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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:
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Date of Grant:
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__________, 200__
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Number of Shares of Restricted Stock:
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Restricted Period:
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__________ through ________________
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Performance Goal:
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N/A
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Vesting Schedule:
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All of the Shares of Restricted Stock subject to this Award
shall vest on _________ if the Participant remains employed through
the Restricted Period.
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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
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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 . Except as provided otherwise
in Section 2 of this Annex A, if th
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