Document:

Grant Letter

			
		  	Exhibit No. 10.34
		
		  	[Date]

 PERSONAL & CONFIDENTIAL 
 Michael D. Lockhart 
 Office of the Chairman 
 Subject: yyyy Long-Term Incentive Equity Grants 
 Dear Mike: 
 The Management Development and Compensation Committee of the Board of Directors (the “Committee”) of Armstrong World Industries, Inc. (“AWI” or the
“Company”) granted you the following Long-Term Incentive Equity Grants effective mm/dd/yyyy. 
 xxxxx     Stock Options to purchase AWI common stock 
 xxxxx     Performance Restricted
Shares 
 These awards are made under the Company’s 2006 Long-Term Incentive Plan (the “Plan”), and are subject to the terms of the Plan and
of this grant letter. In the event of any questions or dispute concerning these awards, the decisions and interpretations of the Board of Directors and, where applicable, the Committee administering the Plan, will be binding, conclusive and final.

 A copy of the Plan is enclosed. Also enclosed is the 2006 Long-Term Incentive Plan Summary, which together with the Company’s current Form 10-K
Annual Report constitutes part of the Prospectus covering the securities. Form 10-K Annual Reports are available from the Treasurer’s Office. 
 Stock Options 
 Each Stock Option entitles you to purchase one share of AWI common stock at an exercise price equal to $xx.xx which was the
closing price of AWI shares as reported by the New York Stock Exchange on mm/dd/yyyy. 
 These option grants are “non-qualified” stock
options for tax purposes and accordingly are not subject to the additional restrictions or tax treatment applicable to qualified (also called “incentive”) stock options. The Stock Options will have a ten-year term starting
mm/dd/yyyy. The Stock Options will vest and become exercisable in three installments at one, two and three years from mm/dd/yyyy as follows: xxxx shares on mm/dd/yyyy; xxxx shares on mm/dd/yyyy; and xxxx shares on
mm/dd/yyyy. If you remain employed by Armstrong on a scheduled vesting date, you will become entitled to exercise the respective Stock Option installment, subject to the provisions set out below and in the Plan. 
 If you terminate employment due to voluntary resignation without “Good Reason” (“Good Reason” is defined pursuant to the terms of an individual
Change in Control Agreement in effect on that date), or if you are terminated due to willful, deliberate or gross misconduct, you will forfeit all vested and unvested Stock Options. 
 If you terminate employment due to voluntary retirement (minimum age 55 with 5 years of service) without Good Reason, you will forfeit all unvested Stock Options, and you will have until the earlier of five years from
the date of retirement or the Stock Option expiration date to exercise any vested Stock Options. 
 If you are involuntarily terminated for reasons other
than willful, deliberate or gross misconduct, you will forfeit all unvested Stock Options, and you will have until the earlier of three months from the date of termination or the Stock Option expiration date to exercise any vested Stock Options.

 In the event of your long-term disability or death which occurs after mm/dd/yyyy, all unvested Stock Options will immediately vest and be
exercisable. You or your beneficiary will have until the earlier of three years from the date of disability or death, or the Stock Option expiration date to exercise any outstanding Stock Options, provided that in the case of death, your legal
representative or beneficiary will have a minimum of one year from the date of 

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death to exercise any outstanding Stock Options without regard to the scheduled Stock Option expiration date. In the event of your long-term disability or
death on or before mm/dd/yyyy, you will forfeit all unvested Stock Options. 
 If you resign or retire for Good Reason after mm/dd/yyyy, all
unvested Stock Options will immediately vest and be exercisable. You will have until the earlier of five years from the date of resignation or retirement, or the Stock Option expiration date to exercise any outstanding Stock Options. If you resign
or retire on or before mm/dd/yyyy, you will forfeit all unvested stock options. 
 Upon a Change in Control of AWI, all unvested Stock Options will
immediately vest and be exercisable. You will have until the earlier of five years from the date of Change in Control or the Stock Option expiration date to exercise any outstanding Stock Options. 
 In accordance with Section 6(c) of the Plan, you may pay the exercise price by delivering shares of AWI stock you have owned for at least six months. You may also
elect to satisfy your tax withholding obligations by requesting that the Company withhold shares of common stock that would otherwise be delivered to you. 
 Performance Restricted Shares 
 This Performance Restricted Share grant allows you to earn up to 150% of the number of Performance Restricted
Shares specified below if Armstrong is able to significantly exceed the financial targets established by the Committee for this grant during the three-year period of mm/dd/yyyy through mm/dd/yyyy. Shares of AWI common stock earned, if
any, will be distributed to you following the conclusion of the performance period and after the actual financial results have been certified by the Committee. 
 The Committee has established the following performance schedule that will be used to determine the number of Performance Restricted Shares you will earn. The percentage of shares to be earned is illustrated in the following schedule.
Actual financial results will be used to interpolate the percentage of shares earned to the nearest whole number. 
  

			
	 Percentage of Financial
     Target Achieved
	 	 Percentage of Performance
 Restricted Shares Earned

	Less than 80%   80%
   85%
   90%
   95%
 100%
 110%
 120%
 130%
 140%
 150% and higher
	 	    0%   50%
   70%
   90%
   95%
 100%
 110%
 120%
 130%
 140%
                                  150%    (maximum
 payout)

 At this time no shares of AWI common stock in respect of this grant have been issued in your name. Each
Performance Restricted Share granted is credited to an account maintained for you. During the three-year performance period, you will have no ownership or voting rights relative to these shares. If AWI makes cash dividend payments to holders of its
common stock during the performance period, you will accrue an amount equal to the dividend that would have been paid on the stated number of shares in this grant in a non-interest bearing account. You will receive a cash payment for the accrued
dividends following the conclusion of the performance period. Such payment shall be adjusted, up or down, in proportion to the number of shares earned. 
 The Performance Restricted Share grant is divided into two components of xxxx shares each. 100% of the first component will be earned by you if Armstrong’s three-year cumulative normalized earnings before interest, taxes, depreciation
and amortization (EBITDA) reach the Committee-established target of $xxx million. The EBITDA results will be normalized for the same exclusions that apply to the Company’s Management Achievement Plan. 100% of the second component will be earned
if Armstrong’s three-year cumulative free cash flow (excluding acquisition, divestiture and other unusual items) amounts to $xxx million. 

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 If you terminate employment due to voluntary resignation or retirement without “Good Reason” prior to
mm/dd/yyyy, you will forfeit this Performance Restricted Share grant and accrued dividends. If you are terminated as a result of willful, deliberate or gross misconduct you will forfeit this grant and accrued dividends. 
 In the event of your resignation or retirement for Good Reason after mm/dd/yyyy, or your long-term disability, death, or involuntary termination for reasons other
than willful, deliberate or gross misconduct after mm/dd/yyyy, you would be eligible for a pro-rated payment based on the length of your employment over the three-year performance period. The share payment would be determined using the
three-year cumulative actual financial results and distributed to you in early yyyy. If you terminate for any such reason on or before mm/dd/yyyy, you will forfeit the grant and accrued dividends. 
 In the event of a Change in Control of AWI, all Performance Restricted Shares will be deemed to have been earned to the maximum extent (150% of the number of shares
stated above) and issued to you along with accrued dividends upon that event. 
 In accordance with Section 6(c) of the Plan, you may elect to satisfy
your tax withholding obligations by requesting that the Company withhold shares of common stock that would otherwise be delivered to you. 
 Forfeiture of
Awards 
 The Plan provisions described under Section 13, Certain Termination of Employment; Forfeitures, limit your rights to Performance Restricted
Shares and Stock Options under certain circumstances. Events that may result in forfeiture of these awards include willful, deliberate or gross misconduct, or post-termination engagement in any business or employment determined to be competitive
with or substantially injurious to the Company’s business interests. These forfeiture provisions apply for a period of two years following your termination of employment. 
 Please contact me if you have questions regarding these documents. 
  
  
  

							
		 	Sincerely,	 		 	
		 	  
  
  
  
 (s/                             )
	 		 	
		 	Senior Vice President, Human ResourcesGrant Letter

 Exhibit 10.35 
 [Date]                             
 PERSONAL & CONFIDENTIAL 
 [Name] 
 [Location] 
 Subject:     yyyy Restricted Stock
Award (Please retain this for your records) 
 Dear [Name]: 
 The Management Development and Compensation Committee of the Board of Directors granted you a Restricted Stock Award effective mm/dd/yyyy. This award consists of xxxx shares of Restricted Stock of Armstrong World Industries, Inc.
(“AWI” or the “Company”). This award is made under the Company’s 2006 Long-Term Incentive Plan (the “Plan”). This award represents the long-term incentive component of Armstrong’s senior management
compensation program for yyyy. 
 This award is subject to all terms and conditions stated in the Plan and in this letter. In the event of any
question or dispute concerning this grant, the decisions and interpretations of the Committee administering the Plan will be binding, conclusive and final. 
 A copy of the Plan is enclosed. Also enclosed is the Plan Summary which, together with the Company’s current Form 10-K Annual Report, constitutes part of the prospectus covering the securities. Form 10-K Annual Reports can be found on
the Armstrong CorkBoard or Armstrong.com. You can also request a paper copy from the Treasurer’s Office. 
 These shares of AWI common stock are being
registered in your name pending distribution following the specified restriction period, and are subject to forfeiture in accordance with the terms of this grant. While you have the right to vote the shares, during the restriction period these
shares may not be pledged, sold or transferred other than by will or the laws of descent and distribution. To facilitate this, you must sign and return the enclosed stock power covering these shares. 
 The Restriction Periods applicable to this grant are as follows: 
  

							
	Number of Shares	 		  	End of Restriction Period	  	
	  
 xxxx
	 		  	mm/dd/yyyy	  	
	xxxx	 		  	mm/dd/yyyy	  	
	xxxx	 		  	mm/dd/yyyy	  	

 As indicated above, restrictions will lapse on your Restricted Stock Award in three equal installments in two,
three and four years from the grant date. If you remain employed by Armstrong when the restrictions lapse, you will receive unrestricted ownership of the respective Restricted Stock Award installment. The Committee may accelerate or waive such
restrictions, in whole or in part, based on service and such other factors as the Committee may determine. If AWI makes cash dividend payments to holders of AWI common stock during the restriction period, you will accrue an amount equal to the
dividend payment in a non-interest bearing account. You will receive a cash payment for the accrued dividends when the restrictions lapse on the underlying Restricted Stock Award. In the event of a Change in Control of AWI, all shares of Restricted
Stock and accrued dividends will become free of restrictions. 
 If you terminate employment due to voluntary resignation or retirement without “Good
Reason” (as defined below) or if you are involuntarily terminated, you will forfeit all shares of Restricted Stock and 

 
accrued dividends. Retirement is defined as termination from Armstrong at age 55 or higher following five years of service. In the event of your death,
long-term disability, or resignation or retirement for Good Reason, all shares of Restricted Stock and accrued dividends will become free of restrictions. 
 Good Reason for purposes of this Restricted Stock Award is defined as the occurrence of any one of the following events which occurs prior to mm/dd/yyyy: 

	 	•	 	 the assignment to the manager of any duties which constitutes a significant reduction in the manager’s responsibilities or any demotion of the manager

	 	•	 	 a reduction by the Company of more than 10% to the sum of the manager’s annual base salary and short-term incentive target award 

	 	•	 	 the relocation of the manager’s place of employment by more than 50 miles unless such relocation is closer to the manager’s residence

	 	•	 	 the involuntary termination of the manager in connection with the sale of a business 

 A stock certificate for the shares will be distributed to you following the expiration of the restriction period or when the shares are otherwise free of restrictions.
In accordance with Section 18 of the Plan, you may elect to satisfy your tax withholding obligations by requesting that the Company withhold shares of stock that would otherwise be delivered to you. Otherwise, as a condition to receive the
shares, you must remit to the Company all applicable taxes required to be withheld in connection with this grant. 
 Also enclosed for your review is an IRC
Section 83(b) Description concerning your choice to recognize income for federal income tax purposes now rather than when the restrictions lapse. You should consult with your personal tax advisor on the merits and risks of making an 83(b)
election. 
 Forfeiture of Awards 
 The Plan provisions
described under Section 13, Certain Termination of Employment; Forfeitures, limit your rights to receive payment of Restricted Stock under certain circumstances. Events that may result in forfeiture of these grants include termination for
willful, deliberate or gross misconduct, or post-termination engagement in any business or employment determined to be competitive with or substantially injurious to the Company’s business interest. These forfeiture provisions will apply for a
period of two years following your termination of employment. 
 Please contact Human Resources if you have questions regarding these documents. 

 

			
		 	Sincerely,
		 	  
  
  
 (s/                        )

		 	
		 	Chairman and Chief Executive Officer

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