Document:

Form of Notice and Restricted Stock Unit Agreement

 Exhibit 10.341 
 THE CHARLES SCHWAB CORPORATION 
 2004 STOCK INCENTIVE PLAN 

NOTICE OF NON-EMPLOYEE DIRECTOR 
 DEFERRED COMPENSATION RESTRICTED STOCK UNIT GRANT 
 You have been granted
Restricted Stock Units. A Restricted Stock Unit represents the right to receive, subject to certain conditions, a share of Common Stock of The Charles Schwab Corporation (“Schwab”), under The Charles Schwab Corporation 2004 Stock
Incentive Plan (the “Plan”). Your Restricted Stock Units are granted subject to the following terms: 
  

			
	Name of Recipient:	  	
		
	Total Number of Restricted Stock Units Granted:	  	
		
	Grant Date:	  	
		
	Vesting Schedule:	  	These Restricted Stock Units are fully vested and non-forfeitable at all times.

 You and Schwab agree that these units are granted under and governed by the terms and conditions of the
Plan, The Charles Schwab Corporation Directors’ Deferred Compensation Plan II and the Restricted Stock Unit Agreement, which are made a part of this notice. Please review the Restricted Stock Unit Agreement carefully, as it explains the terms
and conditions of these units. You agree that Schwab may deliver electronically all documents relating to the Plan or these units (including, without limitation, prospectuses required by the Securities and Exchange Commission) and all other
documents that Schwab is required to deliver to its stockholders. Unless you provide written objection to Schwab within 30 days of your receipt of this notice, you agree to all of the terms and conditions of this notice, the restricted stock unit
agreement and the Plan. 

  
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 THE CHARLES SCHWAB CORPORATION 

2004 STOCK INCENTIVE PLAN 
 NON-EMPLOYEE DIRECTOR 
 DEFERRED COMPENSATION RESTRICTED STOCK UNIT
AGREEMENT 
  

			
	Vesting	  	 These restricted stock units have been issued under the Plan pursuant to your deferral election under The Charles Schwab Corporation Directors’ Deferred
Compensation Plan II (the “Deferred Compensation Plan”) and are fully vested and non-forfeitable at all times.

		
	Nature of Units	  	 Your units are mere bookkeeping entries. They represent only Schwab’s unfunded and unsecured promise to issue shares of Schwab Common Stock on a future
date. As a holder of units, you have no rights other than the rights of a general creditor of Schwab.

		
	Voting Rights and Dividend Rights	  	 Your units carry no voting rights. Any dividends paid on shares of Schwab Common Stock shall be credited to you as additional Restricted Stock Units.
Otherwise, you have no rights as a Schwab stockholder until your units are settled by issuing shares of Schwab Common Stock.

		
	Settlement of Units	  	 Your units will be settled in accordance with the terms of the Deferred Compensation Plan. At the time of settlement, you will receive one share of
Schwab’s Common Stock for each unit.

		
	Other Terms and Conditions	  	 Your units will be governed by all of the applicable terms and conditions of the Deferred Compensation Plan, which are made part of this
Agreement.

		
	Restrictions on Restricted Stock Units	  	 You may not sell, transfer, pledge or otherwise dispose of any Restricted Stock Units. Schwab will deliver Shares to
you in accordance with the terms of the Deferred Compensation Plan.
  
 Schwab may, in its sole discretion, allow you to transfer these Restricted Stock Units under a domestic relations order in settlement of marital or domestic property rights.

 
 In order to transfer these Restricted Stock Units, you
and the transferee(s) must execute the forms prescribed by Schwab, which include the consent of the transferee(s) to be bound by this Agreement.

		
	Delivery of Shares After	  	 In the event that Shares are distributable upon your death, the Shares will be delivered to your beneficiary or

  
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	Death	  	 beneficiaries. You may designate one or more beneficiaries by filing a beneficiary designation form. You may change your beneficiary designation by filing a
new form with Schwab at any time prior to your death. If you do not designate a beneficiary or if your designated beneficiary predeceases you, then your Shares will be delivered to your estate.

		
	Restrictions on Resale	  	 You agree not to sell any shares at a time when applicable laws, Schwab policies or an agreement between Schwab and its underwriters prohibit a sale. This
restriction will apply as long as your service continues and for such period of time after the termination of your service as Schwab may specify.

		
	Adjustments	  	 In the event of a stock split, a stock dividend or a similar change in Schwab stock, the number of your units will be adjusted accordingly, as Schwab may
determine pursuant to the Plan.

		
	The Plan and Other Agreements	  	 The text of the Plan and the Deferred Compensation Plan (the “Plans”) are incorporated in this Agreement by reference. This Agreement and the Plans
constitute the entire understanding between you and Schwab regarding these units. Any prior agreements, commitments or negotiations concerning these units are superseded. This Agreement may be amended only by another written agreement, signed by
both parties. If there is any inconsistency or conflict between any provision of this Agreement and the Plans, the terms of the Plans will control.

 BY ACCEPTING THIS GRANT, 
 YOU AGREE TO ALL OF THE TERMS AND CONDITIONS 
 DESCRIBED ABOVE AND IN THE
PLANS. 

  
 2Form of Notice and Retainer Stock Option Agreement

 Exhibit 10.342 

THE CHARLES SCHWAB CORPORATION 
 2004 STOCK INCENTIVE PLAN 
 NOTICE OF NON-EMPLOYEE DIRECTOR

 RETAINER STOCK OPTION GRANT 
 You have been granted the following option to purchase Common Stock of The Charles Schwab Corporation (“Schwab”) under the Charles Schwab Corporation 2004 Stock Incentive Plan (the
“Plan”): 
  

			
	Name of Recipient:	  	
		
	Total Number of Shares Granted:	  	
		
	Exercise Price per Share	  	
		
	Grant Date:	  	
		
	Expiration Date:	  	
		
	Vesting Schedule:	  	 So long as you continue as a non-employee director or an employee of Schwab or its subsidiaries and subject to the
terms of the Stock Option Agreement, you will acquire the right to exercise this option (become “vested” in this option) on the following dates and in the following amounts:

 
 Number of Options on Vesting
Date:

 You and Schwab agree that this option is granted under and governed by the terms and conditions of the
Plan and the Stock Option Agreement, both of which are made a part of this notice. Please review the Stock Option Agreement carefully, as it explains the terms and conditions of this option. You agree that Schwab may deliver electronically all
documents relating to the Plan or this option (including, without limitation, prospectuses required by the Securities and Exchange Commission) and all other documents that Schwab is required to deliver to its stockholders. Unless you provide written
objection to Schwab within 30 days of your receipt of this notice, you agree to all of the terms and conditions of this notice, the stock option agreement and the Plan. 

  
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 THE CHARLES SCHWAB CORPORATION 

2004 STOCK INCENTIVE PLAN 
 NON-EMPLOYEE DIRECTOR RETAINER STOCK OPTION AGREEMENT 
  

			
	Tax Treatment	  	 This option is a non-qualified stock option and is not intended to qualify as an incentive stock option under federal tax laws.

		
	Vesting	  	 This option becomes vested in installments as described in the Notice of Non-Employee Director Retainer Stock Option Grant. If you become a common-law employee
of Schwab or its subsidiaries, then this option will continue to vest as described in the Notice of Non-Employee Director Retainer Stock Option Grant so long as you continue as either a non-employee director or an employee of Schwab or its
subsidiaries.

		
	Accelerated Vesting	  	 This option will become fully exercisable if your service as a non-employee director terminates on account of your death, disability or retirement. If, prior to
the date your service terminates, Schwab is subject to a “change in control” (as defined in the Plan document), this option will become fully exercisable immediately preceding the change in control. If the Committee
determines that a change in control is likely to occur, Schwab will advise you and this option will become fully exercisable as of the date 10 days prior to the anticipated date of the change in control.

		
	Definition of Disability	  	 For all purposes of this Agreement, “disability” means that you are unable to engage in any substantial gainful activity by reason
of any medically determinable physical or mental impairment which has lasted, or can be expected to last, for a continuous period of not less than 12 months or which can be expected to result in death as determined by Schwab in its sole
discretion.

		
	Definition of Retirement	  	 For all purposes of this Agreement, “retirement” means your resignation or removal from the Board at any time after you have
attained age 70 or completed 5 years of service as a non-employee director.

		
	Exercise Procedures	  	 You or your representative may exercise this option by following the procedures prescribed by Schwab. If this option is being exercised by your representative,
your representative must furnish proof satisfactory to Schwab of your representative’s right to exercise this option. After completing the prescribed procedures, Schwab will cause to be issued the shares purchased, which will be registered in
the name of the person exercising this option.

		
	Forms of Payment	  	 When you submit your notice of exercise, you must pay the option exercise price for the shares you are purchasing. Payment may be made in one of the following
forms:

  
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		  	 •        Cash in your Schwab brokerage account in
an amount sufficient to cover the option exercise price of the shares and the required tax withholding (this exercise method is sometimes referred to as “Exercise and Hold”).

 

•        Shares of Schwab stock that are surrendered to Schwab.
These shares will be valued at their fair market value on the date when the new shares are purchased. (This exercise method is sometimes referred to as a “Stock Swap.”)

 

•        By delivery (in a manner prescribed by Schwab) of an
irrevocable direction to Charles Schwab & Co., Inc. to sell shares of Schwab stock (including shares to be issued upon exercise of this option) and to deliver all or part of the sale proceeds to Schwab in payment of all or part of the exercise
price. (This exercise method is sometimes referred to as “Exercise and Sell” or “Sell to Cover.”)

		
	Term	  	 This option expires no later than the 10th anniversary of the Grant Date but may expire earlier upon your termination of service, as described
below.

		
	Termination of Service as a Non-Employee Director	  	 This option will expire on the date three months following the date of your termination of service as a non-employee
director if such service terminates for any reason other than on account of becoming a common-law employee of Schwab or its subsidiaries, death, disability or retirement. The terms “disability” and “retirement” are defined
above.
  
 If you become an employee of Schwab or
its subsidiaries, this option will expire on the date three months following the date you cease to be an employee of Schwab and its subsidiaries (other than by reason of disability, death or retirement). If you cease to be a non-employee director or
an employee of Schwab and its subsidiaries by reason of your disability or death, then this option will expire on the first anniversary of the date of your death or disability.

 
 If you cease to be a non-employee director by reason of
your retirement, then this option will expire on the second anniversary of the date of your retirement.

		
	Restrictions on Exercise and Issuance or Transfer of Shares	  	You cannot exercise this option and no shares of Schwab stock may be issued under this option if the issuance of shares at that time would violate any applicable law, regulation or
rule. Schwab may impose restrictions upon the sale, pledge or other transfer of shares (including the placement of appropriate legends on stock certificates) if, in the judgment of Schwab and its counsel, such restrictions are necessary or desirable
to comply with applicable law, regulations or rules.

  
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	Stockholder Rights	  	You, or your estate or heirs, have no rights as a stockholder of Schwab until you have exercised this option by giving the required notice to the Company and paying the exercise
price. No adjustments are made for dividends or other rights if the applicable record date occurs before you exercise this option, except as described in the Plan.
		
	No Right to Remain Director or Employee	  	Nothing in this Agreement will be construed as giving you the right to be retained as a director or an employee of Schwab and its subsidiaries.
		
	Transfer of Option	  	 In general, only you may exercise this option prior to your death. You may not transfer or assign this option, except as provided below.
For instance, you may not sell this option or use it as security for a loan. If you attempt to do any of these things, this option will immediately become invalid.
  

You may dispose of this option in your will or in a beneficiary designation. You may designate one or more beneficiaries by filing a beneficiary
designation form. You may change your beneficiary designation by filing a new form with Schwab at any time prior to your death. If you do not designate a beneficiary or if your designated beneficiary predeceases you, then your options will be
exercisable by your estate.
  
 Schwab may, in its sole discretion, allow you
to transfer this option under a domestic relations order in settlement of marital or domestic property rights.
  
 In order to transfer this option, you and the transferee(s) must execute the forms prescribed by Schwab, which include the consent of the transferee(s) to be bound by this Agreement.

		
	Limitation on Payments	  	 If a payment from the Plan would constitute an excess parachute payment or if there have been certain securities law violations, then
your grant may be reduced or forfeited and you may be required to disgorge any profit that you have realized from your grant.
  

If a disqualified individual receives a payment or transfer under the Plan that would constitute an excess parachute payment under section 280G of the
Internal Revenue Code of 1986, as amended (the “Code”), such payment will be reduced, as described below. Generally, someone is a “disqualified individual” under section 280G if he or she is (a) an
officer of Schwab, (b) a member of the group consisting of the highest paid 1% of the employees of Schwab or, if less, the highest paid 250 employees of Schwab, or (c) a 1% stockholder of Schwab. For purposes of the section on “Limitation on
Payments,” the term “Schwab” will include affiliated corporations to the extent determined by the Auditors in accordance with section 280G(d)(5) of the Code.

  
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		  	In the event that the independent auditors most recently selected by the Schwab Board of Directors (the “Auditors”) determine that any payment or transfer in
the nature of compensation to or for your benefit, whether paid or payable (or transferred or transferable) pursuant to the terms of the Plan or otherwise (a “Payment”), would be nondeductible for federal income tax purposes
because of the provisions concerning “excess parachute payments” in section 280G of the Code, then the aggregate present value of all Payments will be reduced (but not below zero) to the Reduced Amount; provided, however, that the
Compensation Committee may specify in writing that the grant will not be so reduced and will not be subject to reduction under this section.
		
		  	For this purpose, the “Reduced Amount” will be the amount, expressed as a present value, which maximizes the aggregate present value of the Payments without
causing any Payment to be nondeductible by Schwab because of section 280G of the Code.
		
		  	 If the Auditors determine that any Payment would be nondeductible because of section 280G of the Code, then Schwab will promptly give
you notice to that effect and a copy of the detailed calculation and of the Reduced Amount. You may then elect, in your discretion, which and how much of the Payments will be eliminated or reduced (as long as after such election, the aggregate
present value of the Payments equals the Reduced Amount). You will advise Schwab in writing of your election within 10 days of receipt of the notice. If you do not make such an election within the 10-day period, then Schwab may elect which and how
much of the Payments will be eliminated or reduced (as long as after such election the aggregate present value of the Payments equals the Reduced Amount). Schwab will notify you promptly of its election. Present value will be determined in
accordance with section 280G(d)(4) of the Code. The Auditors’ determinations will be binding upon you and Schwab and will be made within 60 days of the date when a Payment becomes payable or transferable.

 
 As promptly as practicable following these determination and elections, Schwab will
pay or transfer to or for your benefit such amounts as are then due to you under the Plan, and will promptly pay or transfer to or for your benefit in the future such amounts as become due to you under the Plan.

  
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		  	As a result of uncertainty in the application of section 280G of the Code at the time of an initial determination by the Auditors, it is possible that Payments will have been
made by Schwab which should not have been made (an “Overpayment”) or that additional Payments which will not have been made by Schwab could have been made (an “Underpayment”), consistent in each case
with the calculation of the Reduced Amount. In the event that the Auditors, based upon the assertion of a deficiency by the Internal Revenue Service against you or Schwab which the Auditors believe has a high probability of success, determine that
an Overpayment has been made, such Overpayment will be treated for all purposes as a loan to you which you will repay to Schwab on demand, together with interest at the applicable federal rate provided in section 7872(f)(2) of the Code. However, no
amount will be payable by you to Schwab if and to the extent that such payment would not reduce the amount which is subject to taxation under section 4999 of the Code. In the event that the Auditors determine that an Underpayment has occurred, such
Underpayment will promptly be paid or transferred by Schwab to or for your benefit, together with interest at the applicable federal rate provided in section 7872(f)(2) of the Code.
		
	Claims Procedure	  	You may file a claim for benefits under the Plan by following the procedures prescribed by Schwab. If your claim is denied, generally you will receive written or electronic
notification of the denial within 90 days of the date on which you filed the claim. If special circumstances require more time to make a decision about your claim, you will receive notification of when you may expect a decision. You may appeal the
denial by submitting to the Plan Administrator a written request for review within 30 days of receiving notification of the denial. Your request should include all facts upon which your appeal is based. Generally, the Plan Administrator will provide
you with written or electronic notification of its decision within 90 days after receiving the review request. If special circumstances require more time to make a decision about your request, you will receive notification of when you may expect a
decision. The Plan Administrator has discretionary authority to construe the terms of the Plan and this Agreement and its determinations are conclusive and binding on all persons.
		
	Adjustments	  	In the event of a stock split, a stock dividend or a similar change in Schwab stock, the Compensation Committee shall adjust the number of shares covered by this option and the
exercise price per share.
		
	Severability	  	In the event that any provision of this Agreement is held invalid or unenforceable, the provision will be severable from, and such invalidity or unenforceability will not be
construed to have any effect on, the remaining provisions of this Agreement.
		
	Applicable Law	  	This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to their choice-of-law provisions), as such laws are applied to contracts
entered into and performed in Delaware.

  
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	The Plan and Other Agreements	  	The text of the Plan is incorporated in this Agreement by reference. This Agreement and the Plan constitute the entire understanding between you and Schwab regarding this option.
Any prior agreements, commitments or negotiations concerning this option are superseded. This Agreement may be amended only by another written agreement, signed by both parties. If there is any inconsistency or conflict between any provision of this
Agreement and the Plan, the terms of the Plan will control.

 BY ACCEPTING THIS OPTION GRANT, 

YOU AGREE TO ALL OF THE TERMS AND CONDITIONS 
 DESCRIBED ABOVE AND IN THE PLAN. 

  
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