Document:

2002 Form of Non-Qualified Stock Option Agreement for Non-Executive Employees

 Exhibit 10.10 
  
 FIRST DATA CORPORATION 
  
 LONG-TERM INCENTIVE PLAN 
 NON-QUALIFIED STOCK OPTION AGREEMENT

  

			
	[FirstName] [MI]. [LastName]	  	Option Number: [    ]
	[Address]	  	Plan: [    ]
	[City, State, Postal, Country]	  	ID: [        ]

  
 Effective [Date of Grant], you
have been granted a Non-Qualified Stock Option to buy [Shares Granted] shares of FIRST DATA CORPORATION (the Company) stock at [$Grant PriceUSD] per share. 
  
 Shares in each period will become fully vested on the date shown. 
  

							
	Shares

	 	Vest Type

	 	Full Vest

	 	Expiration

	[Vest1]	 	On Vest Date	 	[Date1]	 	[Expiration Date]
	[Vest2]	 	On Vest Date	 	[Date2]	 	[Expiration Date]
	[Vest3]	 	On Vest Date	 	[Date3]	 	[Expiration Date]
	[Vest4]	 	On Vest Date	 	[Date4]	 	[Expiration Date]

  
 These options are granted under and
governed by the Terms and Conditions of the First Data Corporation Long-Term Incentive Plan. 
  
 FIRST DATA CORPORATION 
  

			
	BY:	 	  

	 	 	 Michael T. Whealy, Secretary

 First Data Corporation 2002 Long-Term Incentive Plan 
 Nonqualified Stock Option Grant—Terms and Conditions 
  

	1.	These Terms and Conditions form part of the Stock Option Agreement (the “Agreement”) that has been sent to you in connection with the grant of a Nonqualified Stock Option
(“Stock Option”) under the First Data Corporation 2002 Long-Term Incentive Plan (the “2002 LTIP”). A copy of the 2002 LTIP is enclosed for your convenience. Any capitalized terms used in this Agreement that are not defined herein
shall have the meaning set forth in the 2002 LTIP. 

  

	2.	The number of common shares of First Data Corporation subject to the Stock Option, and the option exercise price, are specified in the attached document (which forms part of the
Agreement) and are subject to adjustment as described below. 

  

	3.	Subject to other provisions of this Agreement and the terms of the 2002 LTIP, you will “vest,” or have the right to exercise, this Stock Option as follows:

  

	 	(a)	On or after the first anniversary and until the tenth anniversary of the grant date, you may exercise this Stock Option for up to one-fourth (25%) of the total number of shares
covered hereby; 

  

	 	(b)	On or after the second anniversary and until the tenth anniversary of the grant date, you may exercise this Stock Option for up to one-half (50%) of the total number of shares
covered hereby; 

  

	 	(c)	On or after the third anniversary and until the tenth anniversary of the grant date, you may exercise this Stock Option for up to three-fourths (75%) of the total number of shares
covered hereby; 

  

	 	(d)	On or after the fourth anniversary and until the tenth anniversary of the grant date, you may exercise this Stock Option with respect to the total number of shares covered hereby;

  

	 	(e)	No part of this Stock Option may be exercised after the tenth anniversary of the grant date listed in the attached document. 

  
 Notwithstanding any other provision of the 2002 LTIP or this Agreement,
to continue vesting in your award, you must execute and return to the Company an updated, lawful restrictive covenant agreement if requested by the Company. Failure to execute such an agreement will cause your award to cease vesting, although that
portion of your award that is vested prior to the Company requesting you to execute an updated restrictive covenant agreement shall remain vested. 
  

	4.	This Stock Option may not be exercised unless the following conditions are met: 

  

	 	(a)	Legal counsel for the Company must be satisfied at the time of exercise that the issuance of shares upon exercise will comply with applicable U.S. federal, state, local and foreign
laws. 

  

	 	(b)	 You pay the exercise price as follows: (i) by giving notice to the Company of the number of whole shares of Common Stock to be purchased and by making payment
therefor in full (or arranging for such payment to the Company’s satisfaction) either (A) in cash, (B) by delivery (either actual delivery or by attestation procedures established by the Company) of Mature Shares having an aggregate Fair Market
Value, determined as of the date of exercise, equal to the aggregate purchase price payable by reason of such 

	 	 
exercise, (C) in cash by a broker-dealer acceptable to the Company and in which you have submitted an irrevocable notice of exercise (i.e., also known as
“cashless exercise”) or (D) by a combination of (A) and (B), (ii) if applicable, by surrendering to the Company any Tandem SARs which are canceled by reason of the exercise of the Stock Option and (iii) by executing such documents as the
Company may reasonably request. 

  

	 	(c)	You must, at all times during the period beginning with the grant date of this Stock Option and ending on the date of such exercise, have been employed by the Company, a Subsidiary
or an Affiliate or have been engaged in a period of Related Employment, with certain exceptions noted below. Service on the Board after receipt of a Stock Option shall not be considered a termination of employment. If you are a non-employee on the
grant date, you must at all times during the period beginning with the grant date of this Stock Option and ending on the date of such exercise, have been providing services to the Company, a Subsidiary or an Affiliate, or have become employed by the
Company, a Subsidiary or an Affiliate following the grant date, or have been engaged in a period of Related Employment, with certain exceptions noted below. 

  

	 	(d)	You have executed and returned to the Company a restrictive covenant agreement containing certain noncompete, nonsolicitation and/or nondisclosure provisions. While a court may
sever any provision in the restrictive covenant agreement, you agree by executing the restrictive covenant agreement that the Company will be relieved of its obligations under this Agreement with respect to current and future stock option awards if
you do not abide by the restrictive covenant agreement as written. 

  

	5.	Absent a period of Related Employment or service on the Board subsequent to the grant date, if you terminate employment while holding Stock Options (or for non-employees, if you
cease providing services to the Company, a Subsidiary or an Affiliate), your right to exercise those Stock Options depends on the reason for your termination. 

  

	 	(a)	Disability. If your employment with or service to the Company, a Subsidiary or an Affiliate terminates by reason of Disability, each Stock Option shall become fully vested
and exercisable and may thereafter be exercised by you (or your legal representative or similar person) until the date which is one year after the effective date of your termination of employment or service, or if earlier, the expiration date of the
term of such Stock Option. 

  

	 	(b)	Retirement. If your employment with or service to the Company, a Subsidiary or an Affiliate terminates by reason of Retirement, each Stock Option shall continue to vest in
accordance with its terms, and to the extent vested, may thereafter be exercised by you (or your legal representative or similar person) until the date which is four years after the effective date of your termination of employment or service, or if
earlier, the expiration date of the term of such Stock Option. 

  

	 	(c)	Death. If your employment with or service to the Company, a Subsidiary or an Affiliate terminates by reason of death, each Stock Option shall become fully vested and
exercisable and may thereafter be exercised by your executor, administrator, legal representative, beneficiary or similar person until the date which is one year after the date of death, or if earlier, the expiration date of the term of such Stock
Option.  

  

	 	(d)	Involuntary Termination Without Cause. If your employment with or service to the Company, a Subsidiary or an Affiliate is terminated involuntarily and without Cause, each
Stock Option shall cease to vest, and to the extent already vested, may thereafter be exercised by you (or your legal representative or similar person) until the date which is three months after such involuntary termination, or if earlier, the
expiration date of the term of such Stock Option. If you are rehired by the Company within three months of your involuntary termination other than for Cause, you are not considered to have terminated employment under the Plan.

	 	(e)	Other Termination. If your employment with or service to the Company terminates for any reason other than Disability, Retirement, death, or involuntary termination without
Cause, each Stock Option shall cease to vest, and to the extent already vested, may thereafter be exercised by you (or your legal representative or similar person) until the close of the New York Stock Exchange (if open) on the date of your
termination of employment or service. If the New York Stock Exchange is closed at the time of your termination of employment, such Stock Option shall be forfeited at the time your employment is terminated and shall be canceled by the Company.

  

	 	(f)	Death Following Termination of Employment or Service. If you die during the applicable Post-Termination Exercise Period, each Stock Option will be exercisable only to the
extent that such Stock Option is exercisable on the date of your death and may thereafter be exercised by your executor, administrator, legal representative, beneficiary or similar person until the date which is one year after the date of death, or
if earlier, the expiration date of the term of such Stock Option. 

  

	6.	This Stock Option may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of by you, except by will or the laws of descent and distribution. If you or
anyone claiming under or through you attempts to violate this paragraph 6, the attempted transfer shall be null and void and without effect, and the Company’s obligation to make any further payments with respect to your Stock Option shall
immediately terminate. 

  

	7.	The Committee shall adjust your Stock Option award in the event of a stock split, stock dividend, recapitalization, reorganization, merger, consolidation, combination, exchange of
shares, liquidation, spin-off or other similar change in capitalization or event, or any distribution to holders of Common Stock other than a regular cash dividend. 

  

	8.	The Board or Committee may amend or terminate the 2002 LTIP and may amend (or their delegate may amend) these Terms and Conditions. No amendment may impair your rights as an option
holder without your consent. The determination of such impairment shall be made by the Committee in its sole discretion. 

  

	9.	The Committee (or its delegate) administers the 2002 LTIP and has discretion to interpret the 2002 LTIP and this Agreement. Any decision or interpretation rendered by the Committee
or its delegate shall be final, conclusive and binding on you and all persons claiming under or through you. By accepting this grant or other benefit under the 2002 LTIP, you and each person claiming under or through you shall be conclusively deemed
to have indicated acceptance and ratification of, and consent to, any action taken under the 2002 LTIP by the Committee or its delegate.  

  

	10.	The validity, construction, interpretation, administration and effect of the 2002 LTIP and this Agreement shall be governed by the substantive laws, but not the choice of law rules,
of the State of Delaware.1992 Form of Non-Qualified Stock Option Agreement for Executive Officers

 Exhibit 10.11 
  
 FIRST DATA CORPORATION 
  
 LONG-TERM INCENTIVE PLAN 
 NON-QUALIFIED STOCK OPTION AGREEMENT

  

			
	[FirstName] [MI]. [LastName]	  	Option Number: [    ]
	[Address]	  	Plan: [    ]
	[City, State, Postal, Country]	  	ID: [        ]

  
 Effective [Date of Grant], you
have been granted a Non-Qualified Stock Option to buy [Shares Granted] shares of FIRST DATA CORPORATION (the Company) stock at [$Grant PriceUSD] per share. 
  
 Shares in each period will become fully vested on the date shown. 
  

							
	Shares

	 	Vest Type

	 	Full Vest

	 	Expiration

	[Vest1]	 	On Vest Date	 	[Date1]	 	[Expiration Date]
	[Vest2]	 	On Vest Date	 	[Date2]	 	[Expiration Date]
	[Vest3]	 	On Vest Date	 	[Date3]	 	[Expiration Date]
	[Vest4]	 	On Vest Date	 	[Date4]	 	[Expiration Date]

  
 These options are granted under and
governed by the Terms and Conditions of the First Data Corporation Long-Term Incentive Plan. 
  
 FIRST DATA CORPORATION 
  

			
	BY:	 	  

	 	 	Michael T. Whealy, Secretary

 NQO TERMS AND CONDITIONS 
  

	1.	Pursuant to the First Data Corporation 1992 Long-Term Incentive Plan (the “Plan”), First Data Corporation (the “Company”) hereby grants to you, as of the Date of
Grant specified above, a nonqualified stock option to purchase the number of common shares (par value $0.01 per share) of the Company specified above at the option price per share specified above (which number of shares and price per share may be
adjusted pursuant to Paragraph 6 below). 

  

	2.	Enclosed you will find a copy of the Plan which is incorporated in this instrument by reference and made a part hereof. The Plan should be carefully examined before any decision is
made to exercise the option. 

  

	3.	Subject to the provisions of this Agreement and the applicable provisions of the Plan, you may exercise this option as follows: 

  

	 	a)	Unless otherwise determined by the Compensation and Benefits Committee (the “Committee”) of the Board of Directors (the “Board”) of the Company in its sole
discretion, no part of this option may be exercised before the first Anniversary of the Date of Grant listed above or after the expiration of ten years from the Date of Grant set forth above; 

  

	 	b)	At any time or times on or after the first Anniversary of the Date of Grant listed above, you may exercise this option as to the number of shares which, when added to the shares as
to which you have theretofore exercised this option, if any, will not exceed one-fourth (25%) of the total number of shares covered hereby; 

  

	 	c)	At any time or times on or after the second Anniversary of the Date of Grant listed above, you may exercise this option as to the number of shares which, when added to the shares as
to which you have theretofore exercised this option, if any, will not exceed one-half (50%) of the total number of shares covered hereby; and 

  

	 	d)	At any time or times on or after the third Anniversary of the Date of Grant listed above, you may exercise this option as to the number of shares which, when added to the shares as
to which you have theretofore exercised this option, if any, will not exceed three-fourths (75%) of the total number of shares covered hereby; and 

  

	 	e)	At any time or times on or after the fourth Anniversary of the Date of Grant listed above and thereafter through the Tenth Anniversary of the Date of Grant listed above, you may
exercise this option as to the number of shares which, when added to the shares as to which you have theretofore exercised this option, if any, will not exceed the total number of shares covered hereby. 

  

	 	This	option may not be exercised for a fraction of a common share of the Company. 

  

	4.	This option may not be exercised by you unless all of the following conditions are met: 

  

	 	(a)	Legal counsel for the Company must be satisfied at the time of exercise that the issuance of shares upon exercise will be in compliance with the Securities Act of 1933, as amended,
and applicable U.S. federal, state, local and foreign laws; 

  

	 	(b)	You must pay at the time of exercise the full purchase price for the shares being acquired hereunder, by (i) paying in United States dollars by cash (which may be in the form of a
check, (ii) tendering common shares owned by you which have a fair market value equal to the full purchase price for the shares being acquired, such fair market value to be determined in such reasonable manner as may be provided from time to time by
the Committee or as may be required in order to comply with or conform to the requirements of any applicable or relevant laws or regulations, (iii) paying in such other form as the Committee may determine in its sole discretion, or (iv) tendering a
combination of the forms of payment provided for in Subparagraphs 4 (b) (i) through 4 (b) (iii) above; and 

  

	 	(c)	You must, at all times during the period beginning with the Date of Grant of this option and ending on the date of such exercise, have been employed by the Company or an Affiliate
(as defined in the Plan), have served as a member of the Board or have been engaged in a period of Related Employment (as defined in the Plan), except that if you cease to be so employed, cease to serve as a member of the Board or terminate a period
of Related Employment by reason of your disability, retirement or involuntary termination other than For Cause (as such terms are defined in the Plan and interpreted and administered by the Committee) while holding this option which has not expired
and had not been fully exercised you may, at any time within three years of the date of the onset of such disability or retirement or within 90 days of your involuntary termination other than For Cause, as the case may be (but in no event after the
expiration of ten years from the Date of Grant), exercise this option with respect to the number of shares, determined under Paragraph 3 above, as to which you could have exercised the option on the date of the onset of such disability or retirement
or the date of your involuntary termination other than For Cause or with respect to such greater number of shares as determined by the Committee in its sole discretion, and any remaining portion of this option shall be canceled by the Company. In
the event your employment by the Company or its Affiliates, your service as a member of the Board or your Related Employment terminates for reasons other than disability or retirement or involuntary termination other than For Cause as described in
this Subparagraph 4(c) or death as described in Paragraph 5 below, this option shall be canceled by the Company. If you are rehired by the Company within 90 days of your involuntary termination other than For Cause, you are not considered to have
terminated employment under the Plan. 

	5.	This option may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of by you, except by will or the laws of descent and distribution and is exercisable
during your lifetime only by you; provided, however, that as long as you continue to be an employee of the Company or an Affiliate (as defined in the Plan) this option may, to the extent it is then exercisable, be transferred by you without
consideration (except in the case of a transfer to limited company or partnership which is a “Family Entity,” in which case such transfer may be in exchange for consideration permitted by this paragraph) and in accordance with the other
provisions of this paragraph to (i) one or more individuals, each of whom is, as of the date of such transfer, a “Member of Your Family” or (ii) a “Family Entity” and, to the extent so transferred, your right to exercise this
option shall thereafter be exercisable by such transferee(s) in accordance with the terms hereof. 

  
 As used in this paragraph, the term “Member of Your Family” shall mean any spouse, parent, child, stepchild, grandchild, sibling, mother and
father-in-law, son and daughter-in-law, stepparent, grandparent, former spouse, niece, nephew, brother and sister-in-law, including adoptive relationships. As used in this paragraph, the term “Family Entity” shall mean a trust the
beneficiaries of which consist solely of your and/or one or more Members of Your Family or a foundation, limited liability company or partnership (limited or general) whose members or partners, as the case may be, consist solely of your and/or one
or more Members of Your Family. Subject to the other provisions of this paragraph, in the case of a transfer of this option to a limited liability company or a partnership which is a Family Entity, such transfer may be for consideration consisting
solely of an entity interest in the limited liability company or partnership to which the transfer is made. 
  
 Any transfer of this option, or any portion hereof, shall be in a form acceptable to the Committee, shall be signed by you and shall be effective only
upon written acknowledgment by a member of the Committee of the Committee’s receipt and acceptance of such notice. Any transfer of this option, or any portion hereof, shall also be subject to the satisfaction of the Company’s General
Counsel that such transfer will be in compliance with applicable law. If this option is transferred to a Member of Your Family or to a Family Entity pursuant to this paragraph, it shall not thereafter be sold, assigned, transferred, pledged,
hypothecated or otherwise disposed of by such Member of Your Family or Family Entity, as the case may be, except by will or the laws of descent and distribution. If you or a permitted transferee or anyone claiming under or through you or a permitted
transferee attempts to violate this paragraph, such attempted violation shall be null and void, and the Company’s obligation to make any further payments (stock or cash) hereunder shall terminate. If at the time of your death this option has
not been fully exercised, your estate or any person who acquires the right to exercise this option by permitted transfer, bequest or inheritance or by reason of your death may, at any time within one year after the date of your death (but in no
event after the expiration of ten years from the Date of Grant), exercise this option with respect to the number of shares, determined under Paragraph 3 above, as to which you could have exercised this option at the time of your death, or with
respect to such greater number of shares as determined by the Committee in its sole discretion. The applicable requirements of Paragraph 4 above must be satisfied at the time of such exercise. Subsequent to a transfer of this option, or a portion
hereof, pursuant to this paragraph, any actions which would otherwise require your consent shall, with respect to the portion of this option so transferred, require only the consent of the transferee(s). 
  

	6.	In the event of any change in the outstanding common shares of the Company by reason of any stock split, stock dividend, split-up, split-off, spin-off, recapitalization, merger,
consolidation, rights offering, reorganization, combination or exchange of shares, sale by the Company of all or part of its assets, distribution to shareholders other than a normal cash dividend, or other extraordinary or unusual event occurring
after the Date of Grant specified above and prior to its exercise in full, the number and kind of shares for which this option may then be exercised and the option price per share may or may not be adjusted so as to reflect such change, all as
determined by the Committee in its sole discretion. In the event that the Company or any of its Affiliates is a participant in a corporate merger, consolidation or other similar transaction, neither the Company nor such Affiliate shall be obligated
to cause any other participant in such transaction to assume this option or to substitute a new option for this option. 

  

	7.	It shall be a condition to the obligation of the Company to furnish common shares upon exercise of an option (a) that you (or any person acting under Paragraph 5 above) pay to the
Company or its designee, upon its demand, in accordance with Paragraph 16(e) of the Plan, such amount as may be demanded for the purpose of satisfying its obligation or the obligation of any of its Affiliates or other person to withhold U.S.
federal, state, local or foreign income, employment or other taxes incurred by reason of the exercise of the option or the transfer of shares thereupon, and (b) that you (or any person acting under Paragraph 5 above) provide the Company with any
forms, documents or other information reasonably required by the Company in connection with the grant. You may satisfy your obligation to pay such amount by authorizing the Company to withhold from the shares purchased by you pursuant to the
exercise shares having a fair market value on the date of exercise equal to the withholding amount. If the amount requested for the purpose of satisfying the withholding obligation is not paid, the Company may refuse to furnish common shares upon
exercise of the option. 

  

	8.	 The term of this Agreement may be amended from time to time by the Committee in its sole discretion in any manner that it deems appropriate (including, but not
limited to, acceleration of the date of payments hereunder); provided, however, that no such amendment shall adversely affect in a material manner any right of yours under this Agreement without your written consent, unless the Committee determines
in its sole discretion that there have occurred or are about to occur significant changes in your 

	 	 
position, duties or responsibilities, or significant changes in economic, legislative, regulatory, tax, accounting or cost/benefit conditions which are
determined by the Committee in its sole discretion to have or to be expected to have a substantial effect on the performance of the Company, or any subsidiary, affiliates, division, or department thereof, on the Plan or on this grant under the Plan.
The Committee may, in its sole discretion, permit you to surrender this grant in order to exercise or realize the rights under other awards under the Plan, or in exchange for the grant of new awards under the Plan, or require you to surrender this
grant as a condition precedent to the grant of new awards under the Plan. 

  

	9.	Any action taken or decision made by the Company, the Board, or the Committee or its delegates arising out of or in connection with the construction, administration, interpretation
or effect of the Plan or this Agreement shall lie within its sole and absolute discretion, as the case may be, and shall be final, conclusive and binding on you and all persons claiming under or through you. By accepting this grant or other benefit
under the Plan, you and each person claiming under or through you shall be conclusively deemed to have indicated acceptance and ratification of, and consent to, any action taken under the Plan by the Company, the Board or the Committee or its
delegates. 

  

	10.	The validity, construction, interpretation, administration and effect of the Plan, and of its rules and regulations, and rights relating to the Plan and to this Agreement, shall be
governed by the substantive laws, but not the choice of law rules, of the State of Delaware. 

  

	11.	This agreement is subject to your execution of a Non-Solicitation Agreement in a form acceptable to the Company no later than the date of execution of this Agreement.

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