CenterPoint Energy 2014 Annual Report Download - page 176

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limited to, Dividend Equivalents) or from other cash compensation payable to the Participant at the time of such
vesting and delivery pursuant to Section 11 of the Plan.
(c) The distribution under this Section 4, whether in the form of shares of Common Stock or, if directed
by the Committee, in cash, shall satisfy the rights of the Participant and the obligations of the Company under
this RSU Award Agreement in full.
5.
Payment of Award Under Section 3.
Upon the vesting of the Participant's right to receive the
shares of Common Stock pursuant to Section 3 of this RSU Award Agreement, a number of shares of Common Stock
equal to the number of vested units of Common Stock under this RSU Award Agreement shall be registered in book-
entry form with the Company’s transfer agent in the name of the Participant not later than 70 days
after the applicable
vesting dates. The Company shall have the right to withhold applicable taxes from any such distribution of the Common
Stock (including, but not limited to, Dividend Equivalents) or from other cash compensation payable to the Participant at
the time of such vesting and delivery pursuant to Section 11 of the Plan.
If the units of Common Stock became vested pursuant to Section 3, upon the date of distribution of shares
of Common Stock in settlement of such units, the Participant shall also be entitled to receive Dividend Equivalents on
such shares of Common Stock for the period from the Grant Date to the date such shares of Common Stock are
distributed to the Participant.
6.
Confidentiality.
The Participant agrees that the terms of this RSU Award Agreement are
confidential and that any disclosure to anyone for any purpose whatsoever (save and except disclosure to financial
institutions as part of a financial statement, financial, tax and legal advisors, or as required by law) by the Participant or
his or her agents, representatives, heirs, children, spouse, employees or spokespersons shall be a breach of this RSU
Award Agreement and the Company may elect to revoke the grant made hereunder, seek damages, plus interest and
reasonable attorneys' fees, and take any other lawful actions to enforce this RSU Award Agreement.
7.
Notices
. For purposes of this RSU Award Agreement, notices to the Company shall be deemed to
have been duly given upon receipt of written notice by the Corporate Secretary of CenterPoint Energy, Inc., 1111
Louisiana, Houston, Texas 77002, or to such other address as the Company may furnish to the Participant.
Notices to the Participant shall be deemed effectively delivered or given upon personal, electronic, or
postal delivery of written notice to the Participant, the place of Employment of the Participant, the address on record for
the Participant at the human resources department of the Company, or such other address as the Participant hereafter
designates by written notice to the Company.
8.
Shareholder Rights.
The Participant shall have no rights of a shareholder with respect to the shares
of Common Stock granted pursuant to this RSU Award, unless and until the Participant is registered as the holder of
such shares of Common Stock.
3