Exhibit 10.1
M AXWELL T ECHNOLOGIES , I NC .
2005 O MNIBUS E QUITY I NCENTIVE P LAN :
N OTICE OF S TOCK U NIT A WARD
(N ON -E MPLOYEE D IRECTOR A UTOMATIC Q UARTERLY G RANTS )
You have been granted vested units
representing shares of Common Stock of Maxwell Technologies, Inc.
(the “Company”) on the following terms:
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Name of
Recipient:
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«Name»
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Total Number of
Units Granted:
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«TotalUnits»
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Date of
Grant:
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«DateGrant»
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You and the Company agree that these
units are granted under and governed by the terms and conditions of
the Maxwell Technologies, Inc. 2005 Omnibus Equity Incentive Plan
(the “Plan”) and the Stock Unit Agreement, both of
which are attached to and made a part of this document.
You further agree that the Company
may deliver by email all documents relating to the Plan or this
award (including, without limitation, prospectuses required by the
Securities and Exchange Commission) and all other documents that
the Company is required to deliver to its security holders
(including, without limitation, annual reports and proxy
statements). You also agree that the Company may deliver these
documents by posting them on a website maintained by the Company or
by a third party under contract with the Company. If the Company
posts these documents on a website, it will notify you by
email.
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R ECIPIENT :
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M
AXWELL T ECHNOLOGIES , I NC .
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By:
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Title:
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M AXWELL T ECHNOLOGIES , I NC .
2005 O MNIBUS E QUITY I NCENTIVE P LAN :
S TOCK U NIT A GREEMENT
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Payment for
Units
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No payment is
required for the units that you are receiving.
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Vesting
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The units are
vested in full at grant.
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Settlement
of Shares
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The units will be settled, meaning that for each
unit you have been granted one Share will be issued to you, on the
earliest to occur of the following:
• The February
15 th
next following the Date of
Grant,
• The sixtieth
(60 th
) day following termination of
y
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