Document:

exv10wxssy

 

Exhibit 10(ss)

ENESCO GROUP, INC.

Itasca, Illinois

1996 LONG-TERM INCENTIVE PLAN

(As amended May 19, 2004)

CERTIFICATE OF GRANT OF RESTRICTED STOCK

	 	 	 
	 

	 	Date of Grant: «Date»
	 

	 	Total Number of Shares:  «# of shares»

To:  «First
Name» «Last Name»

Dear «First Name»:

     This letter is a certificate formally granting you Restricted Stock with respect to the
number of shares indicated above upon your appointment as «title» of Enesco Group, Inc. Thirty-three
and 1/3 percent (33 1/3%) of the total number of shares will become vested on each of the first
three (3) anniversary dates of the grant, subject to Section 9 of the Plan.

     The Company shall have the right to require you to pay the Company the amount of any taxes
which the Company is or will be required to withhold, as and when required by law, with respect
to the receipt or vesting of the Restricted Stock before the certificate for such Restricted
Stock is delivered to you. Furthermore, the Company may elect to deduct such taxes from any
amounts then payable in cash or shares or from any amounts payable anytime thereafter to you.
Please consult with your own tax advisor or accountant as to the specific tax consequences to
you as a result of the award.

     If you leave your employment with Enesco Group, Inc. for any reason prior to all of the
Restricted Stock vesting, then you will forfeit any shares that have not vested. You will be
able to vote all «# of shares» shares as a stockholder and receive any distributions with respect to the
shares (i.e. dividends, if declared); however, the Law Department will hold the actual stock
certificate until such time as all «# of shares» shares have vested (or whatever portion if your employment
at Enesco ends prior to that time).

     All shares granted to employees under the 1996 Plan are subject to the termination
provisions of Section 9 of the 1996 Plan. Please review these provisions carefully in
connection with your termination of employment.

     Until the shares have vested, they are not transferable by you, except in the event of
your death and then only as described in the Plan. Any attempted transfer or other disposition
of the shares by you will be void and will constitute valid grounds for its cancellation by the
Company.

 

 

     A copy of the 1996 Long-Term Incentive Plan, as amended, is enclosed together with a
Prospectus dated May 19, 2004. Please read these carefully. This Restricted Stock award is
made subject to the provisions of the Plan, as it may be amended from time to time.

	 	 	 	 	 
	 	ENESCO GROUP, INC.

«Name Secretary»

Secretary

 	 
	 	 	 
	 	 	 
	 	 	 
	 

Enclosuresexv4w1w2

 

Exhibit 4.1.2

SECOND AMENDMENT TO THE CNH GLOBAL N.V.

OUTSIDE DIRECTORS’ COMPENSATION PLAN

     This Second Amendment to the Outside Directors’ Compensation Plan (the “Plan”) which was last
amended on April 26, 2004 and restated as of May 8, 2003 is hereby made effective as of May 3, 2005
following approval by the shareholders of CNH Global N.V. The Plan is hereby amended as follows:

	 	1.	 	Appendix A of the Plan is hereby amended and restated in its
entirety and the Appendix A attached hereto is hereby substituted for the
Appendix A previously attached to the Plan.

 

 

Appendix A – Schedule of Outside Directors’ Compensation

	 	 	 	 	 	 	 
	Annual Fees (1):	 	 	 	 
	•

	 	Outside Director serving as Chairman of the Board
	 	$	150,000	 
	•

	 	Each other Outside Director
	 	$	65,000	 
	•

	 	Annual Committee Chair fee:
	 	$	5,000	 
	 
	 	 	 	 	 	 
	Meeting Fees (2):	 	 	 	 
	•

	 	Board meeting fee: (for each meeting attended)
	 	$	1,250	 
	•

	 	Committee meeting fee: (for each meeting attended)
	 	$	1,250	 
	 
	Annual Automatic Stock Option Grant:	 	4,000 stock options

 

			
	(1)	 	Payable each Plan Year Quarter in Common Shares unless otherwise elected (cash or stock
options).
	 
	(2)	 	Payable only in cash as soon as possible after the end of each Plan Year Quarter.

At the beginning of the Fifth Plan Year in May 2003, any eligible Outside Director will be entitled
to receive a one-time grant of an amount of stock options equal to 20% of the Annual Automatic
Stock Options and 15% of the Elective Stock Options he or she has been granted prior to May 6,
2002.exv4w2w2

 

Exhibit 4.2.2

CNH GLOBAL N.V. EQUITY INCENTIVE PLAN

Form of Performance Unit Award Agreement

     THIS AWARD AGREEMENT entered into as of the 7 day of December 2005, by and between CNH Global
N.V. (the “Company”), and [First Name] [Last Name] (the “Participant”).

WITNESSETH:

     WHEREAS the Company maintains the CNH Global N.V. Equity Incentive Plan (the “Plan”) for the
benefit of eligible employees; and

     WHEREAS pursuant to the authority vested in it under the Plan, the Corporate Governance and
Compensation Committee of the Board of Directors of the Company (the “Committee”), has approved the
granting of this Award to the Participant;

     NOW, THEREFORE, the Company and the Participant agree as follows:

1. Award of Performance Units

     (a) Share Units. Subject to the terms of this Agreement and the Plan, the Participant
is hereby awarded Performance Units under the Plan in an amount specified and determined pursuant
to Schedule 1 of this Agreement. Subject to paragraph 3 below, each Performance Unit under this
Section 1(a) shall entitle the Participant to a Common Share of the Company on the Settlement Date
for that Performance Unit, as provided in paragraph 4 below.

     (b) Cash Units. Subject to the terms of this Agreement and the Plan, the Participant
is hereby awarded Performance Units under the Plan in an amount specified and determined pursuant
to Schedule 1 of this Agreement. Subject to paragraph 3 below, each Performance Unit under this
Section 1(b) shall entitle the Participant to a cash payment on the Settlement Date for that
Performance Unit at [Currency] 1.00 per Performance Unit, as provided in paragraph 4 below.

2. Vesting of Awards

     Unless forfeited earlier under paragraph 3 below, a percentage of the Performance Units
awarded in paragraph 1 above shall vest upon the Settlement Date (as defined in Section 4 below).

     In the event of the Participant’s death, Total Disability (as defined below) or other approved
leave of absence, retirement, or involuntary layoff after December 31, 2007, however, the
Participant shall vest in the Performance Units awarded according to this Award Agreement.
Additionally, upon a change in control (as determined by the

 

 

Committee) after December 31, 2007,
the Participant shall vest in the Performance Units awarded according to the provisions of this
Award Agreement.

     “Total Disability” means, as determined in good faith by the Company, the permanent inability
of the Participant, which is as a result of accident or sickness, to perform such Participant’s
occupation or employment for which the Participant is suited by reason of the Participant’s
previous training, education and experience and which results in the termination of the
Participant’s employment.

3. Forfeiture of Performance Units

     All Performance Units that have not previously vested shall be forfeited on the earlier to
occur of the following dates:

	 	(a)	 	June 30, 2008; or
	 
	 	(b)	 	the day following the Participant’s termination of employment with the
Company for any reason, except as provided in Section 2 of this Agreement; or
	 
	 	(c)	 	upon the date the Company determines the objectives set forth on Schedule 1
are not met.

4. Settlement of Performance Units

     (a) In Common Shares. As soon as practicable after each Determination Date (the
“Settlement Date”), the Company shall transfer to the Participant certificates or book entry shares
issued in the Participant’s name for the number of shares of Common Shares equal to the number of
Performance Units granted pursuant to Section 1(a) of this Award Agreement and vesting on such
date, if any; provided, however, the Company, in its sole discretion, may withhold shares of Common
Shares otherwise payable to the Participant to satisfy any applicable withholding taxes.

“Determination Date” means the date(s) that the Company determines the number of Performance Units
the Participant is entitled to receive as set forth on Schedule 1.

     (b) In Cash. As soon as practicable after each Determination Date, the Company shall
pay the Participant, in cash, an amount equal to the number of Performance Units granted pursuant
to Section 1(b) of this Award Agreement and vesting on such date, if any, multiplied by [Currency]
1.00. The Company, in its sole discretion, may withhold payment otherwise payable to the
Participant to satisfy any applicable withholding taxes. Any withholding taxes resulting from any awards under this Award Agreement shall be paid out of the
cash payment under this Section 4(b) prior to the Company withholding any Common Shares for
applicable withholding taxes.

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5. Adjustments

     The Performance Units granted in this Agreement shall be subject to adjustments by the
Committee in accordance with Section 7 of the Plan.

6. Rights as Shareholder

     The Participant shall have no rights as a shareholder with respect to any shares of Common
Shares until and unless the Participant becomes the shareholder of record of such shares. Except
as provided in Section 7 of the Plan, no adjustment shall be made for dividends or other rights for
which the record date is prior to the date on which the Participant becomes a shareholder of
record.

7. Employment

     Neither the granting of this Award nor any term or provision of this Agreement shall
constitute or be evidence of any understanding, expressed or implied, on the part of the Company to
employ the Participant for any period of time.

8. Nontransferability

     During the Participant’s lifetime, this Award shall not be transferable (voluntarily or
involuntarily) by the Participant. The benefits of the Award shall pass, upon death, to the
beneficiary designated by the Participant on a form provided by, and filed prior to death with, the
Company. If no designation is made or if the designated beneficiary does not survive the
Participant’s death, the Award shall pass by will or the laws of descent and distribution.

9. Definitions

     Except where the context clearly implies or indicates the contrary, a word, term, or phrase
used in the Plan is similarly used in this Agreement.

10. Amendment

     This Agreement may be amended by the Committee at any time, provided that no such amendment,
without the written consent of the Participant, shall adversely affect the rights of the
Participant granted hereunder.

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11. Miscellaneous

	 	(a)	 	Compliance with Internal Revenue Code Section 409A. All provisions
of this Performance Unit Award Agreement and the related Long Term Incentive Plan are
intended to comply with the requirements of Internal Revenue Code 409A, and shall be
construed and interpreted in accordance with such intent. To the extent that an
amount under the Performance Unit Award Agreement or the Plan is subject to Code
Section 409A, the amount shall be paid in a manner that will comply with Code Section
409A and any administrative guidance issued thereunder.
	 
	 	(b)	 	Headings. The headings in this Agreement are inserted for
convenience only and shall have no significance in the interpretation of this
Agreement.
	 
	 	(c)	 	Entire Agreement. This Agreement contains the entire agreement
between the parties with respect to the transactions contemplated hereunder and
supersedes any prior arrangements or understandings with respect thereto, written or
oral. No agreements or representations, oral or otherwise, expressed or implied, with
respect to the subject matter hereof have been made by either party which are not set
forth expressly in this Agreement (including the Plan).
	 
	 	(d)	 	Successors. The terms and conditions of this Agreement shall be
binding upon and inure to the benefit of the parties hereto and their respective
heirs, personal representatives and successors.
	 
	 	(e)	 	Governing Law. In the event of any inconsistency between the terms
of this Agreement and the Plan, the terms of the Plan shall control. This Agreement
shall be governed by and construed in accordance with the laws of the State of
Delaware applicable to agreements made and entirely to be performed within such
jurisdiction except to the extent federal law may be applicable.
	 
	 	(f)	 	Counterparts. This Agreement may be executed in one or more
counterparts, each of which shall be deemed to be an original and all of which
together shall constitute one and the same instrument.

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     IN WITNESS WHEREOF, each of the parties hereto has executed this Agreement as of the day and
year first above written.

	 	 	 	 	 
	CNH GLOBAL N.V.

	 	 	 	 
	 
	 	 	 	 
	By
	 	 	 	 
	 
	 	 	 	 
	Roberto Pucci

Senior Vice President

Human Resources
	 	 	 	 
	 
	 	 	 	 
	ACCEPTED:
	 	 	 	 
	 
	 	 	 	 
	 	 	 
	Participant

	 	Date	 	 

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SCHEDULE 1

CALCULATION OF AWARD

Potential Performance Units if

	 	a)	 	the Company achieves 7.2 % cumulative trading profit margin for the CNH fiscal years
of 2005-2007;
	 
	 	b)	 	an annual bonus is earned by the Participant pursuant to the annual bonus rules of
the Company for 2 of the 3 plan years of the 2005-2007 cycle, and
	 
	 	c)	 	the Company achieves the threshold for an annual bonus pursuant to the annual bonus
rules of the Company for at least 2 of the 3 plan years of the cycle of 2005-2007:

	 	 	 	 	 	 	 
	 	 	Threshold	 	 	 	Maximum
	 	 	(Target – 10%)	 	Target	 	(Target + 15%)
	2005-2007 Cumulative

Trading Profit Margin %:

	 	7.2 %
	 	8.0 %
	 	9.2 %
	 
	 	 	 	 	 	 
	[Name]
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	Section 1(a) Award1:

	 	[Threshold Shares]
	 	[Target Shares]
	 	[Maximum Shares]
	 
	 	 	 	 	 	 
	Section 1(b) Award2:

	 	[Threshold Cash]
	 	[Target Cash]
	 	[Maximum Cash]

The Target means achievement by the Company of the targeted amount of trading profit divided by net
revenue of the Company, as determined by the Company in its sole discretion.

If the amount of trading profit divided by net revenue of the Company falls between the Threshold
and the Target or between the Target and the Maximum, the amount of Performance Units awarded shall
be interpolated accordingly.

Each Section 1(a) Performance Unit equals one share of Common Shares of the Company.

 

			
	1	 	Each Section 1(a) Performance Unit
equals one share of Common Shares of the Company.
	 
	2	 	Each Section 1(b) Performance Unit
equals [Currency] 1.00 .

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