Document:

EXHIBIT
		10(xi)(d)

	  

	 Terms
		and Conditions Applicable to

	 Long
		Term Performance Awards

	 issued
		pursuant to The Stanley Works 1997 and 2001 Long Term Incentive
		Plans

	  

	 This
		document sets forth the Terms and Conditions applicable to long term
		performance awards (“Performance
		Awards”) issued
		to eligible Employees pursuant to either The Stanley Works 1997 Long-Term
		Incentive Plan or The Stanley Works 2001 Long-Term Incentive Plan (the
		“Plan”)
		as
		described in the Award Document.

	  

	 Each
		Performance Award represents the right of the Participant to receive a number
		of Shares to be issued if the Company achieves Performance Goals for the
		Measurement Period as set forth in the Award Document.

	  

	 
			 	1.	
				Time
				  and Manner of Settlement. As soon
				  as practicable following completion of the applicable Measurement Period and
				  assuming that the Threshold Performance Goals are achieved and employment
				  requirements are satisfied, the Company shall issue a number of Shares to the
				  Participant, in settlement of the Participant’s Performance Award, equal
				  to (i) the number of Shares specified in the Award Document to be issued based
				  upon the Performance Goals achieved plus (ii) in the event performance falls
				  between the Threshold and Target or Target and Maximum Goals as specified in
				  the Award Document, a pro rata number of Shares calculated as follows (rounded
				  to the closest whole number):
 

 

	  

	 S =
		(A-L/N-L)x(SN-SL)

	  

	 where:

	 S =the
		additional number of Shares to be issued

	 A =the
		actual EPS or ROCE achieved

	 L =the
		EPS or ROCE Goal reached

	 N =the
		next highest EPS or ROCE Goal

	 SN =the
		number of Shares designated for issuance at the next highest EPS or ROCE Goal;
		and

	 SL = the
		number of Shares designated for issuance at the EPS or ROCE Goal
		reached.

	  

	 If, at
		the time of settlement, the Participant meets or exceeds the Minimum Ownership
		Guidelines, Shares shall be issued in the form of Unrestricted Stock. If the
		Participant does not meet the applicable Minimum Ownership Guidelines at the
		time of settlement, the Shares shall be issued in the form of Restricted Stock
		to the extent necessary for such Participant to meet such Minimum Ownership
		Guidelines at the time of settlement. Any additional Shares shall be issued in
		the form of Unrestricted Stock.

	 
 

		
		

		 

	  

	 
			 	
				2.

					
				Rights
				  of a Shareholder. The
				  Participant shall not have any rights of a shareholder with respect to the
				  Performance Awards or any Shares issued in settlement thereof prior to the date
				  of settlement.
 

 

	  

	 
			 	
				3.

					
				Transferability.
				  Transferability
				  shall be as set forth in the Plan.
 

 

	  

	 
			 	
				4.

					
				Adjustments.
				  Notwithstanding
				  any other provision hereof, the Committee shall have authority to make
				  adjustments in the terms and conditions of, and the criteria included in,
				  Performance Awards granted hereunder, as set forth in the Plan.

				

 

	  

	 
			 	
				5. 

					
				Miscellaneous.
				  The
				  Committee shall have full discretionary authority to administer the Performance
				  Awards and to interpret the terms of the Award Document and this document,
				  which authority includes the authority to waive certain conditions in
				  appropriate circumstances. All decisions or interpretations of the Committee
				  with respect to any question arising in respect of the Performance Awards shall
				  be binding, conclusive and final. The waiver by Stanley of any provision of
				  this document or an Award Document shall not operate as or be construed to be a
				  subsequent waiver of the same provision or a waiver of any other provision of
				  this document or any Award Document. The validity and construction of the terms
				  of this document and any Award Document shall be governed by the laws of the
				  State of Connecticut. The terms and conditions set forth in this document and
				  any Award Document are subject in all respects to the terms and conditions of
				  the Plan, which shall be controlling. The Participant agrees to execute such
				  other agreements, documents or assignments as may be necessary or desirable to
				  effect the purposes hereof.
 

 

	  

	 
			 	
				6.

					
				Unfunded
				  Arrangement. The
				  Performance Awards represented in any Award Document constitute an unfunded
				  unsecured promise of Stanley and the rights of the Participant in respect of
				  the Performance Awards are no greater than the rights of an unsecured creditor
				  of Stanley.
 

 

	  

	 
			 	
				7.

					
				Change
				  in Control. Notwithstanding
				  any provision in the Award documents to the contrary, upon a Change in Control,
				  unless otherwise determined by the Committee with respect to a Performance
				  Award at the time of its grant, each outstanding Performance Award shall be
				  cancelled and in respect of his or her cancelled Performance Award a
				  Participant shall receive a pro rata portion of the Performance Award,
				  calculated by assuming the achievement of the applicable Performance Goal or
				  Performance Goals at target levels and then multiplying this amount by a
				  fraction, the numerator of which is the number of days completed in the
				  Performance Period prior to the Change in Control and the denominator of which
				  is the total number of days in the Performance Period. The pro rata portion of
				  the Performance Award shall be issued in the form of Unrestricted Stock as soon
				  as practicable following the Change in Control. In addition, if any Performance
				  Award which a Participant earned under 
 

 

	  

	  

		
		

		
		 

		the Plan during any Performance Period which ended
		  prior to the Change in Control has neither been issued to the Participant nor
		  credited to such Participant under a deferred compensation plan maintained or
		  sponsored by the Company or an Affiliate prior to the Change in Control, such
		  Performance Award shall be issued to the Participant in the form of
		  Unrestricted Stock as soon as practicable and in no event later than the later
		  of (i) March 1st 
		  following the year in respect of which the Performance Award was earned or (ii)
		  the fifteenth day following the Change in Control. Pursuant to Section 9(a)(ii)
		  of the Plan, each Participant shall have the right, within thirty days
		  following a Change in Control, to have the Company purchase all or any number
		  of any Unrestricted Stock issued hereunder at the Restricted Stock Acceleration
		  Price. After a Change in Control, the Committee may not exercise its discretion
		  pursuant to Section 5 hereof to decrease the amount of stock issuable in
		  respect of any Performance Award which is outstanding immediately prior to the
		  occurrence of the Change in Control.

		 
 

	 
			 	
				8.

					
				Capitalized
				  Terms. The
				  following capitalized terms shall have the meaning set forth below for purposes
				  of any Award Document. All other capitalized terms used in this document shall
				  have the meanings set forth in the Plan.
 

 

	  

	 Award
		Document. A letter
		or combination of letters to a Participant that advises the Participant that he
		or she has been selected to Participate in the program and sets forth the EPS
		Performance Goals, ROCE Performance Goals and Shares at the Threshold, Target
		and Maximum Levels, signed by the Chairman of the Committee, in the case of an
		Award Document to the Chief Executive Officer, and by the Chief Executive
		Officer, in the case of an Award Document to any other
		Participant.

	  

	 EPS
		Performance Goals. Threshold,
		Target and Maximum earnings per share (“EPS”)
		performance to be achieved over the Measurement Period as set forth in the
		Award Document.

	  

	 Measurement
		Period. The
		period during which financial performance is measured against the applicable
		Performance Goals as set forth in the Award Document.

	  

	 Minimum
		Ownership Guidelines. Minimum
		levels of stock ownership Participants are expected to reach over time, as set
		forth in the Award Document.

	  

	 Performance
		Goals. EPS
		Performance Goals and ROCE Performance Goals as defined herein.

	  

	 Restricted
		Stock. Common
		Stock of the Company that confers on holders the right to vote and receive
		dividends, but that is subject to 

	 

		

		
		

		
		 
 

	 certain
		restrictions on sale and transfer. All restrictions on sale and transfer of
		such stock shall lapse on the date the Participant’s employment with the
		Company or any Affiliate terminates, regardless of the reason for termination,
		provided, however, that a transfer of employment from the Company to any
		Affiliate or from any Affiliate to another Affiliate or to the Company shall
		not be deemed a termination of employment hereunder. In addition, if through
		the acquisition of additional Shares or otherwise, the total market value of
		shares owned by a Participant (restricted and unrestricted) exceeds the
		applicable Minimum Ownership Guidelines, the restrictions on the sale and
		transfer of that number of Shares of Restricted Stock in excess of the number
		required to meet the applicable Minimum Ownership Guidelines shall
		lapse.

	  

	 ROCE
		Performance Goals. Threshold,
		Target and Maximum return on capital employed (“ROCE”)
		performance to be achieved over the Measurement Period as set forth in the
		Award Document.

	  

	 Shares.
		Shares
		of Restricted Stock or Unrestricted Stock to be issued if Performance Goals are
		achieved, as specified in an Award Document, with 50% of
		Shares allocated to EPS Performance Goals and 50% of
		Shares allocated to ROCE Performance Goals.

	  

	 Unrestricted
		Stock. Common
		Stock of the
		Company that may be sold at any time.EXHIBIT
		10(xi)(g)

	  

	 
		
		  	 	
				  The
					 Stanley Works 1997 Long-Term Incentive Plan
 
	 	 

 

		 
 

	 Restricted
		Stock Award Certificate

	  

	 Subject
		to the terms and conditions on the reverse of this Certificate,
		

	  

	 Thierry
		Paternot has been awarded a maximum of 37,050 shares of Restricted
		Stock.

	  

	   Award
		Date: February 8, 2006 

	  

	 The Stanley Works

	  

	 As a
		member of Stanley’s team, your skills and contributions are vital to our
		Company's and its Shareholders continued success.

	 This
		award of restricted stock units provides you with the opportunity to earn
		significant financial rewards for 

	 your
		efforts and contributions to making Stanley the most successful company it can
		be.

	 On
		behalf of the Board of Directors, Congratulations.      

	  

	 
			 	 	 
	 	
				  
				  John F. Lundgren  

				
				    
					 Chairman and CEO

				  
					   
						The Stanley Works
 
 
 
	 	 

 

	 

	 
	 

	 
	 This
		certifies that The Stanley Works (the “Company”) has on the award
		date set forth on the front of this certificate (the "Award Date") granted to
		the Participant named on the front of this Certificate an award (the
		“Award”) of the maximum number of shares set forth on the front of
		this certificate (the “Shares”) of Company Common Stock, $2.50 par
		value per share (the “Common Stock”) as indicated on the front of
		this Certificate, subject to certain restrictions and on the terms and
		conditions contained in this Award and the 1997 Long Term Incentive Plan, as
		amended from time to time (the “Plan”). A copy of the Plan is
		available upon request. In the event of any conflict between the terms of the
		Plan and this Award, the terms of the Plan shall govern. Any capitalized term
		not defined herein shall have the meaning ascribed to it in the
		Plan.

	 

	 1. Rights
		of the Participant with Respect to the Shares.
		With
		respect to the Shares, on and after the Award Date and until the date or dates
		on which the Shares (or a portion thereof) vest and the restrictions with
		respect to the Shares lapse in accordance with Section 2, Participant shall
		not have any
		of the rights of a shareholder of the Common Stock, including the right to vote
		the Shares and the right to receive dividends thereon. The rights of
		Participant with respect to the Shares shall remain forfeitable at all times
		prior to the date on which such rights become vested, and the restrictions with
		respect to the Shares lapse.

	  

	  2. Vesting;
		Number of Shares. In order
		to vest in any Shares, Participant must remain continuously employed by Stanley
		or an Affiliate until the later of (i) the second anniversary of the Award Date
		and (ii) the date on which distributions are made under the Company’s Long
		Term Performance Award Program for the 2006-2008 performance period (such later
		date the “Vesting Date”), the terms of which will be communicated to
		Participant in writing. The actual number of Shares Participant will receive,
		if any, is determined in accordance with the aforementioned program. As such, a
		portion of the Shares will be forfeited if maximum performance is not achieved
		in respect of the performance period. Once the number of Shares Participant is
		entitled to retain, if any, in respect of the 2006-2008 performance period has
		been determined (i.e., as soon
		as reasonably practicable following the end of the performance period) and
		after the Vesting Date, those Shares will be nonforfeitable and Participant
		will be entitled to all the rights attached to such Shares (e.g.,
		dividends and voting rights), subject to any restrictions contained in this
		Award. Shares shall not vest upon a Change in Control. 

	  

	 3. Forfeiture
		Upon Termination of Employment.
		 If, prior
		to vesting of the Shares pursuant to Section 2, Participant ceases to be an
		employee of the Company or an Affiliate due to retirement, death or disability
		prior to the date the performance awards are distributed, Participant’s
		award will be pro-rated based on the number of days in the performance period
		that the participant was employed by the Company or an Affiliate.
		Participant’s pro rated performance award will be distributed at the same
		time as performance awards for active Participants are distributed, to the
		extent the applicable performance metrics have been achieved. If, prior to
		vesting of the Shares pursuant to Section 2, Participant ceases to be an
		employee of the Company or an Affiliate for any other reason, then
		Participant’s rights to the Shares shall be immediately and irrevocably
		forfeited. 

	  

	 4. Restriction
		on Transfer. Until
		Shares vest pursuant to Section 2 and for two years thereafter, such Shares may
		not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed
		of or encumbered, and no attempt to transfer unvested Shares, whether voluntary
		or involuntary, by operation of law or otherwise, shall vest the transferee
		with any interest or right in or with respect to the unvested Shares.
		Notwithstanding the foregoing, Participant may, in the manner established by
		the Committee, designate a beneficiary or beneficiaries to exercise the rights
		of Participant and receive any property distributable with respect to vested
		Shares upon the death of Participant. Provided the Participant, at such time,
		holds a number of shares of Company Common Stock equal in value to 2X
		Participant’s Base Salary (“Minimum Ownership Guidelines”), all
		Shares issued with respect to this Award shall be fully registered and freely
		transferable two years after the vesting date of such Shares. To the extent
		Participant does not meet the Minimum Ownership Guidelines, all or a portion of
		Shares shall continue to be restricted to the extent necessary for Participant
		to meet the Minimum Ownership Guidelines at the time of distribution. If,
		through the acquisition of additional shares or otherwise, the total market
		value of shares owned by Participant (restricted and unrestricted) exceeds the
		Minimum Ownership Guidelines, the restrictions on the sale and transfer of that
		number of Shares in excess of the number required to meet the Minimum Ownership
		Guidelines shall lapse. All restrictions associated with the Minimum Ownership
		Guidelines shall lapse if Participant ceases to be an employee of Company or an
		Affiliate. Participant shall be subject to the Company's insider trading rules
		with respect to the Shares, including those aimed at achieving compliance with
		applicable laws outside of the United States, including Article L.
		225-197-1° and 2° of the French Commercial Code.

	  

	 

	 
	 

	 
	  

	 5. Issuance
		of Shares.

	 (a) Effective
		as of the Award Date, the Company shall cause the Shares to be issued in
		book-entry form, registered in Participant’s name. The Shares shall be
		subject to an appropriate stop-transfer order.

	  

	 (b) After any
		of the Shares vest pursuant to Section 2 and following the lapse of all
		restrictions pursuant to Section 4 and the payment of the applicable
		withholding taxes pursuant to Section 6, the Company promptly shall cause the
		stop-transfer order to be removed with respect to such vested
		Shares.

	  

	 6. Income
		Tax Matters.

	  

	 (a) In order
		to comply with all applicable federal or state income tax laws or regulations,
		the Company may take such action as it deems appropriate to ensure that all
		applicable federal or state payroll, withholding, income or other taxes, which
		are the sole and absolute responsibility of Participant, are withheld or
		collected from Participant.

	  

	 (b) In
		accordance with the terms of the Plan, and such rules as may be adopted by the
		Committee under the Plan, Participant may elect to satisfy Participant’s
		federal and state income tax withholding obligations arising from the receipt
		of, or the lapse of restrictions relating to, the Shares, by (i) delivering
		cash, check (bank check, certified check or personal check) or money order
		payable to the Company, (ii) having the Company withhold a portion of the
		Shares otherwise to be delivered having a Fair Market Value equal to the amount
		of such taxes, or (iii) delivering to the Company shares of Common Stock
		already owned by Participant having a Fair Market Value equal to the minimum
		statutorily required amount of such taxes. Any shares already owned by
		Participant referred to in the preceding sentence must have been owned by
		Participant for no less than six months prior to the date delivered to the
		Company if such shares were acquired upon the exercise of an option or upon the
		vesting of restricted stock units or other restricted stock. The Company will
		not deliver any fractional Share but will pay, in lieu thereof, the Fair Market
		Value of such fractional Share. Participant’s election must be made on or
		before the date that the amount of tax to be withheld is determined.
		

	  

	 (c) Participant
		undertakes to meet any and all obligations necessary to be entitled, and allow
		the Company and any of its Affiliates to be entitled, to the benefit of the
		favorable tax and social security treatment provided by Articles 80
		quaterdecies and
		200A. 6 bis of the
		French Tax Code and the second paragraph of Article L. 242-1 of the French
		Social Security Code, as amended from time to time, or any successor provisions
		thereto (e.g., holding
		periods, filing requirements).

	  

	 7. No
		right to employment.
		This
		Award does not confer on Participant any right with respect to the continuation
		of employment with the Company or any Affiliate, nor will it interfere in any
		way with the right of the Company or any Affiliate to terminate the
		Grantee’s employment at any time.

	  

	 8. Miscellaneous. All
		decisions or interpretations of the Committee with respect to any question
		arising under this Plan or this Award shall be binding, conclusive and final.
		The waiver by Stanley of any provision of this Award shall not operate as or be
		construed to be a subsequent waiver of the same provision or of any other
		provision of the Award. The validity and construction of the Award shall be
		governed by the laws of the State of Connecticut. Participant agrees to execute
		such other agreements, documents or assignments as may be necessary or
		desirable to effect the purposes of this Award.

	  

	 9. Binding
		Effect.
		The grant
		of this Award shall be binding and effective only if this Certificate is
		executed by or on behalf of Stanley. 

	  

	 

	 
	 

	 
	  

	 10. Capitalized
		Terms.
		All
		capitalized terms used in this certificate which are not defined herein or on
		the front of this certificate shall have the meanings given them in the Plan
		unless the context clearly requires otherwise.

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