Document:

exv10w29

Exhibit 10.29

Grant No.

INTUIT INC. 2005 EQUITY INCENTIVE PLAN GRANT AGREEMENT

Non-Qualified Stock Option

New Hire / Promotion Grant

Intuit Inc., a Delaware corporation (the “Company”), hereby grants you a stock option (“Option”),
pursuant to the Company’s 2005 Equity Incentive Plan (the “Plan”), to purchase shares of the
Company’s Common Stock, $0.01 par value per share (“Common Stock”), as described below. This
Option is subject to all of the terms and conditions of the Plan, which is incorporated into this
Agreement by reference. If there is any discrepancy, conflict or omission between this Agreement
and the provisions of the Plan, the provisions of the Plan shall apply. All capitalized terms in
this Agreement that are not defined in the Agreement have the meanings given to them in the Plan.

Name of Participant:

Number of Shares:

Exercise Price Per Share:

Date of Grant:

Expiration Date:

Vesting Schedule:

Further, as provided in your employment offer letter of <<Month Date Year>> (and not in
addition thereto), acceleration of vesting will occur under the following circumstances and to the
following extent: <<Terms>>

In the event of your Involuntary Termination or Termination Without Cause (as such terms are
defined below), and conditioned further upon your delivery to Intuit of a signed release (in a form
mutually satisfactory to you and Intuit) against Intuit, its officers and directors and
satisfaction of all conditions to make such release effective, then such number of shares equal to
<<Shares>>.

If this vesting acceleration, together with any severance and other benefits you otherwise may be
entitled to receive from the Company or otherwise, constitute “parachute payments” within the
meaning of Section 280G of the Code and, but for this provision, would be subject to the excise tax
imposed by Section 4999 of the Code, then this vesting acceleration (along with your severance and
other benefits) will be payable, at your election, either in full or in such lesser amount as would
result, after taking into account the applicable federal, state and local income taxes and the
excise tax imposed by Section 4999 of the Code, in your receipt on an after-tax basis of the
greatest overall amount.

As used in this Agreement, the following terms have the following meanings:

(a) “Good Reason” means (i) a reduction in your title or a material reduction in your duties
or responsibilities that is inconsistent with your position as <<Position>>;
(ii) any reduction in your base annual salary or target bonus opportunity (other than in
connection with a general decrease in the salary or target bonuses for all officers of
Intuit) without your prior consent; (iii) a material breach by Intuit of any of its
obligations hereunder after you provide Intuit with written notice within a reasonable
period of time following such breach and a reasonable opportunity to cure of not less than
30 days; (iv) failure of any successor to assume this agreement; or (v) a requirement by
Intuit, without your prior

 

 

written consent, that you relocate your principal office to a facility more than 50 miles
from <<Location>>;

(b) “Cause” means (i) gross negligence or willful misconduct in the performance of your
duties to Intuit (other than as a result of a disability) that has resulted or is likely to
result in substantial and material damage to the Company, after a written demand for
substantial performance is delivered to you by the Board which specifically identifies the
manner in which you have not substantially performed your duties and you have been provided
with a reasonable opportunity of not less than 30 days to cure any alleged gross negligence
or willful misconduct; (ii) commission of any act of fraud with respect to the Company; or
(iii) conviction of a felony or a crime involving moral turpitude causing material harm to
the business and affairs of the Company. No act or failure to act by you shall be considered
“willful” if done or omitted by you in good faith with reasonable belief that your action or
omission was in the best interests of the Company.

(c) “Involuntary Termination” means your termination of your employment upon written notice
to the Board at any time for Good Reason.

(d) “Termination Without Cause” means Intuit terminates your employment upon written notice
to you at any time in the sole discretion of the Board without a determination that there is
Cause.

On your Termination Date, this Option will either cease to vest or, if you have been actively
employed by the Company for one year or more and become totally disabled or die as provided in
Section 5.6 of the Plan, accelerate in full. Vesting may also be suspended in accordance with
Company policies, as described in Section 5.6 of the Plan.

To exercise this Option, you must follow the exercise procedures established by the Company, as
described in Section 5.5 of the Plan. This Option may be exercised only with respect to vested
shares. Payment of the Exercise Price for the Shares may be made in cash (by check) and/or, if a
public market exists for the Company’s Common Stock, by means of a Same-Day-Sale Commitment or
Margin Commitment from you and an NASD Dealer (as described in Section 11.1 of the Plan). Upon
exercise of this Option, you understand that the Company may be required to withhold taxes.

Subject to the exercise procedures established by the Company, the last day this Option may be
exercised is seven years from the Date of Grant which is the Expiration Date set forth above. If
your Termination Date occurs before the Expiration Date, this Option will expire as to all unvested
shares subject to the Option on your Termination Date. Following your Termination Date, this
Option may be exercised with respect to vested shares during the post-termination exercise period
as provided in Section 5.6 of the Plan. To the extent this Option is not exercised before the end
of the post-termination exercise period, in accordance with the exercise procedures established by
the Company, the Option will expire as to all shares remaining subject thereto.

This Agreement (including the Plan, which is incorporated by reference) constitutes the entire
agreement between you and the Company with respect to this Option, and supersedes all prior
agreements or promises with respect to the Option. Except as provided in the Plan, this Agreement
may be amended only by a written document signed by the Company and you. Subject to the terms of
the Plan, the Company may assign any of its rights and obligations under

 

 

 this Agreement, and this
Agreement shall be binding on, and inure to the benefit of, the
successors and assigns of the Company. Subject to the restrictions on transfer of the Option
described in Section 14 of the Plan, this Agreement shall be binding on your permitted successors
and assigns (including heirs, executors, administrators and legal representatives). All notices
required under this Agreement or the Plan must be mailed or hand-delivered to the Company or to you
at its or your respective addresses set forth in this Agreement, or at such other address
designated in writing by either of the parties to the other.

Additional information about the Plan and this Option (including certain tax consequences of
exercising the Option and disposing of the Shares) is contained in the Prospectus for the Plan. A
copy of the Prospectus accompanies this Promotion Grant Agreement and is available on the stock
options pages of the Company’s Legal Department intranet web site or by calling the Company’s Stock
Plan Analyst.

The Company has signed this Option Agreement effective as the Date of Grant.

	 	 	 	 	 	 	 
	 	 	INTUIT INC.	 	 
	 	 	2632 Marine Way	 	 
	 	 	Mountain View, California 94043	 	 
	 
	 	 	 	 	 	 
	 

	 	By:exv10w30

Exhibit 10.30

Award No. «GrantNumber»

INTUIT INC. 2005 EQUITY INCENTIVE PLAN GRANT AGREEMENT

Restricted Stock Unit

(Performance-Based Vesting)

Intuit Inc., a Delaware corporation (the “Company”), hereby grants you a restricted stock unit
award (“Award”) pursuant to the Company’s 2005 Equity Incentive Plan (the “Plan”), for the number
of shares of the Company’s Common Stock, $0.01 par value per share (“Common Stock”) set forth
below. All capitalized terms in this Grant Agreement (“Agreement”) that are not defined in this
Agreement have the meanings given to them in the Plan. This Award is subject to all of the terms
and conditions of the Plan, which is incorporated into this Agreement by reference. This Agreement
is not meant to interpret, extend, or change the Plan in any way, or to represent the full terms of
the Plan. If there is any discrepancy, conflict or omission between this Agreement and the
provisions of the Plan, the provisions of the Plan shall apply.

Name of Participant:

Employee ID:

Address:

Number of Shares:

Date of Grant:

Vesting Date(s):

Performance Goals to Begin Time-Based Vesting: The (1) net revenue growth and (2) operating
income growth targets, attached hereto on Exhibit A (the “Performance Goals”) must be
achieved between Month Date Year and Month Date Year and certified by the
Compensation and Organizational Development Committee (the “Committee”) in order for the Time-Based
Vesting described below to commence. The Committee will make such certification as soon as
reasonably possible. If the Committee determines that the Performance Goals were not met by
Month Date Year, this Award shall terminate upon the date of such determination.

Time-Based Vesting Once Performance Factor Goals Are Met: If the above Performance Goals
are met, this Award will vest as to       of the Number of Shares on the Vesting Date(s) set
forth above, provided you have not Terminated through those respective dates.

	1.	 	In the event of your Termination prior to the Vesting Date, the following provisions will
govern the vesting of this Award:

	 	(a)	 	Termination Generally: In the event of your Termination prior to the
Vesting Date for any reason other than as expressly set forth in the other subsections
of this Section 1 of the Agreement, this Award will terminate without having vested as
to any of the shares subject to this Award and you will have no right or claim to
anything under this Award.
	 
	 	(b)	 	Termination due to Retirement: In the event of your Termination prior
to the Vesting Date due to your Retirement, you will be vested pro-rata in a percentage
equal to your number of full months of service since the Date of Grant divided by
thirty-six months times the Number of Shares, minus any shares previously vested,
rounded down to the nearest whole share of Intuit Common Stock, and the Vesting Date
under this Agreement will be your Termination Date. For purposes of this Award,
Retirement means the Termination of your employment with the Company after you have
reached age fifty-five (55) and completed ten full years of consecutive service with
the Company (including any Parent or Subsidiary).
	 
	 	(c)	 	Termination due to Death or Total Disability: In the event of your
Termination prior to the Vesting Date due to your death or Total Disability after you
have been actively employed by the Company for one year or more, this Award will vest
as to 100% of the Number of the Shares on your Termination Date, and the Vesting Date
under this Agreement will be your Termination Date. For purposes of this Award, Total
Disability is defined in Section 5.6(a) of the Plan.

 

 

	 	(d)	 	Termination on or Within One Year Following Corporate Transaction: In
the event of your Termination by the Company or its successor, prior to the Vesting
Date, but on or within one year following the date of a Corporate Transaction, you will
vest pro-rata in a percentage of the Number of Shares equal to your number of full
months of service since the Date of Grant divided by thirty-six months, rounded down to
the nearest whole share of Intuit Common Stock, and the Vesting Date under this
Agreement will be your Termination Date. For purposes of this Award, Corporate
Transaction is defined in Section 26(h) of the Plan.
	 
	 	(e)	 	Termination due to Involuntary Termination: In the event of your
Termination prior to the Vesting Date due to your Involuntary Termination, you will
vest pro-rata in a percentage of the Number of Shares equal to your number of full
months of service since the Date of Grant divided by thirty-six months, rounded down to
the nearest whole share of Intuit Common Stock, and the Vesting Date under this
Agreement will be your Termination Date. For purposes of this Award, Involuntary
Termination means the Termination of your employment with the Company on account of
your resignation within sixty (60) days after the occurrence any of the following
events without your consent, (i) a material reduction in your duties that is
inconsistent with your position at the time of the Date of Grant, (ii) any reduction
in your base annual salary or target annual bonus (other than in connection with a
general decrease in the salary or target bonuses for all officers of Intuit), or (iii)
a requirement by Intuit that you relocate your principal office to a facility more than
50 miles from your principal office on the Date of Grant; provided however, that with
regard to (i) through (iii) you must provide Intuit with written notice of its
obligations hereunder and opportunity to cure within 15 days.

	2.	 	Issuance of Shares under this Award: The Company will issue you the Shares subject
to this Award on the Vesting Date, except in the event of vesting due to Involuntary
Termination as noted in Section 1(b), (d) and (e), above. In the event of the issuance of
Shares pursuant to Section 1(b), (d) and (e), such issuance will occur no earlier than six
months and one day after the date of your termination of employment with Intuit, except when
permitted by Section 409A of the Internal Revenue Code of 1986, as amended and the regulations
and/or other interpretive authority thereunder. Until the date the shares are issued to you,
you will have no rights as a stockholder of the Company.
	 
	3.	 	Withholding Taxes: This Award is generally taxable for purposes of United States
federal income and employment taxes upon vesting based on the Fair Market Value on Vesting
Date. To the extent required by applicable federal, state or other law, you shall make
arrangements satisfactory to the Company for the payment and satisfaction of any income tax,
social security tax, payroll tax, payment on account or other tax related to withholding
obligations that arise under this Award and, if applicable, any sale of Shares of the Common
Stock. The Company shall not be required to issue shares of the Common Stock pursuant to this
Award or to recognize any purported transfer of shares of the Common Stock until such
obligations are satisfied. Unless otherwise agreed to by the Company and you, these
obligations will be satisfied by the Company withholding a number of shares of Common Stock
that would otherwise be issued under this Award that the Company determines has a Fair Market
Value sufficient to meet the tax withholding obligations. For purposes of this Award, Fair
Market Value is defined in Section 26(n) of the Plan.
	 
	 	 	You are ultimately liable and responsible for all taxes owed by you in connection with this
Award, regardless of any action the Company takes or any transaction pursuant to this section
with respect to any tax withholding obligations that arise in connection with this Award. The
Company makes no representation or undertaking regarding the treatment of any tax withholding in
connection with the grant, issuance, vesting or settlement of this Award or the subsequent sale
of any of the shares of Common Stock underlying the shares that vest. The Company does not
commit and is under no obligation to structure this Award to reduce or eliminate your tax
liability.
	 
	4.	 	Disputes: Any question concerning the interpretation of this Agreement, any
adjustments to made thereunder, and any controversy that may arise under this Agreement, shall
be determined by the Committee in accordance with its authority under Section 4 of the Plan.
Such decision by the Committee shall be final and binding.

2

 

	5.	 	Other Matters:

	 	(a)	 	The Award granted to an employee in any one year, or at any time, does not
obligate the Company or any subsidiary or other affiliate of the Company to grant an
award in any future year or in any given amount and should not create an expectation
that the Company (or any subsidiary or other affiliate) might grant an award in any
future year or in any given amount.
	 
	 	(b)	 	Nothing contained in this Agreement creates or implies an employment contract
or term of employment or any promise of specific treatment upon which you may rely.
	 
	 	(c)	 	Notwithstanding anything to the contrary in this Agreement, the Company may
reduce your Award if you change classification from a full-time employee to a part-time
employee.
	 
	 	(d)	 	This Award is not part of your employment contract (if any) with the Company,
your salary, your normal or expected compensation, or other renumeration for any
purposes, including for purposes of computing benefits, severance pay or other
termination compensation or indemnity.
	 
	 	(e)	 	Because this Agreement relates to terms and conditions under which you may be
issued shares of Common Stock of Intuit Inc., a Delaware corporation, an essential term
of this Agreement is that it shall be governed by the laws of the State of Delaware,
without regard to choice of law principles of Delaware or other jurisdictions. Any
action, suit, or proceeding relating to this Agreement or the Award granted hereunder
shall be brought in the state or federal courts of competent jurisdiction in Santa
Clara County in the State of California.

This Agreement (including the Plan, which is incorporated by reference) constitutes the entire
agreement between you and the Company with respect to this Award, and supersedes all prior
agreements or promises with respect to the Award. Except as provided in the Plan, this Agreement
may be amended only by a written document signed by the Company and you. Subject to the terms of
the Plan, the Company may assign any of its rights and obligations under this Agreement, and this
Agreement shall be binding on, and inure to the benefit of, the successors and assigns of the
Company. Subject to the restrictions on transfer of an Award described in Section 14 of the Plan,
this Agreement shall be binding on your permitted successors and assigns (including heirs,
executors, administrators and legal representatives). All notices required under this Agreement or
the Plan must be mailed or hand-delivered, (1) in the case of the Company, to the Company at its
address set forth in this Agreement, or at such other address designated in writing by the Company
to you, and (2) in the case of you, at the address recorded in the books and records of the Company
as your then current home address.

The Company has signed this Award Agreement effective as the Date of Grant.

	 	 	 	 	 	 	 
	 	 	INTUIT INC.	 	 
	 	 	2632 Marine Way	 	 
	 	 	Mountain View, California 94043	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 

	 	 

3

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