Document:

Exhibit 10.13

 

ABBOTT LABORATORIES

RESTRICTED STOCK UNIT AGREEMENT

 

This
Restricted Stock Unit Agreement (the “Agreement”), made on «DateAwded» (the “Grant Date”), between
Abbott Laboratories, an Illinois corporation (the “Company”), and «Name» (the “Employee”), provides for the
grant by the Company to the Employee of a Restricted Stock Unit Award (the “Award”)
under the Company’s 2009 Incentive Stock Program (the “Program”).  This
Agreement incorporates and is subject to the provisions of the Program.  To the extent not defined herein, capitalized
terms shall have the same meaning as in the Program, and in the event of any
inconsistency between the provisions of this Agreement and the provisions of
the Program, the Program shall control.

 

The terms and conditions of the Award are
as follows:

 

1.                    Grant
of Units.  Pursuant to action of the
Compensation Committee of the Board of Directors of the Company, and in
consideration of valuable services heretofore rendered and to be rendered by
the Employee to the Company and of the agreements hereinafter set forth, the
Company has granted to the Employee «NoShares12345»
restricted stock units (the “Restricted Stock Units” or “Units” as used
herein), representing the right to receive an equal number of Shares on the Delivery
Date.  The “Delivery Date” of the Shares (as defined in Sections 3, 4 and
5 below) shall be the respective dates on which the Shares shall be payable to
the Employee after the Restriction (as defined in Section 2 below) on such
Units lapses.  Unless indicated otherwise, the Shares shall be delivered
in an equal number of Shares (subject to rounding) as of each Delivery Date, if
there is more than one Delivery Date applicable.  The Shares shall be
issued from the Company’s available treasury shares.  Prior to the
Delivery Date(s), (a) the Employee shall not be treated as a shareholder
as to those Shares, and shall only have a contractual right to receive them,
unsecured by any assets of the Company or its Subsidiaries; (b) the
Employee shall not be permitted to vote the Shares underlying the Restricted
Stock Units; and (c) the Employee’s right to receive such Shares will be
subject to the adjustment provisions relating to mergers, reorganizations, and
similar events set forth in the Program.  The Restricted Stock Units shall
be subject to all of the restrictions hereinafter set forth.  The Employee
shall be permitted to receive cash payments equal to the dividends and
distributions paid on Shares underlying the Restricted Stock Units (“Dividend
Equivalents”) (other than dividends or distributions of securities of the
Company which may be issued with respect to its Shares by virtue of any stock
split, combination, stock dividend or recapitalization) to the same extent and
on the same date as if each Unit were a Share, provided, however, that no
Dividend Equivalents shall be payable to or for the benefit of the Employee
with respect to dividends or distributions the record date for which occurs on
or after either (i) the date the Employee has forfeited the Restricted
Stock Units or (ii) the date the restrictions on the Restricted Stock
Units have lapsed.

 

2.                    Restriction.  Until the restriction imposed by this Section 2
(the “Restriction”) has lapsed pursuant to Section 3, 4 or 5 below, the
Units shall not be sold, 

 

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exchanged,
assigned, transferred, pledged or otherwise disposed of, and shall be subject
to forfeiture as set forth in Section 6 below.

 

3.                    Lapse
of Restriction Due to Passage of Time. 
During employment, the Restriction on one-third of the total number of
Units will lapse and have no further force on the first anniversary of the
Grant Date; the Restriction on an additional one-third of the total number of
Units will lapse and have no further force on the second anniversary of the
Grant Date; and the Restriction on the remaining Units will lapse and have no
further force on the third anniversary of the Grant Date.  Subject to
Sections 4, 5 and 6 below, Units with respect to which the Restriction has lapsed
shall be paid in the form of Shares on the first, second and third
anniversaries of the date of grant (each, a “Delivery Date”).

 

4.                    Lapse
of Restriction Due to Retirement.  Upon
the Employee’s termination of employment with the Company and its Subsidiaries
due to retirement (as such term is defined by administrative rule in
effect on the date hereof), the Units shall be settled in the form of Shares on
the Delivery Dates set forth in Section 3 above occurring after the date
of such retirement as if the Employee had remained employed on such Delivery
Dates.

 

5.                    Lapse
of Restriction Due to Death or Disability. 
The Restriction shall lapse and have no further force or effect upon the
date of the Employee’s death or disability.  Any Units that have not previously
been paid out on a Delivery Date set forth in Section 3 above shall be
settled in the form of Shares on the date of death or disability, as the case
may be.

 

6.                    Forfeiture
of Units.  In the event of termination of
the Employee’s employment with the Company and its Subsidiaries, other than
under the circumstances described in Sections 4 or 5 above, (including, without
limitation, due to the Employee’s voluntary resignation (other than due to
retirement) or involuntary discharge for cause), any Units with respect to
which the Restriction has not lapsed as of the date of termination, shall be
forfeited as of the date of termination, without consideration to the Employee
or the Employee’s executor, administrator, personal representative or heirs (“Representative”),
provided, however, that in the event that the Employee is involuntarily
discharged by the Company and its Subsidiaries other than for cause, the
Company shall have the authority (but not the obligation) to act, in its sole
discretion, to accelerate the lapse of Restriction set forth in Section 3
above in whole or in part and to cause some or all of the Units that have not
previously been paid out on a Delivery Date set forth in Section 3 above
to be settled in the form of Shares on the date of such involuntary
discharge.  The term discharge “for cause” shall have the meaning given
that term by Section 10.

 

7.                    Withholding
Taxes.  The Employee may satisfy any
federal, state, local or foreign taxes arising from delivery of the Shares
pursuant to Section 3, 4, or 5 above by (i) tendering a cash payment,
(ii) having the Company withhold Shares from the Shares to be delivered to
satisfy the minimum applicable withholding tax, (iii) tendering Shares
received in connection with the Restricted Stock Unit back to the Company, or (iv) delivering
other previously acquired Shares having a Fair Market Value approximately equal

 

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to
the amount to be withheld.  The Company
shall have the right and is hereby authorized to withhold from the Shares
deliverable to the Employee pursuant to Section 3, 4, or 5 above or from
any other compensation or other amount owing to the Employee such amount as may
be necessary in the opinion of the Company to satisfy all such taxes,
requirements and withholding obligations. 
If the Company withholds from the Shares for tax purposes, the Employee
is deemed to have been issued the full number of Shares underlying the
Restricted Stock Units, notwithstanding that a number of the Shares are held
back solely for the purpose of satisfying any such taxes, requirements and
withholding obligations.

 

8.                    No Right to Continued Employment.  Neither the Program nor this Agreement shall
confer upon the Employee the right to continue in the employ or service of the
Company or any Subsidiary, to be entitled to any remuneration or benefits not
set forth in the Program or this Agreement or other agreement, or to interfere
with or limit in any way the right of the Company or any such Subsidiary to
terminate the Employee’s employment or service.

 

9.                    Succession.  This Agreement shall be binding upon and
operate for the benefit of the Company and its successors and assigns, and the
Employee and the Employee’s Representative.

 

10.              Discharge
for Cause.  The term discharge “for cause”
shall mean termination of the Employee’s employment with the Company and its
Subsidiaries for (A) the Employee’s failure to substantially perform the
duties of the Employee’s employment (other than any such failure resulting from
the Employee’s disability); (B) material breach by the Employee of the
terms and conditions of the Employee’s employment; (C) material breach by
the Employee of business ethics; (D) an act of fraud, embezzlement or
theft committed by the Employee in connection with the Employee’s duties or in
the course of the Employee’s employment; or (E) wrongful disclosure by the
Employee of secret processes or confidential information of the Company or its
Subsidiaries.

 

11.              No
Contract as of Right.  The grant of Units
under the Program does not create any contractual or other right to receive
additional Restricted Stock Unit grants or other Program benefits in the
future.  Nothing contained in this Agreement is intended to create or
enlarge any other contractual obligations between the Company and the
Employee.  Future grants, if any, and their terms and conditions, will be
at the sole discretion of the Compensation Committee.  Unless expressly
provided by the Company in writing, any value associated with the Units granted
under the Program is an item of compensation outside the scope of the Employee’s
employment contract, if any, and shall not be deemed part of the Employee’s
normal or expected compensation for purposes of calculating any severance,
resignation, redundancy, or end-of-service payments, bonuses, long-service
awards, pension or retirement benefits, or similar payments.

 

12.              Data
Privacy.  This grant of Units shall be
interpreted to effect the original intent of the Company as closely as possible
to the fullest extent permitted

 

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by applicable law (including, without limitation, any laws governing
data privacy).  If any condition or
provision of this grant is invalid, illegal, or incapable of being enforced
under any applicable law or regulation governing data privacy, including the
privacy laws and regulations of the European Economic Area, all other
conditions and provisions of the Units shall nevertheless remain in full force
and effect.  By accepting this grant, the
Employee voluntarily and unambiguously acknowledges and consents to the
collection, use, processing and transfer of Personal Data (defined below) as
described in this paragraph, in electronic or other form.  The Employee is not obliged to consent to such
collection, use, processing and transfer of Personal Data.  However, failure to provide the consent may
affect the Employee’s ability to participate in the Program.  The Employee understands that the Company and
its Subsidiaries hold certain personal information about the Employee,
including, but not limited to, the Employee’s name, home address and telephone
number, date of birth, social security number or other employee identification
number, salary, nationality, job title, the number of Shares (if any) owned by
the Employee, whether the Employee is a member of the Board of Directors of the
Company or of any of its Subsidiaries, details of all stock options or any
other entitlement to Shares awarded, canceled, purchased, vested, unvested or
outstanding in the Employee’s favor for the purpose of managing and
administering the Program or this grant (collectively “Personal Data”).  The Employee understands that the Company and
its Subsidiaries will transfer Personal Data amongst themselves as necessary for
the purpose of implementation, administration and management of the Employee’s
participation in the Program, and the Company and/or any of its Subsidiaries
may each further transfer Personal Data to any third parties assisting the
Company in the implementation, administration and management of the Program,
including UBS or such other stock plan service provider as may be selected by
the Company in the future.  These
recipients may be located in the European Economic Area, or elsewhere
throughout the world, such as the United States and the recipients’ country
(e.g., the United States) may have different data privacy laws and protections
than the Employee’s country.  The
Employee understands that the Employee may request a list with the names and
addresses of any potential recipients of the Personal Data by contacting the
local human resources representatives. 
The Employee hereby authorizes the Company and its Subsidiaries to
receive, possess, use, retain and transfer the Personal Data, in electronic or
other form, for the purposes of implementing, administering and managing the
Employee’s participation in the Program, including any transfer of such
Personal Data as may be required for the administration of the Program and/or
the subsequent holding of Shares on the Employee’s behalf to a broker or other
third party with whom the Employee may elect to deposit any Shares acquired
pursuant to the Program.  The Employee
understands that Personal Data will be held only as long as is necessary to
implement, administer and manage the Employee’s participation in the
Program.  The Employee may, at any time,
review Personal Data, request additional information about the storage and
processing of Personal Data, and require any necessary amendments to it.  The Employee may, at any time, withdraw the
consents herein, in any case without cost, in writing by contacting the
Company; however, withdrawing the Employee’s consent may affect the Employee’s
ability to participate in the Program.

 

 

13.              Compliance
with Applicable Laws and Regulations. 
Notwithstanding any other provision of the Program or this Agreement to
the contrary, the Company shall not be required to issue or deliver any Shares
pursuant to Section 3, 4, or 5 above pending compliance with all
applicable federal and state securities and other laws (including any
registration requirements or tax withholding requirements) and compliance with
the rules and practices of any stock exchange upon which the Company’s
Shares are listed.

 

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14.              Payment
of Dividend Equivalents.  For purposes of
compliance with the requirements of Section 409A of the Internal Revenue
Code of 1986, as amended (the “Code”), the specified date of paying any
Dividend Equivalents to which an Employee is entitled under Section 1 is
the year (<<YR1, YR2, YR3, or
YR4>>) in which the associated dividends or distributions are
paid on common stock. This Section shall not create or expand any rights
to Dividend Equivalents.

 

15.              Section 409A.  To the extent
applicable, it is intended that this Agreement comply with or be exempt
from the provisions of Code Section 409A. 
The Agreement will be administered and interpreted in a manner
consistent with this intent, and any provision that would cause the Agreement
to fail to satisfy Code Section 409A will have no force and effect until
amended to comply therewith (which amendment may be retroactive to the extent
permitted by Code Section 409A). 
Notwithstanding anything contained herein to the contrary, for all
purposes of this Agreement, the Employee shall not be deemed to have had a
termination of service unless the Employee has incurred a separation from
service as defined in Treasury Regulation §1.409A-1(h) and, to the extent
required to avoid accelerated taxation and/or tax penalties under Code Section 409A
and applicable guidance issued thereunder, amounts that would otherwise be
payable pursuant to the Agreement during the six-month period immediately
following the Employee’s termination of service (including retirement)
shall instead be paid on the first business day after the date that is six
months following the Employee’s termination of service (or upon the Employee’s
death, if earlier).  For purposes
of this Agreement, “disability” shall mean, as of a particular date, the
Employee is, by reason of any medically determinable physical or mental
impairment that can be expected to result in death or can be expected to last
for a continuous period of not less than twelve months, eligible to receive
income replacement benefits under the terms of the Abbott Laboratories Extended
Disability Plan (“EDP”) or, for an Employee whose employer does not participate
in the EDP, such similar accident and health plan, providing income replacement
benefits, in which the Employee’s employer participates, for a period of at
least six months.

 

16.              Severability.  The invalidity or unenforceability of any
provision of this Agreement shall not affect the validity or enforceability of
any other provision of this Agreement, and each other provision of the
Agreement shall be severable and enforceable to the extent permitted by
law.  To the extent a court or tribunal
of competent jurisdiction determines that any provision of this Agreement is
invalid or unenforceable, in whole or in part, the Company, in its sole
discretion, shall have the power and authority to revise or strike such
provision to the minimum extent necessary to make it valid and enforceable to
the full extent permitted under local law.

 

17.              Governing Law. 
This Agreement shall be governed by and construed in accordance with the
laws of the State of Illinois without giving effect to the conflict of laws
principles thereof.

 

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IN WITNESS
WHEREOF, the Company has caused this Agreement to be executed by its duly
authorized officer as of the grant date above set forth.

 

 

	
   

  	
   

  	
  ABBOTT LABORATORIES

  
	
   

  	
   

  	
   

  
	
   

  	
  By

  	
  

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Miles D. White

  
	
   

  	
   

  	
  Chairman and Chief Executive Officer

  

 

6Exhibit 4.24

 

SIXTH SUPPLEMENTAL INDENTURE

 

SIXTH SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of March 25, 2009,
among Portfolio Acquisitions, LLC, a Delaware limited liability company (the “New Guarantor”), a subsidiary of NCO Group, Inc., a
Delaware corporation (the  “Company”), and
The Bank of New York Mellon, as successor to The Bank of New York, a New York
banking corporation, as trustee under the Indenture referred to below (the “Trustee”).

 

W I T N E S S E T H

 

WHEREAS, the Company (as the successor in
interest to NCO Group, Inc., a Pennsylvania corporation) and the existing
Guarantors have heretofore executed and delivered to the Trustee an indenture
(as amended, supplemented or otherwise modified, the “Indenture”),
dated as of November 15, 2006 providing for the issuance of Floating Rate
Senior Notes due 2013 (the “Notes”);

 

WHEREAS, Section 4.17 of the Indenture
provides that under certain circumstances the New Guarantor shall execute and
deliver to the Trustee a supplemental indenture pursuant to which the New
Guarantor shall unconditionally guarantee all of the Company’s obligations
under the Notes and the Indenture on the terms and conditions set forth herein
(the “Note Guarantee”); and

 

WHEREAS, pursuant to Section 9.01 of the
Indenture, the Trustee, the Company and the existing Guarantors are authorized
to execute and deliver this Supplemental Indenture.

 

NOW, THEREFORE, in consideration of the
foregoing and for other good and valuable consideration, the receipt of which
is hereby acknowledged, the New Guarantor, the Company and the Trustee mutually
covenant and agree for the equal and ratable benefit of the Holders of the
Notes as follows:

 

1.             DEFINED
TERMS.  Defined terms used herein without
definition shall have the meanings assigned to them in the Indenture.

 

2.             AGREEMENT
TO GUARANTEE.  The New Guarantor hereby
agrees, jointly and severally with all existing Guarantors (if any), to provide
an unconditional guarantee on the terms and subject to the conditions set forth
in Article 11 of the Indenture and to be bound by all other applicable
provisions of the Indenture and the Notes and to perform all of the obligations
and agreements of a Guarantor under the Indenture.

 

 

3.             NO
RECOURSE AGAINST OTHERS.  No past,
present or future director, manager, officer, employee, incorporator,
stockholder or member of the Company, any parent entity of the Company or any
Subsidiary, as such, will have any liability for any obligations of the Company
or the Subsidiary Guarantors under the Notes, the Indenture, the Note
Guarantees or for any claim based on, in respect of, or by reason of, such
obligations or their creation.  Each
Holder by accepting a Note waives and releases all such liability.  The waiver and release are part of the
consideration for issuance of the Notes. 
The waiver may not be effective to waive liabilities under the federal
securities laws.

 

4.             NOTICES.  All notices or other communications to the
New Guarantor shall be given as provided in Section 13.02 of the
Indenture.

 

5.             RATIFICATION
OF INDENTURE; SUPPLEMENTAL INDENTURES PART OF INDENTURE.  Except as expressly amended hereby, the
Indenture is in all respects ratified and confirmed and all the terms,
conditions and provisions thereof shall remain in full force and effect.  This Supplemental Indenture shall form a part
of the Indenture for all purposes, and every holder of Notes heretofore or
hereafter authenticated and delivered shall be bound hereby.

 

6.             WAIVER.              Until the Notes have been paid in
full, the New Guarantor waives and agrees that it shall not in any manner
whatsoever claim or take the benefit or advantage of, any rights of
reimbursement, indemnity or subrogation or any other rights it may have against
the Company or any other Restricted Subsidiary that arise as a result of any
payment by such New Guarantor under this Supplemental Indenture.

 

7.             GOVERNING
LAW.  THIS INDENTURE, THE NOTES AND THE
NOTE GUARANTEES SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE
LAWS OF THE STATE OF NEW YORK.

 

8.             COUNTERPARTS.  The parties may sign any number of copies of
this Supplemental Indenture.  Each signed
copy shall be an original, but all of them together represent the same
agreement.

 

9.             EFFECT
OF HEADINGS.  The Section headings
herein are for convenience only and shall not affect the construction hereof.

 

10.           TRUSTEE
MAKES NO REPRESENTATION.  The Trustee
makes no representation as to the validity or sufficiency of this Supplemental
Indenture.  The recitals and statements
contained herein are deemed to be solely those of the New Guarantor and the
Company.

 

[SIGNATURE PAGE FOLLOWS]

 

2

 

IN WITNESS WHEREOF, the parties hereto have caused
this Supplemental Indenture to be duly executed and attested, all as of the
date first above written.

 

 

	
  PORTFOLIO
  ACQUISITIONS, LLC

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/Michael
  J. Barrist

  	
   

  
	
  Name:

  	
  Michael
  J. Barrist

  	
   

  
	
  Title:

  	
  President and Chief Executive Officer

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  NCO GROUP, INC.

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/Michael J. Barrist

  	
   

  
	
   

  	
  Name:

  	
  Michael J. Barrist

  	
   

  
	
   

  	
  Title:

  	
  President and Chief Executive Officer

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  THE BANK OF NEW YORK MELLON, as Trustee

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/Mary Miselis

  	
   

  
	
   

  	
  Name:

  	
  Mary Miselis

  	
   

  
	
   

  	
  Title:

  	
  Vice President

  	
   

  

 

[Signature Page to Senior
Supplemental Indenture]

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