NSTAR Amended and Restated Change in Control AgreementChange in Control Agreement • February 11th, 2008 • Nstar/Ma • Electric services • Massachusetts
WHEREAS, the Board of Trustees of the Company (the “Board”) has determined that it is in the best interests of the Company and its shareholders for the Company to agree to provide benefits under the circumstances described below to the Executive and other executives who are responsible for the policy-making functions of the Company and/or one or more of its subsidiaries and the overall viability of the business of the Company and its subsidiaries; and
Deferred Common Share/Dividend Equivalent Award, Stock Option Grant, Option Certificate and Performance Share Award/Dividend Equivalent Award Agreement Under the NSTAR 2007 Long Term Incentive PlanNstar/Ma • February 11th, 2008 • Electric services • Massachusetts
This Agreement evidences the award by the Company on January 24, 2008 to the Employee of: 1) the grant of the right to receive 7,500 common shares of the Company (“Common Shares “) on a deferred basis (the “Deferred Common Share Award”), together with the right to receive such additional Common Shares, on a deferred basis, equal in value to the dividends which would have been paid with respect to the Common Shares underlying the Deferred Share Award, had such Common Shares been issued to the Employee on January 24, 2008 (“Dividend Equivalent Common Shares”); 2) the grant by the Company to the Employee of the number of stock options set forth below; and 3) the grant of 7,500 Performance Share Units (together with related Dividend Equivalent Common Shares), all such grants hereby made under the terms and conditions set forth both in this Agreement and the Plan.
FORM OF Deferred Common Share/Dividend Equivalent Award, Stock Option Grant, Option Certificate and Performance Share Award/Dividend Equivalent Award Agreement Under the NSTAR 2007 Long Term Incentive PlanNstar/Ma • February 11th, 2008 • Electric services • Massachusetts
This Agreement evidences the award by the Company on January 24, 2008 to the Employee of: 1) the grant of the right to receive common shares of the Company (“Common Shares “) on a deferred basis (the “Deferred Common Share Award”), together with the right to receive such additional Common Shares, on a deferred basis, equal in value to the dividends which would have been paid with respect to the Common Shares underlying the Deferred Share Award, had such Common Shares been issued to the Employee on January 24, 2008 (“Dividend Equivalent Common Shares”); 2) the grant by the Company to the Employee of the number of stock options set forth below; and 3) the grant of Performance Share Units (together with related Dividend Equivalent Common Shares), all such grants hereby made under the terms and conditions set forth both in this Agreement and the Plan.
