FORM OF AMENDMENT DATED AS OF DECEMBER 18, 2005 TO THE EXECUTIVE RETENTION EMPLOYMENT AGREEMENT (THE "AGREEMENT") DATED AS OF ___________, 200__ BY AND BETWEEN FPL GROUP, INC. (THE "COMPANY") AND _____________________ (THE "EXECUTIVE")Executive Retention Employment Agreement • February 23rd, 2006 • FPL Group Inc • Electric services • Florida
WHEREAS, the Company is considering entering into a Agreement and Plan of Merger among FPL Group, Inc., Constellation Energy Group, Inc. and Merger Sub that is expected to be dated on or about December 19, 2005 (the "Merger Agreement"); and
December 15, 2005 Lewis Hay, III Chairman, President and Chief Executive Officer FPL Group, Inc. 700 Universe Boulevard Juno Beach, FL 33408 Re: Employment by FPL Group, Inc., or its successors Dear Lew:Employment Agreement • February 23rd, 2006 • FPL Group Inc • Electric services
Regarding the Letter Agreement, dated as of February 25, 2005, between you and FPL Group, Inc. (the "Letter Agreement"), you and FPL Group, Inc., hereby agree to amend the Letter Agreement as follows:
FORM OF FPL GROUP, INC. EMPLOYEE RETENTION BONUS PLAN AGREEMENTEmployee Retention Bonus Plan Agreement • February 23rd, 2006 • FPL Group Inc • Electric services
This Retention Bonus Agreement (this "Agreement") is entered into as of ___________, 2006, between FPL Group, Inc. (the "Company") and __________ (the "Employee"). This Agreement is subject to the limitations and other terms and conditions set forth in the FPL Group, Inc. Employee Retention Bonus Plan (the "Plan").
AMENDMENT DATED AS OF DECEMBER 18, 2005 TO THE EXECUTIVE RETENTION EMPLOYMENT AGREEMENT (THE "AGREEMENT") DATED AS OF JUNE 17, 2002 BY AND BETWEEN FPL GROUP, INC. (THE "COMPANY") AND LEWIS HAY III (THE "EXECUTIVE")Executive Retention Employment Agreement • February 23rd, 2006 • FPL Group Inc • Electric services • Florida
WHEREAS, the Company is considering entering into a Agreement and Plan of Merger among FPL Group, Inc., Constellation Energy Group, Inc. and Merger Sub that is expected to be dated on or about December 19, 2005 (the "Merger Agreement"); and
FORM OF FPL GROUP, INC. AMENDED AND RESTATED LONG-TERM INCENTIVE PLAN DEFERRED STOCK AWARD AGREEMENTDeferred Stock Award Agreement • February 23rd, 2006 • FPL Group Inc • Electric services • Florida
