TECO ENERGY, INC. Restricted Stock AgreementRestricted Stock Agreement • March 7th, 2006 • Tampa Electric Co • Electric services • Florida
TECO Energy, Inc. (the “Company”) and Sherrill W. Hudson (the “Grantee”) have entered into this Restricted Stock Agreement (the “Agreement”) dated under the Company’s 2004 Equity Incentive Plan (the “Plan”). Capitalized terms not otherwise defined herein have the meanings given to them in the Plan.
Form of Change-In-Control Severance Agreement Between TECO Energy, Inc. and Executive Officers Amended and Restated as of Feb. 17, 2006Change-in-Control Severance Agreement • March 7th, 2006 • Tampa Electric Co • Electric services • Florida
TECO Energy, Inc. (the “Company”) considers it essential to the best interests of its stockholders to foster the continuous employment of key management personnel. In this connection, the Board of Directors of the Company (the “Board”) recognizes that, as is the case with many publicly held corporations, the possibility of a change in control may exist and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of key management personnel to the detriment of the Company and its stockholders.
