Document:

Restricted Stock Agreement

 Exhibit 10.4 
 JARDEN CORPORATION 
 RESTRICTED STOCK AGREEMENT 

 This RESTRICTED STOCK AGREEMENT, dated as of the 5th day of January, 2010 (the “Agreement”), by and between Jarden Corporation, a Delaware
corporation (the “Corporation”), and Martin E. Franklin (the “Restricted Stockholder”). Capitalized terms not defined herein shall have the meanings assigned to them in the Corporation’s 2009 Stock Incentive
Plan. 
 W I T N E S S E T H : 
 WHEREAS, the Restricted Stockholder is an employee of the Corporation; 
 WHEREAS,
the Corporation has heretofore adopted the Jarden Corporation 2009 Stock Incentive Plan (the “Stock Incentive Plan”) for the benefit of certain employees, officers, directors, consultants, independent contractors and advisors of the
Corporation or any parent, Affiliate or Subsidiary of the Corporation, which Stock Incentive Plan has been approved by the Corporation’s stockholders; and 
 WHEREAS, after consideration and consultation with the Corporation’s outside advisors and consultants and in furtherance of the strategic goals and objectives previously established by the Committee,
the Committee desires to grant restricted shares of common stock (the “Common Stock”), par value $.01 per share, of the Corporation to the Restricted Stockholder upon terms and conditions designed to promote the creation of
stockholder value and maximize the growth in the Corporation’s earnings over time and create a pay-for-performance, ownership culture that encourages long-term performance by the Corporation’s executive officers; and 
 WHEREAS, the parties hereto desire to enter into this Agreement on the terms hereinafter set forth. 
 NOW THEREFORE, the parties hereto, in consideration of the promises set forth herein and the payment of $10 by the Corporation to the
Restricted Stockholder, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, agree as follows: 
 1. Granting of Shares. Pursuant to the provisions of the Stock Incentive Plan, the Corporation hereby agrees to grant to the Restricted Stockholder, effective as of the date hereof (the
“Date of Grant”), 1,000,000 restricted shares of Common Stock (the “Performance Shares”), subject to all of the terms and conditions of this Agreement. The restrictions on the Performance Shares shall lapse, and the
Performance Shares shall be fully vested, as set forth in Section 2 below. 

 2. Vesting. Subject to the terms and conditions of this Agreement, the
Performance Shares shall fully vest and no longer be subject to the restrictions set forth herein as follows: 
 If the
Corporation’s adjusted earnings per share (“EPS”) for any fiscal year(s) ending on or before December 31, 2014 (the “Performance Period”), as calculated and certified by the Committee for purposes of the
Corporation’s annual incentive compensation programs, equals or exceeds the threshold(s) set forth below (the “Performance Target(s)”), then the Performance Shares (up to a cumulative maximum of 100% of the Performance Shares during
the 5 year period) shall vest on a pro rata straight line basis between the percentages set forth below opposite the respective minimum and maximum targets and all restrictions on such shares shall be lifted: 
  

			
	 EPS
	  	Vesting Percentage
	 $4.50 per share
	  	0%
	 $5.00 per share
	  	100%

 By way of example, if the Corporation’s EPS equals $4.75 per share for the year
ending December 31, 2012, then 50% of the Performance Shares shall be vested. If the Corporation’s EPS for any subsequent year ending on or before December 31, 2014 equals $4.85 per share, then an additional 20% of the Performance Shares
(for a cumulative total of 70% of the Performance Shares) shall be vested. If the Corporation’s EPS for any subsequent year ending on or before December 31, 2014 equals $5.00 per share, then the remaining Performance Shares (for a
cumulative total of 100% of the Performance Shares) shall be vested. 
 In the event a Change of Control of the Corporation (as
defined in the Third Amended and Restated Employment Agreement, dated as of May 24, 2007, as amended by the First Amendment dated as of December 16, 2009 (the “Employment Agreement”)) occurs, the Performance Shares shall
become immediately and fully vested and no longer be subject to the restrictions set forth herein. 
 Notwithstanding anything to
the contrary herein, other than in the event of a Change of Control of the Corporation, if the Corporation does not achieve the Performance Target(s) referred to above, then the Performance Shares shall not be vested (and shall no longer be capable
of being vested) but shall be forfeited. 
 The Performance Target(s) may be adjusted as mutually agreed between the Corporation
and the Restricted Stockholder to reflect any acquisitions or divestitures by the Corporation after the date of this Agreement. 
 The number of shares granted and the EPS referred to above shall be adjusted for changes in the Common Stock as outlined in Section 18.4 of the Stock Incentive Plan or as otherwise mutually agreed in writing between the parties.

 3. Non-Transferability. The Performance Shares that remain subject to the restrictions set forth herein may not
be sold, transferred, assigned, pledged or otherwise encumbered or disposed of by the Restricted Stockholder until such restrictions shall have lapsed in accordance with the terms hereof or in the event of a transfer, assignment, pledge or other
disposal, such event has been approved by the Compensation Committee of the Board of Directors. Restricted Stockholder agrees that, to the extent the restrictions set forth herein lapse with respect to any of the Performance Shares, such

  

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unrestricted Performance Shares may be sold, transferred, assigned, pledged or otherwise encumbered or disposed of by the Restricted Stockholder, subject to applicable law, regulation or stock
exchange rule, provided that Restricted Stockholder shall be entitled to satisfy the minimum withholding tax obligation (or such greater withholding amount as the Compensation Committee of the Board of Directors may approve) by electing to have the
Corporation withhold from the Performance Shares that number of shares having a Fair Market Value (as defined in the Stock Incentive Plan) equal to the minimum amount required to be withheld (or such greater withholding amount as the Compensation
Committee of the Board of Directors may approve), determined on the date that the amount of tax to be withheld is to be determined. 
 4. No Right to Continued Employment. Nothing in this Agreement shall confer upon the Restricted Stockholder any right with respect to continuance of employment by the Corporation, nor shall it interfere in any way with the
right of Corporation to terminate the Restricted Stockholder’s employment at any time. This Agreement does not constitute an employment contract. This Agreement does not guarantee employment for the length of time of the vesting period or
for any portion thereof. 
 5. Restricted Stockholder Bound by Stock Incentive Plan. The Restricted
Stockholder hereby acknowledges receipt of a copy of the Stock Incentive Plan and agrees to be bound by all the terms and provisions thereof. In the event of any conflict between the provisions of this Agreement and the provisions of the Stock
Incentive Plan, the provisions of this Agreement shall control. The Restricted Stockholder agrees to accept as binding, conclusive, and final all decisions or interpretations of the Committee upon any questions arising under the Stock Incentive
Plan. 
 6. Section 83(b) Election. If the Restricted Stockholder files an election with the Internal Revenue
Service to include the Fair Market Value of any Performance Shares in gross income as of the Date of Grant, the Restricted Stockholder agrees to promptly furnish the Corporation with a copy of such election, together with the amount of any federal,
state, local or other taxes required to be withheld to enable the Corporation to claim an income tax deduction with respect to such election. 
 7. Withholding Taxes. The Performance Shares will be subject to any federal, state, or local taxes of any kind required by law. By accepting the Performance Shares, the Restricted
Stockholder agrees to promptly satisfy federal, state and local withholding requirements, when and if applicable, for such Shares by making a cash payment to the Corporation equal to the required withholding amount or by electing to have the
Corporation withhold from the Performance Shares that number of shares having a Fair Market Value (as defined in the Stock Incentive Plan) equal to the minimum amount required to be withheld (or such greater withholding amount as the Compensation
Committee of the Board of Directors may approve), determined on the date that the amount of tax to be withheld is to be determined. 
 8. Notices. Any notice required to be given or delivered to the Corporation under the terms of this Agreement shall be in writing and addressed to the Corporate Secretary of the Corporation at its principal corporate offices
at 555 Theodore Fremd

  

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Avenue, Suite B-302, Rye, New York 10580. Any notice required to be given or delivered to the Restricted Stockholder shall be in writing and addressed to the Restricted Stockholder at the address
set forth on the signature page hereto or to such other address as such party may designate in writing from time to time to the Corporation. All notices shall be deemed to have been given or delivered upon: personal delivery; three (3) days
after deposit in the United States mail by certified or registered mail (return receipt requested); one (1) business day after deposit with any return receipt express courier (prepaid); or one (1) business day after transmission by
facsimile. 
 9. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of
the State of Delaware, applicable to agreements made and to be performed entirely within such state, other than conflict of laws principles thereof directing the application of any law other than that of Delaware. 
 10. Assignment. Neither this Agreement nor any of the rights or obligations hereunder shall be assigned or delegated by any
party hereto without the prior written consent of the other party. 
 11. Counterparts. This Agreement may be
executed in counterparts, each of which shall be deemed an original but all of which shall constitute one and the same instrument. 
 [signature page follows] 
  

 4 

 IN WITNESS WHEREOF, the Corporation has caused this Agreement to be
executed by a duly authorized officer and the Restricted Stockholder has executed this Agreement as of the date first set forth above. 
  

					
		 	JARDEN CORPORATION
		
	By:	 	 /s/ Ian G.H. Ashken

		 	Name:	 	Ian G.H. Ashken
		 	Title:	 	Vice Chairman and Chief Financial Officer
		
		 	RESTRICTED STOCKHOLDER
		
		 	 /s/ Martin E. Franklin

		 	Name:	 	Martin E. Franklin
		
		 	Address:Restricted Stock Agreement

 Exhibit 10.5 
 JARDEN CORPORATION 
 RESTRICTED STOCK AGREEMENT 

 This RESTRICTED STOCK AGREEMENT, dated as of the 5th day of January, 2010 (the “Agreement”), by and between Jarden Corporation, a Delaware
corporation (the “Corporation”), and Ian G.H. Ashken (the “Restricted Stockholder”). Capitalized terms not defined herein shall have the meanings assigned to them in the Corporation’s 2009 Stock Incentive Plan.

 W I T N E S S E T H : 
 WHEREAS, the Restricted Stockholder is an employee of the Corporation; 
 WHEREAS,
the Corporation has heretofore adopted the Jarden Corporation 2009 Stock Incentive Plan (the “Stock Incentive Plan”) for the benefit of certain employees, officers, directors, consultants, independent contractors and advisors of the
Corporation or any parent, Affiliate or Subsidiary of the Corporation, which Stock Incentive Plan has been approved by the Corporation’s stockholders; and 
 WHEREAS, after consideration and consultation with the Corporation’s outside advisors and consultants and in furtherance of the strategic goals and objectives previously established by the Committee,
the Committee desires to grant restricted shares of common stock (the “Common Stock”), par value $.01 per share, of the Corporation to the Restricted Stockholder upon terms and conditions designed to promote the creation of
stockholder value and maximize the growth in the Corporation’s earnings over time and create a pay-for-performance, ownership culture that encourages long-term performance by the Corporation’s executive officers; and 
 WHEREAS, the parties hereto desire to enter into this Agreement on the terms hereinafter set forth. 
 NOW THEREFORE, the parties hereto, in consideration of the promises set forth herein and the payment of $10 by the Corporation to the
Restricted Stockholder, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, agree as follows: 
 1. Granting of Shares. Pursuant to the provisions of the Stock Incentive Plan, the Corporation hereby agrees to grant to the Restricted Stockholder, effective as of the date hereof (the
“Date of Grant”), 250,000 restricted shares of Common Stock (the “Performance Shares”), subject to all of the terms and conditions of this Agreement. The restrictions on the Performance Shares shall lapse, and the
Performance Shares shall be fully vested, as set forth in Section 2 below. 

 2. Vesting. Subject to the terms and conditions of this Agreement, the
Performance Shares shall fully vest and no longer be subject to the restrictions set forth herein as follows: 
 If the
Corporation’s adjusted earnings per share (“EPS”) for any fiscal year(s) ending on or before December 31, 2014 (the “Performance Period”), as calculated and certified by the Committee for purposes of the
Corporation’s annual incentive compensation programs, equals or exceeds the threshold(s) set forth below (the “Performance Target(s)”), then the Performance Shares (up to a cumulative maximum of 100% of the Performance Shares during
the 5 year period) shall vest on a pro rata straight line basis between the percentages set forth below opposite the respective minimum and maximum targets and all restrictions on such shares shall be lifted: 
  

			
	 EPS
	  	Vesting Percentage
	 $4.50 per share
	  	0%
	 $5.00 per share
	  	100%

 By way of example, if the Corporation’s EPS equals $4.75 per share for the year
ending December 31, 2012, then 50% of the Performance Shares shall be vested. If the Corporation’s EPS for any subsequent year ending on or before December 31, 2014 equals $4.85 per share, then an additional 20% of the Performance Shares
(for a cumulative total of 70% of the Performance Shares) shall be vested. If the Corporation’s EPS for any subsequent year ending on or before December 31, 2014 equals $5.00 per share, then the remaining Performance Shares (for a
cumulative total of 100% of the Performance Shares) shall be vested. 
 In the event a Change of Control of the Corporation (as
defined in the Third Amended and Restated Employment Agreement, dated as of May 24, 2007, as amended by the First Amendment dated as of December 16, 2009 (the “Employment Agreement”)) occurs, the Performance Shares shall
become immediately and fully vested and no longer be subject to the restrictions set forth herein. 
 Notwithstanding anything to
the contrary herein, other than in the event of a Change of Control of the Corporation, if the Corporation does not achieve the Performance Target(s) referred to above, then the Performance Shares shall not be vested (and shall no longer be capable
of being vested) but shall be forfeited. 
 The Performance Target(s) may be adjusted as mutually agreed between the Corporation
and the Restricted Stockholder to reflect any acquisitions or divestitures by the Corporation after the date of this Agreement. 
 The number of shares granted and the EPS referred to above shall be adjusted for changes in the Common Stock as outlined in Section 18.4 of the Stock Incentive Plan or as otherwise mutually agreed in writing between the parties.

 3. Non-Transferability. The Performance Shares that remain subject to the restrictions set forth herein may not
be sold, transferred, assigned, pledged or otherwise encumbered or disposed of by the Restricted Stockholder until such restrictions shall have lapsed in accordance with the terms hereof or in the event of a transfer, assignment, pledge or other
disposal, such event has been approved by the Compensation Committee of the Board of Directors. Restricted Stockholder agrees that, to the extent the restrictions set forth herein lapse with respect to any of the Performance Shares, such

  

 2 

 
unrestricted Performance Shares may be sold, transferred, assigned, pledged or otherwise encumbered or disposed of by the Restricted Stockholder, subject to applicable law, regulation or stock
exchange rule, provided that Restricted Stockholder shall be entitled to satisfy the minimum withholding tax obligation (or such greater withholding amount as the Compensation Committee of the Board of Directors may approve) by electing to have the
Corporation withhold from the Performance Shares that number of shares having a Fair Market Value (as defined in the Stock Incentive Plan) equal to the minimum amount required to be withheld (or such greater withholding amount as the Compensation
Committee of the Board of Directors may approve), determined on the date that the amount of tax to be withheld is to be determined. 
 4. No Right to Continued Employment. Nothing in this Agreement shall confer upon the Restricted Stockholder any right with respect to continuance of employment by the Corporation, nor shall it interfere in any way with the
right of Corporation to terminate the Restricted Stockholder’s employment at any time. This Agreement does not constitute an employment contract. This Agreement does not guarantee employment for the length of time of the vesting period or
for any portion thereof. 
 5. Restricted Stockholder Bound by Stock Incentive Plan. The Restricted
Stockholder hereby acknowledges receipt of a copy of the Stock Incentive Plan and agrees to be bound by all the terms and provisions thereof. In the event of any conflict between the provisions of this Agreement and the provisions of the Stock
Incentive Plan, the provisions of this Agreement shall control. The Restricted Stockholder agrees to accept as binding, conclusive, and final all decisions or interpretations of the Committee upon any questions arising under the Stock Incentive
Plan. 
 6. Section 83(b) Election. If the Restricted Stockholder files an election with the Internal Revenue
Service to include the Fair Market Value of any Performance Shares in gross income as of the Date of Grant, the Restricted Stockholder agrees to promptly furnish the Corporation with a copy of such election, together with the amount of any federal,
state, local or other taxes required to be withheld to enable the Corporation to claim an income tax deduction with respect to such election. 
 7. Withholding Taxes. The Performance Shares will be subject to any federal, state, or local taxes of any kind required by law. By accepting the Performance Shares, the Restricted
Stockholder agrees to promptly satisfy federal, state and local withholding requirements, when and if applicable, for such Shares by making a cash payment to the Corporation equal to the required withholding amount or by electing to have the
Corporation withhold from the Performance Shares that number of shares having a Fair Market Value (as defined in the Stock Incentive Plan) equal to the minimum amount required to be withheld (or such greater withholding amount as the Compensation
Committee of the Board of Directors may approve), determined on the date that the amount of tax to be withheld is to be determined. 
 8. Notices. Any notice required to be given or delivered to the Corporation under the terms of this Agreement shall be in writing and addressed to the Corporate Secretary of the Corporation at its principal corporate offices
at 555 Theodore Fremd

  

 3 

 
Avenue, Suite B-302, Rye, New York 10580. Any notice required to be given or delivered to the Restricted Stockholder shall be in writing and addressed to the Restricted Stockholder at the address
set forth on the signature page hereto or to such other address as such party may designate in writing from time to time to the Corporation. All notices shall be deemed to have been given or delivered upon: personal delivery; three (3) days
after deposit in the United States mail by certified or registered mail (return receipt requested); one (1) business day after deposit with any return receipt express courier (prepaid); or one (1) business day after transmission by
facsimile. 
 9. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of
the State of Delaware, applicable to agreements made and to be performed entirely within such state, other than conflict of laws principles thereof directing the application of any law other than that of Delaware. 
 10. Assignment. Neither this Agreement nor any of the rights or obligations hereunder shall be assigned or delegated by any
party hereto without the prior written consent of the other party. 
 11. Counterparts. This Agreement may be
executed in counterparts, each of which shall be deemed an original but all of which shall constitute one and the same instrument. 
 [signature page follows] 
  

 4 

 IN WITNESS WHEREOF, the Corporation has caused this Agreement to be
executed by a duly authorized officer and the Restricted Stockholder has executed this Agreement as of the date first set forth above. 
  

					
		 	JARDEN CORPORATION
		
	By:	 	 /s/ Martin E. Franklin

		 	Name:	 	Martin E. Franklin
		 	Title:	 	Chairman and Chief Executive Officer
		
		 	RESTRICTED STOCKHOLDER
		
		 	 /s/ Ian G.H. Ashken

		 	Name:	 	Ian G.H. Ashken
		
		 	Address:

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