DELPHI 2011 Annual Report Download - page 191

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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 in the Chief Executive Officer Incentive Compensation Awards 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 RSU Award Agreement (the
"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.
Section 3. Termination of Service.
(a) Time-Based RSU Shares. Subject to Section 4:
(i) Death; Disability; Termination Without Cause; Termination for Good Reason; Retirement. 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, (D) by the Participant for Good Reason, or (E) due to the Participant's voluntary
termination following attainment of age 55 with at least ten years of service with the Company or its predecessors, all of the unvested Time-Based RSU
Shares shall vest on the Time-Based Vesting Date or Dates following such termination as if the Participant's employment continued through such dates.
(ii) Any Other Termination of Service. In the event of the Participant's Termination of Service (A) prior to the first Time-Based Vesting Date for
any reason, or (B) after the first Time-Based Vesting Date but prior to the final Time-Based Vesting Date for any reason other than as described in
clause (a)(i)(A) through (E) above, any unvested Time-Based RSU Shares shall be forfeited without any payment to the Participant.
A-1