicable taxes
required to be withheld in connection with such vesting in a form and manner
satisfactory to the Company.

5.                                       The Company shall be obligated to issue Stock
pursuant to this Agreement only if you first deliver to the Company funds
sufficient to satisfy, or make other arrangements acceptable to the Company for
satisfying, any tax withholding or similar withholding obligations to which the
Company or its Subsidiaries may be subject by reason of such transfer of this Award.

6.                                       The number and kind of Deferred Shares
subject to this Award, and the number and kind of shares of Stock to be
delivered in satisfaction of the Company’s obligations hereunder, shall be
subject to adjustment in accordance with Section 7(b) of the Plan.

7.                                       Nothing in this Award shall be construed to
guarantee you any right of employment with the Company or any Subsidiary or to
limit the discretion of any of them to terminate your employment at any time,
with or without cause.

8.                                       This Award shall not be transferable other
than by will or the laws of descent and distribution.  Any attempt by you (or in the case of your
death, by your beneficiary) to assign or transfer the Award, either voluntarily
or involuntarily, contrary to the provisions hereof, shall be null and void and
without effect and shall render the Award itself null and void.

9.                                       By accepting this Award electronically, you
will be deemed to have acknowledged and agreed that you are bound by the terms
of this Agreement and the Plan.  The
Agreement will take effect as a sealed instrument.

 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00117-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00117-of-00352.parquet"}]]