PEOPLE’S UNITED FINANCIAL, INC. STOCK OPTION AGREEMENT Granted to: (“you” or the “Participant”)Stock Option Agreement • December 7th, 2007 • People's United Financial, Inc. • Savings institution, federally chartered
In accordance with the terms of the People’s United Financial, Inc. 2007 Stock Option Plan (the “Plan”), People’s United Financial, Inc. (“People’s United”) is pleased to grant you a Non-Qualified Stock Option (the “Option”) to purchase shares of People’s United Common Stock (the “Optioned Shares”). The Option shall consist of two parts: a retention award equal to 55% of the Optioned Shares (the “Retention Award”), and a recognition award equal to the remaining 45% of the Optioned Shares (the “Recognition Award”). The Option is exercisable at the times specified in Section 3 of this Agreement, and is subject to the other terms and conditions contained in this Agreement and in the Plan.
PEOPLE’S UNITED FINANCIAL, INC. RESTRICTED STOCK AGREEMENT Granted to: (“you” or the “Participant”)Restricted Stock Agreement • December 7th, 2007 • People's United Financial, Inc. • Savings institution, federally chartered
In accordance with the terms of the People’s United Financial, Inc. 2007 Recognition and Retention Plan (the “Plan”), People’s United Financial, Inc. (“People’s United”) is pleased to grant you an award (the “Award”) of shares of People’s United Common Stock (the “Shares”). The Award shall consist of two parts: a retention award equal to 55% of the Award (the “Retention Award”), and a recognition award equal to the remaining 45% of the Award (the “Recognition Award”). The Shares granted to you under this Agreement are subject to the restrictions set forth in Section 3 hereof and to the other terms and conditions set forth in this Agreement and in the Plan.
PEOPLE’S UNITED FINANCIAL, INC. RESTRICTED STOCK AGREEMENT Granted to: (“you” or the “Participant”)Restricted Stock Agreement • December 7th, 2007 • People's United Financial, Inc. • Savings institution, federally chartered
In accordance with the terms of the People’s United Financial, Inc. 2007 Recognition and Retention Plan (the “Plan”), People’s United Financial, Inc. (“People’s United”) is pleased to grant you an award (the “Award”) of shares of People’s United Common Stock (the “Shares”). The Award shall consist of two parts: a retention award equal to 55% of the Award (the “Retention Award”), and a recognition award equal to the remaining 45% of the Award (the “Recognition Award”). The Shares granted to you under this Agreement are subject to the restrictions set forth in Section 3 hereof and to the other terms and conditions set forth in this Agreement and in the Plan.
