Restricted Stock Grant Notice and Agreement – Interactive Data Corp.
RESTRICTED STOCK GRANT NOTICE AND AGREEMENT
Igloo Holdings Corporation (the “Company“), pursuant to its 2010 Stock
Incentive Plan (the “Plan“), hereby grants to the Holder the number of
shares of Restricted Stock set forth below. The Restricted Stock is subject to
all of the terms and conditions as set forth in this Restricted Stock Grant
Notice and Agreement (this “Grant Notice“), as well as the terms and
conditions of the Plan, all of which are incorporated herein in their entirety.
Capitalized terms not otherwise defined herein shall have the same meaning as
set forth in the Plan.
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Holder: |
Andrew Prozes |
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Date of Grant: |
May 13, 2011 |
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Number of Shares of Restricted Stock: |
400,000 |
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Vesting Schedule: |
Twenty percent (20%) of the shares of Restricted Stock, rounded down to the |
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Termination of Service: |
Section 6(d) of the Plan regarding treatment of Restricted Stock upon |
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Repurchase Rights: |
Section 6(d) of the Plan regarding the Company153s right to repurchase |
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Stock (whether vested or unvested) shall immediately forfeit upon such |
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Shareholders Agreement: |
Prior to being issued any Restricted Stock, the Holder, to the extent not |
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Confidentiality Agreement: |
Concurrently with the execution of this Grant Notice, the Holder, to the |
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Section 280G: |
Modified Cutback. If any payment, benefit, or distribution of any type |
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Parachute Payments to be subject to the Excise Tax; provided that the |
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Determinations. (i) An initial determination as to whether (x) any of |
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(ii) For purposes of this provision, (A) no portion of the Parachute Payments |
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Additional Terms: |
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The Restricted Stock granted hereunder shall be registered in the Holder153s |
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Upon vesting of the Restricted Stock (or such other time that the Restricted |
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The Holder shall be the record owner of the Restricted Stock until or unless |
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This Grant Notice does not confer upon the Holder any right to continue as an |
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This Grant Notice shall be construed and interpreted in accordance with the |
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The Holder agrees that the Company may deliver by email all documents |
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Representations and Warranties of the Holder: |
The Holder hereby represents and warrants to the Company that: |
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The Holder understands that the Stock has not been registered under the |
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The Holder is an “accredited investor” as such term is defined in Rule 501(a) |
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Except as specifically provided herein or in the Plan, the Holder has no |
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The Holder has not seen, received, been presented with, or been solicited by |
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The Holder is familiar with the business and operations of the Company and |
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and its proposed activities, and has been afforded an opportunity to ask such |
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The Holder has been informed that the shares of Stock are restricted |
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The Holder is prepared to hold the shares of Stock for an indefinite period |
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[Signatures to appear on the following page.]
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THE UNDERSIGNED HOLDER ACKNOWLEDGES RECEIPT OF THIS GRANT NOTICE AND
THE PLAN, AND AS AN EXPRESS CONDITION TO THE GRANT OF RESTRICTED STOCK
HEREUNDER, AGREES TO BE BOUND BY THE TERMS OF THIS GRANT NOTICE AND THE PLAN.
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IGLOO HOLDINGS CORPORATION |
HOLDER |
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By: |
/s/ Vincent A. Chippari |
/s/ Andrew Prozes |
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Signature |
Signature |
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Title: |
Treasurer & Co-Secretary |
Date: May 5, 2011 |
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Date: May 13, 2011 |
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EXHIBIT A
CONFIDENTIALITY AGREEMENT
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