Document:

formofrestrictedstock.htm

    
      

    

    Exhibit 10.25

     

    

    

    AMENDMENT
TO RESTRICTED STOCK UNIT AWARD AGREEMENTS

    

    This
Amendment is made this ____ day of December 2008, by and between Compass
Minerals International, Inc., a Delaware corporation (“Company”), and
_____________________ (“Executive”).

    

    WHEREAS,
Company and Executive are parties to certain Restricted Stock Unit Award
Agreements dated prior to the date hereof (the “Agreements”) which grant to
Executive restricted stock units pursuant to the Company’s 2005 Incentive Award
Plan (the “Plan”); and

    

    WHEREAS,
the parties intend that the payment of such restricted stock units shall satisfy
the “short term deferral” exception under Section 409A of the Internal Revenue
Code of 1986, as amended, and Treasury Regulation 1.409A-1(b), and the parties
now desire to make certain clarifying changes to the Agreements consistent with
such intent;

    

    NOW,
THEREFORE, for and in consideration of the premises and the mutual covenants and
agreements contained herein, Company and Executive agree that the Agreements are
amended as follows:

    

    A.           The
last sentence under the first paragraph of such Agreements is amended to read as
follows:

    

    Capitalized
terms not defined herein shall have the same meaning as used in the Plan, as
amended from time to time, unless otherwise superseded by any other agreement
between the Company and Grantee.

    

    B.           Clause
(ii) under the third paragraph of Section 5 is amended by striking the words
“any reduction in Grantee’s annual base salary . . .” and by inserting the
following in lieu thereof:  “. . . any material reduction in Grantee’s
annual base salary . . .”

    

    C.           Clause
(iv) under the third paragraph of Section 5 is amended to read as
follows:

    

    (iv)  any
material breach of this Agreement.

    

    D.           The
fourth paragraph of Section 5 is amended to read as follows:

    

    Notwithstanding
the foregoing, Grantee must provide notice of termination of employment to the
Company within 90 days of Grantee’s knowledge of an event constituting Good
Reason or such event shall not constitute Good Reason under this
Agreement.  The Company shall have a period of 30 days to cure any
such event without triggering the obligations under this Agreement.

    

    IN
WITNESS WHEREOF, the parties have executed this Amendment as of the day and year
first written above.

    

    COMPASS
MINERALS INTERNATIONAL,
INC.                                                                                                EXECUTIVE

    

    By:                                                                                                            ____________________   Date:
12/22/08

                            Executive
Signature

    Title:officerlisting.htm

    
      

    

    Exhibit
10.31

    

    Listing
of Executive Officers who are Parties to the Form of Change in Control Severance
Agreement (filed as Exhibit 10.28 to Compass Minerals International, Inc.’s
Annual Report on Form 10-K for the year ended December 31, 2007) and Restrictive
Covenant Agreement (filed as Exhibit 10.4 to Compass Minerals International,
Inc.’s Current Report on Form 8-K dated January 23, 2006).

    

     

    Keith
Clark

    

    Rodney
Underdown

    

    Gerald
Bucan

    

    Ron
Bryanamendmentemployment.htm

    
      

    

    Exhibit 10.33

    

     

     

    

    409A
AMENDMENT TO EXISTING EMPLOYMENT AGREEMENT

    ANGELO C.
BRISIMITZAKIS

    

    This
Amendment is made this 19th day of
December 2008, by and between Compass Minerals International, Inc., a Delaware
corporation (“Company”), and Angelo C. Brisimitzakis (“Executive”).

    

    WHEREAS,
Company and Executive are parties to an Employment Agreement dated effective as
of May 11, 2006 (the “Employment Agreement”) and the parties now desire to amend
the Employment Agreement to comply with Section 409A of the Internal Revenue
Code of 1986, as amended;

    

    NOW,
THEREFORE, for and in consideration of the premises and the mutual covenants and
agreements contained herein, Company and Executive agree that the Employment
Agreement is amended as follows:

    

    A.           Section
10.a. is amended to read as follows:

    

    If this
Agreement and Executive’s employment hereunder terminates as a result of
Executive’s Disability, then Executive shall receive a lump sum payment, payable
within 30 days following Executive’s termination of employment, equal to the sum
of:  (i) his Base Salary, benefits earned, and business expenses
properly incurred through the date of termination; and (ii) an amount equal to
60% of his then-current annual Base Salary.  Executive  also
shall be eligible to participate in Company’s then applicable health care plan
at the then regular employee contribution rate for a period of 18 months
following his termination of employment; provided that, if Executive cannot
continue to participate in Company plans providing such benefits, then Company
shall otherwise provide such benefits on the same after-tax basis as if
continued participation had been permitted.

     

    B.           Section
10.b. is amended to read as follows:

    

    If
Company terminates this Agreement and Executive’s employment hereunder without
Cause or if Executive terminates this Agreement and Executive’s employment
hereunder with Good Reason, then Executive shall receive a lump sum payment,
payable within 30 days following the effective date of the release referenced in
Section 10.e., equal to the sum of:  (i) his Base Salary, benefits
earned, business expenses properly incurred, and pro-rated annual performance
based incentive compensation through the date of termination; and (ii) the
lesser of (a) an amount equal to 2 times Executive’s highest annual Base Salary
rate during the 12 month period immediately before such termination or (b) the
Base Salary that would be paid to Executive if he continued employment to age
65.  Executive also shall be eligible for reimbursement, up to a
maximum of 18 months, for premium payments for any COBRA coverage Executive
elects, if any, and immediate vesting of all stock options and/or restricted
stock units granted through the date of termination, regardless of the
provisions of any other agreement.

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    

    C.           A
new Section 14.j. is added to read as follows:

    

    j.           COMPLIANCE
WITH SECTION 409A OF THE INTERNAL REVENUE CODE.  To the extent
applicable and notwithstanding any provision in this Agreement to the contrary,
this Agreement shall be interpreted and administered in accordance
with  Section 409A of the Internal Revenue Code and regulations and
other guidance issued thereunder.  For purposes of determining whether
any payment made pursuant to the Plan results in a "deferral of compensation"
within the meaning of Treasury Regulation §1.409A-1(b), the Company shall
maximize the exemptions described in such section, as applicable.  Any
reference to a “termination of employment” or similar term or phrase shall be
interpreted as a “separation from service” within the meaning of Section 409A
and the regulations issued thereunder.  Any expense reimbursements
under this Agreement shall be made by Company on or before the last day of
Executive’s taxable year following the taxable year in which the expense was
incurred.  If any deferred compensation payment is payable upon
separation from service and is required to be delayed pursuant to Section 409A
(a)(2)(B) because Executive is a “specified employee”, then payment of such
amount shall be delayed for a period of six months and paid in a lump sum on the
first payroll payment date following expiration of such six month
period.

    

    IN WITNESS WHEREOF, the parties have
executed this Amendment as of the day and year first written above.

    

    COMPASS
MINERALS INTERNATIONAL, INC.

    

    

    By:           /s/
Angelo C.
Brisimitzakis                

    Title:       President
and Chief
Executive Officer                                                                    

    

    

    EXECUTIVE 
/s/ Victoria Heider   

          Vice President,
Human Resources

          
Compass Minerals International, Inc.amendmentchangeincontrol.htm

    
      

    

    Exhibit 10.35

     

    

    409A
AMENDMENT TO EXISTING CHANGE IN CONTROL SEVERANCE

    ANGELO C.
BRISIMITZAKIS

    

    This
Amendment is made this 19th day of
December 2008, by and between Compass Minerals International, Inc., a Delaware
corporation (“Company”), and Angelo C. Brisimitzakis (“Executive”).

    

    WHEREAS,
Company and Executive are parties to a Change in Control Severance Agreement
dated effective as of May 11, 2006 (the “Agreement”) and the parties now desire
to amend the Agreement to comply with Section 409A of the Internal Revenue Code
of 1986, as amended;

    

    NOW,
THEREFORE, for and in consideration of the premises and the mutual covenants and
agreements contained herein, Company and Executive agree that the Agreement is
amended as follows:

    

    A.           Section
4(c) is amended by deleting the reference to “2 years” and by inserting “18
months” in lieu thereof.

    

    B.           Section
5 is amended by adding the following to end of such Section:

    

    Any
Reimbursement Payment payable pursuant to this paragraph 5 shall be paid by the
Company to Executive no later than the last day of Executive’s taxable year next
following Executive’s taxable year in which he remits the related
taxes.

    

    C.           Section
8(c) is amended by adding the following to end of such Section:

    

    Such
reimbursement shall be made on or before the last day of Executive’s taxable
year following the taxable year in which the expense was incurred.

    

    D.           A
new Section 18 is added to read as follows:

     

    COMPLIANCE
WITH  SECTION 409A OF THE INTERNAL REVENUE CODE.  To the
extent applicable and notwithstanding any provision in this Agreement to the
contrary, this Agreement shall be interpreted and administered in accordance
with  Section 409A of the Internal Revenue Code and regulations and
other guidance issued thereunder.  For purposes of determining whether
any payment made pursuant to the Plan results in a "deferral of compensation"
within the meaning of Treasury Regulation §1.409A-1(b), the Company shall
maximize the exemptions described in such section, as applicable.  Any
reference to a “termination of employment” or similar term or phrase shall be
interpreted as a “separation from service” within the meaning of Section 409A
and the regulations issued thereunder.  Any expense reimbursements
under this Agreement shall be made by Company on or before the last day of
Executive’s taxable year following the taxable year in which the expense was
incurred.  If any deferred compensation payment is payable upon
separation from service and is required to be delayed pursuant to Section
409A(a)(2)(B) because Executive is a “specified employee”, then payment of such
amount shall be delayed for a period of six months and paid in a lump sum on the
first payroll payment date following expiration of such six month
period.

    

    

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    IN
WITNESS WHEREOF, the parties have executed this Amendment as of the day and year
first written above.

    

    COMPASS
MINERALS INTERNATIONAL, INC.

    

    

    By:     /s/
Angelo C.
Brisimitzakis                                                           

    Title:
President and Chief Executive
Officer                                                                           

    

    

    EXECUTIVE 
/s/ Victoria
Heider           

    Vice
President, Human Resources

                                    Compass
Minerals International, Inc.

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