SEC Contract Filing

Filing Date: 2016-05-04

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>etfc-2016331xex102.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
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<div><a name="s53a01e0e13d04af1a218501307f99cbf"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:16pt;"><font style="font-family:inherit;font-size:16pt;font-weight:bold;">E*TRADE FINANCIAL CORPORATION</font></div><div style="line-height:120%;text-align:center;font-size:16pt;"><font style="font-family:inherit;font-size:16pt;font-weight:bold;">DEFERRED RESTRICTED STOCK UNITS AGREEMENT</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%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">E*TRADE Financial Corporation has granted to the Participant named in the </font><font style="font-family:inherit;font-size:12pt;font-style:italic;">Notice of Grant of Deferred Restricted Stock Units</font><font style="font-family:inherit;font-size:12pt;">&#32;(the </font><font style="font-family:inherit;font-size:12pt;font-style:italic;">&#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Grant Notice</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">&#8221;</font><font style="font-family:inherit;font-size:12pt;">) to which this Deferred Restricted Stock Units Agreement (the </font><font style="font-family:inherit;font-size:12pt;font-style:italic;">&#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Agreement</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">&#8221;</font><font style="font-family:inherit;font-size:12pt;">) is attached an Award consisting of Restricted Stock Units subject to the terms and conditions set forth in the Grant Notice and this Agreement. The Award has been granted pursuant to the E*TRADE Financial Corporation 2015 Omnibus Incentive Plan (as amended from time to time, the </font><font style="font-family:inherit;font-size:12pt;font-style:italic;">&#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Plan</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">&#8221;</font><font style="font-family:inherit;font-size:12pt;">), the provisions of which are incorporated herein by reference. By signing the Grant Notice, the Participant: (a)&#160;acknowledges receipt of and represents that the Participant has read and is familiar with the Grant Notice, this Agreement, the Plan and a prospectus for the Plan (the </font><font style="font-family:inherit;font-size:12pt;font-style:italic;">&#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Plan Prospectus</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">&#8221;</font><font style="font-family:inherit;font-size:12pt;">), (b)&#160;accepts the Award subject to all of the terms and conditions of the Grant Notice, this Agreement and the Plan and (c)&#160;agrees to accept as binding, conclusive and final all decisions or interpretations of the Committee upon any questions arising under the Grant Notice, this Agreement or the Plan. </font></div><div style="line-height:120%;padding-left:0px;text-align:left;text-indent:48px;"><font style="text-align:left;font-family:inherit;font-size:12pt;padding-right:48px;">1.</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;text-decoration:underline;">Definitions and Construction</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">.</font></div><div style="line-height:120%;padding-left:0px;text-align:left;text-indent:96px;"><font style="text-align:left;font-family:inherit;font-size:10pt;padding-right:48px;">1.1</font><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Definitions</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">.</font><font style="font-family:inherit;font-size:12pt;">&#32;&#32;Unless otherwise defined herein, capitalized terms shall have the meanings assigned to such terms in the Grant Notice or the Plan.</font></div><div style="line-height:120%;padding-left:0px;text-align:left;text-indent:144px;"><font style="text-align:left;font-family:inherit;font-size:12pt;padding-right:48px;">(a)</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">&#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Dividend Equivalent Units</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">&#8221;</font><font style="font-family:inherit;font-size:12pt;">&#32;mean additional Restricted Stock Units credited pursuant to Section&#160;3.3.</font></div><div style="line-height:120%;padding-left:0px;text-align:left;text-indent:144px;"><font style="text-align:left;font-family:inherit;font-size:12pt;padding-right:48px;">(b)</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">&#8220;</font><font style="font-family:inherit;font-size:12pt;font-style:italic;font-weight:bold;">Units</font><font style="font-family:inherit;font-size:12pt;font-style:italic;">&#8221;</font><font style="font-family:inherit;font-size:12pt;">&#32;mean the Restricted Stock Units originally granted pursuant to this Agreement and the Dividend Equivalent Units credited pursuant to this Agreement, as both shall be adjusted from time to time pursuant to Section&#160;7.</f