FORM OF FPL GROUP, INC. AMENDED AND RESTATED LONG-TERM INCENTIVE PLAN SHAREHOLDER VALUE AWARD AGREEMENTShareholder Value Award Agreement Agreement • February 28th, 2005 • FPL Group Inc • Electric services • Florida
FORM OF EXECUTIVE RETENTION EMPLOYMENT AGREEMENTExecutive Retention Employment Agreement • February 28th, 2005 • FPL Group Inc • Electric services • Florida
Executive Retention Employment Agreement between FPL Group, Inc., a Florida corporation (the "Company"), and (the "Executive"), dated as of . The Board of Directors of the Company (the "Board") has determined that it is in the best interests of the Company and its shareholders to assure that the Company and its affiliated companies will have the continued dedication of the Executive, notwithstanding the possibility, threat or occurrence of a Potential Change of Control or a Change of Control (each as defined below) of the Company. The Board believes it is imperative to diminish the inevitable distraction of the Executive by virtue of the personal uncertainties and risks created by the circumstances surrounding a Potential Change of Control or a Change of Control and to encourage the Executive's full attention and dedication to the Company and its affiliated companies currently and in the event of any Potential Change of Control or Change of Control (and, under certain circumstances, in
EXECUTION COPY February 25, 2005 Lewis Hay, III Chairman, President and Chief Executive Officer FPL Group, Inc. Juno Beach, FL 33408FPL Group Inc • February 28th, 2005 • Electric services
FORM OF SPLIT DOLLAR AGREEMENT FOR EXECUTIVE OFFICERS OF FPL GROUP, INC.Split Dollar Agreement • February 28th, 2005 • FPL Group Inc • Electric services
THIS AGREEMENT, made as of this day of by and between FPL GROUP, INC., a Corporation with its principal place of business at 700 Universe Boulevard, Juno Beach, Florida 33408, (hereinafter referred to as the "Corporation"), and [ , (hereinafter referred to as the "Participant")] or [ ________ as Trustees of the __________ Trust (hereinafter referred to as "Trustee" and "Trust," respectively) as established by __________ (hereinafter referred to as the "Participant")]. WHEREAS, the Participant is a valued employee of the Corporation and the Corporation wishes to secure, for itself, the benefits of a continuing association with the Participant; and WHEREAS, the Participant is expected to perform his or her duties in a capable and efficient manner, resulting in substantial growth and productivity to the Corporation.
GENERIC FORM OF AMENDMENT TO EXECUTIVE RETENTION EMPLOYMENT AGREEMENTExecutive Retention Employment Agreement • February 28th, 2005 • FPL Group Inc • Electric services
The Executive Retention Employment Agreement, dated as of ______________, 2002 (the "Agreement") between FPL Group, Inc., a Florida corporation (the "Company") and ___________________ (the "Executive"), is hereby amended as set forth below, effective as of February _____, 2005.
