Document:

<PAGE>

EXHIBIT 10.2

                              WEYERHAEUSER COMPANY
                          2004 LONG-TERM INCENTIVE PLAN

                        PERFORMANCE PLAN AWARD AGREEMENT

      Pursuant to your Grant Notice (the "Grant Notice") and this Performance
Plan Award Agreement, Weyerhaeuser Company has granted you under its 2004
Long-Term Incentive Plan (the "Plan") the target number of Performance Plan
Awards ("Awards") indicated in your Grant Notice at the market value indicated
in your Grant Notice. Capitalized terms not explicitly defined in this Grant
Agreement but defined in the Plan have the definitions given to such terms in
the Plan. Awards represent the Company's unfunded and unsecured promise to issue
shares of Company Common Stock to you at a future date based upon satisfaction
of certain performance criteria, and subject to the terms of this Agreement and
the Plan. You have no rights under the Awards other than the rights of a general
unsecured creditor of the Company. In addition, the Awards have the following
terms and conditions:

1. VESTING. You can earn the Awards based on the Company's performance in
achieving cumulative business targets of RONA Spread relative to certain
performance peers over a three-year period commencing on 12/26/2005 and ending
12/28/2008 ("Performance Period"). Awards vest at the end of the Performance
Period subject to the provisions of Section 3, Termination of Employment.

Performance against the targets will be subject to payout calculations as
follows:

<TABLE>
<CAPTION>
     PERFORMANCE ACHIEVED                                 PAYMENT
-------------------------------                 -------------------------
<S>                                             <C>
Below minimum performance                       No payment

Minimum (threshold) performance                 20% of grant may be paid

Target performance                              100% of grant may be paid

Maximum performance                             200% of grant may be paid
</TABLE>

Payment for performance between thresholds will be determined on a pro-rata
basis.

      Awards that have not vested at the end of the Performance Period in
accordance with the preceding paragraph are forfeited and no longer have any
value. No Shares will be issued or issuable with respect to any portion of the
Awards that do not vest at the end of the Performance Period.

<PAGE>

2. CONVERSION OF AWARDS AND ISSUANCE OF SHARES. Upon each vesting of Awards, one
share of Company Common Stock shall be issued for each Award that vests on such
date (the "Shares"), subject to the terms of the Plan and this Agreement.
Thereafter, the Company will subtract from the vested Shares the whole number of
Shares necessary to satisfy any required Tax Withholding Obligations as
described in Section 9 hereof, and transfer the balance of the vested Shares to
you. No fractional shares of Common Stock shall be issued under this Agreement.

3. TERMINATION OF EMPLOYMENT. Upon termination of your employment for any reason
(including as a result of death or disability), any of your Awards that are not
vested are forfeited and no longer have any value. No Shares will be issued or
issuable with respect to any portion of the Awards that are forfeited.

4. DIVIDENDS. Except as otherwise specifically provided in this Agreement, you
will not be entitled to any rights of a shareholder with respect to Awards that
have not vested. Notwithstanding the foregoing, if the Company declares and pays
dividends on Common Stock during the time period when unvested Awards are
outstanding, you will be credited with additional amounts for each unvested
Award equal to the dividend that would have been paid with respect to such
unvested Award if it had been an actual share of common Stock, which amount
shall remain subject to restrictions (and as determined by the Administrator may
be reinvested in unvested Awards ) and shall vest concurrently with the vesting
of the unvested Awards upon which such dividend equivalent amounts were paid.

5. NO RIGHTS AS SHAREHOLDER UNTIL VESTING. You shall not have any voting or any
other rights as a shareholder of the Common Stock with respect to the unvested
Awards. Upon vesting of the Awards and issuance of shares of Common Stock, you
will obtain full voting and other rights as a shareholder of the Company.

6. SECURITIES LAW COMPLIANCE. Notwithstanding any other provision of this
Agreement, you may not sell the Shares acquired upon vesting of the Awards
unless such Shares are registered under the Securities Act of 1933, as amended
(the "Securities Act"), or, if such Shares are not then so registered, such sale
would be exempt from the registration requirements of the Securities Act. The
sale of such Shares must also comply with other applicable laws and regulations
governing the Shares and you may not sell the Shares if the Company determines
that such sale would not be in material compliance with such laws and
regulations.

7. NON-TRANSFERABILITY OF AWARDS. Notwithstanding any other provision of this
Agreement, you may not sell, pledge, assign, hypothecate, transfer or dispose of
your Awards in any manner prior to the distribution to you of shares of Company
common stock in respect of such Awards. Awards shall not be subject to
execution, attachment or other process.

8. INDEPENDENT TAX ADVICE. You acknowledge that determining the actual tax
consequences of receiving or disposing of the Awards and Shares may be
complicated. These tax consequences will depend, in part, on your specific
situation and also may depend on the resolution of currently uncertain tax law
and other variables not within the control of the Company. You are aware that
you should consult a competent and independent tax advisor for a full
understanding of the specific tax consequences to you of receiving or disposing
of Awards and Shares. Prior to executing this Agreement, you either have
consulted with a competent tax advisor independent of the Company to obtain tax
advice concerning the receipt, vesting or disposition of the Awards or Shares in
light of your specific situation or have had the opportunity to consult with
such a tax advisor but chose not to do so.

<PAGE>

9. TAXES AND WITHHOLDING. You are ultimately liable and responsible for all
taxes owed in connection with the Awards, including federal, state, local, FICA,
or foreign taxes of any kind required by law, regardless of any action the
Company takes with respect to any tax withholding obligations that arise in
connection with the Awards. The Company makes no representation or undertaking
regarding the treatment of any tax withholding in connection with the Grant or
vesting of the Award or the subsequent sale of Shares issuable pursuant to the
Awards. The Company does not commit and is under no obligation to structure the
Awards to reduce or eliminate your tax liability.

      When an event occurs in connection with the Awards (e.g., vesting) that
the company determines results in any domestic or foreign tax withholding
obligation, whether national, federal, state or local, including any social tax
obligation (the "Tax Withholding Obligation"), TO THE EXTENT REQUIRED BY LAW,
the Company shall retain without notice from Shares issuable under the Awards or
from salary or other amounts payable to you, whole Shares or cash having a value
sufficient to satisfy your Tax Withholding Obligation.

      The Company may refuse to issue any Shares to you until your Tax
Withholding Obligation is satisfied.

10. GRANT NOT AN EMPLOYMENT OR SERVICE CONTRACT. Nothing in the Plan or any
Award granted under the Plan will be deemed to constitute an employment contract
or confer or be deemed to confer any right for you to continue in the employ of,
or to continue any other relationship with, the Company or any Related Company
or limit in any way the right of the Company or any Related Company to terminate
your employment or other relationship at any time, with or without cause.

11. NO RIGHT TO DAMAGES. You will have no right to bring a claim or to receive
damages if any portion of the Grant is forfeited. The loss of existing or
potential profit in Awards will not constitute an element of damages in the
event of your termination of service for any reason even if the termination is
in violation of an obligation of the Company or a Related Company to you.

12. BINDING EFFECT. This Grant Agreement will inure to the benefit of the
successors and assigns of the Company and be binding upon you and your heirs,
executors, administrators, successors and assigns.

13. LIMITATION ON RIGHTS; NO RIGHT TO FUTURE GRANTS; EXTRAORDINARY ITEM OF
COMPENSATION. By entering into this Grant Agreement and accepting the Grant
evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature
and may be suspended or terminated by the Company at any time; (b) that the
Grant is a one-time benefit that does not create any contractual or other right
to receive future grants of performance plan awards; (c) that all determinations
with respect to any such future grants, including, but not limited to, the times
when grants will be made, the number of performance plan awards subject to each
grant, the grant price, and the time or times when each grant will be
exercisable, will be at the sole discretion of the Company; (d) that your
participation in the Plan is voluntary; (e) that the value of the Grant is an
extraordinary item of compensation that is outside the scope of your employment
contract, if any; (f) that the Grant is not part of normal or expected
compensation for purposes of calculating any severance, resignation, redundancy,
end of service payments, bonuses, long-service awards, pension or retirement
benefits or similar payments; (g) that the vesting of the Grant ceases upon your
termination of employment for any reason and any unvested Awards will be
forfeited; and (h) that the future value of the Shares underlying the Grant is
unknown and cannot be predicted with certainty.

14. EMPLOYEE DATA PRIVACY. By entering into this Agreement, you (a) authorize
the Company and your employer, if different, and any agent of the Company
administering the Plan or

<PAGE>

providing Plan recordkeeping services, to disclose to the Company or any of its
affiliates any information and data the Company requests in order to facilitate
the grant of the Award and the administration of the Plan; (b) waive any data
privacy rights you may have with respect to such information; and (c) authorize
the Company and its agents to store and transmit such information in electronic
form.<PAGE>

EXHIBIT 10.3

                              WEYERHAEUSER COMPANY
                          2004 LONG-TERM INCENTIVE PLAN

                                 GRANT AGREEMENT

Pursuant to your Grant Notice (the "Grant Notice") and this Grant Agreement,
Weyerhaeuser Company has granted you a stock appreciation right ("SAR") under
its 2004 Long-Term Incentive Plan (the "Plan") based on the number of shares of
the Company's Common Stock (the "Shares") indicated in your Grant Notice at the
grant price equal to the market value of the related Share that is indicated in
your Grant Notice. Capitalized terms not explicitly defined in this Grant
Agreement but defined in the Plan have the definitions given to such terms in
the Plan. The Grant is made to you as a participant in the Plan and is subject
to the terms and conditions set out in the Plan. In addition, the Grant has the
following terms and conditions:

1. VESTING. The Grant will vest and become exercisable over a period of four
years. No part of the Grant will be exercisable until the one-year anniversary
of the Grant Date. On the one-year anniversary of the Grant Date, 25% of the
Grant will vest and be exercisable, with an additional 25% of the Grant vesting
and becoming exercisable on each of the second, third and fourth anniversary of
the Grant Date. As of the fourth anniversary of the Grant Date, 100% of the
Grant will be vested and exercisable.

2. TERM. The Grant will expire at the time specified in your Grant Notice.
Following that date, you will no longer be able to exercise the SAR. In
addition, the Grant may terminate earlier than the tenth anniversary if your
employment with Weyerhaeuser Company ceases for any reason. Transfer of
employment between or among the Company and its subsidiaries is not considered
termination of employment. Grants that are not vested before their expiration
date are forfeited and without value.

3. CHANGE IN GRANT TERM AS A RESULT OF TERMINATION OF EMPLOYMENT. If your
employment terminates before the Grant has expired, the length of time during
which you have a right to exercise the Grant varies depending on the reason for
termination of employment.

      (a) TERMINATION AS A RESULT OF DEATH OF THE PARTICIPANT. During your
lifetime, this Grant may be exercised only by you. If you die while actively
employed, your Grant is automatically 100% vested and your beneficiary or
personal representative may exercise the Grant at any time or from time to time
within a maximum of two years after your date of death, or during the remaining
term of the grant if that is a shorter period of time.

      (b) TERMINATION OF EMPLOYMENT UPON RETIREMENT. If you qualify for
Retirement at the time of termination (after reaching age 65 or after reaching
age 62 with ten (10) years or more of Vesting Service as defined in the
Weyerhaeuser Company Retirement Plan for Salaried Employees) your Grant will
automatically be 100% vested at your retirement date and you will be able to
exercise the Grant for the remaining term of the grant, up to a maximum of 10
years.

      (c) TERMINATION OF EMPLOYMENT UPON EARLY RETIREMENT OR DISABILITY
RETIREMENT. If you retire before age 62, but not earlier than your 55th birthday
and you also have accrued a total of

<PAGE>

10 years of Vesting Service (as defined in the Weyerhaeuser Company Retirement
Plan for Salaried Employees) ("Early Retirement"), your Grant will continue to
vest according to the vesting schedule described above and you will be able to
exercise any portion of your Grant that has vested within a maximum of five
years from your termination date, or during the remaining term of the Grant if
that is a shorter period of time. In addition, if you do not qualify for
Retirement or Early Retirement, but retire as a result of a Disability, the
onset of which occurred on or after the date you had accrued 10 years of Vesting
Service ("Disability Retirement"), your Grant will continue to vest according to
the schedule described above and you will be able to exercise any portion of
your Grant that has vested within a maximum of five years from your termination
date, or during the remaining term of the grant if that is a shorter period of
time.

      "Disability" means " a medical condition in which a person is either
entitled to total and permanent disability benefits under the Social Security
Act or judged to be totally and permanently disabled by any person or committee
entitled to make such determinations pursuant to the Company's Retirement Plan
for Salaried Employees.

      (d) TERMINATION OF EMPLOYMENT DUE TO POSITION ELIMINATION OR DISABILITY.
If your employment is terminated as a result of position elimination or
Disability, your Grant will continue to vest according to the schedule described
above and you will be able to exercise vested portions of the Grant within a
maximum of three years from the date of termination, or during the remaining
term of the Grant if that is a shorter period of time.

      (e) TERMINATION OF EMPLOYMENT FOR REASON OTHER THAN POSITION ELIMINATION,
RETIREMENT, EARLY RETIREMENT OR DISABILITY RETIREMENT. If your employment is
terminated for any reason other than position elimination, Retirement, Early
Retirement or Disability Retirement, any portion of your Grant that is not
vested is forfeited and no longer has any value. You will be able to exercise
any portion of your Grant that has vested as of the date of your termination for
a maximum of three calendar months from the date of termination, or during the
remaining term of the Grant if that is a shorter period of time.

      (f) TERMINATION OF EMPLOYMENT FOR CAUSE. The vested portion of the Grant
will automatically expire at the time the Company first notifies you of your
Termination for Cause, unless the Committee determines otherwise. If your
employment or service relationship is suspended pending an investigation of
whether you will be terminated for Cause, all your rights under the Grant
likewise will be suspended during the period of investigation. If any facts that
would constitute termination for Cause are discovered after your Termination of
Service, any portion of the Grant you then hold may be immediately terminated by
the Committee.

      "Cause" means: (i) willful and continued failure to perform substantially
your duties with the Company after the Company delivers to you written demand
for substantial performance specifically identifying the manner in which you
have not substantially performed your duties; (ii) conviction of a felony; or
(iii) willfully engaging in illegal conduct or gross misconduct that is
materially and demonstrably injurious to the Company.

IT IS YOUR RESPONSIBILITY TO BE AWARE OF THE DATE THE GRANT TERMINATES.

                                       2

<PAGE>

4. SECURITIES LAW COMPLIANCE. Notwithstanding any other provision of this
Agreement, you may not exercise the SAR included in the Grant unless the Company
has determined that such exercise and issuance would comply with the
requirements of the Securities Act. The exercise of the SAR must also comply
with other applicable laws and regulations governing the SAR, and you may not
exercise the SAR if the Company determines that such exercise would not be in
compliance with such laws and regulations.

      5. METHOD OF EXERCISE AND PAYMENT. You may exercise the SAR by giving
notice to the Company or a brokerage firm designated or approved by the Company,
in form and substance satisfactory to the Company, which will state your
election to exercise the SAR and the number of Shares with respect to which you
are exercising the SAR. Upon exercise of the SAR, you will be entitled to
receive a cash payment equal to the market price of the Company's Shares at the
time of exercise minus the grant price, multiplied by the number of Shares with
respect to which the SAR is exercised.

6. WITHHOLDING TAXES. As a condition to the exercise of any portion of a Grant,
you must make such arrangements as the Company may require for the satisfaction
of any federal, state, local or foreign withholding tax obligations that may
arise in connection with such exercise.

7. GRANT NOT AN EMPLOYMENT OR SERVICE CONTRACT. Nothing in the Plan or any Award
granted under the Plan will be deemed to constitute an employment contract or
confer or be deemed to confer any right for you to continue in the employ of, or
to continue any other relationship with, the Company or any Related Company or
limit in any way the right of the Company or any Related Company to terminate
your employment or other relationship at any time, with or without Cause.

8. NO RIGHT TO DAMAGES. You will have no right to bring a claim or to receive
damages if you are required to exercise the vested portion of the Grant within
three months (one year in the case of Retirement, Disability or death) of the
Termination of Service or if any portion of the Grant is cancelled or expires
unexercised. The loss of existing or potential profit in Awards will not
constitute an element of damages in the event of your Termination of Service for
any reason even if the termination is in violation of an obligation of the
Company or a Related Company to you.

9. BINDING EFFECT. This Grant Agreement will inure to the benefit of the
successors and assigns of the Company and be binding upon you and your heirs,
executors, administrators, successors and assigns.

10. LIMITATION ON RIGHTS; NO RIGHT TO FUTURE GRANTS; EXTRAORDINARY ITEM OF
COMPENSATION. By entering into this Grant Agreement and accepting the Grant
evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature
and may be suspended or terminated by the Company at any time; (b) that the
Grant is a one-time benefit that does not create any contractual or other right
to receive future grants of SARs, options, or benefits in lieu of options; (c)
that all determinations with respect to any such future grants, including, but
not limited to, the times when grants will be made, the number of shares subject
to each grant, the grant price, and the time or times when each grant will be
exercisable, will be at the sole discretion of the Company; (d) that your
participation in the Plan is voluntary; (e) that the value of the Grant is an
extraordinary item of compensation that is outside the scope of your employment
contract, if any; (f) that the Grant is not part of normal or expected
compensation for purposes of calculating any severance, resignation, redundancy,
end of service payments, bonuses, long-service awards, pension or

                                       3

<PAGE>

retirement benefits or similar payments; (g) that the vesting of the Grant
ceases upon your Termination of Service for any reason except as may otherwise
be explicitly provided in the Plan or this Grant Agreement or otherwise
permitted by the Committee; (h) that the future value of the Shares underlying
the Grant is unknown and cannot be predicted with certainty; and (i) that if the
Shares underlying the Grant do not increase in value, the Grant will have no
value.

11. EMPLOYEE DATA PRIVACY. By entering into this Agreement, you (a) authorize
the Company and your employer, if different, and any agent of the Company
administering the Plan or providing Plan recordkeeping services, to disclose to
the Company or any of its affiliates any information and data the Company
requests in order to facilitate the grant of the Option and the administration
of the Plan; (b) waive any data privacy rights you may have with respect to such
information; and (c) authorize the Company and its agents to store and transmit
such information in electronic form.

                                       4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00097-of-00352.parquet"}]]