DEFERRED STOCK UNIT AGREEMENTDeferred Unit Award Agreement |
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Exhibit 4.7
DEFERRED STOCK UNIT AGREEMENT
Pursuant to Article Six of the RadioShack Corporation 2004 Deferred Stock Plan for Non-Employee Directors (the “Plan”), [Name of Non-Employee Director] (the “Grantee”), who as of the date hereof is an Eligible Director of RadioShack Corporation, a Delaware corporation (the “Company”), is hereby awarded 3,500 Deferred Stock Units (the “Deferred Stock Units”) upon the terms and conditions set forth below effective June 1, 2004. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Plan.
1. Each Deferred Stock Unit represents a hypothetical share of common stock in accordance with the Plan. The Deferred Stock Units shall be credited to the Grantee in an account established for the Grantee, and an amount equal to the amount of any dividend on the equivalent amount of common stock shall be paid to the Grantee in accordance with the Plan.
2. The Deferred Stock Units shall vest in accordance with Section 6.3 of the Plan and shall be paid in shares of common stock in accordance with Article Eight of the Plan.
3. The Deferred Stock Units shall not be sold, assigned, exchanged, pledged, hypothecated, transferred or otherwise disposed of (whether voluntarily or by operation of law), other than in accordance with the Plan.
4. Grantee shall have no voting rights or any other rights as a Stockholder with respect to the Deferred Stock Units, and Grantee shall have no rights as a Stockholder with respect to any shares of common stock issuable pursuant to the Deferred Stock Units until the dat






