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Exhibit 10.25    
    

[EXECUTIVE NAME] 

COMFORT SYSTEMS USA, INC.
  2006 Equity Incentive Plan

Restricted Stock Award Agreement 

Comfort
Systems USA, Inc.

777 Post Oak Blvd, Suite 500

Houston, Texas 77056 

Ladies
and Gentlemen: 

        The
undersigned (i) acknowledges that he or she has received an award (the "Award") of restricted stock from Comfort Systems USA, Inc., a Delaware corporation (the
"Company") under the 2006 Equity Incentive Plan (the "Plan"), subject to the terms set forth below and in the Plan; (ii) further acknowledges receipt of a copy of the Plan as in effect on the
date hereof; and (iii) agrees with the Company as follows: 

	1.
	Effective Date.    This Agreement shall take effect as of March 28, 2007, which is the date of grant of the Award.

	2.
	Shares Subject to Award.    The Award consists of
[AMOUNT] shares (the "Shares") of common stock of the Company ("Stock"). The undersigned's rights to the Shares are subject to
the restrictions described in this Agreement and the Plan (which is incorporated herein by reference with the same effect as if set forth herein in full) in addition to such other restrictions, if
any, as may be imposed by law.

	3.
	Meaning of Certain Terms.    Except as otherwise expressly provided, all terms used herein shall have the same meaning as in
the Plan. The term "vest" as used herein with respect to any Share means the lapsing of the restrictions described herein and in the Plan with respect to such Share.

	4.
	Nontransferability of Shares.    The Shares acquired by the undersigned pursuant to this Agreement shall not be sold,
transferred, pledged, assigned or otherwise encumbered or disposed of except as provided below and in the Plan.

	5.
	Forfeiture Risk.    Except as provided in Section 7(b) of this Agreement, if the undersigned ceases to be employed by
the Company and its subsidiaries for any reason, including death, any then unvested Shares acquired by the undersigned hereunder shall be immediately forfeited. The undersigned hereby
(i) appoints the Company as the attorney-in-fact of the undersigned to take such actions as may be necessary or appropriate to effectuate a transfer of the record
ownership of any such shares that are unvested and forfeited hereunder, (ii) agrees to deliver to the Company, as a precondition to the issuance of any certificate or certificates with respect
to unvested Shares hereunder, one or more stock powers, endorsed in blank, with respect to such Shares, and (iii) agrees to sign such other powers and take such other actions as the Company may
reasonably request to accomplish the transfer or forfeiture of any unvested Shares that are forfeited hereunder.

	6.
	Retention of Certificates.    Any certificates representing unvested Shares shall be held by the Company. The undersigned
agrees that the Company may give stop transfer instructions to the depository to ensure compliance with the provisions hereof.

	7.
	Vesting of Shares.    The shares acquired hereunder shall vest in accordance with the provisions of this Paragraph 7
and applicable provisions of the Plan, as follows:

	(a)
	If
the Committee determines that, for the prior 12 month period preceding the first scheduled vesting date, the Company did not have positive earnings from its continuing
operations, all as determined and reported in accordance with generally accepted 

 

accounting
principles in the Company's regularly-prepared financial statements, excluding the following non-cash items: (i) good will impairment; (ii) write-off
of debt costs; (iii) restructuring charges; and (iv) any cumulative effect of a change in accounting principles, Employee shall immediately and irrevocably forfeit all of the Shares.
Additionally, if the Committee determines that for any of the 12 month periods prior to the date that such restricted shares are scheduled to vest under Provision 7(b) herein the Company did
not achieve 60% of the average 3-year trailing EBITDA target as set by the Compensation Committee under the average of the Company's prior 3-year Senior Management Incentive
Programs, then Employee shall immediately and irrevocably forfeit all of the shares scheduled to vest. If in the prior 12 month period, the Company achieved between 60% to 80% of the average
3-year trailing EBITDA target as set by the Compensation Committee under the average of the Company's prior 3-year Senior Management Incentive Programs, then Employee shall
immediately and irrevocably forfeit shares proportionately based on a scale where 60% or less equals 0% of shares retained by Employee and 80% or greater equals 100% of shares retained by Employee;
and all shares not forfeited pursuant to the aforementioned scale shall immediately vest. 

	(b)
	If
and only if the positive earnings goal in Section 7(a) has been achieved, and provided that the undersigned is then, and since the date of grant has continuously been
employed by the Company or its subsidiaries, then the Shares shall vest as follows: 

[1/3
OF AMOUNT] on [FIRST VEST DATE]; 

[1/3
OF AMOUNT] on [SECOND VEST DATE];
and 

[1/3  OF AMOUNT] on [THIRD VEST DATE]. 

provided, however, that, not withstanding (a) or (b) above, any unvested Shares that have not earlier been forfeited shall vest
immediately in the event of (i) a "Change in Control" as defined in the undersigned's current employment agreement or (ii) if the undersigned and Company have not entered
into an employment agreement, in the event the Company experiences a "Change in Control" as defined herein. 

	8.
	Legend.    Any certificates representing unvested Shares shall be held by the Company, and any such certificate shall contain
a legend substantially in the following form: 

THE
TRANSFERABILITY OF THIS CERTIFICATE AND THE SHARES OF STOCK REPRESENTED HEREBY ARE SUBJECT TO THE TERMS AND CONDITIONS (INCLUDING FORFEITURE) OF THE COMPANY'S 2006 EQUITY INCENTIVE PLAN AND A
RESTRICTED STOCK AWARD AGREEMENT ENTERED INTO BETWEEN THE REGISTERED OWNER AND COMFORT SYSTEMS USA, INC. COPIES OF SUCH PLAN AND AGREEMENT ARE ON FILE IN THE OFFICES OF COMFORT SYSTEMS
USA, INC. 

As
soon as practicable following the vesting of any such Shares the Company shall cause a certificate or certificates covering such Shares to be delivered to the undersigned. 

	9.
	Dividends, etc.    The undersigned shall be entitled to (i) receive any and all dividends or other distributions paid
with respect to those Shares of which he is the record owner on the record date for such dividend or other distribution, and (ii) vote any Shares of which he is the record owner on the record
date for such vote; provided, however, that any property (other than cash) distributed with respect to a share of Stock (the "associated share")
acquired hereunder, including without limitation a distribution of Stock by reason of a stock dividend, stock split or otherwise, or a distribution of other securities with respect to an associated
share, shall be subject to the restrictions of this Agreement in the same manner and for so long as the 

2

 

associated
share remains subject to such restrictions, and shall be promptly forfeited to the Company if and when the associated share is so forfeited; and further
provided, that the Administrator may require that any cash distribution with respect to the Shares other than a normal cash dividend be placed in escrow or otherwise made
subject to such restrictions as the Administrator deems appropriate to carry out the intent of the Plan. References in this Agreement to the Shares shall refer, mutatis
mutandis, to any such restricted amounts. 

	10.
	Sale of Vested Shares.    The undersigned understands that he/she will be free to sell any Share once it has vested, subject
to (i) satisfaction of any applicable tax withholding requirements with respect to the vesting or transfer of such Share; (ii) the completion of any administrative steps (for example,
but without limitation, the transfer of certificates) that the Company may reasonably impose; and (iii) applicable company policies and the requirements of federal and state securities laws.

	11.
	Certain Tax Matters.    The undersigned expressly acknowledges the following:

	a.
	The
undersigned has been advised to confer promptly with a professional tax advisor to consider whether the undersigned should make a so-called "83(b) election" with
respect to the Shares. Any such election, to be effective, must be made in accordance with applicable regulations and within thirty (30) days following the date of this award. The Company has
made no recommendation to the undersigned with respect to the advisability of making such an election.

	b.
	The
award or vesting of the Shares acquired hereunder, and the payment of dividends with respect to such shares, may give rise to "wages" subject to withholding. The undersigned
expressly acknowledges and agrees that his rights hereunder are subject to his paying to the Company in cash (or by such other means as may be acceptable to the Company in its discretion, including,
if the Committee so determines, by the delivery of previously acquired Stock or shares of Stock acquired hereunder or by the withholding of amounts from any payment hereunder) all taxes required to be
withheld in connection with such award, vesting or payment.

	12.
	Definition: Change in Control.    For the purpose of Section 7(b)(ii) herein, a "Change in Control" shall be deemed to
have occurred if:

	a.
	any
person, other than Comfort Systems USA, Inc. ("CSUSA"), or an employee benefit plan of CSUSA, or any entity controlled by either, acquires directly or indirectly the
Beneficial Ownership (as defined in Section 13(d) of the Securities Exchange Act of 1934, as amended) of any voting security of CSUSA and immediately after such acquisition such person is,
directly or indirectly, the Beneficial Owner of voting securities representing fifty percent (50%) or more of the total voting power of all of the then-outstanding voting securities of
CSUSA;

	b.
	the
following individuals no longer constitute a majority of the members of the Board of Directors of CSUSA: (i) the individuals who, as of the date hereof, constitute the Board
of Directors of Comfort Systems USA, Inc. (the "Original Directors"); (ii) the individuals who thereafter are elected to the Board of Directors of CSUSA and whose election, or nomination
for election, to the Board of Directors of CSUSA was approved by a vote of at least two-thirds (2/3) of the Original Directors then still in office (such directors becoming
"Additional Original Directors" immediately following their election); and (iii) the individuals who are elected to the Board of Directors of CSUSA and whose election, or nomination for
election, to the Board of Directors of CSUSA was approved by a vote of at least two-thirds (2/3) of the Original Directors and Additional Original 

3

 

Directors
then still in office (such directors also becoming "Additional Original Directors" immediately following their election); 

	c.
	the
stockholders of CSUSA shall approve a merger, consolidation, recapitalization, or reorganization of CSUSA, a reverse stock split of outstanding voting securities, or consummation
of any such transaction if stockholder approval is not obtained, other than any such transaction that would result in at least seventy-five percent (75%) of the total voting power
represented by the voting securities of the surviving entity outstanding immediately after such transaction being Beneficially Owned by at least seventy-five percent (75%) of the holders
of outstanding voting securities of CSUSA immediately prior to the transaction, with the voting power of each such continuing holder relative to other such continuing holders not substantially altered
in the transaction; or

	d.
	the
stockholders of CSUSA shall approve a plan of complete liquidation of CSUSA or an agreement for the sale or disposition of all or a substantial portion of CSUSA's assets
(i.e., fifty percent (50%) or more of the total assets of CSUSA). 

	 	 	 	 	Very truly yours,
	

 	
 	

 	
 	
[SIGNATURE]
 [EXECUTIVE NAME]
	

The foregoing Restricted Stock

Award Agreement is hereby accepted:	
 	

 
	
COMFORT SYSTEMS USA, INC.	
 	

 
	

By:	
 	
[SIGNATURE]
 [TITLE]	
 	

 

4

QuickLinks

Exhibit 10.25Exhibit
4.1

 

	
  

  	
  NUMBER
  SHARES  INCORPORATED UNDER THE LAWS OF
  THE STATE OF DELAWARE  COMMON
  STOCKCUSIP 14159L 10 3 SEE REVERSE FOR CERTAIN DEFINITIONS  THIS CERTIFIES that  is the owner of  FULLY PAID AND NON-ASSESSABLE SHARES OF THE
  COMMON STOCK, PAR VALUE OF $0.001 EACH OF CARDIONET, INC.  transferable on the books of the
  Corporation by the holder hereof in person, or by duly authorized attorney,
  upon surrender of this certificate properly endorsed.  This certificate is not valid unless
  countersigned and registered by the Transfer Agent and Registrar. WITNESS the
  facsimile seal of the Corporation and the facsimile signatures of its duly
  authorized officers.  Dated :     CORPORATE SECRETARYPRESIDENT AND CHIEF
  EXECUTIVE OFFICER      COUNTERSIGNED
  AND REGISTERED: AMERICAN STOCK TRANSFER & TRUST COMPANY (NEW YORK,
  N.Y.)TRANSFER AGENT AND REGISTRAR BY BY  
  AUTHORIZED SIGNATURE  AMERICAN
  BANK NOTE COMPANYPRODUCTION COORDINATOR: DENISE HOPKINS 931-490-1714 711
  ARMSTRONG LANEPROOF OF FEBRUARY 26, 2008 COLUMBIA, TENNESSEE 38401CARDIONET,
  INC. (931) 388-3003TSB 29508 FC VERS. B 
  SALES:E. BUCKLEY 951-340-1950Operator:R/AP / ETHER 7 / LIVE JOBS / C /
  CARDIONET 29508 FC VERS. B          
  Rev. 1  PLEASE INITIAL THE
  APPROPRIATE SELECTION FOR THIS PROOF:    
  OK AS IS     OK WITH
  CHANGES    MAKE CHANGES AND SEND
  ANOTHER PROOF  Colors Selected for
  Printing: Logo prints in PMS 423 and PMS 645. Intaglio prints in SC-3 Dark
  Green.  COLOR: This proof was printed
  from a digital file or artwork on a graphics quality, color laser printer. It
  is a good representation of the color as it will appear on the final product.
  However, it is not an exact color rendition, and the final printed product
  may appear slightly different from the proof due to the difference between
  the dyes and printing ink.  

  

 

	
  

  	
  The Corporation
  shall furnish without charge to each stockholder who so requests a statement
  of the powers, designations, preferences and relative, participating,
  optional or other special rights of each class of stock of the Corporation or
  series thereof and the qualifications, limitations or restrictions of such
  preferences and/or rights. Such requests shall be made to the
  Corporation.   The following
  abbreviations, when used in the inscription on the face of this certificate,
  shall be construed as though they were written out in full according to
  applicable laws or regulations:  TEN
  COM – as tenants in common UNIF GIFT MIN ACT– Custodian TEN ENT  – as tenants by the entireties (Cust)
  (Minor) JT TEN  – as joint tenants with
  right of under Uniform Gifts to Minors survivorship and not as tenants Act in
  common  (State)  Additional abbreviations may also be used
  though not in the above list.  FOR
  VALUE RECEIVED, hereby sell, assign and transfer unto  PLEASE INSERT SOCIAL SECURITY OR OTHER
  IDENTIFYING NUMBER OF ASSIGNEE  
  (PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF
  ASSIGNEE)   Shares of the common stock
  represented by the within Certificate, and do hereby irrevocably constitute
  and appoint  Attorney to transfer the
  said stock on the books of the within named Corporation with full power of
  substitution in the premises.  
  Dated   X  X NOTICE: 
  THE SIGNATURE(S) TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME(S)
  AS WRITTEN UPON THE FACE OF THE CERTIFICATE IN EVERY PARTICULAR, WITHOUT
  ALTERATION OR ENLARGEMENT, OR ANY CHANGE WHATEVER.  Signature(s) Guaranted   By THE SIGNATURE(S) MUST BE GUARANTEED BY
  AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN
  ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE
  GUARANTEE MEDALLION PROGRAM), PURSUANT TO S.E.C. RULE 17Ad-15.    AMERICAN BANK NOTE COMPANY PRODUCTION
  COORDINATOR: DENISE HOPKINS 931-490-1714 711 ARMSTRONG LANE PROOF OF FEBRUARY
  26, 2008 COLUMBIA, TENNESSEE 38401 CARDIONET, INC. (931) 388-3003 TSB 29508
  BK  SALES:E. BUCKLEY    951-340-1950 Operator: R  / ETHER 7 / LIVE JOBS / C / CARDIONET 29508
  BK New   PLEASE INITIAL THE APPROPRIATE
  SELECTION FOR THIS PROOF:        OK AS
  IS         OK WITH CHANGES MAKE CHANGES
  AND SEND ANOTHER PROOF

  

 

 

The
Corporation shall furnish without charge to each stockholder who so requests a
statement of the powers, designations, preferences and relative, participating,
optional or other special rights of each class of stock of the Corporation or
series thereof and the qualifications, limitations or restrictions of such
preferences and/or rights. Such requests shall be made to the Corporation.

 

 

The
following abbreviations, when used in the inscription on the face of this
certificate, shall be construed as though they were written out in full
according to applicable laws or regulations:

 

	
  TEN COM

  	
  – as tenants in common

  	
  UNIF GIFT MIN ACT–                    
  Custodian                     

  
	
  TEN ENT 

  	
  – as tenants by the
  entireties

  	
   

  	
  (Cust)

  	
  (Minor)

  
	
  JT TEN 

  	
  – as joint tenants with right
  of

  	
   

  	
  under Uniform Gifts to Minors
  

  
	
   

  	
  survivorship and not as
  tenants

  	
   

  	
  Act                                                          

  
	
   

  	
  in
  common

  	
   

  	
   

  	
  (State) 

  
						

 

Additional abbreviations may also be used though not in the
above list.

 

FOR VALUE RECEIVED,                                                           
hereby sell, assign and transfer unto 

 

	
   

  	
  PLEASE INSERT SOCIAL
  SECURITY OR OTHER

  
	
   

  	
  IDENTIFYING NUMBER OF
  ASSIGNEE

  
	
   

  
			

 

 

	
  (PLEASE
  PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF ASSIGNEE)

  
	
   

  
	
   

  
	
   

  	
  Shares

  
	
  of the common stock
  represented by the within Certificate, and do hereby irrevocably constitute
  and appoint 

  
	
   

  
	
   

  	
  Attorney

  
	
  to transfer the said stock on
  the books of the within named Corporation with full power of substitution in the
  premises.

  
			

 

	
  Dated 

  	
   

  	
   

  

 

 

	
   

  	
  X

  	
   

  
	
   

  
	
   

  	
  X 

  	
   

  
	
   

  	
  NOTICE: 

  	
  THE SIGNATURE(S) TO THIS
  ASSIGNMENT MUST CORRESPOND WITH THE NAME(S) AS WRITTEN UPON THE FACE OF
  THE CERTIFICATE IN EVERY PARTICULAR, WITHOUT ALTERATION OR ENLARGEMENT, OR
  ANY CHANGE WHATEVER.

  
				

 

Signature(s) Guaranted

 

 

	
  By

  	
   

  	
   

  
	
  THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR
  INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT
  UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM),
  PURSUANT TO S.E.C. RULE 17Ad-15.

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