Document:

EX-10.22

 

Exhibit 10.22

AMENDED AND RESTATED

CHART INDUSTRIES, INC.

2005 STOCK INCENTIVE PLAN

FORM OF

RESTRICTED STOCK UNIT AGREEMENT

(For Non-Employee Directors)

Participant:
                                                
     Date of Grant:
                    , 20     

Number of RSUs:                                         

     1. Grant of RSUs. The Company hereby grants the number of restricted stock units
(“RSUs”) listed above to the Participant, on the terms and conditions hereinafter set
forth. This grant is made pursuant to the terms of the Amended and Restated Chart Industries, Inc.
2005 Stock Incentive Plan (the “Plan”), which Plan, as amended from time to time, is
incorporated herein by reference and made a part of this Agreement. Each RSU represents the
unfunded, unsecured right of the Participant to receive a Share on the date(s) specified herein.
Capitalized terms not otherwise defined herein shall have the same meanings as in the Plan.

     2. Vesting.

     (a) Subject to the Participant’s continued Employment with the Company, the RSUs shall be one
hundred percent (100%) vested on the first anniversary of the Date of Grant.

     (b) (i) If the Participant’s Employment with the Company is terminated for any reason, the
RSUs shall, to the extent not then vested, be forfeited by the Participant without consideration.

          (ii) Notwithstanding the foregoing, if the Participant’s Employment with the Company is
terminated as a result of the Participant’s death or Disability, the RSUs shall, to the extent not
then vested and not previously forfeited, immediately become fully vested.

     (c) Notwithstanding any other provisions of this Agreement to the contrary, in the event of a
Change in Control, the RSUs shall, to the extent not then vested and not previously forfeited,
immediately become fully vested as contemplated by Section 9(b) of the Plan.

     3. Form and Timing of Issuance or Transfer.

     (a) The Company shall issue or cause there to be transferred to the Participant, on [the
earli[er][est] of] the ___anniversary of the Date of Grant [[or][,] the first day of January
following the Participant’s separation from service with the Board [or] the date of the occurrence
of a “change in ownership or effective control” (as defined under Section

 

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409A of the Code) of the Company1  (the “Delivery Date”), a number
of Shares equal to the aggregate number of RSUs granted to the Participant under this Agreement.

     (b) Upon each issuance or transfer of Shares in accordance with Section 3(a) of this
Agreement, a number of RSUs equal to the number of Shares issued or transferred to the Participant
shall be extinguished.

     4. Dividends. If on any date while RSUs are outstanding hereunder the Company shall
pay any cash dividend on the Shares (with a record date after the Date of Grant), the Participant
shall be entitled to receive, on the Delivery Date, a cash payment equal to the product of (a) the
number of RSUs held by the Participant as of the related dividend record date, multiplied by (b)
the per Share amount of such cash dividend. In the case of any dividend declared on Shares (with a
record date after the Date of Grant) that is payable in the form of Shares, the Participant shall
be granted, as of the Delivery Date, a number of Shares (rounded down to the next whole Share)
equal to the product of (x) the aggregate number of RSUs that have been held by the Participant
through the related dividend record date, multiplied by (y) the number of Shares (including any
fraction thereof) payable as a dividend on a Share.

     5. Adjustments Upon Certain Events. The Committee shall make certain substitutions or
adjustments to any RSUs subject to this Agreement pursuant to Section 9(a) of the Plan, but without
duplicating the value of any cash or additional Shares the Participant shall be entitled to receive
under Section 4 hereof.

     6. No Right to Continued Employment. The granting of RSUs evidenced by this Agreement
shall impose no obligation on the Company or any Affiliate to continue the Employment of the
Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the
Employment of such Participant.

     7. No Rights of a Shareholder. The Participant shall not have any rights as a
shareholder of the Company until the Shares in question have been registered in the Company’s
register of shareholders.

     8. Legend on Certificates. Any Shares issued or transferred to the Participant
pursuant to Section 3 of this Agreement shall be subject to such stop transfer orders and other
restrictions as the Committee may deem advisable under the Plan or the rules, regulations, and
other requirements of the Securities and Exchange Commission, any stock exchange upon which such
Shares are listed, and any applicable federal or state laws or relevant securities laws of the
jurisdiction of the domicile of the Participant, and the Committee may cause a legend or legends to
be put on any certificates representing such Shares to make appropriate reference to such
restrictions.

     9. Transferability. RSUs may not be assigned, alienated, pledged, attached, sold or
otherwise transferred or encumbered by the Participant otherwise than by will or by the laws of
descent and distribution, and any purported assignment, alienation, pledge, attachment,

 

			
	1	 	Insert first anniversary in the event no
deferral election is made or the applicable date or dates as reflected in the
director’s deferral election.

 

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sale, transfer or encumbrance not permitted by this Section 9 shall be void and unenforceable
against the Company or any Affiliate.

     10. Notices. Any notice under this Agreement shall be addressed to the Company in
care of its Secretary at the principal executive office of the Company and to the Participant at
the address appearing in the records of the Company or its Affiliates for the Participant or to
either party at such other address as either party hereto may hereafter designate in writing to the
other. Any such notice shall be deemed effective upon receipt thereof by the addressee.

     11. Withholding. The Participant may be required to pay to the Company or any
Affiliate and the Company or any Affiliate shall have the right and is hereby authorized to
withhold from any issuance or transfer due under this Agreement or under the Plan or from any
compensation or other amount owing to the Participant, applicable withholding taxes with respect to
any issuance or transfer under this Agreement or under the Plan and to take such action as may be
necessary in the opinion of the Company to satisfy all obligations for the payment of such
withholding taxes.

     12. Choice of Law. THE INTERPRETATION, PERFORMANCE AND ENFORCEMENT OF THIS AGREEMENT
SHALL BE GOVERNED BY THE LAWS OF THE STATE OF DELAWARE WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF
LAW.

     13. RSUs Subject to Plan. By entering into this Agreement, the Participant agrees and
acknowledges that the Participant has received and read a copy of the Plan. All RSUs are subject
to the Plan. In the event of a conflict between any term or provision contained herein and a term
or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail.

     14. Modifications. Notwithstanding any provision of this Agreement to contrary, the
Company reserves the right to modify the terms and conditions of this Agreement including, without
limitation, the timing or circumstances of the issuance or transfer of Shares to the Participant
hereunder, to the extent such modification is determined by the Company to be necessary to comply
with applicable law or preserve the intended deferral of income recognition with respect to the
RSUs until the issuance or transfer of Shares hereunder.

     15. Signature in Counterparts. This Agreement may be signed in counterparts, each of
which shall be an original, with the same effect as if the signatures thereto and hereto were upon
the same instrument.

     14. Compliance with Section 409A of the Code. Notwithstanding any other provisions of
this Agreement or the Plan, the RSUs shall not be deferred, accelerated, extended, paid out or
modified in a manner that would result in the imposition of an additional tax under Section 409A of
the Code upon the Participant. In the event it is reasonably determined by the Committee that, as
a result of Section 409A of the Code, the transfer of Shares under this Agreement may not be made
at the time contemplated hereunder without causing the Participant to be subject to taxation under
Section 409A of the Code, the Company will make such payment

 

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on the first day that would not result in the Participant incurring any tax liability under
Section 409A of the Code.

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement.

	 	 	 	 	 
	 	CHART INDUSTRIES, INC.

 	 
	 	By:  	 	 
	 	 	 	 
	 	 	 	 
	 
	 	PARTICIPANT

 	 
	 	By:EX-10.1

 

Exhibit 10.1

          SIXTH AMENDMENT, dated as of June ___, 2006 (“Sixth Amendment”), to the RECEIVABLES
PURCHASE AND TRANSFER AGREEMENT, dated as of November 1, 2000 (as amended prior to the date hereof,
the “Original RPTA”, and as it may be amended, modified or supplemented on and after the date
hereof, including by this Sixth Amendment, the “RPTA”), among BIOSCRIP PBM SERVICES, LLC (as
successor to MIM Health Plans, Inc.), a Delaware corporation (together with its corporate
successors and assigns, “BioScrip”, and in its capacity as primary servicer thereunder, the
"Primary Servicer”), each of the parties named on Schedule I hereto (each, including BioScrip, a
"Provider” and collectively, the “Providers”), and MIM FUNDING LLC, a Delaware limited liability
company (together with its successors and assigns, the “Purchaser”) and consented to by HFG
HEALTHCO-4 LLC (the “Lender”), as assignee of the Purchaser. Unless otherwise defined herein,
terms in the RPTA are used herein as therein defined.

          The Parent and certain of the Providers party to the Original RPTA previously have changed
their legal names to the names appearing on Schedule I
hereto (the “Name Changes”).

          The Primary Servicer has requested Additions of BioScrip Infusion Services, Inc., BioScrip
Pharmacy, Inc., JPD, Inc. and Natural Living, Inc. (collectively, the
“Additional Providers”) as
additional Providers under the RPTA.

          Accordingly, in consideration of the foregoing and for other good and valuable consideration,
the receipt and sufficiency of which hereby are acknowledged, and subject to the fulfillment of the
conditions set forth below, the parties hereto agree as follows:

          SECTION 1. AMENDMENTS TO RPTA

          1.1 Schedule I to the Original RPTA is hereby amended and restated in its entirety to read as
set forth in Schedule I attached hereto.

          1.2 The defined term of “Parent” appearing in Exhibit I to the RPTA is hereby amended by
deleting such defined term in its entirety and substituting therefor the following:

          “Parent” means BioScrip, Inc.

          SECTION 2. CERTAIN REPRESENTATIONS

          2.1 The Primary Servicer and the Providers each represents and warrants that the names of the
parties and the respective jurisdictions listed on Schedule I hereto are the full, complete and
correct legal names and legal jurisdictions of such parties. Each of the parties hereto
acknowledge and agree that the parties listed on Schedule I hereto are all of the Providers under
the RPTA as of the date hereof. The Primary Servicer and the Providers each hereby
authorizes the Purchaser to file one or more financing statements or continuation statements
or amendments thereto or assignments thereof which may at any time be required or, in the opinion

 

 

of the Purchaser, be desirable, in order to create and/or maintain in favor of the Lender a first
priority perfected security interest in the Collateral (as defined in the Loan Agreement) of each
Provider and to do so without the signature of such Provider where permitted by law.

          2.2 The Providers each hereby certify, represent and warrant that (i) except as otherwise
disclosed in public filings made by the Parent with the United States Securities and Exchange
Commission, the representations and warranties in the RPTA are true and correct, with the same
force and effect as if made on such date, except as they may specifically refer to an earlier date,
in which case they were true and correct as of such date,(ii) no unwaived Event of Termination, a
Group-Wide Event of Termination, a Servicer Termination Event or a Group-Wide Servicer Event of
Termination or would constitute such an Event of Termination, Group-Wide Event of Termination,
Servicer Termination Event or Group-Wide Servicer Event of Termination has occurred or is
continuing (nor any event that but for notice or lapse of time or both would constitute an Event of
Termination, a Group-Wide Event of Termination, a Servicer Termination Event or a Group-Wide
Servicer Event of Termination or would constitute such an Event of Termination, Group-Wide Event of
Termination, Servicer Termination Event or Group-Wide Servicer Event), (iii) each of the Providers
and the Primary Servicer, as applicable, has the corporate power and authority to execute and
deliver this Sixth Amendment, and (iv) no consent of any other person (including, without
limitation, shareholders or creditors of any Provider), and no action of, or filing with any
governmental or public body or authority is required to authorize, or is otherwise required in
connection with the execution and performance of this Sixth Amendment, other than, in each case,
such that have been obtained.

          SECTION 3. CONDITIONS PRECEDENT

          3.1 This Sixth Amendment shall not become effective until the following conditions have been
satisfied in full or waived in writing by the Purchaser and the Lender as its assignee:

    (a) All required corporate and limited liability company actions in connection with the
execution and delivery of this Sixth Amendment and the Name Changes shall have been taken,
and each shall be satisfactory in form and substance to the Lender, and the Lender shall
have received all information and copies of all documents, including, without limitation,
records of requisite corporate and limited liability company action that the Lender may
reasonably request, to be certified by the appropriate corporate or limited liability
company person or government authorities;

    (b) Fully executed counterparts of this Sixth Amendment have been delivered to the
Purchaser and the Lender;

    (c) The Additional Providers shall have entered into the Subscription Agreement
substantially in the form of Exhibit A hereto.

          SECTION 4. MISCELLANEOUS

 

 

          4.1 The terms “Agreement”, “hereof”, “herein” and similar terms as used in the RPTA shall mean
and refer to, from and after the effectiveness of this Sixth Amendment, the RPTA as amended by this
Sixth Amendment, and as it may in the future be amended, restated, modified or supplemented from
time to time in accordance with its terms. Except as specifically agreed herein, the RPTA is
hereby ratified and confirmed and shall remain in full force and effect in accordance with its
terms.

          4.2 THIS SIXTH AMENDMENT SHALL, IN ACCORDANCE WITH SECTION 5-1401 OF THE GENERAL OBLIGATIONS
LAW OF THE STATE OF NEW YORK, BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO
ANY CONFLICT OF LAWS PRINCIPLES THEREOF THAT WOULD CALL FOR THE APPLICATION OF THE LAWS OF ANY
OTHER JURISDICTION.

          4.3 This Sixth Amendment may be executed in counterparts, each of which when so executed shall
be deemed to be an original and all of which when taken together shall constitute one and the same
agreement.

          4.4 Delivery of an executed counterpart of a signature page by telecopier shall be effective
as delivery of a manually executed counterpart.

 

 

          IN WITNESS WHEREOF, the parties hereto have caused this Sixth Amendment to be executed by
their respective officers thereunto duly authorized, as of the date first above written.

	 	 	 	 	 	 	 	 	 
	PROVIDERS:	 	BIOSCRIP PBM SERVICES, LLC (as successor to MIM Health Plans, Inc.)	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 	 	 	 	Name:	 	 
	 	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	BIOSCRIP PHARMACY SERVICES, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 	 	 	 	Name:	 	 
	 	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	BIOSCRIP INFUSION SERVICES, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 	 	 	 	Name:	 	 
	 	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	BIOSCRIP PHARMACY (NY), INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 	 	 	 	Name:	 	 
	 	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	BIOSCRIP PHARMACY, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 	 	 	 	Name:	 	 

 

 

	 	 	 	 	 	 	 	 	 
	 	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	JPD, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 	 	 	 	Name:	 	 
	 	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	NATURAL LIVING, INC.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 	 	 	 	Name:	 	 
	 	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	BIOSCRIP INFUSION SERVICES, LLC	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	 	 	 	 	Name:	 	 
	 	 	 	 	Title:	 	 

 

 

	 	 	 	 	 	 	 	 	 
	PURCHASER:	 	MIM FUNDING LLC	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:	 	 	 	 
	 

	 	 	 	 	 	 	 
	 	 	 	 	Name:	 	 
	 	 	 	 	Title:	 	 
	 
	 	 	 	 	 	 	 	 
	PRIMARY SERVICER:	 	BIOSCRIP PBM SERVICES, LLC (as successor to MIM Health Plans, Inc.)	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	By:	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 

	 	 	 	Name:	 	 
	 

	 	 	 	Title:
	 	 

	 	 	 	 	 	 	 
	CONSENTED TO:	 	 
	 
	 	 	 	 	 	 
	BIOSCRIP, INC. (f/ka/ MIM CORPORATION)	 	 
	 
	 	 	 	 	 	 
	By:
	 	 	 	 	 	 
	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 
	 
	 	 	 	 	 	 
	HFG HEALTHCO-4 LLC	 	 
	 	 	By:      HFG Healthco-4, Inc., a member	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Name:	 	 
	 

	 	 	 	Title:
	 	 

 

 

SCHEDULE I

LIST OF PROVIDERS

	 	 	 
	Name	 	Jurisdiction of Organization
	BioScrip, Inc.

	 	Delaware
	BioScrip Pharmacy Services, Inc.

	 	Ohio
	BioScrip Infusion Services, Inc.

	 	California
	BioScrip Pharmacy (NY), Inc.

	 	New York
	BioScrip PBM Services, LLC

	 	Delaware
	BioScrip Pharmacy, Inc.

	 	Minnesota
	JPD, Inc.

	 	Ohio
	Natural Living, Inc.

	 	New York
	BioScrip Infusion Services, LLC

	 	Delaware

 

 

EXHIBIT A

Form of Subscription Agreement

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