Document:

Form of Non-Qualified Stock Option Award

 Exhibit 10.2 
 NON-QUALIFIED STOCK OPTION AWARD UNDER 
 NAVIGANT CONSULTING, INC. 2005 LONG-TERM INCENTIVE PLAN

 Unless otherwise defined herein, the defined terms in this Agreement will have the same meanings given to them in the Navigant Consulting, Inc.
2005 Long-Term Incentive Plan (the “Plan”). This Agreement will become null and void unless the Optionee accepts this Agreement by signing it in the space provided and returning it to the Company. 
  

	I.	NOTICE OF STOCK OPTION AWARD AND GENERAL TERMS 

 The Company maintains the
Plan, under which Non-Qualified Stock Option awards may be granted to eligible persons as approved by the Compensation Committee or by a corporate officer to whom such authority has been delegated. The Plan is incorporated into and forms a part of
this Agreement. The Company hereby grants to the person identified below the following Non-Qualified Stock Option award, subject to the terms of the Plan and this Agreement. The principal terms of the award are as follows: 
  

					
	 Date of Grant:
	  		  	
			
	 Name of Optionee:
	  		  	
			
	 Total Number of shares of Common Stock Granted (“Shares”):
	  		  	
			
	 Exercise Price Per Share:
	  		  	
			
	 Type of Option:
	  		  	
			
	 Expiration Date:
	  		  	or, if earlier, three months after termination of employment or service
	 Exercise Provisions
	  		  	
			
	 Number of Shares Vested
	  	Vest Date	  	

	II.	AGREEMENT OF THE PARTIES 

 A. Grant of Option. The
Company hereby grants to the Optionee named in Section I above (the “Optionee”), an option (the “Option”) to purchase the number of Shares set forth in Section I above, at the per-Share exercise price set forth in Section I above
(the “Exercise Price”), subject to the terms and conditions of the Plan, which are incorporated in this Agreement by reference. If there is a conflict between the terms and conditions of the Plan and this Agreement, the terms and
conditions of the Plan will prevail. 
 The Option is a non-qualified stock option (“NQSO”), which means it is not intended to qualify as an
“incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). 
 B.
Vesting and Expiration Dates. 
  

	 	1.	The Option will vest according to the Exercise Provisions listed in Section I. If the Optionee’s service with the Company and any of its Affiliates terminates before the
Expiration Date for a reason other than his death or Disability, the Optionee will forfeit any portion of the Shares that have not yet then vested as of the date of termination. At the discretion of the Compensation Committee of the Company’s
Board of Directors, all or any portion of the unvested Restricted Shares may become vested upon the Participant’s death or Permanent and Total Disability. 

 Notwithstanding the foregoing, the Shares subject to the Option may otherwise become exercisable in accordance with subparagraph 2 of this paragraph B.

  

	 	2.	If the Optionee’s employment with or service to the Company ceases for any reason other than death, disability or termination for “cause”, the Optionee shall be
permitted to exercise any Option, to the extent it was exercisable on the date of such cessation, but only within three months of such cessation, or, if earlier, within the originally prescribed term of the Option as shown in Section I above;
provided, however, that if the Optionee dies or becomes disabled within the three month period after the termination of employment or service, or, if earlier, within the originally prescribed term of the Option, the Optionee or the Optionee’s
estate or personal representative may exercise the Option within 12 months after the date of the Optionee’s death or disability, but in no event beyond the originally prescribed term of the Option. 

  

	 	3.	[If a “Change in Control” as defined in the 2005 Long-Term Incentive Plan occurs before [final vesting date], any unvested portion of the Award will immediately become
fully vested and exercisable.] 

 C. Exercise of Option. The Option may be exercised in whole or in part by following
the procedures set forth in Section II of the Plan. 

 D. Cancellation and Rescission. The Option and any gains resulting from its vesting or exercise
are subject to cancellation or forfeiture as provided in Section 5.12 of the Plan. 
 E. Non-Transferability. The Option is not
transferable or assignable except as provided in Section V of the Plan. 
 F. Entire Agreement; Governing Law; Jurisdiction and Venue.
The Plan, this Agreement and any document expressly referred to herein constitute the entire agreement of the parties with respect to the Option, and any and all prior oral or written representations are merged into this Agreement. This Agreement
and all determinations made and actions taken pursuant to it, will be governed by the laws of the State of Delaware, without giving effect to that state’s principles of conflicts of law. Each party hereby irrevocably consents to exclusive
jurisdiction and venue in state or federal courts located in Cook County, Illinois with respect to all matters relating to this Agreement or the Option. 
 G. No Right to Employment or Service. Nothing in the Plan or this Agreement will be construed as creating any right in the Optionee to continued employment with or to continue providing services to the Company,
or as altering or amending the existing terms and conditions of the Optionee’s employment or service. 
 H. Option Confers No Rights
as Stockholder. The Optionee has no rights as a stockholder of the Company with respect to any Shares of stock of the Company which are subject to the Option hereunder, unless and until the Optionee becomes a stockholder of record with respect
to those Shares. 
 I. Compliance with IRS Code Section 409A. It is intended that the award, vesting and exercise of the
Option will comply with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), and treasury regulations relating thereto, so as not to subject Optionee to the payment of any interest or tax penalty, provided,
however, that neither the Company, its affiliates or any of their directors, officers, employees, consultants, or other agents shall be liable to Optionee or otherwise responsible for any such interest and tax penalties.  
 J. Amendment and Waiver. The provisions of this Agreement may be amended or waived only by written agreement between the Company and the Optionee.
The Optionee hereby releases and waives any claims against the Company based on any delay in the delivery of this Agreement. 
 The Optionee acknowledges he
or she has reviewed a copy of the Plan and represents that he or she is familiar with its terms and provisions, and hereby accepts this Option subject to all of the terms and provisions of the Plan. 

			
	NAVIGANT CONSULTING, INC.
		
	By:	 	  

		
	Its:	 	  

	
	Optionee:
	
	  

	(Optionee’s Signature)
	
	  

	Name Printed
		
	Dated:	 	  

	
	Residence Address:Navigant Consulting, Inc. Directors' Deferred Fees Plan

 Exhibit 10.3 
 NAVIGANT CONSULTING, INC. 
 DIRECTORS’ DEFERRED FEES PLAN 
 ARTICLE I 
 Purpose 
 The purpose of the Navigant Consulting, Inc. Directors’ Deferred Fees Plan is to provide Non-Employee Directors with the opportunity to defer the
receipt of all or a portion of their annual cash retainer and meeting attendance fees. All capitalized terms used in the Plan shall have the meanings set forth in Article II. 
 ARTICLE II 
 Definitions 
 “Board” means the Board of Directors of Navigant Consulting, Inc. 
 “Company” means Navigant Consulting, Inc. 
 “Deferral” shall have the meaning set forth in Section 4.1. 
 “Deferral Account” means a bookkeeping
account in the name of a Non-Employee Director who elects to defer, pursuant to the Plan, all or a portion of his or her Retainer/Fees. 
 “Deferral Crediting Date” shall have the meaning set forth in Article V. 
 “Deferral Election” shall have the
meaning set forth in Section 4.1. 
 “Distribution Date” shall have the meaning set forth in Section 7.1. 
 “Interest Account” means an account established on behalf of a Non-Employee Director pursuant to Article VI of the Plan. 
 “Non-Employee Director” means any director of the Company who is not an officer or employee of the Company or any subsidiary of the Company.

 “Plan” means Directors Deferred Fees Plan, as amended and restated from time to time. 
 “Plan Year” means the 12-month period coincident with the calendar year. 
 “Prime Rate” means the interest rate published from time to time by LaSalle Bank N.A. 
 “Retainer/Fees” means the annual cash retainer fee and meeting attendance fees payable to Non-Employee Directors for service as a member of the
Board or a committee of the Board, 

 
excluding such fees that a Non-Employee Director elects to forgo in exchange for Elective Options granted under the Company’s Long-Term Incentive Plan.

 “Termination Date” means the date on which a Non-Employee Director ceases to serve as a member of the Board. 
 “Valuation Date” means the last day of each calendar month. 
 ARTICLE III 
 Administration 
 The Board shall administer the Plan or a committee designated by the Board. The Board shall, subject to the terms of this Plan, interpret this Plan and
the application thereof, and establish rules and regulations it deems necessary or desirable for the administration of this Plan. All such interpretations, rules and regulations shall be final, binding and conclusive. The Board may delegate
administrative duties under the Plan to one or more agents, as it shall deem necessary or advisable. 
 ARTICLE IV 
 Deferral Elections 
 4.1. Eligibility for
Deferral Elections. Each Non-Employee Director shall be eligible to participate in the Plan. Prior to the first day of each Plan Year, a Non-Employee Director may make an irrevocable election to defer receipt of all or any portion of his or her
Retainer/Fees for such Plan Year in accordance with this Article (each such election shall be referred to as a “Deferral Election” and the amounts deferred pursuant to such an election the “Deferral”). A Non-Employee Director
shall be eligible to make a Deferral Election if he or she is a current member of the Board or has been elected to the Board on the date such election is made. 
 4.2. Election Procedures. All Deferral Elections must be made in accordance with procedures prescribed by the Board, and must be received by the Plan administrator prior to the first day of the Plan Year for
which such election is effective. Any Deferral Election shall apply only to the Retainer/Fees otherwise payable in the year for which the Deferral Election is made. 
 ARTICLE V 
 Deferral Accounts 
 All amounts deferred pursuant to a Non-Employee Director’s Deferral Elections under the Plan shall be credited to a Deferral Account maintained on
behalf of such Non-Employee Director as of the first business day of each quarter (the “Deferral Crediting Date”). A Non-Employee Director shall be fully vested at all times in the balance of his or her Deferral Account. 

 ARTICLE VI 
 Interest Account 
 Under the Interest Account, interest will be credited to the Non-Employee Director’s
Deferral Account as of each Valuation Date and on the date the final payment of a Deferral is to be made based on the balance in the Non-Employee Director’s Deferral Account deemed invested in the Interest Account on the Valuation Date or such
final payment date. The rate of interest to be credited will be the quoted rated on a ten-year U.S. Treasury Note as of the first business day of each year, plus one percent. 
 ARTICLE VII 
 Payment of Deferral Accounts 
 7.1. Time and Method of Payment. Payment of a Non-Employee Director’s Deferral Account shall be made in a single lump sum or in installments
as elected by the Non-Employee Director prior to his or her Termination Date. If a Non-Employee Director’s Deferral Account is payable in a single lump sum, the payment shall be made as soon as practicable after the first day of the Plan Year
following the Termination Date, (the “Distribution Date”). If a Non-Employee Director’s Deferral Account is payable in installment payments, then the Non-Employee Director’s Deferral Account shall be paid in substantially equal
annual installments over the period, not longer than 10 years, as elected by the Non-Employee Director, and commencing as soon as practicable following the Distribution Date. 
 7.2 Form of Payment. The payment of that portion of a Deferral Account invested in the Interest Account shall be made in cash. 
 7.3 Installment Payments. If installment payments are elected pursuant to Section 7.1, the amount to be paid to the Non-Employee Director on
each payment date shall be determined as follows: the amount of the principal payment of each installment shall be determined by dividing the current principal balance by the number of remaining installment payments and the amount of the interest
payment shall be determined by dividing the current interest balance by the number of remaining installment payments. 
 ARTICLE VIII

 Payment Upon Death of a Non-Employee Director 
 8.1. Payment to Beneficiary. In the event a Non-Employee Director dies before all amounts credited to his or her Deferral Account have been paid, payment of the Non-Employee Director’s Deferral Account
shall be made or shall commence in the form of payment elected by the Non-Employee Director or in such other form designated by the Board in its sole discretion. 
 8.2 Designation of Beneficiary. Each Non-Employee Director may file with the Corporate Secretary a written designation of one or more persons as such Non-Employee Director’s beneficiary or beneficiaries
(both primary and contingent) in the event of the Non-Employee Director’s death. Each beneficiary designation shall become effective only when filed in writing with the Corporate Secretary during the Non-Employee Director’s lifetime on a
form prescribed by the Company. The filing with the Corporate Secretary of a new beneficiary 

 
designation shall cancel all previously filed beneficiary designations. If a Non-Employee Director fails to designate a beneficiary, or if all designated
beneficiaries of a Non-Employee Director predecease the Non-Employee Director, then the Deferral Account shall be paid to the Non-Employee Director’s estate. 
 ARTICLE IX 
 Funding 
 The Company shall pay benefits payable under the Plan to any Non-Employee Director. The Company shall not be required to fund, or otherwise segregate assets to be used for payment of benefits under the Plan.
Notwithstanding the foregoing, the Company, in the discretion of the Board, may maintain one or more grantor trusts (each, a “Trust”) to hold assets to be used for payment of benefits under the Plan. The assets of the Trust shall remain
the assets of the Company subject to the claims of its general creditors. Any payments by a Trust of benefits provided to a Non-Employee Director under the Plan shall be considered payment by the Company and shall discharge the Company of any
further liability under the Plan for such payments. 
 ARTICLE X 
 General 
 10.1. Effective Date; Termination. This Plan, as amended and restated
herein, shall be effective as of the Effective Date. The Board may terminate this Plan at any time. Termination of this Plan shall not affect the payment of any amounts credited to a Non-Employee Director’s Deferral Account. 
 10.2. Amendments. The Board may amend this Plan as it shall deem advisable, subject to any requirement of stockholder approval required by
applicable law, rule or regulation. No amendment may impair the rights of a Non-Employee Director to payment of his or her Deferral Account without the consent of such Non-Employee Director. 
 10.3. Non-Transferability of Benefits. No benefit payable at any time under the Plan shall be subject in any manner to alienation, sale, transfer,
assignment, pledge, attachment, or other legal process, or encumbrance of any kind. Any attempt to alienate, sell, transfer, assign, pledge or otherwise encumber any such benefits, whether currently or thereafter payable, shall be void. No person
shall, in any manner, be liable for or subject to the debts or liabilities of any person entitled to such benefits. If any person shall attempt to, or shall alienate, sell, transfer, assign, pledge or otherwise encumber his benefits under the Plan,
or if by any reason of his bankruptcy or other event happening at any time, such benefits would devolve upon any other person or would not be enjoyed by the person entitled thereto under the Plan, then the Board, in its discretion, may terminate the
interest in any such benefits of the person entitled thereto under the Plan and hold or apply them for or to the benefit of such person entitled thereto under the Plan or his spouse, children or other dependents, or any of them, in such manner as
the Board may deem proper. 
 10.4. Forfeitures and Unclaimed Amounts. Unclaimed amounts shall consist of the amounts of the Deferral
Account of a Non-Employee Director that are not distributed because of the Board’s inability, after a reasonable search, to locate a Non-Employee Director or his or her 

 
Beneficiary, as applicable, within a period of two (2) years after the Distribution Date upon which the payment of any benefits becomes due. Unclaimed
amounts shall be forfeited at the end of such two-year period. These forfeitures will reduce the obligations of the Company under the Plan and the Non-Employee Director or Beneficiary, as applicable, shall have no further right to his Deferral
Account. 
 10.5. Governing Law. This Plan and all determinations made and actions taken pursuant thereto shall be governed by the
laws of the State of Delaware and construed in accordance therewith without giving effect to

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00119-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00119-of-00352.parquet"}]]