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Baltimore Gas & Electric Co, et al. – ‘10-K’ for 12/31/10 – ‘EX-10.X’

On:  Tuesday, 3/1/11, at 7:00am ET   ·   For:  12/31/10   ·   Delayed-Release:  Document/Exhibit  –  Release Delayed   ·   Accession #:  1047469-11-1579   ·   File #s:  1-01910, 1-12869

Previous ‘10-K’:  ‘10-K’ on 2/26/10 for 12/31/09   ·   Next:  ‘10-K’ on 2/29/12 for 12/31/11   ·   Latest:  ‘10-K’ on 2/21/24 for 12/31/23   ·   3 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/01/11  Baltimore Gas & Electric Co       10-K12/31/10  130:41M                                    Toppan Merrill-FA
          Constellation Energy Group Inc

Annual Report   —   Form 10-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   2.75M 
130: COVER     ¶ Comment-Response or Cover Letter to the SEC         HTML     40K  
 2: EX-10.(S)   Material Contract                                   HTML     56K 
 3: EX-10.(T)   Material Contract                                   HTML     61K 
 4: EX-10.X     Material Contract                                   HTML     42K 
 7: EX-21       Subsidiaries List                                   HTML     40K 
 8: EX-23.(A)   Consent of Experts or Counsel                       HTML     38K 
 9: EX-23.(B)   Consent of Experts or Counsel                       HTML     36K 
18: EX-99.(A)   Miscellaneous Exhibit                               HTML    685K 
 5: EX-12.(A)   Statement re: Computation of Ratios                 HTML     53K 
 6: EX-12.(B)   Statement re: Computation of Ratios                 HTML     54K 
10: EX-31.(A)   Certification -- §302 - SOA'02                      HTML     39K 
11: EX-31.(B)   Certification -- §302 - SOA'02                      HTML     39K 
12: EX-31.(C)   Certification -- §302 - SOA'02                      HTML     39K 
13: EX-31.(D)   Certification -- §302 - SOA'02                      HTML     39K 
14: EX-32.(A)   Certification -- §906 - SOA'02                      HTML     36K 
15: EX-32.(B)   Certification -- §906 - SOA'02                      HTML     36K 
16: EX-32.(C)   Certification -- §906 - SOA'02                      HTML     36K 
17: EX-32.(D)   Certification -- §906 - SOA'02                      HTML     36K 
100: XML         IDEA XML File -- Definitions and References          XML    668K  
118: XML         IDEA XML File -- Filing Summary                      XML    554K  
113: XML.R1      Consolidated Statements of Income (Loss)             XML    470K  
                (Constellation Energy Group, Inc. and                            
                Subsidiaries)                                                    
114: XML.R2      Consolidated Balance Sheets (Constellation Energy    XML    715K  
                Group, Inc. and Subsidiaries)                                    
64: XML.R3      Consolidated Balance Sheets (Parenthetical)          XML     97K 
                (Constellation Energy Group, Inc. and                            
                Subsidiaries)                                                    
74: XML.R4      Consolidated Statements of Cash Flows                XML    833K 
                (Constellation Energy Group, Inc. and                            
                Subsidiaries)                                                    
98: XML.R5      Consolidated Statements of Common Shareholders'      XML   1.71M 
                Equity and Comprehensive Income (Loss)                           
                (Constellation Energy Group, Inc. and                            
                Subsidiaries)                                                    
93: XML.R6      Consolidated Statements of Common Shareholders'      XML    250K 
                Equity and Comprehensive Income (Loss)                           
                (Parenthetical) (Constellation Energy Group, Inc.                
                and Subsidiaries)                                                
124: XML.R7      Significant Accounting Policies                      XML    195K  
38: XML.R8      Other Events                                         XML    222K 
92: XML.R9      Information by Operating Segment                     XML    147K 
33: XML.R10     Investments                                          XML    168K 
32: XML.R11     Intangible Assets                                    XML    128K 
63: XML.R12     Regulatory Assets (Net)                              XML     90K 
107: XML.R13     Pension, Postretirement, Other Postemployment, and   XML    301K  
                Employee Savings Plan Benefits                                   
66: XML.R14     Credit Facilities and Short-Term Borrowings          XML     89K 
70: XML.R15     Capitalization                                       XML    157K 
87: XML.R16     Taxes                                                XML    151K 
129: XML.R17     Leases                                               XML     88K  
55: XML.R18     Commitments, Guarantees, and Contingencies           XML    122K 
25: XML.R19     Derivatives and Fair Value Measurements              XML    511K 
73: XML.R20     Stock-Based Compensation                             XML    135K 
104: XML.R21     Merger and Acquisitions                              XML     87K  
45: XML.R22     Related Party Transactions                           XML     84K 
99: XML.R23     Quarterly Financial Data (Unaudited)                 XML    151K 
71: XML.R24     Schedule Ii-Valuation and Qualifying Accounts        XML    100K 
123: XML.R25     Significant Accounting Policies (Policies)           XML    317K  
109: XML.R26     Significant Accounting Policies (Tables)             XML    132K  
77: XML.R27     Other Events (Tables)                                XML    190K 
88: XML.R28     Information by Operating Segment (Tables)            XML    141K 
31: XML.R29     Investments (Tables)                                 XML    191K 
35: XML.R30     Intangible Assets (Tables)                           XML    159K 
48: XML.R31     Regulatory Assets (Net) (Tables)                     XML     77K 
59: XML.R32     Pension, Postretirement, Other Postemployment, and   XML    381K 
                Employee Savings Plan Benefits (Tables)                          
86: XML.R33     Credit Facilities and Short-term Borrowings          XML     90K 
                (Tables)                                                         
108: XML.R34     Capitalization (Tables)                              XML    172K  
29: XML.R35     Taxes (Tables)                                       XML    179K 
39: XML.R36     Leases (Tables)                                      XML     99K 
115: XML.R37     Commitments, Guarantees, and Contingencies           XML    109K  
                (Tables)                                                         
122: XML.R38     Derivatives and Fair Value Measurements (Tables)     XML    517K  
79: XML.R39     Stock-Based Compensation (Tables)                    XML    158K 
126: XML.R40     Merger and Acquisitions (Tables)                     XML     96K  
40: XML.R41     Related Party Transactions (Tables)                  XML     89K 
128: XML.R42     Quarterly Financial Data (Unaudited) (Tables)        XML    129K  
50: XML.R43     Schedule Ii - Valuation and Qualifying Accounts      XML    100K 
                (Tables)                                                         
26: XML.R44     Significant Accounting Policies (Details)            XML    531K 
49: XML.R45     Significant Accounting Policies (Details 2)          XML    243K 
103: XML.R46     Significant Accounting Policies (Details 3)          XML    320K  
121: XML.R47     Significant Accounting Policies (Details 4)          XML    210K  
68: XML.R48     Other Events (Details)                               XML   2.13M 
52: XML.R49     Other Events (Details 2)                             XML    605K 
85: XML.R50     Other Events (Details 3)                             XML    946K 
30: XML.R51     Other Events (Details 4)                             XML   2.75M 
90: XML.R52     Other Events (Details 5)                             XML    337K 
53: XML.R53     Other Events (Details 6)                             XML    380K 
37: XML.R54     Other Events (Details 7)                             XML    175K 
120: XML.R55     Information by Operating Segment (Details)           XML   4.64M  
117: XML.R56     Information by Operating Segment (Details 2)         XML     80K  
62: XML.R57     Investments (Details)                                XML    428K 
44: XML.R58     Investments (Details 2)                              XML    500K 
111: XML.R59     Investments (Details 3)                              XML    152K  
34: XML.R60     Investments (Details 4)                              XML    796K 
94: XML.R61     Investments (Details 5)                              XML    930K 
91: XML.R62     Investments (Details 6)                              XML    864K 
116: XML.R63     Intangible Assets (Details)                          XML    148K  
112: XML.R64     Intangible Assets (Details 2)                        XML    723K  
125: XML.R65     Intangible Assets (Details 3)                        XML    371K  
42: XML.R66     Regulatory Assets (Net) (Details)                    XML   1.72M 
61: XML.R67     Pension, Postretirement, Other Postemployment, and   XML    764K 
                Employee Savings Plan Benefits (Details)                         
83: XML.R68     Pension, Postretirement, Other Postemployment, and   XML    950K 
                Employee Savings Plan Benefits (Details 2)                       
72: XML.R69     Pension, Postretirement, Other Postemployment, and   XML    682K 
                Employee Savings Plan Benefits (Details 3)                       
84: XML.R70     Pension, Postretirement, Other Postemployment, and   XML    415K 
                Employee Savings Plan Benefits (Details 4)                       
127: XML.R71     Pension, Postretirement, Other Postemployment, and   XML   1.59M  
                Employee Savings Plan Benefits (Details 5)                       
43: XML.R72     Pension, Postretirement, Other Postemployment, and   XML    950K 
                Employee Savings Plan Benefits (Details 6)                       
51: XML.R73     Pension, Postretirement, Other Postemployment, and   XML    806K 
                Employee Savings Plan Benefits (Details 7)                       
47: XML.R74     Credit Facilities and Short-term Borrowings          XML    686K 
                (Details)                                                        
80: XML.R75     Capitalization (Details)                             XML   1.53M 
89: XML.R76     Capitalization (Details 2)                           XML   1.02M 
76: XML.R77     Capitalization (Details 3)                           XML   1.62M 
69: XML.R78     Capitalization (Details 4)                           XML    547K 
41: XML.R79     Capitalization (Details 5)                           XML    808K 
27: XML.R80     Taxes (Details)                                      XML    414K 
81: XML.R81     Taxes (Details 2)                                    XML    620K 
60: XML.R82     Leases (Details)                                     XML    783K 
75: XML.R83     Commitments, Guarantees, and Contingencies           XML    362K 
                (Details)                                                        
102: XML.R84     Commitments, Guarantees, and Contingencies           XML    236K  
                (Details 2)                                                      
97: XML.R85     Commitments, Guarantees, and Contingencies           XML    901K 
                (Details 3)                                                      
56: XML.R86     Derivatives and Fair Value Measurements (Details)    XML    936K 
106: XML.R87     Derivatives and Fair Value Measurements (Details     XML   1.90M  
                2)                                                               
95: XML.R88     Derivatives and Fair Value Measurements (Details     XML   2.21M 
                3)                                                               
46: XML.R89     Derivatives and Fair Value Measurements (Details     XML    149K 
                4)                                                               
67: XML.R90     Derivatives and Fair Value Measurements (Details     XML   1.48M 
                5)                                                               
96: XML.R91     Derivatives and Fair Value Measurements (Details     XML    645K 
                6)                                                               
54: XML.R92     Derivatives and Fair Value Measurements (Details     XML    265K 
                7)                                                               
110: XML.R93     Stock-Based Compensation (Details)                   XML    533K  
58: XML.R94     Stock-Based Compensation (Details 2)                 XML    714K 
101: XML.R95     Stock-Based Compensation (Details 3)                 XML    506K  
82: XML.R96     Merger and Acquisitions (Details)                    XML   1.25M 
28: XML.R97     Related Party Transactions (Details)                 XML   1.22M 
57: XML.R98     Quarterly Financial Data (Unaudited) (Details)       XML    620K 
105: XML.R99     Quarterly Financial Data (Unaudited) (Details 2)     XML   2.03M  
36: XML.R100    Schedule Ii - Valuation and Qualifying Accounts      XML    469K 
                (Details)                                                        
78: XML.R101    Document and Entity Information                      XML    225K 
119: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   4.16M  
19: EX-101.INS  XBRL Instance -- ceg-20101231                        XML   6.52M 
21: EX-101.CAL  XBRL Calculations -- ceg-20101231_cal                XML    604K 
24: EX-101.DEF  XBRL Definitions -- ceg-20101231_def                 XML   3.12M 
22: EX-101.LAB  XBRL Labels -- ceg-20101231_lab                      XML   8.01M 
23: EX-101.PRE  XBRL Presentations -- ceg-20101231_pre               XML   3.62M 
20: EX-101.SCH  XBRL Schema -- ceg-20101231                          XSD    842K 
65: ZIP         XBRL Zipped Folder -- 0001047469-11-001579-xbrl      Zip    770K 


‘EX-10.X’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]




Exhibit No. 10(x)

 

Stock Unit with Sale Restriction Agreement (“Agreement”)

 

You have been granted Constellation Energy Group, Inc. (“Constellation Energy”) common stock units with sale restrictions (“Stock Units”) under the Constellation Energy Group, Inc. Long-Term Incentive Plan (the “Plan”) as shown in section A “Award Summary” (“Summary”).  The amount of the Award is shown as “Awarded” in the Summary.  Your Award is subject to the following conditions.  All capitalized terms, which are not otherwise defined in this Agreement, will have the meaning specified in the Plan.

 

1.               Each Stock Unit entitles you to receive, on the “Restriction Lapse Date” (see “Vesting Schedule” in the Summary), one share of Constellation Energy common stock (“Common Stock”). Under current tax law, you are not subject to tax on your Stock Units until the Restriction Lapse Date.

 

2.               Prior to the Restriction Lapse Date, on any date that Constellation Energy pays dividends with respect to the Common Stock, Constellation Energy shall credit you with a number of Stock Units equal to:

 

(i)                                     the number of your Stock Units on the dividend record date times

(ii)                                  the dividend rate per share, divided by

(iii)                               the per share reinvestment price. This price will be based either on the price for shares bought in the open market or the price for shares bought directly from Constellation Energy.  The per share reinvestment price for shares bought on the open market will be the weighted average price per share (plus brokerage commission and fees) of the total number of shares purchased with reinvested dividends.  The purchase price for shares bought directly from Constellation Energy is the average of the high and low sale prices of shares on the investment date, or, if the stock is not traded on that date, the prices from the previous trading day.

 

These dividend-based additional Stock Units are subject to the same rules and restrictions as Stock Units originally granted to you.

 

3.               Your Stock Units are fully and immediately vested; however, you may not sell, transfer, pledge or hypothecate the Stock Units prior to your separation from service. Prior to the Restriction Lapse Date, you will have no voting rights with respect to the Stock Units.

 

4.               You are required to comply with Constellation Energy’s Insider Trading Policy at all times, including in connection with the sale or transfer of unrestricted shares.  If you contemplate the sale or transfer (for example to a family member) of any shares, please first review the Constellation Energy Insider Trading Policy. If you need a copy of the policy, you should contact the SEC-related person specified below.

 

5.               Following the Restriction Lapse Date, Constellation Energy shall cause to be issued to you shares of Common Stock equal to the number of your Stock Units (including dividend-based additional Stock Units). Under current tax law, you will be subject to applicable federal, state and local income taxes and Social Security and Medicare taxes on the Restriction Lapse Date based on an amount equal to the number of shares of Common Stock issued to you times the fair market value per share on the Restriction Lapse Date. Constellation Energy will be required to withhold applicable taxes in such form and manner as provided in the Plan at such time. You should consult your tax advisor regarding any tax issues. The total shares you receive will be rounded to the nearest whole share.

 

6.               Amounts granted pursuant to this Agreement are not eligible compensation for benefit purposes except for computing retirement benefits under the Constellation Energy Group, Inc. Senior Executive Supplemental Plan.

 

7.               Neither this Agreement nor the Award constitutes a contract of employment between Constellation Energy or any Subsidiary and you, and neither will be deemed to be consideration for, or a condition of, your continued employment.

 



 

8.               The Award is granted pursuant to the Plan, the terms of which are incorporated in this Agreement by reference. The Award will in all respects be interpreted in accordance with the Plan.  The Plan Administrator will interpret and construe the Plan and this Agreement, and its interpretations and determinations will be conclusive and binding on the parties and any other person claiming an interest with respect to any issue arising under the Agreement.

 

9.               The provisions of this Agreement are severable. If any one or more provisions are determined to be illegal or otherwise unenforceable, in whole or in part, the remaining provisions will nevertheless be binding and enforceable.

 

Please read the Plan carefully as it contains many other provisions relating to your Award. If you have any questions, please do not hesitate to call:

 

General

 

SEC-related

 

Tax-related

Laurelle Martineau

 

Sean Klein

 

Ed Stoltz

(xxx) xxx-xxxx

 

(xxx) xxx-xxxx

 

(xxx) xxx-xxxx

 

After reviewing this document, please accept this Agreement by (1) clicking on the “I have read all the documents below” box, (2) entering your personal Benefit Access password in section C “Password Validation”, then (3) clicking the “Review” button at the bottom of the screen.

 




3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/24/21  Exelon Corp.                      10-K       12/31/20  310:85M
 4/27/11  SEC                               UPLOAD10/06/17    1:46K  Baltimore Gas & Electric Co.
 4/05/11  SEC                               UPLOAD10/06/17    1:60K  Baltimore Gas & Electric Co.
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Filing Submission 0001047469-11-001579   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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