**EXHIBIT 10(i)**

THE BLACK & DECKERPERFORMANCE EQUITY PLAN

Section 1.       Purpose 

        Thepurpose of The Black & Decker Performance Equity Plan (the “Plan”) is toattract and retain key employees of The Black & Decker Corporation (the“Corporation”) and its Subsidiaries, to motivate those employees to put forthmaximum efforts for the long-term success of the business, and to encourage ownership ofthe Corporation’s Stock by them. 

Section 2.       Definitions 

        Thefollowing definitions are applicable to the Plan: 

    (a)                 “Code” shall mean the Internal Revenue Code of 1986, as amended. 

    (b)                 “Committee” shall mean the Compensation Committee of the          Corporation’s Board of Directors or such other committee of the Board          composed of not less than three members as the Board of Directors shall from          time to time appoint to administer the Plan. All members of the Committee shall          be members of the Board of Directors of the Corporation who are not eligible to          participate in the Plan and who are (i) disinterested persons as defined in Rule          16b-3 adopted pursuant to the Exchange Act, (ii) outside directors as defined in          the Section 162(m) Regulations, and (iii) independent directors as defined in          the New York Stock Exchange’s corporate governance rules and the          Corporation’s Corporate Governance Policies and Procedures Statement. 

    (c)                 “Designated Beneficiary” shall mean the beneficiary designated by the          Participant, in a manner determined by the Committee, to receive shares of Stock          or other payments due the Participant in the event of the Participant’s          death, or in the absence of an effective designation by the Participant, the          Participant’s surviving spouse, or, if there is no surviving spouse, the          Participant’s estate. 

    (d)                 “Employee” shall mean a regular full-time salaried employee of the          Corporation or of a Subsidiary. 

    (e)                 “Exchange Act” shall mean the Securities Exchange Act of 1934, as          amended. 

    (f)                 “Executive Officer” shall mean an executive officer of the Corporation          within the meaning of Rule 3b-7 promulgated under the Exchange Act and a          “covered employee” as defined by the Section 162(m) Regulations. 

    (g)                 “Fiscal Year” shall mean the fiscal year of the Corporation. 

    (h)                 “Participant” shall mean an Employee who is selected by the Committee          to participate in the Plan pursuant to Section 5. 

    (i)                 “Performance Goals” shall mean the performance objective or objectives          relating to, in whole or in part, the performance of the Corporation or any          Subsidiary, group, division, or operating unit of the Corporation or any          Subsidiary during a Performance Period. With respect to a Participant who is an          Executive Officer, the performance objective or objectives shall be based on one          of, or a combination of, the following factors: the market price of the Stock at          the close of business on the last business day of the Performance Period,          increases in the market price of the Stock during the Performance Period, the          earnings for the Performance Period or any year or years in the Performance          Period (either before taxes, before interest and taxes, before depreciation,          amortization, interest and taxes, or after all of the foregoing), the earnings          per share for the Performance Period or any year or years in the Performance          Period, or, as to the Corporation or any Subsidiary, group, division or          operating unit thereof, the average annual return on equity or net assets for          the Performance Period or the return on equity or net assets for a specified          year or 

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