Document:

[STANDARD FORM OF RESTRICTED STOCK AWARD AGREEMENT]

                BE AEROSPACE, INC. 2005 LONG-TERM INCENTIVE PLAN
                        RESTRICTED STOCK AWARD AGREEMENT

         THIS AWARD AGREEMENT (the "Award Agreement") is made effective as of
______________ (the "Date of Grant") between BE Aerospace, Inc., a Delaware
corporation (the "Company"), and _________________ (the "Participant").
Capitalized terms not otherwise defined herein shall have the same meanings as
in the BE Aerospace, Inc. 2005 Long-Term Incentive Plan (the "Plan").

         WHEREAS, the Company desires to grant the Restricted Stock provided for
herein to the Participant pursuant to the Plan and the terms and conditions set
forth herein;

         NOW THEREFORE, in consideration of the mutual covenants hereinafter set
forth, the parties agree as follows:

         1. Grant of the Award. Subject to the provisions of this Award
Agreement and the Plan, the Company hereby grants to the Participant, an
aggregate of ________________ shares of restricted stock (the "Restricted
Stock"), subject to adjustment as set forth in the Plan.

         2. Incorporation of Plan. The Participant acknowledges receipt of the
Plan, a copy of which is attached hereto and represents that he is familiar with
its terms and provisions. This Award Agreement and the Restricted Stock shall be
subject to the Plan, the terms of which are incorporated herein by reference,
and in the event of any conflict or inconsistency between the Plan and this
Award Agreement, the Plan shall govern.

         3. Vesting Schedule. Unless previously vested or canceled in accordance
with the provisions of the Plan or this Award Agreement, the shares of
Restricted Stock shall vest and shall no longer be subject to cancellation
pursuant to Section 4 or the transfer restrictions set forth in Section 7 as
follows: one hundred percent (100%) will vest on the second anniversary of the
Date of Grant.

         4. Termination of Employment. In the event of the Participant's
termination of employment with the Company prior to the vesting of all shares of
Restricted Stock hereunder for any reason other than death or Disability, all
unvested shares of Restricted Stock shall be cancelled immediately without
consideration as of the date of such termination.

         5. Death or Disability. If, prior to the vesting of all shares of
Restricted Stock hereunder, the Participant's employment with the Company
terminates due to death or Disability, all of the unvested shares of Restricted
Stock shall vest immediately and shall no longer be subject to cancellation
pursuant to Section 4 or the transfer restrictions set forth in Section 7.

<PAGE>

         6. Change in Control. Upon a Change in Control prior to the vesting of
all shares of Restricted Stock hereunder, all of the unvested shares of
Restricted Stock shall vest immediately and shall no longer be subject to
cancellation pursuant to Section 4 or the transfer restrictions set forth in
Section 7.

         7. Nontransferability of Restricted Stock. Unless otherwise determined
by the Committee, the Restricted Stock may not be transferred, pledged,
alienated, assigned or otherwise attorned other than by last will and testament
or by the laws of descent and distribution or pursuant to a domestic relations
order, as the case may be; provided, however, that the Committee may, subject to
such terms and conditions as it shall specify, permit the transfer of Restricted
Stock for no consideration to a Permitted Transferee. Any shares of Restricted
Stock transferred to a Permitted Transferee shall be further transferable only
by last will and testament or the laws of descent and distribution or, for no
consideration, to another Permitted Transferee of the Participant.

         8. Rights as a Stockholder. The Participant shall have, with respect to
the Restricted Stock, all the rights of a stockholder of the Company, including,
if applicable, the right to vote the Restricted Stock and to receive any
dividends or other distributions, subject to the restrictions set forth in the
Plan and this Award Agreement.

         9. Dividends and Distributions. Any cash, Common Stock or other
securities of the Company or other consideration received by the Participant as
a result of a distribution to holders of Restricted Stock or as a dividend on
the Restricted Stock shall be subject to the same restrictions as the Restricted
Stock, and all references to Restricted Stock hereunder shall be deemed to
include such cash, Common Stock or other securities or consideration.

         10. Legend on Certificates. The Committee may cause a legend or legends
to be put on certificates representing the Common Stock underlying the
Restricted Stock to make appropriate reference to such restrictions as the
Committee may deem advisable under the Plan or as may be required by the rules,
regulations, and other requirements of the Securities and Exchange Commission,
any exchange that lists the Common Stock, and any applicable federal or state
laws.

         11. Conditions to Delivery of Common Stock Certificates. The Company
shall not be required to deliver any certificate or certificates for shares of
Common Stock pursuant to this Agreement prior to fulfillment of all of the
following conditions:

         (a) The obtaining of any approval or other clearance from any state or
federal governmental agency which the Committee determines to be necessary or
advisable; and

         (b) The lapse of such reasonable period of time as the Committee may
from time to time establish for reasons of administrative convenience.

         12. Physical Custody. The Restricted Stock may be issued in certificate
form or electronically in "book entry". The Secretary of the Company or such
other representative as the Committee may appoint shall retain physical custody
of each certificate representing Restricted Stock until all of the restrictions
imposed under this Award Agreement with respect to the shares evidenced by such
certificate expire or are removed. In no event shall the Participant

                                       2

<PAGE>

retain physical custody of any certificates representing unvested Restricted
Stock assigned to Participant.

         13. No Entitlements.

         (a) No Right to Continued Employment. This award is not an employment
agreement, and nothing in this Award Agreement or the Plan shall (i) alter the
Participant's status as an "at-will" employee of the Company, (ii) be construed
as guaranteeing the Participant's employment by the Company or as giving the
Participant any right to continue in the employ of the Company during any period
(including without limitation the period between the Date of Grant and the
applicable vesting date in accordance with Section 3) or (iii) be construed as
giving the Participant any right to be reemployed by the Company following any
termination of Employment.

         (b) No Right to Future Awards. This award of Restricted Stock and all
other equity-based awards under the Plan are discretionary. This award does not
confer on the Participant any right or entitlement to receive another award of
Restricted Stock or any other equity-based award at any time in the future or in
respect of any future period.

         (c) No Effect on Future Employment Compensation. The Company has made
this award of Restricted Stock to the Participant in its sole discretion. This
award does not confer on the Participant any right or entitlement to receive
compensation in any specific amount for any future fiscal year, and does not
diminish in any way the Company's discretion to determine the amount, if any, of
the Participant's compensation. In addition, this award of Restricted Stock is
not part of the Participant's base salary or wages and will not be taken into
account in determining any other employment-related rights the Participant may
have, such as rights to pension or severance pay.

         14. Taxes and Withholding. No later than the date as of which an amount
with respect to the Restricted Stock first becomes includable in the gross
income of the Participant for applicable income tax purposes, the Participant
shall pay to the Company or make arrangements satisfactory to the Committee
regarding payment of any federal, state or local taxes of any kind required by
law to be withheld with respect to such amount. Unless otherwise determined by
the Committee, in accordance with rules and procedures established by the
Committee, the minimum required withholding obligations may be settled in Common
Stock, including Common Stock that is part of the award that gives rise to the
withholding requirement. The obligations of the Company to deliver the
certificates for shares of Common Stock under this Award Agreement shall be
conditional upon such payment or arrangements and the Company shall, to the
extent permitted by law, have the right to deduct any such taxes from any
payment of any kind otherwise due to the Participant.

         15. Section 83(b) Election. If, within 30 days of the Date of Grant,
the Participant makes an election under Section 83(b) of the Code, or any
successor section thereto, to be taxed with respect to all or any portion of the
Restricted Stock as of the date of transfer of the Restricted Stock rather than
as of the date or dates upon which the Participant would otherwise be taxable
under Section 83(a) of the Code, the Participant shall deliver a copy of such

                                       3

<PAGE>

election to the Company immediately after filing such election with the Internal
Revenue Service.

         16. Securities Laws. In connection with the grant or vesting of the
Restricted Stock the Participant will make or enter into such written
representations, warranties and agreements as the Committee may reasonably
request in order to comply with applicable securities laws or with this Award
Agreement.

         17. Miscellaneous Provisions.

         (a) Notices. Any notice necessary under this Award Agreement shall be
addressed to the Company in care of its Secretary at the principal executive
office of the Company and to the Participant at the address appearing in the
records of the Company for the Participant or to either party at such other
address as either party hereto may hereafter designate in writing to the other.
Any such notice shall be deemed effective upon receipt thereof by the addressee.

         (b) Headings. The headings of sections and subsections are included
solely for convenience of reference and shall not affect the meaning of the
provisions of this Award Agreement.

         (c) Counterparts. This Award Agreement may be executed in two or more
counterparts, each of which shall be deemed to be an original but all of which
together will constitute one and the same instrument.

         (d) Entire Agreement. This Award Agreement and the Plan constitute the
entire agreement between the parties hereto with regard to the subject matter
hereof. They supersede all other agreements, representations or understandings
(whether oral or written and whether express or implied) that relate to the
subject matter hereof.

         (e) Amendments. The Board or the Committee shall have the power to
alter, amend, modify or terminate the Plan or this Award Agreement at any time;
provided, however, that no such termination, amendment or modification may
adversely affect, in any material respect, the Participant's rights under this
Award Agreement without the Participant's consent. Notwithstanding the
foregoing, the Company shall have broad authority to amend this Award Agreement
without the consent of the Participant to the extent it deems necessary or
desirable (i) to comply with or take into account changes in or interpretations
of, applicable tax laws, securities laws, employment laws, accounting rules and
other applicable laws, rules and regulations, (ii) to ensure that the Restricted
Stock is not subject to interest and penalties under Section 409A of the Code,
(iii) to take into account unusual or nonrecurring events or market conditions,
or (iv) to take into account significant acquisitions or dispositions of assets
or other property by the Company. Any amendment, modification or termination
shall, upon adoption, become and be binding on all persons affected thereby
without requirement for consent or other action with respect thereto by any such
person. The Committee shall give written notice to the Participant of any such
amendment, modification or termination as promptly as practicable after the
adoption thereof. The foregoing shall not restrict the ability of the
Participant and the

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<PAGE>

Company by mutual consent to alter or amend the terms of the Restricted Stock in
any manner that is consistent with the Plan and approved by the Committee.

         (f) Successor. Except as otherwise provided herein, this Award
Agreement shall be binding upon and shall inure to the benefit of any successor
or successors of the Company, and to any Permitted Transferee pursuant to
Section 7.

         (g) Choice of Law. Except as to matters of federal law, this Award
Agreement and all actions taken thereunder shall be governed by and construed in
accordance with the laws of the State of Delaware (other than its conflict of
law rules).

         IN WITNESS WHEREOF, the parties hereto have executed this Agreement.

                                     BE AEROSPACE, INC.

                                     By:
                                          ------------------------------------
                                          Name: Amin Khoury
                                          Title:   Chairman of the Board

<PAGE>

                          ELECTION UNDER SECTION 83(b)
                      OF THE INTERNAL REVENUE CODE OF 1986

                  The undersigned taxpayer hereby elects, pursuant to Section
83(b) of the Internal Revenue Code of 1986, as amended, to include in gross
income for 2006 the amount of any compensation taxable in connection with the
taxpayer's receipt of the property described below:

                  1. The name, address, taxpayer identification number and
taxable year of the undersigned are:

         TAXPAYER'S NAME:
                                            ------------------------------------

         SPOUSE'S NAME:
                                            ------------------------------------

         TAXPAYER'S SOCIAL SECURITY NO.:
                                            ------------------------------------

         SPOUSE'S SOCIAL SECURITY NO.:
                                            ------------------------------------

         TAXABLE YEAR:
                                            ------------------------------------

         ADDRESS:
                                            ------------------------------------

                                            ------------------------------------

         2. The property which is the subject of this election is    shares of
Common Stock of BE Aerospace, Inc.

         3. The property was transferred to the undersigned on

         4. The property is subject to the following restrictions: The shares of
Common Stock are subject to cancellation if unvested as of the date of
termination of service other than for death or disability and are
nontransferable until vested.

         5. The fair market value of the property at the time of transfer
(determined without regard to any restriction other than a restriction which by
its terms will never lapse) is: $    per share x ________ shares = $ _________.

         6. The undersigned paid $    per share x ________ shares for the
property transferred or a total of $

         The undersigned has submitted a copy of this statement to the person
for whom the services were performed in connection with the undersigned's
receipt of the above-described property. The undersigned taxpayer is the person
performing the services in connection with the transfer of said property.

         The undersigned will file this election with the Internal Revenue
Service office to which he files his annual income tax return not later than 30
days after the date of transfer of the property. A copy of the election also
will be furnished to the person for whom the services were

                                       6

<PAGE>

performed.  Additionally, the undersigned will include a copy of the election
with his income tax return for the taxable year in which the property is
transferred. The undersigned understands that this election will also be
effective as an election under ___________ law.

Dated:
        -------------------------         --------------------------------------

                                                          Taxpayer

The undersigned spouse of taxpayer joins in this election.

Dated:
        -------------------------         --------------------------------------

                                                    Spouse of TaxpayerEX-10.1

 

Exhibit 10.1

November 15, 2006

Mr. Anthony Zappa

c/o BioScrip, Inc.

10050 Crosstown Circle

Eden Prairie, MN 55344

Re: Employment Terms

Dear Tony:

     This letter sets forth the revised terms of your employment with BioScrip, Inc. (the
“Company”) as a result of your transition from Executive Vice President of Community Pharmacy
Operations to a more strategic role focusing on expanding opportunities for the Company’s community
pharmacies in the HIV and transplant markets. Since your position would be internal, you would not
retain your position as an officer of the Company. You will remain employed by the Company in this
role through January 31, 2007 unless you voluntarily resign your employment or your employment is
terminated for Cause. Cause shall have the same meeting as set forth in your July 24, 2006 letter
from Barry A. Posner, titled “Severance Agreement.” Your employment through January 31, 2007 shall
be at your current salary level and will continue to report directly to the Company’s Chief
Executive Officer. In addition, you will also continue to be covered under all benefits programs
you are currently enrolled in.

     Upon your departure from the Company on January 31, 2007 or upon the earlier termination of
your employment you will be entitled to receive severance payments equal to eight (8) months of
salary at your then current salary level, payable in accordance with the Company’s then applicable
payroll practices and subject to all applicable federal, state and local withholding. You will
also be entitled to maintain health insurance under the Company’s group medical and dental
insurance plans to the extent, if any, permitted under the Consolidated Omnibus Budget
Reconciliation Act of 1986, as amended (“COBRA”). The Company shall reimburse you for the value of
any COBRA premiums that would be incurred for health insurance for Employee and Employee’s
dependents on the date of termination of your employment with the Company for the one-year period
following such date, less any amounts that would have been required to be withheld by the Company
as an employee contribution towards the cost of such insurance had you remained employed by the
Company after January 2007. To the extent you elect not to continue health coverage under the
Company’s group medical and dental insurance plans, the Company will make a lump sum payment to you
in an

 

 

Mr. Anthony Zappa

November 15, 2006

Page 2

amount equal to the cost to the Company for such insurance had you elected to remain insured
under such plans.

     In accordance with the terms of the Company’s bonus program, if you remain employed with the
Company through December 31, 2006, you may receive a bonus based on 2006 performance and in
accordance with the approved plan parameters. To this end you have a bonus target of $57,000,
payment of which is subject to the completion of a viable action plan for expanding the Company’s
opportunities in the HIV and transplant markets in 2007, and subject to approval of the plan by the
Company’s Chief Executive Officer. Should the Company determine you have not completed a viable
action plan for expanding the Company’s opportunities in the HIV and transplant markets in 2007 it
will inform you of the specific deficiencies within five business days of receiving your action
plan and provide you 10 business days to cure the deficiencies. Notwithstanding the foregoing, the
action plan shall be completed on or before December 15, 2006.

     In addition to the payments described above, at the next payroll date following your departure
you shall be entitled to receive payment for all vacation days accrued and unused as of such date.

     As a condition to your receipt of the payments outlined in this letter, you shall execute a
General Release substantially in the form as set forth in Exhibit A.

     Except for the payments and benefits to be made or provided to you as described herein, you
acknowledge and agree that upon your departure from the Company you will not be entitled to any
other payments, benefits, or compensation of any kind by the Company. This letter supersedes and
replaces the severance letter agreement between the Company and yourself dated as of July 24, 2006,
which shall be of no further force and effect.

 

 

Mr. Anthony Zappa

November 15, 2006

Page 3

     If you accept the terms of this letter agreement, please indicate so by signing in the space
provided.

	 	 	 	 	 
	 	 	Very truly yours,
	 
	 	 	 	 
	 	 	BioScrip, Inc.
	 
	 	 	 	 
	 
	 	 	 	 
	 

	 	By:	 	/s/
Barry A. Posner
	 

	 	 	 	 
	 

	 	 	 	Barry A. Posner,

EVP and General Counsel
	 
	 	 	 	 
	 
	 	 	 	 
	Accepted and Agreed to this

17th Day of November 2006
	 	 	 	 
	 
	 	 	 	 
	   /s/
Anthony Zappa
	 	 	 	 
	 
Anthony Zappa
	 	 	 	 

 

 

EXHIBIT A

Waiver and Release Agreement

I hereby unconditionally and irrevocably release, waive and forever discharge BioScrip, Inc.
(“BioScrip”), its divisions, subsidiaries and affiliates, and each of their respective officers,
directors, employees, successors and assigns (collectively, the “Released Parties”), from ANY and
ALL causes of action, claims and damages, including attorneys’ fees, whether known or unknown,
foreseen or unforeseen, presently asserted or otherwise, which have or could have arisen to date
out of my employment or separation from employment with BioScrip. This Waiver and Release
(“Release”) includes, but is not limited to, any claim, right or entitlement to pay, benefits or
damages arising under any federal law (including but not limited to Title VII of the Civil Rights
Acts of 1964, the Age Discrimination in Employment Act (“ADEA”), the Employee Retirement Income
Security Act, the Americans with Disabilities Act, and the Family and Medical Leave Act); any claim
arising under state anti-discrimination laws or local ordinances or regulations and any claim
arising under any common law principle or public policy, including all suits in tort or contract,
or under the personnel policies of BioScrip. I am not waiving any other claims or rights which
cannot be waived by law, including the right to file an administrative charge of discrimination; I
am, however, waiving the right to monetary recovery in connection with any such charge.

I understand that in consideration of my executing this Waiver and Release, I will receive the
payments set forth in that certain letter agreement dated November 2, 2006 between BioScrip and
myself.

I also understand that as further consideration for signing this Waiver and Release I will be
released from the non-competition covenants previously agreed to by myself in connection with my
employment with BioScrip; provided, however, that I will remain obligated to comply with the
covenants prohibiting the solicitation of customers and employees and the covenants prohibiting the
disclosure of confidential information set forth in the Restrictive Covenants.

I agree, upon reasonable notice, to furnish such information and proper assistance to a Released
Party as may reasonably be required in connection with any threatened or actual litigation or other
judicial or administrative proceedings in which any Released Party is, or may become, involved
(whether as a party, witness, or otherwise) and BioScrip will reimburse me for all reasonable
out-of-pocket expenses incurred in connection with such activity upon submission of receipts or
other supporting documentation in accordance with the then customary practices of BioScrip.

I agree not to disparage BioScrip or any other Released Party to any third party, either orally or
in writing. I also promise not to sue BioScrip or any other Released Party for any released claim,
except that I may bring a lawsuit under the ADEA to challenge the validity of this Release under
that law. If I violate this covenant not to sue, other than by challenging the validity of this
Release under the ADEA, I will be required to pay all defense costs incurred by BioScrip or a
Released Party (as applicable), including its reasonable attorneys’ fees; alternatively, at
BioScrip’s option, I will be required to pay back to BioScrip upon demand all but $100 of the
severance pay and other benefits I received in connection with this Release, as liquidated damages.

I am signing this Waiver and Release knowingly and voluntarily. I acknowledge that:

	(1)	 	I have been advised in writing to consult an attorney before signing this Waiver and Release;
	 
	(2)	 	I have relied solely on my own judgment and/or that of my attorney regarding the
consideration for and the terms of this Waiver and Release;

 

 

	(3)	 	the severance payment which I will receive for signing this Release is consideration in
addition to anything to which I am otherwise entitled;
	 
	(4)	 	I have been given at least twenty-one (21) days to consider this Waiver and Release, and an
additional seven (7) days after signing to revoke it in writing;
	 
	(5)	 	I have read and understand this Waiver and Release and further understand that it includes a
general release of any and all known and unknown claims to date I may have against the
Released Parties;
	 
	(6)	 	I agree that if I decide to revoke this Waiver and Release I will notify the Human Resources
manager at BioScrip of such revocation in writing within the seven (7) day time frame; and
	 
	(7)	 	no statements or conduct by BioScrip or any other Released Party have in any way coerced or
unduly influenced me to execute this Waiver and Release.

I further acknowledge that there are no other agreements of any nature between BioScrip and me with
respect to the matters discussed in this Waiver and Release, except as expressly stated herein.

In the event I choose to exercise my option to revoke this Waiver and Release, I will notify
BioScrip in writing by sending notice to BioScrip’s designated agent for this purpose, and return
to BioScrip all monies paid pursuant to the Letter Agreement (if any). Such notice shall be
delivered to BioScrip by registered or certified mail, postmarked no later than 5:00 p.m. on the
last day of the revocation period, and with return receipt requested and addressed as follows:
General Counsel, BioScrip, Inc., 100 Clearbrook Road, 3rd Floor, Elmsford, NY 10523.

This Waiver and Release shall be governed and conformed in accordance with the laws of the State of
Minnesota without regard to its conflict of laws provision. Should any provision of this Waiver
and Release be declared illegal or unenforceable by any court of competent jurisdiction and cannot
be modified to be enforceable, excluding the general release language, such provision shall
immediately become null and void, leaving the remainder of this Waiver and Release in full force
and effect. However, if any portion of the general release language were ruled to be unenforceable
for any reason, I shall again be subject to the non-competition covenants set froth in the Letter
Agreement for the period set forth therein.

I agree that neither this Waiver and Release nor the furnishing of the consideration for this
Waiver and Release shall be deemed or construed at anytime for any purpose as an admission by
BioScrip or any other Released Party of any liability or unlawful conduct of any kind.

	 	 	 
	REVIEWED & AGREED:
	 	 
	 
	 	 
	 
	 	 
	 

	 	 
	Name:

	 	Date

 

 

	 	 	 
	State of                     

	 	)  
	 

	 	) ss.: 
	County of                     

	 	)  

     On the ___day of ___, in the year 2006, before me, the undersigned, personally appeared
Anthony Zappa, personally known to me or proved to me on the basis of satisfactory evidence to be
the individual whose name is subscribed to the within instrument and acknowledged to me that he
executed the same in his capacity, and that by his signature on the instrument, the individual, or
the person upon behalf of which the individual acted, executed the instrument.

	 	 	 
	 

	 	 
	 

	 	 
	 

	 	Notary Public

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