Attached files
| file | filename |
|---|---|
| S-1/A - FORM S-1/A - Financial Engines, Inc. | f52084a2sv1za.htm |
| EX-23.1 - EX-23.1 - Financial Engines, Inc. | f52084a2exv23w1.htm |
| EX-10.12 - EX-10.12 - Financial Engines, Inc. | f52084a2exv10w12.htm |
| EX-10.13 - EX-10.13 - Financial Engines, Inc. | f52084a2exv10w13.htm |
| EX-10.11 - EX-10.11 - Financial Engines, Inc. | f52084a2exv10w11.htm |
| EX-3.II.2 - EX-3.II.2 - Financial Engines, Inc. | f52084a2exv3wiiw2.htm |
Exhibit 10.14
FINANCIAL
ENGINES, INC.
2009 STOCK INCENTIVE PLAN
NOTICE OF RSU AWARD
You have been granted the following Restricted Stock Units (“RSUs”) representing Common Stock
of FINANCIAL ENGINES, INC. (the “Company”) under the Company’s 2009 Stock Incentive Plan (the
“Plan”).
| Name of Participant: | ||||
| Total Number of RSUs Granted: | ||||
| Date of Grant: | , | |||
| Vesting Commencement Date: | , | |||
| Vesting Schedule: | [1/8th of the RSUs subject to this Award vest when you complete each three-month period of continuous Service as an Employee or a Consultant from the Vesting Commencement Date.] |
By your signature and the signature of the Company’s representative below, you and the
Company agree that these RSUs are granted under and governed by the term and conditions of the Plan
and the RSU Agreement (the “Agreement”), both of which are attached to and made a part of this
document.
By signing this document you further agree that the Company may deliver by e-mail 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 e-mail.
| [NAME OF PARTICIPANT] | FINANCIAL ENGINES, INC. | |||||
| By: | ||||||
| Its: | ||||||
FINANCIAL ENGINES, INC.
2009 STOCK INCENTIVE PLAN
RSU AGREEMENT
Payment for RSUs
|
No cash payment is required for the RSUs you receive. You are receiving the RSUs in consideration for Services rendered by you. | |
Vesting
|
The RSUs that you are receiving will vest in
installments, as shown in the Notice of RSU Award. No additional RSUs vest after your Service as an Employee or a Consultant has terminated for any reason. |
|
Forfeiture
|
If your Service terminates for any reason, then your
Award expires immediately as to the number of RSUs
that have not vested before the termination date and
do not vest as a result of termination. This means that the unvested RSUs will immediately be cancelled. You receive no payment for RSUs that are forfeited. The Company determines when your Service terminates for this purpose and all purposes under the Plan and its determinations are conclusive and binding on all persons. |
|
Leaves of Absence
|
For purposes of this Award, your Service does not terminate when you go on a military leave, a sick leave or another bona fide leave of absence, if the leave of absence was approved by the Company in writing and if continued crediting of Service is required by the terms of the leave or by applicable law. But your Service terminates when the approved leave ends, unless you immediately return to active work. | |
Nature of RSUs
|
Your RSUs are mere bookkeeping entries. They represent only the Company’s unfunded and unsecured promise to issue Shares on a future date. As a holder of RSUs, you have no rights other than the rights of a general creditor of the Company. | |
No Voting Rights or Dividends |
Your RSUs carry neither voting rights nor rights to dividends. You, or your estate or heirs, have no rights as a stockholder of the Company unless and until your RSUs are settled by issuing Shares. No adjustments will be made for dividends or other rights if the applicable record date occurs before your Shares are issued, except as described in the Plan. |
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RSUs Nontransferable
|
You may not sell, transfer, assign, pledge or otherwise dispose of any RSUs. For instance, you may not use your RSUs as security for a loan. If you attempt to do any of these things, your RSUs will immediately become invalid. | |
Settlement of RSUs
|
Each of your vested RSUs will be settled when it vests. At the time of settlement, you will receive one Share for each vested RSU; provided, however, that no fractional Shares will be issued or delivered pursuant to the Plan or this Agreement, and the Committee will determine whether cash will be paid in lieu of any fractional Share or whether such fractional Share and any rights thereto will be canceled, terminated or otherwise eliminated. In addition, the Shares are issued to you subject to the condition that the issuance of the Shares not violate any law or regulation. |
|
Withholding Taxes and Stock Withholding |
No Shares will be distributed to you unless you have made arrangements acceptable to the Company to pay withholding taxes that may be due as a result of this Award or the settlement of the RSUs. These arrangements, at the sole discretion of the Company, may include (a) having the Company withhold taxes from the proceeds of the sale of the Shares, either through a voluntary sale or through a mandatory sale arranged by the Company (on your behalf pursuant to this authorization), (b) having the Company withhold Shares that otherwise would be distributed to you when the RSUs are settled having a Fair Market Value equal to the amount necessary to satisfy the minimum statutory withholding amount, or (c) any other arrangement approved by the Company. The Fair Market Value of any Shares withheld, determined as of the date when taxes otherwise would have been withheld in cash, will be applied as a credit against the withholding taxes. You also authorize the Company, or your actual employer, to satisfy all withholding obligations of the Company or your actual employer with respect to this Award from your wages or other cash compensation payable to you by the Company or your actual employer. | |
Restrictions on Resale
|
You agree not to sell any Shares at a time when applicable laws, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction will apply as long as your Service continues and for such period of time after the termination of your Service as the Company may specify. | |
No Retention Rights
|
Neither your Award nor this Agreement gives you the right to be employed or retained by the Company or a subsidiary of the Company in any capacity. The Company and its subsidiaries reserve the right to terminate your Service at any time, with or without |
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| cause. | ||
Adjustments
|
In the event of a stock split, a stock dividend or a similar change in Company Shares, the number of RSUs covered by this Award shall be adjusted pursuant to the Plan. | |
Successors and Assigns
|
Except as otherwise provided in the Plan or this Agreement, every term of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, legatees, legal representatives, successors, transferees and assigns. | |
Notice
|
Any notice required or permitted under this Agreement shall be given in writing and shall be deemed effectively given upon the earliest of personal delivery, receipt or the third full day following mailing with postage and fees prepaid, addressed to the other party hereto at the address last known in the Company’s records or at such other address as such party may designate by ten (10) days’ advance written notice to the other party hereto. | |
Applicable Law
|
This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to their choice-of-law provisions). | |
The Plan and Other Agreements |
The text of the Plan is incorporated in this Agreement by reference. All capitalized terms in this Agreement shall have the meanings assigned to them in the Plan. This Agreement and the Plan constitute the entire understanding between you and the Company regarding this Award. Any prior agreements, commitments or negotiations concerning this Award are superseded. This Agreement may be amended by the Committee without your consent; however, if any such amendment would materially impair your rights or obligations under the Agreement, this Agreement may be amended only by another written agreement, signed by you and the Company. |
BY SIGNING THE COVER SHEET OF THIS AGREEMENT,
YOU AGREE TO ALL OF THE TERMS AND CONDITIONS
DESCRIBED ABOVE AND IN THE PLAN.
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