Non-Employee Directors Equity Plan Restricted Stock Agreement Sample Contracts

Contract
Non-Employee Directors Equity Plan Restricted Stock Agreement • October 28th, 2008 • Kaydon Corp • Ball & roller bearings • Delaware

This Restricted Stock Agreement (the “Agreement”) is made as of _____ (the “Grant Date”) between KAYDON CORPORATION, a Delaware corporation (the “Company”), and (“Grantee”). Pursuant to the Kaydon Corporation 2003 Non-Employee Directors Equity Plan (the “Plan”) the Grantee has been granted shares of common stock of the Company, subject to the terms and conditions contained in this Agreement and in the Plan. Capitalized terms not otherwise defined herein shall have the meanings given to them in the Plan.

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