Standard Contracts
CIT Group Inc. Long-Term Incentive Plan Stock Option Award Agreement “Participant”: [Name] “Date of Award”: [Date]Stock Option Award Agreement • March 16th, 2010 • Cit Group Inc • Finance lessors • Delaware
This Award Agreement, effective as of the Date of Award set forth above, represents the grant of Options by CIT Group Inc., a Delaware corporation (the “Company”), to the Participant named above, pursuant to the provisions of the Amended and Restated CIT Group Inc. Long-Term Incentive Plan (the “Plan”). All capitalized terms shall have the meanings ascribed to them in the Plan, unless specifically set forth otherwise herein.
CIT Group Inc. Long-Term Incentive Plan Restricted Stock Award AgreementRestricted Stock Award Agreement • March 16th, 2010 • Cit Group Inc • Finance lessors • Delaware
This Award Agreement, effective as of the Date of Award set forth above, represents the grant of Restricted Stock by CIT Group Inc., a Delaware corporation (the “Company”), to the Participant named above, pursuant to the provisions of the Amended and Restated CIT Group Inc. Long-Term Incentive Plan (the “Plan”). All capitalized terms shall have the meanings ascribed to them in the Plan, unless specifically set forth otherwise herein.
ContractRetention Award Agreement • March 16th, 2010 • Cit Group Inc • Finance lessors • Delaware
This Retention Award Agreement, effective as of the Date of Award set forth above, sets forth the grant of a deferred cash award (“Deferred Cash Award”) by CIT Group Inc., a Delaware corporation (the “Company”), to the Participant named above. A purpose of this Retention Award Agreement is to provide the Participant with an additional incentive to remain in the service of the Company through the two-year period ending on the second anniversary of the Date of Award (the “Retention Period”). This Award Agreement memorializes the terms and conditions of the action of the Committee on January 20, 2009 to grant the Deferred Cash Award. All capitalized terms used in this Award Agreement shall have the meanings ascribed to them in the CIT Group Inc. Long Term Incentive Plan, as may be amended from time to time (the “Plan”), unless specifically set forth otherwise herein.
CIT Group Inc. Long-Term Incentive Plan 2010 Annual Stock Salary Award AgreementLong-Term Incentive Plan Agreement • March 16th, 2010 • Cit Group Inc • Finance lessors • Delaware
CIT Group Inc., a Delaware corporation (“CIT” or the “Company”) is awarding the above-named Participant a regular, periodic grant of shares of Restricted Common Stock (“Annual Stock Salary”) pursuant to the Company’s Amended and Restated Long Term Incentive Plan (the “Plan”). Effective January 1, 2010, the Participant’s Annual Stock Salary will equal $650,000. References to “you” or “your” contained in this Award Agreement shall refer to the Participant. All capitalized terms shall have the meanings ascribed to them in the Plan, unless specifically set forth otherwise herein.
CIT GROUP INC. 505 Fifth Avenue New York, NY 10017Transition Agreement • March 16th, 2010 • Cit Group Inc • Finance lessors
This letter will confirm that your last day with CIT will be February 26, 2010 (the “Separation Date”). At that time, each of your positions as an officer and employee of CIT and its subsidiaries will cease.
