Document:

Form of Restricted Stock Award Agreement

 Exhibit 10(iii)A(6) 
  
 [For U.S. Participants with Severance Agreements] 
  
 ACUITY BRANDS, INC. 
 LONG-TERM INCENTIVE PLAN 
  
 RESTRICTED STOCK AWARD AGREEMENT 
  
 THIS
AGREEMENT, made and entered into as of «Grant_Date» by and between Acuity Brands, Inc., a Delaware Corporation, (the “Company”) and «First_Name» «Middle» «Last_Name» (“Grantee”).

  
 W • I • T • N • E • S • S
• E • T • H    T • H • A • T: 
  
 WHEREAS, the Company maintains the Acuity Brands, Inc. Long-Term Incentive Plan (the “Plan”), and Grantee has been selected by the Committee to receive a Restricted Stock Award under the Plan; 
  
 WHEREAS, the Company and Grantee have determined that Grantee shall enter
into certain non-competition, non-solicitation and non-recruitment covenants, attached hereto as Exhibits A, B and C respectively, in consideration for receipt of the Restricted Stock award pursuant hereto, receipt of any such awards that Grantee
may receive in the future, continued employment, and other good and valuable consideration, and ; 
  
 NOW, THEREFORE, IT IS AGREED, by and between the Company and Grantee, as follows: 
  
 1. Awards of Restricted Stock 
  
 1.1 The Company hereby grants to Grantee an award of «Shrs_Granted_» Shares of restricted stock
(“Restricted Stock”), subject to, and in accordance with, the restrictions, terms, and conditions set forth in this Agreement. The grant date of this award of Restricted Stock is «Grant_Date» (the “Grant Date”).

  
 1.2 This Agreement (including any appendices) shall be
construed in accordance with, and subject to, the provisions of the Plan (the provisions of which are incorporated herein by reference) and, except as otherwise expressly set forth herein, the capitalized terms used in this Agreement shall have the
same definitions as set forth in the Plan. 
  
 2. Restrictions

  
 2.1 Subject to Sections 2.3, 2.5, 2.6 and 2.7 below, if
the Grantee remains employed by the Company, the Restricted Stock shall vest as follows: 
  

			
	 Number of Shares

	 	 Vesting Date

	 «Shrs_Vest_1»
	 	«Date_Vest_1»
	 «Shrs_Vest_2»
	 	«Date_Vest_2»
	 «Shrs_Vest_2»
	 	«Date_Vest_2»
	 «Shrs_Vest_2»
	 	«Date_Vest_2»

  

 2.2 Except as otherwise provided below, on each Vesting Date, Grantee shall own the Vested Shares of
Restricted Stock free and clear of all restrictions imposed by this Agreement (except those imposed by Section 3.4 below). The Company shall transfer the Vested Shares of Restricted Stock to an unrestricted account in the name of the Grantee as soon
as practical after each Vesting Date. For purposes of this Agreement, employment with a Subsidiary of the Company or service as a member of the Board of Directors of the Company shall be considered employment with the Company. 
  
 2.3 In the event, prior to the Vesting Date, (i) Grantee dies while actively
employed by the Company, or (ii) Grantee has his employment terminated by reason of Disability, any Restricted Stock shall become fully vested and nonforfeitable as of the date of Grantee’s death or Disability. The Company shall transfer the
Shares of Restricted Stock, free and clear of any restrictions imposed by this Agreement (except for Section 3.4) to Grantee (or, in the event of death, his surviving spouse or, if none, to his estate) as soon as practical after his date of death or
termination for Disability. 
  
 2.4 In exchange for receipt of
consideration in the form of the Restricted Stock award pursuant to this Agreement, the prospect of receiving such awards in the future, continued employment, and other good and valuable consideration, Grantee agrees that, in the event he elects to
terminate his employment with the Company on a voluntary basis (“Voluntary Termination”), for twelve (12) months following the date of such Voluntary Termination (the “Restricted Period”), Grantee shall comply with the
non-competition, non-recruitment, and non-disclosure restrictions attached hereto as Exhibits A, B and C, respectively (the “Restrictive Covenants”). The parties hereto recognize that Grantee may experience periodic material changes in his
job title and/or to the principal duties, responsibilities or services that he is called upon to perform on the behalf of the Company. If Grantee experiences such a material job change, the parties shall, as soon as is practicable, enter into a
signed, written addendum to Exhibit A hereto reflecting such material change. Moreover, in the event of any material change in corporate organization on the part of the Direct Competitors set forth in Exhibit A hereto, the parties agree to amend
Exhibit A, as necessary, at the Company’s request, in order to reflect such change. Upon execution, any such written modification to Exhibit A shall represent an enforceable amendment to this Agreement and shall augment and supplant the
definitions of the terms Executive Services or Direct Competitor set forth in Exhibit A hereto, as applicable. 
  

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 2.5 If Grantee retires from the Company on or after attaining (i) age 65, or (ii) age 55 with 10 years of
service, the vesting of the Restricted Stock shall continue as if Grantee were an active employee, unless within two (2) years of his date of termination Grantee violates the Restrictive Covenants, at which time all unvested Shares of Restricted
Stock shall immediately be forfeited. If Grantee dies after retiring under this Section 2.5, but prior to the Vesting Date for any Shares of Restricted Stock, such Shares shall become fully vested and nonforfeitable as of the date of Grantee’s
death. 
  
 2.6 Except for death or Disability as provided in
Section 2.3 or retirement as provided in Section 2.5, or except as otherwise provided in a severance agreement with Grantee, if Grantee terminates his employment or if the Company terminates Grantee prior to the Vesting Date, the Restricted Stock
shall cease to vest further, the unvested Shares of Restricted Stock shall be immediately forfeited, and Grantee shall only be entitled to the Restricted Stock that has vested as of his date of termination. 
  
 2.7 Notwithstanding the other provisions of this Agreement, in the event of a
Change in Control prior to Grantee’s Vesting Date, all Shares of Restricted Stock shall become fully vested and nonforfeitable as of the date of the Change in Control. Not later than the first business day following the date of the Change in
Control, the Company shall deliver to Grantee a cash payment representing the Fair Market Value of the Shares of Restricted Stock as of the date of the Change in Control. 
  
 2.8 The Restricted Stock may not be sold, assigned, transferred, pledged, or otherwise encumbered prior to the date Grantee
becomes vested in the Restricted Stock. 
  
 3. Stock;
Dividends; Voting 
  
 3.1 The Restricted Stock shall be
registered on the Company’s books in the name of Grantee as of the respective Grant Date for such Shares of Restricted Stock. The Company may issue stock certificates or evidence Grantee’s interest by using a book entry account. Physical
possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Shares are vested in accordance with Section 2. The Company reserves the right to place a legend on such stock certificate(s)
restricting the transferability of such certificates and referring to the terms and conditions (including forfeiture) of this Agreement and the Plan. 
  
 3.2 During the period the Restricted Stock is not vested, the Grantee shall be entitled to receive dividends or similar distributions declared on such
Restricted Stock and Grantee shall be entitled to vote such Restricted Stock. 
  
 3.3 In the event of a Change in Capitalization, the number and class of Shares or other securities that Grantee shall be entitled to, and shall hold, pursuant to this Agreement shall be appropriately adjusted or
changed to reflect the Change in Capitalization, provided that any such additional Shares or additional or different shares or securities shall remain subject to the restrictions in this Agreement. 
  

 – 3 – 

 3.4 Grantee represents and warrants that he is acquiring the Restricted Stock for investment purposes
only, and not with a view to distribution thereof. Grantee is aware that the Restricted Stock may not be registered under the federal or any state securities laws and that in that event, in addition to the other restrictions on the Shares, they will
not be able to be transferred unless an exemption from registration is available or the Shares are registered. By making this award of Restricted Stock, the Company is not undertaking any obligation to register the Restricted Stock under any federal
or state securities laws. 
  
 4. No Right to Continued
Employment 
  
 Nothing in this Agreement or the Plan shall be
interpreted or construed to confer upon Grantee any right with respect to continuance of employment by the Company or a subsidiary, nor shall this Agreement or the Plan interfere in any way with the right of the Company or a Subsidiary to terminate
Grantee’s employment at any time. 
  
 5. Taxes and
Withholding 
  
 Grantee shall be responsible for all federal,
state, and local income taxes payable with respect to this award of Restricted Stock and dividends paid on unvested Restricted Stock. Grantee shall have the right to make such elections under the Internal Revenue Code of 1986, as amended, as are
available in connection with this award of Restricted Stock. The Company and Grantee agree to report the value of the Restricted Stock in a consistent manner for federal income tax purposes. The Company shall have the right to retain and withhold
from any payment of Restricted Stock or cash the amount of taxes required by any government to be withheld or otherwise deducted and paid with respect to such payment. At its discretion, the Company may require Grantee to reimburse the Company for
any such taxes required to be withheld and may withhold any distribution in whole or in part until the Company is so reimbursed. In lieu thereof, the Company shall have the right to withhold from any other cash amounts due to Grantee an amount equal
to such taxes required to be withheld or withhold and cancel (in whole or in part) a number of shares of Restricted Stock having a market value not less than the amount of such taxes. 
  
 6. Grantee Bound by the Plan 
  
 Grantee hereby acknowledges receipt of a copy of the Plan and the prospectus for the Plan, and agrees to be bound by all the
terms and provisions thereof. 
  
 7. Modification of Agreement

  
 This Agreement may be modified, amended, suspended, or
terminated, and any terms or conditions may be waived, but only by a written instrument executed by the parties hereto. 
  

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 8. Severability 
  
 Should any provision of this Agreement be held by a court of competent jurisdiction to be unenforceable or invalid for any
reason, the remaining provisions of this Agreement shall not be affected by such holding and shall continue in full force in accordance with their terms. 
  
 9. Governing Law 
  
 The validity, interpretation, construction, and performance of this Agreement shall be governed by the laws of the state of Delaware without giving effect
to the conflicts of laws principles thereof. 
  
 10. Successors
in Interest 
  
 This Agreement shall inure to the
benefit of, and be binding upon, the Company and its successors and assigns, whether by merger, consolidation, reorganization, sale of assets, or otherwise. This Agreement shall inure to the benefit of Grantee’s legal representatives. All
obligations imposed upon Grantee and all rights granted to the Company under this Agreement shall be final, binding, and conclusive upon Grantee’s heirs, executors, administrators, and successors. 
  
 11. Resolution of Disputes 
  
 Any dispute or disagreement which may arise under, or as a result of, or in
any way relate to the interpretation, construction, or application of this Agreement shall be determined by the Committee. Any determination made hereunder shall be final, binding, and conclusive on Grantee and the Company for all purposes.

  
 12. Pronouns; Including 
  
 Wherever appropriate in this Agreement, personal pronouns shall be deemed to
include the other genders and the singular to include the plural. Wherever used in this Agreement, the term “including” means “including, without limitation.” 
  

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 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.

  

					
	ATTEST:	 	ACUITY BRANDS, INC.
			
	
	 	By:	 	

	Helen D. Haines, Secretary	 	 	 	Vernon J. Nagel
	 	 	 	 	Chairman and Chief Executive Officer
		
	 	 	GRANTEE:
	 	 	  

	 	 	«First_Name» «Middle» «Last_Name»

  

 – 6 –Long-Term Incentive Plan

 Exhibit 10(iii)A(7) 
  
 Acuity Brands, Inc. 
 Long-Term Incentive Plan 
 Fiscal Year 2005 Plan Rules for Executive Officers 
  
 During the first quarter of fiscal year 2005, the Compensation Committee of the Board of
Directors of Acuity Brands, Inc. adopted plan rules for potential restricted stock awards to be earned by executive officers for performance during fiscal year 2005 under the Corporation’s Long-Term Incentive Plan. The plan rules for each
executive officer consist of a target award value, stated as a percentage of gross salary, subject to the application of negative discretion by the Committee. The target award is based on achievement of specified financial performance measures, and
the actual award earned increases or decreases in relationship to the level of achievement of the financial performance measures, with no award earned (other than possible discretionary awards) if financial performance is below a specified threshold
level. 
  
 The performance measures consist of specified targets for: 

 

	 	•	Diluted Earnings per Share for the Corporation; and 

  

	 	•	Business Unit contribution to the company-wide target. 

  
 The percentage of gross salary used in determining the target award is based on competitive compensation information for positions of comparable
responsibilities with comparably-sized manufacturing companies. 
  
 Achievement of performance levels is determined by the Compensation Committee following the completion of the fiscal year and award amounts are subject to the application of negative discretion by the Committee. Awards are granted following
completion of the fiscal year.

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