Document:

exv10w21w3

 

Exhibit 10.21.3

Grant No.: «NUM»

CAPITALSOURCE INC.

THIRD AMENDED AND RESTATED EQUITY INCENTIVE PLAN

RESTRICTED STOCK UNIT AGREEMENT

     CapitalSource Inc., a Delaware corporation (the “Company”), hereby grants restricted stock
units (“Restricted Stock Units”) for shares of its common stock (“Stock”) to the Grantee named
below, subject to the vesting and other conditions set forth below. Additional terms and
conditions of the grant are set forth in the attached Restricted Unit Agreement (the “Agreement”)
and in the Company’s Third Amended and Restated Equity Incentive Plan (as amended from time to
time, the “Plan”).

Name of Grantee: «FIRST_NAME» «MIDDLE_NAME» «LAST_NAME»

Grantee’s Social Security Number: «SSN»

Number of Restricted Stock Units: «SHARES»

Grant Date: «GRANT_DATE»

Vest Base Date: «VEST_BASE_DATE»

Vesting Schedule:

     By your signature below, you agree to all of the terms and conditions described herein, in the
attached Agreement and in the Plan, a copy of which is available on the Company’s intranet. You
acknowledge that you have carefully reviewed the Plan, and agree that the Plan will control in the
event any provision of this cover sheet or Agreement should appear to be inconsistent.

	 	 	 	 	 	 	 	 	 
	 

	 	 	 	Date:
	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	Grantee
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	Date:	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	CapitalSource Inc.
	 	 	 	 	 	 	 	 
	Title:
	 	 	 	 	 	 	 	 

Attachment

     This is not a stock certificate or a negotiable instrument.

1

 

CAPITALSOURCE INC.

THIRD AMENDED AND RESTATED EQUITY INCENTIVE PLAN

RESTRICTED STOCK UNIT AGREEMENT

	 	 	 
	Restricted Stock Units

	 	This Agreement evidences an award of
restricted stock units in the number
set forth on the cover sheet and
subject to the vesting and other
conditions set forth herein, in the
Plan and on the cover sheet (the
“Restricted Stock Units”).
	 
	 	 
	Transfer of Unvested Restricted
Stock Units

	 	Unvested Restricted Stock Units may
not be sold, assigned, transferred,
pledged, hypothecated or otherwise
encumbered, whether by operation of
law or otherwise, nor may the
Restricted Stock Units be made
subject to execution, attachment or
similar process. If you attempt to
do any of these things, the
Restricted Stock Unit will
immediately become forfeited.
	 
	 	 
	Vesting

	 	The Company will issue your
Restricted Stock Units in the name
set forth on the cover sheet.
	 
	 	 
	 

	 	Your Restricted Stock Units shall
vest in accordance with the vesting
schedule set forth on the cover
sheet so long as you continue in
Service on the vesting dates set
forth on the cover sheet.
	 
	 	 
	Delivery

	 	As your Restricted Stock Units vest,
the Company will issue the shares of
Stock to which the then vested
Restricted Stock Units relate.
Notwithstanding the preceding
sentence, if the shares of Stock
would otherwise be delivered to you
during a period in which you are:
	 

	 	(i) subject to a lock-up agreement
restricting your ability to sell
shares of Stock in the open market
or (ii) restricted from selling
shares of Stock in the open market
because you are not then eligible to
sell under the Company’s insider
trading or similar plan as then in
effect (whether because a trading
window is not open or you are
otherwise restricted from trading),
delivery of the shares of Stock will
be delayed until the first date on
which you are no longer prohibited
from selling shares of Stock due to
a lock-up agreement or insider
trading or similar plan restriction,
but in any event no later than the
later of (i) March 15 of the
calendar year following the calendar
year in which the Restricted Stock
Units vested and (ii) the last day
of the calendar year in which the
shares of Stock otherwise would have
been delivered.
	 
	 	 
	Evidence of Issuance

	 	The issuance of the Stock under the
grant of Restricted Stock Units
evidenced by this Agreement shall be
evidenced in such a manner as the
Company, in its discretion, will
deem appropriate, including, without
limitation, book-entry, registration
or issuance of one or more Stock
certificates. You will have no
further rights with regard to a
Restricted Stock Unit once the share
of Stock related to such Restricted
Stock Unit has been issued.

2

 

	 	 	 
	Forfeiture of Unvested Restricted
Stock Units

	 	Unless the termination of your
Service triggers accelerated vesting
of your Restricted Stock pursuant to
the terms of this Agreement, the
Plan, or any other written agreement
between the Company (or any
Affiliate) and you, you will
automatically forfeit to the Company
all of the unvested shares of
Restricted Stock in the event your
Service terminates for any reason.
	 
	 	 
	Forfeiture of Rights

	 	If you should take actions in
violation or breach of or in
conflict with any non-competition
agreement, any agreement prohibiting
solicitation of employees or clients
of the Company or any Affiliate
thereof or any confidentiality
obligation with respect to the
Company or any Affiliate thereof or
otherwise in competition with the
Company or any Affiliate thereof,
the Company has the right to cause
an immediate forfeiture of your
rights to this Restricted Stock Unit
and the Restricted Stock Unit shall
immediately expire.
	 
	 	 
	 

	 	In addition, if you have received
Shares in connection with Restricted
Stock Units during the two year
period prior to your actions, you
will owe the Company a cash payment
(or forfeiture of shares) in an
amount determined as follows: (1)
for any Shares that you have sold
prior to receiving notice from the
Company, the amount will be the
proceeds received from the sale(s),
and (2) for any Shares that you
still own, the amount will be the
number of Shares owned times the
Fair Market Value of the Shares on
the date you receive notice from the
Company (provided, that the Company
may require you to satisfy your
payment obligations hereunder either
by forfeiting and returning to the
Company the shares or any other
shares or making a cash payment or a
combination of these methods as
determined by the Company in its
sole discretion).
	 
	 	 
	Leaves of Absence

	 	For purposes of this Agreement, your
Service does not terminate when you
go on a bona fide employee leave of
absence that was approved by the
Company in writing if the terms of
the leave provide for continued
Service crediting, or when continued
Service crediting is required by
applicable law. Your Service
terminates in any event when the
approved leave ends unless you
immediately return to active
employee work.
	 
	 	 
	 

	 	The Company determines, in its sole
discretion, which leaves count for
this purpose, and when your Service
terminates for all purposes under
the Plan.
	 
	 	 
	Withholding Taxes

	 	You agree as a condition of this
grant that you will make acceptable
arrangements to pay any withholding
or other taxes that may be due as a
result of the vesting or receipt of
the Restricted Stock Units or the
Stock. In the event that the
Company determines that any federal,
state, local or foreign tax or
withholding payment is required
relating to the vesting of the
Restricted Stock Unit or receipt of
Stock arising from this grant, the
Company shall have the right to
require such payments

3

 

	 	 	 
	 

	 	from you, or
withhold such amounts from other
payments due to you from the Company
or any Affiliate (including
withholding the delivery of vested
shares of Stock otherwise
deliverable under this Agreement).
	 
	 	 
	Retention Rights

	 	This Agreement and the grant
evidenced hereby do not give you the
right to be retained by the Company
(or any Affiliate) in any capacity.
Unless otherwise specified in an
employment or other written
agreement between the Company (or
any Affiliate) and you, the Company
(and any Affiliate) reserve the
right to terminate your Service at
any time and for any reason.
	 
	 	 
	Stockholder Rights

	 	You, or your estate or heirs, do not
have any of the rights of a
shareholder with respect to any
unvested Restricted Stock Unit.
	 
	 	 
	 

	 	You will, however, be entitled to
receive, upon the Company’s payment
of a cash dividend on outstanding
shares of Stock, an amount of cash,
or Restricted Stock Units (as
determined by the Company from time
to time) equal to the per-share
dividend paid on the shares of
Restricted Stock Units that you hold
as of the record date for such
dividend, which shall be subject to
the same vesting, forfeiture and
other conditions as the associated
Restricted Stock Units. No
adjustments are made for dividends
or other rights if the applicable
record date occurs before your
certificate is issued (or an
appropriate book entry is made),
except as described in the Plan.
	 
	 	 
	 

	 	Your grant shall be subject to the
terms of any applicable agreement of
merger, liquidation or
reorganization in the event the
Company is subject to such corporate
activity.
	 
	 	 
	Applicable Law

	 	This Agreement will be interpreted
and enforced under the laws of the
State of Delaware, other than any
conflicts or choice of law rule or
principle that might otherwise refer
construction or interpretation of
this Agreement to the substantive
law of another jurisdiction.
	 
	 	 
	The Plan

	 	The text of the Plan is incorporated
in this Agreement by reference.

Certain capitalized terms used in
this Agreement are defined in the
Plan, and have the meaning set forth
in the Plan.
	 
	 	 
	 

	 	This Agreement, the associated cover
sheet, and the Plan constitute the
entire understanding between you and
the Company regarding this grant.
Any prior agreements, commitments or
negotiations concerning this grant
are superseded; except that any
written employment, consulting,
confidentiality, non-competition
and/or severance agreement between
you and the Company (or any
Affiliate) shall supersede this
Agreement with respect to its
subject matter.
	 
	 	 
	Data Privacy

	 	In order to administer the Plan, the
Company may process personal data
about you. Such data includes, but
is not limited to, information
provided in this Agreement or the
cover sheet hereto and any changes

4

 

	 	 	 
	 

	 	thereto, other appropriate personal
and financial data about you such as
your contact information, payroll
information and any other
information that might be deemed
appropriate by the Company to
facilitate the administration of the
Plan.
	 
	 	 
	 

	 	By accepting this grant, you give
explicit consent to the Company to
process any such personal data.
	 
	 	 
	Code Section 409A

	 	It is intended that this Award
comply with Section 409A of the Code
(“Section 409A”) or an exemption to
Section 409A. To the extent that
the Company determines that you
would be subject to the additional
20% tax imposed on certain
non-qualified deferred compensation
plans pursuant to Section 409A as a
result of any provision of this
Agreement, such provision shall be
deemed amended to the minimum extent
necessary to avoid application of
such additional tax. The nature of
any such amendment shall be
determined by the Company. For
purposes of this Award, a
termination of employment only
occurs upon an event that would be a
Separation from Service within the
meaning of Section 409A.

By signing the cover sheet of this Agreement, you agree to all of the terms and conditions
described above and in the Plan.

5exv10w22w2

 

Exhibit 10.22.2

Grant No.: «NUM»

CAPITALSOURCE INC.

THIRD AMENDED AND RESTATED EQUITY INCENTIVE PLAN

RESTRICTED STOCK UNIT AGREEMENT

FOR DIRECTORS

     CapitalSource Inc., a Delaware corporation (the “Company”), hereby grants restricted stock
units (“Restricted Stock Units”) for shares of its common stock (“Stock”) to the Grantee named
below, subject to the vesting and other conditions set forth below. Additional terms and
conditions of the grant are set forth in the attached Restricted Unit Agreement (the “Agreement”)
and in the Company’s Third Amended and Restated Equity Incentive Plan (as amended from time to
time, the “Plan”).

Name of Grantee: «FIRST_NAME» «MIDDLE_NAME» «LAST_NAME»

Grantee’s Social Security Number: «SSN»

Number of Restricted Stock Units: «SHARES»

Grant Date: «GRANT_DATE»

Vest Base Date: «VEST_BASE_DATE»

Vesting Schedule:

     By your signature below, you agree to all of the terms and conditions described herein, in the
attached Agreement and in the Plan, a copy of which is also attached. You acknowledge that you
have carefully reviewed the Plan, and agree that the Plan will control in the event any provision
of this cover sheet or Agreement should appear to be inconsistent.

	 	 	 	 	 	 	 	 	 
	 

	 	 	 	Date:
	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	Grantee
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	Date:	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	CapitalSource Inc.
	 	 	 	 	 	 	 	 
	Title:
	 	 	 	 	 	 	 	 

Attachment

     This is not a stock certificate or a negotiable instrument.

 

 

CAPITALSOURCE INC.

THIRD AMENDED AND RESTATED EQUITY INCENTIVE PLAN

RESTRICTED STOCK UNIT AGREEMENT

FOR DIRECTORS

	 	 	 
	Restricted Stock
Units

	 	This Agreement evidences an award of restricted stock units in the
number set forth on the cover sheet and subject to the vesting and
other conditions set forth herein, in the Plan and on the cover
sheet (the “Restricted Stock Units”).
	 
	 	 
	Transfer of
Unvested Restricted
Stock Units

	 	Unvested Restricted Stock Units may not be sold, assigned,
transferred, pledged, hypothecated or otherwise encumbered, whether
by operation of law or otherwise, nor may the Restricted Stock
Units be made subject to execution, attachment or similar process.
If you attempt to do any of these things, the Restricted Stock Unit
will immediately become forfeited.
	 
	 	 
	Vesting

	 	The Company will issue your Restricted Stock Units in the name set
forth on the cover sheet.
	 
	 	 
	 

	 	Your Restricted Stock Units shall vest in accordance with the
vesting schedule set forth on the cover sheet so long as you
continue in Service on the vesting dates set forth on the cover
sheet.
	 
	 	 
	Delivery

	 	Upon your termination of Service, the Company will issue the shares
of Stock to which the then vested Restricted Stock Units relate.
Notwithstanding the preceding sentence, if the shares of Stock
would otherwise be delivered to you during a period in which you
are: (i) subject to a lock-up agreement restricting your ability to
sell shares of Stock in the open market or (ii) restricted from
selling shares of Stock in the open market because you are not then
eligible to sell under the Company’s insider trading or similar
plan as then in effect (whether because a trading window is not
open or you are otherwise restricted from trading), delivery of the
shares of Stock will be delayed until the first date on which you
are no longer prohibited from selling shares of Stock due to a
lock-up agreement or insider trading or similar plan restriction,
but in any event no later than the later of (i) March 15 of the
calendar year following the calendar year in which the Restricted
Stock Units vested and (ii) the last day of the calendar year in
which the shares of Stock otherwise would have been delivered.
	 
	 	 
	Evidence of Issuance

	 	The issuance of the Stock under the grant of Restricted Stock Units
evidenced by this Agreement shall be evidenced in such a manner as
the Company, in its discretion, will deem appropriate, including,
without limitation, book-entry, registration or issuance of one or
more Stock certificates. You will have no further rights with
regard to a Restricted Stock Unit once the share of Stock related
to such Restricted Stock Unit has been issued.

 

 

	 	 	 
	Forfeiture of
Unvested Restricted
Stock Units

	 	Unless the termination of your Service triggers accelerated vesting
of your Restricted Stock Units pursuant to the terms of this
Agreement, the Plan, or any other written agreement between the
Company (or any Affiliate) and you, you will automatically forfeit
to the Company all of the unvested Restricted Stock Units in the
event your Service terminates for any reason.
	 
	 	 
	Withholding Taxes

	 	You agree as a condition of this grant that you will make
acceptable arrangements to pay any withholding or other taxes that
may be due as a result of the vesting or receipt of the Restricted
Stock Units or the Stock. In the event that the Company determines
that any federal, state, local or foreign tax or withholding
payment is required relating to the vesting of the Restricted Stock
Unit or receipt of Stock arising from this grant, the Company shall
have the right to require such payments from you, or withhold such
amounts from other payments due to you from the Company or any
Affiliate (including withholding the delivery of vested shares of
Stock otherwise deliverable under this Agreement).
	 
	 	 
	Retention Rights

	 	This Agreement and the grant evidenced hereby do not give you the
right to be retained by the Company (or any Affiliate) in any
capacity.
	 
	 	 
	Stockholder Rights

	 	You, or your estate or heirs, do not have any of the rights of a
shareholder with respect to any unvested Restricted Stock Unit.

You will, however, be entitled to receive, upon the Company’s
payment of a cash dividend on outstanding shares of Stock, an
amount of cash, or Restricted Stock Units (as determined by the
Company from time to time) equal to the per-share dividend paid on
the shares of Restricted Stock Units that you hold as of the record
date for such dividend, which shall be subject to the same vesting,
forfeiture and other conditions as the associated Restricted Stock
Units. No adjustments are made for dividends or other rights if
the applicable record date occurs before your certificate is issued
(or an appropriate book entry is made), except as described in the
Plan.
	 
	 	 
	 

	 	Your grant shall be subject to the terms of any applicable
agreement of merger, liquidation or reorganization in the event the
Company is subject to such corporate activity.
	 
	 	 
	Applicable Law

	 	This Agreement will be interpreted and enforced under the laws of
the State of Delaware, other than any conflicts or choice of law
rule or principle that might otherwise refer construction or
interpretation of this Agreement to the substantive law of another
jurisdiction.
	 
	 	 
	The Plan/Deferred

	 	The text of the Plan is incorporated in this Agreement by reference.

 

 

	 	 	 
	Compensation Plan

	 	Certain capitalized terms used in this Agreement are defined in the
Plan, and have the meaning set forth in the Plan. 

Your Restricted Stock Units and this Agreement are also subject to
the terms of the CapitalSource Inc. Amended and Restated Deferred
Compensation Plan (as amended from time to time, the “Deferred
Compensation Plan”).
	 
	 	 
	 

	 	This Agreement, the associated cover sheet, the Deferred
Compensation Plan and the Plan constitute the entire understanding
between you and the Company regarding this grant. Any prior
agreements, commitments or negotiations concerning this grant are
superseded; except that any written employment, consulting,
confidentiality, non-competition and/or severance agreement between
you and the Company (or any Affiliate) shall supersede this
Agreement with respect to its subject matter.
	 
	 	 
	Data Privacy

	 	In order to administer the Plan, the Company may process personal
data about you. Such data includes, but is not limited to,
information provided in this Agreement or the cover sheet hereto
and any changes thereto, other appropriate personal and financial
data about you such as your contact information, payroll
information and any other information that might be deemed
appropriate by the Company to facilitate the administration of the
Plan.
	 
	 	 
	 

	 	By accepting this grant, you give explicit consent to the Company
to process any such personal data.
	 
	 	 
	Code Section 409A

	 	It is intended that this Award comply with Section 409A of the Code
(“Section 409A”) or an exemption to Section 409A. To the extent
that the Company determines that you would be subject to the
additional 20% tax imposed on certain non-qualified deferred
compensation plans pursuant to Section 409A as a result of any
provision of this Agreement, such provision shall be deemed amended
to the minimum extent necessary to avoid application of such
additional tax. The nature of any such amendment shall be
determined by the Company. For purposes of this Award, a
termination of Service only occurs upon an event that would be a
Separation from Service within the meaning of Section 409A.

By signing the cover sheet of this Agreement, you agree to all of the terms and conditions
described above, in the Plan and the Deferred Compensation Plan.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00137-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00137-of-00352.parquet"}]]