U.S. $1,000,000,000 FIVE YEAR CREDIT AGREEMENT Dated as of April 21, 2005 Among UNITED PARCEL SERVICE, INC. as Borrower THE INITIAL LENDERS NAMED HEREIN as Initial Lenders and CITIGROUP GLOBAL MARKETS INC. and J.P. MORGAN SECURITIES INC. as Arrangers...Credit Agreement • May 10th, 2005 • United Parcel Service Inc • Trucking & courier services (no air) • New York
UNITED PARCEL SERVICE, INC., a Delaware corporation (the “Borrower”), the banks, financial institutions and other institutional lenders (collectively, the “Initial Lenders”) listed on the signature pages hereof, Citibank, N.A. (“Citibank”), as administrative agent (in such capacity, the “Agent”) for the Lenders (as hereinafter defined), JPMorgan Chase Bank, N.A., as syndication agent, Bank of America, N.A., Barclays Bank PLC and BNP Paribas, as co-documentation agents, and Citigroup Global Markets Inc. and J.P. Morgan Securities Inc., as joint arrangers and book managers (in such capacity, the “Arrangers”), agree as follows:
UNITED PARCEL SERVICE, INC. INCENTIVE COMPENSATION PLAN RESTRICTED STOCK AWARD AGREEMENT GRANTRestricted Stock Award Agreement • May 10th, 2005 • United Parcel Service Inc • Trucking & courier services (no air)
This Restricted Stock Award Agreement (the “Agreement”) evidences the grant by United Parcel Service, Inc., a Delaware corporation (“UPS”), in accordance with the United Parcel Service, Inc. Incentive Compensation Plan (the “Plan”) and the terms and conditions below, of ( ) shares of restricted class A common stock of UPS (together with any additional shares purchased pursuant to Section 2 of the Terms and Conditions hereof, the “Restricted Stock”) to , a non-management director of UPS (“Director”). This Restricted Stock grant (the “Award”) is granted effective as of , 2005, which is referred to as the “Grant Date.”
