0000950137-08-006929 Sample Contracts

COVANTA HOLDING CORPORATION RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • May 7th, 2008 • Covanta Holding Corp • Cogeneration services & small power producers • Delaware

THIS AGREEMENT is made and entered into as of this 20th day of February, 2008 (the “Grant Date”) by and between Covanta Holding Corporation, a Delaware corporation (the “Company”), and (the “Employee”), pursuant to the Covanta Holding Corporation 2005 Equity Award Plan for Employees and Officers (the “Plan”). This Agreement and the award contained herein is subject to the terms and conditions set forth in the Plan, which are incorporated by reference herein, and the following terms and conditions:

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COVANTA HOLDING CORPORATION STOCK OPTION AGREEMENT FOR EMPLOYEES AND OFFICERS
Stock Option Agreement • May 7th, 2008 • Covanta Holding Corp • Cogeneration services & small power producers

THIS STOCK OPTION AGREEMENT, is made as of this ___day of , ___(the “Grant Date”) between Covanta Holding Corporation, a Delaware corporation (the “Company”), and (the “Optionee”). Capitalized terms used herein that are not otherwise defined shall have the meaning ascribed to them in the Covanta Holding Corporation 2005 Equity Award Plan for Employees and Officers (the “Plan”).

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