Document:

Exhibit 10.7

 Exhibit 10.7 
 STOCK APPRECIATION RIGHT AGREEMENT 
 MARRIOTT INTERNATIONAL, INC. 
 STOCK AND CASH INCENTIVE PLAN 
 THIS
AGREEMENT is made on <GRANT DATE> (the “Award Date”) by MARRIOTT INTERNATIONAL, INC. (the “Company”) and <NAME> (“Employee”). 
 WITNESSETH: 
 WHEREAS, the Company maintains
the Marriott International, Inc. Stock and Cash Incentive Plan, as amended (the “Plan”); and 
 WHEREAS, the Company wishes to
award to designated employees certain stock appreciation right awards (“SARs” or “Awards”) as provided in Article 6 of the Plan; and 
 WHEREAS, Employee has been approved by the Compensation Policy Committee (the “Committee”) of the Company’s Board of Directors (the “Board”) to receive an award of SARs under the Plan;

 NOW, THEREFORE, it is agreed as follows: 
 1. Prospectus. Employee has been provided with, and hereby acknowledges receipt of, a Prospectus for the Plan dated <<DATE>>, which contains, among other things, a detailed description of the
SAR provisions of the Plan. 
 2. Interpretation. The provisions of the Plan are incorporated by reference and form an integral part
of this Agreement. Except as otherwise set forth herein, capitalized terms used herein shall have the meanings given to them in the Plan. In the event of any inconsistency between this Agreement and the Plan, the terms of the Plan shall govern. A
copy of the Plan is available from the Compensation Department of the Company upon request. All decisions and interpretations made by the Committee or its delegate with regard to any question arising hereunder or under the Plan shall be binding and
conclusive. 
 3. Grant of SARs. The Company hereby grants to Employee as of the Grant Date SARs on «Grant» shares
of the Company’s Common Stock (the “SAR Shares”), subject to the terms and conditions of the Plan, Employee’s acceptance of this Agreement and satisfaction of the tax provisions of the Company’s International Assignment
Policy (“IAP”), if applicable. Under this Agreement, upon satisfying the conditions for exercising SARs as set forth in paragraphs 5 and 6 below, Employee shall receive a number of shares of Common Stock of the Company equal to the number
of SAR shares that are being exercised under such SARs multiplied by the quotient of (a) the Final Value minus the Base Value, divided by (b) the Final Value. 
 4. Base Value and Final Value. Subject to Paragraph 12 hereof, the Base Value per share of the SAR Shares is <<Base Value >> and the Final Value is the Fair Market Value of a Share of Common
Stock of the Company as of the date the SARs are exercised. 
 5. Waiting Period and Exercise Dates. The SAR Shares may not be
exercised during the one-year period following the Grant Date (the “waiting period”). Following the waiting period, the SAR Shares may be exercised in accordance with the following schedule: 25% of the SAR Shares commencing on each of the
first, second, third and fourth one-year anniversaries of the Grant Date. To the extent that the SARs are not exercised by Employee when they become initially exercisable, the SARs shall not expire but shall be carried forward and shall be
exercisable at any time thereafter; provided, however, that the SARs shall not be exercisable after the expiration of ten (10) years from the Grant Date or sooner as set forth in paragraph 9, if applicable. Exercise of the SARs shall not be
dependent upon the prior or sequential exercise of any other SARs heretofore granted to Employee by the Company. Except as provided in Article 6 of the Plan and Paragraph 9 below, the SARs may not be exercised at any time unless Employee shall then
be an employee of the Company. 
 6. Method of Exercising SARs. To exercise the SARs, the person entitled to exercise the SARs must
provide a signed written notice or the equivalent to the Company or its designee, as prescribed in the administrative procedures of the Plan, stating the number of SAR Shares with respect to which the SARs are being exercised. The 

  

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SARs may be exercised by (a) making provision for the satisfaction of the applicable withholding taxes, and (b) an undertaking to furnish and
execute such documents as the Company deems necessary (i) to evidence such exercise, and (ii) to determine whether registration is then required to comply with the Securities Act of 1933 or any other law. Upon satisfying the conditions for
exercise including the provision for the satisfaction of the withholding taxes, the Company shall provide confirmation from the Plan record keeper that the transfer agent for the common stock of the Company is holding shares for the account of such
person in a certificateless account. The exercise of the SARs may be made by any other means that the Committee determines to be consistent with the Plan’s purpose and applicable law. 
 7. Rights as a Shareholder. Employee shall have no rights as a shareholder with respect to any SAR Shares covered by the SARs granted hereby until
the date of acquisition by Employee of such SAR Shares. No adjustment shall be made for dividends or other rights for which the record date is prior to such date. 
 8. Non-Assignability. The SARs shall not be assignable or transferable by Employee except by will or by the laws of descent and distribution. During Employee’s lifetime, the SARs may be exercised only by
Employee or, in the event of incompetence, by Employee’s legally appointed guardian. 
 9. Effect of Termination of Employment or
Death. If Employee goes on leave of absence for a period of greater than twelve months (except a leave of absence approved by the Board of Directors or the Committee) or ceases to be an employee of the Company for any reason except death, the
portion of the SARs which is unexercisable on the date on which Employee ceased to be an Employee or has been on a leave of absence for over twelve months (except a leave of absence approved by the Board or Committee) shall expire on such date and
any unexercised portion of the SARs which was otherwise exercisable on such date shall expire at the earlier of (i) the expiration of the SARs in accordance with the term for which the SARs were granted, or (ii) three months from such
date, except in the case of an Employee who is an “Approved Retiree” as defined below. If Employee is an Approved Retiree, then the SARs shall expire at the sooner to occur of (i) the expiration of such SARs in accordance with their
original term, (ii) the expiration of five years from the date of retirement, or (iii) with respect to SARs granted less than one year before the date the Approved Retiree retires, such retirement date, except not with respect to that
portion of the SARs equal to the number of such shares multiplied by the ratio of (a) the number of days between the Grant Date and the retirement date inclusive, over (b) the number of days in the twelve (12) month period following
the Grant Date. In the event of the death of Employee without Approved Retiree status during the three (3) month period following termination of employment or a leave of absence over twelve (12) months (except a leave of absence approved
by the Board or Committee), the SARs shall be exercisable by Employee’s personal representative, heirs or legatees to the same extent and during the same period that Employee could have exercised the SAR if Employee had not died. In the event
of the death of Employee while an employee of the Company or while an Approved Retiree, the SAR (if the waiting period has elapsed) shall be exercisable in its entirety by Employee’s personal representatives, heirs or legatees at any time prior
to the expiration of one year from the date of the death of Employee, but in no event after the term for which the SAR was granted. For purposes of this Agreement, an “Approved Retiree” is any SAR holder who (i) terminates employment
by reason of a Disability, or (ii) (A) retires from employment with the Company with the specific approval of the Committee on or after such date on which the SAR holder has attained age 55 and completed 10 Years of Service, and
(B) has entered into and has not breached an agreement to refrain from Engaging in Competition in form and substance satisfactory to the Committee; and if the Committee subsequently determines, in its sole discretion, that an Approved Retiree
has violated the provisions of the Agreement to refrain from Engaging in Competition, or has engaged in willful acts or omissions or acts or omissions of gross negligence that are or potentially are injurious to the Company’s operations,
financial condition or business reputation, such Approved Retiree shall have ninety (90) days from the date of such finding within which to exercise any SARs or portions thereof which are exercisable on such date, and any SARs or portions
thereof which are not exercised within such ninety (90) day period shall expire and any SARs or portion thereof which are not exercisable on such date shall be cancelled on such date. 
 10. Consent. By executing this Agreement, Employee consents to the collection, maintenance and processing of Employee’s personal information
(such as Employee’s name, home address, home telephone number and email address, social security number, assets and income information, birth date, hire date, termination date, other employment information, citizenship, marital status) by the
Company and the Company’s service providers for the purposes of (i) administering the Plan (including ensuring that the conditions of transfer are satisfied from the 

  

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Award Date through the Exercise Date), (ii) providing Employee with services in connection with Employee’s participation in the Plan,
(iii) meeting legal and regulatory requirements and (iv) for any other purpose to which Employee may consent (“Permitted Purposes”). Employee’s personal information will not be processed for longer than is necessary for such
Permitted Purposes. Employee’s personal information is collected from the following sources: 
  

	 	(a)	from this Agreement, investor questionnaires or other forms that Employee submits to the Company or contracts that Employee enters into with the Company; 

 

	 	(b)	from Employee’s transactions with the Company, the Company’s affiliates and service providers; 

  

	 	(c)	from Employee’s employment records with the Company; and 

  

	 	(d)	from meetings, telephone conversations and other communications with Employee. 

 In addition, Employee further consents to the Company disclosing Employee’s personal information to the Company’s third party service providers and affiliates and other entities in connection with the
services the Company provides related to Employee’s participation in the Plan, including: 
  

	 	(a)	financial service providers, such as broker-dealers, custodians, banks and others used to finance or facilitate transactions by, or operations of, the Plan;

  

	 	(b)	other service providers to the Plan, such as accounting, legal, or tax preparation services; 

  

	 	(c)	regulatory authorities; and 

  

	 	(d)	transfer agents, portfolio companies, brokerage firms and the like, in connection with distributions to Plan participants. 

 Where Employee’s personal information is provided to such third parties the Company requires (to the extent permitted by applicable law) that such
parties, agree to process Employee’s personal information in accordance with the Company’s instructions. 
 Employee’s
personal information is maintained on the Company’s networks and the networks of the Company’s service providers, which may be in the United States or other countries other than the country in which this Award was granted. Employee
acknowledges and agrees that the transfer of Employee’s personal information to the United States or other countries other than the country in which this Award was granted is necessary for the Permitted Purposes. To the extent (if any) that the
provisions of the European Union’s Data Protection Directive (Directive 95/46/EC of the European Parliament and of the Council) and/or applicable national legislation derived from such Directive apply, then by executing this Agreement Employee
expressly consents to the transfer of Employee’s personal information outside of the European Economic Area. Employee may access Employee’s personal information to verify its accuracy, update Employee’s personal information and/or
request a copy of Employee’s personal information by contacting Employee’s local Human Resources representative. Employee may obtain account transaction information online or by contacting the Plan record keeper as described in the Plan
enrollment materials. By accepting the terms of this Agreement, Employee further agrees to the same terms with respect to other Awards Employee received in any prior year under the Plan. 
 11. No Additional Rights. Benefits under this Plan are not guaranteed. The grant of Awards is a one-time benefit and does not create any
contractual or other right or claim to any future grants of Awards under the Plan, nor does a grant of Awards guarantee future participation in the Plan. The value of Employee’s Awards is an extraordinary item outside the scope of
Employee’s employment contract, if any. Employee’s Awards are not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end-of-service payments, bonuses, long-term service awards,
pension or retirement benefits (except as otherwise provided by the terms of any U.S.-qualified retirement or pension plan maintained by the Company or any of its subsidiaries), or similar payments. By accepting the terms of this Agreement, Employee
further agrees to these same terms and conditions with respect to any other Awards Employee received in any prior year under the Plan. 
  

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 12. Recapitalization or Reorganization. Certain events affecting the Common Stock of the Company
and mergers, consolidations and reorganizations affecting the Company may affect the number or type of securities deliverable upon exercise of the SAR or limit the remaining term over which the SAR may be exercised. 
 13. General Restriction. In accordance with the terms of the Plan, the Company may limit or suspend the exercisability of the SARs or the purchase
or issuance of SAR Shares thereunder under certain circumstances. Any delay caused thereby shall in no way affect the date of termination of the SARs. 
 14. Amendment of This Agreement. The Board of Directors may at any time amend, suspend or terminate the Plan; provided, however, that no amendment, suspension or termination of the Plan or the SARs shall
adversely affect in any material way the SARs without the written consent of Employee. 
 15. Notices. Notices hereunder shall be in
writing, and if to the Company, may be delivered personally to the Compensation Department or such other party as designated by the Company or mailed to its principal office at 10400 Fernwood Road, Bethesda, Maryland 20817, addressed to the
attention of the SAR Administrator (Department 935.40), and if to Employee, may be delivered personally or mailed to Employee at his or her address on the records of the Company. 
 16. Successors and Assigns. This Agreement shall bind and inure to the benefit of the parties hereto and the successors and assigns of the Company
and, to the extent provided in Paragraph 9 above and the provisions of the Plan, to the personal representatives, legatees and heirs of Employee. 
 17. No Effect on Employment. Nothing contained in this Agreement shall be construed to limit or restrict the right of the Company to terminate Employee’s employment at any time, with or without cause, or to increase or decrease
Employee’s compensation from the rate of compensation in existence at the time this Agreement is executed. 
 IN WITNESS WHEREOF,
the parties hereto have executed this Agreement to be effective as of the Grant Date. 
  

							
	MARRIOTT INTERNATIONAL, INC.	 		 	EMPLOYEE
			
		 		 	  

		 		 		 	Employee Name (Please Print)
				
	By:	 	  
	 		 	  

		 	Executive Vice President, Global Human Resources	 		 	Employee Social Security Number (Please Print)
				
		 		 		 	  

		 		 		 	Employee Signature

  

 - 4 -Exhibit 10.8

 Exhibit 10.8 
 STOCK APPRECIATION RIGHT AGREEMENT (FOR NON-EMPLOYEE DIRECTORS) 
 MARRIOTT INTERNATIONAL, INC. 

 STOCK AND CASH INCENTIVE PLAN 
 THIS AGREEMENT is made on <GRANT DATE> (the “Grant Date”) by MARRIOTT INTERNATIONAL, INC. (the “Company”) and <NAME> (“Director”). 
 WITNESSETH: 
 WHEREAS, the Company maintains
the Marriott International, Inc. Stock and Cash Incentive Plan, as amended (the “Plan”); and 
 WHEREAS, the Company wishes to
award to designated directors certain stock appreciation right awards as provided in Article 12 of the Plan; and 
 WHEREAS, Director has
been approved by the Compensation Policy Committee (the “Committee”) of the Company’s Board of Directors (the “Board”) to receive an award of “Stock Appreciation Rights” under the Plan; 
 NOW, THEREFORE, it is agreed as follows: 
 1. Prospectus. Director has been provided with, and hereby acknowledges receipt of, a Prospectus for the Plan dated <<DATE>>, which contains, among other things, a detailed description of the stock appreciation
right award provisions of the Plan. 
 2. Interpretation. The provisions of the Plan are incorporated by reference and form an
integral part of this Agreement. Except as otherwise set forth herein, capitalized terms used herein shall have the meanings given to them in the Plan. In the event of any inconsistency between this Agreement and the Plan, the terms of the Plan
shall govern. A copy of the Plan is available from the Compensation Department of the Company upon request. All decisions and interpretations made by the Committee or its delegate with regard to any question arising hereunder or under the Plan shall
be binding and conclusive. 
 3. Grant of SARs. The Company hereby grants to Director as of the Grant Date stock appreciation rights
(the “SARs”) on <<Grant Date>> shares of the Company’s Common Stock (the “SAR Shares”), subject to the terms and conditions of the Plan and Director’s acceptance of this Agreement. Under this
Agreement, upon satisfying the conditions for exercising SARs as set forth in paragraphs 5 and 6 below, Director shall receive a number of shares of Common Stock of the Company equal to the number of SAR shares that are being exercised under such
SARs multiplied by the quotient of (a) the Final Value minus the Base Value, divided by (b) the Final Value. 
 4. Base Value
and Final Value. Subject to Paragraph 12 hereof, the Base Value per share of the SAR Shares is <<Base Value>> and the Final Value is the Fair Market Value of a Share of Common Stock of the Company as of the date the SARs are
exercised. 
 5. Waiting Period and Exercise Dates. The SAR Shares may not be exercised during the one-year period following the Grant
Date (the “waiting period”). Following the waiting period, all or a portion of the SAR Shares may be exercised. To the extent that the SARs are not exercised by Director when they become initially exercisable, the SARs shall not expire but
shall be carried forward and shall be exercisable at any time thereafter; provided, however, that the SARs shall not be exercisable after the expiration of ten (10) years from the Grant Date or sooner as set forth in paragraph 9, if applicable.
Exercise of the SARs shall not be dependent upon the prior or sequential exercise of any other SARs heretofore granted to Director by the Company. Except as provided in Article 6 of the Plan and Paragraph 9 below, the SARs may not be exercised at
any time unless Director shall then be a Director of the Company. 
 6. Method of Exercising SAR. To exercise the SARs, the person
entitled to exercise the SARs must provide a signed written notice or the equivalent to the Company or its designee, as prescribed in the administrative procedures of the Plan, stating the number of SAR Shares with respect to which the SARs are
being exercised. The SARs may be exercised by undertaking to furnish and execute such documents as the Company deems necessary (i) to evidence such exercise, and (ii) to determine whether registration is then required to comply with the
Securities Act of 1933 or any other law. Upon satisfying the conditions for exercise, the Company shall, provide confirmation from the Plan record keeper that the transfer agent for the common stock of the Company is holding shares for the account
of such person in a certificateless account. Pursuant to procedures, if any, that may be adopted by the Committee or its delegate, the exercise of the SARs may be by any other means that the Committee determines to be consistent with the Plan’s
purpose and applicable law. 
  

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 7. Rights as a Shareholder. Director shall have no rights as a shareholder with respect to any SAR
Shares covered by the SARs granted hereby until the date of acquisition by Director of such SAR Shares. No adjustment shall be made for dividends or other rights for which the record date is prior to such date. 
 8. Non-Assignability. The SARs shall not be assignable or transferable by Director except by will or by the laws of descent and distribution.
During Director’s lifetime, the SARs may be exercised only by Director or, in the event of incompetence, by Director’s legally appointed guardian. 
 9. Effect of Termination of Status as Director. If Director ceases to be a Director of the Company for any reason except death, the SARs will continue to be exercisable until the expiration of such SARs in
accordance with its original term. In the event of the death of Director, the SARs shall be exercisable by Director’s personal representative, heirs or legatees at any time prior to the expiration of one year from the date of the death of
Director, but in no event after the term for which the SARs were granted. 
 10. Consent. By executing this Agreement, Director
consents to the collection, maintenance and processing of Director’s personal information (such as Director’s name, home address, home telephone number and email address, social security number, assets and income information, birth date,
date of commencement and termination as a Director, citizenship, marital status) by the Company and the Company’s service providers for the purposes of (i) administering the Plan (including ensuring that the conditions of transfer are
satisfied from the Award Date through the Exercise Date), (ii) providing Director with services in connection with Director’s participation in the Plan, (iii) meeting legal and regulatory requirements and (iv) for any other
purpose to which Director may consent (“Permitted Purposes”). Director’s personal information will not be processed for longer than is necessary for such Permitted Purposes. Director’s personal information is collected from the
following sources: 
  

	 	a.	from this Agreement, investor questionnaires or other forms that Director submits to the Company or contracts that Director enters into with the Company; 

 

	 	b.	from Director’s transactions with the Company, the Company’s affiliates and service providers; 

  

	 	c.	from Director’s service records with the Company; and 

  

	 	d.	from meetings, telephone conversations and other communications with Director. 

 In addition, Director further consents to the Company disclosing Director’s personal information to the Company’s third party service providers and affiliates and other entities in connection with the services the Company provides
related to Director’s participation in the Plan, including: 
  

	 	a.	financial service providers, such as broker-dealers, custodians, banks and others used to finance or facilitate transactions by, or operations of, the Plan;

  

	 	b.	other service providers to the Plan, such as accounting, legal, or tax preparation services; 

  

	 	c.	regulatory authorities; and 

  

	 	d.	transfer agents, portfolio companies, brokerage firms and the like, in connection with distributions to Plan participants. 

 Where Director’s personal information is provided to such third parties, the Company requires (to the extent permitted by applicable law) that such
parties agree to process Director’s personal information in accordance with the Company’s instructions. 
 Director’s personal
information is maintained on the Company’s networks and the networks of the Company’s service providers, which may be in the United States or other countries other than the country in which this Award was granted. Director acknowledges and
agrees that the transfer of Director’s personal information to the United States or other countries other than the country in which this Award was granted is necessary for the Permitted Purposes. To the extent (if any) that the provisions of
the European Union’s Data Protection Directive (Directive 95/46/EC of the European Parliament and of the Council) and/or applicable national legislation derived from such Directive apply, then by executing this Agreement Director’
expressly consents to the transfer of Director’s personal information outside of the European Economic Area. Director may access Director’s personal information to verify its accuracy, update Director’s personal information and/or by
request a copy of Director’s personal information by contacting the Senior Vice President, Compensation and Benefits. Director may obtain account transaction information online or by contacting the Plan record keeper as described in the Plan
enrollment materials. 
 11. No Additional Rights. Benefits under this Plan are not guaranteed. The grant of Awards is a one-time
benefit and does not create any contractual or other right or claim to any future grants of Awards under the Plan, nor does a grant of Awards guarantee future participation in the Plan. 
  

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 12. General Restriction. In accordance with the terms of the Plan, the Company may limit or
suspend the exercisability of the SARs or the purchase or issuance of SAR Shares thereunder under certain circumstances. Any delay caused thereby shall in no way affect the date of termination of the SARs. 
 13. Amendment of This Agreement. The Board of Directors may at any time amend, suspend or terminate the Plan; provided, however, that no
amendment, suspension or termination of the Plan or the SARs shall adversely affect in any material way the SARs without the written consent of Director. 
 14. Notices. Notices hereunder shall be in writing, and if to the Company, may be delivered personally to the Compensation Department or such other party as designated by the Company or mailed to its principal
office at 10400 Fernwood Road, Bethesda, Maryland 20817, addressed to the attention of the SARs Administrator (Department 935.40), and if to Director, may be delivered personally or mailed to Director at his or her address on the records of the
Company. 
 15. Successors and Assigns. This Agreement shall bind and inure to the benefit of the parties hereto and the successors
and assigns of the Company and, to the extent provided in Paragraph 9 above and the provisions of the Plan, to the personal representatives, legatees and heirs of Director. 
 IN WITNESS WHEREOF, the parties hereto have executed this Agreement to be effective as of the Grant Date. 
  

							
	MARRIOTT INTERNATIONAL, INC.	 		 	DIRECTOR
				
	By:	 	  
	 		 	  

		 	Executive Vice President, Global Human Resources	 		 	Director Signature

  

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