Chief Executive Officer Emergence Restricted Stock Agreement Sample Contracts

CALPINE CORPORATION AMENDED AND RESTATED CHIEF EXECUTIVE OFFICER EMERGENCE RESTRICTED STOCK AGREEMENT (Pursuant to the 2008 Equity Incentive Plan) RECITALS
Chief Executive Officer Emergence Restricted Stock Agreement • May 12th, 2008 • Calpine Corp • Electric services • Delaware

WHEREAS, on February 6, 2008 (the "Grant Date"), Calpine Corporation, a Delaware Corporation (the "Company") granted (the "Grant") to Robert P. May (the "Employee") 547,600 shares (the "Shares") of common stock, $0.001 par value of the Company ("Common Stock") which are subject to certain restrictions on transferability ("Restrictions") as set forth in the Chief Executive Officer Emergence Restricted Stock Agreement ("Restricted Stock Agreement") issued under the Corporation's 2008 Equity Incentive Plan ("Plan"); and

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