0001094093-07-000075 Sample Contracts
RESTRICTED STOCK UNIT AWARD AGREEMENT Non-transferable GRANT TO (“Grantee”) by Progress Energy, Inc. (the “Sponsor”) of ____________Restricted Stock Unit Award Agreement • March 26th, 2007 • Carolina Power & Light Co • Electric services
Restricted Stock Units (the “Units”) representing the right to earn, on a one-for-one basis, shares of the Sponsor’s common stock (“Stock”), pursuant to and subject to the provisions of the Progress Energy, Inc. Amended and Restated 2002 Equity Incentive Plan (the “Plan”) and to the terms and conditions set forth on the following pages of this award agreement (“Agreement”). Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Plan.
