Document:

Form of Restricted Stock Unit Agreement

 Exhibit 10.9 
 ENERGY XXI SERVICES, LLC 
 2006 STOCK INCENTIVE PLAN 
 FORM OF RESTRICTED STOCK UNIT AGREEMENT 
 This Restricted Stock Unit Agreement (the “Agreement”), made as of the ___ day of _____, 2006 (the “Grant Date”), by and between Energy XXI Services, LLC (the “Employer”), and _______________ (the
“Grantee”), evidences the grant by the Employer of restricted stock units (“Restricted Stock Units” or “Award”) to the Grantee on such date and the Grantee’s acceptance of the Award in accordance with the
provisions of the Energy XXI Services, LLC 2006 Stock Incentive Plan, as amended or restated from time to time (the “Plan”). The Employer and the Grantee agree as follows: 
 1. Basis for Award. This Award is made in accordance with Section 4.2 of the Plan. The Grantee hereby receives as of the date hereof
an Award of Restricted Stock Units pursuant to the terms of this Agreement (the “Grant”). 
 2. Stock Units Awarded.

 (a) The Employer hereby awards to the Grantee, in the aggregate, _______________Restricted Stock Units. 
 (b) The Employer shall in accordance with the Plan establish and maintain a Restricted Stock Unit Account for the Grantee, and such
account shall be credited with the number of Restricted Stock Units granted to the Grantee. The Restricted Stock Unit Account shall be credited for the value of any securities or other property (including regular cash dividends) distributed to the
Employer in respect of the Stock. Any such property shall be subject to the same vesting schedule as the Restricted Stock Units to which they relate. 
 (c) Until the Restricted Stock Units awarded to the Grantee shall have vested, the Restricted Stock Units and any related securities, cash dividends or other property nominally credited to a Restricted Stock Unit
Account shall not be sold, transferred, or otherwise disposed of and shall not be pledged or otherwise hypothecated. 
 3.
Vesting. 
 (a) The Restricted Stock Units covered by this Agreement shall vest with respect to 33.33% the
Restricted Shares, on each of the first, second and third anniversaries of the Grant Date (the “Vesting Dates”) provided that, Grantee is still employed by the Employer (or any Parent or Subsidiary) on such vesting date. Except as
provided in Section 3(b) below, if the Grantee ceases to be employed by the Employer (or any Parent or Subsidiary) for any other reason at any time prior to the lapse of restrictions, the unvested Restricted Stock Units shall automatically be
forfeited upon such cessation of employment. 
 (b) [Insert special provisions for vesting on death, Disability,
termination without Cause or Change of Control] 
  

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 4. Payment. Except as provided below, payment shall be made in cash or Common Stock to the
Grantee (at the sole discretion of the Committee) as soon as practicable after the Vesting Date. If and to the extent that payment is made in Common Stock, the Committee shall cause a stock certificate to be delivered to the Grantee with respect to
such Common Stock free of all restrictions hereunder, except for applicable federal securities laws restrictions. Any securities, cash dividends or other property credited to the Restricted Stock Unit Account other than Restricted Stock Units shall
be paid in kind, or, in the discretion of the Committee, in cash. 
 5. Compliance with Laws and Regulations. The issuance of
Shares upon vesting of the Restricted Stock Units shall be subject to compliance by the Employer and the Grantee with all applicable requirements of securities laws, other applicable laws and regulations of any stock exchange on which the Shares may
be listed at the time of such issuance or transfer. The Grantee understands that the Employer is under no obligation to register or qualify the Shares with the Securities and Exchange Commission (“SEC”), any state securities commission or
any stock exchange to effect such compliance. 
 6. Tax Withholding. The Employer may deduct from any payment of any kind
otherwise due to the Grantee (including payments due when the Restricted Stock Units vest) any federal, state or local taxes of any kind required by law to be withheld with respect to the shares of Restricted Stock Units. Alternatively, the Grantee
may no later than the date as of which the Restricted Stock Units vest, pay to the Employer (in cash or to the extent permitted by the Committee, Stock held by the Grantee whose Fair Market Value on the day preceding the date the Restricted Stock
Units vests is equal to the amount of the Grantee’s tax withholding liability) any federal, state or local taxes of any kind required by law to be withheld, if any, with respect to the Restricted Stock Units for which the restrictions shall
lapse. 
 7. Nontransferability. This Award is not transferable. 
 8. No Right to Continued Employment. Nothing in this Agreement shall be deemed by implication or otherwise to impose any limitation on the
right of the Employer or any of its affiliates to terminate the Grantee’s employment at any time, in absence of a specific written agreement to the contrary. 
 9. Severability. In the event that any provision of this Agreement 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 Agreement, and the Agreement shall be construed and enforced as if the illegal, invalid, or unenforceable provision had never been included herein. 
 10. Certain Restrictions. By executing this Agreement, Participant acknowledges that he will enter into such written
representations, warranties and agreements and execute such documents as the Employer may reasonably request in order to comply with the terms of this Agreement or the Plan, or securities laws or any other applicable laws, rules or regulations.

 11. Amendment and Termination. Except as otherwise provided in the Plan or this Agreement, no amendment or termination of
this Agreement shall be made by the Employer without the written consent of the Participant. 
  

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 12. No Guarantee of Tax Consequences. The Employer makes no commitment or
guarantee to Participant that any federal or state tax treatment will apply or be available to any person eligible for benefits under this Agreement. 
 13. Binding Effect. This Agreement shall be binding upon and inure to the benefit of any successors to the Employer and all persons lawfully claiming under Participant. 
 14. Governing Law and Venue. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Texas. The
courts in Harris County, Texas shall be the exclusive venue for any dispute regarding the Plan or this Agreement. 
 [Signatures on
following page] 
  

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 IN WITNESS WHEREOF, the parties hereto have signed this Agreement as of the date first above written.

  

			
	ENERGY XXI SERVICES, LLC
		
	By:	 	  
	Name:	 	
	Title:	 	

  

			
	GRANTEE
		
	By:	 	  

  

 Page 4 of 4Revised Form of Amended and Restated Certificate of Incorporation

 Exhibit 4.01 
 AMENDED AND RESTATED 
 CERTIFICATE OF INCORPORATION 
 OF 
 NEW SALLY HOLDINGS, INC. 
 New Sally Holdings, Inc. (the “Corporation”), a corporation organized and existing by virtue of the General Corporation Law of the State
of Delaware (as amended from time to time, the “DGCL”), DOES HEREBY CERTIFY: 
 1. That the original Certificate of
Incorporation of the Corporation was filed with the Secretary of State of the State of Delaware on June 16, 2006 under the name New Sally Holdings, Inc. (the “Original Certificate of Incorporation”). 
 2. That this Amended and Restated Certificate of Incorporation has been duly adopted by the Board of Directors of the Corporation by unanimous written
consent as of [•], 200[•], and by written consent of the sole stockholder of the Corporation dated as of [•], 200[•], in accordance with the DGCL, Sections 228, 242 and 245. 
 3. The Original Certificate of Incorporation is hereby amended and restated so as to read in its entirety as follows: 
 FIRST: The name of the Corporation is [•]. 
 SECOND: The Corporation’s registered office in the State of Delaware is at Corporation Trust Center, 1209 Orange Street in the
City of Wilmington, County of New Castle 19801. The name of its registered agent at such address is The Corporation Trust Company. 
 THIRD: The nature of the business of the Corporation and its purpose is to engage in any lawful act or activity for which corporations may be organized under the General Corporation Law of the State of Delaware. 
 FOURTH: The total number of shares of stock which the Corporation shall have authority to issue is 550,000,000 shares, consisting
of: (a) 400,000,000 shares of common stock, par value $0.01 (the “Common Stock”), (b) 100,000,000 shares of Class A common stock, par value $0.01 (the “Class A Common Stock”), and
(c) 50,000,000 shares of preferred stock, par value $0.01 per share (the “Preferred Stock”), issuable in one or more series as hereinafter provided. As used in this Amended and Restated Certificate of Incorporation, the
term “Common Stock” shall include the Common Stock and the Class A Common Stock. Except as otherwise provided herein, all shares of Class A Common Stock and Class A Common Stock will be identical and will entitle the holders
thereof to the same rights and privileges. 

 (a) Common Stock. Except as otherwise provided (i) by the DGCL,
(ii) by Section (b) of this Article FOURTH, or (iii) by resolutions, if any, of the Board of Directors fixing the relative powers, preferences and rights and the qualifications, limitations or restrictions of the
Preferred Stock, the entire voting power of the shares of the Corporation for the election of directors and for all other purposes shall be vested exclusively in the Common Stock. Each share of Common Stock shall have one vote upon all matters to be
voted on by the holders of the Common Stock, and shall be entitled to participate equally in all dividends payable with respect to the Common Stock, provided that the holders of the Class A Common Stock shall not be entitled to vote on
any matter or to participate in any dividend or other distribution payable with respect to the Common Stock (other than the Class A Common Stock) and contemplated by (x) the Separation Agreement, dated as of June 19, 2006,
among the Corporation, Sally Holdings, Inc, New Aristotle Holdings, Inc. and Alberto-Culver Company (as amended from time to time in accordance with its terms, the “Separation Agreement”) and (y) the Investment
Agreement, dated as of June 19, 2006, among Alberto-Culver Company, New Aristotle Company, Sally Holdings, Inc., New Sally Holdings, Inc. and CDRS Acquisition LLC (as amended from time to time in accordance with its terms, the
“Investment Agreement”). Each share of Common Stock shall share equally, subject to the rights and preferences of the Preferred Stock (as fixed by resolutions, if any, of the Board of Directors), in all assets of the Corporation, in
the event of any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Corporation, or upon any distribution of the assets of the Corporation. 
 (b) Preferred Stock. The Preferred Stock may be issued at any time and from time to time in one or more series. Subject to the
provisions of this Amended and Restated Certificate of Incorporation, the Board of Directors is authorized to fix from time to time by resolution or resolutions the number of shares of any class or series of Preferred Stock, and to determine the
voting powers, designations, preferences and relative, participating, optional or other special rights, and the qualifications, limitations and restrictions thereof, of any such class or series. Further, within the limits and restrictions stated in
any resolution or resolutions of the Board of Directors originally fixing the number of shares constituting any such class or series, the Board of Directors is authorized to increase or decrease (but not below the number of shares of such class or
series then outstanding) the number of shares of any such class or series subsequent to the issue of shares of that class or series. 
 (c) Conversion of Class A Common Stock. At 12:01 a.m. Eastern Standard time on the first day following the Closing Date (as defined in the Investment Agreement), each outstanding share of Class A Common Stock shall
automatically convert into a share of Common Stock, without any action by any of the Corporation, the Board of Directors of the Corporation, the holders of Class A Common Stock or any other person and the Corporation shall not be required to

  

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notify any person that such conversion has been effective. At such time, the rights of any holder with respect to shares of converted Class A Common
Stock will cease and such holder will be deemed to have become the holder of an equivalent number of shares of Common Stock. Promptly upon surrender to the Corporation of a certificate or certificates for shares of converted Class A Common
Stock, the Corporation will issue and deliver, in accordance with the surrendering holder’s instructions, the certificate or certificates for Common Stock issuable upon such conversion. 
 FIFTH: The following provisions are inserted for the management of the business and for the conduct of the affairs of the
Corporation and for the purpose of creating, defining, limiting and regulating the powers of the Corporation and its directors and stockholders: 
 (a) Classified Board of Directors. Effective as of the Distributions Time (as defined in the Separation Agreement), the directors of the Corporation, subject to the rights of the holders of shares of any class
or series of Preferred Stock, shall be classified with respect to the time for which they severally hold office, into three classes, as nearly equal in number as possible, as shall be provided in the By-Laws of the Corporation, one class
(“Class I”) whose term expires at the 2007 annual meeting of stockholders, another class (“Class II”) whose term expires at the 2008 annual meeting of stockholders, and another class (“Class III”)
whose term expires at the 2009 annual meeting of stockholders, with each class to hold office until its successors are elected and qualified. At each annual meeting of stockholders of the Corporation, the date of which will be fixed pursuant to the
By-Laws of the Corporation, and subject to the rights of the holders of shares of any class or series of Preferred Stock, the successors of the class of directors whose term expires at that meeting shall be elected to hold office for a term expiring
at the annual meeting of stockholders held in the third year following the year of their election. 
 (b) Removal for
Cause. Effective as of the Distributions Time (as defined in the Separation Agreement), subject to the rights of holders of any class or series of Preferred Stock, if any, to elect additional directors under specified circumstances, any director
may be removed at any time, but only for cause, upon the affirmative vote of the holder of the holders of a majority of the combined voting power of the then outstanding stock of the Corporation entitled to vote for the election of directors.

 (c) Vacancies in the Board of Directors and newly created directorships resulting from any increase in the authorized
number of directors may be filled, and directors may be removed, as provided in the By-Laws. 
  

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 (d) The election of directors may be conducted in any manner approved by the stockholders
at the time when the election is held and need not be by written ballot. 
 (e) To the fullest extent permitted by the DGCL,
as the same exists or may hereafter be amended, a director of the Corporation shall not be liable to the Corporation or its stockholders for monetary damages for breach of fiduciary duty as a director. If the DGCL is amended after the date of the
filing of this Amended and Restated Certificate of Incorporation to authorize corporate action further eliminating or limiting the personal liability of directors, then the liability of a director of the Corporation shall be eliminated or limited to
the fullest extent permitted by the DGCL, as so amended from time to time. No repeal or modification of this Section (e) by the stockholders shall adversely affect any right or protection of a director of the Corporation existing by virtue of
this Section (e) at the time of such repeal or modification. 
 (f) All corporate powers and authority of the Corporation
(except as at the time otherwise provided by law, by this Amended and Restated Certificate of Incorporation or by the By-Laws) shall be vested in and exercised by the Board of Directors. 
 (g) The Board of Directors shall have the power without the assent or vote of the stockholders to adopt, amend, alter or repeal the
By-Laws of the Corporation, except to the extent that this Amended and Restated Certificate of Incorporation otherwise provide. 
 (h) The Corporation shall indemnify and advance expenses to the directors of the Corporation to the fullest extent permitted by the applicable provisions of the DGCL, provided that except as otherwise provided in the By-Laws, the
Corporation shall not be obligated to indemnify or advance expenses to a director of the Corporation in respect of an action, suit or proceeding (or part thereof) instituted by such director, unless such action, suit or proceeding (or part thereof)
has been authorized by the Board of Directors. The rights provided by this Article FIFTH, Section (h) shall not limit or exclude any rights, indemnities or limitations of liability to which any director of the Corporation may be entitled,
whether as a matter of law, under the By-Laws, by agreement, vote of the stockholders or disinterested directors, or otherwise. 
 SIXTH: The Corporation reserves the right to amend or repeal any provision contained in this Amended and Restated Certificate of Incorporation in the manner now or hereafter prescribed by the laws of the State of Delaware, and all
rights herein conferred upon stockholders or directors are granted subject to this reservation. 
  

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 SEVENTH: Effective as of the Distributions Time (as defined in the Separation
Agreement), no corporate action of stockholders of the Corporation may be taken without a meeting and vote of stockholders. 
 IN WITNESS
WHEREOF, the undersigned officer of the Corporation has executed this Amended and Restated Certificate of Incorporation this [•] day of [•], 200[•]. 
  

			
		
	By:	 	  
		 	Name:
		 	Title:

  

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