<PAGE>
                                                                   Exhibit 10.19

                                    FORM OF
                       AWARD DESCRIPTION AND AGREEMENT FOR
                       PERFORMANCE RETENTION SHARE AWARDS
                                GRANTED UNDER THE
               ARCH CHEMICALS, INC. 1999 LONG TERM INCENTIVE PLAN
                            GRANTED ____________

1.    Terms

The terms and conditions of the Performance Retention Shares (as defined below)
are contained in the Award Certificate evidencing the grant of such shares, this
Award Agreement (as defined below) and in the Arch Chemicals, Inc. 1999 Long
Term Incentive Plan (the "Plan") and such resolutions, rules and policies
previously or hereinafter adopted by the Compensation Committee of the Board of
Directors of Arch Chemicals, Inc. from time to time.

2.    Definitions

As used herein:

      "Award Agreement" means this Award Description and Agreement.

      "Performance Retention Share" means a unit denominated as one phantom
      share of Arch Chemicals, Inc. Common Stock, granted as a Performance Award
      pursuant to Section 6(c) of the Plan, that may be replaced by or converted
      into a Restricted Stock Unit (as defined below).

      "Measurement Date" means with respect to a Performance Cycle, the last day
      of the second calendar year of the Performance Cycle and the last day of
      the third calendar year of such Performance Cycle.

      "Participant" means a Salaried Employee granted an award of Performance
      Retention Shares under the Plan.

      "Payment Schedule" means with respect to a Performance Retention Share,
      such Performance Retention Share's schedule as set forth in Exhibit I
      hereto with respect to the Performance Cycle to govern determination of
      the Payment Value of such Performance Retention Share.

      "Payment Value" means with respect to a Performance Retention Share at any
      given time, the portion, if any, of such Performance Retention Share which
      a Participant has earned at such time under the applicable Payment
      Schedule during the Performance Cycle relating to that Performance
      Retention Share.

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      "Performance Cycle" means with respect to Performance Retention Shares, a
      period of three fiscal years (beginning with the fiscal year in which such
      Performance Retention Shares are granted) over which such Performance
      Retention Shares are to be earned in accordance with the Payment Schedule;
      provided a Performance Cycle shall end upon full payment of the
      Performance Retention Shares relating thereto.

      "Performance Goal" means with respect to a particular Performance
      Retention Share the particular goal established by the Committee with
      respect to a particular performance measure for such Performance Retention
      Share as set forth in resolutions of the Committee as adopted from time to
      time.

      "Restricted Stock Unit" means a unit denominated as one phantom share of
      Company Common Stock, granted pursuant to Section 6(b) of the Plan, that
      results from the conversion or replacement of a Performance Retention
      Share as provided in Section 4 hereof.

      "Valuation Date" means (i) for purposes of paragraphs 5(d) and 5(f) below,
      the fourth business day following the public release of the Company's
      annual earnings relating to the year in which the Measurement Date that
      has triggered the payout of the Performance Retention Shares has occurred,
      (ii) in connection with a payment as a result of the end of the
      three-year Vesting Period, the date the Vesting Time occurs and (iii) in
      connection with a payment arising as a result of a Change in Control, on
      the first business day immediately prior to the Change in Control (or if
      in the case of clause (i), (ii) or (iii) hereof the Arch Chemicals, Inc.
      Common Stock is not traded on such day, the first preceding day on which
      such stock is traded).

      "Vesting Period" means with respect to a Restricted Stock Unit, the
      three-year period beginning with the date of conversion of a Performance
      Retention Share into a Restricted Stock Unit at the end of which such
      Restricted Stock Unit is to vest.

      "Vesting Time" means with respect to a Vesting Period, the close of
      business on the last day of such Vesting Period.

Other capitalized terms utilized but not defined herein have the meanings
specified in the Plan.

3.    Performance Retention Share Awards

      Performance Retention Shares which are awarded to a Participant shall have
      a Payment Value during a Performance Cycle determined on the basis of the
      performance of Arch over such Performance Cycle in accordance with the
      applicable Payment Schedule. The Payment Schedules, Performance Cycles and
      performance measures applicable to Performance Retention Shares are set
      forth in Exhibit I hereto. Except as may be otherwise set forth in the
      Plan or herein, no Performance Retention Share may be earned prior to the
      Measurement Date of the applicable Performance Cycle and then only to the
      extent set forth in the applicable Payment Schedule.

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4.    Conversion Payout

      If the Performance Retention Shares held by a Participant and outstanding
      at the end of the Performance Cycle do not result in a cash payout as
      provided in the Payment Schedule, then each such Performance Retention
      Share shall be automatically and without further action by the Committee
      or the Company replaced with (or converted into) a Restricted Stock Unit
      on a one-for-one basis and such Performance Retention Share shall be
      extinguished; provided in each case such Participant is on the active
      payroll of the Company or then subsidiary of the Company as an employee on
      the last day of the Performance Cycle. No other person shall be entitled
      to receive Restricted Stock Units as result of holding Performance
      Retention Shares at the end of the Performance Cycle.

5.    Vesting and Payment - Performance Retention Shares

(a)   Except as otherwise provided in the Plan, a Participant's interest in the
      Payment Value of Performance Retention Shares awarded to him or her shall
      vest, if at all, only on the Measurement Date of an applicable Performance
      Cycle, as the case may be, for such Performance Retention Shares and only
      to the extent earned and payable at such time in accordance with the
      Payment Schedule.

(b)   The Payment Value of each Performance Retention Share at a given time
      shall be the portion, if any, of such Performance Retention Share called
      for under the Payment Schedule at such time applicable to such Performance
      Retention Share's Performance Cycle. Each vested Performance Retention
      Share shall be payable to a Participant in cash only.

(c)   Performance Retention Shares not earned by the end of the Performance
      Cycle as provided in the Payment Schedule shall be forfeited or
      extinguished and no payout shall occur with respect thereto except as
      otherwise provided in Section 4 herein.

(d)   The total amount of Payment Value due and earned by a Participant on the
      Measurement Date of an applicable Performance Cycle shall be paid promptly
      but no later than the tenth business day after the Valuation Date except
      as specifically otherwise provided in the Plan or herein or by the
      Committee.

(e)   The Participant may defer payment of Payment Values until such date,
      before or after retirement or other termination of employment, as provided
      in, and subject to, the Company's Employee Deferral Plan.

(f)   For Payment Values of Performance Retention Shares that are to be paid in
      cash, the Arch Chemicals, Inc. Common Stock will be valued at the average
      of the high and low sales prices thereof as reported on the consolidated
      transaction reporting system for New York Stock Exchange issues on the
      Valuation Date.

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6.    Vesting and Payment - Restricted Stock Units

(a)   Except as otherwise provided in the Plan or herein or by the Committee, a
      Participant's interest in the Restricted Stock Units resulting from the
      application of Section 4 above shall vest only at the Vesting Time
      applicable to the Vesting Period for such Restricted Stock Units. Each
      Restricted Stock Unit not vested by the Vesting Time relating to such unit
      shall be forfeited.

(b)   Each vested Restricted Stock Unit shall be payable to a Participant in
      cash only following the Vesting Time.

(c)   The total amount of Restricted Stock Units vested in a Participant at the
      Vesting Time shall be paid promptly but no later than the tenth business
      day following such Vesting Time except as specifically otherwise provided
      in the Plan or herein or as otherwise provided by the Committee.

(d)   For Restricted Stock Units that are to be paid in cash, the Company Common
      Stock will be valued at the average of the high and low sales prices
      thereof as reported on the consolidated transaction reporting system for
      New York Stock Exchange issues on the Valuation Date.

7.    Termination of Employment

(a)   A Participant's outstanding Performance Retention Shares not yet earned
      and payable under the Payment Schedule relating to a Performance Cycle and
      a Participant's outstanding Restricted Stock Units shall be forfeited if
      the Participant ceases to be an employee of the Company or any subsidiary
      of the Company for any reason before the end of such Performance Cycle or
      Vesting Time, as the case may be, except if the Committee provides or has
      provided otherwise (or if delegated by the Committee to the Chief
      Executive Officer, the Chief Executive Officer so provides).

(b)   With respect to any non-forfeited Performance Retention Shares of a
      terminated Participant relating to incomplete Performance Cycles, he or
      she shall be entitled to the Payment Value at the time provided in and
      subject to the applicable Payment Schedule if the Committee (or its
      delegatee) has so decided.

8.    Change in Control

      Unless the Committee or the Board has acted otherwise, upon a Change in
      Control, outstanding Performance Retention Shares and outstanding
      Restricted Stock Units, as the case may be, shall become vested, deemed
      earned in full and promptly paid to the Participants in cash (but no later
      than the tenth business day after the Change in Control), in each case
      without regard to payment schedules and notwithstanding that the
      applicable performance cycle or retention cycle shall not have been
      completed.

9.    Tax Withholding

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      From any cash payout of the Performance Retention Shares, Payment Values
      and Restricted Stock Units, federal, state or local taxes as may be
      applicable to such payout ("withholding taxes") shall be deducted for
      withholding taxes to be paid by the Participant.

10.   Dividend Equivalents

      Unless and until the Committee decides otherwise and while a Performance
      Retention Share or Restricted Stock Unit is outstanding, within five
      business days of each cash dividend payment date relating to Company
      Common Stock, the Company will pay to a Participant for each outstanding
      Performance Share and Restricted Stock Unit so held on such dividend
      payment date, a cash payment equal to the cash dividend payment made on
      one share of Company Common Stock on such cash dividend payment date.
      Performance Retention Shares and Restricted Stock Units carry no voting
      rights nor shall the holder thereof be entitled to dividends or other
      rights enjoyed by shareholders except as otherwise provided in this
      Section 10.

11.   Miscellaneous

(a)   By acceptance of the award of Performance Retention Shares, each employee
      agrees that such award is special compensation, and that any amount paid
      under this Award Agreement will not affect

      (i)   the amount of any pension under any pension or retirement plan in
            which he or she participates as an employee of the Company,

      (ii)  the amount of coverage under any group life insurance plan in which
            he or she participates as an employee of the Company,

      (iii) the benefits under any other benefit plan of any kind heretofore or
            hereafter in effect, under which the availability or amount of
            benefits is related to compensation.


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                                    EXHIBIT I

Performance Cycle:        Ending on [end of three calender years beginning with
                          the grant year].

Performance Measure:      [Return on Equity ("ROE")]* for the calendar year
                          ending at a Measurement Time.

Payment Schedule:

<TABLE>
<CAPTION>
                                                        Payout                            Units Forfeited
                                                        ------                            ---------------
<S>                                         <C>                                           <C>
[ROE]* Equal to or Greater Than the                     100%**                            Not Applicable
Performance Goal for Year Two at end
of Year Two**

[ROE]* Equal to or Greater Than the         100% if no payout for Year Two                Not Applicable
Performance Goal for Year Three at          occurs; otherwise, not applicable.
end of Year Three

[ROE]* That is Less Than the                              0%                              100% but replaced with or converted
Performance Goal for Year Three at                                                        into restricted stock units on
the End of Year Three and no payout has                                                   one-for-one basis has
occurred
</TABLE>

* ROE for grants made in 2003, 2004 and 2005. Future grants may use ROE or
another performance measure permitted by the Plan.

** Provided such payout will not occur if it would cause any other performance
share award or performance retention share award granted under the Plan prior to
this award to not payout. In such case, ROE shall not be measured for this award
at the end of Year Two.

No more than one payout may occur for Performance Retention Shares with respect
to the Performance Cycle.