Document:

Letter agreement with Robert J. Dellinger

 Exhibit 10.1 
  

							
	 

	 		  	PPG Industries	  	
	 		  	  
 PPG Industries, Inc.
 One PPG Place
 Pittsburgh PA 15272 USA
	  	
				
		 		  	 Charles E. Bunch
 Chairman and
CEO
 Telephone: 412-434-3934
 Facsimile:
412-434-2134
 bunch@ppg.com
	  	

 August 15, 2009 
 Mr. Robert J. Dellinger 
 3005 W. 118th Street 
 Leawood, KS 66211

 Dear Bob: 
 I am pleased to confirm our revised verbal
offer as well as our genuine interest in having you join PPG Industries. 
 We offer you the position of senior vice president, finance and chief
financial officer reporting to me and located in Pittsburgh. Your starting base salary will be $47,917 per month and you will be a participant in our Incentive Compensation Bonus Plan (IC) and our Long Term Incentive Program comprised of stock
options, performance-based restricted stock units (RSUs), and a total shareholder return (TSR) plan. Your initial IC target bonus will be $525,000 and the annualized value of our long-term incentive program, assuming a $50 stock price, is
approximately $1,400,000. Your initial annual long term incentive share grants will be made in February, 2010, and will be comprised of 40,000 stock options, 10,000 performance-based RSUs and 10,000 contingent shares under our Total Shareholder
Return program. 
 In addition to the annual program described above, we offer the following compensation as an incentive to join PPG by September 1,
2009: 

	 	•	 	 30,000 stock options (three year cliff vesting, 10 year life) 

	 	•	 	 5,000 performance-based RSUs, (2009-2011 performance period) 

	 	•	 	 5,000 contingent TSR shares (2009-2011 performance period) 

	 	•	 	 Participation in our 2009 Incentive Compensation program on a non pro-rated basis, with a guaranteed minimum bonus of $100,000. Bonuses are payable in February,
2010. 

	 	•	 	 10,000 time-based RSUs vesting 2,000 per year for a period of five years 

 You will be eligible for a broad array of employee benefits, including medical insurance, life insurance, and retirement plan which includes a company-sponsored defined contribution pension plan plus a 401(k)
savings plan. Your vacation benefit will include four weeks vacation beginning in 2010. PPG’s full benefit program will be reviewed with you in detail during your initial orientation. A copy of the brochure “Highlights of PPG Salaried
Employee Benefits” will be enclosed with a hard copy of this letter. 

 Page 2 
  

 This offer of employment is contingent upon your passing our intoxicant screen. In addition, employment in this
position is contingent upon the successful completion of a pre-placement physical examination to determine if there are any restrictions that prevent you from performing this position. Upon your acceptance, we will make arrangements for the company
paid intoxicant screen and physical examination. We will notify you as soon as PPG has been made aware of the results. Please contact Beverly Stonick (412) 434-2006 to schedule your intoxicant screen and physical exam. 
 Executing an Employee Agreement is also a condition of employment. Please read, sign and return the enclosed agreement upon acceptance. We also ask you to complete
and return the enclosed Application for Employment. 
 On your first day of employment, you will be expected to provide proof of citizenship or other
authorization to work in the United States. 
 Attached is a letter containing important information on PPG’s affirmative action programs. As part of
this program, you are invited to self identify as a member of a protected group using the attached Self Identification form. Please complete the form, if appropriate, and return it as soon as possible to Beverly Stonick in the envelope provided.

 Bob, I, along with my colleagues, am very impressed with your capabilities and believe that PPG can provide significant challenge and opportunity for
you. I look forward to welcoming you to our organization. 
 In the meantime, if you need assistance or have questions, don’t hesitate to contact me
at 412-434-3934 or Bud Wise at 412-434-3715. 
  

			
	 Sincerely,

	
	

	C. E. Bunch

  

			
	cc:	 	C. W. Wise
		 	Beverly StonickEmployment Agreement - Pierre-Marie DeLeener

 Exhibit 10.2 
  

									
	

	 	PPG Industries	 	
			
		 	 PPG Industries Europe Sàrl
 Rte de Gilly 32
 1180 Rolle
 Switzerland
	 	
		 	Phone	 	:	 	+41 21 822 3000	 	
		 	Fax	 	:	 	+41 21 822 3100	 	

  

			
		  	Employment Agreement
		
	between	  	PPG Industries Europe Sàrl, Rolle
		
		  	hereinafter: “the Employer”
		
	and	  	 Pierre-Marie DE LEENER
  
 Javastraat 2D
  
 NL – 2585 AM Den Haag

		
		  	hereinafter: “the Employee”
		
	concerning	  	 Employment as
 Senior Vice President
Architectural Coatings EMEA &
 President PPG Europe

  

			
		  	Page 1 of 8

	1	Start Date, Position, Duration of Employment 

 Subject to obtaining a valid Swiss work permit, this contract conditions as outlined below will enter into effect on July 1, 2008. 
 Employee is offered a position and function as Senior Vice President Architectural Coatings EMEA & President PPG Europe. 
 The assignment in Switzerland will be a continuation of SigmaKalon career service and this contract will take into account the accumulated service seniority from earlier SigmaKalon assignments. 
 This contract is established for an indefinite period. 
  

	2	Type of contract & employee obligations 

 Employee is offered a Weekly Commuter Contract. The Weekly Commuter Contract is restricted to key business leaders whose position needs to be in Switzerland for tax compliance reasons. 
 This contract status implies that the employee returns every weekend to his country of residence and demonstrates to the Swiss authorities that his
centre of the vital interests will remain in a foreign country during the Swiss assignment. This implies: 

	 	-	a split taxation process: limited tax liability in Switzerland and a unlimited tax liability in home country 

	 	-	obligation for the employee to track and report to PPG Switzerland, number of work days in Switzerland versus Country of Residence 

	 	-	obligation to work less than 1 day per month in the Netherlands 

	 	-	employee is enrolled in Swiss social security and pension fund scheme. 

	 	-	no permanent office in the Netherlands. 

  

	3	Swiss net income protection 

 Due to the
split taxation process that will take place as a consequence of the Weekly Commuter status, PPG will guarantee a Swiss net income as per elements (base salary, bonus effectively paid) and mechanism reflected in Exhibit A. 
 At each change of base salary & bonus, a net calculation will be performed as per document in Exhibit A to re-establish the Swiss net income
to be guaranteed. 
 PriceWaterhouseCoopers will be exclusively deputed by PPG to perform all year-end tax split calculation in
Switzerland and home-country. All excess amounts reimbursed to the employee by the Swiss fiscal authorities will be used by PPG to pay Dutch taxes for the employee (excluding wealth tax and tax calculated on spouse income). 
  

			
		  	Page 2 of 8

	4	Exchange rate protection 

 In December of
each year PPG will calculate the average exchange rate over the calendar year and compensate the difference between the average exchange rate and the rate mentioned in the labor agreement. 
 Tax rate Euro- CHF used : 1.62 
  

	5	Scope of Employment and Duties 

 Employee
shall take on the duties and obligations connected with the role of Senior Vice President Architectural Coatings EMEA & President PPG Europe, in accordance with the terms and conditions of this Employment Agreement, with the articles
of association, with the law, with specific instructions given by the Board of the Employer as well as in line with general directives. General directives particularly include the organizational regulations, business policy, guidelines and
directives of the PPG Group. 
 In this position employee will report to C.E. Bunch, Chairman and Chief Executive Officer. Any changes to
the supervisors is 100% at the election of PPG and any changes are not grounds for any revisions to the contract. 
 Employee procures to
carefully perform the work within his responsibility and to devote all of his business efforts and time to the Employer and PPG Industries. 
 The continuation or acceptance of any engagement in any other employment, occupation or consulting activity for any direct or indirect remuneration such as consultant, employee or board member, or the exercise of a public office or in a
business association, is subject to the prior written approval of the Board of the Employer. 
  

	6	Place of Work 

 Employee will be located at
PPG Industries European Headquarters in Rolle, Switzerland. 
  

	7	Probation period 

 Not applicable.

  

	8	Notice period 

 Contract may be terminated by
either party upon giving 3 months written notice as per the end of the month, but for the first time 6 months after start date. Notice of termination has to be given by registered mail (fax or email do not suffice). Such notice is deemed received by
the respective party upon delivery or on the first day the notice can be collected at the post office. 
  

	9	Working Schedule 

 40 hours per week.

  

			
		  	Page 3 of 8

	10	Compensation 

 Employee
shall be entitled to an annual fixed salary of CHF 599’400.- payable in 13 same monthly rates as per the end of the calendar month after deduction of the contributions to social security, pension plans and similar contributions to be borne by
Employee as required by applicable laws and regulations. The 13th monthly
salary will be paid out together with the salary for the month of November. For employees commencing or leaving during the year, this payment will be done prorata temporis. 
 The fixed salary covers the entire working time, including overtime, necessary for carrying out and performing Employee’s duties and obligations.

  

	11	Gratifications 

 Depending on the achievement
of the defined goals employee shall be granted gratifications, including short term and long term incentives details of which will be communicated separately from this agreement. 
 Any Gratification payments that the Employer grants are always deemed to be voluntary gratifications in the free discretion of the Employer for which
Employee does not have a claim and which do not entitle Employee to such payments in the future. The gratifications, if any, are payable after deduction of the contributions to social security, pension plans and similar contributions to be borne by
Employee as required by applicable laws and regulations. 
  

	12	Business Expenses 

 Employee shall be
reimbursed for all reasonable business expenses in accordance with the applicable PPG policies in effect from time to time. 
  

	13	Other special conditions 

	 	-	Involuntary Employment Termination without cause 

 While on Swiss assignment, if employment is terminated by the company for reason other than cause, the employee’s termination indemnity applicable will amount to 3 (three) years of average salary (base + bonus). 

	 	-	Relocation assistance 

 The relocation agency
at the host location will provide Swiss assistance for 

	 	o	House hunting 

	 	o	Installation support 

	 	-	Tax Assistance 

 Tax Counseling and tax
return preparation for 3 years with PriceWaterhouse will be paid by PPG. 
  

			
		  	Page 4 of 8

	 	-	Commuting Costs 

 CH-Home country excluding
travel but including parking and transfers up to an amount of CHF 15’000/annual to be reimbursed via expense report. 

	 	-	Health coverage 

 Premiums with GMC + Intras
base insurance paid by PPG for the whole family. 

	 	-	Schooling 

 Following the current agreement
in force with Sigmakalon, PPG will cover the schooling costs for your children until they reach university level. 

	 	-	Renting costs in Switzerland 

 Reimbursed by
PPG up to an amount of CHF 2000/month via expense report. Your Swiss home address has to be in the Canton de Vaud. 

	 	-	Moving Expenses 

 PPG will arrange and cover
the cost to transport the employee and family’s household goods from home country to Switzerland. 

	 	-	Company car 

 You will be entitled to a
leased company car that can be used for business as well as for private purposes. The costs for operation and maintenance of the company car and all other modalities in connection with the use of the company car are governed by the PPG Group
directives in effect. 
  

	14	Vacation 

 Employee shall be entitled to 25
business days of vacation per calendar year. Dates are agreed between both parties and take into account business constraints. Employee will be granted paid holidays on the dates that are officially observed in the Canton de Vaud. 
  

	15	Absence from Work 

  

	15.1	Information to the Employer 

 Employee shall
inform the Employer immediately about any absence by stating the reasons as well as the probable duration of said absence. 
 In case of
absence due to illness or accident, Employee shall at any time upon request of the Employer, but in any event three days after the beginning of disability to work, present to the Employer a medical certificate about his/her disability to work and
the probable duration of said disability. If the disability to work lasts longer than indicated in the medical certificate, a new certificate shall be handed in. 
  

	16	Social Security Insurances 

 Employee
confirms to have been informed on the existing social security protection and the apportionment of premiums. Employee agrees to this and has the right to inspection of the relevant insurance documentation. 
 Employee acknowledges that the Employer is entitled to amend unilaterally at any time that part of the insurance protection which is over the minimum
statutory protection (and which may also include a lowering of the insurance protection), provided that this does not lead to an increase of the apportionment of the premiums which has to be paid by Employee. 
  

			
		  	Page 5 of 8

 Reservations of insurance founded in Employee which lead to a reduction or exclusion of insurance
benefits do not constitute an obligation of payment of the Employer within the guaranteed insurance benefits. In this case, the obligation to continuation of payments of the Employer is limited to those payments as required by law. 
  

	16.1	Social Security, Unemployment and Pension 

 It is a legal requirement that the Employee contributes to the Swiss state social security scheme (AVS, AI, Unemployment) and join the contributory Company’s Pension Fund (LPP) in accordance with the Swiss Legislation and the rules of
the Company’s Pension Fund. 
  

	16.2	Insurances 

 In accordance with Swiss Law,
Employees are insured against professional and non professional accidents and the payment of employee salary is insured in case of accidents and illness. The insurance premiums are entirely paid by PPG Industries. 
  

	16.3	Medical insurance 

 It is mandatory in
Switzerland that the Employee takes out a private individual health insurance. 
 PPG Industries has set-up a collective health insurance
with the insurer Intras into which the employee will need to enroll. PPG Industries will participate in the payment of the premiums with a monthly gross amount of CHF 200.- per employee and CHF 50.- for each family member. All necessary information
is available with the Human Resources Department. 
  

	16.4	Continued Payment of Salary 

 In the event
Employee is prevented from performing his/her duties under this Employment Agreement, fully or partially, by no fault of his/her own due to illness, accident, fulfillment of legal obligations or public office, Employee shall continue to receive 100%
of his/her salary for the duration of a maximum of 720 days. 
 In case of pregnancy/birth, as per Swiss Law, female employees are
entitled to 14 weeks of paid maternity leave from birth and will receive 100% of their salary. 
 Employee shall immediately notify the
Employer about any special risks that are not covered by the general terms of insurance in order to include them in the insurance coverage. 
  

	17	Confidentiality 

 Employee shall treat
confidential by and not disclose to others, or take or use for Employee’s own purposes or for the purposes of others, any business matters of the Employer and the PPG Group. 
  

			
		  	Page 6 of 8

 Business matters are in particular production secrets and business secrets and all facts which are
relevant for the business and which are not known to the public and are of a confidential nature (such as addresses of employees, suppliers and customers, the conclusion of agreements and their terms and conditions, accounting figures and figures of
the balance sheet, etc.) or which have been indicated to Employee as being confidential. 
 These confidentiality obligations are
unlimited and will remain effective after the termination of this Employment Agreement, irrespective of the cause of termination. 
 Employee has to keep in safe custody and surrender upon first request and at the latest at the end of this Employment Agreement, any documentation on business matters of the Employer and of the PPG Group and any copies thereof. In cases
where copies cannot be surrendered (for example, in case of digital copies or data carriers or the like) such copies have to be destroyed at the time of request to surrender even if destruction of copies has not been specifically requested.

  

	18	Intellectual Property 

 All inventions and
designs which Employee, solely or jointly with others, makes or contributes to while performing his/her tasks and activities and fulfilling his/her duties under this Employment Agreement, all creations, data, findings, works, computer-programs,
labels, methods, documents and any other results of Executive’s performance under this Employment Agreement belong exclusively to the Employer regardless as to whether the results can be protected by means of intellectual property law or not.
To the amount the Employer is not entitled to the rights of such results on the basis of Art. 332 para. 1 CO Executive herewith assigns and transfers his/her rights to and in connection with such results to the Employer being free to modify and use
the results in its own discretion. 
 The Employer is entitled to acquire from Employee all inventions and designs which Employee, solely
or jointly with others, makes or contributes in the course of performing his/her activities but not in the course of fulfilling his/her duties under this Employment Agreement (hereinafter: “Occasional Invention”). As soon as Employee makes
or contributes to Occasional Invention employee shall inform the Employer in writing of Occasional Invention. Thereupon, the Employer has to notify Employee within 6 months in case it intends to acquire Occasional Invention. In case the Employer
acquires Occasional Invention Employee is entitled to an appropriate compensation in accordance with the principles set out in Art. 332 para. 4 CO. 
 During and after the term of his/her Employment, Employee will support the Employer in the process of patenting inventions or registering other intellectual property he has made or contributed to. 
  

	19	Data Protection 

 Employee acknowledges and
agrees that the Employer may store, transfer, change as well as destroy all of his personal data in connection with this Employment Agreement. Employee particularly acknowledges and agrees that the Employer has the right to transfer any of his data
to other companies of the PPG Group which are inside Switzerland or abroad. 
  

			
		  	Page 7 of 8

	20	Amendments of Employment Agreement, Applicable Law, Place of Jurisdiction 

 No oral agreements exist in addition to this Employment Agreement. Any amendments or additions to this Employment Agreement must be in writing. 
 This Employment Agreement shall be governed by the laws of Switzerland. 
 This Employment Agreement is executed in 2 (two) originals in English. Any disputes arising out of this Employment Agreement have to be submitted to the courts at the domicile or seat of the defendant or at the
place where Employee usually carries out his work (Art. 24 para. 1 of the Federal Law on Civil Jurisdiction). 
     The Employer:

     Rolle, July 1, 2008. 
  

							
		 	PPG Industries, Rolle	 		 	
				
		 	 Karin Moeller-Preile, HR Director Switzerland
	 		 	  

		 	Name	 		 	Signature
				
		 	Employee:	 		 	
				
		 	                                       
              ,                     	 		 	
				
		 	 Pierre-Marie DE LEENER
	 		 	  

		 	Name	 		 	Signature

  

			
		  	Page 8 of 8

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