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GPS » Topics » STOCK UNIT AGREEMENT

This excerpt taken from the GPS 10-Q filed Sep 7, 2006.

STOCK UNIT AGREEMENT

The Gap, Inc. (the “Company”) hereby grants to                      (the “Director”), the number of Stock Units under the Company’s 2006 Long-Term Incentive Plan (the “Plan”) indicated below. This award is subject to all of the terms and conditions contained in this Agreement, including the terms and conditions contained in the attached Appendix A. The date of this Agreement is                     . Subject to the provisions of Appendix A and of the Plan, the principal features of this award are as follows:

 

Date of Grant:   ______
Number of Stock Units:   ______
Vesting of Stock Units (“Vesting Schedule”):   100% of the Stock Units shall be immediately vested upon the Date of Grant.

Your signature below indicates your agreement and understanding that this award is subject to all of the terms and conditions contained in Appendix A and the Plan. PLEASE BE SURE TO READ ALL OF APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AWARD.

IN WITNESS WHEREOF, the Company and the Director have executed this Agreement, in duplicate, to be effective as of the day and year first above written.

 

    THE GAP, INC.
Date:   __________________________    

____________________________________________________

     

Paul S. Pressler

President and Chief Executive Officer

 

My signature below indicates that I understand that this award is subject to all of the terms and conditions of this Agreement (including the attached Appendix A) and of the Plan.

 

   

DIRECTOR

Dated:   __________________________    

____________________________________________________

      Address: ____________________________________________
     

____________________________________________________

     

____________________________________________________

      Social Security No:   ___________________________________

This excerpt taken from the GPS 8-K filed Mar 23, 2006.

STOCK UNIT AGREEMENT

The Gap, Inc. (the “Company”) hereby grants to                      (the “Director”), the number of Stock Units under the Company’s 2006 Long-Term Incentive Plan (the “Plan”) indicated below. This award is subject to all of the terms and conditions contained in this Agreement, including the terms and conditions contained in the attached Appendix A. The date of this Agreement is                     . Subject to the provisions of Appendix A and of the Plan, the principal features of this award are as follows:

 

Date of Grant:

   

________

Number of Stock Units:

   

________

Vesting of Stock Units (“Vesting Schedule”):

   

100% of the Stock Units shall be immediately vested

upon the Date of Grant.

Your signature below indicates your agreement and understanding that this award is subject to all of the terms and conditions contained in Appendix A and the Plan. PLEASE BE SURE TO READ ALL OF APPENDIX A, WHICH CONTAINS THE SPECIFIC TERMS AND CONDITIONS OF THIS AWARD.

IN WITNESS WHEREOF, the Company and the Director have executed this Agreement, in duplicate, to be effective as of the day and year first above written.

 

   

THE GAP, INC.

Date:                     

        
   

Paul S. Pressler

   

President and Chief Executive Officer

My signature below indicates that I understand that this award is subject to all of the terms and conditions of this Agreement (including the attached Appendix A) and of the Plan.

 

   

DIRECTOR

Dated:                     

       
     

Address:

     
        
        
     

Social Security No:

     

EXCERPTS ON THIS PAGE:

10-Q
Sep 7, 2006
8-K
Mar 23, 2006

RELATED TOPICS for GPS:

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