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Exhibit
10.7(c)
ESMARK
INCORPORATED
DEFERRED STOCK
UNIT
AWARD
AGREEMENT
DIRECTOR
AWARD
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AWARDED TO
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AWARD DATE
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NUMBER OF
DEFERRED STOCK
UNITS
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ESMARK INCORPORATED
(the “Company”) hereby grants you (the
“Director”)
(
) deferred stock units (“Units”) pursuant to the Esmark
Incorporated Non-Employee Directors Deferred Compensation Plan (the
“Plan”) (this grant of Units is your
“Award”). The Company’s Board of Directors (the
“Board”) will administer this Award Agreement, and any
decision of the Board will be final and conclusive. Capitalized
terms not defined herein have the meanings provided in the
Plan.
The terms of your Award
are:
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Vesting of Units . The Units are fully vested and
nonforfeitable. |
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(a) |
Except as provided in Section 3, the Company will not
issue shares of Company Stock to the Director for Units
until |
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