Document:

Form of Restricted Stock Unit Agreement

 Exhibit 10.1 
 Kronos Incorporated 
 Restricted Stock Unit Agreement  
 Granted Under 2002 Stock Incentive Plan 
  

	 	1.	Grant of Award. 

 This Agreement evidences the grant
by Kronos Incorporated, a Massachusetts corporation (the “Company”) on <Grant Date> (the “Grant Date”) to <Participant Name> (the “Participant”) of <Number of Shares> restricted
stock units of the Company (individually, an “RSU” and collectively, the “RSUs”). Each RSU represents the right to purchase one share of the common stock, $0.01 par value per share, of the Company (“Common Stock”) for
$0.01 per share (the “Purchase Price”) as provided in this Agreement. The shares of Common Stock that are issuable upon vesting of the RSUs are referred to in this Agreement as “Shares.” Unless earlier terminated pursuant to the
terms hereof or to the Company’s 2002 Stock Incentive Plan (the “Plan”), this award shall expire on <Expiration Date> (the “Original Expiration Date”). 
  

	 	2.	Vesting. 

 (a) In order for this
award to begin vesting, the Company is required to meet the performance goal approved by the Compensation Committee and ratified by the Board of Directors on <Grant Date>. If the performance, referenced above, is met this award shall
vest as to 25% of the original number of RSUs on the first anniversary of the Grant Date and as to an additional 25% of the original number of RSUs on each succeeding anniversary of the Grant Date until the fourth anniversary of the Grant Date, at
which time this award shall be fully vested. If the performance goal is not met, vesting will not occur and the award will be cancelled. 
 (b) In the event that the Participant’s employment with the Company is terminated by reason of retirement, and the Participant is at least sixty (60) years of age and has been in continuous employment with
the Company for at least ten (10) years, the Participant will be entitled to additional acceleration of vesting as provided in Section 10(c) of the 2002 Stock Incentive Plan (the “Plan”). 
 (c) In the event that the Participant ceases to be employed by the Company for any reason other than retirement as described in
Section 2 (b) above, the award shall cease to vest effective as of the date of the participant’s termination of employment with Company and any unvested RSUs will be cancelled. 
 (d) If the Participant’s employment with the Company is interrupted by reason of a leave of absence, whether paid or unpaid, the RSUs
shall cease to vest during such leave or absence and will resume vesting upon the Participant’s return from such leave. The Original Expiration Date shall in no way be affected. 
 (e) For purposes of this Agreement, employment with the Company shall include employment with a parent or subsidiary of the Company.

  

	 	3.	Forfeiture 

 In the event that the Participant
terminates his or her employment with the Company or any of its subsidiaries for any reason whatsoever, within twenty four (24) months if the Participant is employed in 

 
the fields of research and development, engineering, testing, strategic planning or any phase of management or within twelve (12) months if the
Participant is employed in any other fields and the Participant (i) accepts employment with any competitor of, or otherwise engages in competition with, the Company or (ii) attempts directly or indirectly to induce any employee of the
Company to accept employment elsewhere, the Board of Directors, in its sole discretion, may require the Participant to return, or (if not received) to forfeit, to the Company the economic value of the RSUs which is realized or obtained (measured at
the date of vesting) by the Participant during the twelve (12) months prior to the date of the Participant’s termination of employment with the Company. Nothing herein shall limit any other remedies that may be available to the Company
under any other agreement(s). 
  

	 	4.	Payment 

 By signing this Agreement below under
“Participant’s Acceptance”, the Participant agrees that the Purchase Price for each vested RSU will be withheld from the Participant’s pay check immediately following the date of vesting for each such RSU. 
  

	 	5.	Distribution of Shares. 

 (a) The
Company will distribute to the Participant (or to the Participant’s estate in the event that his or her death occurs after a vesting date but before distribution of the corresponding Shares), as soon as administratively practicable after each
vesting date (each such date of distribution is hereinafter referred to as a “Settlement Date”), the Shares of Common Stock represented by RSUs that vested on such vesting date. 
 (b) The Company shall not be obligated to issue to the Participant the Shares upon the vesting of any RSU (or otherwise) unless the
issuance and delivery of such Shares shall comply with all relevant provisions of law and other legal requirements including, without limitation, any applicable federal or state securities laws and the requirements of any stock exchange upon which
shares of Common Stock may then be listed. 
  

	 	6.	Restrictions on Transfer. 

 The Participant shall
not sell, assign, transfer, pledge, hypothecate or otherwise encumber by operation of law or otherwise (collectively “transfer”) any RSUs, or any interest therein, except by will or the laws of descent and distribution. 
  

	 	7.	Dividend and Other Shareholder Rights. 

 Except as
set forth in the Plan, neither the Participant nor any person claiming under or through the Participant shall be, or have any rights or privileges of, a stockholder of the Company in respect of the Shares issuable pursuant to the RSUs granted
hereunder until the Shares have been delivered to the Participant. 
  

	 	8.	Provisions of the Plan; Reorganization Event. 

 This
Agreement is subject to the provisions of the Plan, a copy of which is furnished to the Participant with this Agreement. 
  

	 	9.	Withholding Taxes; Section 83(b) Election. 

  

 - 2 - 

 (a) No Shares will be delivered pursuant to the vesting of an RSU unless and until the
Participant pays to the Company, or makes provision satisfactory to the Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of this option. In the event that no alternative arrangement is
made prior to each vesting date, by signing this Agreement below under “Participant’s Acceptance”, the Participant agrees that shares will be withheld from shares of Common Stock that are issuable to the Participant at the time of
vesting to cover any tax liability incurred. 
 (b) The Participant acknowledges that no election under Section 83(b) of
the Internal Revenue Code of 1986 may be filed with respect to this award. 
  

	 	10.	Miscellaneous. 

 (a) No Rights to
Employment. The Participant acknowledges and agrees that participation in this plan is discretionary and that the vesting of the RSUs pursuant to Section 2 hereof is earned only by continuing service as an employee at the will of the
Company (not through the act of being hired or purchasing shares hereunder). The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or
implied promise of continued engagement as an employee or consultant for the vesting period, for any period, or at all. 
 (b)
Severability. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement and each other provision of this Agreement shall be severable and
enforceable to the extent permitted by law. 
 (c) Waiver. Any provision for the benefit of the Company contained in
this Agreement may be waived, either generally or in any particular instance, by the Board of Directors of the Company. 
 (d)
Binding Effect. This Agreement shall be binding upon and inure to the benefit of the Company and the Participant and their respective heirs, executors, administrators, legal representatives, successors and assigns, subject to the restrictions
on transfer set forth in Section 7 of this Agreement. 
 (e) Notice. All notices required or permitted hereunder
shall be in writing and deemed effectively given upon personal delivery or five days after deposit in the United States Post Office, by registered or certified mail, postage prepaid, addressed to the other party hereto at the address shown beneath
his or its respective signature to this Agreement, or at such other address or addresses as either party shall designate to the other in accordance with this Section 10(e). 
 (f) Pronouns. Whenever the context may require, any pronouns used in this Agreement shall include the corresponding masculine,
feminine or neuter forms, and the singular form of nouns and pronouns shall include the plural, and vice versa. 
 (g)
Entire Agreement. This Agreement and the Plan constitute the entire agreement between the parties, and supersedes all prior agreements and understandings, relating to the subject matter of this Agreement. 
 (h) Amendment. This Agreement may be amended or modified only by a written instrument executed by both the Company and the
Participant. 
  

 - 3 - 

 (i) Governing Law. This Agreement shall be construed, interpreted and enforced in
accordance with the internal laws of the State of Massachusetts without regard to any applicable conflicts of laws. 
 (j)
Unfunded Rights. The right of the Participant to receive Common Stock pursuant to this Agreement is an unfunded and unsecured obligation of the Company. The Participant shall have no rights under this Agreement other than those of an
unsecured general creditor of the Company. 
 IN WITNESS WHEREOF, the Company has caused this Award to be executed as of the day and year
first above written. 
  

			
	Kronos Incorporated
		
	By:	 	 /s/ Mark. S. Ain

	Mark. S. Ain
	Executive Chairman of the Board

 PARTICIPANT’S ACCEPTANCE 
 The undersigned Participant acknowledges that he or she: (i) has read this Agreement; (ii) has been advised by legal counsel of the
Participant’s own choice or has voluntarily declined to seek such counsel; (iii) understands and agrees to the terms and conditions of this Agreement; and (iv) is fully aware of the legal and binding effect of this Agreement. The
undersigned Participant acknowledges receipt of a copy of the Company’s 202 Stock Incentive Plan and hereby accepts this Award. 
  

	
	PARTICIPANT:
	
	<Participant Name>
	Electronic Signature

  

 - 4 - 

 Schedule to Exhibit 10.1 
  

			
	 Name
	  	Date of Agreement
	 Mark S. Ain
	  	November 16, 2006
	 Aron Ain
	  	November 16, 2006
	 Paul Lacy
	  	November 16, 2006
	 James Kizielewicz
	  	November 16, 2006
	 Peter George
	  	November 16, 2006
	 Stuart Itkin
	  	November 16, 2006
	 Mark Julien
	  	November 16, 2006
	 Joseph DeMartino
	  	November 16, 2006
	 Lloyd Bussell
	  	November 16, 2006

  

 - 5 -Kronos Inc. Management Incentive Compensation Plan for F.Y. 2007

 Exhibit 10.2 
 Confidential Materials omitted and filed separately with the 
 Securities and Exchange Commission. Asterisks
denote omissions. 
 Kronos Inc. 
 Management Incentive
Compensation Plan 
 Fiscal Year 2007 – 40% Plan 
 The purpose of the Kronos Inc. Management Incentive Compensation Plan is to recognize and reward key employees of the company for significant contribution to the growth and profitability of the company. Incentive awards are based upon a
combination of both corporate profitability and individual performance against pre-established individual goals for the fiscal year. 
 Corporate
Profitability Goals 
 The Corporate Profitability Goals for this plan are established during the budget process and approved by the
Management Committee subsequent to the Board of Directors approval of the company’s operating budget. The profitability goal established for measurement for this plan is profit before tax (PBT), excluding FAS123R Stock Based Compensation and
amortization of acquired intangibles. Performance against this goal will be based upon Kronos company wide operations for fiscal year 2007. 
 Individual
Performance Goals 
 At the beginning of the fiscal year individual objectives will be established and documented by you and your manager
for you to achieve during the fiscal year. These goals, once developed, will be reviewed and approved by management. At the end of the fiscal year, performance against these goals will be assessed by your management and the Executive Compensation
Committee. 
 Plan Participation 
 To be eligible to participate in the Fiscal Year 2007 Management Incentive Compensation Plan, the participant must be employed before July 1st of the plan year. The plan year is defined as October 1, 2006 to September 30, 2007. Incentive payments will be prorated for those participants who
are hired or become eligible after the commencement of the plan year. 
 40% Plan 
 FISCAL YEAR 2007 

			
	Kronos Inc., 2007 Management Incentive Compensation Plan	  	Page 1.2

 Incentive Payment Calculation 
 Management Incentive Plan payments will be calculated based upon both the achievement of the company profitability target and individual performance against objectives. The amount that an individual is eligible to
receive is determined by first establishing the company profitability. The total amount that an employee is eligible to receive is then based upon the following payment schedule: 
  

						
	 	  	 Target
 (in thousands)
	 	 Payout %
 40% Plan
	 
		  	[**]	 	4.00	%
		  	[**]	 	8.00	%
		  	[**]	 	12.00	%
		  	[**]	 	16.00	%
		  	[**]	 	20.00	%
		  	[**]	 	24.00	%
		  	[**]	 	28.00	%
		  	[**]	 	32.00	%
		  	[**]	 	36.00	%
	 Target
	  	[**]	 	40.00	%
		  	[**]	 	44.00	%
		  	[**]	 	48.00	%
		  	[**]	 	52.00	%
		  	[**]	 	56.00	%
		  	[**]	 	60.00	%
		  	[**]	 	64.00	%
		  	[**]	 	68.00	%
		  	[**]	 	72.00	%
		  	[**]	 	76.00	%
		  	[**]	 	80.00	%

 The appropriate payout percent is then multiplied by your base salary to determine the maximum
dollars allowed by the plan. You then divide the maximum dollars allowed by the number of objectives approved for your individual plan. The result of this calculation is the dollar value of each successfully completed goal. Performance against
approved goals will 
 CONFIDENTIAL 

			
	Kronos Inc., 2007 Management Incentive Compensation Plan	  	Page 1.3

 be determined, either the goal was achieved or not. The incentive payout is then determined by multiplying the
number of goals achieved by the dollar value of each goal. 
 Incentive Payment Calculation — EXAMPLE 
 The following example is designed to illustrate the manner in which an incentive payment is calculated. 
  

			
	 Individual base salary
	  	[**]
	 PBT achievement
	  	[**]
	 Number of Individual Performance Goals
	  	[**]
	 Number of Goals achieved
	  	[**]

 From the schedule on the previous page, you would locate the target achievement level of [**] to
determine the payout percent; in this case the payout percent would be 40.0%. 
 To determine the maximum dollars allowed by the plan, simply
multiply the payout percent by your individual base salary: 
 40.0% X $ [**] = $ [**] 
 To determine the value of each Individual Performance Goal, simply divide the maximum dollars allowed by the number of Individual Performance Goals.

 $ [**] / [**] = $ [**] 
 To determine an individual payout just multiply the Individual Performance Goal value times the number of goals achieved. 
 $
[**] X [**] = $ [**] 
 The total payout to the plan participant based upon the above example is $ [**] 
 CONFIDENTIAL 

			
	Kronos Inc., 2007 Management Incentive Compensation Plan	  	Page 1.4

 Payment Schedule 
 Payment will be made on a one time lump-sum basis no later than the month of January following the end of the fiscal year. Any incentive payment amounts will be calculated using your base salary at the end of the
fiscal year, and the payment will be prorated based upon scheduled hours as of the end of the fiscal year. 
 Plan Administration 
 This plan may be amended, suspended or terminated at the discretion of the Company at any time provided that no such action shall reduce the amount of
awards earned for quarters completed prior to the date of such action. 
 A participant whose employment terminates for reasons of death or
disability, or who is granted an approved leave of absence of greater than thirty days in a plan year, will be eligible for a prorated award based upon the number of months of service completed during the plan year. A participant who is terminated
for cause or a participant, who voluntarily resigns, will not be eligible for a bonus if they are not employed on the date of payment. An individual participant who during the year becomes ineligible will be eligible for a prorated payment based
upon the number of months of service completed during the plan year in an eligible position. Participants will be eligible for incentive plan payments in a given month if they are in a qualified position between the first and fifteenth of that
month. If a participant becomes eligible for a concurrent incentive plan in a given plan year, proration will occur and payment eligibility will be based on the time spent in each qualified position. 
 Disputes arising out of the administration and/or interpretation of this plan shall be addressed and resolved by the Executive Compensation Committee,
whose decision in such matters is final. 
 Nothing herein shall affect the employment at will relationship between the Company and the plan
participants, or any other provision of the Proprietary Rights and Confidentiality Agreement. Nothing herein shall grant any participant the right to continue as an employee of the company, grant any contractual right or limit the right of the
Company to dismiss a participant as an employee. 
 CONFIDENTIAL 

			
	Kronos Inc., 2007 Management Incentive Compensation Plan	  	Page 1.5

 Confidentiality 
 It should be understood that participation in this plan is strictly confidential, and divulging participation to others could result in the termination of your participation in the plan. 
 CONFIDENTIAL

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