Document:

<PAGE>

                                                                    Exhibit 10.1

                                                        RETURN THE ENCLOSED COPY
                                                       AFTER YOU HAVE SIGNED AND
                                                          PROVIDED THE REQUESTED
                                                      INFORMATION; PLEASE RETAIN
                                                                    THE ORIGINAL

                        Restricted Stock Award Agreement
                                     [Date]

[Name]
[Address1]
[Address2]
[Address3]
[Address4]

Dear [Salutation]:

      On behalf of the Company, I am pleased to inform you that on [date] the
Organization and Compensation Committee of the Board of Directors granted you an
Award of Restricted Stock, pursuant to the Company's 2005 Long Term Stock
Incentive Plan (the "Plan"), of [In Words] ([Shares]) shares of the Company's
$1.00 par value Common Stock (the "Restricted Shares"). This letter and the
attached Appendix (the "Agreement") state the terms of the Award and contain
other provisions which on your acceptance commit the Company and you, so I urge
you to read them carefully. You should also read the copies of the Plan and
related Prospectus which are available from the Company. Enclosed are copies of
these documents as well as our latest annual report to stockholders to the
extent our records indicate you may not have previously received them. For
purposes of this Agreement, use of the words "employment" or "employed" shall be
deemed to refer to employment by the Company and its subsidiaries and unless
otherwise stated shall not include employment by an "Affiliate" (as defined in
the Plan) which is not a subsidiary of the Company unless the Committee so
determines at the time such employment commences.

      Certificates for the shares of stock evidencing the Restricted Shares will
not be issued but the shares will be registered in your name in book entry form
promptly after your acceptance of this Award. You will be entitled to vote and
receive any cash dividends (net of required tax withholding) on the Restricted
Shares, but you will not be able to obtain a stock certificate or sell, encumber
or otherwise transfer the shares except in accordance with the Plan.

<PAGE>

                                  Page 2

                                                                          [Date]

      Provided since the date of the Award you have been continuously employed
by the Company, the restrictions on 10% of the shares will automatically lapse
on [date] and on the same date of each year thereafter until all shares are free
of restrictions, in each case based on the initial number of shares.

      In accordance with Section 6(d)(iv) of the Plan, if your employment should
be terminated by reason of your permanent and total disability or if you should
die while Restricted Shares remain unvested, the restrictions on all Restricted
Shares will lapse and your rights to the shares will become vested on the date
of such termination or death. If you are then an employee and your employment
should be terminated by reason of retirement on or after your attaining age 65,
such restrictions will continue to lapse in the same manner as though your
employment had not been terminated, subject to the other provisions of this
letter and the Plan.

      If in the calendar year in which you attain age 66 there are more than
five annual installments remaining to vest, the restricted period for shares
that would otherwise vest beyond the next five annual installments will be
accelerated to vest evenly in whole shares on the next five original vesting
dates, so that you will be fully vested not later than the end of the calendar
year in which you attain age 70. Subject to the other terms contained in this
letter, if this Award is granted in or after the calendar year in which you
attain age 65, this Award will vest in five equal annual installments.

      As restrictions lapse, a certificate for the number of Restricted Shares
as to which restrictions have lapsed will be forwarded to you or the person or
persons entitled to the shares.

      If your employment is terminated for any reason, with or without cause,
while restrictions remain in effect, other than for a reason referred to above,
all Restricted Shares for which restrictions have not lapsed will be
automatically forfeited to the Company.

      Notwithstanding the foregoing, if at any time you engage in an activity
following your termination of employment which in the sole judgment of the
Committee is detrimental to the interests of the Company, a subsidiary or
affiliated company, all Restricted Shares for which restrictions have not lapsed
will be forfeited to the Company.

      Your acceptance of this Award of Restricted Stock will acknowledge that
you have read all of the terms and conditions herein and as set forth in the
attached Appendix and will evidence your agreement to all of such terms and
conditions and to the incorporation of the Appendix as part of this Agreement.

<PAGE>

                                     Page 3

                                                                          [Date]

      Please complete your mailing address and social security number as
indicated below, sign, date and return one copy of this Award Agreement to
Eugene A. Gargaro, Jr., our Vice President and Secretary, as soon as possible in
order that this Award may become effective. Since the Restricted Shares cannot
be registered in your name until we receive the signed copy of this Agreement,
and since dividend, voting and other rights will only become effective at that
time, your prompt attention and acceptance will be greatly appreciated.

                                        Very truly yours,

                                        MASCO CORPORATION

                                        Richard A. Manoogian
                                        Chairman of the Board and
                                        Chief Executive Officer

I accept and agree to the foregoing terms and conditions and the terms and
conditions contained in the attached Appendix.

                                        ________________________________________
                                        (Signature of Recipient)

                                        ________________________________________

                                        ________________________________________
                                        (Mailing Address)

                                        ________________________________________
                                        (Social Security Number)

                                        Dated: _________________________________

<PAGE>

                           APPENDIX TO AWARD AGREEMENT

      Masco Corporation (the "Company") and you agree that all of the terms and
conditions of the award of Restricted Shares (the "Grant") contained in the
foregoing letter agreement into which this Appendix is incorporated (the
"Agreement") are reflected in the Agreement and in the 2005 Long Term Stock
Incentive Plan (the "Plan"), and that there are no other commitments or
understandings currently outstanding with respect to any awards of options,
restricted stock, phantom stock or stock appreciation rights except as may be
evidenced by agreements duly executed by you and the Company.

      By signing the Agreement you acknowledge acceptance of the Grant and
receipt of the documents referred to in the Agreement and represent that you
have read the Plan, are familiar with its provisions, and agree to its
incorporation in the Agreement and all of the other terms and conditions of the
Agreement. Such acceptance, moreover, evidences your agreement promptly to
provide such information with respect to shares acquired pursuant to the Grant,
as may be requested by the Company or any of its subsidiaries or affiliated
companies.

      In addition you agree, in consideration for the Grant, and regardless of
whether restrictions on shares subject to the Grant have lapsed, while you are
employed or retained as a consultant by the Company or any of its subsidiaries
and for a period of one year following any termination of your employment and,
if applicable, any consulting relationship with the Company or any of its
subsidiaries other than a termination in connection with a Change in Control,
not to engage in, and not to become associated in a "Prohibited Capacity" (as
hereinafter defined) with any other entity engaged in, any "Business Activities"
(as hereinafter defined) and not to encourage or assist others in encouraging
any employee of the Company or any of its subsidiaries to terminate employment
or to become engaged in any such Prohibited Capacity with an entity engaged in
any Business Activities. "Business Activities" shall mean the design,
development, manufacture, sale, marketing or servicing of any product or
providing of services competitive with the products or services of (x) the
Company or any subsidiary if you are employed by or consulting with the Company
at any time while the Grant is outstanding, or (y) the subsidiary employing or
retaining you at any time while the Grant is outstanding, to the extent such
competitive products or services are distributed or provided either (1) in the
same geographic area as are such products or services of the Company or any of
its subsidiaries, or (2) to any of the same customers as such products or
services of the Company or any of its subsidiaries are distributed or provided.
"Prohibited Capacity" shall mean being associated with an entity as an employee,
consultant, investor or another capacity where (1) confidential business
information of the Company or any of its subsidiaries could be used in
fulfilling any of your duties or responsibilities with such other entity, (2)
any of your duties or responsibilities are similar to or include any of those
you had while employed or retained as a consultant by the Company or any of its
subsidiaries, or (3) an investment by you in such other entity represents more
than 1% of such other entity's capital stock, partnership or other ownership
interests.

      Should you either breach or challenge in judicial or arbitration
proceedings the validity of any of the restrictions contained in the preceding
paragraph, by accepting this Grant you agree, independent of any equitable or
legal remedies that the Company may have and without limiting the Company's
right to any other equitable or legal remedies, to pay to the Company in cash
immediately upon the demand of the Company (1) the amount of income realized for
income tax purposes from this Grant, net of all federal, state and other taxes
payable on the amount of such income, but only to the extent such income is
realized from restrictions lapsing on shares on or after your termination of
employment or, if applicable, any consulting relationship with the Company or
its subsidiary or within the two year period prior to the date of such
termination, plus (2) all costs and expenses of the Company in any effort to
enforce its rights under this or the preceding paragraph. The Company shall have
the right to set off or withhold any amount owed to you

<PAGE>

by the Company or any of its subsidiaries or affiliates for any amount owed to
the Company by you hereunder.

      By accepting this Grant you: (a) agree to comply with the requirements of
applicable federal and other laws with respect to withholding or providing for
the payment of required taxes; (b) acknowledge that (1) all of your rights to
the Grant are embodied in the Agreement and in the Plan, (2) the Grant and
acceptance of the Grant does not imply any commitment by the Company, a
subsidiary or affiliated company to your continued employment or consulting
relationship, and (3) your employment status is that of an employee-at-will and
in particular that the Company, its subsidiary or affiliated company has a
continuing right with or without cause (unless otherwise specifically agreed to
in writing executed by you and the Company) to terminate your employment or
other relationship at any time; and (c) agree that your acceptance represents
your agreement not to terminate voluntarily your current employment (or
consulting arrangement, if applicable) for at least one year from the date of
grant unless you have already agreed in writing to a longer period.

      Section 3 of the Plan provides, in part, that the Committee appointed by
the Company's Board of Directors to administer the Plan shall have the authority
to interpret the Plan and Grant agreements, and decide all questions and settle
all controversies and disputes relating thereto. It further provides that the
determinations, interpretations and decisions of the Committee are within its
sole discretion and are final, conclusive and binding on all persons. In
addition, you and the Company agree that if for any reason a claim is asserted
against the Company or any of its subsidiaries or affiliated companies or any
officer, employee or agent of the foregoing (other than a claim involving
non-competition restrictions or the Company's, a subsidiary's or an affiliated
company's trade secrets, confidential information or intellectual property
rights) which (1) are within the scope of the Dispute Resolution Policy (the
terms of which are incorporated herein); (2) subverts the provisions of Section
3 of the Plan; or (3) involves any of the provisions of the Agreement or the
Plan or the provisions of any other restricted stock awards or option or other
agreements relating to Company Common Stock or the claims of yourself or any
persons to the benefits thereof, in order to provide a more speedy and
economical resolution, the Dispute Resolution Policy shall be the sole and
exclusive remedy to resolve all disputes, claims or controversies which are set
forth above, except as otherwise agreed in writing by you and the Company or a
subsidiary of the Company. It is our mutual intention that any arbitration award
entered under the Dispute Resolution Policy will be final and binding and that a
judgment on the award may be entered in any court of competent jurisdiction.
Notwithstanding the provisions of the Dispute Resolution Policy, however, the
parties specifically agree that any mediation or arbitration required by this
paragraph shall take place at the offices of the American Arbitration
Association located in the metropolitan Detroit area or such other location in
the metropolitan Detroit area as the parties might agree. The provisions of this
paragraph: (a) shall survive the termination or expiration of this Agreement,
(b) shall be binding upon the Company's and your respective successors, heirs,
personal representatives, designated beneficiaries and any other person
asserting a claim based upon the Agreement, (c) shall supersede the provisions
of any prior agreement between you and the Company or its subsidiaries or
affiliated companies with respect to any of the Company's option, restricted
stock or other stock-based incentive plans to the extent the provisions of such
other agreement requires arbitration between you and your employer, and (d) may
not be modified without the consent of the Company. Subject to the exception set
forth above, you and the Company acknowledge that neither of us nor any other
person asserting a claim described above has the right to resort to any federal,
state or local court or administrative agency concerning any such claim and the
decision of the arbitrator shall be a complete defense to any action or
proceeding instituted in any tribunal or agency with respect to any dispute.

      The Agreement shall be governed by and interpreted in accordance with
Michigan law.<PAGE>

                                                                    Exhibit 10.2

                                                      PLEASE RETURN THE ENCLOSED
                                                      COPY AFTER YOU HAVE SIGNED
                                                      AND PROVIDED THE REQUESTED
                                                      INFORMATION; PLEASE RETAIN
                                                                    THE ORIGINAL

                                     [Date]

[Name]
[Address1]
[Address2]
[Address3]
[Address4]

Dear [Salutation]:

      On behalf of the Company, I am pleased to inform you that on [date] the
Organization and Compensation Committee of the Board of Directors granted you a
non-qualified stock option pursuant to the Company's 2005 Long Term Stock
Incentive Plan (the "Plan"), subject to the conditions set forth below and in
the Appendix attached hereto. This letter and attached Appendix (the
"Agreement") state the terms of the option and contain other provisions which on
your acceptance commit the Company and you, so I urge you to read them
carefully. You should also read the copies of the Plan and the Prospectus which
accompany this Agreement.

      For purposes of this Agreement, use of the words "employment" or
"employed" shall be deemed to refer to employment by the Company and its
subsidiaries and unless otherwise stated shall not include employment by an
"Affiliate" (as defined in the Plan) which is not a subsidiary of the Company
unless the Committee so determines at the time such employment commences.

      This option, if accepted by you, grants you the right to purchase [no. of
shares] shares of Company Common Stock, $1.00 par value, at a price of [$____]
per share, which the Committee has determined is the fair market value of a
share of Company Common Stock on the date of grant.

WHEN THE OPTION IS EXERCISABLE AND TERMINATION

      This option is exercisable cumulatively in installments in the following
manner:

<PAGE>

                                  Page 2

                                                                          [Date]

20% of such shares 1 year after [date]
20% "  "    "      2 years after "  "  "
20% "  "    "      3 years after "  "  "
20% "  "    "      4 years after "  "  "
20% "  "    "      5 years after "  "  "  but
                   no later than [date]

provided that, subject to the last sentence of this paragraph, on each date of
exercise you qualify under the provisions of the Plan, including Section 6(a),
subparagraph (ii) (E), to exercise such option. All installments of the option
as above described must be exercised no later than [expiration date]; all
unexercised installments or portions thereof shall lapse and the right to
purchase shares pursuant to this option shall be of no further effect after such
date. If during the option exercise periods your employment is terminated for
any reason, the option shall terminate in accordance with Section 6 of the Plan.

      Enclosed please find, to the extent our records indicate you may not have
previously received them, (i) the Company's latest annual report and proxy
statement, (ii) Prospectus dated [date] covering the shares which are the
subject of this option, and (iii) a copy of the Plan. Copies are also available
upon request to the Company. We suggest that you review each of these documents.
The federal income tax attributes of non-qualified stock options are discussed
in the Prospectus. This option does not qualify for the federal tax benefits of
an "incentive stock option" under the Internal Revenue Code.

      Your acceptance of this option will acknowledge that you have read all of
the terms and conditions set forth herein and in the attached Appendix and will
evidence your agreement to all of such terms and conditions and to the
incorporation of the Appendix as part of this Agreement.

<PAGE>

                                  Page 3

                                                                          [Date]

      Please complete your mailing address and Social Security number as
indicated below and sign, date and return one copy of this option agreement to
Eugene A. Gargaro, Jr., our Vice President and Secretary, as soon as possible in
order that this option grant may become effective.

                                        Very truly yours,

                                        MASCO CORPORATION

                                        Richard A. Manoogian
                                        Chairman of the Board
                                        and Chief Executive Officer

I accept and agree to all of the foregoing terms and conditions and the terms
and conditions contained in the attached Appendix.

                                        ________________________________________
                                        (Signature of Recipient)

                                        ________________________________________

                                        ________________________________________
                                        (Mailing Address)

                                        ________________________________________
                                        (Social Security Number)

                                        Dated: _________________________________

<PAGE>

                          APPENDIX TO OPTION AGREEMENT

      Masco Corporation (the "Company") and you agree that all of the terms and
conditions of the grant of the option (the "Option") contained in the foregoing
letter agreement into which this Appendix is incorporated (the "Agreement") are
reflected in the Agreement and in the 2005 Long Term Stock Incentive Plan (the
"Plan"), and that there are no other commitments or understandings currently
outstanding with respect to any other grants of options, restricted stock,
phantom stock or stock appreciation rights except as may be evidenced by
agreements duly executed by you and the Company.

      By signing the Agreement you acknowledge acceptance of the Option and
receipt of the documents referred to in the Agreement and represent that you
have read the Plan, are familiar with its provisions, and agree to its
incorporation in the Agreement and all of the other terms and conditions of the
Agreement. Such acceptance, moreover, evidences your agreement promptly to
provide such information with respect to shares acquired pursuant to the Option,
as may be requested by the Company or any of its subsidiaries or affiliated
companies.

      If your employment with the Company or any of its subsidiaries is
terminated for any reason, other than death, permanent and total disability,
retirement on or after normal retirement date or the sale or other disposition
of the business or subsidiary employing you, and other than termination of
employment in connection with a Change in Control, and if any installments of
the Option or any restoration options granted upon any exercise of the Option
became exercisable within the two year period prior to the date of such
termination (such installments and restoration options being referred to as the
"Subject Options"), by accepting the Option you agree that the following
provisions will apply:

      (1)   Upon the demand of the Company you will pay to the Company in cash
            within 30 days after the date of such termination the amount of
            income realized for income tax purposes from the exercise of any
            Subject Options, net of all federal, state and other taxes payable
            on the amount of such income, plus all costs and expenses of the
            Company in any effort to enforce its rights hereunder; and

      (2)   Any right you would otherwise have, pursuant to the terms of the
            Plan and this Agreement, to exercise any Subject Options on or after
            the date of such termination, shall be extinguished as of the date
            of such termination.

The Company shall have the right to set off or withhold any amount owed to you
by the Company or any of its subsidiaries or affiliates for any amount owed to
the Company by you hereunder.

      In addition you agree, in consideration for the grant of the Option and
regardless of whether the Option becomes exercisable or is exercised, while you
are employed or retained as a consultant by the Company or any of its
subsidiaries and for a period of one year following any termination of your
employment and, if applicable, any consulting relationship with the Company or
any of its subsidiaries other than a termination in connection with a Change in
Control, not to engage in, and not to become associated in a "Prohibited
Capacity" (as hereinafter defined) with any other entity engaged in, any
"Business Activities" (as hereinafter defined) and not to encourage or assist
others in encouraging any employee of the Company or any of its subsidiaries to
terminate employment or to become engaged in any such Prohibited Capacity with
an entity engaged in any Business Activities. "Business Activities" shall mean
the design, development, manufacture, sale, marketing or servicing of any
product or providing of services competitive with the products or services of
(x) the Company or any subsidiary if you are employed by or consulting with the
Company at any time the Option is outstanding, or (y) the subsidiary employing
or retaining you at any time while the Option is outstanding, to the extent such
competitive products or services are distributed

<PAGE>

or provided either (1) in the same geographic area as are such products or
services of the Company or any of its subsidiaries, or (2) to any of the same
customers as such products or services of the Company or any of its subsidiaries
are distributed or provided. "Prohibited Capacity" shall mean being associated
with an entity as an employee, consultant, investor or another capacity where
(1) confidential business information of the Company or any of its subsidiaries
could be used in fulfilling any of your duties or responsibilities with such
other entity, (2) any of your duties or responsibilities are similar to or
include any of those you had while employed or retained as a consultant by the
Company or any of its subsidiaries, or (3) an investment by you in such other
entity represents more than 1% of such other entity's capital stock, partnership
or other ownership interests.

      Should you either breach or challenge in judicial or arbitration
proceedings the validity of any of the restrictions contained in the preceding
paragraph, by accepting the Option you agree, independent of any equitable or
legal remedies that the Company may have and without limiting the Company's
right to any other equitable or legal remedies, to pay to the Company in cash
immediately upon the demand of the Company (1) the amount of income realized for
income tax purposes from the exercise of any portion of the Option, net of all
federal, state and other taxes payable on the amount of such income (and reduced
by any amount already paid to the Company under the second preceding paragraph),
but only to the extent such exercises occurred on or after your termination of
employment or, if applicable, any consulting relationship with the Company or
its subsidiary or within the two year period prior to the date of such
termination, plus (2) all costs and expenses of the Company in any effort to
enforce its rights under this or the preceding paragraph. The Company shall have
the right to set off or withhold any amount owed to you by the Company or any of
its subsidiaries or affiliates for any amount owed to the Company by you
hereunder.

      By accepting the Option you: (a) agree to comply with the requirements of
applicable federal and other laws with respect to withholding or providing for
the payment of required taxes; (b) acknowledge that (1) all of your rights to
the Option are embodied in the Agreement and in the Plan, (2) the grant and
acceptance of the Option does not imply any commitment by the Company, a
subsidiary or affiliated company to your continued employment or consulting
relationship, and (3) your employment status is that of an employee-at-will and
in particular that the Company, its subsidiary or affiliated company has a
continuing right with or without cause (unless otherwise specifically agreed to
in writing executed by you and the Company) to terminate your employment or
other relationship at any time; and (c) agree not to terminate voluntarily your
current employment (or consulting arrangement, if applicable) for at least one
year from the date of grant unless you have already agreed in writing to a
longer period.

      Section 3 of the Plan provides, in part, that the Committee appointed by
the Company's Board of Directors to administer the Plan shall have the authority
to interpret the Plan and award agreements, and decide all questions and settle
all controversies and disputes relating thereto. It further provides that the
determinations, interpretations and decisions of the Committee are within its
sole discretion and are final, conclusive and binding on all persons. In
addition, you and the Company agree that if for any reason a claim is asserted
against the Company or any of its subsidiaries or affiliated companies or any
officer, employee or agent of the foregoing which (1) is within the scope of the
Dispute Resolution Policy (the terms of which are incorporated herein); (2)
subverts the provisions of Section 3 of the Plan; or (3) involves any of the
provisions of the Agreement or the Plan or the provisions of any other option
agreements relating to Company Common Stock or restricted stock awards or other
agreements relating to Company Common Stock or the claims of yourself or any
persons to the benefits thereof, in order to provide a more speedy and
economical resolution, the Dispute Resolution Policy shall be the sole and
exclusive remedy to resolve all disputes, claims or controversies which are set
forth above, except as otherwise agreed in writing by you and the Company or a
subsidiary of the Company. It is our mutual intention that any arbitration award
entered under the Dispute Resolution Policy will be final and binding and that a
judgment on the award may be entered in any court of competent jurisdiction.
Notwithstanding the provisions of the Dispute Resolution Policy, however, the
parties specifically agree that any mediation or arbitration required by this
paragraph

<PAGE>

shall take place at the offices of the American Arbitration Association located
in the metropolitan Detroit area or such other location in the metropolitan
Detroit area as the parties might agree. The provisions of this paragraph: (a)
shall survive the termination or expiration of this Agreement, (b) shall be
binding upon the Company's and your respective successors, heirs, personal
representatives, designated beneficiaries and any other person asserting a claim
based upon the Agreement, (c) shall supersede the provisions of any prior
agreement between you and the Company or its subsidiaries or affiliated
companies with respect to any of the Company's option, restricted stock or other
stock-based incentive plans to the extent the provisions of such other agreement
requires arbitration between you and the Company or one of its subsidiaries, and
(d) may not be modified without the consent of the Company. Subject to the
exception set forth above, you and the Company acknowledge that neither of us
nor any other person asserting a claim described above has the right to resort
to any federal, state or local court or administrative agency concerning any
such claim and the decision of the arbitrator shall be a complete defense to any
action or proceeding instituted in any tribunal or agency with respect to any
dispute.

      The Agreement shall be governed by and interpreted in accordance with
Michigan law.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00088-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00088-of-00352.parquet"}]]