Document:

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                                                                    Exhibit 10.1

        [FORM OF CITIGROUP NON-EMPLOYEE DIRECTOR EQUITY AWARD AGREEMENT]

                                 Citigroup Inc.
                  Non-Employee Director Equity Award Agreement

1. Award Agreement.  Citigroup Inc. (the "Company") hereby grants to {NAME} (the
"Participant"), the award(s) summarized below, pursuant to the terms of the
Citigroup Inc. Amended and Restated Compensation Plan for Non-Employee
Directors, as amended (the "Director Plan"). Compensation under the Director
Plan has a cash component and an equity component. This Non-Employee Director
Equity Award Agreement, including the attached Appendix (together, the
"Agreement"), sets forth the terms, conditions and restrictions of the equity
component of your compensation in accordance with your elections under the
Director Plan. Your award is also governed by the terms of the Citigroup 1999
Stock Incentive Plan (the "1999 Plan").

2. Award Summary.

       Deferred Stock Award Summary
       ----------------------------
       Award Date:                                {AWARD DATE}
       Number of Shares:                          {# SHARES}
       Vesting Date:                              {VESTING DATE}1

       Stock Option Grant Summary
       --------------------------
       Grant Date:                                {GRANT DATE}
       Grant Price:                               {$ Grant Price per share}2
       Number of Shares:                          {#OPTION SHARES}
       Vesting Date:                              {VESTING DATE}3
       Option Expiration Date:                    {EXPIRATION DATE}4

CITIGROUP INC.
By:
   -----------------------------
[Name]
[Title]

---------------------------------
1 No earlier than the second anniversary of the award date.
2 No less than the fair market value on the trading day
  immediately prior to the grant date.
3 No earlier than the second anniversary of the grant date.
4 No later than the sixth anniversary of grant date.

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                                 CITIGROUP INC.
                  NON-EMPLOYEE DIRECTOR EQUITY AWARD AGREEMENT
                                    APPENDIX

This Appendix constitutes part of the Non-Employee Director Equity Award
Agreement (the "Agreement") and is applicable to the award(s) dated [MONTH]
[DAY], [YEAR], summarized on the first page of this Agreement. This Appendix
sets forth the terms and conditions and other information applicable to the
deferred stock award (a "Deferred Stock Award") and non-qualified stock option
grant (an "Option"), if applicable, described in the Agreement, made to
Participant under the Director Plan. A Deferred Stock Award and an Option grant
(if applicable) are hereinafter referred to as an "Award". An Award is
denominated in shares of Company common stock, par value $.01 per share
(referred to herein as "shares" or "Company stock").

1. Terms and Conditions. The terms, conditions and restrictions of an Award are
set forth below. The provisions of your Award, along with other important
information, are summarized in the Deferred Stock and Stock Option Election
Program for Non-Employee Directors prospectus dated [MONTH] [DAY], [YEAR], and
any applicable prospectus supplement (together, the "Prospectus").

2. Vesting. Shares underlying the Deferred Stock Award will be distributed to
Participant as soon as practical following the vesting date set forth in the
Deferred Stock Award Summary of the Agreement; provided, however, that if
Participant elected to defer the distribution of such shares pursuant to the
Director Plan, then such shares will be distributed to Participant in accordance
with his or her deferral election. An Option will vest and become exercisable on
the vesting date set forth in the Stock Option Grant Summary of the Agreement.
In all cases, vesting of an Award is conditioned on Participant's continuous
service on the Board of Directors of the Company (the "Board") up to and
including the scheduled vesting date of the Award, except as otherwise provided
in Section 4 below.

3. Stock Options. Participants may elect to receive all or a part of their
compensation under the Director Plan (other than Committee Chair fees) in the
form of a stock option. The number of option shares will be calculated in the
same manner as that used for Company's employee stock option program. An Option
(if granted and vested) may be exercised in whole or in part by Participant upon
notice to the Company, together with provision for payment of the grant price,
as shown in the Stock Option Grant Summary of the Agreement. The currently
available option exercise methods are described in the Prospectus.

4. Retirement, Death, Etc. If Participant retires from the Board at age 72,
dies, or if the Participant elects to leave the Board for personal reasons
approved by the Personnel and Compensation Committee of the Board (the
"Committee"), Participant's Award will vest and the shares subject to the
Deferred Stock component of the Award will be distributed to Participant (or his
or her beneficiaries, as the case may be) in accordance with Participant's
elections under the Director Plan and any Option granted will remain exercisable
by Participant (or his or her estate, as the case may be) for two (2) years (but
in no event after the Option Expiration Date set forth on in the Stock Option
Grant Summary of the Agreement) following the Participant's termination of
service as a director.

5. Non-Transferability. Except as otherwise determined by the Committee, neither
the Award, nor any component of the Award, may be sold, pledged, hypothecated,
assigned, margined or otherwise transferred (including pursuant to bankruptcy,
divorce or any other legal or equity proceeding), other than by will or the laws
of descent and distribution. Except as otherwise determined by the Committee,
during Participant's lifetime, all rights with respect to the Award, including
any component thereof, shall be exercisable only by Participant, and any and all
payments in respect of the Award shall be to Participant only.

6. Stockholder Rights. Participant shall have no rights as a stockholder of the
Company over any shares covered by an Award unless and until the shares subject
to a Deferred Stock Award are distributed to Participant or upon Participant's
receipt of shares in connection with the exercise of any Option subject to such
Award.

7. Plan Administration. The Award described in this Agreement has been granted
subject to the terms of the Director Plan. The shares deliverable to Participant
in connection with an Award, whether upon the exercise of an Option or the
distribution of shares subject to a Deferred Stock Award, will be from the

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shares available for grant pursuant to the terms of the 1999 Plan. The Board may
terminate or suspend the Director Plan and/or 1999 Plan, and may amend, subject
to the approval of stockholders, if required, the Director Plan and/or the 1999
Plan, at any time. No termination, suspension or amendment of the Director Plan
and/or the 1999 Plan shall adversely affect the right of any participant with
respect to any Award theretofore granted without such participant's written
consent.

8. Adjustments. In the event of any change in the Company's capital structure on
account of any extraordinary dividend, stock dividend, stock split, reverse
stock split, combination or exchange of equity securities, merger,
consolidation, recapitalization, reorganization, divestiture or other
distribution (other than ordinary cash dividends) of assets to stockholders, or
any other similar event affecting the Company stock, the Committee may make such
adjustments as it may deem appropriate, in its sole discretion, and as may be
permitted by the terms of the 1999 Plan and applicable law, to the number or
kind of shares subject to an Award and/or the grant price applicable to an
Award. The Company shall give each participant notice of an adjustment hereunder
and, upon notice, such adjustment shall be conclusive and binding for all
purposes.

9. Taxes. Participant agrees to pay all applicable income and/or social taxes
and file all required tax returns in all jurisdictions where Participant is
subject to tax and/or an income tax filing requirement.

10. American Jobs Creation Act of 2004. Participant understands that as a result
of the American Jobs Creation Act of 2004 (the "Act"), the tax consequences
described in the Prospectus under "Tax Consequences" may be subject to change,
and that if Participant is a U.S. taxpayer he or she could be subject to adverse
tax consequences if the Director Plan and/or the 1999 Plan are not conformed to
the requirements of the Act. The Company intends to modify the provisions of the
Director Plan and/or the 1999 Plan, as necessary, to conform them to the
requirements of the Act. To the extent the Company deems it necessary or
appropriate to amend the Director Plan and/or the 1999 Plan to conform with the
Act, Participant shall receive a supplement to the Prospectus describing any
such changes. In addition, if necessitated by the Act, the Company may consider
the Award or any component thereof described in the Award Summary of this
Agreement, void in its sole discretion. Furthermore, Participant may, in the
Company's sole discretion, be given the opportunity to revoke (i) any election
Participant made with respect to the Award or any component thereof described in
the Award Summary of this Agreement, or (ii) his or her participation in the
Director Plan and/or the 1999 Plan in the event that the Director Plan or the
1999 Plan cannot be brought into compliance with the Act.

11. Conflicts; Governing Law. In the event of a conflict between the Prospectus
and this Agreement, this Agreement shall control. In the event of a conflict
between this Agreement and/or the 1999 Plan and the Director Plan, the Director
Plan shall control. This Agreement shall be governed by the laws of the State of
New York (regardless of conflict of laws principles) as to all matters,
including, but not limited to, the construction, application, validity and
administration of the Director Plan.

12. Arbitration. Any disputes related to the Award, or any component thereof,
shall be resolved by arbitration in accordance with the Company's arbitration
policies and Section 9(i) of the Director Plan.

                                      ***

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                                                                    EXHIBIT 10.1

                 AMENDED AND RESTATED 1999 STOCK INCENTIVE PLAN
                        RESTRICTED STOCK AWARD AGREEMENT

This RESTRICTED STOCK AWARD AGREEMENT (this "Agreement"), made and entered into
as of the ____ day of ________, 20__, by and between ________________ (the
"Participant") and Martha Stewart Living Omnimedia, Inc., a Delaware Corporation
(the "Company"), sets forth the terms and conditions of an Award of Restricted
Stock granted pursuant to the Company's Amended and Restated 1999 Stock
Incentive Plan (the "Plan"). Any capitalized terms used but not defined herein
shall have the meaning prescribed in the Plan.

1.    Grant and Vesting of Restricted Stock.

      (a) Subject to the provisions of this Agreement and to the provisions of
      the Plan, the Company hereby grants to the Participant as of __________
      (the "Grant Date"), ______ shares (the "Restricted Stock") of Class A
      common stock of the Company, par value $0.01 per share ("Common Stock").
      As provided in Section 7 of the Plan, the Restricted Stock shall be
      legended and shall be held in the custody of the Company during the
      Restriction Period set forth in Section 1(b) of this Agreement.

      (b) Subject to the terms and conditions of this Agreement, the Restricted
      Stock shall vest and no longer be subject to any restrictions hereunder
      (i) with respect to fifty percent (50%) of the Award, on ____________ and
      (ii) with respect to the other fifty percent (50%) of the Award, on
      ______________ (the "Restriction Period"). Notwithstanding the foregoing,
      the Restricted Stock shall immediately vest and no longer be subject to
      restriction if the Participant's employment with the Company is terminated
      during the Restriction Period due to death or Disability, or pursuant to
      the terms of any arrangement between the Participant and the Company, if
      any. Except as provided in the preceding sentence, in the event that the
      employment of the Participant with the Company shall terminate during the
      Restriction Period, all shares shall be forfeited by the Participant
      effective immediately upon such termination. For purposes of this
      Agreement, employment with the Company shall include employment with the
      Company's affiliates and its successors.

2.    Issuance of Shares.

      Subject to Paragraph 8 (pertaining to the withholding of taxes), as soon
      as practicable after the respective restrictions imposed on the Restricted
      Stock hereunder expire (provided there has been no prior forfeiture of the
      Restricted Stock pursuant to the terms of this Agreement and the Plan),
      the Company shall issue (or cause to be delivered) to the Participant one
      or more unlegended stock certificates in respect of the Restricted Stock.

3.    Nontransferability of the Restricted Stock.

      During the Restriction Period, the Restricted Stock shall not be
      transferable by the Participant by means of sale, assignment, exchange,
      encumbrance, pledge or otherwise.

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4.    Rights as a Stockholder.

      Except as otherwise specifically provided in this Agreement and the Plan,
      during the Restriction Period the Participant shall have all the rights of
      a stockholder with respect to the Restricted Stock, including without
      limitation the right to vote the Restricted Stock and the right to receive
      any dividends with respect thereto.

5.    Adjustment in the Event of Change in Stock.

      In the event of a change in corporate capitalization (including, but not
      limited to, a change in the number of shares of Common Stock outstanding),
      such as a stock split or a corporate transaction such as a merger,
      consolidation, separation, spin-off (or other distribution of stock or
      property of the Company), any reorganization or any partial or complete
      liquidation of the Company, the number and kind of shares of Restricted
      Stock shall be equitably adjusted by the Committee as it may deem
      appropriate in its sole discretion. The determination of the Committee
      regarding any such adjustment will be final and conclusive.

6.    Payment of Transfer Taxes, Fees and Other Expenses.

      The Company agrees to pay any and all original issue taxes and stock
      transfer taxes that may be imposed on the issuance of shares received by
      an Participant in connection with the Restricted Stock, together with any
      and all other fees and expenses necessarily incurred by the Company in
      connection therewith.

7.    Other Restrictions.

      The Restricted Stock shall be subject to the requirement that, if at any
      time the Committee shall determine that (i) the listing, registration or
      qualification of the shares of Common Stock subject or related thereto
      upon any securities exchange or under any state or federal law, or (ii)
      the consent or approval of any government regulatory body, or (iii) an
      agreement by the Participant with respect to the disposition of shares of
      Common Stock is necessary or desirable as a condition of, or in connection
      with, the delivery or purchase of shares pursuant thereto, then in any
      such event, the grant of Restricted Stock shall not be effective unless
      such listing, registration, qualification, consent, approval or agreement
      shall have been effected or obtained free of any conditions not acceptable
      to the Committee.

8.    Taxes and Withholding.

      No later than the date as of which an amount first becomes includible in
      the gross income of the Participant for federal income tax purposes with
      respect to any Restricted Stock, the Participant shall pay to the Company,
      or make arrangements satisfactory to the Company regarding the payment of,
      all federal, state, local and foreign taxes that are required by
      applicable laws and regulations to be withheld with respect to such
      amount. Notwithstanding anything to the contrary contained herein, the
      Participant may discharge this withholding obligation by directing the
      Company to withhold shares of Restricted Stock with a value on a vesting
      date equal to the minimum withholding obligation in connection with such
      vesting. The obligations of the Company under this Agreement shall be
      conditioned on compliance by the Participant with this Paragraph 8, and
      the Company shall, to the extent permitted by law, have the right to
      deduct any such taxes from any payment otherwise due to the Participant,
      including the delivery of the Restricted Stock that gives rise to the
      withholding requirement.

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9.    Notices.

      All notices and other communications under this Agreement shall be in
      writing and shall be given by hand delivery to the other party or
      overnight courier, or registered or certified mail, return receipt
      requested, postage prepaid, addressed as follows:

      (a)   if to the Participant, to the address last provided by the
            Participant to the Company's Human Resources Department;

      (b)   if to the Company:

                Martha Stewart Living Omnimedia, Inc.
                11 West 42nd Street
                New York, New York 10036
                Attention: General Counsel & VP, Human Resources

10.   Laws Applicable to Construction.

      The interpretation, performance and enforcement of this Agreement shall be
      governed by the laws of the State of Delaware without reference to
      principles of conflict of laws, as applied to contracts executed in and
      performed wholly within the State of Delaware.

11.   Successors, Assigns and Transferees.

      This Agreement shall be binding upon, and inure to the benefit of, the
      parties hereto and each of their respective successors, assigns and
      transferees; provided, that the Participant may not assign to any person
      any of such Participant's rights hereunder other than in connection with a
      transfer to such person of a Restricted Stock granted hereby in accordance
      with the provisions hereof.

12.   Administration.

      The authority to manage and control the operation and administration of
      this Agreement shall be vested in the Compensation Committee of the Board
      or such other committee of the Board as the Board may from time to time
      designate, and the Committee shall have all powers with respect to this
      Agreement as it has with respect to the Plan. Any interpretation of the
      Agreement by the Committee and any decision made by them with respect to
      the Agreement is final and binding on all persons.

13.   Incorporation of Plan; Plan Governs.

      Notwithstanding anything in this Agreement to the contrary, all terms and
      conditions of the Plan are incorporated herein and made part hereof as if
      stated herein. This Agreement shall be subject to the terms of the Plan
      and if there is any conflict between the terms and conditions of the Plan
      and this Agreement, the terms and conditions of the Plan, as interpreted
      by the Committee, shall govern. The Participant may obtain a copy of the
      Plan from the office of the VP, Human Resources of the Company; and this
      Agreement is subject to all interpretations, amendments, rules and
      regulations promulgated by the Committee from time to time pursuant to the
      Plan.

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14.   Not an Employment Contract.

      Neither this Agreement nor any Restricted Stock shall confer on the
      Participant any right with respect to continuance of employment or other
      service with the Company or any Subsidiary, nor shall they interfere in
      any way with any right the Company or any Subsidiary would otherwise have
      to terminate or modify the terms of the Participant's employment or other
      service at any time.

15.   Integration.

      This Agreement and the other documents referred to herein, including
      without limitation the Plan, or delivered pursuant hereto, which form a
      part hereof contain the entire understanding of the parties with respect
      to their subject matter. There are no restrictions, agreements, promises,
      representations, warranties, covenants or undertakings with respect to the
      subject matter hereof other than those expressly set forth herein. This
      Agreement, including without limitation the Plan, supersedes all prior
      agreements and understandings between the parties with respect to its
      subject matter.

16.   Counterparts.

      This Agreement may be executed in two or more counterparts, each of which
      shall be deemed an original, but which together constitute one and the
      same instrument. Notwithstanding the foregoing, any duly authorized
      officer of the Company may execute this Agreement by providing an
      appropriate facsimile signature, and any counterpart or amendment hereto
      containing such facsimile signature shall for all purposes be deemed an
      original instrument duly executed by the Company.

17.   Participant Acknowledgment.

      The Participant hereby acknowledges receipt of a copy of the Plan and the
      Prospectus. The Participant further acknowledges that all decisions,
      determinations and interpretations of the Committee in respect of the
      Plan, this Agreement and the Restricted Stock granted hereby shall be
      final and conclusive.

      IN WITNESS WHEREOF, the Participant has executed this Agreement on such
Participant's own behalf, thereby representing that such Participant has
carefully read and understands this Agreement and the Plan as of the day and
year first written above, and the Company has caused this Agreement to be
executed in its name and on its behalf, all as of the date first written above.

                                        By:__________________________________
                                           Name:

MARTHA STEWART LIVING OMNIMEDIA, INC.

By:___________________________________
   Name:
   Title:

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