SEC Contract Filing

Filing Date: 2020-02-26

Document Content:
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<TYPE>EX-10.12
<SEQUENCE>3
<FILENAME>rrd-ex1012_749.htm
<DESCRIPTION>EX-10.12
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<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:11.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;font-size:11.5pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:7.46%;"><font style="margin-left:72pt;"></font><font style="margin-left:108pt;"></font><font style="margin-left:144pt;"></font><font style="margin-left:180pt;"></font><font style="margin-left:216pt;"></font><font style="margin-left:252pt;"></font><font style="margin-left:288pt;"></font><font style="margin-left:324pt;"></font><font style="margin-left:360pt;"></font>&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11.5pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">R. R. DONNELLEY &amp; SONS COMPANY</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11.5pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">STOCK OPTION AGREEMENT</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11.5pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">(2004 PIP)</p>
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<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:11.5pt;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:11.5pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">R. R. DONNELLEY &amp; SONS COMPANY, a Delaware corporation (herein called the "Company"), acting pursuant to the provisions of its 2004 Performance Incentive Plan (herein called the "Plan"), hereby grants to <font style="font-weight:bold;">XXXXXX</font> (herein called "Optionee"), as of <font style="font-weight:bold;">March 2, 2012</font> (herein called the "Option Date"), an option (herein called the "Option") to purchase from the Company <font style="font-weight:bold;">XXXXX</font> shares of common stock of the Company, par value $1.25 per share (herein called "Common Stock"), at a price of&nbsp;&nbsp;<font style="font-weight:bold;">$XXXXX</font> per share to be exercisable during the term set forth herein, but only upon the following terms and conditions:</p>
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<p style="margin-bottom:0pt;margin-top:0pt;font-size:11.5pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:11.5pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1.</font></p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11.5pt;">The Option may be exercised by Optionee, in whole or in part, from time to time, during the Option Term (as defined below) only in accordance with the following conditions and limitations:</p></td></tr></table></div>
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<p style="margin-bottom:0pt;margin-top:0pt;font-size:11.5pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-size:11.5pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(a)</font></p></td>
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<p style="margin-bottom:0pt;margin-top:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:11.5pt;">Except as provided in Sections 5 and 7 hereof, Optionee must, at any time the Option becomes exercisable and at any time the Option is exercised, have been continuously in the employment of the Company since the date hereof, unless otherwise determined by the Committee administering the Plan (the &#8220;Committee&#8221;).&nbsp;&nbsp;Leave of absence for periods and purposes conforming to the personnel policies of the Company and approved by the Committee shall not be deemed terminations of employment or interruptions of continuous service.</p></td></tr></table></div>
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