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  Exhibit 10.3    
    

 
 

  CF INDUSTRIES HOLDINGS, INC.
  2014 EQUITY AND INCENTIVE PLAN
  NON-EMPLOYEE DIRECTOR RESTRICTED STOCK
  AWARD AGREEMENT    
    

Name
of Grantee: [Name] 

Restricted
Stock: [                        ] shares of Restricted Stock 

Grant
Date: [                                    ] 

Vesting
Date: The earlier to occur of the first annual meeting of Company shareholders occurring after the Grant Date or the first anniversary of the Grant Date, subject to earlier acceleration as
described herein. 

Capitalized
terms used but not otherwise defined herein shall have the meaning ascribed to such terms as defined in the CF Industries Holdings, Inc. 2014 Equity and Incentive Plan (the "Plan").
Please review this Award Agreement and promptly return a signed copy to Wendy Jablow Spertus in order to render the grant effective. 

*                        *                
        *                        *         
               *
 

	1.
	You
have been granted the shares of Restricted Stock shown above, pursuant to the Plan and subject to the terms and conditions of the Plan and this Award
Agreement.

	2.
	From
the Grant Date until the Vesting Date, you may not sell, assign, transfer, donate, pledge or otherwise dispose of the Restricted Stock unless such
restrictions shall lapse prior to the Vesting Date as described herein.

	3.
	Each
certificate representing Restricted Stock shall bear the following legend: 

THE
SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN RESTRICTIONS UPON TRANSFER AS SET FORTH IN AN AGREEMENT BETWEEN THE COMPANY AND THE SHAREHOLDER, A COPY OF WHICH IS ON FILE WITH THE
COMPANY.  

You
shall be entitled to have such legend removed from such certificate when the restrictions referred to in Section 2 with respect to the Restricted Stock have lapsed. 

	4.
	Restrictions
on the Restricted Stock shall lapse on the Vesting Date, subject to earlier lapse upon a Change in Control as provided for in the Plan or as
otherwise provided herein.

	5.
	If,
prior to the date the restrictions on your Restricted Stock shall have lapsed, you resign from the Board for any reason, your service with the Board is
terminated, or you attempt to sell, assign, transfer, donate, pledge or otherwise dispose of your Restricted Stock, the Restricted Stock shall be forfeited and you shall thereafter have no right,
title or interest in the Restricted Stock. Notwithstanding the above, in the event of your death or disability (as determined by the Board) or in the event that you are not reappointed or reelected to
the Board, the restrictions and forfeiture conditions applicable to the Restricted Stock shall lapse, and the Restricted Stock shall be deemed fully vested in accordance with the terms of the Plan.

	6.
	During
the restricted period, you shall have the right to vote Restricted Stock and to receive any dividends or distributions paid on such stock. 

	7.
	The
Company shall not be liable for any tax liability that may arise as a result of the transactions contemplated by this Award Agreement and you understand
that you shall be solely liable for any such tax liabilities.

	8.
	The
Plan is incorporated herein by reference. The Plan and this Award Agreement constitute the entire agreement of the parties with respect to the subject
matter hereof and supersede in their entirety all prior undertakings and agreements of you and the Company with respect to the subject matter hereof, and may not be modified except by means of a
writing signed by you and the Company. If there is a conflict between the terms and conditions of the Plan and the terms and conditions of this Award Agreement, the terms and conditions of the Plan
shall govern. This Award Agreement is governed by the internal substantive laws, but not the choice of law rules, of the State of Delaware. 

        By
your signature and the signature of the Company's representative below, you and the Company agree that this Award is granted under and governed by the terms and conditions of the
Plan, the
terms of which are incorporated herein, and this Award Agreement. You have reviewed the Plan and this Award Agreement in their entirety, have had an opportunity to obtain the advice of counsel prior
to executing this Award Agreement and fully understand all provisions of the Plan and Award Agreement. You hereby agree to accept as binding, conclusive and final all decisions or interpretations of
the Committee upon any questions relating to the Plan and Award Agreement. You further agree to notify the Company upon any change in your residential address shown below. 

 

			
	GRANTEE	 	CF INDUSTRIES HOLDINGS, INC.
	
 

  [Name]

[Address]

[City], [State] [Zipcode]	
 	
  

  By: Douglas C. Barnard

Title: Senior Vice President, General Counsel,

and Secretary

 

 

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Exhibit 10.3

CF INDUSTRIES HOLDINGS, INC. 2014 EQUITY AND INCENTIVE PLAN NON-EMPLOYEE DIRECTOR RESTRICTED STOCK AWARD AGREEMENTExhibit 4.1

 

AXIALL CORPORATION

 

SECOND SUPPLEMENTAL INDENTURE
 To the Indenture dated as of February 1, 2013

 

SECOND SUPPLEMENTAL INDENTURE (this “Second Supplemental Indenture”), dated as of June 27, 2014, among RBS (U.S.A.) Limited (the “Guaranteeing Subsidiary”), a Delaware corporation and subsidiary of Axiall Corporation, a Delaware corporation (the “Issuer”), the Issuer and U.S. Bank National Association, as trustee under the Indenture referred to below (the “Trustee”).

 

W I T N E S S E T H

 

WHEREAS, the Issuer has heretofore executed and delivered to the Trustee an indenture, dated as of February 1, 2013 as supplemented by the First Supplemental Indenture dated as of December 30, 2013, among the Company, the guarantors party thereto and the Trustee (as supplemented, the “Indenture”), providing for the issuance of 4.875% Senior Notes due 2023 (the “Notes”);

 

WHEREAS, the Indenture provides that the Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture pursuant to which the Guaranteeing Subsidiary shall unconditionally guarantee all of the Issuer’s Obligations under the Notes and the Indenture on the terms and conditions set forth therein and herein (the “Note Guarantee”); and

 

WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Second Supplemental Indenture.

 

NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiary and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:

 

1.             CAPITALIZED TERMS.  Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.

 

2.             AGREEMENT TO GUARANTEE.  The Guaranteeing Subsidiary hereby agrees to provide an unconditional Guarantee on the terms and subject to the conditions set forth in the Note Guarantee and in the Indenture including but not limited to Article 10 thereof.

 

4.             NO RECOURSE AGAINST OTHERS.  No past, present or future director, officer, employee, incorporator, stockholder or agent of the Guaranteeing Subsidiary, as such, shall have any liability for any obligations of the Issuer or any Guaranteeing Subsidiary under the Notes, any Note Guarantees, the Indenture or this Second Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation.  Each Holder of the Notes by accepting a Note waives and releases all such liability.

 

5.             NEW YORK LAW TO GOVERN.  THE INTERNAL LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS SECOND SUPPLEMENTAL INDENTURE WITHOUT GIVING EFFECT TO APPLICABLE

 

 

PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY.

 

6.             COUNTERPARTS.  The parties may sign any number of copies of this Second Supplemental Indenture.  Each signed copy shall be an original, but all of them together represent the same agreement.

 

7.             EFFECT OF HEADINGS.  The Section headings herein are for convenience only and shall not affect the construction hereof.

 

8.             THE TRUSTEE.  The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Second Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiary and the Issuer.

 

[Signature Page to Follow]

 

 

IN WITNESS WHEREOF, the parties hereto have caused this Second Supplemental Indenture to be duly executed and attested, all as of the date first above written.

 

 

	
 
    	
 
    	
AXIALL   CORPORATION
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/   Gregory C. Thompson
    
	
 
    	
 
    	
 
    	
Name:
    	
Gregory   C. Thompson
    
	
 
    	
 
    	
 
    	
Title:
    	
Chief   Financial Officer
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
RBS   (U.S.A.) LIMITED
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/   Gregory C. Thompson
    
	
 
    	
 
    	
 
    	
Name:
    	
Gregory   C. Thompson
    
	
 
    	
 
    	
 
    	
Title:
    	
Treasurer
    

 

Signature Page to Axiall Second

Supplemental Indenture to 4.875% Notes

 

 

	
 
    	
 
    	
U.S.   BANK NATIONAL ASSOCIATION, as Trustee
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/   Jack Ellerin
    
	
 
    	
 
    	
 
    	
Authorized   Signatory

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