Document:

SHARE PURCHASE AGREEMENT

This Share Purchase Agreement (this "Agreement") is entered into as of [•], 20[•], by and between MATTHEWS INTERNATIONAL CORPORATION, a Pennsylvania corporation (the "Company") and [•] (the "Seller").

RECITALS

WHEREAS, the average of the high and the low trading prices for the Company's Class A Common Stock ("Common Stock") as reported on the NASDAQ Global Select Market ("NASDAQ") on [•], 20[•] (the "Purchase Date"), was $[•] per share (the "Average Price");

WHEREAS, the Seller beneficially owns at least [•] shares of Common Stock as of the Purchase Date; and

WHEREAS, the Seller desires to sell to the Company, and the Company desires to purchase from the Seller, [•] shares of Common Stock (the "Shares") for a per share purchase price of $[•], which is equal to 96.75% of the Average Price, representing an aggregate purchase price of $[•] (the "Purchase Price"), subject to the terms and conditions set forth herein (collectively, the "Transaction").

NOW, THEREFORE, in consideration of the premises and the mutual covenants of the parties hereinafter set forth, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:

ARTICLE I

SALE OF SHARES

1.1 Sale of Shares to Company. In reliance upon the respective representations and warranties of the parties set forth herein, the Seller shall sell to the Company, free and clear of any Liens (as defined in Section 2.2), and the Company shall purchase from the Seller, the Shares for an aggregate amount equal to the Purchase Price.

1.2 Delivery. On the third day on which NASDAQ is open for trading following the Purchase Date (such date, the "Settlement Date"), pursuant to this Agreement, the Seller hereby surrenders any stock certificate or stock certificates evidencing the Shares, together with any letters of instruction, stock powers or any other documents reasonably necessary to effect the purchase of the Shares by the Company.

1.3 Settlement. On the Settlement Date, the Company will deliver an amount representing the Purchase Price, by wire transfer to an account specified in writing by the Seller. The Seller acknowledges that, following delivery of the Purchase Price, the Seller shall have no further rights whatsoever with respect to the Shares.

ARTICLE II

REPRESENTATIONS AND WARRANTIES OF THE SELLER

The Seller hereby represents and warrants to the Company as follows:

2.1 Authority and Enforceability. The Seller has full power, right and authority to enter into and perform his obligations under this Agreement. This Agreement has been duly executed and delivered by the Seller and constitutes the legal, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms. No permit, approval or consent of, or notification to any governmental entity (except with respect to any obligations by Seller or an affiliate of Seller pursuant to Section 16 of the Securities Exchange Act of 1934, as amended, or as reasonably requested by the Company pursuant to its reporting obligations under applicable law) or any other person is necessary in connection with the execution, delivery and performance by the Seller of this Agreement and the consummation by the Seller of the transactions contemplated hereby.

2.2 Title to Shares. The Seller is the beneficial and record owner of the Shares, free and clear of any liens, claims, charges, restrictions, options, preemptive rights, mortgages, hypothecations, assessments, pledges, encumbrances or security interests of any kind or nature whatsoever (collectively, "Liens"). The Seller has good and marketable title to the Shares, free and clear of all Liens whatsoever Upon consummation of the transactions provided for in this Agreement in accordance with the terms hereof, the Company will acquire good and marketable title to all of the Shares, free and clear of any Liens whatsoever.

2.3 No Violation. None of the execution and delivery of this Agreement, the consummation of the transactions provided for herein or contemplated hereby, nor the fulfillment by the Seller of the terms hereof will (with or without notice or passage of time or both): result in (i) the breach of any mortgage, note, contract or other agreement or obligation of any kind or nature by which Seller or Seller's properties may be bound or (ii) a violation of any provision of any applicable federal or state statute, rule or regulation applicable to the Seller, this Agreement or the Transaction.

2.4 Acknowledgment. Except as expressly set forth herein, the Seller acknowledges that the Company has not made, and is not making, any representation or warranty as to the business, properties, condition (financial or otherwise), risks, results of operations, prospects or any other aspect of the operations of the Company or its subsidiaries. The Seller has such knowledge and experience in business and financial matters as to be capable of evaluating the merits and risks of the transaction contemplated to be made hereunder. The Seller has adequate information and has made his own independent investigation concerning the business, properties, condition (financial or otherwise), risks, results of operations and prospects of the Company and its subsidiaries taken as a whole to make an informed decision regarding the sale of Shares.

2.5 Non-reliance.

a)    The Seller acknowledges and understands that the Company, the Company's affiliates, and any of their respective directors, officers, employees, agents, brokers, trustees, or advisors (collectively, "Company Related Person") may possess material nonpublic information not known to the Seller that may impact the value of the Shares (the "Information") that the Company is unable to disclose to the Seller, including ,without limitation, (i) information received by principals and employees of the Company in their capacities as directors and officers, (ii) information otherwise received on a confidential basis, and (iii) information received on a privileged basis from attorneys and financial advisors. The Seller understands, based on its experience, the disadvantage to which the Seller is subject due to the disparity of information between the Company and the Seller. Notwithstanding this, the Seller has deemed it to be appropriate to enter into the Transaction.

b) The Seller acknowledges that neither the Company, nor any Company Related Person, has delivered any Information or made any representation to the Seller, except as expressly set forth in this Agreement. The Seller also acknowledges that he, she, or it is not relying upon any disclosure (or non-disclosure) made (or not made) by the Company or any other Company Related Person in connection with the Transaction.

c) The Seller agrees that neither the Company, nor any Company Related Person (except with respect to David A. Schawk, solely in his capacity as a Seller or as an affiliate or agent of the Seller), shall have any liability to the Seller whatsoever due to or in connection with the Company's use or non-disclosure of the Information or otherwise as a result of the Transaction, and the Seller hereby irrevocably waives any claim that it might have based on the failure of the Company to disclose such Information. The Seller further agrees to indemnify and hold harmless the Company and each other Company Related Person from, and to reimburse each such person for, any and all claims, suits, actions, proceedings, damages, liabilities, and expenses (including, without limitation, reasonable attorney's fees and expenses) that may be instituted or asserted against or incurred by the Company or any other Company Related Person arising out of or based upon any breach of any representation or warranty of the Seller contained in this Agreement. The Seller further agrees that any and all such claims were claims that the Seller knew or should have known existed before the Transaction.

d) The Seller acknowledges and agrees that the Company is relying on the Sellers representations, warranties, and agreements herein as a condition to proceeding with the Transaction. Without such representations, warranties, and agreements, the Company would not otherwise engage in the Transaction.

ARTICLE III

REPRESENTATIONS AND WARRANTIES OF THE COMPANY

The Company represents and warrants to the Seller as follows:

3.1 Organization and Standing. The Company is a corporation duly organized, validly existing and in good standing under the laws of the Commonwealth of Pennsylvania.

3.2 Authorization; Power. The Company has all requisite corporate power to enter into this Agreement, and to carry out and perform its obligations under the terms of this Agreement. All action on the part of the Company necessary for the authorization, execution, delivery and performance by the Company of this Agreement, and the consummation of the transactions contemplated hereby, has been taken. This Agreement constitutes the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms.

3.3 No Violation. Neither the execution and delivery of this Agreement, the consummation of the transactions provided for herein or contemplated hereby, nor the fulfillment by the Company of the terms hereof will (with or without notice or passage of time or both) conflict with or result in a breach of any provision of the organizational documents of the Company.

3.4 Indemnification. The Company agrees to indemnify and hold harmless the Seller from, and to reimburse the Seller for, any and all claims, suits, actions, proceedings, damages, liabilities, and expenses (including, without limitation, reasonable attorney's fees and expenses) that may be instituted or asserted against or incurred by the Seller arising out of or based upon any breach of any representation or warranty of the Company contained in this Agreement. The Company further agrees that any and all such claims were claims that the Company knew or should have known existed before the Transaction.

ARTICLE IV

MISCELLANEOUS

4.1 Survival of Representations and Warranties. All representations and warranties contained herein or made in writing by any party in connection herewith will survive the execution and delivery of this Agreement.

4.2 Successors and Assigns. Except as otherwise expressly provided herein, all covenants and agreements contained in this Agreement by or on behalf of any of the parties hereto will bind and inure to the benefit of the respective successors and assigns of the parties hereto, whether so expressed or not.

4.3 Governing Law. All questions concerning the construction, validity and interpretation of this Agreement, and the performance of the obligations imposed by this Agreement, shall be governed by the laws of the Commonwealth of Pennsylvania, without giving effect to principles of conflicts of laws.

4.4 Further Assurances. From time to time hereafter and without further consideration, each of the parties hereto shall execute and deliver such additional or further instruments of conveyance, assignment and transfer or other agreements and take such actions as the other party hereto may request in order to more effectively consummate the transactions contemplated by this Agreement or as shall be reasonably necessary or appropriate in connection with the carrying out of the parties' respective obligations hereunder.

4.5 Final Agreement. This Agreement constitutes the complete and final agreement of the parties concerning the matters referred to herein, and supersedes all prior agreements and understandings with respect thereto.

4.6 No Inducement. The undersigned parties hereby represent and warrant that they have not been induced to agree to and execute this Agreement by any statement, act, or representation of any kind or character by anyone, except as contained herein. The parties further represent that each of them has fully reviewed this Agreement and has full knowledge of its terms, and each executes this Agreement of his own choice and free will, after having received the advice of their respective attorneys.

4.7 Counterparts. This Agreement may be executed and delivered (including by facsimile transmission or electronic mail) in any number of counterparts, each of which when so executed and delivered shall be deemed an original, and such counterparts together shall constitute one instrument.

[Remainder of page intentionally left blank.

Signature page follows.]

The parties hereto have executed this Agreement on the date first set forth above.

	 	
 

	
SELLER:

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
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Name:                                                                        

	 	 	
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COMPANY:

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
MATTHEWS INTERNATIONAL CORPORATION

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	 	 	
By:                                                                        

	 	 	
Name:                                                                        

	 	 	
Title:SEC Exhibit

Ex. 10.6

SIFCO INDUSTRIES, INC. 2007 LONG-TERM INCENTIVE PLAN

Performance Share Award Agreement

THIS PERFORMANCE SHARE AWARD AGREEMENT (“Award Agreement”) is made and entered into effective as of                            (“Grant Date”) by and between SIFCO INDUSTRIES, INC., an Ohio corporation (the “Company”), and                                  , an Employee of the Company (the “Grantee”).
In recognition of the value of Grantee’s service as a key employee of the Company and/or its Affiliates, the Committee hereby awards the Grantee Performance Shares under the Plan, subject to the following terms and conditions.  Unless otherwise defined herein, capitalized terms shall have the meanings ascribed to them in the SIFCO Industries, Inc. 2007 Long-Term Incentive Plan (the “Plan”).
1.Award.  Subject to the conditions set forth herein, the Company hereby grants to Grantee, as of the Grant Date specified above, an Award of               Performance Shares (“PSs”) which may be earned in accordance with Section 2.  This represents the maximum number of Performance Shares that can be earned.  Your target number of Performance Shares, awarded at 100% performance to goal, is                 .  
2.Performance Vesting.  Subject to Sections 4, 5 and 6, the Company shall deliver to Grantee one share of Stock for each whole Performance Share that is earned in accordance with the following schedule:
	
		
	Peer Group Percentile of
Performance
Measure Achieved
	Vested PSs for
EBITDA Goal

	  75th or higher
	150%

	        63rd
	125%

	50th

	100%

	       43rd
	75%

	   35th

	50%

	         34th or lower
	—%

3.Delivery of Shares.  The number of shares of Stock that Grantee earns, if any, as a result of the vesting of Grantee’s PSs under Sections 2 will be delivered to Grantee within the Specified Date.  Before such delivery, the Committee shall certify in writing the number of Performance Shares that you have earned.  No fractional shares will be delivered pursuant to this Award.
4.Employment Termination.  Except as provided in Sections 5 and 6, if Grantee incurs a Separation from Service before the end of the Performance Period, this Award of Performance Shares shall be forfeited on the date of such Separation from Service.  In the event that Grantee is re-employed by the Company during the same Performance Period and after no more than twelve consecutive months of Separation from Service, Grantee’s Award will be reinstated.  

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At the conclusion of the Performance Period, the number of PSs earned will be prorated to reflect the number of full months of service completed during the Performance Period.
5.Retirement, Death or Disability.  If Grantee’s Separation from Service occurs during the Performance Period, because of Grantee’s retirement on or after the age of 65, death or Disability, Grantee will be entitled to a prorated portion of the PSs earned in accordance with Section 2, determined at the end of the Performance Period based on the ratio of the number of days Grantee is employed during the Performance Period to the total number of days in the Performance Period.  It is the intention of the Company and Grantee that this provision comply with Treasury Regulation Section 1.162-27(e)(2)(i), and that no PSs will vest and no shares of Stock will be delivered unless the Performance Measures are met as specified in Section 2 of this Award Agreement.  Any payouts/deliveries of Stock due as a result of Grantee’s death shall be paid to Grantee’s estate (or Grantee’s designated beneficiary) within the Specified Date after the end of the Performance Period as specified in Section 3 hereof.  
6.Change in Control.  
(a)In General.  Unless previously forfeited, or limited pursuant to Section 6(b), the Award shall vest in full if (i) a Corporate Transaction occurs, and (ii) either (x) Grantee incurs a Separation from Service within twelve months following such Corporate Transaction, other than a Separation from Service by the Company for Cause or a Separation from Service by Grantee other than as a result of a reduction in Grantee’s title, duties or compensation, a proposed relocation of Grantee, or Grantee’s death or Disability; or (y) the Company does not survive as a standalone entity following such Corporate Transaction, or the Award is terminated in connection with the Corporate Transaction.      
(b)Preclusion of Vesting in Certain Instances.  Notwithstanding any other provision of this Award Agreement or of any other agreement, contract, or understanding heretofore or hereafter entered into by a Grantee with the Company or any Affiliate, except an agreement, contract, or understanding that expressly addresses Section 280G or Section 4999 of the Code (an “Other Agreement”), and notwithstanding any formal or informal plan or other arrangement for the direct or indirect provision of compensation to the Grantee (including groups or classes of Grantees or beneficiaries of which the Grantee is a member), whether or not such compensation is deferred, is in cash, or is in the form of a benefit to or for the Grantee (a “Benefit Arrangement”), if the Grantee is a “disqualified individual,” as defined in Section 280G(c) of the Code, any PS held by the Grantee and any right to receive any payment or other benefit under this Award Agreement shall not become vested (i) to the extent that such right to vesting, payment, or benefit, taking into account all other rights, payments, or benefits to or for the Grantee under this Award Agreement, all Other Agreements, and all Benefit Arrangements, would cause any payment or benefit to the Grantee under this Award Agreement to be considered a “parachute payment” within the meaning of Section 280G(b)(2) of the Code as then in effect (a “Parachute Payment”) and (ii) if, as a result of receiving a Parachute Payment, the aggregate after-tax amounts received by the Grantee from the Company under this Award Agreement, all Other Agreements, and all Benefit Arrangements would be less than the maximum after-tax amount that could be received by the Grantee without causing any such payment or benefit to be considered a Parachute Payment.  

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(c)Time and Form of Payment.  Within 70 days after the close of the Corporate Transaction, the Company shall deliver, at its sole discretion, either (i) one share of stock for each vested PS, or (ii) the cash equivalent of one share of stock for each vested PS, which payout/delivery shall be in lieu of any payout/delivery under Section 2; provided that if such 70-day period begins in one calendar year and end in another, the Grantee shall not have the right to designate the year of payment; and, provided further, that the cash equivalent shall be determined using the imputed value as of the close of the Corporate Transaction.  The Company and Grantee acknowledge that Treasury Regulation Section 1.162-27(e)(2)(v) applies to this Corporate Transaction situation. 
(d)Award Agreement Controls.  Only the provisions of this Section 6, and not the provisions of any other change in control agreement or other agreement containing change in control provisions, shall apply to the Award.
7.Transferability.  The PSs shall not be sold, pledged, assigned, hypothecated, transferred or disposed of in any manner, whether by the operation of law or otherwise.  Any attempted transfer of the PSs prohibited by this Section 7 shall be null and void.
8.Adjustments.  The PSs shall be subject to adjustment in accordance with the Plan.
9.Withholding.  Grantee is responsible for all applicable federal, state and local income and employment taxes (including taxes of any foreign jurisdiction) which the Company is required to withhold at any time with respect to the PSs to satisfy its minimum statutory withholding requirements.  Such payment shall be made in full at Grantee’s election, by check made payable to the Company, or by Grantee’s tender of shares of Stock payable under this Award.  Shares of Stock tendered as payment of required withholding shall be valued at Fair Market Value on the date such withholding obligation arises or at the imputed value as of the close of the Corporate Transaction if the stock ceases to exist as a result of a Corporate Transaction. 
10.Miscellaneous.
(a)    Disclaimer of Rights.  Nothing contained herein shall constitute an obligation for continued employment.
(b)    Rights Unsecured.  Grantee only has the Company’s unfunded, unsecured promise to pay pursuant to the terms of this Award.  Grantee’s rights shall be that of an unsecured general creditor of the Company and Grantee shall not have any security interest in any assets of the Company.
(c)    Adjustment for Dividends.  Upon the declaration of any dividend on shares of Stock of the Company to shareholders of record as of a date after the end of the Performance Period but before the issuance of a stock certificate representing the earned Award, the number of PSs shall be increased by the number obtained by dividing (x) the aggregate amount of the dividend that would be payable to Grantee if each of Grantee’s PSs were issued and outstanding and entitled to dividends on the dividend shareholder of record date, by (y) the Fair Market Value of the Company’s common stock on the shareholder of record date.
(d)    Terms of Plan.  The Award is subject to the terms and conditions set forth in the Plan, which are incorporated into and shall be deemed to be a part of this Award, without regard 

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to whether such terms and conditions are otherwise set forth in this Award.  In the event that there is any inconsistency between the provisions of this Award and of the Plan, the provisions of the Plan shall govern.
(e)    Severability.  If any term, provision, covenant or restriction contained herein is held by a court or a federal regulatory agency of competent jurisdiction to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions contained herein shall remain in full force and effect, and shall in no way be affected, impaired or invalidated.
(f)    Controlling Law.  The Award shall be construed, interpreted and applied in accordance with the laws of the State of Ohio, without giving effect to the choice of law provisions thereof.  Grantee agrees to irrevocably submit any dispute arising out of or relating to this Award to the exclusive concurrent jurisdiction of the state and federal courts located in Cleveland, Ohio.  Grantee also irrevocably waives to the fullest extent permitted by applicable law, any objection Grantee may now or hereafter have to the laying of venue of any such dispute brought in such court or any defense of inconvenient forum for the maintenance of such dispute, and agrees to accept service of legal process from the courts of Ohio.
(g)    Section 409A Compliance.  To the extent applicable, it is intended that this Award and the Plan comply with Section 409A.  This Award and the Plan shall be interpreted and administered in a manner consistent with this intent, and any provision that would cause the Award or the Plan to fail to satisfy Section 409A shall have no force and effect unless or until amended to comply with Section 409A (which amendment may be retroactive to the extent permitted by Section 409A and may be made by the Company without Grantee’s consent).
(h)    Headings.  Section and other headings contained in this Award Agreement are for reference purposes only and are in no way intended to describe, interpret, defined or limit the scope, extent or intent of the Award or any provision hereof or of the Plan.
11.Definitions.  As used herein the following terms shall be defined as set forth below:
(a)    “Performance Measure” means SIFCO Industries, Inc.’s Consolidated EBITDA Margin.  The performance goal for the Performance Measure for the Performance Period is EBITDA Margin equal to the 50th percentile of the Performance Peer Group. 
The Performance Measure achieved may be evaluated and adjusted as provided in Sections 13.6.5 and 13.6.6 of the Plan.
(b)     “Performance Peer Group” means the Global Industry Classification Standard (“GICS”) Aerospace and Defense group of companies with revenues greater than $50 million.
(c)    “EBITDA Margin” means earnings from continuing operations before interest, taxes, depreciation and amortization, adjusted for LIFO, and then divided by Net Sales.  
(d)    “Performance Period” means the Company’s three (3) consecutive fiscal years commencing with the fiscal year beginning October 1, ______, and ending with the fiscal year ending September 30, ________. 

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(e)    “Specified Date” means any day during the period that begins on                      , and that ends on                              .  
(f)    “Target Award” means the number of PSs earned if the EBITDA Margin Performance Measure is achieved at the 50th percentile of the Performance Peer Group, as specified in Section 2.  
IN WITNESS WHEREOF, the Company and Grantee have executed this Award Agreement as of                                   , but on the actual dates specified below.

	
		
	 
	SIFCO INDUSTRIES, INC.

By:                                                         
Printed Name:  
Title:   
Date:                                                      

	 
	 

	 
	GRANTEE:

Signature:                                               
Printed Name:  
Date:                                                       

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