0001564590-16-024040 Sample Contracts

PROVIDENCE AND WORCESTER RAILROAD COMPANY NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • August 11th, 2016 • Providence & Worcester Railroad Co/Ri/ • Railroads, line-haul operating • Rhode Island

This Non-Qualified Stock Option Agreement (“Agreement”) is by and between PROVIDENCE AND WORCESTER RAILROAD COMPANY, a Rhode Island corporation with an office at 75 Hammond Street, Worcester, Massachusetts 01610 (the “Company”) and _________________________, the Company’s _______________________ (the “Optionee”).

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RESTRICTED STOCK UNIT AWARD AGREEMENT
Restricted Stock Unit Award Agreement • August 11th, 2016 • Providence & Worcester Railroad Co/Ri/ • Railroads, line-haul operating • Rhode Island

This Restricted Stock Unit Award Agreement (“Agreement”) is by and between PROVIDENCE AND WORCESTER RAILROAD COMPANY, a Rhode Island corporation with an office at 75 Hammond Street, Worcester, Massachusetts 01610 (the “Company”) and ________________ (the “Grantee”). Capitalized terms used in this Agreement and not otherwise defined herein shall have the meaning as set forth in the Providence and Worcester Railroad Company 2015 Equity Incentive Plan (the “Plan”).

PROVIDENCE AND WORCESTER RAILROAD COMPANY NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • August 11th, 2016 • Providence & Worcester Railroad Co/Ri/ • Railroads, line-haul operating

This Non-Qualified Stock Option Agreement (“Agreement”) is by and between PROVIDENCE AND WORCESTER RAILROAD COMPANY, a Rhode Island corporation with an office at 75 Hammond Street, Worcester, Massachusetts 01610 (the “Company”) and Optionee.

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