Back to top

AFFILIATED COMPUTER SERVICES, INC. CLASS A COMMON STOCK NOTICE OF STOCK OPTION GRANT WITHIN CANADA

Option Agreement

AFFILIATED COMPUTER SERVICES, INC. CLASS A COMMON STOCK NOTICE OF STOCK OPTION GRANT WITHIN CANADA | Document Parties: AFFILIATED COMPUTER SERVICES INC You are currently viewing:
This Option Agreement involves

AFFILIATED COMPUTER SERVICES INC

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: AFFILIATED COMPUTER SERVICES, INC. CLASS A COMMON STOCK NOTICE OF STOCK OPTION GRANT WITHIN CANADA
Date: 8/28/2008
Industry: Computer Services     Sector: Technology

AFFILIATED COMPUTER SERVICES, INC. CLASS A COMMON STOCK NOTICE OF STOCK OPTION GRANT WITHIN CANADA, Parties: affiliated computer services inc
50 of the Top 250 law firms use our Products every day

Exhibit 10.21

AFFILIATED COMPUTER SERVICES, INC.
CLASS A COMMON STOCK

NOTICE OF STOCK OPTION GRANT
WITHIN CANADA (QUEBEC) TO

[NAME OF OPTIONEE]

 

       You have been granted an option to purchase Class A Common Stock of Affiliated Computer Services, Inc. (the “Company”) as follows:

 

 

 

 

 

 

 

Option Number

 

___

 

 

 

 

 

 

 

Date of Grant

 

___

 

 

 

 

 

 

 

Number of Shares

 

___

 

 

 

 

 

 

 

Option Price Per Share

 

$___

 

 

 

 

 

 

 

Term/Expiration Date

 

Earlier of 10 years from the Date of Grant or 90 days after termination of employment for any reason other than Retirement.

 

 

 

 

 

 

 

Vesting Schedule

 

[60% as of the date that is three years after the Date of Grant, and 20% annually on each anniversary of the Date of Grant thereafter,] [20% as of the date that is one year after the Date of Grant, and 20% annually on each anniversary of the Date of Grant thereafter,] or earlier in certain events as expressly provided in the Stock Option Agreement and 2007 Equity Incentive Plan.

 

 

 

 

 

 

 

Exercise Schedule

 

Options may be exercised on or after the date of vesting and until the expiration date.

By your signature and the signature of the Company’s representative below, you and the Company agree that this option is granted under and governed by the terms and conditions of the Stock Option Agreement and the Company’s 2007 Equity Incentive Plan attached hereto as Exhibit “A” and Exhibit “B”, respectively and made a part of this document.

 

 

 

 

 

 

 

 

 

AFFILIATED COMPUTER SERVICES, INC.

 

 

 

OPTIONEE:

 

 

 

 

 

 

 

 

 

 

 

BY:

 

 

 

 

 

 

 

 

 

 

 

TAS PANOS

 

 

 

 

[NAME OF OPTIONEE]

 

 

 

 

EXECUTIVE VICE PRESIDENT & GENERAL COUNSEL

 

 

 

 

 

 

 


 

The parties acknowledge that it is their express wish that the present agreement, as well as all documents, notices, and legal proceedings entered into, given, or instituted pursuant hereto or relating directly or indirectly hereto, be drawn up in English.

Les parties reconnaissent avoir exigé la rédaction en anglais de la présente convention, ainsi que de tous documents exécutés, avis donnés et procédures judiciaries intentées, directement ou indirectement, relativement à ou suite à la présente convention.

 

 

 

 

 

 

 

 

 

AFFILIATED COMPUTER SERVICES, INC.

 

 

 

OPTIONEE:

 

 

 

 

 

 

 

 

 

 

 

BY:

 

 

 

 

 

 

 

 

 

 

 

TAS PANOS

 

 

 

 

[NAME OF OPTIONEE]

 

 

 

 

EXECUTIVE VICE PRESIDENT & GENERAL COUNSEL

 

 

 

 

 

 

 


 

EXHIBIT “A”

AFFILIATED COMPUTER SERVICES, INC.

STOCK OPTION AGREEMENT FOR CANADA
(Quebec)

     THIS STOCK OPTION AGREEMENT (this “Agreement”), effective as of the date of the Award shall, along with the Plan (as hereafter defined), govern the terms of the Notice of Nonstatutory Stock Option Grant (“Notice of Grant”) by and between Affiliated Computer Services, Inc., a Delaware corporation (the “Company”), and the person (“Optionee”) to whom an option has been granted as identified in the grant header information set forth above the Notice of Grant (the information set forth in the grant header is hereinafter referred to as “Grant Information”). Capitalized terms not otherwise defined in this Agreement have the meanings ascribed to such terms in the Plan.

WITNESSETH

     WHEREAS, the Company has adopted the Affiliated Computer Services 2007 Equity Incentive Plan (the “Plan”), which provides for the grant of stock options to certain selected Non-Employee Directors, Employees and Consultants of the Company or its subsidiaries with respect to shares of the Company’s Class A Common Stock, par value $.01 per share (“Common Stock”);

     WHEREAS, the stock options provided for under the Plan are intended to comply with the requirements of Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”); and

     WHEREAS, the Company has selected Optionee to participate in the Plan and desires to award to Optionee the stock option described in this Agreement.

     NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants and agreements herein contained, as an inducement to Optionee to continue as a Non-Employee Director, Employee or Consultant of the Company or its subsidiaries and to promote the success of the business of the Company and its subsidiaries, the parties hereby agree as follows:

     1.  Grant of Option . The Company hereby grants to Optionee, upon the terms and subject to the conditions, limitations and restrictions set forth in this Agreement, the Plan (which Plan is incorporated herein by reference), and the Notice of Grant effective as of the date of the Award (“Award Date”) as set forth in the Grant Information, an option (the “Option”) to acquire a total number of shares of Common Stock (the “Shares”) and at the exercise price per share set forth in the Grant Information, such grant to be effective as of the Award Date. The Shares of Common Stock subject to the Option shall vest in accordance with the vesting schedule (the “Vesting Schedule”) set forth in the Grant Information and shall be exercisable in accordance with the exercise schedule (the “Exercise Schedule”) set forth in the Grant Information. If designated an Incentive Stock Option, this Option is intended to qualify as an Incentive Stock Option as defined in Section 422 of the Code.

Exhibit “A”
Affiliated Computer Services, Inc.
Stock Option Agreement (Quebec) — Page 1 of 6

 


 

     2.  Exercise of Option . This Option shall be exercisable during its term in accordance with the Exercise Schedule and with the provisions of Section 9 of the Plan as follows:

          (i) Right to Exercise .

               (a) The Option may not be exercised for a fraction of share.

               (b) In the event of the Optionee’s death, disability or other termination of employment, the exercisability of the Option is governed by Sections 9 and 11 of the Plan, subject to the limitation contained in subsections (c) and (d) of this Section 2(i).

               (c) In no event may the Option be exercised after the date of expiration of the term of the Option as set forth in the Grant Information.

               (d) The Option may be exercised only with respect to the vested portion thereof in accordance with the Grant Information.

          (ii) Method of Exercise . The Option shall be exercisable by written notice, which notice shall state Optionee’s election to exercise the Option and the number of Shares in respect of which the Option is being exercised. Such written notice shall be signed by Optionee and shall be delivered in person or by certified mail to the Secretary of the Company. The written notice shall be accompanied by payment of the exercise price payment by the Optionee and any income tax withholding obligation imposed on the Company or any Subsidiary and the Optionee’s share of social insurance, if any (or evidence satisfactory to the Company that such arrangements have been made to ensure that such amounts will be reimbursed to the Company or any Subsidiary). An Option shall be deemed to be exercised when written notice of such exercise has been received by the Company in accordance with the terms of the Option by the person entitled to exercise the Option and full payment for the Shares with respect to which the Option is exercised (and applicable tax, social insurance, and other withholding (or evidence of such arrangements described in the previous sentence)) has been received by the Company. Full payment may, as authorized by the Administrator, consist of any consideration and method of payment allowable under Section 8(b) of the Plan. Until the issuance (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company) of the stock certificate (or book entry shares) evidencing such Shares, no right to vote or receive dividends or any other rights as a stockholder shall exist with respect to the Optioned Stock, notwithstanding the exercise of the Option. The Company shall issue (or cause to be issued) such stock certificate (or book entry shares) promptly upon exercise of the Option. No adjustment will be made for a dividend or other right for which the record date is prior to the date the stock certificates (or book entry shares) are issued, except as provided in Section 14 of the Plan.

     3.  Method of Payment . Payment of the exercise price shall be made in cash or, as determined by the Administrator, in accordance with the terms and conditions of the Plan, including by check, promissory note or other Shares. In the event the payment is made in other Shares, then

Exhibit “A”
Affiliated Computer Services, Inc.
Stock Option Agreement (Quebec) — Page 2 of 6

 


 

such other Shares that have a Fair Market Value on the date of payment equal to the aggregate exercise price of the Optioned Stock with respect to which the Option is being exercised, provi


 
SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)


Try our advanced search >>
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates
Email:
This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more