Document:

SYA-2014.05.09 Exhibit 10.2

Exhibit 10.2
RESTRICTED STOCK AGREEMENT 
PURSUANT TO THE 
SYMETRA FINANCIAL CORPORATION EQUITY PLAN 

THIS RESTRICTED STOCK AGREEMENT (this “Agreement”) made as of the 5th day of March, 2014 by and between Symetra Financial Corporation, a Delaware corporation (the “Company”), and ________________ (the “Executive”).
WHEREAS, pursuant to the Symetra Financial Corporation Equity Plan (the “Plan”), the Executive has been granted an award of _____ Shares (as defined in the Plan) that are subject to certain restrictions on transfer and risks of forfeiture (the “Restricted Stock”) on the date hereof on the terms and subject to the conditions set forth in this Agreement; 
WHEREAS, in consideration for this award of Restricted Stock, the Executive agrees to accept the restrictions set forth herein;
NOW, THEREFORE, in consideration of the premises and of the mutual agreements contained in this Agreement, the parties hereto agree as follows:
SECTION 1.  Definitions.  Capitalized terms used but not defined in this Agreement have the meanings given such terms in the Plan.  As used in this Agreement, the following terms shall have the meanings set forth below:
“Restrictions” means restrictions on sale or other transfer set forth in Section 5 and the risks of forfeiture set forth in Section 2.

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SECTION 2.  Vesting and Delivery.  (1) Vesting.  The Executive’s rights with respect to the Restricted Stock shall become vested, and the Restrictions with respect to such Restricted Stock shall lapse, on December 31, 2016; provided that the Executive must be employed by the Company or an affiliate thereof on such date in order for the Executive’s rights with respect to the Restricted Stock to become vested, except as otherwise determined by the Committee in its sole discretion or as otherwise provided in Section 2(b) below.  Except as provided in Section 2(b) below, all unvested Restricted Stock shall be forfeited by the Executive upon a termination of the Executive’s employment for any reason.
(b) Upon a Termination Without Cause or termination of the Executive’s employment by the Company due to the Executive’s death or Disability, the Executive’s rights with respect to the following amounts of Restricted Stock shall become vested and the Restrictions with respect to such amounts of Restricted Stock shall lapse:
(i)    If such termination of employment is on or after December 31, 2014 but prior to December 31, 2015, the Restrictions with respect to one-third of the Restricted Stock shall lapse.
(ii)    If such termination of employment is on or after December 31, 2015 but prior to December 31, 2016, the Restrictions with respect to two-thirds of the Restricted Stock shall lapse.
Notwithstanding Section 2, in the event of a termination of employment due to a Change in Control that entitles the Participant to severance under the Senior Executive Change in Control Plan, any unvested Restricted Stock shall be fully vested immediately prior to a Termination Without Cause or Constructive Termination.

(c) Delivery of Shares.  On and following the date of this Agreement, Restricted Stock may be evidenced in such manner as the Company may determine.  If certificates representing Restricted Stock are registered in the Executive’s name, such certificates must bear an appropriate legend referring to the terms, conditions and restrictions (including the Restrictions) applicable to such Restricted Stock, until such time, if any, as the Executive’s rights with respect to such Restricted Stock become vested and the Restrictions with respect to such Restricted Stock lapse.  Upon the vesting of the Executive’s rights with respect to such Restricted Stock, the Company or other custodian, as applicable, shall deliver such certificates to the Executive or the Executive’s legal representative.
SECTION 3.  Withholding, Section 83(b) Election, Consents and Legends.  (a)  Withholding.  The Company shall be entitled to require, as a condition to the release of Restricted Stock that vests pursuant to this Agreement, that the Company may satisfy the 

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obligation to pay all applicable withholding taxes relating thereto as determined by the Company by having the Company retain Shares upon the vesting of Restricted Stock to cover the amount of such withholding tax in an amount having a value determined by the Company equal to such withholding tax.  The Company and each of its affiliates shall have the right and are hereby authorized to withhold the amount (in cash or, in the discretion of the Committee, Shares, other securities, other awards or other property) of any applicable withholding taxes as determined by the Company in respect of the Restricted Stock and to take such other action as may be necessary in the discretion of the Committee to satisfy all obligations for the payment of such taxes.
(b)  Section 83(b) Election.  The Executive shall be permitted to make an election under Section 83(b) of the Code or under a similar provision of law.  If the Executive makes such an election, the Executive shall notify the Company of such election within ten days of filing notice of the election with the Internal Revenue Service or other governmental authority, in addition to any filing and notification required pursuant to regulations issued under Section 83(b) of the Code or any other applicable provision.
(c)  Consents.  The Executive’s rights in respect of the Restricted Stock are conditioned on the receipt to the full satisfaction of the Committee of any consents or other legal requirements that the Committee may determine to be necessary or advisable (including, without limitation, the Executive consenting to the Company’s supplying to any third-party recordkeeper of the Plan such personal information as the Committee deems advisable to administer the Plan and compliance with any Company trading restrictions or trading policies). 
(d)  Legends.  The Company may affix to certificates for Shares issued pursuant to this Agreement any legend that the Committee determines to be necessary or advisable (including to reflect any restrictions to which the Executive may be subject under any applicable securities laws).  The Company may advise the transfer agent to place a stop order against any legended Shares.
(e)  Registration.  Notwithstanding any provision of this Agreement to the contrary, if at any time the Committee determines, in its sole discretion, that the listing, registration or qualification of Shares issuable under this Agreement under any state or Federal law or on any securities exchange on which the Shares are traded or inter-dealer quotation system on which the Shares are quoted or the consent or approval of any governmental regulatory body is necessary as a condition of, or in connection with, delivery of Shares issuable under this Agreement, such Shares may not be delivered in whole or in part (and any attempt to deliver or to transfer any vested Shares to the Executive shall be null and void) unless such 

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listing, registration, qualification, consent or approval has been effected or obtained free of any conditions not acceptable to the Committee.
SECTION 4.  Voting Rights; Dividend Equivalents.  Prior to the date on which the Executive’s rights with respect to a share of Restricted Stock (a “Restricted Share”) have become vested, the Executive shall be entitled to exercise voting rights with respect to such Restricted Share and shall be entitled to receive dividends or other distributions with respect thereto.
SECTION 5.  Non-Transferability of Restricted Stock.  Unless otherwise provided by the Committee in its discretion, Restricted Stock may not be sold, assigned, alienated, transferred, pledged, attached or otherwise encumbered, except as provided in Section 20(b) of the Plan.  Any purported sale, assignment, alienation, transfer, pledge, attachment or other encumbrance of a Restricted Share in violation of the provisions of this Section 5 and Section 20(b) of the Plan shall be null and void.
SECTION 6.  Rights of the Executive.  None of the Restricted Stock, the execution of this Agreement and the delivery of any vested Shares shall confer upon the Executive any right to, or guarantee of, continued employment by the Company or any of its affiliates, or in any way limit the right of the Company or any of its affiliates to terminate the employment of the Executive at any time, subject to the terms of any written employment or similar agreement between the Company or any of its affiliates and the Executive.  The Restricted Stock shall not be treated as compensation for purposes of calculating the Executive’s rights under any employee benefit plan, except to the extent expressly provided in any such plan.
SECTION 7.  Relation to Plan.  The Restricted Stock hereby granted is subject to, and the Company and the Executive agree to be bound by, all of the terms and conditions of the Plan, as the same may be amended from time to time in accordance with the terms thereof, but no such amendment shall be effective as to the Restricted Stock without the Executive’s consent insofar as it may materially and adversely affect the Executive’s rights under this Agreement.  Except as otherwise provided herein, the Committee shall have sole discretion to determine whether the events or conditions described in this Agreement have been satisfied and to make all other interpretations, constructions and determinations required under this Agreement and all such determinations by the Committee shall be final, binding and conclusive.  In the event of any conflict between any term or provision contained in this Agreement and a term or provision of the Plan, the applicable terms and provisions of the Plan shall govern and prevail, and the Agreement shall be deemed to be modified accordingly.

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SECTION 8.  Notices.  All notices and other communications hereunder shall be in writing and shall be deemed given when delivered personally or when telecopied (with confirmation of transmission received by the sender), three business days after being sent by certified mail, postage prepaid, return receipt requested or one business day after being delivered to a nationally recognized overnight courier with next day delivery specified to the parties at the following addresses (or at such other address for a party as shall be specified by like notice):  
If to the Company, to:
Senior Vice President, Human Resources
Symetra Financial Corporation
777 108th Ave NE Suite 1200
Bellevue, Washington 98004
with a copy to:    
General Counsel
Symetra Financial Corporation
777 108th Ave NE Suite 1200
Bellevue, Washington 98004
If to the Executive, to the address on file with the Company or any of its affiliates.
Notices sent by email or other electronic means not specifically authorized by this Agreement shall not be effective for any purpose of this Agreement.
SECTION 9.  Waiver of Breach.  The waiver by either party of a breach of any provision of this Agreement must be in writing and shall not operate or be construed as a waiver of any other or subsequent breach.
SECTION 10.  Executive’s Undertaking.  The Executive hereby agrees to take whatever additional actions and execute whatever additional documents the Company may in its reasonable judgment deem necessary or advisable in order to carry out or effect one or more of the obligations or restrictions imposed on the Executive pursuant to the provisions of this Agreement.
SECTION 11.  Compliance with Law.  Any Shares issuable pursuant this Agreement will be issued after there has been compliance with such laws and regulations as the Company may deem applicable.  The Executive agrees to comply with all applicable laws and regulations in each jurisdiction in which the Executive acquires, offers, sells or delivers the 

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Restricted Stock or Shares issuable pursuant to this Agreement, in all cases at the Executive’s own expense.  Upon the acquisition of any Shares pursuant to this Agreement, the Executive will make or enter into such written representations, warranties and agreements as the Company may reasonably request in order to comply with applicable securities laws or this Agreement.
SECTION 12.  Amendment.  This Agreement may not be amended, terminated, suspended or otherwise modified except in a written instrument, duly executed by both parties.
SECTION 13.  Professional Advice.  The acceptance and delivery of Shares under this Agreement may have consequences under Federal and state tax and securities laws that may vary depending upon the individual circumstances of the Executive.  Accordingly, the Executive acknowledges that the Executive has been advised to consult his personal legal and tax advisor in connection with this Agreement and the Restricted Stock.
SECTION 14.  Governing Law.  This Agreement shall be governed by, and construed in accordance with, the laws of New York without regard to its conflict of laws principles, and shall bind and inure to the benefit of the heirs, executors, personal representatives, successors and assigns of the parties hereto.
SECTION 15.  Counterparts.  This Agreement may be executed in one or more counterparts, and each such counterpart shall be deemed to be an original, but all such counterparts together shall constitute but one agreement.
SECTION 16.  Entire Agreement.  This Agreement and the other writings incorporated by reference herein constitute the entire agreement between the parties with respect to the subject matter hereof and supersede all prior written or oral negotiations, commitments, representations and agreements with respect thereto.
SECTION 17.  Severability.  The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provisions of this Agreement, which shall remain in full force and effect to the fullest extent permitted by law.  The Executive agrees that in the event that any court of competent jurisdiction shall finally hold that any provision of this Agreement (whether in whole or in part) is void or constitutes an unreasonable restriction against the Executive, such provision shall not be rendered void but shall be deemed to be modified to the minimum extent necessary to make such provision enforceable for the longest duration and the greatest scope as such court may determine constitutes a reasonable restriction under the circumstances.

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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above.
	
					
	SYMETRA FINANCIAL CORPORATION

	By

	 
	/s/ Christine A. Katzmar Holmes

	 
	Christine A. Katzmar Holmes
Senior Vice President, Human Resources

	 
	 

	 
	EXECUTIVE
	 

	 
	 
	 

	 
	 
	 
	 

	 
	 
	Name:
	 

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DWT 23623003v1 0066217-000031Exhibit 10.1 - First Amendment to Credit Agreement

Exhibit 10.1
 
FIRST AMENDMENT TO credit agreement 
THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) made as of the 9th day of May, 2014, by and among QUILL EQUITY LLC, a Delaware limited liability company (“Borrower”), DUPONT FABROS TECHNOLOGY, L.P., a Maryland limited partnership (“Guarantor”), KEYBANK NATIONAL ASSOCIATION, a national banking association (“KeyBank”), THE OTHER LENDERS WHICH ARE SIGNATORIES HERETO (KeyBank and the other lenders which are signatories hereto, collectively, the “Lenders”), and KEYBANK NATIONAL ASSOCIATION, a national banking association, as Administrative Agent for the Lenders (the “Agent”).
W I T N E S S E T H:
WHEREAS, Borrower, Guarantor, Agent and the Lenders entered into that certain Credit Agreement dated as of March 27, 2013 (the “Credit Agreement”); and
WHEREAS, Borrower has requested that the Agent and the Lenders make certain modifications to the terms of the Credit Agreement; and
WHEREAS, the Agent and the Lenders have agreed to make such modifications subject to the execution and delivery by Borrower and Guarantor of this Amendment.
NOW, THEREFORE, for and in consideration of the sum of TEN and NO/100 DOLLARS ($10.00), and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto do hereby covenant and agree as follows:
1.Definitions.  All the terms used herein which are not otherwise defined herein shall have the meanings set forth in the Credit Agreement.

2.Modifications of the Credit Agreement.  Borrower, Guarantor, the Lenders and Agent do hereby modify and amend the Credit Agreement as follows:

(a)By deleting in its entirety the definition of “Applicable Margin” appearing in §1.1 of the Credit Agreement, and inserting in lieu thereof the following:

“Applicable Margin.  The Applicable Margin for LIBOR Rate Loans and Base Rate Loans shall be as follows: 
	
		
	LIBOR Rate Loans
	Base Rate Loans

	1.55%
	0.55%”

(b)By deleting in its entirety the first (1st) sentence of §4.2 of the Credit Agreement, and inserting in lieu thereof the following:  

“Borrower agrees to pay to KeyBank and Agent for their own account certain fees for services rendered or to be rendered in connection with the Loans as provided pursuant to a fee letter dated March 24, 2014 between Guarantor, KeyBank and Arranger (the “Agreement Regarding Fees”).”
(c)By deleting in its entirety Section §4.12 of the Credit Agreement, and inserting in lieu thereof the following:  

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“§4.12    Default Interest.  Following the occurrence and during the continuance of any Event of Default, and regardless of whether or not the Agent or the Lenders shall have accelerated the maturity of the Loans, all Loans shall bear interest payable on demand at a rate per annum equal to two and 55/100ths percent (2.55%) above the Base Rate (the “Default Rate”), until such amount shall be paid in full (after as well as before judgment), or if any of such amounts shall exceed the maximum rate permitted by law, then at the maximum rate permitted by law.”
3.References to Credit Agreement.  All references in the Loan Documents to the Credit Agreement shall be deemed a reference to the Credit Agreement as modified and amended herein.

4.Acknowledgment of Borrower and Guarantor.  Borrower and Guarantor hereby acknowledge, represent and agree that the Loan Documents, as modified and amended herein, remain in full force and effect and constitute the valid and legally binding obligation of Borrower and Guarantor, as applicable, enforceable against Borrower and Guarantor in accordance with their respective terms, and that the execution and delivery of this Amendment does not constitute, and shall not be deemed to constitute, a release, waiver or satisfaction of Borrower’s or Guarantor’s obligations under the Loan Documents.

5.Representations and Warranties.  Borrower and Guarantor represent and warrant to Agent and the Lenders as follows:

(a)Authorization.  The execution, delivery and performance of this Amendment and the transactions contemplated hereby (i) are within the authority of Borrower and Guarantor, (ii) have been duly authorized by all necessary proceedings on the part of the Borrower and Guarantor, (iii) do not and will not conflict with or result in any breach or contravention of any provision of law, statute, rule or regulation to which any of the Borrower or Guarantor is subject or any judgment, order, writ, injunction, license or permit applicable to any of the Borrower or Guarantor, (iv) do not and will not conflict with or constitute a default (whether with the passage of time or the giving of notice, or both) under any provision of the partnership agreement or certificate, certificate of formation, operating agreement, articles of incorporation or other charter documents or bylaws of, or any mortgage, indenture, agreement, contract or other instrument binding upon, any of the Borrower or Guarantor or any of their respective properties or to which any of the Borrower or Guarantor is subject, and (v) do not and will not result in or require the imposition of any lien or other encumbrance on any of the properties, assets or rights of any of the Borrower or Guarantor.

(b)Enforceability.  This Amendment is the valid and legally binding obligations of Borrower and Guarantor enforceable in accordance with the respective terms and provisions hereof, except as enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors’ rights and the effect of general principles of equity.

(c)Approvals.  The execution, delivery and performance of this Amendment and the transactions contemplated hereby do not require the approval or consent of any Person or the authorization, consent, approval of or any license or permit issued by, or any filing or registration with, or the giving of any notice to, any court, department, board, commission or other governmental agency or authority other than those already obtained and any disclosure filings with the SEC as may be required with respect to this Amendment.

(d)Reaffirmation.  Borrower and Guarantor reaffirm and restate as of the date hereof each and every representation and warranty made by the Borrower and Guarantor and their respective Subsidiaries in the Loan Documents or otherwise made by or on behalf of such Persons in connection therewith except for representations or warranties that expressly relate to an earlier date.

6.No Default.  By execution hereof, the Borrower and Guarantor certify that as of the date of this Amendment and immediately after giving effect to this Amendment, no Default or Event of Default has occurred and is continuing.

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7.Waiver of Claims.  Borrower and Guarantor acknowledge, represent and agree that none of such Persons has any defenses, setoffs, claims, counterclaims or causes of action of any kind or nature whatsoever arising on or before the date hereof with respect to the Loan Documents, the administration or funding of the Loan or with respect to any acts or omissions of Agent or any Lender, or any past or present officers, agents or employees of Agent or any Lender pursuant to or relating to the Loan Documents, and each of such Persons does hereby expressly waive, release and relinquish any and all such defenses, setoffs, claims, counterclaims and causes of action arising on or before the date hereof, if any.

8.Ratification.  Except as hereinabove set forth, all terms, covenants and provisions of the Credit Agreement remain unaltered and in full force and effect, and the parties hereto do hereby expressly ratify and confirm the Loan Documents as modified and amended herein.  Guarantor hereby consents to the terms of this Amendment.  Nothing in this Amendment or any other document delivered in connection herewith shall be deemed or construed to constitute, and there has not otherwise occurred, a novation, cancellation, satisfaction, release, extinguishment or substitution of the indebtedness evidenced by the Notes or the other obligations of Borrower and Guarantor under the Loan Documents.

9.Effective Date.  The effectiveness of this Amendment is subject to receipt by the Agent of each of the following, each in form and substance reasonably satisfactory to the Agent:

(a)A counterpart of this Amendment duly executed by the Borrower, Guarantor, all of the Lenders and Agent;

(b)Evidence that the Borrower shall have paid all fees due and payable with respect to this Amendment; and

(c)Such other certificates, documents, instruments and agreements as the Agent may reasonably request.

The Borrower will pay the reasonable fees and expenses of Agent in connection with this Amendment in accordance with Section 15 of the Credit Agreement.  All interest accrued prior to the effectiveness of this Amendment under provisions of the Credit Agreement modified by this Amendment shall remain payable at the due dates set forth in the Credit Agreement.

10.Amendment as Loan Document.  This Amendment shall constitute a Loan Document.

11.Counterparts.  This Amendment may be executed in any number of counterparts which shall together constitute but one and the same agreement.

12.MISCELLANEOUS.  THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE COMMONWEALTH OF VIRGINIA.  This Amendment shall be binding upon and shall inure to the benefit of the parties hereto and their respective permitted successors, successors-in-title and assigns as provided in the Credit Agreement.

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IN WITNESS WHEREOF, the parties hereto have hereto set their hands and affixed their seals as of the day and year first above written.
BORROWER:
QUILL EQUITY LLC,
a Delaware limited liability company
By:    DuPont Fabros Technology, L.P.,
a Maryland limited partnership,
its Managing Member
By:    DuPont Fabros Technology, Inc.,
a Maryland corporation,
its General Partner
		
	By:
	/s/ Richard A. Montfort, Jr.

		
	Name:
	Richard A. Montfort, Jr.

		
	Title:
	Executive Vice President, General Counsel and Secretary

GUARANTOR:
DUPONT FABROS TECHNOLOGY, L.P., a Maryland limited partnership
		
	By:
	DuPont Fabros Technology, Inc., a Maryland corporation, its sole General Partner

By:    /s/ Richard A. Montfort, Jr.
Name:    Richard A. Montfort, Jr.
		
	Title:
	Executive Vice President, General Counsel and Secretary

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LENDERS:
KEYBANK NATIONAL ASSOCIATION
individually and as Agent
By:    /s/ Jason R. Weaver
Name:    Jason R. Weaver
Title:    Senior Vice President

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TD BANK, N.A.

By:    /s/ Michael J. Pappas
Name:    Michael J. Pappas
Title:    Vice President

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RAYMOND JAMES BANK, N.A.
By:    /s/ James M. Armstrong
Name:    James M. Armstrong
Title:    Senior Vice President

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RBS CITIZENS, N.A.
By:    /s/ David R. Jablonowski
Name:    David R. Jablonowski
Title:    Senior Vice President

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ROYAL BANK OF CANADA
By:    /s/ Joshua Freedman
Name:    Joshua Freedman
Title:    Authorized Signatory

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