TEJON RANCH CO. RESTRICTED STOCK UNIT AGREEMENT Pursuant to theRestricted Stock Unit Agreement • March 16th, 2005 • Tejon Ranch Co • Real estate • California
This Restricted Stock Unit Agreement (this “Agreement”) is made and entered into as of the day of , 2004 (the “Date of Grant”) by and between Tejon Ranch Co., a Delaware corporation (the “Company”), and (“Grantee”). This Agreement is entered into pursuant to the Company’s 2004 Incentive Bonus Program (the “Bonus Program”) and the 1998 Stock Incentive Plan, as amended (the “Plan”). Unless otherwise defined in this Agreement, capitalized terms used herein have the meanings designated in the Plan.
TEJON RANCH CO. RESTRICTED STOCK AGREEMENT FOR DIRECTORS Pursuant to the Non- Employee Director Stock Incentive PlanRestricted Stock Agreement • March 16th, 2005 • Tejon Ranch Co • Real estate • California
This Restricted Stock Agreement (this “Agreement”) is made and entered into as of the day of , 2004 (the “Date of Grant”) by and between Tejon Ranch Co., a Delaware corporation (the “Company”), and (“Grantee”). This Agreement is entered into pursuant to the Company’s Non-Employee Director Stock Incentive Plan, as amended (the “Plan”). Unless otherwise defined in this Agreement, capitalized terms used herein have the meanings designated in the Plan.
