NU SKIN ENTERPRISES, INC. MASTER STOCK OPTION AGREEMENT (Director Option Agreement)Master Stock Option Agreement • August 9th, 2007 • Nu Skin Enterprises Inc • Wholesale-drugs, proprietaries & druggists' sundries
This Master Option Agreement (the “Agreement”) is made effective as of ____________ (the “Effective Date”), to __________________________ (the “Optionee”) under the Nu Skin Enterprises, Inc. 2006 Stock Incentive Plan (the “Plan”) by Nu Skin Enterprises, Inc., a Delaware corporation (“Nu Skin Enterprises”), under authority of the Plan Committee (the “Committee”). Capitalized terms used herein without definition and defined in the Plan have the same meanings as provided in the Plan.
NU SKIN ENTERPRISES, INC. 2006 STOCK INCENTIVE PLAN (DIRECTOR) MASTER RESTRICTED STOCK UNIT AGREEMENTMaster Restricted Stock Unit Agreement • August 9th, 2007 • Nu Skin Enterprises Inc • Wholesale-drugs, proprietaries & druggists' sundries • Utah
This Master Restricted Stock Unit Agreement (the “Agreement”) is made and entered into effective as of __________________ by and between Nu Skin Enterprises, Inc., a Delaware corporation (the “Company” ), and ___________________ (“Director”) subject to the terms and conditions of the Nu Skin Enterprises, Inc. 2006 Stock Incentive Plan (the “Plan”). In the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Agreement, the terms and conditions of the Plan shall prevail. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Agreement.
KEY-EMPLOYEE COVENANTS (“AGREEMENT”)Key Employee Covenants • August 9th, 2007 • Nu Skin Enterprises Inc • Wholesale-drugs, proprietaries & druggists' sundries • Utah
Nu Skin Enterprises, Inc. and its affiliated companies (“Company”) operate in a highly competitive direct sales, multilevel marketplace competing for product market share as well as recruitment and retention of independent distributors. The success of Company depends on maintaining a competitive edge in this industry through the introduction of innovative products and attracting and retaining distributors. Accordingly, as a condition of and in consideration of employment or continued employment with Company, the parties hereby acknowledge and agree as follows:
