X0203 3 2008-12-08 0 0001171825 CIT GROUP INC CIT 0001452292 FOSTER NANCY J C/O CIT GROUP 505 FIFTH AVENUE NEW YORK NY 10017 1 Exec. VP & Chief Risk Officer Common Stock 14400 D Option (Right to Buy) 21.15 2015-01-17 Common Stock 8572 D Restricted Cash Unit 2010-01-17 Common Stock 9457 D Option (Right to Buy) 8.47 2015-07-17 Common Stock 30000 D Options granted on 1/17/2008 and vest in 1/3 increments on each anniversary of the grant date. Options shall be fully vested on 1/17/2011. Each Restricted Cash Unit is the economic equivalent of one share of CIT common stock and was granted based on the closing price of CIT common stock of $21.15 on 01/17/08 (date of grant). Restricted Cash Units vest in 50% increments on each of the first and second anniversaries of 1/17/2008, the date of grant, and are payable in cash based on the closing price of CIT common stock on the vest date. Options granted on 7/17/2008 and vest in 1/3 increments on each anniversary of the grant date. Options shall be fully vested on 7/17/2011. 14,400 restricted stock units shall vest 100% on 12/31/2010. /s/ James P. Shanahan, attorney-in-fact for Ms. Foster 2008-12-18