Document:

Nonqualified Stock Option

 Exhibit 10.01 
  
 II-VI INCORPORATED 
 NONQUALIFIED STOCK OPTION 
  

			
	Granted to:
                                        
                	 	No. of shares of II-VI Incorporated
	Social Security #:
                                        
    	 	Common Stock:
                                        
                            
		
	Grant Date:
                                        
                	 	Option Price per share:
$                                        
                
	Expiration Date:
                                        
        	 	 

  
 THIS NONQUALIFIED
STOCK OPTION is granted by II-VI Incorporated, a Pennsylvania corporation (the “Company” or “II-VI”), to you (“Optionee”), a director, employee or consultant of the Company or one of its
subsidiaries, pursuant to the terms and conditions of the II-VI Incorporated 2005 Omnibus Incentive Plan, as amended from time to time (the “Plan”), a summary of which has been delivered to you. The terms of the Plan are
incorporated herein by this reference. This document shall constitute an Award Agreement as that term is defined in the Plan and is intended to be a Qualified Performance-Based Award within the meaning of Section 2.27 of the Plan. The Company
recognizes the value of your continued service as a key employee and has awarded you this nonqualified stock option under the Plan, subject to the following terms and conditions: 
  
 1. Grant. The Company hereby grants you on and as of the date specified above (the “Grant Date”) a
nonqualified stock option (“Option”) to purchase from the Company the above stated number of shares of II-VI Common Stock, no par value, at the price per share stated above (the “Option Price”), which is the fair
market value of the of a share of Common Stock on the date hereof, which Option shall expire on the expiration date stated above (the “Expiration Date”), unless it expires earlier in accordance with the terms hereof. The Expiration
Date shall in no event be later that ten (10) years from the Grant Date. 
  
 2. Vesting. The Option shall be exercisable, pursuant to the terms of the Plan and shall vest and become exercisable in installments, as follows: [DESCRIBE VESTING SCHEDULE – e.g., twenty percent (20%)
of the total number of shares subject to this Option shall become exercisable on each of the first, second, third, fourth and fifth anniversaries of the Grant Date]. 
  
 3. Post-termination Exercise. Upon the termination of your employment with or service to the Company and its
subsidiaries (for any reason other than (i) early, normal or late retirement as those terms are defined in the Company’s profit sharing plan, (ii) death or (iii) total and permanent disability as defined in Section 105(d)(4) of the Internal
Revenue Code), Options, whether or not then exercisable pursuant to paragraph 2 above, shall immediately lapse and become null and void on and as of the date of such termination. Upon the termination of your employment with or service to the Company
and its subsidiaries due to (i) early, normal or late retirement as those terms are defined in the Company’s profit sharing plan, (ii) death or (iii) total and permanent disability as defined in Section 105(d)(4) of the Internal Revenue Code,
Options may be exercised post-termination during the applicable periods set forth in Section 5.9 of the Plan. 

 4. Acceleration of Vesting. 
  
 4.1. All Options shall immediately vest and become exercisable immediately prior to a Change in Control. Any Options
remaining unexercised upon a Change in Control shall lapse upon such Change in Control and shall be null and void. For purposes of this paragraph 4, “Change in Control” means (i) the consummation of any merger or consolidation as a
result of which the common stock of the Company shall be changed, converted or exchanged (other than a merger with a wholly owned subsidiary of the Company) or any liquidation of the Company or any sale or other disposition of substantially all of
the assets of the Company; or (ii) the consummation of any merger or consolidation to which the Company is a party as a result of which the persons (as that term is used in Sections 13(d) and 14(d)(2) of the Securities Exchange Act of 1934, as
amended) who were stockholders of the Company immediately prior to the effective date of the merger or consolidation shall have beneficial ownership of less than a majority of the combined voting power for election of directors of the surviving
corporation following the effective date of such merger or consolidation. 
  
 4.2. All Options shall immediately vest and become exercisable upon the termination of your employment with or service to the Company and its subsidiaries due to (i) early, normal or late retirement as those terms are
defined in the Company’s profit sharing plan, (ii) death or (iii) total and permanent disability as defined in Section 105(d)(4) of the Internal Revenue Code, and shall remain exercisable as set forth more fully in paragraph 3 above.

  
 5. Payment of Option Price. Any exercisable portion of
the Option may be exercised in whole or in part, but in no event with respect to a fraction of a share, from time to time until the Expiration Date, unless otherwise terminated pursuant to the terms of the Plan or this Award Agreement. Exercise
shall be by written notice of exercise to the Company at the following address: 
  
 II-VI Incorporated 
 Attention: Chief Financial Officer 
 375 Saxonburg Boulevard 
 Saxonburg,
Pennsylvania 16056 
  
 and shall specify the number of shares to be purchased, the
Option Price of each share and the aggregate Option Price for all shares being purchased under said notice. The notice shall be accompanied by payment of the aggregate Option Price for the number of shares purchased and any applicable withholding
taxes. Such exercise (subject to paragraph 6 hereof) shall be effective upon the actual receipt of such payment and notice to the Company. The aggregate Option Price for all shares purchased pursuant to an exercise of the Option shall be (i) paid by
check payable to the order of the Company or by (ii) shares of Common Stock of the Company held by you for at least six (6) months, the fair market value of which at the time of such exercise is equal to the aggregate Option Price (or portion
thereof to be paid with previously owned Common Stock). Payment of the Option Price in shares of Common Stock shall be made by delivering properly endorsed stock certificates to the Company or otherwise causing such Common Stock to be transferred to
the account of the Company, either physically or through attestation. In addition, the aggregate Option Price for all shares purchased pursuant to an 
  

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 exercise of the Option may be paid from the proceeds of sale through a bank or broker on the date of exercise of some or
all of the shares to which the exercise relates (a “Cashless Exercise”). There shall be furnished with each notice of the exercise of any portion of the Option such documents as the Company in its discretion may deem necessary to
assure compliance with applicable rules and regulations of any stock exchange or governmental authority. No rights or privileges of a stockholder of the Company in respect to such shares issuable upon the exercise of any part of the Option shall
accrue to you unless and until certificates representing such shares have been registered in your name. 
  
 6. Compliance with Laws. The Option shall not be exercised in whole or in part and no related share certificates shall be delivered in the sole
discretion of the Company: (a) if such exercise or delivery would constitute a violation of any provision of, or any regulation or order entered pursuant to, any law purporting to regulate wages, salaries or compensation; or (b) if any requisite
approval, consent, registration or other qualification of any stock exchange or quotation system upon which the securities of the Company may then be listed, the Securities and Exchange Commission or other governmental authority having jurisdiction
over the exercise of the Option or the issuance of shares pursuant thereto, shall not have been secured. 
  
 7. Nontransferability. Except as otherwise provided in the Plan, the Option shall not be sold, pledged, assigned, hypothecated, transferred or
disposed of (a “Transfer”) in any manner, other than by will or the laws of descent and distribution. Any attempt to Transfer the Option in violation of this paragraph or the Plan shall render this Option null and void. 

 
 8. Adjustments. The number of shares covered by the Option and the
Option Price, shall be adjusted to reflect any stock dividend, stock split, or combination of shares of the Company’s Common Stock. In addition, the Committee may make or provide for such adjustment in the number of shares covered by the
Option, and the kind of shares covered the Option, as the Committee in its sole discretion may in good faith determine to be equitably required in order to prevent dilution or enlargement of Optionee’s rights that otherwise would result from
(a) any exchange of shares of the Company’s Common Stock, recapitalization or other change in the capital structure of the Company, (b) any merger, consolidation, spin–off, spin–out, split–off, split–up, reorganization,
partial or complete liquidation or other distribution of assets (other than a normal cash dividend), issuance of rights or warrants to purchase securities, or (c) any other corporate transaction or event having an effect similar to any of the
foregoing. Moreover, in the event of any such transaction or event, the Committee may provide in substitution for the Option such alternative consideration as it may in good faith determine to be equitable under the circumstances and may require in
connection therewith the surrender of the Option so replaced. 
  
 9. Plan Provisions. In addition to the terms and conditions set forth herein, this Award is subject to and governed by the terms and conditions set forth in the Plan, which is hereby incorporated by reference. Unless the context
otherwise requires, capitalized terms used in this Award and not otherwise defined herein shall have the meanings set forth in the Plan. In the event of any conflict between the provisions of the Award and the Plan, the Plan shall control.

  

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 10. No Continued Rights. The granting of this Award shall not give Optionee any rights to similar
grants in future years or any right to continuance of employment or other service with the Company or any one of its subsidiaries, nor shall it interfere in any way with any right that the Company or any one or it’s subsidiaries would otherwise
have to terminate Optionee’s employment or other service at any time, or the right of Optionee to terminate his or her services at any time. 
  
 11. Severability. If any term, provision, covenant or restriction contained in the Award is held by a court or a federal regulatory agency of
competent jurisdiction to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions contained in the Award shall remain in full force and effect, and shall in no way be affected, impaired or invalidated.

  
 12. Controlling Law. The validity, construction and
effect of this Award will be determined in accordance with the internal laws of the Commonwealth of Pennsylvania without giving effect to the conflict of laws. Optionee and the Company hereby irrevocably submit to the exclusive concurrent
jurisdiction of the courts of the Commonwealth of Pennsylvania. Optionee and the Company also both irrevocably waive, to the fullest extent permitted by applicable law, any objection either may now or hereafter have to the laying of venue of any
such dispute brought in such court or any defense of inconvenient forum for the maintenance of such dispute. 
  
 13. Entire Agreement. The Award contains the entire understanding between the parties and supersedes any prior understanding and agreements between
them representing the subject matter hereof with respect to this Award, except that this Award shall be subject to the terms and conditions set forth in any employment agreement between Optionee and Company. There are no other representations,
agreements, arrangements or understandings, oral or written, between and among the parties hereto relating to the subject matter hereof which are not fully expressed herein. 
  
 14. Captions. Section and other headings contained in this Award are for reference purposes only and are in no way
intended to describe, interpret, define or limit the scope, extent or intent of the Award or any provision hereof. 
  
 15. Limitation of Actions. Any lawsuit with respect to any matter arising out of or relating to this Award must be filed no later than one (1) year
after the date that a denial of any claim hereunder is made or any earlier date that the claim otherwise accrues. 
  
 16. Section 409A of the Code. This Award is intended to satisfy all applicable requirements of Section 409A of the Code and shall be construed
accordingly. The Company in its discretion impose conditions on the timing and effectiveness of any exercise by Recipient, or take any other action it deems necessary to comply with the requirements of Section 409A, including amending the Award,
without Recipient’s consent, in any manner it deems necessary to cause the Award to comply with the applicable requirements of Section 409A. Notwithstanding, Recipient recognizes and acknowledges that Section 409A of the Code may affect the
timing and recognition of payments due hereunder, and may impose upon the Optionee certain taxes or other charges for which the Recipient is and shall remain solely responsible. 
  

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	WITNESS	 	II-VI INCORPORATED
			
	  

	 	By:	 	  

	[name]	 	 	 	[name]
	[title]	 	 	 	[title]
	 	 	 	 	            (Corporate Seal)
			
	WITNESS	 	 	 	OPTIONEE
			
	
	 	 	 	  

  

 5Restricted Share Award

 Exhibit 10.02 
  
 II-VI INCORPORATED 
 RESTRICTED SHARE AWARD 
  

			
	Granted to:
                                        
                            	 	No. of shares of II-VI Incorporated
	Social Security #:
                                        
                	 	Common Stock:
                                        
                            
		
	Grant Date:
                                        
                          	 	 

  
 THIS RESTRICTED SHARE
AWARD is granted by II-VI Incorporated, a Pennsylvania corporation (the “Company” or “II-VI”), to you (“Recipient”), a director, employee or consultant of the Company or one of its subsidiaries,
pursuant to the terms and conditions of the II-VI Incorporated 2005 Omnibus Incentive Plan, as amended from time to time (the “Plan”), a summary of which has been delivered to you. This document shall constitute an Award Agreement
as that term is defined in the Plan. The Company recognizes the value of your continued service as a key employee and has awarded you this restricted share award under the Plan, subject to the following terms and conditions: 
  
 1. Share Award. The Company hereby grants to Recipient an award of
the above stated number of shares of II-VI Common Stock, no par value, subject to the restrictions and other conditions set forth herein. Such shares are hereinafter referred to as the “Restricted Shares.” 
  
 2. Restrictions. The Restricted Shares shall vest and become
transferable, pursuant to the terms of the Plan, as follows: [DESCRIBE VESTING SCHEDULE – e.g., twenty percent (20%) of the total number of Restricted Shares shall vest and become transferable on each of the first, second, third, fourth and
fifth anniversaries of the Grant Date]. Restricted Shares that have not vested may not be sold, transferred, pledged, assigned or otherwise alienated or hypothecated. Restricted Shares that have not vested shall be subject to forfeiture as
provided in Section 3 below. Upon a Change in Control of the Company (as defined in Section 11 below) all unvested Restricted Shares shall immediately vest and become transferable. In the event of the termination of your employment or other service
to the Company or its subsidiaries upon (i) early, normal or late retirement as those terms are defined in the Company’s profit sharing plan, (ii) death or (iii) total and permanent disability as defined in Section 105(d)(4) of the Internal
Revenue Code, any unvested Restricted Shares shall immediately vest and become transferable by Recipient or Recipient’s estate as the case may be. 
  
 3. Change in Status. If Recipient’s employment with or service to the Company and its subsidiaries terminates for reasons other than (i)
early, normal or late retirement as those terms are defined in the Company’s profit sharing plan, (ii) death or (iii) total and permanent disability as defined in Section 105(d)(4) of the Internal Revenue Code, or if Recipient’s status
changes to a position which the Company deems to be ineligible for this restricted share award, any Restricted Shares which had been granted to Recipient which have not yet become vested and transferable, as of the date of Recipient’s
termination or upon Recipient’s commencing employment or service in a non–eligible position, shall be immediately forfeited by Recipient. 

 4. Book Entry Account. Within a reasonable time after the Grant Date of this Award, the Company
shall instruct its transfer agent to establish a book entry account representing the Restricted Shares in Recipient’s name effective as of the Grant Date, provided that the Company shall retain control of such account until the Restricted
Shares have become vested in accordance with the Award. 
  
 5.
Shareholder Rights. Upon the effective date of the book entry pursuant to Section 4 above, Recipient shall have all of the rights of a shareholder with respect to the Restricted Shares, including the right to vote the shares and to receive
all dividends or other distributions paid or made available with respect to such shares. Notwithstanding the foregoing, any stock dividends or other in–kind dividends or distributions shall be held by the Company until the related Restricted
Shares have become vested in accordance with this Award and shall remain subject to the forfeiture provisions applicable to the Restricted Shares to which such dividends or distributions relate. 
  
 6. Fractional Shares. The Company shall not be required to issue any
fractional shares pursuant to this Award, and the Company may round fractions down. 
  
 7. Withholding. Recipient shall pay all applicable federal, state and local income and employment taxes (including taxes of any foreign jurisdiction) which the Company is required to withhold at any time with
respect to the Restricted Shares. Such payment shall be made in full, at Recipient’s election, in cash or check, or by the tender of previously acquired shares of the Company’s common stock (including shares then vesting under this Award).
Shares tendered as payment of required withholding shall be valued at the closing price per share of the Company’s common stock on the date such withholding obligation arises. 
  
 8. Nontransferability. Except as otherwise provided in the Plan, the Restricted Shares shall not be sold, pledged,
assigned, hypothecated, transferred or disposed of (a “Transfer”) in any manner, other than by will or the laws of descent and distribution. Any attempt to Transfer the Restricted Shares in violation of this paragraph or the Plan
shall render this Award null and void. 
  
 9. Adjustments.
The number of Restricted Shares shall be adjusted to reflect any stock dividend, stock split, or combination of shares of the Company’s Common Stock. In addition, the Committee may make or provide for such adjustment in the number of Restricted
Shares, as the Committee in its sole discretion may in good faith determine to be equitably required in order to prevent dilution or enlargement of Recipient’s rights that otherwise would result from (a) any exchange of shares of the
Company’s Common Stock, recapitalization or other change in the capital structure of the Company, (b) any merger, consolidation, spin–off, spin–out, split–off, split–up, reorganization, partial or complete liquidation or
other distribution of assets (other than a normal cash dividend), issuance of rights or warrants to purchase securities, or (c) any other corporate transaction or event having an effect similar to any of the foregoing. Moreover, in the event of any
such transaction or event, the Committee may provide in substitution for the Restricted Shares such alternative consideration as it may in good faith determine to be equitable under the circumstances and may require in connection therewith the
surrender of the Restricted Shares so replaced. 
  

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 10. Plan Provisions. In addition to the terms and conditions set forth herein, the Award is
subject to and governed by the terms and conditions set forth in the Plan, which is incorporated herein by reference. Unless the context otherwise requires, capitalized terms used in this Award shall have the meanings set forth in the Plan. In the
event of any conflict between the provisions of this Award and the Plan, the Plan shall control. 
  
 11. Change in Control. For purposes of this Award, “Change in Control” means (i) the consummation of any merger or consolidation
as a result of which the common stock of the Company shall be changed, converted or exchanged (other than a merger with a wholly owned subsidiary of the Company) or any liquidation of the Company or any sale or other disposition of substantially all
of the assets of the Company; or (ii) the consummation of any merger or consolidation to which the Company is a party as a result of which the persons (as that term is used in Sections 13(d) and 14(d)(2) of the Securities Exchange Act of 1934, as
amended) who were stockholders of the Company immediately prior to the effective date of the merger or consolidation shall have beneficial ownership of less than a majority of the combined voting power for election of directors of the surviving
corporation following the effective date of such merger or consolidation. 
  
 12. Notice. Any written notice required or permitted by this Award shall be mailed, certified mail (return receipt requested) or by overnight carrier, to the Company at the following address: 
  
 II-VI Incorporated 
 Attention: Chief Financial Officer 
 375 Saxonburg Boulevard 
 Saxonburg, Pennsylvania 16056 
  
 , or to Recipient at his most recent home address on record with the Company. Notices are effective upon receipt. 
  
 13. No Continued Rights. The granting of this Award shall not give
Recipient any rights to similar grants in future years or any right to continuance of employment or other service with the Company or any of its subsidiaries, nor shall it interfere in any way with any right that the Company or any of it’s
subsidiaries would otherwise have to terminate Recipient’s employment or other service at any time, the right of the Company or its subsidiary to assign Recipient to a position that is ineligible for this restricted share award, or the right of
Recipient to terminate his or her services at any time. 
  
 14.
Severability. If any term, provision, covenant or restriction contained in the Award is held by a court or a federal regulatory agency of competent jurisdiction to be invalid, void or unenforceable, the remainder of the terms, provisions,
covenants and restrictions contained in the Award shall remain in full force and effect, and shall in no way be affected, impaired or invalidated. 
  
 15. Controlling Law. The validity, construction and effect of this Award will be determined in accordance with the internal laws of the
Commonwealth of Pennsylvania without giving effect to the conflict of laws. Recipient and the Company hereby irrevocably submit to 
  

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 the exclusive concurrent jurisdiction of the courts of the Commonwealth of Pennsylvania. Recipient and the Company also
both irrevocably waive, to the fullest extent permitted by applicable law, any objection either may now or hereafter have to the laying of venue of any such dispute brought in such court or any defense of inconvenient forum for the maintenance of
such dispute. 
  
 16. Entire Agreement. The Award contains
the entire understanding between the parties and supersedes any prior understanding and agreements between them representing the subject matter hereof with respect to this Award, except that this Award shall be subject to the terms and conditions
set forth in any employment agreement between Recipient and Company. There are no other representations, agreements, arrangements or understandings, oral or written, between and among the parties hereto relating to the subject matter hereof which
are not fully expressed herein. 
  
 17. Captions. Section
and other headings contained in this Award are for reference purposes only and are in no way intended to describe, interpret, define or limit the scope, extent or intent of the Award or any provision hereof. 
  
 18. Limitation of Actions. Any lawsuit with respect to any matter
arising out of or relating to this Award must be filed no later than one (1) year after the date that a denial of any claim hereunder is made or any earlier date that the claim otherwise accrues. 
  

					
	WITNESS	 	II-VI INCORPORATED
			
	  

	 	By:	 	  

	[name]	 	 	 	[name]
	[title]	 	 	 	[title]
	 	 	 	 	            (Corporate Seal)
			
	WITNESS	 	 	 	RECIPIENT
			
	  

	 	 	 	  

  

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