0000916457-14-000023 Sample Contracts

CALPINE CORPORATION RESTRICTED STOCK AGREEMENT Pursuant to the Amended and Restated 2008 Equity Incentive Plan
Restricted Stock Agreement • May 15th, 2014 • Calpine Corp • Electric services • Delaware

This Restricted Stock Agreement ("Agreement"), entered into on May 13, 2014 (the "Grant Date"), which is the date on which the Grant described below was approved by the Compensation Committee of the Board of Directors of Calpine Corporation between Calpine Corporation, a Delaware corporation (the "Corporation"), and John B. Hill, (the "Employee"). Except as otherwise provided herein, or unless the context clearly indicates otherwise, capitalized terms not otherwise defined herein shall have the same definitions as provided in the Plan.

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