Document:

Parker-Hannifin Corporation Volume Incentive Plan, as amended and restated

 Exhibit 10(a) 
 PARKER-HANNIFIN CORPORATION 
 VOLUME INCENTIVE PLAN, 
 Amended as of August 15, 2007 
  

			
	Participants:	  	Group Presidents (excluding any Senior Vice President and Operating Officer), Trading Subsidiary Presidents and Group Operating Vice Presidents

			
		
	Terms:	  	Participants will receive a bonus of 1 percent of base pay for each 1 percent increase in excess of a 10 percent increase, up to a 15 percent increase, in current fiscal year customer sales
over previous fiscal year customer sales for their respective operations. Participants will receive a bonus of 2 percent of base pay for each 1 percent increase in customer sales above 15 percent. Participants are limited to an overall maximum bonus
under the Plan of 15 percent of base pay.Summary of Compensation of the Non-Employee Members of the Board of Directors

 Exhibit 10(b) 
 PARKER-HANNIFIN CORPORATION 
 SUMMARY OF THE COMPENSATION OF THE NON-EMPLOYEE MEMBERS

 OF THE BOARD OF DIRECTORS 
 Adopted August 16, 2007, effective October 1, 2007 
  

				
	 Annual retainer for Audit Committee Chair:
	  	$	102,500
		
	 Annual retainer for Human Resources and Compensation Committee Chair:
	  	$	97,500
		
	 Annual retainer for each of the Chairs of the Corporate Governance and Nominating Committee and the Finance Committee:
	  	$	92,500
		
	 Annual retainer for Non-Chair Committee members:
	  	$	87,500

 Meeting fees of $1,500 for attending any Board or Committee meeting during any fiscal year in excess of the number
of regularly scheduled Board or Committee meetings by more than two. 
 Annual restricted stock grantForm of 2008 Grant Letter for Restricted Stock for Non-Employee Directors

 

 
 Exhibit 10(c) 
  

											
	 Name:
	  	  
	  		  		  		  	
	 PID:
	  	  
	  		  		  		  	

 October 1, 2007 
 NOTICE OF ISSUANCE OF RESTRICTED STOCK 
 On August 15, 2007, the Human Resources and Compensation Committee of
the Board of Directors (“Committee”) of Parker-Hannifin Corporation (“Company”) granted to you                  restricted shares of
Parker-Hannifin Corporation Common Stock (“Shares”) pursuant to the 2004 Non-Employee Directors’ Stock Incentive Plan (“Plan”) and subject to the following terms and conditions: 
  

	1.	Shares will be issued as of October 1, 2007. 

  

	2.	Ownership of the Shares vest (i.e., become unrestricted) on September 30, 2010. 

  

	3.	The Shares cannot be sold or otherwise transferred or assigned until they vest. 

  

	4.	Except as otherwise provided in this Notice, in the event you cease to be Director of the Company for any reason prior to September 30, 2010, including, without limitation,
your retirement, death, disability, voluntary or involuntary removal from the Board of Directors or a “change in control” of the Company, a pro rata portion of your unvested Shares will vest immediately, based upon the ratio of the number
of months you actually served as a Director to the total number of months in the vesting period, and all remaining unvested Shares will be forfeited. 

  

	5.	Certificates representing the Shares will not be issued during the vesting period. Rather, the Shares will be issued in an uncertificated book entry format at the transfer agent.

  

	6.	Shares will earn non-refundable dividends during the vesting period, payable directly to you. 

  

	7.	Upon vesting, the value of the Shares will become taxable income to you. In the event the Company is liable to remit withholding taxes on your behalf, you will be obligated to
immediately reimburse the Company for all withholding taxes payable by the Company at such time. At your election, you may surrender a portion of the Shares to satisfy such withholding taxes. 

	8.	If you engage in any Detrimental Activity (as defined in the Plan), the Committee may at any time revoke this award by either cancelling the Shares (whether unvested or vested) or,
if vested Shares have been disposed of, by requiring repayment to the Company in cash of the fair market value (as defined in the Plan) of the liquidated shares as of the date the Committee revokes the award. The Company may set off any repayment in
cancelled Shares or in cash against any amounts that may be owed by the Company to you, whether as director fees, deferred compensation, or in the form of any other benefit for any other reason. Detrimental Activity, as defined in the Plan, means
activity that is determined in individual cases, by the Committee or its express delegate, to be detrimental to the interests of the Company or a subsidiary, including, without limitation, (i) rendering services to an organization, or engaging
in a business, that is, in the judgment of the Committee or its express delegate, in competition with the Company; (ii) disclosing to anyone outside of the Company, or using for any purpose other than the Company’s business, confidential
information or material related to the Company, whether acquired by you during or after your service as a Director of the Company; (iii) fraud, embezzlement, theft-in-office or other illegal activity; or (iv) violation of the
Company’s Code of Ethics. 

  

	9.	By acknowledging of the terms and conditions of this award, you hereby consent to the cross-border collection, use and disclosure by the Company of certain personal data required
solely for the purpose of the administration and exercise of this grant. Disclosure of personal data shall be limited to your name, gender, address, telephone number, date of birth, position, and country of residence. All personal data shall be
treated as highly confidential and shall not be used for any purpose other than Plan administration. 

  

	10.	To the extent not otherwise specified above, the issuance of the Shares is subject to the terms and conditions of the Plan. 

 Please confirm your receipt of this Notice and indicate your acknowledgment and agreement to the terms specified herein by signing and returning a copy of this Notice to
Tom Piraino. 
  

			
	Sincerely yours,	 	
		
	 /s/ Donald E. Washkewicz
	 	
	Donald E. Washkewicz	 	
	Chairman and Chief Executive Officer	 	

 ACKNOWLEDGED AND AGREED: 
  

											
	  
	 		  	Date:	  	  
	  	
	 [Name]Fourth Supplemental Indenture to the 2007 Indenture

 EXHIBIT 4.1 
 FOURTH SUPPLEMENTAL INDENTURE 
 FOURTH SUPPLEMENTAL INDENTURE (this “Supplemental
Indenture”), dated as of July 6, 2007, among Outdoor Technologies Corporation, an Iowa corporation, Pure Fishing, Inc., an Iowa corporation, and Fishing Spirit, Inc., a Wisconsin corporation (collectively, the “Guaranteeing
Subsidiaries”), which are direct or indirect subsidiaries of Jarden Corporation, a Delaware corporation (the “Company”), the Company, the other Guarantors (as defined in the Indenture referred to below) party hereto and The
Bank of New York, as trustee under the Indenture referred to below (the “Trustee”). 
 WITNESSETH 
 WHEREAS, the Company has heretofore executed and delivered to the Trustee the Base Indenture,
dated as of February 13, 2007, by and between the Company and the Trustee, as supplemented by the First Supplemental Indenture, dated as of February 13, 2007, among the Company, the Guarantors named therein and the Trustee, as further
supplemented by the Second Supplemental Indenture, dated as of February 14, 2007, among the Company, the Guarantors named therein and the Trustee, and as further supplemented by the Third Supplemental Indenture, dated as of May 11, 2007,
among the Company, the Guarantors named therein and the Trustee, (collectively, as further amended, supplemented or otherwise modified from time to time, the “Indenture”), providing for the issuance of the Company’s 7 1/2% Senior Subordinated Notes due 2017 (the “Notes”); 
 WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiaries shall execute and deliver to the Trustee a supplemental
indenture pursuant to which the Guaranteeing Subsidiaries shall agree to unconditionally guarantee all of the Company’s Obligations under the Notes and the Indenture on the terms and conditions set forth in a subsidiary guarantee to be executed
by the Guaranteeing Subsidiaries on the date hereof (the “Subsidiary Guarantee”); and 
 WHEREAS, pursuant to
Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture. 
 NOW THEREFORE, in
consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company, the Guarantors, the Guaranteeing Subsidiaries 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 Subsidiaries hereby agree to provide an unconditional guarantee on the terms and subject to the conditions set forth in the Subsidiary Guarantee and in the Indenture (including without limitation Article 11
thereof). 

 3. EXECUTION AND DELIVERY. The Guaranteeing Subsidiaries
agree that the Subsidiary Guarantee shall remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Subsidiary Guarantee. 
 4. NO RECOURSE AGAINST OTHERS. No past, present or future director, officer, employee, incorporator, member, stockholder or agent of the Guaranteeing
Subsidiaries, as such, shall have any liability for any obligations of the Company, the Guarantors or any Guaranteeing Subsidiaries under the Notes, any Subsidiary Guarantee, the Indenture or this 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 or a Subsidiary Guarantee, waives and releases all such liability. The foregoing waiver and release are part of the consideration for
issuance of the Notes. Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the SEC that such a waiver is against public policy. 
 5. NEW YORK LAW TO GOVERN. THE INTERNAL LAWS OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE BUT 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 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 Supplemental Indenture or for or in respect of the recitals and statements contained herein, all of which recitals and statements are made solely by the Guaranteeing Subsidiaries and the Company.

  

 2 

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

			
	THE COMPANY:
	
	JARDEN CORPORATION
		
	 By:
	 	 /s/ John E. Capps

	 Name:
	 	John E. Capps
	 Title:
	 	Senior Vice President, General Counsel and Secretary
	
	THE TRUSTEE:
	
	THE BANK OF NEW YORK, as Trustee
		
	 By:
	 	 /s/ Remo J. Reale

	 Name:
	 	Remo J. Reale
	 Title:
	 	Vice President
	
	THE GUARANTEEING SUBSIDIARIES:
	
	 OUTDOOR TECHNOLOGIES CORPORATION

	PURE FISHING, INC.
	FISHING SPIRIT, INC.
		
	 By:
	 	 /s/ John E. Capps

	 Name:
	 	John E. Capps
	 Title:
	 	Vice President

			
	THE GUARANTORS :
	
	ALLTRISTA PLASTICS CORPORATION
	AMERICAN HOUSEHOLD, INC.
	AUSTRALIAN COLEMAN, INC.
	BICYCLE HOLDING, INC.
	BRK BRANDS, INC.
	CC OUTLET, INC.
	COLEMAN INTERNATIONAL HOLDINGS, LLC
	COLEMAN WORLDWIDE CORPORATION
	FIRST ALERT, INC
	HEARTHMARK, LLC
	HOLMES MOTOR CORPORATION
	JARDEN ACQUISITION I, INC.
	 JARDEN ZINC PRODUCTS, INC.

	KANSAS ACQUISITION CORP.
	L.A. SERVICES, INC.
	LASER ACQUISITION CORP.
	 LEHIGH CONSUMER PRODUCTS CORPORATION

	LOEW-CORNELL, INC.
	NIPPON COLEMAN, INC.
	PINE MOUNTAIN CORPORATION
	QUOIN, LLC
	SI II, INC.
	SUNBEAM AMERICAS HOLDINGS, LLC
	SUNBEAM PRODUCTS, INC.
	THE COLEMAN COMPANY, INC.
	 THE UNITED STATES PLAYING CARD COMPANY

	USPC HOLDING, INC

  

			
	 By:
	 	 /s/ John E. Capps

	 Name:
	 	John E. Capps
	 Title:
	 	Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00131-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00131-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00131-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00131-of-00352.parquet"}]]