SEC Contract Filing

Filing Date: 2015-03-05

Document Content:
<DOCUMENT>
<TYPE>EX-10.42
<SEQUENCE>8
<FILENAME>exhibit1042-20141231.htm
<DESCRIPTION>EXHIBIT 10.42
<TEXT>
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 <title>Exhibit 10.42 - 2014.12.31</title>
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<a name="sA79735594FDB89F043E07B544E9CA1CD"></a><div><div style="line-height:120%;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Exhibit D</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:480px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Execution Version</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><br><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">CDI Corp. </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;font-weight:bold;text-decoration:underline;">PERFORMANCE UNITS </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">1. </font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">Grant of Performance Units</font><font style="font-family:Arial;font-size:11pt;">. CDI Corp., a Pennsylvania corporation (the &#8220;</font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">Company</font><font style="font-family:Arial;font-size:11pt;">&#8221;) hereby grants to Michael Castleman</font><font style="font-family:Arial;font-size:11pt;font-style:italic;font-weight:bold;">&#32;</font><font style="font-family:Arial;font-size:11pt;">(the &#8220;</font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">Recipient</font><font style="font-family:Arial;font-size:11pt;">&#8221;) 142,052 Performance Units (&#8220;</font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">PSU</font><font style="font-family:Arial;font-size:11pt;">&#8221;). This Grant is subject to the terms, definitions and provisions of the Plan, which is incorporated herein by reference. In the event of a conflict between the terms of this agreement (this &#8220;</font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">Agreement&#8217;</font><font style="font-family:Arial;font-size:11pt;">) and the Plan, this Agreement will prevail. Notwithstanding anything contained in this Agreement to the contrary, the maximum amount payable hereunder is $5,000,000. </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">2. </font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">Definitions</font><font style="font-family:Arial;font-size:11pt;">. All capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Plan. </font></div><div style="line-height:120%;padding-left:0px;padding-bottom:16px;text-align:left;text-indent:96px;"><font style="padding-bottom:16px;text-align:left;font-family:Arial;font-size:11pt;padding-right:48px;">(a)</font><font style="font-family:Arial;font-size:11pt;">&#32;&#8220;</font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">Cause</font><font style="font-family:Arial;font-size:11pt;">&#8221; shall have the meaning set forth in the Employment Agreement. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:96px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">(b)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:11pt;">&#8220;</font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">CDI Stock</font><font style="font-family:Arial;font-size:11pt;">&#8221; means the Common Stock. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:96px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">(c)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:11pt;">&#8220;</font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">Committee</font><font style="font-family:Arial;font-size:11pt;">&#8221; means the Compensation Committee of the Board or its successor.</font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:96px;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;">(d)</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:Arial;font-size:11pt;">&#8220;</font><font style="font-family:Arial;font-size:11pt;text-decoration:underline;">Daily Value</font><font style="font-family:Arial;font-size:11pt;">&#8221; on any date shall mean the sum of (x) the closing price of actual sales