0000950123-08-002207 Sample Contracts

RESTRICTED STOCK AGREEMENT

Restricted Stock Agreement • February 28th, 2008 • Kbw, Inc. • Security brokers, dealers & flotation companies • Delaware

• Contract Type
  Restricted Stock Agreement
• Filed
  February 28th, 2008
• Company
  Kbw, Inc.
• Industry
  Security brokers, dealers & flotation companies
• Jurisdiction
  Delaware

THIS AGREEMENT, between KBW, Inc., a Delaware corporation (the “Corporation”), and the employee (the “Employee”) executing this agreement (the “Agreement”), dated as of the Date of Grant (the “Grant Date”) in the letter dated February 5, 2008 (the “February 5 Notification Letter”) attached hereto (which letter insofar as it specifies Date of Grant (“Grant Date”), Number of Shares and Market Value as of Grant Date is expressly made a part hereof).

CHANGE IN CONTROL AGREEMENT

Change in Control Agreement • February 28th, 2008 • Kbw, Inc. • Security brokers, dealers & flotation companies • New York

• Contract Type
  Change in Control Agreement
• Filed
  February 28th, 2008
• Company
  Kbw, Inc.
• Industry
  Security brokers, dealers & flotation companies
• Jurisdiction
  New York

AGREEMENT, dated as of the first day of February, 2008 (this “Agreement”), by and between KBW, Inc., a Delaware corporation (the “Company”), and Mitchell B. Kleinman, Executive Vice President and General Counsel (the “Executive”).