SEC Contract Filing

Filing Date: 2019-02-21

Document Content:
<DOCUMENT>
<TYPE>EX-10.68
<SEQUENCE>8
<FILENAME>wu-20181231ex1068f7123.htm
<DESCRIPTION>EX-10.68
<TEXT>
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 <font style="display:inline;font-weight:bold;">Exhibit 10.68</font>

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 <font style="display:inline;">THE WESTERN UNION COMPANY 2015 LONG-TERM INCENTIVE PLAN</font>
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 <font style="display:inline;">TOTAL SHAREHOLDER RETURN PERFORMANCE-BASED </font>
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 <font style="display:inline;">RESTRICTED STOCK UNIT AWARD AGREEMENT <br />TERMS AND CONDITIONS FOR&nbsp;U.S. SECTION 16 OFFICERS</font>
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 <font style="display:inline;font-size:12pt;">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to The Western Union Company 2015 Long-Term Incentive Plan (the &#x201C;Plan&#x201D;), The Western Union Company (the &#x201C;Company&#x201D;) hereby grants to <a name="_Hlk501378756"></a>&lt;Participant Name&gt;&nbsp;(&#x201C;Executive&#x201D;) an award of Restricted Stock Units (the &#x201C;Units&#x201D;), in the amount specified in Executive&#x2019;s Award Notice</font><font style="display:inline;font-weight:bold;font-size:12pt;">&nbsp;</font><font style="display:inline;font-size:12pt;">(which forms part of this Agreement) as of the Grant Date specified in Executive&#x2019;s Award Notice, related to shares of Common Stock (&#x201C;Shares&#x201D;), subject to the terms and conditions set forth in this Agreement and the Plan.&nbsp;&nbsp;The terms of the Plan are hereby incorporated in this Agreement by this reference and made a part hereof.&nbsp;&nbsp;Capitalized terms not defined herein shall have the same definitions as set forth in the Plan.</font>
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 <font style="display:inline;font-size:12pt;">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each Unit shall provide for the issuance and transfer to Executive of one Share upon lapse of the restrictions set forth in paragraph 3 below and the Committee&#x2019;s determination of the amount of the Award payable to Executive in accordance with Exhibit A.&nbsp;&nbsp;Upon issuance and transfer of Shares to Executive following the Restriction Period (as defined herein), Executive shall have all rights incident to ownership of such Shares, including but not limited to voting rights and the right to receive dividends. </font>
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 <font style="display:inline;font-size:12pt;">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject to the other provisions of this Agreement and the terms of the Plan, on the third anniversary of the Grant Date, subject to the Committee&#x2019;s determination of the amount of the Award payable to Executive in accordance with Exhibit A, all restrictions on the Units shall lapse and the number of Shares subject to the Units determined by the Committee to be transferred to Executive in accordance with Exhibit A shall be issued and transferred to Executive.&nbsp;&nbsp;Effective on and after such date, subject to applicable laws and Company policies, Executive may hold, assign, pledge, sell, or transfer the Shares transferred to Executive in Executive&#x2019;s discretion.&nbsp;&nbsp;The three-year period in which the Units may be forfeited by Executive is defined as the &#x201C;Restriction Period.&#x201D;</font>
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 <font style="display:inline;font-weight:bold;font-size:12pt;">Notwithstanding the foregoing provisions in this paragraph 3, Executive will forfeit all rights to the Units unless Executive accepts these Terms and Conditions either through electronic acceptance (if permitted by the Company) or by signing and returning to the Company a copy of these Terms and Conditions on or before the 90</font><font styl