MF GLOBAL LTD.
2007 LONG TERM INCENTIVE PLAN
AMENDED AND RESTATED
RESTRICTED SHARE UNIT AWARD AGREEMENT
This Amended and Restated Agreement sets forth the terms and conditions of the award (this “ Award ”) granted to the
recipient set forth in Section 2 (the “ Grantee ”) by MF Global Ltd., a Bermuda exempted company (the “Company”), under the
MF Global Ltd. 2007 Long Term Incentive Plan (the “ Plan ”), of Restricted Share Units (the “ RSUs ”) in respect of common
shares of the Company (“ Shares ”) under the terms and conditions set forth herein.
1. The Plan . This Award is made pursuant to the Plan, a copy of which has been furnished to the Grantee, and the terms of
the Plan are incorporated into this Agreement, except as otherwise specifically stated herein. Capitalized terms used in this
Agreement that are not defined in this Agreement have the meanings as used or defined in the Plan. References in this
Agreement to any specific Plan provision will not be construed as limiting the applicability of any other Plan provision.
2. Award . Effective as of the date set forth below (the “ Grant Date ”), the Company hereby grants to the Grantee the
following number of RSUs under the Plan as compensation for the Grantee’s service as an employee of the Company or any of
its Subsidiaries or Affiliates:
Name of Grantee : [ Employee Name ]
Grant Date : July 18, 2007
Number of RSUs : [ Number equal to __DOCTEXT__bull; divided by $30 ]
Each RSU constitutes an unfunded and unsecured promise of the Company to deliver by issue (or cause to be delivered by
transfer or otherwise) to the Grantee, subject to the terms and conditions of this Agreement, one Share on the Delivery Date as
provided in this Agreement (the Shares that are deliverable to the Grantee pursuant to Section 9, the “ RSU Shares ”). Until such
delivery, the Grantee has only the rights of a general unsecured creditor, and no rights as a shareholder, of the Company. THIS
AWARD IS SUBJECT TO ALL TERMS, CONDITIONS AND PROVISIONS OF THE