Document:

exv10w13

Exhibit 10.13

THE TJX COMPANIES, INC.

PERFORMANCE-BASED RESTRICTED STOCK AWARD

GRANTED UNDER STOCK INCENTIVE PLAN

[     ]

This certificate evidences an award of performance-based restricted shares (“Restricted Stock”) of
Common Stock, $1.00 par value, of The TJX Companies, Inc. (the “Company”) granted to the grantee
named below (“Grantee”) under the Company’s Stock Incentive Plan (the “Plan”). This grant is
subject to the terms and conditions of the Plan, the provisions of which, as from time to time
amended, are incorporated by reference in this certificate. Terms defined in the Plan are used in
this certificate as so defined.

	1.	 	Grantee:
	 
	2.	 	Number of Shares of Restricted Stock:
	 
	3.	 	Date of Grant:
	 
	4.	 	Performance Vesting Criteria:
	 
	5.	 	Change of Control. Upon the occurrence of a Change of Control, all shares of Restricted Stock not then vested and not previously
forfeited shall immediately and automatically vest.
	 
	6.	 	Termination of Employment: In the event of the termination of the
employment of the Grantee with the Company and its subsidiaries for
any reason prior to [     ], all shares of Restricted Stock not then
vested and not previously forfeited shall immediately and
automatically be forfeited[, except as follows:].

 

 

PERFORMANCE-BASED RESTRICTED STOCK AWARD

	7.	 	Dividends: Grantee shall be entitled to regular cash
dividends, if any, paid on, and to vote, shares of
Restricted Stock held by Grantee on the record date;
provided, however, that Grantee’s right to any such
dividends with respect to a share of unvested
Restricted Stock shall be treated as unvested so long
as such Restricted Stock remains unvested (the
“restricted period”), and shall be forfeited if such
Restricted Stock is forfeited; and provided, further,
that any such dividends that would otherwise be paid
with respect to a share of unvested Restricted Stock
during the restricted period shall instead be
accumulated and paid to Grantee, without interest,
only upon, or within thirty (30) days following, the
date on which the Restricted Stock is determined by
the Company to have vested.
	 
	 	 	Any dividend or distribution (other than any regular
cash dividend) distributed with respect to a share of
Restricted Stock, and any share of stock or other
security of the Company or any other entity, or other
property, into which a share of Restricted Stock is
converted or for which it is exchanged, (each share
of Restricted Stock with respect to which any such
dividend or distribution is made or which is so
converted or exchanged, an “associated share”),
including without limitation a distribution of stock
by reason of a stock dividend, stock split or
otherwise with respect to an associated share, or a
distribution of other securities with respect to an
associated share, shall be subject to the
restrictions provided in this certificate in the same
manner and for so long as the associated share
remains or would have remained subject to such
restrictions, and shall be forfeited if and when the
associated share is so forfeited or would have been
so forfeited; provided that any cash distribution
with respect to an associated share other than a
regular cash dividend, any cash amount into which an
associated share is converted or for which it is
exchanged or any other amount distributed with
respect to an associated share, the deferred delivery
of which would otherwise result in the deferral of
compensation subject to Section 409A of the Code,
shall be paid to Grantee, without interest, only
upon, or within thirty (30) days following, the date
on which the Company determines the associated share
has vested or would have vested; and provided,
further that the Committee may require, to the extent
consistent with Section 409A of the Code, that any
such cash distribution or amount be placed in escrow
or otherwise made subject to such restrictions as the
Committee deems appropriate until such payment date.
References to the shares of Restricted Stock in this
certificate shall include any such restricted shares,
securities, property or other amounts.
	 
	8.	 	No Transfers; Restrictive Legend: Grantee shall not
sell, assign, pledge, margin, give, transfer,
hypothecate or otherwise dispose of any shares of
Restricted Stock or any interest therein.
Certificates representing shares of Restricted Stock
will bear a restrictive legend to such effect, and
stop orders will be entered with the Company’s
transfer agent.
	 
	9.	 	Transfer Upon Forfeiture: By acceptance of this
grant, Grantee appoints the Company as
attorney-in-fact of Grantee to take such actions as
the Company determines necessary or appropriate to
effectuate a transfer to the Company of the record
ownership of any shares that are forfeited and agrees
to sign such stock powers and take such other actions
as the Company may reasonably request to accomplish
the transfer or forfeiture of any forfeited shares.
	 
	10.	 	Withholding: Grantee shall, no later than the date
as of which any shares of Restricted Stock first
become includable in the gross income of Grantee for
Federal income tax purposes, pay to the Company, or
make arrangements satisfactory to the Committee
regarding payment of, any Federal, state, or local
taxes of any kind required by law to be withheld with
respect to such income.
	 
	11.	 	Section 83(b): Grantee should confer promptly with a
professional tax advisor to consider whether or not
to make a so-called “83(b) election” with respect to
the Restricted Stock. Any such election, to be
effective, must be made in accordance with applicable
regulations and no later than thirty (30) days
following the date of grant. The Company makes no
recommendation with respect to the advisability of
making such an election.

	 	 	 	 	 
	 	THE TJX COMPANIES, INC.

 	 
	 	BY: 	 	 	 
	 	 	 	[     ]exv10w14

Exhibit 10.14

THE TJX COMPANIES, INC.

PERFORMANCE-BASED DEFERRED STOCK AWARD

GRANTED UNDER STOCK INCENTIVE PLAN

[     ]

This certificate evidences an award (the “Award”) of performance-based deferred stock granted to
the Grantee named below (“Grantee”) under the Stock Incentive Plan (the “Plan”) of The TJX
Companies, Inc. (the “Company”). The Award is subject to the terms and conditions of the Plan, as
from time to time in effect, the provisions of which are incorporated by reference in this
certificate. Terms defined in the Plan are used in this certificate as so defined.

	1.	 	Grantee:
	 
	2.	 	Number of Shares of Performance Based
Deferred Stock:
	 
	3.	 	Date of Grant:
	 
	4.	 	Performance Vesting Criteria:
	 
	5.	 	Change of Control. Upon the occurrence of a Change of Control, the
Award, to the extent not then vested and not previously     forfeited,
shall immediately and automatically vest in full.
	 
	6.	 	Termination of Employment: In the event of the termination of the
employment of the Grantee with the Company and its subsidiaries for
any reason prior to [     ], the Award, to the extent not then vested
and not previously forfeited, shall immediately and automatically be
forfeited[, except as follows:].

 

 

PERFORMANCE-BASED DEFERRED STOCK AWARD

	7.	 	Delivery of Shares: As soon as practicable after Grantee’s right to
have transferred to Grantee any share of Stock subject to the Award
has vested under Section 4 or Section 5 above, but in no event later
than the 15th day of the 3rd month following the
close of the calendar year in which such vesting occurs or, if later,
the close of the fiscal year of the Company in which such vesting
occurs, the Company shall transfer to Grantee (or, if Grantee has
died, to Grantee’s beneficiary) such share of Stock evidenced either
by a stock certificate or by such other evidence of record ownership
as the Company deems appropriate. Notwithstanding the foregoing, if
Grantee’s right to any share of Stock subject to the Award vests in
connection with a Change of Control, or has previously vested but such
share of Stock has not yet been transferred prior to the Change of
Control, the Company in its discretion, to the extent consistent with
Section 409A of the Code and subject to such conditions as the Company
may prescribe (including, where vesting has not yet occurred, a
condition that the Stock be relinquished if the Change of Control does
not occur), may transfer such share of Stock to Grantee sufficiently
in advance of the Change of Control (but, for the avoidance of doubt,
with respect to any share, the right to which has previously vested,
no later than the date set forth in the immediately preceding
sentence) to permit Grantee to participate in the Change of Control as
a shareholder with respect to such share of Stock.
	 
	8.	 	No Dividend Rights: The Grantee shall not be eligible to receive
dividends in respect of the shares subject to this Award, unless and
until such time as such shares are earned and delivered to the
Grantee.
	 
	9.	 	No Voting Rights; Rights as Shareholder: The Award does not entitle
Grantee to any rights as a shareholder with respect to any shares of
Stock subject to the Award, unless and until such shares of Stock have
been transferred to Grantee. The Grantee shall have no voting rights
in respect of any shares subject to this Award, unless and until such
time as such shares are earned and delivered.
	 
	10.	 	Unsecured Obligation; No Transfers: The award is unfunded and
unsecured, and Grantee’s rights to any Stock or cash hereunder shall
be no greater than those of an unsecured general creditor of the
Company. The Award may not be assigned, transferred, pledged,
hypothecated or otherwise disposed of, except for disposition at death
as provided above.
	 
	11.	 	Section 409A: The Award and the Dividend Equivalent Payment, if any,
described in Section 13 below are intended to constitute arrangements
that qualify as a “short term deferrals” exempt from the requirements
of Section 409A of the Code, and shall be construed accordingly.
	 
	12.	 	Withholding: Grantee (or beneficiary) shall, no later than the date
on which any share of Stock is transferred to Grantee or beneficiary
and as a condition to such transfer, pay to the Company in cash, or
make arrangements satisfactory to the Committee regarding payment of,
any Federal, state, or local taxes of any kind required by law to be
withheld with respect to such income. If any taxes are required to be
withheld prior to such transfer of such share of Stock (for example,
upon the vesting of the right to receive such share), the Company may
require Grantee or beneficiary to pay such taxes timely in cash by
separate payment, may withhold the required taxes from other amounts
payable to Grantee or Beneficiary, or may agree with Grantee or
Beneficiary on other arrangements for the payment of such taxes, all
as the Company determines in its discretion.
	 
	13.	 	Dividend Equivalent Payment: Upon the vesting of the Award as to any
share of Stock, Grantee shall be entitled to a cash payment by the
Company in an amount equal to the amount that Grantee would have
received, if any, as a regular cash dividend had he held such share of
Stock from the date of grant to the date of vesting, less all
applicable taxes and withholding obligations. Any such payment shall
be paid, if at all, without interest and at the same time as the share
of such Stock is to be transferred to Grantee under the first sentence
of Section 7 above.

	 	 	 	 	 
	 	THE TJX COMPANIES, INC.

 	 
	 	 	BY: 	 	 
	 	 	 	[     ]

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