ABM INDUSTRIES INCORPORATED RESTRICTED STOCK UNIT AGREEMENT 2006 EQUITY INCENTIVE PLAN
Exhibit 10.32
The Compensation Committee of 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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Number of RSUs Granted: |
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Date of Grant: |
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| Vesting Schedule: | 50% on the second anniversary of the Grant Date; remaining shares on the fourth anniversary of the Grant Date |
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Vesting Schedule: Provided you continue to provide services to the Company or any subsidiary or
parent of the Company through the applicable vesting date, the RSUs will vest and restrictions will
lapse as provided above. Unvested RSUs may be subject to forfeiture if you terminate employment
before the vesting date, as set forth in the Plan and the Statement of Terms and Conditions
attached hereto.
Additional Terms: ¨ If this box is checked, the additional terms and conditions set
forth on Attachment 1 hereto are applicable and are incorporated herein by reference. (No
document need be attached as Attachment 1).
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 Xxxxxx Xxxxxx, ABM Industries Incorporated, 000 Xxxxxxx Xxx., Xxx. 000,
Xxx Xxxxxxxxx, XX 00000.
| ABM INDUSTRIES INCORPORATED | GRANTEE | |||||||||||
By: |
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| Xxxxxx X. Xxxxxxxxx | ||||||||||||
| President & Chief Executive Officer | ||||||||||||
Date:
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Date: | |||||||||||
ATTACHMENTS:
2006 Equity Incentive Plan
Statement of Terms and Conditions
Prospectus
Statement of Terms and Conditions
Prospectus
