Document:

exv10w13w7

 

Exhibit 10.13.7

AMENDMENT NO. 6

TO THE

RPM INTERNATIONAL INC. DEFERRED COMPENSATION PLAN

          THIS AMENDMENT NO. 6 to the RPM International Inc. Deferred Compensation Plan (hereinafter
known as the “Plan”) is executed by RPM International Inc. (hereinafter known as the “Company”) as
of the date set forth below.

WITNESSETH:

          WHEREAS, the Company maintains the Plan for the benefit of a select group of management
employees, highly compensated employees and directors of the Company and its subsidiaries; and

          WHEREAS, it is the desire of the Company to amend the Plan so that, upon a payout of stock
from a Participant’s Account Balance and Merger Account, the committee shall automatically sell the
number of such shares necessary to generate sufficient proceeds to satisfy the Participant’s
minimum tax liability resulting from the payout; and

          WHEREAS, the Company reserved the right, pursuant to Section 13.2 of the Plan, to make certain
amendments thereto;

          NOW, THEREFORE, pursuant to Section 13.2 of the Plan and effective as of the date hereof, the
Company hereby amends the Plan as follows:

     1. Article 15.1 of the Plan is hereby amended by the deletion of said Article 15.1 in
its entirety and the substitution in lieu thereof of the following new Article 15.1:

	 	“15.1 	 	Mandatory Sale of Shares of Stock. Subject to the terms, conditions
and restrictions specified under this Plan, the Committee shall, prior to making a
payout in Stock from a Participant’s Account Balance and Merger Account (whether a lump
sum, installment or other payout), sell or cause to be sold the fewest number of shares
of Stock held in such accounts necessary to generate

 

 

	 	 	 	sufficient proceeds of such sale to equal (or exceed by not more than the actual
sale price of a single share of Stock) the Participant’s minimum tax liability
determined by multiplying (A) the aggregate minimum marginal federal and applicable
state and local income tax rates on the date of the distribution; by (B) the total
number of shares of Stock to be distributed. The Committee shall withhold the
proceeds of such sale for purposes of satisfying the Participant’s federal, state
and local income taxes resulting from the payout of Stock. The Participant shall
provide the Committee with such stock powers and additional information or documents
as may be necessary for the Committee to discharge its obligations under this
Section.”

     IN WITNESS WHEREOF, RPM INTERNATIONAL INC., by its duly authorized officer, has caused this
Amendment No. 6 to the RPM International Inc. Deferred Compensation Plan to be signed effective as
of September 1, 2006.

	 	 	 	 	 	 	 
	 	 	RPM INTERNATIONAL INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Ronald A. Rice	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Ronald A. Rice	 	 
	 
	 	 	 	 	 	 
	 

	 	Its:
	 	Senior Vice President — Administration	 	 
	 

	 	 	 	 	 	 

2exv10w15w6

 

Exhibit 10.15.6

SIXTH AMENDMENT TO THE

RPM INTERNATIONAL INC. 1997 RESTRICTED STOCK PLAN

     THIS SIXTH AMENDMENT to the RPM International Inc. 1997 Restricted Stock Plan is executed by
RPM International Inc. (hereinafter referred to as the “Company”) as of the date set forth below.

WITNESSETH:

     WHEREAS, the Company adopted and maintains the RPM International Inc. 1997 Restricted Stock
Plan (hereinafter referred to as the “Plan”) for the benefit of certain of its employees and
certain employees of the Company’s subsidiaries; and

     WHEREAS, the Company reserved the right, pursuant to Section 8 of the Plan, to make certain
amendments thereto; and

     WHEREAS, it is the desire of the Company to amend the Plan so that, upon lapse of restrictions
on stock awarded thereunder, the Company or the escrow agent shall automatically sell the number of
shares necessary to generate sufficient proceeds to satisfy the grantee’s minimum tax liability
arising from the lapse of restrictions;

     NOW, THEREFORE, pursuant to Section 8 of the Plan and effective as of the date hereof, the
Company hereby amends the Plan as follows:

     1. Section 5.1 of the Plan is hereby amended by the deletion of Section 5.1 in its entirety
and the substitution in lieu thereof of a new Section 5.1 to read as follows:

     “5.1 The Shares shall not be sold, transferred or otherwise disposed of and shall not
be pledged or otherwise hypothecated (and any such sale, transfer or other disposition,
pledge or other hypothecation being hereinafter referred to as “to dispose of”
or a “disposition”) until the earliest of (a) the later of either the employee’s
termination of

 

 

employment with the Company and any of its subsidiaries or the lapse of the
right of the Company to a return of such Shares pursuant to Section 5.2 below; (b) a change
in control that occurs with respect to the Company; or (c) the termination of the Plan.
Notwithstanding the foregoing, but subject to the terms, conditions and restrictions
specified under this Plan, after the date that a participant’s Shares become nonforfeitable
in accordance with Article 5 or Article 6, and provided that the participant has not
surrendered the Shares in accordance with Section 11.3, the Company or the escrow agent (as
the case may be) shall sell the fewest number of such Shares with respect to which
restrictions have lapsed necessary for the proceeds of such sale to equal (or exceed by not
more than the actual sale price of a single Share) the participant’s minimum tax liability
determined by multiplying (A) the aggregate minimum marginal federal and applicable state
and local income tax rates on the date of the lapse of restrictions; by (B) the total number
of Shares with respect to which restrictions have lapsed. The Company or the escrow agent
(as the case may be) shall withhold the proceeds of such sale for purposes of satisfying the
participant’s federal, state and local income taxes resulting from the lapse of
restrictions. The Company or the escrow agent (as the case may be) shall deliver the
proceeds of the sale of Shares to the Internal Revenue Service and/or other taxing authority
in satisfaction of the participant’s tax liability arising from the lapse of restrictions.
The participant shall provide the Committee, the Company and/or the escrow agent with such
stock powers and additional information or documents as may be necessary for the Committee,
the Company and/or the escrow agent to discharge their obligations under this Section.”

2

 

     IN WITNESS WHEREOF, RPM International Inc., by its officer duly authorized, has caused this
Sixth Amendment to the RPM International Inc. 1997 Restricted Stock Plan to be signed effective as
of September 1, 2006.

	 	 	 	 	 	 	 
	 	 	RPM INTERNATIONAL INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Ronald A. Rice	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Ronald A. Rice	 	 
	 
	 	 	 	 	 	 
	 

	 	Its:
	 	Senior Vice President — Administration	 	 
	 

	 	 	 	 	 	 

3exv10w16w3

 

Exhibit 10.16.3

AMENDMENT NO. 3

TO THE RPM INTERNATIONAL INC.

2002 PERFORMANCE ACCELERATED RESTRICTED STOCK PLAN

     THIS AMENDMENT NO. 3 to the RPM International Inc. 2002 Performance Accelerated Restricted
Stock Plan is executed by RPM International Inc. (hereinafter known as the “Company”) as of the
date set forth below.

WITNESSETH:

     WHEREAS, RPM International Inc. maintains the RPM International Inc. 2002 Performance
Accelerated Restricted Stock Plan (hereinafter known as the “Plan) for the benefit of certain of
its employees and certain employees of affiliated companies; and

     WHEREAS, it is the desire of the Company to amend the Plan so that, upon lapse of restrictions
on restricted stock awarded thereunder, the Company or the escrow agent shall automatically sell
the number of such shares necessary to generate sufficient proceeds to satisfy the Grantee’s
minimum tax liability resulting from the lapse of restrictions; and

     WHEREAS, the Company has the right, pursuant to Section 12.1 of the Plan, to make certain
amendments thereto;

     NOW, THEREFORE, pursuant to Section 12.1 of the Plan and effective as of the date hereof, the
Company hereby amends the Plan as follows:

     1. Section 6.2 of the Plan is hereby amended by the deletion of said section in its entirety
and the substitution in lieu thereof of a new Section 6.2 to read as follows:

     “6.2 Restricted Stock Agreements. The granting of Restricted Stock to an
Eligible Employee under this Plan shall be contingent on such Eligible Employee

 

 

executing a Restricted
Stock Agreement in the form prescribed by the Committee. Each Restricted Stock Agreement
shall: (i) indicate the number of shares of Restricted Stock which will be granted to the
Eligible Employee; (ii) include provisions reflecting the transfer restrictions imposed upon
Restricted Stock under this Plan and the provisions for lapse of those restrictions under
this Plan; (iii) include provisions requiring the sale of shares of Restricted Stock to
satisfy the Grantee’s minimum federal, state and local income tax liability arising from
lapse of restrictions on such shares; and (iv) include any other terms, conditions or
restrictions the Committee deems necessary or appropriate. The Committee may solicit the
recommendation of the Company’s Chief Executive Officer in determining the number of shares
of Restricted Stock which shall be allocated to an Eligible Employee.”

     2. Section 8.4 of the Plan is hereby amended by the deletion of said section in its entirety
and the substitution in lieu thereof of a new Section 8.4 to read as follows:

     “8.4 Mandatory Sale of Shares of Restricted Stock to Satisfy Grantee’s Tax
Obligations. The Committee shall notify a Grantee of the lapse of restrictions on
shares of Restricted Stock awarded to him or her under this Article VIII within an
administratively practicable time after the lapse of restrictions. Subject to the terms,
conditions and restrictions specified under this Plan, and provided that the Grantee has not
surrendered such shares of Restricted Stock at least six (6) months before the date of the
lapse of restrictions in accordance with Section 14.2, the Company or the escrow agent (as
the case may be) shall sell the fewest number of Common Shares with respect
to which restrictions have lapsed necessary for the proceeds of such sale to equal (or
exceed by not more than the actual sale price of a single Common Share) the Grantee’s

2

 

minimum tax liability determined by multiplying (A) the aggregate minimum marginal federal
and applicable state and local income tax rates on the date of the lapse of restrictions; by
(B) the total number of Common Shares with respect to which restrictions have lapsed. The
Company or the escrow agent (as the case may be) shall withhold the proceeds of such sale
for purposes of satisfying the Grantee’s federal, state and local income taxes resulting
from the lapse of restrictions. Prior to any such sale, the Committee shall cause new
certificates for such shares to be issued, with any legend making reference to the
restrictions imposed hereunder removed. The Grantee shall provide the Committee, the
Company and/or the escrow agent with such Stock Powers and additional information or
documents as may be necessary for the Committee, the Company and/or the escrow agent to
discharge their obligations under this Section.”

     3. Section 9.5 of the Plan is hereby amended by the deletion of said section in its entirety
and the substitution in lieu thereof of a new Section 9.5 to read as follows:

     “9.5 Mandatory Sale of Shares of Restricted Stock to Satisfy Grantee’s Tax
Obligations. The Committee shall notify a Grantee of the lapse of restrictions on
shares of Restricted Stock awarded to him or her under this Article IX within an
administratively practicable time after the lapse of restrictions. Subject to the terms,
conditions and restrictions specified under this Plan, and provided that the Grantee has not
surrendered such shares of Restricted Stock at least six (6) months before the date of the
lapse of restrictions in accordance with Section 14.2, the Company or the escrow
agent (as the case may be) shall sell the fewest number of Common Shares with respect
to which restrictions have lapsed necessary for the proceeds of such sale to equal (or
exceed by not more than the actual sale price of a single Common Share) the Grantee’s

3

 

minimum tax liability determined by multiplying (A) the aggregate minimum marginal federal
and applicable state and local income tax rates on the date of the lapse of restrictions; by
(B) the total number of Common Shares with respect to which restrictions have lapsed. The
Company or the escrow agent (as the case may be) shall withhold the proceeds of such sale
for purposes of satisfying the Grantee’s federal, state and local income taxes resulting
from the lapse of restrictions. Prior to any such sale, the Committee shall cause new
certificates for such shares to be issued, with any legend making reference to the
restrictions imposed hereunder removed. The Grantee shall provide the Committee, the
Company and/or the escrow agent with such Stock Powers and additional information or
documents as may be necessary for the Committee, the Company and/or the escrow agent to
discharge their obligations under this Section.”

     IN WITNESS WHEREOF, RPM International Inc., by its duly authorized officer, has caused this
Amendment No. 3 to the RPM International Inc. 2002 Performance Accelerated Restricted Stock Plan to
be signed effective as of September 1, 2006.

	 	 	 	 	 	 	 
	 	 	RPM INTERNATIONAL INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Ronald A. Rice	 	 
	 

	 	 	 	 	 	 
	 

	 	 	 	Ronald A. Rice	 	 
	 
	 	 	 	 	 	 
	 

	 	Its:
	 	Senior Vice President — Administration	 	 
	 

	 	 	 	 	 	 

4

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