Classmates.com 2008 Annual Report Download - page 153

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Exhibit 10.9
UNITED ONLINE, INC.
RESTRICTED STOCK UNIT ISSUANCE AGREEMENT
RECITALS
A.
The Board has adopted the Plan for the purpose of retaining the services of selected Employees and consultants and
other independent advisors who provide services to the Corporation (or any Parent or Subsidiary).
B.
Participant is to render valuable services to the Corporation (or a Parent or Subsidiary), and this Agreement is
executed pursuant to, and is intended to carry out the purposes of, the Plan in connection with the Corporation’s issuance of shares of Common
Stock to the Participant under the Plan.
C.
All capitalized terms in this Agreement shall have the meaning assigned to them in the attached Appendix A.
NOW, THEREFORE , it is hereby agreed as follows:
1.
Grant of Restricted Stock Units . The Corporation hereby awards to the Participant, as of the Award Date,
Restricted Stock Units under the Plan. Each Restricted Stock Unit represents the right to receive one share of Common Stock on the date that
unit vests in accordance with the express provisions of this Agreement. The number of shares of Common Stock subject to the awarded
Restricted Stock Units, the applicable vesting schedule for those shares, the dates on which those vested shares shall become issuable to
Participant and the remaining terms and conditions governing the award (the “Award”) shall be as set forth in this Agreement.
AWARD SUMMARY
2.
Limited Transferability . Prior to actual receipt of the Shares which vest hereunder, the Participant may not
transfer any interest in the Award or the underlying Shares. Any
Award Date:
<Award Date>
Number of Shares
Subject to Award:
<# of Shares Awarded> shares of Common Stock (the
“
Shares
”
)
Vesting Schedule:
<specify vesting schedule> (the
“
Normal Vesting Schedule
”
).
However, one or more Shares may be subject to
accelerated vesting in accordance with the provisions of Paragraph 5 of this Agreement.
Issuance Schedule
The Shares in which the Participant vests in accordance with the Normal Vesting Schedule shall be issued, subject to
the Corporation’s collection of all applicable Withholding Taxes, on the applicable vesting date specified for those
Shares in such Normal Vesting Schedule or as soon thereafter as administratively practicable, but in no event later
than the close of the calendar year in which such vesting date occurs or (if later) the fifteenth day of the third
calendar month following such vesting date. The Shares which vest pursuant to Paragraph 5 of this Agreement shall
be issued in accordance with the provisions of such Paragraph. The applicable Withholding Taxes are to be collected
pursuant to the procedures set forth in Paragraph 7 of this Agreement.