Document:

Exhibit 10.3

                                  NOVELIS INC.
                                 SARS AGREEMENT

Name of Participant:  _________________________

Grant Date:   October 26, 2006

Total Number of SARs: _________________________

Premium SARs:(Insert number equal to 50% of Total SARs)

Non-Premium SARs:(Insert number equal to 50% of Total SARs)

Exercise Price Per SAR:  $25.53

        This Agreement evidences the grant by Novelis Inc. (the "Company") of
stock appreciation rights ("SARs") to the above-referenced "Participant" as of
the "Grant Date" hereof pursuant to the Novelis Inc. 2006 Incentive Plan (the
"Plan").

        1.      SARs. The SARs subject to this Agreement shall be comprised of
                ----
two equal portions: the "Premium SARs" and "Non-Premium SARs". The Premium SARs
shall be subject to the additional restrictions set forth in paragraph 2(c)
below. Upon exercise, Participant shall be entitled to receive payment from the
Company in an amount determined by multiplying (i) the difference between the
Fair Market Value of one Share on the date of exercise over the exercise price
per SAR, times (ii) the number of Shares with respect to which the SAR is
exercised. The amount payable upon the exercise of such SARs shall be paid in
cash.

        2.      Vesting and Exercise of the SARs.
                --------------------------------

                (a)     Vesting Schedule. Subject to the remaining provisions of
                        ----------------
        this paragraph, the SARs shall become vested and exercisable in
        accordance with the following schedule:

                            25% after one year on October 26, 2007
                            25% after two years on October 26, 2008
                            25% after three years on October 26, 2009
                            25% after four years on October 26, 2010

                (b)     Manner of Exercise. The SARs may be exercised only by
                        ------------------
        Participant (or other proper party in the event of death), subject to
        the conditions of the Plan and subject to such other administrative
        rules as the Committee may deem advisable, by delivering a written
        notice of exercise to the Company or its designee. The notice shall
        state the number of SARs being exercised and shall be deemed effective
        upon receipt of such notice by the Company or its designee. Premium SARs
        will be exercised first, to the extent available, before any Non-Premium
        SARs are exercised. The SAR may be exercised with respect to any number
        or all of the SARs as to which it can then be exercised and, if
        partially exercised, may be so exercised as to the unexercised SARs any
        number of times during the exercise period as provided herein.

                (c)     Restriction on Premium SARs. In no event may the Premium
                        ---------------------------
        SARs be exercised unless the Fair Market Value per Share, as of the
        close of business of the most recent business day preceding the date of
        exercise, equals or exceeds $28.59 (one hundred twelve percent (112%) of
        the exercise price per SAR).

                (d)     Effect of Termination of Employment.
                        -----------------------------------

<PAGE>

                        (i)     In the event Participant terminates employment
                for any reason other than Retirement, Cause, Disability or
                death, (A) the SARs, to the extent vested and exercisable at the
                time of such termination, shall remain exercisable until the
                expiration of 90 days after such termination, on which date the
                SARs shall expire, and (B) the SARs, to the extent not vested
                and exercisable at the time of such termination, shall expire at
                the close of business on the date of such termination.

                        (ii)    In the event Participant terminates employment
                due to Retirement on or after October 26, 2007, the SARs shall
                continue to vest in accordance with paragraph 2(a) above but in
                all events must be exercised no later than the third (3rd)
                anniversary following Participant's Retirement. In the event
                Participant terminates employment due to Retirement before
                October 26, 2007, the SARs shall expire in their entirety at the
                close of business on the date of such Retirement.

                        (iii)   In the event Participant terminates employment
                due to death or Disability, the SARs shall become immediately
                vested and exercisable but in all events must be exercised no
                later than the first (1st) anniversary following Participant's
                termination of employment.

                        (iv)    In the event of Participant's employment is
                terminated for Cause, the SARs (regardless of whether or not
                vested and exercisable at the time of such termination) shall
                expire in their entirety at the close of business on the date of
                such termination (or deemed termination).

                        (v)     For purposes of this Agreement, "terminates
                employment," "termination of employment" or any similar
                reference means the complete severance of Participant's
                employment relationship with the Company and its affiliates for
                any reason. Participant will be treated as continuing in the
                employ of the Company while he or she is on military leave, sick
                leave or other bona fide leave of absence; provided that
                Participant's inclusion on the Company's non-active payroll
                shall not be considered a bona fide leave of absence for
                purposes of this Agreement.

                (e)     Effect of Change in Control. Notwithstanding anything
                        ---------------------------
        contained herein to the contrary, if a Change in Control shall occur
        prior to the vesting date of the SARs, then one hundred percent (100%)
        of such SARs shall become immediately vested and exercisable, without
        regard to the restrictions under paragraph 2(c) above with respect to
        Premium SARs.

                (f)     Latest Date of Exercise. Notwithstanding anything
                        -----------------------
        contained herein to the contrary in no event may the SARs be exercised
        later than October 25, 2013.

        3.      Waiver of Breach. The waiver by either party of a breach of any
                ----------------
provision of this Agreement must be in writing and shall not operate or be
construed as a waiver of any other or subsequent breach.

        4.      Participant's Undertaking. Participant hereby agrees to take
                -------------------------
whatever additional actions and execute whatever additional documents the
Company may in its reasonable judgment deem necessary or advisable in order to
carry out or effect one or more of the obligations or restrictions imposed on
Participant pursuant to the express provisions of this Agreement and the Plan.
Participant further agrees that if he or she is or becomes an insider of the
Company for purposes of any applicable securities or other law or the Company's
insider trading policy, then the exercise of the SARs shall be subject to
restrictions under such law or policy.

                                        2
<PAGE>

        5.      Incorporation of Plan. The terms and provisions of the Plan are
                ---------------------
hereby incorporated into this Agreement as if set forth herein in their
entirety. In the event of a conflict between any provision of this Agreement and
the Plan, the provisions of the Plan shall control. Capitalized terms used
herein and not otherwise defined shall have the meanings set forth in the Plan.

        6.      Modification of Rights. The rights of Participant under this
                ----------------------
Agreement are subject to modification and termination in certain events as
provided herein and/or the Plan.

        7.      Governing Law/Jurisdiction. This Agreement shall be governed
                --------------------------
under the laws of the State of Georgia without regard to the principles of
conflicts of laws. Each party hereto submits to the exclusive jurisdiction of
the United States District Court for the District of Georgia (Atlanta, Georgia)
and hereby irrevocably and unconditionally waives, to the fullest extent it may
legally and effectively do so, trial by jury in any suit, action or proceeding
relating to this Agreement.

        8.      Entire Agreement/Severability. This Agreement and the Plan (and
                -----------------------------
the other writings referred to herein) constitute the entire agreement between
the parties with respect to the subject matter hereof and thereof and supersede
all prior written or oral negotiations, commitments, representations and
agreements with respect thereto. If any particular provision of this Agreement
shall be adjudicated by a court of competent jurisdiction to be invalid,
prohibited or unenforceable for any reason, such provision, as to such
jurisdiction, shall be ineffective, without invalidating the remaining
provisions of this Agreement or affecting the validity or enforceability of such
provision in any other jurisdiction.

        IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the Grant Date. This Agreement may be executed in counterparts.

                                  NOVELIS INC.

                                  By:
                                          ______________________________________

                                  Name:
                                          ______________________________________

                                  Title:
                                          ______________________________________

                                  PARTICIPANT

                                  ______________________________________________

                                  Date:   ______________________________________

                                        3EX-10.83

Exhibit 10.83

NINTH AMENDMENT TO 

AMENDED AND RESTATED CREDIT AGREEMENT 

This Ninth Amendment to Amended and Restated Credit Agreement (this “Amendment”) is
dated as of October 31, 2006 (the “Amendment Closing Date”) and entered into by and among
Bank of America, N.A., as lender (the “Lender”), with offices at 55 South Lake Avenue,
Suite 900, Pasadena, California 91101, and Meade Instruments Corp., a Delaware corporation, Simmons
Outdoor Corp., a Delaware corporation, and Coronado Instruments, Inc., a California corporation
(such entities being referred to hereinafter each individually as a “Borrower” and
collectively, the “Borrowers”).

WHEREAS, the Lender and the Borrowers have entered into that certain Amended and Restated
Credit Agreement dated as of October 25, 2002 (as amended, restated or modified from time to time,
the “Agreement”); and

WHEREAS, in order to avoid any default related to the filing of the Borrowers’ annual and
quarterly reports as set forth in the Agreement, the Borrowers have requested that the Lender amend
the Agreement in certain respects and the Lender has agreed to such amendments pursuant to the
terms and conditions provided herein.

NOW, THEREFORE, in consideration of the mutual conditions and agreements set forth in the
Agreement and this Amendment, and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties, intending to be legally bound, hereby
agree as follows:

ARTICLE I

Definitions

Section 1.01. Definitions. Capitalized terms used in this Amendment, to the extent
not otherwise defined herein, shall have the same meanings as in the Agreement, as amended hereby.

ARTICLE II

Amendments

Section 2.01. Amendment of Section 5.2(a). Solely with respect to the Fiscal Year of
the Borrower ending February 28, 2006, the ninety (90) day period set forth in Section
5.2(a) of the Agreement that was previously amended, is now amended to read two hundred
seventy-five (275) days which, for avoidance of doubt, is November 30, 2006. Section
5.2(a) shall remain unchanged with respect to all other Fiscal Years of the Borrower ending
thereafter.

Section 2.02. Amendment of Section 5.2(b). Solely with respect to the fiscal quarter
of the Borrower ending May 31, 2006 and the fiscal quarter of the Borrower ending August 31, 2006,
the text “forty-five (45) days after the end of each fiscal quarter” set forth in Section
5.2(b) of the Agreement that was previously amended, is now amended to read “the earlier to
occur of November 30, 2006 or five (5) days after the delivery of the 10K for the Fiscal Year
ending February 28, 2006”. Section 5.2(b) shall remain unchanged with respect to all other
fiscal quarters of the Borrower ending thereafter.

ARTICLE III

Section 3.01. Conditions Precedent. The effectiveness of this Amendment is subject to
the satisfaction of the following conditions precedent:

(i) The representations and warranties contained herein and in the Agreement, as
amended hereby, shall be true and correct in all material respects as of the date hereof as
if made on the date hereof, except for such representations and warranties limited by their
terms to a specific date;

(ii) The Borrowers shall have delivered to the Lender an executed original copy of this
Amendment;

(iii) The Borrowers shall have delivered to the Lender executed original copies of each
of the Consents and Reaffirmations attached to this Amendment;

(iv) No Default or Event of Default shall have occurred and be continuing; and

(v) All proceedings taken in connection with the transactions contemplated by this
Amendment and all documentation and other legal matters incident thereto shall be
satisfactory to the Lender in its sole and absolute discretion.

ARTICLE IV

Section 4.01. Acknowledgment. Each Borrower hereby represents and warrants that the
execution and delivery of this Amendment and compliance by such Borrower with all of the provisions
of this Amendment, (i) are within its powers and purposes, (ii) have been duly authorized or
approved by such Borrower, and (iii) when executed and delivered by or on behalf of such Borrower,
will constitute valid and binding obligations of the Borrower, enforceable in accordance with their
terms. Each Borrower reaffirms its obligation to pay all amounts due the Lender under the Loan
Documents in accordance with the terms thereof, as modified hereby.

Section 4.02. Loan Documents Unmodified. Except as otherwise specifically modified by
this Amendment, all terms and provisions of the Agreement and all other Loan Documents, as modified
hereby, shall remain in full force and effect. Nothing contained in this Amendment shall in any
way impair the validity or enforceability of the Loan Documents, as modified hereby or alter,
waive, annul, vary, affect, or impair any provisions, conditions, or covenants contained therein or
any rights, powers, or remedies granted therein. Any lien and/or security interest granted to the
Lender in the Collateral set forth in the Agreement or any other Loan Document is and shall remain
unchanged and in full force and effect and the Agreement and the other Loan Documents shall
continue to secure the payment and performance of all of the Obligations thereunder, as modified
hereby, and the Borrowers’ obligations hereunder.

Section 4.03. Parties, Successors and Assigns. This Amendment shall be binding upon
and shall inure to the benefit of each of the Borrowers, the Lender, and their respective
successors and assigns.

Section 4.04. Counterparts. This Amendment may be executed in one or more
counterparts, each of which when so executed shall be deemed to be an original, but all of which
when taken together shall constitute one and the same instrument. A facsimile signature shall be
deemed effective as an original.

Section 4.05. Headings. The headings, captions and arrangements used in this
Amendment are for convenience only and shall not affect the interpretation of this Amendment.

Section 4.06. Expenses of the Lender. The Borrowers agree to pay on demand (i) all
reasonable costs and expenses incurred by the Lender in connection with the preparation,
negotiation and execution of this Amendment and the other Loan Documents executed pursuant hereto
and any and all subsequent amendments, modifications, and supplements hereto or thereto, including,
without limitation, the costs and fees of the Lender’s legal counsel and the allocated cost of
staff counsel and (ii) all costs and expenses reasonably incurred by the Lender in connection with
the enforcement or preservation of any rights under the Agreement, this Amendment and/or other Loan
Documents, including, without limitation, the reasonable costs and fees of the Lender’s legal
counsel, the allocated cost of staff counsel, and the costs and fees associated with any
environmental due diligence conducted in relation hereto.

Section 4.07. Total Agreement. This Amendment, the Agreement, and all other Loan
Documents shall constitute the entire agreement between the parties relating to the subject matter
hereof, and shall rescind all prior agreements and understandings between the parties hereto
relating to the subject matter hereof, and shall not be changed or terminated orally.

Section 4.08. WAIVER OF JURY TRIAL. TO THE EXTENT PERMITTED BY LAW, EACH OF THE
BORROWERS AND THE LENDER IRREVOCABLY WAIVE THEIR RESPECTIVE RIGHTS TO A TRIAL BY JURY OF ANY CLAIM
OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF OR RELATED TO THIS AMENDMENT, THE AGREEMENT, THE
OTHER LOAN DOCUMENTS, OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY, IN ANY ACTION, PROCEEDING
OR OTHER LITIGATION OF ANY TYPE BROUGHT BY ANY OF THE PARTIES AGAINST ANY OTHER PARTY OR ANY
LENDER-RELATED PERSON OR PARTICIPANT, WHETHER WITH RESPECT TO CONTRACT CLAIMS, TORT CLAIMS, OR
OTHERWISE. Without limiting the applicability of any other provision of the Credit Agreement, the
terms of Section 12.3 of the Agreement shall apply to this Amendment.

1

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

“BORROWERS”:

MEADE INSTRUMENTS CORP.

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	Senior Vice President & CFO
	
 
	 	 

SIMMONS OUTDOOR CORP.

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	Senior Vice President & CFO
	
 
	 	 

CORONADO INSTRUMENTS, INC.

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	Senior Vice President & CFO
	
 
	 	 

“LENDER”:

BANK OF AMERICA, N.A.

By: /s/ Todd R. Eggertsen

	 	 	 
	 	 	Name: Todd R. Eggertsen	 
	 	 	Title:	 	 	Vice President

2

CONSENTS AND REAFFIRMATIONS

Each of MEADE INSTRUMENTS EUROPE CORP., a California corporation, and MEADE INSTRUMENTS
HOLDINGS CORP., a California corporation, hereby acknowledges the execution of, and consent to, the
terms and conditions of that Ninth Amendment to Amended and Restated Credit Agreement dated as of
October 31, 2006, among MEADE INSTRUMENTS CORP., SIMMONS OUTDOOR CORP., CORONADO INSTRUMENTS, INC.
and BANK OF AMERICA, N.A. (“Creditor”), and reaffirms its obligations under (a) that
certain Continuing Guaranty (the “Guaranty”) dated as of September 24, 2001, made by the
undersigned in favor of the Creditor, and (b) that certain Security Agreement (the “Security
Agreement”) dated as of September, 2001, by and between the undersigned and the Creditor. Each
of the undersigned acknowledges and agrees that each of the Guaranty and the Security Agreement
remain in full force and effect and are hereby ratified and confirmed.

Dated as of October 31, 2006.

MEADE INSTRUMENTS EUROPE CORP., a California
corporation

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	Senior Vice President & CFO
	
 
	 	 

	 	 	MEADE INSTRUMENTS HOLDINGS CORP., a California
corporation

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	Senior Vice President & CFO
	
 
	 	 

3

CONSENTS AND REAFFIRMATIONS

Each of MTSC HOLDINGS, INC., a California corporation (“MTSC”), MC HOLDINGS,
INC., a California corporation (“MC HOLDINGS”), and MEADE CORONADO HOLDINGS CORP., a
California corporation (“MCHC”), hereby acknowledges the execution of, and consents to, the
terms and conditions of that Ninth Amendment to Amended and Restated Credit Agreement dated as of
October 31, 2006, among MEADE INSTRUMENTS CORP., SIMMONS OUTDOOR CORP., CORONADO INSTRUMENTS, INC.
and BANK OF AMERICA, N.A. (“Creditor”), and reaffirms its obligations under that certain
Continuing Guaranty (the “Guaranty”) dated as of September 24, 2001 executed in favor of
the Creditor and joined by each of the undersigned pursuant to an Instrument of Joinder, dated as
of (i) October 25, 2002 with respect to MTSC and MC HOLDINGS, and (ii) December 1, 2004 with
respect to MCHC (respectively, the “Instrument”). Each of the undersigned acknowledges and
agrees that each of the Guaranty and Instrument remain in full force and effect and are hereby
ratified and confirmed.

Dated as of October 31, 2006.

MTSC HOLDINGS, INC., a California corporation,

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	Senior Vice President & CFO
	
 
	 	 

	 	 	MC HOLDINGS, INC., a California corporation

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	Senior Vice President & CFO
	
 
	 	 

	 	 	MEADE CORONADO HOLDINGS CORP., a California
corporation

	 	 	 
	By:

	 	/s/ Brent W. Christensen
	
 
	 	 
	Name:

	 	Brent W. Christensen
	
 
	 	 
	Title:

	 	Senior Vice President & CFO
	
 
	 	 
	 
	 	 

4

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