STOCK INCENTIVE PLAN 2008 AWARD AGREEMENTStock Incentive Plan 2008 Award Agreement • February 28th, 2008 • Plum Creek Timber Co Inc • Real estate investment trusts • Washington
Contract Type FiledFebruary 28th, 2008 Company Industry JurisdictionAGREEMENT made as of the 4th day of February 2008, between Plum Creek Timber Company, Inc., a Delaware corporation (the “Company”), and the individual identified on the Award Agreement Acceptance attached hereto (the “Acceptance”), an employee of Plum Creek Timberlands, L.P., a subsidiary of the Company (“Employee”). In recognition of the important contributions that Employee makes to the success of the Company, and in consideration of the mutual agreements and other matters set forth herein and in the Plum Creek Timber Company, Inc. Amended and Restated Stock Incentive Plan, as the same may be amended from time to time (as amended, the “Plan”), which Plan is incorporated herein by reference as a part of this Agreement, the Company hereby grants to Employee under the Plan the following long-term incentive awards on the terms and conditions set forth below.
FORM OF PLUM CREEK STOCK INCENTIVE PLAN DIRECTOR AWARD AGREEMENTPlum Creek Stock Incentive Plan Director Award Agreement • February 28th, 2008 • Plum Creek Timber Co Inc • Real estate investment trusts • Washington
Contract Type FiledFebruary 28th, 2008 Company Industry JurisdictionAGREEMENT made as of the _ day of February 200 , between Plum Creek Timber Company, Inc., a Delaware corporation (the “Company”), and [Name of Director], a member of the board of directors of the Company (“Director”). Terms used herein, unless otherwise defined herein, shall have the meanings ascribed to them in the Amended and Restated Plum Creek Timber Company, Inc. Stock Incentive Plan, as the same may be amended from time to time (as amended, the “Plan”). To carry out the purposes of the Plan by affording Director the opportunity to acquire shares of common stock, par value $.01 per share, of the Company (the “Stock”) and to receive certain other benefits under the Plan, and in consideration of the mutual agreements and other matters set forth herein and in the Plan, the Company and Director hereby agree as follows: