Document:

EXHIBIT 10.8

	EXHIBIT 10.8  	

FORM OF RESTRICTED STOCK AWARD AGREEMENT FOR DIRECTORS HUBBELL INCORPORATED 2005 INCENTIVE AWARD PLAN, AS AMENDED AND RESTATED

Grant:

Grant Date:

Name:

Signature: _______________________________

Effective on the Grant Date you have been granted Restricted Stock of Hubbell Incorporated (the “Company”), in accordance with the provisions of the Hubbell Incorporated 2005 Incentive Award Plan, as amended and restated (the “Plan”) and subject to the restrictions, terms and conditions set forth herein.

Until vested, the Restricted Stock shall be subject to forfeiture and cancellation in the event of the termination of your service as a director of the Company for any reason, whether such termination is occasioned by you, by the Company, or by mutual agreement.

Until vested, the Restricted Stock or any right or interest therein are not transferable except by will or the laws of descent and distribution.

The Restricted Stock will vest and no longer be subject to the restrictions and forfeiture under this Agreement on the earliest of (i) the date of the regularly scheduled annual meeting of shareholders to be held in the year [____], (ii) your death, or (iii) a Change in Control.

You will be entitled to all dividends paid with respect to the Restricted Stock. You are entitled to vote all shares of Restricted Stock.

The Company shall cause the Restricted Stock to either (i) be issued and a stock certificate or certificates representing the Restricted Stock to be registered in your name, or (ii) held in book entry form promptly upon execution of this Agreement. If a stock certificate is issued, it shall be delivered to and held in custody by the Company until the applicable restrictions lapse at the times specified above, or such Restricted Stock is forfeited. If issued, each such certificate will bear the following legend:

THE SHARES OF STOCK REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO FORFEITURE AND THE TRANSFERABILITY OF THIS CERTIFICATE AND THE SHARES OF STOCK REPRESENTED HEREBY ARE SUBJECT TO THE RESTRICTIONS, TERMS AND CONDITIONS (INCLUDING RESTRICTIONS AGAINST TRANSFER) CONTAINED IN THE HUBBELL INCORPORATED 2005 INCENTIVE AWARD PLAN, AS AMENDED AND RESTATED, AND A RESTRICTED STOCK AWARD AGREEMENT DATED [______], ENTERED INTO BETWEEN THE REGISTERED OWNER OF SUCH SHARES AND HUBBELL INCORPORATED. A COPY OF THE AGREEMENT IS ON FILE IN THE OFFICE OF THE SECRETARY OF HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON, CT 06484.

If a certificate is issued, then following the vesting of any of your Restricted Stock, the Company will cause to be issued and delivered to you a new certificate evidencing such Restricted Stock, free of the legend provided above. If your Restricted Stock is held in book form, the Company will cause any restrictions noted on the book form to be removed.

The Company has the authority to deduct or withhold, or require you to remit to the Company, an amount sufficient to satisfy applicable federal, state, local and foreign taxes required by law to be withheld with respect to any taxable event arising from this Restricted Stock Award. You may satisfy your tax obligation, in whole or in part, by either: (i) electing to have the Company withhold shares of your Restricted Stock otherwise to be delivered with a Fair Market Value equal to the minimum amount of the tax withholding obligation, (ii) surrendering to the Company previously owned shares with a Fair Market Value equal to the minimum amount of the tax withholding obligation, (iii) withholding from other cash compensation, or (iv) paying the amount of the tax withholding obligation directly to the Company in cash; provided, however, that if the tax obligation arises during a period in which you are prohibited from trading under any policy of the Company or by reason of the Exchange Act, then the tax withholding obligation shall automatically be satisfied in accordance with subsection (i) of this paragraph.

Nothing in the Plan or this Agreement shall be interpreted to confer upon you the right to continue in the service of the Company.

This Restricted Stock Award is granted under and governed by the terms and conditions of the Plan. You acknowledge and agree that the Plan has been introduced voluntarily by the Company and in accordance with its terms it may be amended, cancelled, or terminated by the Company, in its sole discretion, at any time. The grant of a Restricted Stock Award under the Plan is a one-time benefit and does not create any contractual or other right to receive an award of Restricted Stock or benefits in lieu of Restricted Stock in the future. Future awards of Restricted Stock, if any, will be at the sole discretion of the Company, including, but not limited to, the timing of the award, the number of shares and vesting provisions. By execution of this Agreement, you consent to the provisions of the Plan and this Agreement. Defined terms used herein shall have the meaning set forth in the Plan, unless otherwise defined herein.

 

HUBBELL INCORPORATED

By: ______________________________Ex 10.1

EXHIBIT 10.1

CREDIT AGREEMENT AMENDMENT
THIS CREDIT AGREEMENT AMENDMENT, dated as of July 19, 2013 (this “Amendment”), by and among VeriFone, Inc., a Delaware corporation (“Borrower”), VeriFone Intermediate Holdings, Inc., a Delaware corporation (“Holdings”), the Lenders party hereto, and JPMorgan Chase Bank, N.A. (“Administrative Agent”), as Administrative Agent, relating to the CREDIT AGREEMENT dated as of December 28, 2011 and as amended on October 15, 2012 (as it may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”; the capitalized terms herein that are not otherwise defined being used herein as defined in the Credit Agreement), by and among the Borrower, Holdings, the Lenders party thereto from time to time, the Administrative Agent, and the other agents thereto.
RECITALS:
WHEREAS, reference is hereby made to the Credit Agreement, pursuant to which the Lenders have agreed to extend credit to the Borrower on the terms and conditions set forth therein; 
WHEREAS, the Borrower has requested that the Lenders amend Section 7.12(a) of the Credit Agreement, and the Lenders whose signatures appear below, constituting the Required Lenders, in order to effect the foregoing, are willing to amend the Credit Agreement (the Credit Agreement, as so amended, being referred to as the “Amended Credit Agreement”) on the terms and subject to the conditions set forth herein; 
WHEREAS, J.P. Morgan Securities LLC (the “Amendment Lead Arranger”), is the lead arranger for this Amendment; and
NOW, THEREFORE, in consideration of the premises and agreements, provisions and covenants herein contained, the parties hereto agree as follows:
Each Lender (i) confirms that it has received a copy of the Credit Agreement and the other Loan Documents, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Amendment; and (ii) agrees that it will, independently and without reliance upon the Administrative Agent or any other Lender or Agent and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement.
		
	1.
	Amendment of the Credit Agreement.  Effective as of the Amendment Effective Date (as defined below): 

		
	i.
	The definition of  “Cash on Hand” in Section 1.01 of the Credit Agreement is amended by deleting the words “the amount in excess of $200,000,000 of cash” on the first line in their entirety and replacing them with the words “the amount in excess of $130,000,000 of cash”; and

		
	ii.
	Section 7.12(a) of the Credit Agreement is amended to change the reference to “November 1, 2013” therein to “November 1, 2014”.

		
	2.
	Borrower's Certifications.  By its execution of this Amendment, the Borrower hereby certifies that as of the Amendment Effective Date:

		
	i.
	This Amendment has been duly executed and delivered by each Loan Party hereto and constitutes a legal, valid and binding obligation of each Loan Party hereto, enforceable against each Loan Party that is party hereto in accordance with its terms, except (i) as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally and (ii) that rights of acceleration and the availability of equitable remedies may be limited by equitable principles of general applicability (regardless of whether enforcement is sought by proceedings in equity or at law); 

		
	ii.
	The representations and warranties made by the Loan Parties in any Loan Document are true and correct in all material respects at and as of the Amendment Effective Date to the same extent as though made at and as of the Amendment Effective Date, provided that to the extent such representations and warranties specifically refer to an earlier date, in which case such representations and warranties were true and correct in all material respects on and as of such earlier date; provided further that, any representation and warranty that is qualified as to “materiality,” 

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“Material Adverse Effect” or similar language shall be true and correct (after giving effect to any qualification therein) in all respects; and
		
	iii.
	On and as of the Amendment Effective Date, no Default or Event of Default has occurred and is continuing.

		
	3.
	Conditions to Effectiveness.  This Amendment shall become effective, as of the date first above written, on the date (the “Amendment Effective Date”) on which each of the following conditions is satisfied:

		
	i.
	The Administrative Agent shall have received duly executed counterparts (which may include facsimile transmission or other electronic transmission of a signed counterpart of this Amendment) hereof that, when taken together, bear the authorized signatures of the Administrative Agent, the Borrower,  Holdings and Lenders constituting the Required Lenders; 

		
	ii.
	The Administrative Agent shall have received payment from the Borrower, for the account of each Lender that executes and delivers a counterpart signature page to this Amendment at or prior to 5:00 p.m., New York City time, on July 18, 2013 (the “Consent Deadline”), an amendment fee (the “Amendment Fee”) in an aggregate amount equal to 0.05% of the aggregate principal amount of the Term Loans and Revolving Commitments (whether used or unused) of such Lender outstanding at the Consent Deadline after giving effect to the prepayment of the Term Loans required to be made under Section 3(iii) of this Amendment.  The Amendment Fee shall be payable in immediately available funds and, once paid, such Amendment Fee or any part thereof shall not be refundable; and

		
	iii.
	The Borrower on the Amendment Effective Date shall have prepaid or substantially contemporaneously with the effectiveness of the Amendment prepay (i) Term A Loans in an aggregate principal amount of $20,000,000 and (ii) Term B Loans in an aggregate principal amount of $50,000,000.  

		
	4.
	Amendment, Modification and Waiver.  This Amendment may not be amended, modified or waived except by an instrument or instruments in writing signed and delivered on behalf of each of the parties hereto.

		
	5.
	Effect of Amendment.  

		
	i.
	Except as expressly set forth herein, this Amendment shall not by implication or otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Administrative Agent, the Agents or the Lenders under the Credit Agreement, the Amended Credit Agreement or any of the other Loan Documents, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement, the Amended Credit Agreement or any of the other Loan Documents, all of which are ratified and affirmed in all respects and shall continue in full force and effect.   Nothing herein shall be deemed to entitle the Borrower to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement, the Amended Credit Agreement or any of the other Loan Documents in similar or different circumstances.

		
	ii.
	On and after the Amendment Effective Date, any reference to the Credit Agreement in any Loan Document shall be deemed to be a reference to the Amended Credit Agreement.

		
	iii.
	This Amendment shall constitute a Loan Document for all purposes of the Amended Credit Agreement and each other Loan Document.

		
	6.
	GOVERNING LAW AND WAIVER OF JURY TRIAL.  Sections 10.17 and 10.18 of the Credit Agreement are incorporated herein mutatis mutandis with the reference to “Agreement” therein being deemed references to this Amendment.  

		
	7.
	Severability.  Any term or provision of this Amendment which is invalid or unenforceable in any jurisdiction shall, as to that jurisdiction, be ineffective to the extent of such invalidity or unenforceability without rendering invalid or unenforceable the remaining terms and provisions of this Amendment or affecting the validity or enforceability of any of the terms or provisions of this Amendment in any other jurisdiction.  If any provision of this Amendment is so broad as to be unenforceable, the provision shall be interpreted to be only so broad as would be enforceable.

		
	8.
	Headings.  The headings of the sections and subsections hereof are provided for convenience only and shall not in any way affect the meaning or construction of any provision of this Amendment. 

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	9.
	Counterparts.  This Amendment may be executed in counterparts, each of which shall be deemed to be an original, but all of which shall constitute one and the same agreement.

[Remainder of page intentionally left blank]

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IN WITNESS WHEREOF, each of the undersigned has caused its duly authorized officer to execute and deliver this Amendment as of the date first above written.

SIGNATURE PAGE TO THE CREDIT AGREEMENT 
AMENDMENT, DATED AS OF JULY 19, 2013, TO
THE CREDIT AGREEMENT, DATED AS OF
DECEMBER 28, 2011 AND AS AMENDED ON
OCTOBER 15, 2012, BY AND AMONG VERIFONE,
INC., VERIFONE INTERMEDIATE HOLDINGS,
INC., THE LENDERS PARTY THERETO, AND
JPMORGAN CHASE BANK, N.A., AS
ADMINISTRATIVE AGENT, AND THE OTHER
AGENTS THERETO.

JPMORGAN CHASE BANK, N.A., as Administrative
Agent, for and on behalf of the Required Lenders who
have consented hereto as provided in Section 10.01 of
the Credit Agreement and whose signature pages have
been received by the Borrower and the Administrative
Agent by 5:00 p.m. Eastern time on July 18, 2013

By:  /s/ Gerardo B. Loera            
Name: Gerardo B. Loera
Title:   Vice President

[Signature Page to VeriFone Credit Agreement Amendment]

VERIFONE, INC.
By:  /s/ Marc Rothman                
Name: Marc Rothman
Title: EVP & CFO
VERIFONE INTERMEDIATE HOLDINGS, INC.
By:  /s/ Marc Rothman                
Name: Marc Rothman
Title: EVP & CFO

[Signature Page to VeriFone Credit Agreement Amendment]

ACKNOWLEDGED BY:
VERIFONE MEDIA, LLC
By:  /s/ Marc Rothman            
Name: Marc Rothman
Title: EVP & CFO
GLOBAL BAY MEDIA TECHNOLOGIES INC.
By:  /s/ Marc Rothman            
Name: Marc Rothman
Title: EVP & CFO
HYPERCOM CORPORATION
By:  /s/ Marc Rothman            
Name: Marc Rothman
Title: EVP & CFO
HYPERCOM U.S.A., INC.
By:  /s/ Marc Rothman            
Name: Marc Rothman
Title: EVP & CFO

[Signature Page to VeriFone Credit Agreement Amendment]

JP. MORGAN CHASE BANK, N.A.
as Administrative Agent
By:  /s/ Gerardo B. Loera            
Name: Gerardo B. Loera
Title:   Vice President

[Signature Page to VeriFone Credit Agreement Amendment]

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