CenterPoint Energy 2014 Annual Report Download - page 158

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divided by
(ii) the Fair Market Value of the Common Stock on the relevant award date, rounded to the nearest
whole share."
"5.1 Initial Awards
: On or after the date an individual first becomes an Outside Director, at the
discretion of the Board, such Outside Director may be granted a one-
time, initial Stock Award consisting of the
right to receive the number of shares of Common Stock equal to the Stock Award Amount, as determined by the
Board, with such award subject to the terms, conditions and limitations set forth in this Plan;
provided, however,
that such Outside Director is then in office as of the grant date of such initial Stock Award. Any Stock Award
under this Section 5 . 1 shall be in addition to, and not in lieu of, any Stock Award granted under Section 5.2."
"5.2 Annual Awards
: As of each Annual Award Date, at the discretion of the Board, each Outside
Director then in office may be granted a Stock Award consisting of the right to receive the number of shares of
Common Stock equal to the Stock Award Amount, as determined by the Board, with such awards subject to the
terms, conditions and limitations set forth in this Plan."
IN WITNESS WHEREOF,
CenterPoint Energy, Inc. has caused these presents to be executed by its
duly authorized officer in a number of copies, all of which shall constitute one and the same instrument, which may be
sufficiently evidenced by any executed copy hereof, on this 28th day of December, 2014, and effective as of January 1,
2015.
2.
Section 5.1 of the Plan is hereby amended to read as follows:
3.
Section 5.2 of the Plan is hereby amended to read as follows:
CENTERPOINT ENERGY, INC.
By
/s/ Scott M. Prochazka
Scott M. Prochazka
President and Chief Executive Officer
ATTEST:
/s/ Vincent A. Mercaldi
Vincent A. Mercaldi
Assistant Corporate Secretary