SEC Contract Filing

Filing Date: 2016-02-18

Document Content:
<DOCUMENT>
<TYPE>EX-10.Q
<SEQUENCE>7
<FILENAME>hum-20151231x10kxex10q.htm
<DESCRIPTION>EXHIBIT 10(Q)
<TEXT>
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<a name="s3839D68C3B17CE01EB4FE662DB271F11"></a><div></div><br><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">HUMANA INC.</font></div><div style="line-height:120%;text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">RSU &#8211; NS &#8211; NO RE</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">RESTRICTED STOCK UNIT AGREEMENT</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">AND AGREEMENT NOT TO SOLICIT</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">UNDER THE 2011 STOCK INCENTIVE PLAN</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:180%;text-align:justify;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">THIS RESTRICTED STOCK UNIT AGREEMENT</font><font style="font-family:inherit;font-size:10pt;">&#32;(</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">"Agreement"</font><font style="font-family:inherit;font-size:10pt;">) made as of &lt;award_date&gt;</font><font style="font-family:inherit;font-size:12pt;">&#32;</font><font style="font-family:inherit;font-size:10pt;">(the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Date of Grant</font><font style="font-family:inherit;font-size:10pt;">&#8221;) by and between </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">HUMANA INC.</font><font style="font-family:inherit;font-size:10pt;">, a corporation duly organized and existing under the laws of the State of Delaware (hereinafter referred to as the </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">"Company"</font><font style="font-family:inherit;font-size:10pt;">), and &lt;first_name&gt; &lt;middle_name&gt; &lt;last_name&gt;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">, </font><font style="font-family:inherit;font-size:10pt;">an employee of the Company (hereinafter referred to as </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">"Grantee"</font><font style="font-family:inherit;font-size:10pt;">).</font></div><div style="line-height:180%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">WITNESSETH:</font></div><div style="line-height:180%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">WHEREAS,</font><font style="font-family:inherit;font-size:10pt;">&#32;the Humana Inc. 2011 Stock Incentive Plan (the </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">"Plan"</font><font style="font-family:inherit;font-size:10pt;">) was approved by the Company's Board of Directors (the </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">"Board"</font><font style="font-family:inherit;font-size:10pt;">) and stockholders; and</font></div><div style="line-height:180%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">WHEREAS,</font><font style="font-family:inherit;font-size:10pt;">&#32;the Company desires to award to Grantee Restricted Stock Units in accordance with the Plan.</font></div><div style="line-height:180%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NOW, THEREFORE,</font><font style="font-family:inherit;font-size:10pt;">&#32;in consideration of the award of Restricted Stock Units to Grantee, the promises and mutual covenants hereinafter set forth, and other good and valuable consideration, the Company and Grantee agree as follows:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">I.&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">RESTRICTED STOCK UNIT GRANT</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:180%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">A.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Grant</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">.</font><font style="font-family:inherit;font-size:10pt;">&#32;&#32;Subject to the terms and conditions hereinafter set forth, and in accordance with the provisions of the Plan, the Company hereby grants to Grantee, and Grantee hereby accepts from the Company &lt;shares_awarded&gt; Restricted Stock Units. Each Restricted Stock Unit represents the right of the Grantee to recei