0000950123-07-004785 Sample Contracts

RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • April 2nd, 2007 • Kbw, Inc. • Finance services • Delaware

THIS AGREEMENT, dated as of the 8th day of November, 2006, between KBW, Inc., a Delaware corporation (the “Corporation”), and the employee who is confirming agreement with these terms through the facility of the Employee Account Records web site, as defined below (the “Employee”).

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