This excerpt taken from the XEL 10-Q filed Jul 29, 2005. Expiration of
Restricted Period. Upon
the expiration of the Restricted Period with respect to any Shares or lapse of
restrictions for any other reason as provided in this Agreement, Xcel Energy
shall cause the Shares released from restriction to be transferred to the
account of the Participant in Xcel Energys Dividend Reinvestment and Stock
Purchase Plan. If the Participant dies
before the restrictions lapse, and unless the Participant has directed
otherwise in writing delivered to the Xcel Energy Executive Compensation Department,
the certificates in respect of such restricted Shares shall be reissued and
delivered to the Participants legal spouse, otherwise to the estate free of
the restrictions referred to in paragraph 2 above and without the legend
provided for in paragraph 4 above.
7. |