Document:

Form of French Stock Option Grant (four year)

 Exhibit 10.91 
 CHENIERE ENERGY, INC. 
 FRENCH STOCK OPTION GRANT 
 Optionee:                             

  

	I.	        Grant Of French Option. As of the grant date (identified below), Cheniere Energy, Inc. (the “Company”) hereby
grants a French option (the “option”) to the undersigned Optionee (the “Optionee”) to purchase the number of shares of the Company’s common stock, $.003 par value per share, identified below (the “common stock”),
subject to the terms and conditions of this grant (the “grant”) and the Company’s 2003 stock incentive plan, as amended by the Addendum-France (the “plan”), which is incorporated herein in its entirety by reference. The
common stock, when issued to Optionee upon the exercise of the option, shall be fully paid and nonassessable. The option is not an “incentive stock option” as defined in section 422 of the internal revenue code. 

 

	II.	        Definitions and Other Terms. All capitalized terms used herein shall have the meanings set forth in the plan unless
otherwise provided herein. The following capitalized terms shall have those meanings set forth opposite them: 

  

	 	A.	Optionee:
                                        

  

	 	B.	Grant Date:                         ,
20        . 

  

	 	C.	Shares subject to Options:                  shares of the Company’s Common Stock.

  

	 	D.	Option Price: $                 per share. 

  

	 	E.	Option Period:                         ,
2007 through                         , 2017 (until 12:00 p.m. central). 

  

	 	F.	Exercise: The Options may be exercise for              shares on the first anniversary of the Grant
Date, and for              shares on each subsequent anniversary of the Grant Date until fully exercisable as follows: 

  

																													
	  	  	Date	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 	  	 Options
 Exercisable
	  	 
															
		  	                ,2007	  		  		  		  		  		  		  		  		  		  		  		  		  	
		  		  		  		  		  		  		  		  		  		  		  		  		  	 	  	
		  	                ,2008	  		  		  		  		  		  		  		  		  		  		  		  		  	
		  		  		  		  		  		  		  		  		  		  		  		  		  	 	  	
		  	                ,2009	  		  		  		  		  		  		  		  		  		  		  		  		  	
		  		  		  		  		  		  		  		  		  		  		  		  		  	 	  	
		  	                ,2010	  		  		  		  		  		  		  		  		  		  		  		  		  	
		  		  		  		  		  		  		  		  		  		  		  		  		  	 	  	
		  		  		  		  		  		  		  		  		  		  		  		  	Total	  		  	
		  		  		  		  		  		  		  		  		  		  		  		  		  	 	  	

  

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	 	G.	Disposal: Notwithstanding the date of Exercise of the French Options, the Shares resulting, transferred or allotted on the Exercise of a French Option may not be disposed of
by the Optionee before the fourth anniversary of the Grant Date, save in the following circumstances: 

  

	 	-	Disability; 

	 	-	Involuntary retirement, provided that the Exercise takes place at least three months prior to the date of retirement; 

	 	-	Death of the Optionee; 

	 	-	Dismissal or redundancy at the request of the Company, provided that the Exercise has taken place at least three months prior to the notification of termination.

  

	III.	Option Period. The option period shall begin on the grant date and terminate on the          day of
                        , 20         (the “option expiration
date”). 

  

	IV.	Forfeiture of options; acceleration of vesting. If Optionee’s employment with the Company or any subsidiary shall be terminated for any reason, any options not
then vested shall not vest (except as otherwise provided herein), shall be forfeited back to the Company and shall be available for re-issuance under the plan; provided, however, that any such options not then vested shall vest upon
(i) termination, removal or resignation of Optionee for any reason within one (1) year from the effective date of a change of control, or (ii) death or disability of Optionee. Optionee shall have six (6) months after termination
from employment during which to exercise any options which are exercisable as of the date of termination whether through acceleration, as provided above, or through the vesting schedule applicable to this grant. Any options not exercised within such
six-month period shall terminate, shall be forfeited back to the Company and shall be available for re-issuance under the Plan. Except as provided in Section II.G. above, Optionee shall not be entitled to dispose of the Shares resulting, transferred
or allotted with respect to an option that has become exercisable in accordance with the above provisions before the expiry of the fourth year from the date of Grant. The Company shall have the right to take any action as may be necessary or
appropriate to ensure that the Optionee complies with such requirement. 

  

	V.	Withholding of Taxes. Any issuance of common stock pursuant to the exercise of an option shall not be made until appropriate arrangements satisfactory to the Company
have been made for payment of any tax amounts (federal, state, local or other) that may be required to be withheld or paid by the Company with respect thereto. 

 IN WITNESS WHEREOF, this Non-Qualified Stock Option Grant is executed this          day of
                        , 20        . 
  

			
	 CHENIERE ENERGY, INC.

		
	 By:
	 	  
	 Name:
	 	  
	 Title:
	 	  
	
	 717 Texas Avenue, Suite 3100

	 Houston, Texas 77002-4102

  

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 Accepted and agreed this          day of
                        , 20        . 
  

			
	 “OPTIONEE”

		
	 By:
	 	  
	 Name:
	 	  
	 Title:
	 	  
	 Address:
	 	  

  

 3Form of French Restricted Shares Grant (three year)

 Exhibit 10.92 
 CHENIERE ENERGY, INC. 
 Amended and Restated 
 2003 STOCK INCENTIVE PLAN 
 FRENCH
RESTRICTED SHARES GRANT 
  

	1.	Grant of French Restricted Shares. Cheniere Energy, Inc., a Delaware corporation (the “Company”), hereby grants to
                                        
(“Participant”) all rights, title and interest in the record and beneficial ownership of
                                        
(            ) shares (the “French Restricted Shares”) of common stock, $0.03 par value per share, of the Company (“Common Stock”), subject to the conditions
described in this grant of French Restricted Shares (the “Grant”) and in the Company’s Amended and Restated 2003 Stock Incentive Plan, as amended by the Addendum-France (the “Plan”). The French Restricted Shares are
granted, effective as of the day of         , 200     (the “Grant Date”). 

  

	2.	Issuance and Transferability. French Restricted Shares awarded under the Plan may be evidenced in such manner as the Company shall deem appropriate, including,
without limitation, book-entry registration or issuance of a stock certificate or certificates. In the event any stock certificate is issued in respect of French Restricted Shares granted under the Plan, such certificate shall be registered in the
name of the Participant and shall bear an appropriate legend referring to the terms, conditions and restrictions applicable to such French Restricted Shares. Upon vesting, the Participant shall become entitled to all the rights of a stockholder with
respect to such Common Stock, including the right to vote and the right to receive dividends or other distributions paid or made with respect to such Common Stock. 

  

	3.	Risk of Forfeiture. Participant shall immediately forfeit all rights to any non-vested portion of the French Restricted Shares in the event of termination,
resignation or removal from employment with the Company under circumstances that do not cause Participant to become fully vested under the terms of the Plan or this Grant. 

  

	4.	Vesting. Subject to Paragraph 3 hereof, Participant shall vest in his or her rights to the French Restricted Shares and the restrictions shall lapse with respect
to 66% of the French Restricted Shares on the second anniversary of the date hereof, with the remainder of the French Restricted Shares vesting on the third anniversary of the date hereof, provided that Participant remains continuously employed by
the Company until such dates. If Participant’s employment with the Company or any subsidiary shall be terminated for any reason, any French Restricted Shares not then vested shall not vest (except as otherwise provided herein) and shall be
forfeited back to the Company; provided, however, that any such French Restricted Shares not then vested shall vest upon death of Participant. 

  

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	5.	Disposal. French Restricted Shares delivered to the Participant upon vesting shall not be disposed of by the Participant for a period of two years as from the relevant
vesting date. 

  

	6.	Ownership Rights. Subject to the restrictions set forth in this Grant and the Plan, Participant is entitled to all voting and ownership rights applicable to
French Restricted Shares that have become vested including the right to receive any cash dividends that may be paid on the French Restricted Shares. 

  

	7.	Reorganization of the Company. The existence of this Grant shall not affect in any way the right or power of the Company or its stockholders to make or authorize
any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business; any merger or consolidation of the Company; any issue of bonds, debentures, preferred or prior preference stock
ahead of or affecting the French Restricted Shares or the rights thereof; the dissolution or liquidation of the Company, or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding, whether of a
similar character or otherwise. 

  

	8.	Recapitalization Events. In the event of stock dividends, spin-offs of assets or other extraordinary dividends, stock splits, combinations of Common Stock,
recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving the Company (“Recapitalization Events”), then for all purposes references herein to
Common Stock or to French Restricted Shares shall mean and include all securities or other property (other than cash) that holders of Common Stock of the Company are entitled to receive in respect of Common Stock by reason of each successive
Recapitalization Event, which securities or other property (other than cash) shall be treated in the same manner and shall be subject to the same restrictions as the underlying French Restricted Shares. 

  

	9.	Certain Restrictions. By executing this Grant, Participant acknowledges that he or she has received a copy of the Plan and agrees that Participant will enter into
such written representations, warranties and agreements and execute such documents as the Company may reasonably request in order to comply with the securities law or any other applicable laws, rules or regulations, or with this document or the
terms of the Plan. 

  

	10.	Amendment and Termination. No amendment or termination of this Grant shall be made by the Company at any time without the written consent of Participant.

  

	11.	Withholding of Taxes. The Company or the subsidiary of the Company which employs the Participant shall have the right to take any action as may be necessary or
appropriate to satisfy any federal, state or local tax or social security contribution withholding obligations. 

  

	12.	No Guarantee of Tax Consequences. The Company makes no commitment or guarantee to Participant that any federal or state tax or social security contribution
treatment will apply or be available to any person eligible for benefits under this Grant. 

  

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	13.	Severability. In the event that any provision of this Grant shall be held illegal, invalid, or unenforceable for any reason, such provision shall be fully
severable and shall not affect the remaining provisions of this Grant, and the Grant shall be construed and enforced as if the illegal, invalid, or unenforceable provision had never been included herein. 

  

	14.	Governing Law. The Grant shall be construed in accordance with the laws of the State of Delaware to the extent that federal law does not supersede and preempt
Delaware law. 

 Executed the          day of
                        , 200     
  

			
	 COMPANY:

		
	 By:
	 	  
		 	Don A. Turkleson
		 	Senior Vice President, Chief Financial Officer and Corporate Secretary

 Accepted the          day of
                        , 200     
  

			
	 PARTICIPANT:

		
	 Address:
	 	  
		 	  
		 	  
	
	 Social Security
Number:                                       
     

  

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