ABM INDUSTRIES INCORPORATED RESTRICTED STOCK UNIT AGREEMENT FOR DIRECTORS 2006 EQUITY INCENTIVE PLAN
EXHIBIT 10.5
ABM INDUSTRIES INCORPORATED
RESTRICTED STOCK UNIT AGREEMENT FOR DIRECTORS
2006 EQUITY INCENTIVE PLAN
RESTRICTED STOCK UNIT AGREEMENT FOR DIRECTORS
2006 EQUITY INCENTIVE PLAN
The Board of Directors of ABM Industries Incorporated has approved a grant to you (the “Grantee”)
of Restricted Stock Units (“RSUs”) pursuant to the ABM Industries Incorporated 2006 Equity
Incentive Plan (the “Plan”), as described below.
Grantee Name: |
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Grantee Address: |
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Number of RSUs Granted: |
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Date of Grant: |
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Vesting Schedule: Provided you continue to provide services as a director of the Company through
the applicable vesting date, one-third of the RSUs will vest on the first anniversary date of this
grant; one-third of the RSUs will vest on the second anniversary date of this grant; and the
remaining RSUs will vest on the third anniversary date of this grant. The RSUs are subject to
earlier termination in certain circumstances, as set forth in the Plan and the Statement of Terms
and Conditions attached hereto.
By their signatures below, the Company and the Grantee agree that the RSUs are granted under and
governed by this Restricted Stock Unit Agreement and by the provisions of the Plan and the
Statement of Terms and Conditions attached hereto. The Plan and the Statement of Terms and
Conditions are incorporated herein by reference. Capitalized terms not defined herein shall have
the meanings ascribed to them in the Plan or in the Statement of Terms and Conditions, as
applicable.
The Grantee acknowledges receipt of a copy of the Plan, the Statement of Terms and Conditions and
the Plan Prospectus, represents that the Grantee has carefully read and is familiar with their
provisions, and hereby accepts the RSUs subject to all of their terms and conditions. The Grantee
acknowledges that there may be adverse tax consequences upon settlement of the RSUs or disposition
of the shares, if any, received in connection therewith and that Grantee should consult a tax
adviser prior to such settlement or disposition.
Please sign your name in the space provided below on this Restricted Stock Unit Agreement and
return an executed copy to Senior Vice President, Human Resources, ABM Industries Incorporated, 000
Xxxxxxx Xxx., Xxx. 000, Xxx Xxxxxxxxx, XX 00000.
ABM INDUSTRIES INCORPORATED | GRANTEE | |||||
By: |
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Date:
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Date: | |||||
ATTACHMENTS:
2006 Equity Incentive Plan
Statement of Terms and Conditions
Prospectus
Statement of Terms and Conditions
Prospectus