Document:

Exhibit 10.32

 Exhibit 10.32 
 [Name of Executive] 
 RESTRICTED STOCK AGREEMENT 
 This Agreement is between                     
(the “Executive”) and Host Hotels & Resorts, Inc. (“Company”), a Maryland corporation, and governs an award made to the Executive pursuant to the Host Hotels & Resorts 2009 Comprehensive Stock and Cash Incentive
Plan (the “Plan”). The Company and the Executive agree as follows: 
 1. Restricted Stock Award. The Company has awarded the
Executive              shares of Restricted Stock of which: 
 (i)
             shares shall vest based on Executive’s performance against such Executive’s annual Personal Performance Goals, as described in Section 2 hereof (the
“Personal Performance Award”); 
 (ii)              shares shall vest
based on performance relating to the Relative NAREIT TSR, as described in Section 3 hereof (the “Relative NAREIT TSR Award”); and 
 (iii)              shares shall vest based on performance relating to the Relative Total Lodging TSR, as described in Section 4 hereof (the “Relative Lodging TSR
Award”). 
 2. Personal Performance Award. The Personal Performance Award may vest in two (2) annual installments, as
follows: (i)              shares for the period January 1, 2010 to December 31, 2010; and              shares for
the period January 1, 2011 to December 31, 2011, in each case based on Executive’s satisfaction of [his] [her] Personal Performance Goals for the applicable period as follows: 
  

				
	 If the level of
 Satisfaction of

 Personal
 Performance Goals is
	  	Then the percentage of
the Personal
Performance Award
which will vest will be	 
	<Threshold	  	0	% 
	Threshold	  	33.33	% 
	Target	  	66.66	% 
	High	  	100	% 

 The Executive will vest in the Personal Performance Award provided that the
Executive is employed by the Company on the date that the Compensation Policy Committee of the Board of Directors of the Company (the “Committee”) determines the 

  

 1 

 
level of satisfaction on the Personal Performance Goals for the applicable year, unless otherwise provided in Section 8 of this Agreement. For this
purpose “Personal Performance Goals” shall mean the management performance objectives established each year applicable to the Executive for purposes of determining Executive’s annual bonus incentive award. Shares that do not vest with
respect to the applicable year shall be forfeited on the date the Committee determines the level of satisfaction on the Personal Performance Goals for the applicable year. 
 3. Relative NAREIT TSR Award. The Relative NAREIT TSR Award may vest in two (2) annual installments, as follows:
(i)              shares for the period January 1, 2010 to December 31, 2010; and (ii)              shares for
the period January 1, 2011 to December 31, 2011, in each case based on the Company’s results on Relative NAREIT TSR for the applicable year as follows: 
  

				
	 If Relative NAREIT TSR is
	  	Then the percentage of the
Relative NAREIT TSR for
the relevant period which
will vest will
be	 
	 <30th percentile
	  	0	% 
	 30th percentile
	  	25	% 
	 50th percentile
	  	50	% 
	 75th percentile
	  	100	% 

 The Executive will vest in the applicable installment of the Relative NAREIT TSR Award provided
that the Executive is employed by the Company on the date that the Committee determines the Relative NAREIT TSR for the applicable year, unless otherwise provided in Section 8 of this Agreement. 
 “Relative NAREIT TSR” shall mean the percentile rank of the Company in a year as compared to companies comprising the NAREIT Equity Index for such year, and
shall be determined by comparing the increase in the Starting Price over the Ending Price, plus dividends paid on the Company’s common stock during the applicable year, to the increase in the Starting Price over the Ending Price, plus dividends
paid on the common stock of companies comprising the NAREIT Equity Index for such year. The “Starting Price” for the Company and the companies comprising the NAREIT Equity Index shall mean the average of the high and the low trading prices
of the common stock of the Company and the common stock of companies comprising the NAREIT Equity Index, respectively, on the trading days occurring on (i) with respect to the period January 1, 2010 to December 31, 2010, the last
sixty (60) calendar days of 2009, and (ii) with respect to the period January 1, 2011 to December 31, 2011, the last sixty (60) calendar days of 2010. The “Ending Price” for the Company and the companies comprising
the NAREIT Equity Index shall mean the average of the high and the low trading prices of 

  

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the common stock of the Company and the common stock of companies comprising the NAREIT Equity Index, respectively, on the trading days occurring on
(i) with respect to the period January 1, 2010 to December 31, 2010, the last sixty (60) calendar days of 2010, and (ii) with respect to the period January 1, 2011 to December 31, 2011, the last sixty
(60) calendar days of 2011. 
 The calculation of the Relative NAREIT TSR and the number of shares vested under the Relative NAREIT TSR Award shall be
carried out to the third decimal point. The actual number of shares of the Relative NAREIT TSR Award which shall vest shall be interpolated between the vesting percentages to the extent that the Relative NAREIT TSR is between the amounts set forth
in the chart above. 
 Shares subject to the Relative NAREIT TSR Award that do not vest according to the schedule above may vest and be released as provided
in Section 5 of this Agreement. 
 4. Relative Lodging TSR Award. The Relative Lodging TSR Award may vest in two (2) annual
installments, as follows: (i)              shares for the period January 1, 2010 to December 31, 2010; and
(ii)              shares for the period January 1, 2011 to December 31, 2011, in each case based on the Company’s results on Relative Lodging TSR for the applicable year
as follows: 
  

				
	 If Relative Lodging TSR is
	  	Then the percentage of the
Relative Lodging TSR for
the relevant period which
will vest will
be	 
	 <30th percentile
	  	0	% 
	 30th percentile
	  	25	% 
	 50th percentile
	  	50	% 
	 75th percentile
	  	100	% 

 The Executive will vest in the applicable installment of the Relative Lodging TSR Award provided
that the Executive is employed by the Company on the date that the Committee determines the Relative Lodging TSR for the applicable year, unless otherwise provided in Section 8 of this Agreement. 
 “Relative Lodging TSR” shall mean the percentile rank of the Company in a year as compared to an index of lodging REITs and hotel management companies as
established by the Committee (the “Lodging Index”) for such year, and shall be determined by comparing the increase in the Starting Price over the Ending Price, plus dividends paid on the Company’s common stock, to the increase in the
Starting Price over the Ending Price, plus dividends paid on the common stock of the companies comprising the Lodging Index for such year. The “Starting Price” for the Company and the companies 

  

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comprising the Lodging Index shall mean the average of the high and the low trading prices of the common stock of the Company and the common stock of
companies comprising the Lodging Index, respectively, on the trading days occurring on (i) with respect to the period January 1, 2010 to December 31, 2010, the last sixty (60) calendar days of 2009, and (ii) with respect to
the period January 1, 2011 to December 31, 2011, the last sixty (60) calendar days of 2010. The “Ending Price” for the Company and the companies comprising the Lodging Index shall mean the average of the high and the low
trading prices of the common stock of the Company and the common stock of companies comprising the Lodging Index, respectively, on the trading days occurring on (i) with respect to the period January 1, 2010 to December 31, 2010, the
last sixty (60) calendar days of 2010, and (ii) with respect to the period January 1, 2011 to December 31, 2011, the last sixty (60) calendar days of 2011. 
 The calculation of the Relative Lodging TSR Award and the number of shares vested under the Relative Lodging TSR Award shall be carried out to the third decimal point. The actual number of shares of the Relative
Lodging TSR Award which shall vest shall be interpolated between the vesting percentages to the extent that the Relative Lodging TSR is between the amounts set forth in the chart above. 
 Shares subject to the Relative Lodging TSR Shares that do not vest according to the schedule above may vest and be released as provided in Section 5 of this Agreement. 
 5. Cumulative Performance. 
 (i) Any unvested portion of the Relative NAREIT TSR Award will vest if the cumulative Relative NAREIT TSR for the Company for the period January 1, 2009 through December 31, 2011, as determined by the
Committee in a manner consistent with the methodology described in Section 3 of this Agreement, equals or exceeds the 75th
 percentile of the peer companies in the NAREIT Equity Index; as determined by the Committee, provided that the Executive is employed by the Company on the date the Committee determines the
cumulative Relative NAREIT TSR. Any unvested portion of the Relative NAREIT TSR Award that does not vest in accordance with this Section 5 shall be forfeited on the date the Committee determines the cumulative Relative NAREIT TSR. 

(ii) Any unvested portion of the Relative Lodging TSR Award will vest if the cumulative Relative Lodging TSR for the Company for
the period January 1, 2009 through December 31, 2011, as determined by the Committee in a manner consistent with the methodology described in Section 4 of this Agreement, equals or exceeds the 75th percentile of the peer companies in the Lodging Index, as determined by the Committee, provided that
the Executive is employed by the Company on the date the Committee determines the cumulative Relative Lodging TSR. Any unvested portion of the Relative Lodging TSR Award that does not vest in accordance with this Section 5 shall be forfeited on
the date the Committee determines the cumulative Relative Lodging TSR. 
  

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 6. Restricted Stock Account. The shares of Restricted Stock have been deposited in restricted
stock account or accounts for the Executive at the Company’s transfer agent. The Company reserves the right at its sole discretion to change the financial institution in which the shares are deposited. These shares are nontransferable and
otherwise subject to the Plan until the restrictions are removed based on achievement of the applicable conditions to removal of the restrictions or as otherwise permitted by the Committee. Shares of Restricted Stock shall be released from such
account and all restrictions on transfer thereof shall be removed as soon as practicable after the shares have vested in accordance with Sections 2, 3, 4 or 5 above, as applicable. All determinations of vesting in the Personal Performance Award, the
Relative NAREIT TSR Award and Relative Lodging TSR Award shall be determined by the Committee in its sole discretion. 
 7. Voting Rights
and Dividends. The Executive has the right to vote the Restricted Stock, except to the extent shares are forfeited. The Executive shall not receive any dividends with respect to the Restricted Stock unless and until the Executive vests in the
relevant shares. At the time of vesting, the Executive shall receive a cash payment equal to the cumulative dividends (without interest) paid on the shares of Restricted Stock in which the Executive vests for the period beginning on the date of
grant of those shares, and ending on the date of vesting. No dividends shall be paid to the Executive with respect to any shares represented by shares of Restricted Stock that are forfeited by the Executive. 
 In the event any or all of the shares of Restricted Stock are split, or combined, or in any other manner changed, modified or amended, or the Company is recapitalized,
restructured, or reorganized, the shares represented by the Restricted Stock may be adjusted as provided in Article 13 of the Plan. 
 8.
Termination Policy. This Agreement is not an employment contract. This Agreement is, however, a contract creating enforceable rights between the Company (and any successor) and the Executive regarding the Restricted Stock. This Agreement is
subject to the “Host Hotels & Resorts, Inc. Severance Plan for Executives” (the “Severance Plan”), attached hereto as Exhibit A. If the Executive’s employment with the Company is terminated by the Company for
Cause (as defined in the Severance Plan) or by the Executive without Good Reason (as defined in the Severance Plan), then all unvested and unreleased shares of Restricted Stock shall be forfeited. If the Executive’s employment with the Company
is terminated by the Company without Cause or by the Executive with Good Reason not following a Change in Control while any Restricted Stock remains unvested and has not be previously forfeited, then the Executive shall immediately vest in
(i) 66.66% of the then unvested portion of the Personal Performance Award, (ii) 50% of the portion of the Relative NAREIT TSR Award which had not yet become vested pursuant to Section 3 of this Agreement, but which had been scheduled
to vest pursuant to Section 3 of this Agreement with respect to any year ending after the date of such termination, and (iii) 50% of the portion of the Relative Lodging TSR Award which had not yet become vested pursuant to Section 4
of this Agreement, but which had been scheduled to vest pursuant to Section 4 of this Agreement with respect to any year 

  

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ending after the date of such termination. If the Executive’s employment with the Company is terminated by (i) reason of the Executive’s
death, (ii) Disability, (iii) the Company without Cause following a Change in Control or (iv) the Executive with Good Reason following a Change in Control, and any Restricted Stock remains unvested and has not been previously
forfeited, then all unvested shares of Restricted Stock shall vest and all restrictions thereon shall be removed. [Insert for certain executives: The Executive agrees that in the event of his death, however, his named beneficiary will receive
             (the “Proceeds”) from that certain ReliaStar Life Insurance Company dated as of September 12, 2003. Executive agrees notwithstanding the foregoing that he shall
forfeit that number of shares which of Restricted Stock have a Fair Market Value equal to the amount of the Proceeds and any remaining shares of Restricted Stock shall vest.] 
 9. Other Long-Term Incentive Awards. The Executive understands and agrees that the shares of Restricted Stock granted pursuant to this Agreement
and stock options granted pursuant to a Stock Option Agreement dated May 14, 2009, are in lieu of any other awards of long-term incentives or supplemental long-term incentives of stock options and deferred bonus stock awards for the period
2010-2011, and that the Executive is not entitled to receive any additional stock options award, deferred bonus stock awards or additional restricted stock award for the period 2010-2011 (other than awards granted and still in effect prior to
January 31, 2009). The Committee reserves the right to make additional long-term incentive awards to individuals in cases where it believes doing so is in the best interests of the Company and its shareholders. 
 10. The Plan. The Restricted Stock is granted in accordance with and subject to the Plan. The terms of this Agreement are intended to be in full
accordance with the Plan. However, in the event of any potential or actual conflict between any term of this Agreement and the Plan, this Agreement shall automatically be amended to comply with the terms of the Plan. All defined terms used in this
Agreement which are otherwise not defined herein shall have the meaning set forth in the Plan. 
 11. Modifications to the
Agreement. This Agreement represents the full and complete understanding between the Executive and the Company and this Agreement cannot be modified or changed by any prior or contemporaneous or future oral agreement of the parties. This
Agreement shall only be modified by the express written agreement of the parties. 
 12. Governing Law. This Agreement shall be
governed by the law of the State of Maryland without regard to choice of law or conflict of law rules. 
 13. Designation of Beneficiary.
The Executive may designate a beneficiary in the space provided at the end of this Agreement. 
 14. No Guarantee of Continued
Service. BY SIGNING THIS AGREEMENT EXECUTIVE ACKNOWLEDGES AND AGREES THAT THE VESTING OF SHARES PURSUANT TO THIS AGREEMENT IS EARNED ONLY 

  

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BY CONTINUING AS AN ELIGIBLE INDIVIDUAL AT THE WILL OF THE COMPANY (NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THIS AWARD OR ACQUIRING SHARES
HEREUNDER). EXECUTIVE FURTHER ACKNOWLEDGES AND AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS AN ELIGIBLE
INDIVIDUAL FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE IN ANY WAY WITH HIS OR HER RIGHT OR THE COMPANY’S RIGHT TO TERMINATE THE RELATIONSHIP AS AN ELIGIBLE INDIVIDUAL AT ANY TIME, WITH OR WITHOUT CAUSE.

 15. Taxation. The Executive understands that upon removal of restrictions on any of the shares represented by the Restricted Stock
granted hereunder, a taxable event will occur and Executive will be responsible for payment of taxes due. The Committee may condition the delivery of any shares or any other benefits under this Agreement on the satisfaction of applicable withholding
requirements. The Committee, in its discretion, and subject to such requirements as the Committee may impose prior to the occurrence of such withholding, may permit such withholding obligations to be satisfied through cash payment by the Executive,
through the surrender of shares of common stock of the Company that the Executive already owns, or through the surrender of shares of Restricted Stock to which the Executive would otherwise be entitled under this Agreement provided, however, that if
the withholding obligation arises during a period in which the Executive is prohibited in trading in the Company’s equity securities by reason of the Federal securities laws, or any Company policy regarding insider trading, then the Company
shall automatically withhold the number of shares with a Fair Market Value equal to the minimum amount required to be withheld from the Restricted Stock to which the Executive would otherwise be entitled under this Agreement. 
 16. Confidential Information. In consideration of the grant of Restricted Stock the Executive hereby agrees that the Company has made and
will make available to the Executive, and the Executive will have access to, certain Confidential Information (as defined herein) of the Company and its affiliates. The Executive acknowledges and agrees that any and all Confidential Information
learned or obtained by the Executive during the course of the Executive’s employment with the Company or otherwise, whether developed by the Executive alone or in conjunction with others or otherwise, shall be and is the property of the Company
and its affiliates. Accordingly, the Executive shall at all times keep all Confidential Information confidential and will not use such Confidential Information other than in connection with the Executive’s discharge of his/her employment with
the Company, and will safeguard the Confidential Information from unauthorized disclosure. This covenant is not intended to, and does not limit in any way the Executive’s duties and obligations to the Company under statutory and common law not
to disclose or make personal use of the Confidential Information or trade secrets. For the purposes of this Agreement, “Confidential Information” shall mean all confidential and proprietary information of the Company, and its
affiliates, including, without limitation, the Company’s contractor, customer, supplier and vendor lists and 

  

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information, marketing strategies, pricing policies or characteristics, product or product specifications, designs, software systems, leasing costs, cost of
equipment, business or business prospects, plans, proposals, codes, marketing studies, research, reports, investigations, trade secrets or other information of similar character. For purposes of this Agreement, Confidential Information shall not
include (i) information which is generally available to the public, (ii) information obtained by the Executive from third persons other than employees of the Company, its subsidiaries, and affiliates not under agreement to maintain the
confidentiality of the same, and (iii) information which is required to be disclosed by law or legal process. 
  

									
	 Accepted by the Executive:
	 		 	 For the Company:

			
	  
	 		 	  

	[Executive]	 		 	[Company representative]
					
	Date:	 	  
	 		 	Date:	 	  

					
	Beneficiary:	 	  
	 		 		 	
					
	Relationship:	 	  
	 		 		 	

  

 8Exhibit 10.33

 Exhibit 10.33 
 [NAME OF EXECUTIVE] 
 STOCK OPTION AGREEMENT 
 This Agreement is between
                                         
                (the “Executive”) and Host Hotels & Resorts, Inc. (“Company”), a Maryland corporation, and governs an award made to the Executive
pursuant to the Host Hotels & Resorts 2009 Comprehensive Stock and Cash Incentive Plan (the “Plan”). The Company and the Executive agree as follows: 
 1. Stock Option Award. On May 14, 2009 (the “Grant Date”) the Company awarded the Executive the option to purchase
                         shares of the Company’s Common Stock (the “Option”) at an exercise price equal to
$             per share (the “Per Share Exercise Price”), which Option shall vest and become exercisable according to the terms and conditions of this Agreement. This Option is
not intended to be an Incentive Stock Option. 
 2. Vesting. Subject to this paragraph, the Option will vest and may be exercised as
follows: 
  

	 	a)	             shares on December 31, 2010; and 

  

	 	b)	             shares on December 31, 2011. 

 Except as provided in Section 5, upon Executive’s Termination of Service his or her right to vest in the Option shall terminate and any unvested portion of the
Option shall be forfeited. 
 3. Exercise Period. The Option may not be exercised until vested. Once vested, the vested portion of the
Option may be exercised in whole or in part, at any time, but may only be exercised for whole shares. However, the vested portion of the Option must be exercised, if at all, prior to the earlier of: 
  

	 	a)	one year following Executive’s Termination of Service with the Company by reason of death or Disability; 

  

	 	b)	six months following Executive’s Termination of Service for any reason other than death or Disability; and 

  

	 	c)	the tenth anniversary of the Grant Date; 

 and, if not exercised
prior thereto, shall terminate and no longer be exercisable. 
 4. Exercise Terms. The Option will be deemed exercised upon
Executive’s completing the exercise procedures established by the Company and payment of the Per Share Exercise Price for each share of Common Stock being purchased upon exercise of the Option, plus any applicable tax withholding to the Company
as provided in Section 6 below. Payment may be made in (a) cash; (b) with the consent of the Committee, shares of Common Stock having a Fair Market Value equal to the aggregate exercise price, or (c) broker assisted cashless
exercise, as permitted by the Plan. 

 [Name of Executive] 
 2009 Stock Option Agreement 
  

 5. Termination Policy. This Agreement is not an employment contract. This Agreement is,
however, a contract creating enforceable rights between the Company (and any successor) and the Executive regarding the Option. This Agreement is subject to the “Host Hotels & Resorts Severance Plan for Executives” (the
“Severance Plan”), attached hereto as Exhibit A. If the Executive’s employment with the Company is terminated for Cause (as defined in the Severance Plan) or by the Executive without Good Reason (as defined in the Severance
Plan), then the unvested portion of the Option shall be forfeited and be no longer exercisable. If the Executive’s employment with the Company is terminated by (i) reason of the Executive’s death, (ii) Disability, (iii) the
Company without Cause or (iv) the Executive with Good Reason, then all shares subject to the Option shall vest and become exercisable. 
 6. Withholding. The Company has the authority to deduct or withhold, or require Executive to remit to the Company, an amount sufficient to satisfy applicable federal, state, local and foreign taxes arising from exercise or vesting of
the Option. Executive may satisfy such tax withholding obligation, in whole or in part, by either: (i) electing to have the Company withhold shares otherwise to be delivered with a Fair Market Value equal to the minimum amount of the tax
withholding obligation; (ii) paying the withholding amount in cash to the Company; or (iii) with the consent of the Committee surrendering to the Company previously owned Common Stock with a Fair Market Value equal to the minimum amount of
the tax withholding obligation. 
 7. Not Transferable. Except as otherwise permitted by the Plan, this Option is not transferable
except by will or the laws of descent and distribution. 
 8. Other Long-Term Incentive Awards. The Executive understands and agrees
that the Option granted pursuant to this Agreement are in lieu of any other Options for the period 2009 – 2011, and that the Executive is not entitled to receive any additional stock option awards (other than awards granted in February, 2009).
The Committee reserves the right to make additional long-term incentive awards to individuals in cases where it believes doing so is in the best interests of the Company and its shareholders. 
 9. The Plan. The Option is granted in accordance with and subject to the Plan. The terms of this Agreement are intended to be in full accordance
with the Plan. However, in the event of any potential conflict between any term of this Agreement and the Plan, this Agreement shall automatically be amended to comply with the terms of the Plan. All defined terms used in this Agreement which are
otherwise not defined herein shall have the meaning set forth in the Plan. 
 10. Modifications to the Agreement. This Agreement
represents the full and complete understanding between the Executive and the Company and this Agreement cannot be modified or changed by any prior or contemporaneous or future oral agreement of the parties. This Agreement shall only be modified by
the express written agreement of the parties. 
  

 2 

 [Name of Executive] 
 2009 Stock Option Agreement 
  

 11. Governing Law. This Agreement shall be governed by the law of the State of Maryland
without regard to choice of law or conflict of law rules. 
 12. Designation of Beneficiary. The Executive may designate a beneficiary
in the space provided at the end of this Agreement. 
 13. No Guarantee of Continued Service. BY SIGNING THIS AGREEMENT EXECUTIVE
ACKNOWLEDGES AND AGREES THAT THE VESTING OF THE OPTION PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS AN ELIGIBLE INDIVIDUAL AT THE WILL OF THE COMPANY (NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THIS OPTION OR
ACQUIRING SHARES HEREUNDER). EXECUTIVE FURTHER ACKNOWLEDGES AND AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS
AN ELIGIBLE INDIVIDUAL FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE IN ANY WAY WITH HIS OR HER RIGHT OR THE COMPANY’S RIGHT TO TERMINATE THE RELATIONSHIP AS AN ELIGIBLE INDIVIDUAL AT ANY TIME, WITH OR WITHOUT
CAUSE. 
 14. Confidential Information. In consideration of the grant of the Option, the Executive hereby agrees that the Company has
made and will make available to the Executive, and the Executive will have access to, certain Confidential Information (as defined herein) of the Company and its affiliates. The Executive acknowledges and agrees that any and all Confidential
Information learned or obtained by the Executive during the course of the Executive’s employment with the Company or otherwise, whether developed by the Executive alone or in conjunction with others or otherwise, shall be and is the property of
the Company and its affiliates. Accordingly, the Executive shall at all times keep all Confidential Information confidential and will not use such Confidential Information other than in connection with the Executive’s discharge of his/her
employment with the Company, and will safeguard the Confidential Information from unauthorized disclosure. This covenant is not intended to, and does not limit in any way the Executive’s duties and obligations to the Company under statutory and
common law not to disclose or make personal use of the Confidential Information or trade secrets. For the purposes of this Agreement, “Confidential Information” shall mean all confidential and proprietary information of the Company,
and its affiliates, including, without limitation, the Company’s contractor, customer, supplier and vendor lists and information, marketing strategies, pricing policies or characteristics, product or product specifications, designs, software
systems, leasing costs, cost of equipment, business or business prospects, plans, proposals, codes, marketing studies, research, reports, investigations, trade secrets or other 

  

 3 

 [Name of Executive] 
 2009 Stock Option Agreement 
  

 
information of similar character. For purposes of this Agreement, Confidential Information shall not include (i) information which is generally
available to the public, (ii) information obtained by the Executive from third persons other than employees of the Company, its subsidiaries, and affiliates not under agreement to maintain the confidentiality of the same, and
(iii) information which is required to be disclosed by law or legal process. 
  

									
	Accepted by the Executive:	 		 	For the Company:
			
	  
	 		 	  

	[Name]	 		 		 		 	
					
	Date:	 	  
	 		 	Date:	 	  

					
	Beneficiary:	 	  
	 		 		 	
					
	Relationship:	 	  
	 		 		 	

  

 4

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