CenterPoint Energy 2014 Annual Report Download - page 174

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Exhibit 10(ll)(6)
CENTERPOINT ENERGY, INC.
2009 LONG TERM INCENTIVE PLAN
FORM OF RESTRICTED STOCK UNIT AWARD AGREEMENT
Pursuant to this Restricted Stock Unit Award Agreement (this “RSU Award Agreement”
),
CENTERPOINT ENERGY, INC. (the "Company") hereby grants to [Name] (the “Participant”)
effective on the
Participant’s date of hire by the Company (the “Grant Date”),
a restricted stock unit award of [Number] units of
Common Stock of the Company (the "RSU Award"), pursuant to the
CENTERPOINT ENERGY, INC. 2009 LONG
TERM INCENTIVE PLAN
(the "Plan"), with such number of units being subject to adjustment as provided in Section
14 of the Plan, and further subject to the terms, conditions and restrictions described in the Plan and as follows:
1. Relationship to the Plan; Definitions.
This RSU Award is subject to all of the terms,
conditions and provisions of the Plan and administrative interpretations thereunder, if any, which have been adopted by
the Committee and are in effect on the date hereof. Except as defined herein, capitalized terms shall have the same
meanings ascribed to them under the Plan. To the extent that any provision of this RSU Award Agreement conflicts with
the express terms of the Plan, it is hereby acknowledged and agreed that the terms of the Plan shall control and, if
necessary, the applicable provisions of this RSU Award Agreement shall be hereby deemed amended so as to carry out
the purpose and intent of the Plan. References to the Participant herein also include the heirs or other legal
representatives of the Participant.
2.
Establishment of RSU Award Account.
The grant of units of Common Stock of the Company
pursuant to this RSU Award Agreement shall be implemented by a credit to a bookkeeping account maintained by the
Company evidencing the accrual in favor of the Participant of the unfunded and unsecured right to receive a
corresponding number of shares of Common Stock, which right shall be subject to the terms, conditions and restrictions
set forth in the Plan and to the further terms, conditions and restrictions set forth in this RSU Award Agreement. Except
as otherwise provided in Section 9 of this RSU Award Agreement, the units of Common Stock credited to the
Participant's bookkeeping account may not be sold, assigned, transferred, pledged or otherwise encumbered until the
Participant has been registered as the holder of such shares of Common Stock on the records of the Company as
provided in Section 4 or 5 of this RSU Award Agreement.
3.
Vesting of RSU Award.
Unless Participant receives a distribution pursuant to Section 4 below, the
Participant's right to receive shares of Common Stock under this RSU Award shall vest as follows:
(i)
[Number] units of Common Stock of the Company covered under the RSU Award shall vest
on the [Years] anniversary of the Grant Date; and
1