DELPHI 2011 Annual Report Download - page 210

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Attachment A
RSU Award Agreement
Terms and Conditions
Section 1. Grant of Award. Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants this Award to the
Participant on the Grant Date on the terms set forth on the cover page of this Agreement, as more fully described in this Attachment A. This Award is granted
under the Plan, which is incorporated herein by this reference and made a part of this Agreement.
Section 2. Vesting.
(a) Time-Based RSU Shares. Subject to Sections 3 and 4, one-third of the Time-Based RSU Shares shall vest on each of the Time-Based Vesting Dates.
(b) Performance-Based RSU Shares. Subject to Sections 3 and 4, the Performance-Based RSU Shares shall vest on the Performance-Based Vesting
Date, and the number of Earned Performance-Based RSU Shares shall be determined based on the performance of certain metrics during the Performance
Period (as determined by the Committee) in accordance with the formula set forth on Attachment B.
(c) Continuity Incentive RSU Shares. Subject to Sections 3 and 4, the Continuity Incentive RSU Shares shall vest in full on the final Time-Based
Vesting Date.
Section 3. Termination of Service. Subject to Section 4:
(a) Time-Based RSU Shares.
(i) Death; Disability; Termination Without Cause; Termination for Good Reason. If the Participant experiences a Termination of Service after the
first Time-Based Vesting date and prior to the final Time-Based Vesting Date (A) due to the Participant's death, (B) due to the Participant's Disability,
(C) by the Company without Cause or (D) by the Participant for Good Reason (each such circumstance being a "Qualifying Termination"), a pro rata
portion of the unvested Time-Based RSU Shares shall vest on the first Time-Based Vesting Date following such termination. Such pro rata portion shall
equal (A) the number of unvested Time-Based RSU Shares as of such termination, multiplied by (B) a fraction, the numerator of which shall be the
number of full months between the Time-Based Vesting Date that immediately precedes such termination and the termination date and the denominator
of
A-1