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RESTRICTED STOCK PLAN [DATES] PERIOD OF RESTRICTION RESTRICTED STOCK AGREEMENT

Purchase and Sale Agreement

RESTRICTED STOCK PLAN [DATES] PERIOD OF RESTRICTION RESTRICTED STOCK AGREEMENT | Document Parties: IDAHO POWER CO | IDACORP, Inc You are currently viewing:
This Purchase and Sale Agreement involves

IDAHO POWER CO | IDACORP, Inc

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Title: RESTRICTED STOCK PLAN [DATES] PERIOD OF RESTRICTION RESTRICTED STOCK AGREEMENT
Governing Law: Idaho     Date: 11/2/2006

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Exhibit 10(h)(vi)

 

IDACORP, Inc.

RESTRICTED STOCK PLAN

[DATES] PERIOD OF RESTRICTION

RESTRICTED STOCK AGREEMENT

(time vesting)

[Date]

[Name]
[Address]

In accordance with the terms of the IDACORP, Inc. Restricted Stock Plan (the "Plan"), pursuant to action of the Compensation Committee (the "Committee") of the Board of Directors, IDACORP, Inc. (the "Company") hereby grants to you (the "Participant"), subject to the terms and conditions set forth in this Restricted Stock Agreement (including Annex A hereto and all documents incorporated herein by reference), an award of restricted shares of Company common stock (the "Restricted Stock"), as set forth below:



Date of Grant:

__________, 200__

Number of Shares of Restricted Stock:

 

Restricted Period:

__________ through ________________

Performance Goal:

N/A

Vesting Schedule:

All of the Shares of Restricted Stock subject to this Award shall vest on _________ if the Participant remains employed through the Restricted Period.

THESE SHARES OF RESTRICTED STOCK ARE SUBJECT TO FORFEITURE AS PROVIDED IN ANNEX A AND THE PLAN.



[The Participant, in consideration of this grant of Restricted Stock, by affixing his signature hereto, specifically waives any rights he may have under Section 3.2, Change in Control, of the Plan, as it was in effect prior to July 20, 2006, and hereby consents to the use of the definition of Change in Control as amended on July 20, 2006, in connection with any prior grants made pursuant to the Plan and still outstanding on the date hereof.]

Further terms and conditions of the Award are set forth in Annex A hereto, which is an integral part of this Restricted Stock Agreement.

All terms, provisions and conditions applicable to the Award set forth in the Plan and not set forth herein are hereby incorporated by reference herein.  To the extent any provision hereof is inconsistent with the Plan, the Plan will govern.  The Participant hereby acknowledges receipt of a copy of this Restricted Stock Agreement including Annex A hereto and a copy of the Plan and agrees to be bound by all the terms and provisions hereof and thereof.

  

IDACORP, Inc.

By:______________________________

  

Agreed :

___________________________

Attachment:  Annex A

2



ANNEX A

TO

IDACORP, INC. RESTRICTED STOCK PLAN

RESTRICTED STOCK AGREEMENT

            It is understood and agreed that the Award of Restricted Stock evidenced by the Restricted Stock Agreement to which this is annexed is subject to the following additional terms and conditions:

1.         Forfeiture and Transfer Restrictions .

A.        Forfeiture Restrictions .  Exc


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