EXHIBIT 10.6
MICROCHIP TECHNOLOGY
INCORPORATED
2004 EQUITY INCENTIVE
PLAN
NOTICE OF GRANT OF RESTRICTED
STOCK UNITS
Unless otherwise defined herein, the terms used
in this Notice of Grant of Restricted Stock Units (“Grant
Notice”) shall have the same meanings as those defined in the
2004 Equity Incentive Plan (the “Plan”).
You have been granted an Award of Restricted
Stock Units (“RSU/s”) subject to and in accordance with
the express terms and conditions of the Plan and the Restricted
Stock Unit Agreement attached hereto as Exhibit A
(“Agreement”). Each such RSU is equivalent to the right
to receive one share of Common Stock of the Company
(“Share”) for purposes of determining the number of
Shares subject to this Award. No Shares will be issued until the
vesting conditions of the Award described below are satisfied and
the restrictions lapse. This Award does not entitle Grantee to any
stockholder rights with respect to the underlying Shares until the
vesting conditions of the Award described below are satisfied and
the restrictions lapse. Additional terms of this Award are as
follows:
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Grant Number:
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Grant Date:
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Vest Begin Date:
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Vesting Period:
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Purchase Price Per RSU:
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$0.00 (USD)
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Total Number of RSUs Granted:
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Vesting Schedule . The
RSUs vest and all restrictions lapse
«vest_schedule» All vesting is contingent upon the
Grantee’s continual status as a Service Provider measured
from the Grant Date through the applicable Vest Date.
Termination Period
. This Award automatically terminates and
Grantee’s rights are forfeited with respect to any portion of
the RSUs unvested on the date Grantee ceases to be a Service
Provider. In no event shall this Award vest later than the Vesting
Schedule outlined above.
Choice of Languages For Employees of Canadian
Locations Only . The
undersigned agrees that it is his or her express wish that this
form and all documents relating to his participation in the
scheme be drawn in the English language only. Le soussigné
convient que sa volonté expresse est que ce formulaire ainsi
que tous les documents se rapportant à sa participation au
régime soient rédigés en langue anglaise
seulement.
Binding Agreements . By signature of Grantee and Company’s
representative below, the parties agree that this Grant Notice, the
Agreement, and the Plan constitute Grantee’s entire agreement
with respect to this Award and agree to be bound by the terms
therein. Grantee hereby agrees to accept as binding, conclusive and
final all decisions or interpretations of the Administrator upon
any questions relating to the Plan, the Agreement, and/or this
Award. This Award may be modified by the Company, but in
accordance with Section 21(c) of the Plan, it
may not be modified adversely to Grantee’s interest
except by means of a writing signed by the Company and Grantee. The
Company will administer the Plan from the United States of America.
The internal laws of the State of Arizona, United States of
America, but not its choice of law principles, will govern this
Award.
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GRANTEE
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MICROCHIP TECHNOLOGY INCORPORATED
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Signature:
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By:
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