FORM OF CITIGROUP 2015 EU IMMEDIATE AWARD AGREEMENTEu Immediate Award Agreement • October 30th, 2014 • Citigroup Inc • National commercial banks • New York
Citigroup Inc. (“Citigroup”) hereby grants to {NAME} (the “Participant”) the award described herein pursuant to the terms of the Discretionary Incentive and Retention Award Plan, as amended and restated effective as of January 1, 2015 (“DIRAP”). Half of the immediate component of your DIRAP award is paid currently in cash (the “Cash Payment”) and the remainder of your immediate award under DIRAP is delivered as stock units (the “Stock Unit Award”) subject to transfer restrictions. The Cash Payment and the Stock Unit Award together constitute your “Award.” The terms, conditions and restrictions of your Award are contained in this Award Agreement, including the attached Terms and Conditions (together, the “Agreement”).
