Document:

EXHIBIT
10.6

ST. JUDE MEDICAL, INC. 2007 STOCK INCENTIVE PLAN 

AWARD CERTIFICATE 

Restricted
Stock Award

This certifies
that [name]

is granted a
Restricted Stock Award for **[number]* shares of Common Stock,

$.10 par value, of
St. Jude Medical, Inc., a Minnesota corporation.

	
  

 	
  

 	
  

 
	
  

 	
 Social Security Number:

 	
 _____________________________

 
	
  

 	
 Address:

 	
 _____________________________

 
	
  

 	
 Grant Date:

 	
 , 20___

 
	
  

 	
 Expiration Date of
 Restricted

 Period:

 	
 [____] [vesting
 schedule]

 
	
  

 	
  

 	
  

 
	
  

 	
 This Restricted Stock Award is governed by, and
 subject in all respects to, the terms and conditions of the Restricted Stock
 Award Agreement, a copy of which is attached to and made a part of this
 document, and the St. Jude Medical, Inc. 2007 Stock Incentive Plan, a copy of
 which is available upon request. This Award Certificate has been duly
 executed, by manual or facsimile signature, on behalf of St. Jude Medical,
 Inc.

 
				

	
  

 	
  

 	
  

 	
  

 	
  

 	
  

 
	
  

 	
      ST. JUDE MEDICAL, INC.

 
	
  

 	
  

 
	
  

 	
 By:

 	
  

 	
  

 
	
  

 	
 Name:

 	
  

 	
  

 
	
  

 	
 Title:

 	
  

 	
  

 

ST.
JUDE MEDICAL, INC.

2007 STOCK INCENTIVE PLAN

RESTRICTED
STOCK AWARD AGREEMENT

          This
Restricted Stock Award Agreement is between St. Jude Medical, Inc., a Minnesota
corporation (the “Company”), and you, the person named in the attached
Restricted Stock Award Certificate (the “Award Certificate”), who is an
employee or a director of the Company. This Agreement is effective as of the
date of grant set forth in the attached Award Certificate (the “Grant Date”).

          The
Company wishes to award to you a number of shares of the Company’s Common
Stock, $.10 par value (the “Common Stock”), subject to certain restrictions as
provided in this Agreement, in order to carry out the purpose of the St. Jude
Medical, Inc. 2007 Stock Incentive Plan (the “Plan”).

          Accordingly,
for good and valuable consideration, the receipt and adequacy of which are
hereby acknowledged, the Company and you hereby agree as follows:

          1.          Award
of Restricted Stock.

          The
Company hereby grants to you, effective as of the Grant Date, an Award of
Restricted Stock for that number of shares of Common Stock set forth in the
attached Award Certificate (the “Shares”), on the terms and conditions set
forth in this Agreement and the Award Certificate and in accordance with the
terms of the Plan. 

          2.          Rights
with Respect to the Shares. 

          With
respect to the Shares, you shall be entitled to exercise the rights of a
shareholder of Common Stock of the Company, including the right to vote the
Shares and the right to receive cash dividends thereon as provided in
Section 8 of this Agreement, unless and until the Shares are forfeited
pursuant to Section 5 hereof. Your rights with respect to the Shares shall
remain forfeitable at all times prior to the date or dates on which such rights
become vested, and the restrictions with respect to the Shares lapse, in
accordance with Section 3, Section 4 or Section 5 hereof.

2

          3.          Vesting.

          Subject
to the terms and conditions of this Agreement, the Shares shall vest, and the
restrictions with respect to the Shares shall lapse, on the date or dates and
in the amount or amounts set forth in the attached Award Certificate if you
remain continuously employed by the Company or if you continuously serve on the
Company’s Board of Directors until the respective vesting dates.

          4.          Change
of Control. 

          Notwithstanding
the vesting provisions contained in Section 3 above, but subject to the
other terms and conditions in this Agreement, upon the occurrence of a Change
of Control (as defined below) you shall become immediately and unconditionally
vested in all Shares and the restrictions with respect to all of the Shares
shall lapse. For purposes of this Agreement, “Change of Control” shall mean any
of the following events:

          (a)         the
acquisition by any person, entity or “group,” within the meaning of Section
13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), other than the Company or any of its Affiliates, or any
employee benefit plan of the Company and/or one or more of its Affiliates, of
beneficial ownership (within the meaning of Rule 13d-3 promulgated under the
Exchange Act) of 35% or more of either the then outstanding shares of Common
Stock or the combined voting power of the Company’s then outstanding voting
securities in a transaction or series of transactions not approved in advance
by a vote of at least three-quarters of the Continuing Directors (as defined
below); or

          (b)         individuals
who, as of the Grant Date, constitute the Board of Directors of the Company
(generally the “Directors” and as of the Grant Date the “Continuing Directors”)
cease for any reason to constitute at least a majority thereof, provided that
any person becoming a Director subsequent to the Grant Date whose nomination
for election was approved in advance by a vote of at lease three-quarters of
the Continuing Directors (other than a nomination of an individual whose
initial assumption of office is in connection with an actual or threatened
solicitation with respect to the election or removal of the Directors of the
Company, as such terms are used in Rule 14a-11 of Regulation 14A under the
Exchange Act) shall be deemed to be a Continuing Director; or

          (c)         the
consummation of a reorganization, merger, consolidation, liquidation or
dissolution of the Company or of the sale (in one transaction or a series of
related transactions) of all or substantially all of the assets of the Company
other than a reorganization, merger, consolidation, liquidation, dissolution or
sale approved in advance by a vote of at least three-quarters of the Continuing
Directors; or

          (d)         the
first purchase under any tender offer or exchange offer (other than an offer by
the Company or any of its Affiliates) pursuant to which shares of Common Stock
are purchased; or

3

          (e)         at
least a majority of the Continuing Directors determines in their sole
discretion that there has been a change in control of the Company.

          5.          Early
Vesting; Forfeiture.

          If
your employment terminates or if you resign or are removed from or otherwise
cease to serve on, the Company’s Board of Directors prior to the vesting of the
Shares pursuant to Section 3 or Section 4 hereof, your rights to all of
the unvested Shares shall be immediately and irrevocably forfeited, including
the right to vote such Shares and the right to receive cash dividends on such
Shares, unless otherwise determined by the Committee administering the Plan,
except that if you die, become Disabled, or in the case of an employee, terminate
employment by reason of Normal Retirement or Early Retirement prior to the
vesting or forfeiture of all Shares pursuant to Section 3 or Section 4 hereof,
you shall become immediately and unconditionally vested in all of the Shares
for which vesting has occurred as a result of such event in accordance with the
terms of the Award Certificate and your rights to all of the unvested Shares
shall be immediately and irrevocably forfeited pursuant to the terms of this
Agreement and the attached Award Certificate, and the restrictions with respect
to all such vested Shares shall lapse, on the date of your death, that you
become Disabled or you terminate employment by reason of Normal Retirement or
Early Retirement. For purposes of this Section 5, “Disabled” refers to a
permanent and total disability as approved by the Committee, “Normal
Retirement” means the retirement of an employee on or after age 65 and “Early
Retirement” means the retirement of an employee with the consent of the
Committee. No transfer by will or the applicable laws of descent and
distribution of any Shares which vest by reason of your death shall be
effective to bind the Company unless the Committee administering the Plan shall
have been furnished with written notice of such transfer and a copy of the will
or such other evidence as the Committee may deem necessary to establish the
validity of the transfer.

          6.          Restriction
on Transfer. 

          Until
the Shares vest pursuant to Section 3, Section 4 or Section 5 hereof, none of
the Shares may be sold, assigned, transferred, pledged, attached or otherwise
encumbered, and no attempt to transfer the Shares, whether voluntary or
involuntary, by operation of law or otherwise, shall vest the transferee with
any interest or right in or with respect to the Shares.

          7.          Issuance
and Custody of Certificates.

          (a)         The
Company shall cause the Shares to be issued in your name, either by book-entry
registration or issuance of a stock certificate or certificates, which
certificate or certificates shall be held by the Company. The Shares shall be
restricted from transfer and shall be subject to an appropriate stop-transfer
order. If any certificate is issued, the certificate shall bear an appropriate
legend referring to the restrictions applicable to the Shares.

          (b)         If
any certificate is issued, you shall be required to execute and deliver to the
Company a stock power or stock powers relating to the Shares as a condition to
the receipt of this Award of Restricted Stock.

          (c)         After
any Shares vest pursuant to Section 3, Section 4 or Section 5
hereof, and following payment of the applicable withholding taxes pursuant to
Section 9 hereof, the Company shall promptly cause such vested Shares (less
any Shares withheld to pay taxes), free of the restrictions and/or legend
described in Section 7(a) hereof, to be delivered, either by book-entry
registration or in the form of a certificate or certificates, registered in
your name or in the names of your legal representatives, beneficiaries or
heirs, as the case may be.

4

          8.          Distributions
and Adjustments.

          (a)         If
any Shares vest subsequent to any change in the number or character of the
Common Stock of the Company (through any stock dividend or other distribution,
recapitalization, stock split, reverse stock split, reorganization, merger,
consolidation split-up, spin-off, combination, repurchase or exchange of shares
or otherwise), you shall then receive upon such vesting the number and type of
securities or other consideration which you would have received if such Shares
had vested prior to the event changing the number or character of the
outstanding Common Stock.

          (b)         Any
additional shares of Common Stock of the Company, any other securities of the
Company and any other property (except for cash dividends or other cash
distributions) distributed with respect to the Shares prior to the date or
dates the Shares vest shall be subject to the same restrictions, terms and
conditions as the Shares to which they relate and shall be promptly deposited
with the Secretary of the Company or a custodian designated by the Secretary.

          (c)         Any
cash dividends or other cash distributions payable with respect to the Shares
shall be distributed to you at the same time cash dividends or other cash
distributions are distributed to shareholders of the Company generally.

          9.          Taxes.

          (a)         You
acknowledge that you will consult with your personal tax advisor regarding the
income tax consequences of the grant of the Shares, payment of dividends on the
Shares, the vesting of the Shares and any other matters related to this
Agreement. In order to comply with all applicable federal, state, local or
foreign income tax laws or regulations, the Company may take such action as it
deems appropriate to ensure that all applicable federal, state, local or
foreign payroll, withholding, income or other taxes, which are your sole and
absolute responsibility, are withheld or collected from you.

          (b)         In
accordance with the terms of the Plan, and such rules as may be adopted by the
Committee administering the Plan, you may elect to satisfy any applicable tax
withholding obligations arising from the receipt of, or the lapse of
restrictions relating to, the Shares by (i) delivering cash (including check,
draft, money order or wire transfer made payable to the order of the Company),
(ii) having the Company withhold a portion of the Shares otherwise to be
delivered having a Fair Market Value equal to the amount of such taxes, or
(iii) delivering to the Company shares of Common Stock having a Fair
Market Value equal to the amount of such taxes. The Company will not deliver any
fractional Share but will pay, in lieu thereof, the Fair Market Value of such
fractional Share. Your election must be made on or before the date that the
amount of tax to be withheld is determined.

5

          10.         General
Provisions.

          (a)          Interpretations.
This Agreement is subject in all respects to the terms of the Plan. A copy of
the Plan is available upon your request. Terms used herein which are defined in
the Plan shall have the respective meanings given to such terms in the Plan,
unless otherwise defined herein. In the event that any provision of this
Agreement is inconsistent with the terms of the Plan, the terms of the Plan
shall govern. Any question of administration or interpretation arising under
this Agreement shall be determined by the Committee administering the Plan, and
such determination shall be final, conclusive and binding upon all parties in
interest.

          (b)          No
Right to Employment or Board Service. Nothing in this Agreement or the Plan
shall be construed as giving you the right to be retained as an employee of the
Company or to continue to serve on the Company’s Board of Directors. In
addition, the Company may at any time dismiss you from employment, free from
any liability or any claim under this Agreement, unless otherwise expressly
provided in this Agreement.

          (c)          Securities
Matters. The Company shall not be required to deliver any Shares until the
requirements of any federal or state securities or other laws, rules or regulations
(including the rules of any securities exchange) as may be determined by the
Company to be applicable are satisfied.

          (d)          Headings.
Headings are given to the sections and subsections of this Agreement solely as
a convenience to facilitate reference. Such headings shall not be deemed in any
way material or relevant to the construction or interpretation of this
Agreement or any provision hereof.

          (e)          Governing
Law. The internal law, and not the law of conflicts, of the State of
Minnesota will govern all questions concerning the validity, construction and
effect of this Agreement.

          (f)          Notices.
You should send all written notices regarding this Agreement or the Plan to the
Company at the following address:

	
  

 	
  

 
	
  

 	
 St. Jude Medical, Inc.

 
	
  

 	
 One Lillehei Plaza

 
	
  

 	
 St. Paul, MN 55117

 
	
  

 	
 Attn.: Stock Plan Administrator

 

          (g)          Award
Certificate. This Restricted Stock Award Agreement is attached to and made
part of an Award Certificate and shall have no force or effect unless such
Award Certificate is duly executed and delivered by the Company to you.

* * * * * * * *

6EXHIBIT 10.7

ST. JUDE MEDICAL, INC. 2007 STOCK INCENTIVE
PLAN

AWARD CERTIFICATE

Restricted Stock Units Award

This certifies that   [name]

is granted an
Award of **[number]* Restricted Stock Units, 

representing the opportunity to earn shares of Common Stock, $.10 par value,

of St. Jude Medical, Inc., a Minnesota corporation, on the dates and in the
amounts

set forth in the attached Restricted Stock Units Award Agreement.

	
  

 	
  

 	
  

 
	
  

 	
 Social
 Security Number:

 	
 _________________________

 
	
  

 	
  

 	
  

 
	
  

 	
 Address:

 	
 _________________________

 
	
  

 	
  

 	
  

 
	
  

 	
 Grant Date:

 	
 _________________,
 20 ____

 
	
  

 	
  

 	
  

 
	
  

 	
 Expiration
 Date of Restricted Period:

 	
 _________________________

 
	
  

 	
  

 	
  

 
	
  

 	
 Vesting:

 	
 [          vesting schedule           ]

 

	
  

 	
  

 	
  

 
	
  

 	
 This
 Restricted Stock Units Award is governed by, and subject in all respects to,
 the terms and conditions of the Restricted Stock Units Award Agreement, a
 copy of which is attached to and made a part of this document, and the St.
 Jude Medical, Inc. 2007 Stock Incentive Plan, a copy of which is available
 upon request. This Award Certificate has been duly executed, by manual or
 facsimile signature, on behalf of St. Jude Medical, Inc.

 	
  

 

	
  

 	
  

 	
  

 	
  

 	
  

 	
  

 
	
  

 	
 ST. JUDE
 MEDICAL, INC.

 
	
  

 	
  

 	
  

 
	
  

 	
 By:

 	
  

 	
  

 
	
  

 	
 Name:

 	
  

 	
  

 
	
  

 	
 Title:

 	
  

 	
  

 

ST. JUDE MEDICAL, INC.

2007 STOCK INCENTIVE PLAN

RESTRICTED STOCK UNITS AWARD AGREEMENT

(UNITED STATES)

          This
Restricted Stock Units Award Agreement is between St. Jude Medical, Inc., a
Minnesota corporation (the “Company”), and you, the person named in the
attached Award Certificate who is an employee of the Company. This Agreement is
effective as of the date of grant set forth in the attached Award Certificate
(the “Grant Date”).

          The
Company wishes to award to you Restricted Stock Units representing the
opportunity to earn shares of the Company’s Common Stock, $.10 par value (the
“Common Stock”), subject to the terms and conditions set forth in this
Agreement, in order to carry out the purpose of the St. Jude Medical, Inc. 2007
Stock Incentive Plan (the “Plan”).

          Accordingly,
for good and valuable consideration, the receipt and adequacy of which are
hereby acknowledged, the Company and you hereby agree as follows:

          1.
          Award of
Restricted Stock Units.

          The
Company hereby grants to you, effective as of the Grant Date, an Award of
Restricted Stock Units for that number of Units set forth in the attached Award
Certificate (the “Restricted Stock Units”), on the terms and conditions set
forth in this Agreement and the Award Certificate and in accordance with the
terms of the Plan. 

          2.
          Rights with
Respect to the Restricted Stock Units. 

          The
Restricted Stock Units granted pursuant to the attached Award Certificate and
this Agreement do not and shall not give you any of the rights and privileges
of a shareholder of Common Stock. Your rights with respect to the Restricted
Stock Units shall remain forfeitable at all times prior to the date or dates on
which such rights become vested, and the restrictions with respect to the
Restricted Stock Units lapse, in accordance with Section 3 or Section 4 hereof.

          3.
          Vesting.

          Subject
to the terms and conditions of this Agreement, the Restricted Stock Units shall
vest, and the restrictions with respect to the Restricted Stock Units shall lapse,
on the date or dates and in the amount or amounts set forth in the attached
Award Certificate if you remain continuously employed by the Company until the
respective vesting dates.

          4.
          Change of
Control. 

          Notwithstanding
the vesting provisions contained in Section 3 above, but subject to the
other terms and conditions in this Agreement, upon the occurrence of a Change
of Control (as defined below)
you shall become immediately and unconditionally vested in all Restricted Stock
Units for which vesting or forfeiture has not yet occurred pursuant to the
terms of this Agreement and the attached Award Certificate, and the
restrictions with respect to all such Restricted Stock Units shall lapse. For
purposes of this Agreement, “Change of Control” shall mean any of the following
events:

2

          (a)          the
acquisition by any person, entity or “group,” within the meaning of Section
13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), other than the Company or any of its Affiliates, or any
employee benefit plan of the Company and/or one or more of it Affiliates, of
beneficial ownership (within the meaning of Rule 13d-3 promulgated under the
Exchange Act) of 35% or more of either the then outstanding shares of Common
Stock or the combined voting power of the Company’s then outstanding voting
securities in a transaction or series of transactions not approved in advance
by a vote of at least three-quarters of the Continuing Directors (as defined
below); or

          (b)          individuals
who, as of the Grant Date, constitute the Board of Directors of the Company
(generally the “Directors” and as of the Grant Date the “Continuing Directors”)
cease for any reason to constitute at least a majority thereof, provided that
any person becoming a Director subsequent to the Grant Date whose nomination
for election was approved in advance by a vote of at lease three-quarters of
the Continuing Directors (other than a nomination of an individual whose
initial assumption of office is in connection with an actual or threatened
solicitation with respect to the election or removal of the Directors of the
Company, as such terms are used in Rule 14a-11 of Regulation 14A under the
Exchange Act) shall be deemed to be a Continuing Director; or

          (c)          the
consummation of a reorganization, merger, consolidation, liquidation or
dissolution of the Company or of the sale (in one transaction or a series of
related transactions) of all or substantially all of the assets of the Company
other than a reorganization, merger, consolidation, liquidation, dissolution or
sale approved in advance by a vote of at least three-quarters of the Continuing
Directors; or

          (d)          the
first purchase under any tender offer or exchange offer (other than an offer by
the Company or any of its Affiliates) pursuant to which shares of Common Stock
are purchased; or

          (e)          at
least a majority of the Continuing Directors determines in their sole discretion
that there has been a change in control of the Company.

          5.
          Forfeiture.

          If
your employment terminates prior to the vesting of the Restricted Stock Units
pursuant to Section 3 or Section 4 hereof, your rights to all of the
unvested Restricted Stock Units shall be immediately and irrevocably forfeited
unless otherwise determined by the Committee administering the Plan.

3

          6.
          Restriction on
Transfer. 

          None
of the Restricted Stock Units may be sold, assigned, transferred, pledged,
attached or otherwise encumbered, and no attempt to transfer the Restricted
Stock Units, whether voluntary or involuntary, by operation of law or
otherwise, shall vest the transferee with any interest or right in or with
respect to the Restricted Stock Units.

          7.
          Payment of
Restricted Stock Units; Issuance of Common Stock.

          No
shares of Common Stock shall be issued to you prior to the date on which the
applicable Restricted Stock Units vest in accordance with the terms and
conditions of the attached Award Certificate and this Agreement. After any
Restricted Stock Units vest pursuant to Section 3 or Section 4 hereof, the
Company shall promptly cause to be issued in your name one share of Common
Stock for each vested Restricted Stock Unit. Following payment of the
applicable withholding taxes pursuant to Section 9 hereof, the Company shall
promptly cause the shares of Common Stock (less any shares withheld to pay
taxes) to be delivered, either by book-entry registration or in the form of a
certificate or certificates, registered in your name or in the names of your
legal representatives, beneficiaries or heirs, as the case may be. The Company
will not deliver any fractional share of Common Stock but will pay, in lieu
thereof, the Fair Market Value of such fractional share of Common Stock.

          8.
          Adjustments.

          If
any Restricted Stock Units vest subsequent to any change in the number or
character of the Common Stock of the Company (through any stock dividend or
other distribution, recapitalization, stock split, reverse stock split,
reorganization, merger, consolidation, split-up, spin-off, combination,
repurchase or exchange of shares or otherwise), you shall then receive upon
such vesting the number and type of securities or other consideration which you
would have received if such Restricted Stock Units had vested prior to the
event changing the number or character of the outstanding Common Stock.

          9.
          Taxes.

          (a)          You
acknowledge that you will consult with your personal tax advisor regarding the
income tax consequences of the grant of the Restricted Stock Units, the vesting
of the Restricted Stock Units and the receipt of shares of Common Stock, and
any other matters related to this Agreement. In order to comply with all
applicable federal, state, local or foreign income tax laws or regulations, the
Company may take such action as it deems appropriate to ensure that all
applicable federal, state, local or foreign payroll, withholding, income or
other taxes, which are your sole and absolute responsibility, are withheld or
collected from you.

          (b)          In
accordance with the terms of the Plan, and such rules as may be adopted by the
Committee administering the Plan, you may elect to satisfy any applicable tax
withholding obligations arising from the vesting of the Restricted Stock Units
and the corresponding receipt of shares of Common Stock by (i) delivering cash
(including check, draft, money order or wire transfer made payable to the order
of the Company), (ii) having the Company withhold a portion of the shares of
Common Stock otherwise to be delivered having a Fair Market Value equal to the
amount of such taxes, or (iii) delivering to the Company shares of Common Stock
having a Fair Market
Value equal to the amount of such taxes. The Company will not deliver any
fractional share of Common Stock but will pay, in lieu thereof, the Fair Market
Value of such fractional share of Common Stock. Your election must be made on
or before the date that the amount of tax to be withheld is determined.

4

          10.          Section
409A Provisions. The payment of shares of Common Stock under this Agreement
are intended to be exempt from the application of section 409A of the Code
(“Section 409A”) by reason of the short-term deferral exemption set forth in
Treasury Regulation §1.409A-1(b)(4). Notwithstanding anything in the Plan or
this Agreement to the contrary, to the extent that any shares of Common Stock
payable hereunder constitute “deferred compensation” under Section 409A and
such shares are payable by reason of the occurrence of a Change of Control,
such amount will not be payable by reason of such circumstance unless the
Committee determines in good faith that (i) the circumstances giving rise to
such Change of Control meet the definition of a change in ownership or control,
disability or separation from service, as the case may be, in Section 409A, or
(ii) the payment would be exempt from the application of Section 409A by reason
of the short-term deferral exemption or otherwise. Any payment of shares that
constitutes “deferred compensation” under Section 409A and becomes payable to
you on account of your separation from service may not be made before the date
which is six months after the date of your separation from service (or if
earlier, upon your death) if you are a specified employee as defined in Section
409A(a)(2)(B) of the Code and the payment is not exempt from the application of
Section 409A by reason of the short-term deferral exemption or otherwise.

          11.
          General
Provisions.

          (a)           Interpretations.
This Agreement is subject in all respects to the terms of the Plan. A copy of
the Plan is available upon your request. Terms used herein which are defined in
the Plan shall have the respective meanings given to such terms in the Plan,
unless otherwise defined herein. In the event that any provision of this
Agreement is inconsistent with the terms of the Plan, the terms of the Plan
shall govern. Any question of administration or interpretation arising under
this Agreement shall be determined by the Committee administering the Plan, and
such determination shall be final, conclusive and binding upon all parties in
interest.

          (b)           No
Right to Employment. Nothing in this Agreement or the Plan shall be
construed as giving you the right to be retained as an employee of the Company.
In addition, the Company may at any time dismiss you from employment, free from
any liability or any claim under this Agreement, unless otherwise expressly
provided in this Agreement.

          (c)           Reservation
of Shares. The Company shall at all times prior to the vesting of the
Restricted Stock Units reserve and keep available such number of shares of
Common Stock as will be sufficient to satisfy the requirements of this
Agreement.

          (d)           Securities
Matters. The Company shall not be required to deliver any shares of Common
Stock until the requirements of any federal or state securities or other laws,
rules or regulations (including the rules of any securities exchange) as may be
determined by the Company to be applicable are satisfied.

5

          (e)          Headings.
Headings are given to the sections and subsections of this Agreement solely as
a convenience to facilitate reference. Such headings shall not be deemed in any
way material or relevant to the construction or interpretation of this
Agreement or any provision hereof.

          (f)          Governing
Law. The internal law, and not the law of conflicts, of the State of
Minnesota will govern all questions concerning the validity, construction and
effect of this Agreement.

          (g)          Notices.
You should send all written notices regarding this Agreement or the Plan to the
Company at the following address:

	
  

 	
  

 
	
  

 	
 St. Jude
 Medical, Inc.

 
	
  

 	
 One St. Jude
 Medical Drive

 
	
  

 	
 St. Paul, MN
 55117

 
	
  

 	
 Attn.: Stock
 Plan Administrator

 

          (h)          Award
Certificate. This Restricted Stock Units Award Agreement is attached to and
made part of an Award Certificate and shall have no force or effect unless such
Award Certificate is duly executed and delivered by the Company to you.

* * * * * * * *

6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00193-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00193-of-00352.parquet"}]]