Document:

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                                                                    EXHIBIT 10-4

                        RESTRICTED STOCK AWARD AGREEMENT

                                 PURSUANT TO THE

                         LEXINGTON PRECISION CORPORATION

                              2005 STOCK AWARD PLAN

Name of Participant:

Date of Grant:

Number of Shares:

Value of each Share on Date of Grant: $

            This RESTRICTED STOCK AGREEMENT (the "Agreement"), dated as of
_______________ 20__, is made between Lexington Precision Corporation, a
Delaware corporation (the "Company") and the above-named individual (the
"Participant") to record the granting of Restricted Stock on
____________________ (the "Date of Grant") to the Participant pursuant to the
Lexington Precision Corporation 2005 Stock Award Plan (the "Plan").

            The Company and the Participant hereby agree as follows:

            1. Grant of Shares. The Company hereby grants to the Participant, as
of the Date of Grant, subject to and in accordance with the terms and conditions
of the Plan and this Agreement, _____________ shares of the Company's Common
Stock, par value $0.25 per share (the "Common Stock"). The grant of shares of
Common Stock to the Participant, evidenced by this Agreement, is an award of
Restricted Stock (as defined in the Plan) and such shares of Restricted Stock
are referred to herein as the "Shares".

            2. Vesting of Shares. Ownership of the Shares shall vest pursuant to
the following vesting schedule, provided, in each case, any additional
conditions and performance goals set forth in Schedule I have been satisfied and
the Participant is still employed or retained by the Company or one of its
Subsidiaries:

     Anniversary of Date of Grant             Shares Vested

      The foregoing vesting schedule notwithstanding, if the employment or other
relationship of the Participant with the Company or one of its Subsidiaries
terminates by reason of the

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                                      -2-

Participant's Disability or death, all Shares or portions thereof not yet vested
shall become immediately vested.

            3. Forfeiture. Shares that do not become vested in accordance with
the vesting criteria set forth in Section 2 (and any dividends or other
distributions related to such Shares) shall be forfeited to the Company.
Accordingly, if the Shares do not vest in accordance with the vesting criteria
set forth in Section 2 and the Participant's employment or service terminates
for any reason, the Shares shall be forfeited.

            4. Legend. Each share certificate representing the Shares shall bear
a legend indicating that such Shares are "Restricted Stock" and are subject to
the provisions of this Agreement and the Plan.

            5. Withholding Taxes. If the Participant is an employee of the
Company or any of its Subsidiaries, the Participant shall remit to the Company
the amount needed to satisfy any federal, state or local withholding taxes that
may arise or be applicable as the result of the award or vesting of the Shares.

            6. General Restrictions on Issuance of Stock Certificates. The
Company shall not be required to deliver any certificate representing the Shares
until it has been furnished with such opinions, representations or other
documents as it may deem necessary or desirable, in its discretion, to ensure
compliance with any law or rules of the Securities and Exchange Commission or
any other governmental authority having jurisdiction under the Plan or over the
Company, the Participant, or the Shares or any interests granted thereunder.

            7. Rights as Shareholder. Except for the dividend and distribution
restrictions described below, and the transfer and other restrictions set forth
elsewhere in this Agreement and in the Plan, the Participant, as record holder
of the Shares, shall possess all the rights of a holder of the Company's Common
Stock, including voting, dividend and other distribution rights, provided,
however, that prior to vesting the certificates representing the Shares, as well
as any dividends or other distributions with respect to such Shares, shall be
held by the Company for the benefit of the Participant. Any distributions with
respect to the Shares in the form of capital stock shall be treated as
Restricted Stock in the same manner as the Shares. If the underlying Shares do
not vest, then any capital stock distributed with respect to the Shares, as well
as any other dividends or other distributions with respect to such Shares, shall
be forfeited to the Company. Upon forfeiture of any Shares, the Participant
agrees to deliver promptly to the Company certificates representing such Shares
which do not vest and a stock power executed in blank covering such Shares (and
covering any capital stock distributed with respect to such Shares). The stock
power with respect to any certificate representing Shares which do not vest
shall be completed in the name of the Company by an officer of the Company and
returned to treasury.

            8. Transferability - Restricted Share Certificates. The Shares may
not be sold, transferred, pledged, assigned, encumbered, or otherwise alienated
or hypothecated until they become vested in accordance with Section 2 of this
Agreement and then only to the extent permitted under this Agreement and by
applicable securities laws. Prior to vesting, all rights

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with respect to the Restricted Stock granted to a Participant under the Plan
shall be available, during such Participant's lifetime, only to such
Participant.

            9. No Consultant/Employment Rights. Neither the Plan nor this award
shall confer upon the Participant any right with respect to continuance of
employment by or service as a consultant of the Company or any affiliate nor
shall they interfere in any way with the right of the Company or any affiliate
to terminate the Participant's employment or service as a consultant at any
time, with or without cause.

            10. Section 83(b) Election. The Participant may elect, within 30
days of the Date of Grant pursuant to Section 83(b) of the Internal Revenue
Code, to include in his or her gross income the fair market value of the Shares
covered by this Agreement in the taxable year of grant. The election must be
made by filing the appropriate notice with the Internal Revenue Service within
30 days of the Date of Grant. If the Participant makes this election, the
Participant shall promptly notify the Company by submitting to the Company a
copy of the election notice filed with the Internal Revenue Service.

            11. Adjustment of Shares. As provided by the Plan, in the event of
any change in the Common Stock of the Company by reason of any stock dividend,
stock split, recapitalization, reorganization, merger, consolidation, split-up,
combination, or exchange of Shares, or of any similar change affecting the
Common Stock, the Shares shall be adjusted automatically consistent with such
change to prevent substantial dilution or enlargement of the rights granted to,
or available for, the Participant hereunder.

            12. Coordination with Plan. Terms used herein that are defined in
the Plan shall have the meanings ascribed to them in the Plan. If there is any
inconsistency between the terms of this Award Agreement and the terms of the
Plan, the Plan's terms shall supersede and replace the conflicting terms herein.

            13. Notices. All notices to the Company shall be in writing and sent
to the Company's Secretary at the Company's offices, Lexington Precision
Corporation., 40 East 52nd Street, New York, NY 10022 or to such other person
and/or addresses the Company may provide by notice to Participant. Notices to
the Participant shall be addressed to the Participant at the Participant's
address as it appears on the Company's records.

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      IN WITNESS WHEREOF, the Company and the Participant have caused this
Restricted Stock Agreement to be executed on the date set forth opposite their
respective signatures, it being further understood that the Date of Grant may
differ from the date of signature.

Dated:____________                       LEXINGTON PRECISION CORPORATION

                                         By:______________________________
                                         Name:
                                         Title:

Dated:____________                       PARTICIPANT

                                         _________________________________
                                         Name:

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                                      -5-

               SCHEDULE I VESTING CONDITIONS AND PERFORMANCE GOALSEx-10.7

 

Exhibit 10.7

May 10, 2005

Michael Sileck

5 Charles Court

Chappaqua, NY 10514

Dear Michael:

On behalf of World Wrestling Entertainment, Inc., I am pleased to extend the following offer of
employment to you.

	 	 	 	 	 	 
	

	 	Title:
	 	Chief Financial Officer

You will also be elected to the company’s
board of directors.
	 	 
	

	 	Location:
	 	Corporate Headquarters

1241 East Main Street

Stamford, CT 06902
	 	 
	

	 	Department:
	 	Finance
	 	 
	

	 	Reporting

Relationship:
	 	Linda McMahon

Chief Executive Officer
	 	 
	

	 	Start Date:
	 	June 6, 2005
	 	 
	

	 	Base Compensation:
	 	$550,000 base salary, which will be paid
bi-weekly, in the amount of $21,153.84. You
will first be eligible for a salary
increase, based upon your performance
evaluation, in calendar year 2006. Our
current annual performance review is June
1st.
	 	 
	

	 	Term:
	 	June 1, 2005 — May 31, 2008
	 	 
	

	 	Sign-on Bonus:
	 	$50,000 less applicable deductions payable
on the first pay date following 30 days of
employment. If you voluntarily terminate
employment with WWE within one year of your
date of hire, you must reimburse WWE 100% of
your sign-on bonus. Reimbursement is due
within 10 days following last day of
employment.
	 	 
	

	 	Incentive Bonus:
	 	You are eligible to participate in
the WWE Management Incentive Program. This
program is based upon your performance
evaluation and achievement of fiscal year
company/business unit financial goals.
Currently, the target bonus for your level
of position is 50%. Bonus payments are made
after the close of the fiscal year (May 1 -
April 30). You will first be eligible for an
incentive bonus payment in 2006.

 

 

	 	 	 	 	 	 
	

	 	Restricted Shares:
	 	You will be granted 100,000
restricted shares of Class A Common Stock of
World Wrestling Entertainment, Inc., on the
first day of your employment. Your
restricted stock will vest 50% after year 2
and 50% after year 3. A copy of the LTIP
will be provided to you on your start date.
	 	 	 
	

	 	Benefits:
	 	You will be eligible for full company
benefits on the first day of the month
following your date of hire. Company
benefits include: Medical, Dental, Life, LTD
and 401(k) plan. Detailed information
regarding the benefits is included in the
enclosed offer packet.
	 	 	 
	

	 	Severance:
	 	If at any time during the Term your
employment is terminated by World Wrestling
Entertainment, Inc. for any or no reason but
without “cause”, you will receive your then
current base salary for the remainder of the
Term and this initial grant of 100,000
shares will vest on the date of termination.
If you are terminated by WWE, Inc. for
“cause”, WWE will have no further financial
obligation to you as of the date of the
termination. For purposes of the forgoing,
“cause” is defined as (i) engages in fraud,
deceit, misappropriation, embezzlement or
theft against WWE or any of its affiliates
or (ii) is indicted, convicted, pleads or
enters a plea of nolo contendere to a
felony, or (iii) violates any statute,
ordinance or other provision of law or (iv)
violates any provision of the enclosed
Confidentiality/Non Solicitation Agreement.
	 	 	 
	

	 	Vacation:
	 	4 weeks vacation and 3 personal days. See
vacation policy included in the offer packet
for more details.

2

 

This offer is contingent upon Board approval, clear reference and background checks and
satisfaction of the Immigration Control and Reform Act requirements.

On behalf of World Wrestling Entertainment, Inc., we are very pleased that you have accepted this
offer and look forward to you joining our team. If you have any questions, please do not hesitate
to give me a call at (203) 353-5016.

Please fax a signed copy of this letter to my attention by Friday, May 13, 2005. The fax number is
(203) 359-5151.

	 	 	 	 
	Sincerely,

	 	 
	/s/ Nicole Zussman

	 	 
	Nicole Zussman

Vice President, Human Resources

	 	 
	/s/ Michael Sileck
	 	May 11, 2005
	 

	 	 
	Michael Sileck

	 	Date
	 	 
	Enclosure
	 	 

3

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