Document:

Form of Restricted Stock Award Notice

 Exhibit 10.57 
  
 

 
  
 U.S.I. Holdings Corporation

  
 Restricted Stock Award Notice 
  
 You have been granted restricted shares of Common Stock of U.S.I. Holdings Corporation (the
“Company”) under the 2002 Equity Incentive Plan, on the following terms: 
  

			
	Name of Recipient:	    	 
		
	Total Number of Shares Granted:	    	 
		
	Fair Market Value per Share at Grant:	    	 
		
	Total Fair Market Value of Award at Grant:	    	 
		
	Date of Grant/Vesting Commencement Date:	    	 
		
	Vesting Schedule:	    	 

  
 By the signature of the Company’s representative below, and your signature on the following page, you and the Company agree that these shares are granted under and governed by the terms and conditions of the
U.S.I. Holdings Corporation 2002 Equity Incentive Plan (the “Plan”, available on the Company’s Intranet) as well as the Restricted Stock Agreement, attached to and made a part of this document. 
  

	
	 Given under the Common Seal of the

	 Company/By Order of the Board of Directors

	
	  

	 David L. Eslick

	 Chairman, President and Chief Executive Officer

 Restricted Stock Award Agreement 
  
 Payment for Shares: No payment is required for the shares you receive. 
  
 Vesting: The shares that you are receiving will vest in installments, as shown in the Notice of Restricted Stock Award. In addition,
the shares vest in full if the Company is subject to a “Change in Control” (as defined in the Plan) before your Service terminates. 
  
 No additional shares will vest after your Service has terminated for any reason. 
  

Shares Restricted: Unvested shares will be considered “Restricted Shares.” You may not sell, transfer, pledge or otherwise dispose of any Restricted
Shares, except as provided in the next sentence. You may transfer Restricted Shares to your spouse, children or grandchildren or to a trust established by you for the benefit of yourself or your spouse, children or grandchildren. A transferee of
Restricted Shares must agree in writing on a form prescribed by the Company to be bound by all provisions of this Agreement. 
  
 Forfeiture: If your Service terminates for any reason, then your shares will be forfeited to the extent that they have not vested before the termination date and
do not vest as a result of the termination. This means that the Restricted Shares will immediately revert to the Company. You will receive no payment for Restricted Shares that are forfeited. 
  
 The Company determines when your Service terminates for this purpose. 
  
 Leaves of Absence: For purposes of this award, your Service does not terminate when
you go on a military leave, a sick leave or another bona fide leave of absence, if the leave was approved by the Company in writing and if continued crediting of Service is required by the terms of the leave, the Company’s leave of
absence policy or by applicable law. But your Service terminates when the approved leave ends, unless you immediately return to active work. 
  
 If you go on a leave of absence, then the vesting schedule specified in the Notice of Restricted Stock Award may be adjusted in accordance with the Company’s leave
of absence policy or the terms of your leave. If you commence working on a part-time basis, then the vesting schedule specified in the Notice of Restricted Stock Award may be adjusted in accordance with the Company’s part-time work policy or
the terms of an agreement between you and the Company pertaining to your part-time schedule. 
  
 Stock Certificates: Your Restricted Shares will be held for you by the Company. After shares have vested, a stock certificate for those shares will be released to you. Regardless of whether the shares have been
registered under the Securities Act or have been registered or qualified under the securities laws of any state, the Company at its discretion may impose restrictions upon the sale, pledge or other transfer of the Restricted Shares (including the
placement of appropriate legends on stock certificates or the imposition of stop-transfer instructions) if, in the judgment of the Company, such restrictions are necessary or desirable in order to achieve compliance with the Securities Act, the
securities laws of any state or any other law. 
  
 Voting Rights: You may
vote your Restricted Shares even before they vest. 
  
 Dividends: You are
entitled to any dividends declared on the Restricted Shares even before they vest. 
  
 Withholding Taxes: No stock certificates will be released to you unless you have made acceptable arrangements to pay any withholding taxes that may be due as a result of this award or the vesting of the shares. With the
Company’s consent, these arrangements may include the withholding shares of Company stock that otherwise would be issued to you when they vest. 
  
 Restrictions on Resale: By signing this Agreement, you agree not to sell any shares at a time when applicable laws, Company policies, or an agreement between the
Company and its underwriters prohibit a sale. This restriction will apply as long as your Service continues and for such period of time after the termination of your Service as the Company may specify. 
  
 No Retention Rights: Your award or this Agreement do not give you the right to be
employed or retained by the Company or a subsidiary of the Company in any capacity. The Company and its subsidiaries reserve the right to terminate your Service at any time, with or without cause. 
  
 Adjustments: In the event of a stock split, a stock dividend or a similar change in
Company stock, the number of Restricted Shares that remain subject to forfeiture will be adjusted accordingly. 
  
 Applicable Law: This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to their choice-of-law provisions). 
  
 The Plan and Other Agreements: The text of the Plan is incorporated in this Agreement
by reference. 
  
 This Agreement and the Plan constitute the entire understanding
between you and the Company regarding this award. Any prior agreements, commitments or negotiations concerning this award are superseded. This Agreement may be amended only by another written agreement, signed by both parties. 
  

							
	BY SIGNING BELOW, YOU AGREE TO ALL OF THE
TERMS AND CONDITIONS DESCRIBED ABOVE AND IN THE PLAN.
		
	RECIPIENT:	 	  

				
	 Print Name:
	 	  

	 	Date:Form of Stock Option Award Notice

 Exhibit 10.58 
  
 

 
  
 U.S.I. Holdings Corporation

  
 Stock Option Award Notice 
  
 You have been granted non-qualified stock options on U.S.I. Holdings Corporation (the
“Company”) common stock under the 2002 Equity Incentive Plan and the following terms: 
  

			
	Name of Recipient:	    	 
		
	Total Number of Option Granted:	    	 
		
	Option Exercise Price:	    	 
		
	Grant Date:	    	 
		
	Option Expiration Date:	    	 
		
	Vesting Schedule:	    	25% per year *

	*	The first 25% of the total number of shares subject to this award will vest when you complete 1 year of continuous “Service” (as defined in the Plan) from the Vesting
Commencement Date. Thereafter, an additional 25% of the shares subject to this award will vest on each anniversary, when you complete each year of continuous Service. 

  
 By the signature of the Company’s representative below, and your signature on the following page, you and the Company agree that these
options granted under and governed by the terms and conditions of the U.S.I. Holdings Corporation 2002 Equity Incentive Plan (the “Plan”, available on the Company’s Intranet) as well as the Stock Option Agreement, attached to and made
a part of this document. 
  

	
	 Given under the Common Seal of the

	 Company/By Order of the Board of Directors

	
	  

	 David L. Eslick

	 Chairman, President and Chief Executive Officer

  
 This award is
subject to the other terms of the Stock Option Award Agreement, 
 which appears on the back of this Notice. This award is not an award of
U.S.I. Holdings Corporation stock. 

 Stock Option Award Agreement 
  
 Section 1. Grant Of Option. 
  
 This Stock Option Agreement (“Agreement”) is entered into between U.S.I. Holdings Corporation (the “Company”) and the person whose name appears in the
Notice of Stock Option Grant (the “Notice of Stock Option Grant”) located on the opposite side of this Agreement (the “Optionee”). The Company has granted to Optionee an option to purchase shares (the “Shares”) of
Common Stock of the Company in such amount and at the Exercise Price as provided in the Notice of Option Grant. All capitalized terms herein shall have the meaning given to them in the U.S.I. Holdings Corporation 2002 Equity Incentive Plan (the
“Plan”). 
  
 Option. On the terms and conditions set forth in the Notice
of Stock Option Grant and this Agreement, the Company grants to the Optionee on the Date of Grant an option to purchase at the Exercise Price the number of Shares set forth in the Notice of Stock Option Grant. The Exercise Price is agreed to be at
least 100% of the Fair Market Value per Share on the Date of Grant. This option is intended to be an NSO. 
  
 Stock Plan. This option is granted pursuant to the Plan, a copy of which the Optionee acknowledges having received. The provisions of the Plan are incorporated into this Agreement by this reference. 
  
 Section 2. Right To Exercise. 
  
 Exerciseability. Subject to the conditions set forth in this Agreement, all or part of this
option may be exercised prior to its expiration at the time or times set forth in the Notice of Stock Option Grant. 
  
 Section 3. No Transfer Or Assignment Of Option. 
  
 Except as otherwise provided in this Agreement, this option and the rights and privileges conferred hereby shall not be sold, pledged or otherwise transferred (whether by
operation of law or otherwise) and shall not be subject to sale under execution, attachment, levy or similar process. 
  
 Section 4. Exercise Procedures. 
  
 Notice of Exercise. The Optionee or the Optionee’s representative may exercise this option by giving notice to the Company or its agent designated for this purpose,
pursuant to this Agreement. The notice shall specify the election to exercise this option, the number of Shares for which it is being exercised and the form of payment. The notice shall be signed by the person exercising this option. In the event
that this option is being exercised by the representative of the Optionee, the notice shall be accompanied by proof (satisfactory to the Company) of the representative’s right to exercise this option. The Optionee or the Optionee’s
representative shall deliver to the Company, at the time of giving the notice, payment in a form permissible for the full amount of the Exercise Price. 
  
 Issuance of Shares. After receiving a proper notice of exercise, the Company shall cause to be issued, in book-entry format, shares through the use of the Direct
Registration System or at the request of the purchaser, a certificate or certificates for the Shares as to which this option has been exercised, registered in the name of the person exercising this option (or in the names of such person and his or
her spouse as community property or as joint tenants with right of survivorship). 
  
 Withholding Taxes. In the event that the Company determines that it is required to withhold any tax as a result of the exercise of this option, the Optionee, as a condition to the exercise of this option, shall make arrangements
satisfactory to the Company to enable it to satisfy all withholding requirements. The Optionee shall also make arrangements satisfactory to the Company to enable it to satisfy any withholding requirements that may arise in connection with the
vesting or disposition of Shares purchased by exercising this option. 
  
 Section 5. Payment for Shares. 
  
 All or part of the
Exercise Price may be paid with respect only to purchaser upon exercise of an option, and provided that a public market for the Shares exists: through a “same day sale” commitment (on a form prescribed by the Company) whereby the Optionee
irrevocably elects to exercise the option and to sell a portion of the Shares thereby purchased to pay the Exercise Price, and a securities broker approved by the Company irrevocably commits to forward the Exercise Price directly to the Company upon
receipt of the proceeds of such sales. 
  
 Section 6. Term And Expiration.

  
 Basic Term. This option shall in any event expire on the expiration date
set forth in the Notice of Stock Option Grant, which date is 10 years after the Date of Grant. 
  
 Termination of Service (Except by Death, Disability or Retirement). If an Optionee’s Service terminates for any reason other than the Optionee’s death, Disability or Retirement, then the Optionee’s
options shall expire on the earliest of the following occasions: 
  
 The
termination date determined pursuant to the Basic Term above; or 
  
 The date 30
days after the termination of the Optionee’s Service for any reason other than Death, Disability, Retirement or Cause, or such later date as the Board of Directors may determine; or 
  
 The date of the termination of the Optionee’s Service for Cause, or such later date as the Board of Directors may determine.

  
 The Optionee may exercise all or part of the Optionee’s options at any
time before the expiration of such options under the preceding sentence, but only to the extent that such options have vested and otherwise become exercisable. The balance of such options shall lapse when the Optionee’s Service terminates. When
the Optionee’s Service terminates, this option shall expire immediately with respect to the number of Shares for which this option is not yet exercisable. In the event that the Optionee dies after termination of Service but before the
expiration of this option, all or part of this option may be exercised (prior to expiration) by the executors or administrators of the Optionee’s estate or by any person who has acquired this option directly from the Optionee by beneficiary
designation, bequest or inheritance, but only to the extent that this option had become exercisable before the Optionee’s Service terminated. 
  
 Termination of Service in the Event of Death, Disability or Retirement. If an Optionee dies or becomes Disabled while the Optionee is in Service, or upon Retirement
(defined in the Plan) of the Optionee, the Optionee’s options shall expire on the earlier of the following dates: 
  
 The expiration date determined pursuant to the Basic Term above; or 
  
 The date 12 months after the Optionee’s termination of Service. 
  
 All or part of the Optionee’s options may be exercised at any time before the expiration of such options under the preceding sentence by the Optionee’s legal
representative, executors or administrators of the Optionee’s estate, or by any person who has acquired such options directly from the Optionee by beneficiary designation, bequest or inheritance, but only to the extent that such options had
become exercisable before the Optionee’s termination of Service. The balance of such options shall lapse when the Service of the Optionee terminates. 
  
 Leaves of Absence. For any purpose under this Agreement, Service shall be deemed to continue while the Optionee is on a bona fide leave of absence, if such leave was
approved by the Company in writing or if continued crediting of Service for such purpose is expressly required by the terms of such leave (as determined by the Company) or by applicable law. 
  
 Section 7. Registration. 
  
 The Shares being issued pursuant to this option have been registered under the Securities
Act of 1933, as amended. 
  
 Section 8. Securities Law Restrictions. 

  
 Regardless of whether the offering and sale of Shares under the Plan have
been registered under the Securities Act or have been registered or qualified under the securities laws of any state, the Company at its discretion may impose restrictions upon the sale, pledge or other transfer of such Shares (including the
placement of appropriate legends on stock certificates or the imposition of stop-transfer instructions) if, in the judgment of the Company, such restrictions are necessary or desirable in order to achieve compliance with the Securities Act, the
securities laws of any state or any other law. 
  
 Section 9. Adjustment Of
Shares. 
  
 In the event of any transaction described in Section 8(a) of the
Plan, the terms of this option (including, without limitation, the number and kind of Shares subject to this option and the Exercise Price) shall be adjusted as set forth in Section 8(a) of the Plan. In the event that the Company is a party to a
merger or consolidation, this option shall be subject to the agreement of merger or consolidation, as provided in Section 8(b) of the Plan. 
  
 Section 10. Miscellaneous Provisions. 
  
 Rights as a Stockholder. Neither the Optionee nor the Optionee’s representative shall have any rights as a stockholder with respect to any Shares subject to this
option until the Optionee or the Optionee’s representative becomes entitled to receive such Shares by filing a notice of exercise and paying the Exercise Price pursuant to Sections 4 and 5. 
  
 No Rights to Continued Employment. Nothing in this option or in the Plan shall confer upon
the Optionee any right to continue in Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Company (or any Parent or Subsidiary employing or retaining the Optionee) or of the Optionee,
which rights are hereby expressly reserved by each, to terminate his or her Service at any time and for any reason, with or without cause. 
  
 Notice. Any notice required by the terms of this Agreement shall be given in writing and shall be deemed effective upon personal delivery or upon deposit with the United
States Postal Service, by registered or certified mail, with postage and fees prepaid. Notice shall be addressed to the Company at its principal executive office and to the Optionee at the address that he or she most recently provided to the
Company. 
  
 Entire Agreement. The Notice of Stock Option Grant, this Agreement
and the Plan constitute the entire contract between the parties hereto with regard to the subject matter hereof. They supersede any other agreements, representations or understandings (whether oral or written and whether express or implied) which
relate to the subject matter hereof. 
  
 Choice of Law. This Agreement shall be
governed by, and construed in accordance with, the laws of the State of New York, without regard to principles of conflict of laws.  
  
 By receipt of this Notice of Stock Option Grant and this Agreement, you agree to accept the terms of the Agreement as set forth herein and in the Plan. Please sign and
return this notice to accept this award. 
  

			
	  

	 	  

	 Participant’s Signature
	 	Date
		
	  

	 	  

	 Print Name
	 	Date

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