SEC Contract Filing

Filing Date: 2015-01-28

Document Content:
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<TYPE>EX-10.2
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<FILENAME>d858611dex102.htm
<DESCRIPTION>EX-10.2
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<TITLE>EX-10.2</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.2 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TIME-BASED RESTRICTED STOCK UNIT AWARD </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>UNDER THE PROVISIONS OF </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>THE CONVERGYS CORPORATION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AMENDED AND RESTATED LONG TERM INCENTIVE PLAN </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the provisions of the Convergys Corporation Amended and Restated Long Term Incentive Plan (the &#147;Plan&#148;), the Compensation
and Benefits Committee of the Board of Directors of Convergys Corporation (the &#147;Compensation Committee&#148;) has granted you a time-based restricted stock unit award (the &#147;Award&#148;), on and subject to the terms of the Plan and your
agreement to the following terms, conditions and restrictions of this Award Agreement (the &#147;Award Agreement&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>1.</U> <U>Delivery of
Shares.</U> Subject to and upon the terms, conditions, and restrictions set forth in this Award Agreement, Convergys Corporation (the &#147;Company&#148;) shall deliver to you 25% of the number of common shares, without par value, of Convergys
Corporation (the &#147;Shares&#148;) indicated on your Notice of Time-Based Restricted Stock Unit Award form (&#147;Notice of Award&#148;) within 30 days following the First Vest Date indicated on your Notice of Award (the &#147;First Vest
Date&#148;), 25% of the number of Shares indicated on your Notice of Award within 30 days following the Second Vest Date indicated on your Notice of Award (the &#147;Second Vest Date&#148;) and 50% of the number of Shares indicated on your Notice of
Award within 30 days following the Third Vest Date indicated on your Notice of Award (the &#147;Third Vest Date&#148;). Each of the First Vest Date, the Second Vest Date and the Third Vest Date is referred to herein as a &#147;Vest Date&#148;. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><U>2.</U> <U>Forfeiture of Award.</U> </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">a.</TD>
<TD ALIGN="left" VALIGN="top">Your right to receive any Shares that are the subject of this Award that have not yet been delivered (and any dividend equivalents that have not yet been paid) shall be forfeited automatically and without further notice
if you cease to be an employee of the Company and its affiliates prior to a Vest Date for any reason other than death, Disability, or involuntary termination without Cause. For purposes of this Award Agreement: </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top">&#147;Disability&#148; has the same meaning as in the Company&#146;s long-term disability plan; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="5%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top">&#147;Cause&#148; means a determination by the Company that you have been involved in fraud, misappropriation, embezzlement, commission of a crime or an act of moral turpitude, or have violated the Code of Business
Conduct, recklessly or willfully injured an employee, company property, business, or reputation, or have acted recklessly in the performance of your duties. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">b.</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE="font-family:Times New Roman; font-size:10pt">If the Company determines that you engaged in any Detrimental Activity during your employment with Convergys Corporation or during the two-year period
following the termination of such employment for any reason, (i)&nbsp;to the extent all or some of the Shares (and dividend equivalents) subject to this Award have not yet been delivered or paid, your right to receive such Shares (and dividend
equivalents) shall be forfeited and (ii)&nbsp;to the extent that Shares (and dividend equivalents) have been delivered or paid to you pursuant to this Award, the Company, in its sole discretion, may require you to pay back to it an amount equal to
the income recognized for federal income tax purposes, as reflected on form W-2, by reason of the issuance of such Shares </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="line-height:2.0pt;margin-top:0pt;margin-bottom:0pt;border-b