SEC Contract Filing

Filing Date: 2018-02-22

Document Content:
<DOCUMENT>
<TYPE>EX-10.25
<SEQUENCE>3
<FILENAME>lksd-ex1025_964.htm
<DESCRIPTION>EX-10.25
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<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:bold;font-style:normal;text-transform:none;font-variant: normal;">Exhibit 10.25</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-align:center;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:bold;font-style:normal;text-transform:none;font-variant: normal;">LSC COMMUNICATIONS, INC.<br />RESTRICTED STOCK UNIT AWARD (2016 PIP)<br /></p>
<p style="margin-bottom:0pt;margin-top:0pt;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:7.81%;">This Restricted Stock Unit Award (&#8220;Award&#8221;) is granted as of <font style="font-weight:bold;">XXXXXX, 20XX</font> (the &#8220;Grant Date&#8221;), by LSC Communications, Inc., a Delaware corporation (the &#8220;Company&#8221;), to <font style="font-weight:bold;">XXXXXX </font>(&#8220;Grantee&#8221;).&nbsp;&nbsp; </p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:12pt;">&nbsp;</p>
<p style="margin-bottom:12pt;margin-top:0pt;text-indent:7.81%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1.<font style="margin-left:-1pt;"></font><font style="text-decoration:underline;color:#000000;">Grant of Award</font><font style="color:#000000;">.&nbsp;&nbsp;This Award is in recognition of your hard work and dedication to the Company and is granted as an incentive for Grantee to remain an employee of the Company and share in the future success of the Company.&nbsp;&nbsp;The Company hereby credits to Grantee </font><font style="font-weight:bold;color:#000000;">XXXXXX</font><font style="color:#FF0000;"> </font>restricted stock<font style="color:#000000;"> units (the &#8220;Restricted Stock Units&#8221;), subject to the restrictions and on the terms and conditions set forth herein.&nbsp;&nbsp;This Award is made pursuant to the provisions of the Company&#8217;s Amended and Restated 2016 Performance Incentive Plan (the &#8220;2016 PIP&#8221;).&nbsp;&nbsp;Capitalized terms not defined herein shall have the meanings ascribed to them in the 2016 PIP, unless specified otherwise.&nbsp;&nbsp;Grantee shall indicate acceptance of this Award by signing and returning a copy hereof.</font></p>
<p style="margin-bottom:12pt;margin-top:0pt;text-indent:7.81%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2.<font style="margin-left:-1pt;"></font><font style="text-decoration:underline;color:#000000;">Vesting; Distribution of Award</font><font style="color:#000000;">.&nbsp;&nbsp;</font></p>
<p style="margin-bottom:12pt;margin-top:0pt;margin-left:7.81%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(a)<font style="margin-left:0pt;"></font><font style="color:#000000;">Subject to</font> Sections<font style="color:#000000;"> 3 and 4 below, the Restricted Stock Units shall vest 100% on XXXXXX.&nbsp;&nbsp;</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:7.81%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(b)<font style="margin-left:0pt;"></font><font style="color:#000000;">As soon as practicable, but not more than 30 days following the vesting </font>date, the Company shall issue one share of common stock of the Company (&#8220;Common Stock&#8221;) to Grantee for each <font style="color:#000000;">Restricted </font>Stock Unit that has vested on such date.&nbsp;&nbsp;Each <font style="color:#000000;">Restricted </font>Stock Unit shall be cancelled<font style="color:#000000;"> upon the earlier to occur of the issuance of a share of Common Stock with respect thereto and the forfeiture of this Award prior to vesting.</font></p>
<p style="margin-bottom:0pt;margin-top:0pt;margin-left:7.81%;text-indent:0%;font-size:12pt;font-family:Times New Roman;">&nbsp;</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:7.81%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">3.<font style="margin-left:-1pt;"></font><font style="text-decoration:underline;color:#000000;">Treatment Upon </font><font style="text-decoration:underline;">Separation from Service.</font></p>
<p style="margin-top:12pt;margin-bottom:12pt;margin-left:7.81%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(a)<font style="margin-left:0pt;"></font><font style="color:#000000;">If </font>Grantee has a separation from service (within the meaning of Treasury Regulation &#167; 1.409A-1(h), hereinafter a &#8220;Separation from Service&#8221;) by reason of death or Disability (as defined in the applicable Company long-term disability policy as in effect at the time of Grantee&#8217;s disability), the <font style="color:#000000;">Restricted </font>Stock Units shall become fully vested of the date of such Separation from Service.</p>
<p style="margin-bottom:12pt;margin-top:0pt;margin-left:7.81%;text-indent:0%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(b)<font style="margin-left:0pt;"></font><font style="color:#000000;">If Grantee </font>has a Separation from Service other than as specified in Section 3(a) above or Section 4 below, the <font style="color:#000000;">Restricted </font>Stock Units, if unvested,<font style