Document:

Base Salary Levels

 Exhibit 10.1 
 Owens & Minor, Inc. 
 Revised Base Salaries and Stock Option and 
 Restricted Stock Grants to Named Executive Officers 
 (Effective
4/27/06) 
  

										
	 Name (1)
	  	 Title
	  	 Revised
 Annual
 Base
 Salary
	  	 Stock
 Option
 Grants
 (shares) (2)
	  	 Restricted
 Stock
 Grants
 (shares)(3)

	Craig Smith	  	President and CEO	  	$	725,000	  	25,000	  	5,000
					
	Mark Van Sumeren	  	 Corporate SVP,
 OM Solutions
	  	$	419,220	  	7,900	  	1,580
					
	Jeff Kaczka	  	Corporate SVP and CFO	  	$	376,012	  	6,750	  	1,350
					
	Grace den Hartog	  	 Corporate SVP,
 General
 Counsel/Corp. Sec
	  	$	324,990	  	10,500	  	2,100

	(1)	G. Gilmer Minor, III, the Company’s other named executive officer, retired from the Company on November 1, 2005. 

	(2)	All stock options were granted at an exercise price of $32.00, the closing price of Owens & Minor, Inc. common stock on 4/27/06 (the date of issuance). Stock option grants
become exercisable as follows: 40%, 30% and 30% on the first, second and third anniversary from the date of grant. Stock options expire on the seventh anniversary from the date of grant. 

	(3)	One-third of the restricted stock grant vests on each of the first, second and third anniversary dates following grant; provided that the Company achieves its earnings per share
(“EPS”) performance goal for the immediately preceding calendar year (beginning with calendar year 2006). For any year in which the Company does not achieve the applicable EPS performance goal, the applicable shares will vest on the fifth
anniversary from the grant date.Form of Restricted Stock Grant Agreement

 Exhibit 10.2 
 OWENS & MINOR, INC. 
 Performance Accelerated Restricted Stock Agreement 
 THIS AGREEMENT, dated the      day of
                    , 20    , between OWENS & MINOR, INC., a Virginia corporation (the
“Company”), and                              (“Participant”), is made pursuant and
subject to the provisions of the Company’s 2005 Stock Incentive Plan (the “Plan”). All capitalized terms used herein that are not otherwise defined shall have the same meaning given to them in the Plan. 
 W I T N E S S E T H: 
 1.
Restricted Stock Grant. Pursuant to the provisions of the Plan, on                             
(the “Date of Grant”), the Company granted to Participant, subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, a Stock Award of
                             shares of Common Stock (the “Restricted Stock”). 
 2. Terms and conditions. The shares of Restricted Stock evidenced hereby are subject to the following terms and conditions: 
 (a) Restricted Period. Until the fifth anniversary of the Date of Grant (the “Restricted Period”) or the lapse of restrictions as
provided in subsection 2(d) hereof, the Restricted Stock shall be subject to the following restrictions: 
 (i) Participant shall not be
entitled to receive the certificate or certificates evidencing the Restricted Stock; 
 (ii) Shares of Restricted Stock may not be sold,
transferred, assigned, pledged, conveyed, hypothecated or otherwise disposed of; and 
 (iii) Shares of Restricted Stock may be forfeited
immediately as provided in subsection 2(d) hereof. 
 Notwithstanding the foregoing, Participant shall be entitled to vote the shares of Restricted Stock and
receive dividends thereon while the Restricted Stock is outstanding. Any stock dividends or other shares of Company stock or other property issued in respect of Restricted Stock, including without limitation, shares issued in connection with stock
splits and recapitalizations, will be subject to the same restrictions applicable to the Restricted Stock. 
 (b) Custody of Shares of
Restricted Stock. Certificates representing the shares of Restricted Stock shall be issued in Participant’s name but shall be held by the Company (or its transfer agent) during the Restricted Period. The Company’s Secretary and its
General Counsel shall serve as attorney-in-fact for Participant during the Restricted Period with full power and 

 
authority in Participant’s name to assign and convey to the Company any shares of Restricted Stock that Participant forfeits under subsection 2(d)
hereof. Each certificate representing shares of Restricted Stock may bear a legend referring to the risk of forfeiture of the shares and stating that such shares are nontransferable until all restrictions have been satisfied and the legend has been
removed. 
 (c) Distribution of Restricted Stock. If Participant remains in the continuous employment of the Company or an Affiliate
during the entire Restricted Period and otherwise does not forfeit such shares pursuant to subsection 2(d) hereof, all restrictions applicable to the shares of Restricted Stock shall lapse upon expiration of the Restricted Period and a certificate
or certificates representing the shares of Common Stock that were granted to Participant in the form of shares of Restricted Stock shall be delivered to Participant. 
 (d) Lapse of Restrictions or Forfeiture. 
  

	 	(i)	Achievement of Performance Goals. 

  

	 	(a)	In the event the Company achieves its earnings per share (“EPS”) performance goal for the year ending
December 31,              (as such EPS performance goal is established and set forth in the Company’s Annual Incentive Plan for such year), all restrictions applicable
to one-third of the shares of Restricted Stock (rounded up to the nearest whole share) shall immediately lapse on
                             and the certificate or certificates representing such shares of Common
Stock shall be delivered to Participant. In the event the Company does not achieve its EPS performace goal for the year ending December 31,              all restrictions applicable
to one-third of the shares of Restricted Stock (rounded up to the nearest whole share) shall continue through the Restricted Period subject to any lapse of restrictions or forfeiture pursuant to the other provisions of this Section 2(d).

  

	 	(b)	In the event the Company achieves its earnings per share (“EPS”) performance goal for the year ending
December 31,              (as such EPS performance goal is established and set forth in the Company’s Annual Incentive Plan for such year), all restrictions applicable
to one-third of the shares of Restricted Stock (rounded up to the nearest whole share) shall immediately lapse on
                             and the certificate or certificates representing such shares of Common
Stock shall be delivered to Participant. In the event the Company does not achieve its EPS performace goal for the year ending December 31,             , all restrictions
applicable to one-third of the shares of Restricted Stock (rounded up to the nearest whole share) shall continue through the Restricted Period subject to any lapse of restrictions or forfeiture pursuant to the other provisions of this
Section 2(d). 

  

	 	(c)	 In the event the Company achieves its earnings per share (“EPS”) performance goal for the year ending
December 31,              (as such EPS performance goal is established and set forth in the Company’s Annual Incentive Plan for such year), all restrictions applicable
to the remaining one-third of the shares of Restricted Stock shall immediately lapse on
                             

	 	 
and the certificate or certificates representing such shares of Common Stock shall be delivered to Participant. In the event the Company does not achieve its
EPS performace goal for the year ending December 31,             , all restrictions applicable to the remaining one-third of the shares of Restricted Stock shall continue
through the Restricted Period subject to any lapse of restrictions or forfeiture pursuant to the other provisions of this Section 2(d). 

  

	 	(ii)	Death. If Participant’s employment with the Company and its Affiliates is terminated before the expiration of the Restricted Period by reason of Participant’s
death, all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the date of Participant’s death and the certificate or certificates representing the shares of Common Stock shall be delivered to Participant’s
estate. 

  

	 	(iii)	Disability. If Participant’s employment with the Company and its Affiliates is terminated before the expiration of the Restricted Period by reason of “total and
permanent disability” (as such term is defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended (the “Code”)), all restrictions on a pro rata number of shares of Restricted Stock shall lapse. The “pro
rata number” shall be the number of shares of Restricted Stock multiplied by a fraction, the numerator of which is the number of months (including a fractional month) of Participant’s employment after the Date of Grant and the denominator
of which is 60. The certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant. 

  

	 	(iv)	Retirement. If Participant’s employment with the Company and its Affiliates is terminated before the expiration of the Restricted Period by reason of retirement (defined
below), all shares of Restricted Stock shall be forfeited immediately and all rights of Participant to such shares shall terminate immediately without further obligation on the part of the Company. Notwithstanding the foregoing, if
Participant’s service to the Company or an Affiliate continues from and after the date of retirement through membership on the Board, through a written consulting services arrangement with the Company or an Affiliate or otherwise through a
written confidentiality and non-solicitation agreement with the Company (“Post-Retirement Service”), shares of Restricted Stock shall not be forfeited but shall continue to be held by the Company until the earlier of (i) the end of
the Restricted Period at which time such shares shall be delivered to the Participant or (ii) the date Participant ceases to provide Post-Retirement Service at which time such shares shall be forfeited. For purposes of this
Section 2(d)(iii), retirement shall mean severance from the employment of the Company and its Affiliates (i) at or after the attainment of age 55 and after completing a number of years of service (the total years of service credited to
Participant for purposes of determining vested or nontransferable interest in a defined benefit pension plan maintained by the Company or an Affiliate which satisfies the requirements of Section 401(a) of the Code) that, when added to
Participant’s age at the time of severance from employment, equals at least 65 or (ii) at or after the attainment of age 65. 

	 	(v)	Termination of Employment by Company or Affiliate. 

  

	 	(a)	With Cause. If the Company or an Affiliate terminates Participant’s employment with the Company and its Affiliates with “cause,” all shares of Restricted Stock
shall be forfeited immediately and all rights of Participant to such shares shall terminate immediately without further obligation on the part of the Company. For purposes of this Agreement, “cause” means: (i) misappropriation, theft
or embezzlement of funds or property from the Company or an Affiliate or securing or attempting to secure personally any profit in connection with any transaction entered into on behalf of the Company or an Affiliate, (ii) conviction of, or
entry of a plea of “nolo contendere” with respect to, a felony which, in the reasonable opinion of the Company, is likely to cause material harm to the Company’s or an Affiliate’s business, customer or supplier relations,
financial condition or prospects, (iii) violation of the Company’s Code of Honor or any successor code of conduct; or (iv) failure to substantially perform (other than by reason of illness or temporary disability, regardless of
whether such temporary disability is or becomes a total and permanent disability (as defined in paragraph 2(d)(ii) above), or by reason of approved leave of absence) the duties of Participant’s job. 

  

	 	(b)	Without Cause. If Participant’s employment with the Company and its Affiliates is terminated by the Company or an Affiliate without “cause,” all restrictions
on a pro rata number of shares of Restricted Stock shall lapse. The “pro rata number” shall be the number of shares of Restricted Stock multiplied by a fraction, the numerator of which is the number of months (including a fractional month)
of Participant’s employment after the Date of Grant and denominator of which is 60. The certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed shall be delivered to Participant.

  

	 	(vi)	Termination of Employment by Participant. If Participant resigns from employment with the Company and its Affiliates before the expiration of the Restricted Period, without
regard to the reason for such resignation (other than death, disability or retirement as provided in subsections (i), (ii) and (iii) above), all of the shares of Restricted Stock shall be forfeited immediately and all rights of Participant
to such shares shall terminate immediately without further obligation on the part of the Company. 

	 	(vii)	Change in Control. 

  

	 	(a)	If, upon a Change in Control, (i) the Restricted Stock is assumed by, or a substitute award granted by, the surviving entity (together with its Related Entities, the
“Surviving Entity”) in the Change in Control (such assumed or substituted award to be of the same type of award as this Restricted Stock with a value as of the Control Change Date substantially equal to the value of this Restricted Stock)
and (ii) within 24 months of the Control Change Date, Participant’s employment with the Surviving Entity is terminated by the Surviving Entity without Cause (defined below) or by Participant for Good Reason (defined below), all
restrictions applicable to the shares of Restricted Stock shall immediately lapse on the date of employment termination and the certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed shall be
delivered to Participant. 

  

	 	(b)	For purposes of this subsection 2(d)(vi), “Cause” shall mean (i) the willful and continued failure by Participant to substantially perform his or her duties with the
Surviving Entity (other than any such failure resulting from Participant’s incapacity due to physical or mental illness) after a written demand for substantial performance is delivered to Participant by the Surviving Entity, which demand
specifically identifies the manner in which the Surviving Entity believes that Participant has not substantially performed his or her duties, or (ii) the willful engaging by Participant in conduct which is demonstrably and materially injurious
to the Surviving Entity, monetarily or otherwise. For purposes of this paragraph, no act, or failure to act, on Participant’s part shall be deemed “willful” unless done, or omitted to be done, not in good faith and without reasonable
belief that the action or omission was in the best interest of the Surviving Entity. 

  

	 	(c)	For purposes of this Section 2(d)(vi), “Good Reason” shall have the meaning given to such term in the Executive Severance Agreement between Participant and the
Company effective January 1, 200_, as such agreement from time to time may be amended, modified, extended or replaced by a successor agreement or plan. 

  

	 	(d)	If, upon a Change in Control, the Restricted Stock is not assumed by, or a substitute award granted by, the Surviving Entity in the Change in Control as provided in subsection
2(d)(vi)(a) above, all restrictions applicable to the shares of Restricted Stock shall immediately lapse on the Control Change Date and the certificate or certificates representing the shares of Common Stock upon which the restrictions have lapsed
shall be delivered to Participant. 

 3. Governing Law. This Agreement shall be governed by the laws of the Commonwealth
of Virginia. 
 4. No Right to Continued Employment. The grant of Restricted Stock hereunder does not confer upon Participant any
right with respect to continuance of employment by the Company or an Affiliate, nor shall it interfere in any way with the right of the Company or an Affiliate to terminate his employment at any time. 

 5. Change in Capital Structure. The terms of this award shall be adjusted as the Committee
determines is equitably required in the event the Company effects one or more stock dividends, stock split-ups, subdivisions or consolidations of shares or other similar changes in capitalization. 
 6. Conflicts. In the event of any conflict between the provisions of the Plan as in effect on the date hereof and the provisions of this
Agreement, the provisions of the Plan shall govern. All references herein to the Plan shall mean the Plan as in effect on the date hereof. 
 7. Participant Bound by Plan. Participant hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof. 
 8. Binding Effect. Subject to the limitations stated above and in the Plan, this Agreement shall be binding upon and inure to the benefit of the
legatees, distributees and personal representatives of Participant and the successors of the Company. 

 IN WITNESS WHEREOF, OWENS & MINOR, INC. has caused this Agreement to be signed by a duly
authorized officer and Participant has affixed his or her signature hereto. 
  

			
	OWENS & MINOR, INC.
		
	By:	 	  

		 	[Title]

			
	
	PARTICIPANT
	
	  

	Name:

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