Document:

EXHIBIT
10(ii)(a)

AMENDMENT
to
 THE STANLEY WORKS 1988
LONG-TERM STOCK INCENTIVE PLAN

Pursuant to resolutions
adopted by the Board of Directors of The Stanley Works on
December  17, 2003, THE STANLEY WORKS 1988 LONG-TERM STOCK
INCENTIVE PLAN is hereby amended as follows, effective December 17,
2003:

Section 13 is deleted and replaced with the
following:

		
	13. 	DEFINITION OF CHANGE
IN CONTROL

A.    For purposes of this
Plan, a "Change in Control of the Company"
shall be deemed to have occurred if the event set forth in any one of
the following paragraphs shall have occurred:

(I)    Any Person, as hereinafter defined, is
or becomes the Beneficial Owner, as hereinafter defined, directly or
indirectly, of securities of the Company, as hereinafter defined (not
including in the securities beneficially owned by such Person any
securities acquired directly from the Company or its Affiliates, as
hereinafter defined) representing 25% or more of the combined
voting power of the Company's then outstanding securities,
excluding any Person who becomes such a Beneficial Owner in connection
with a transaction described in clause (i) of paragraph (III) below;
or

(II)    the following individuals cease
for any reason to constitute a majority of the number of directors then
serving: individuals who, on the date hereof, constitute the Board of
Directors and any new director (other than a director whose initial
assumption of office is in connection with an actual or threatened
election contest, including but not limited to a consent solicitation,
relating to the election of directors of the Company) whose appointment
or election by the Board of Directors or nomination for election by the
Company's stockholders was approved or recommended by a vote of
at least two-thirds (2/3) of the directors then still in office who
either were directors December 17, 2003 or whose appointment, election
or nomination for election was previously so approved or recommended;
or

(III)    there is consummated a merger
or consolidation of the Company or any direct or indirect subsidiary of
the Company with any other corporation or other entity, other than
(i)  a merger or consolidation which results in the voting
securities of the Company outstanding immediately prior to such merger
or consolidation continuing to represent (either by remaining
outstanding or by being converted into voting securities of the
surviving entity or any parent thereof) at least 50% of the
combined voting power of the securities of the Company or such
surviving entity or any parent thereof outstanding immediately after
such merger or consolidation or (ii) a merger or consolidation effected
to implement a recapitalization of the Company (or similar transaction)
in which no Person is or becomes the Beneficial Owner, directly or
indirectly, of securities of the Company (not including in the
securities Beneficially Owned by such Person any securities acquired
directly from the Company or its Affiliates) representing 25% or
more of the combined voting power of the Company's then
outstanding securities; or

(IV)    the
stockholders of the Company approve a plan of complete liquidation or
dissolution of the Company or there is consummated an agreement for the
sale or disposition by the Company of all or substantially all of the
Company's assets, other than a sale or disposition by the Company
of all or substantially all of the Company's assets to an entity,
at least 50% of the combined voting power of the voting
securities of which are owned by stockholders of the Company in
substantially the same proportions as their ownership of the Company
immediately prior to such sale.

B.    Solely for
purposes of this Section 13, and notwithstanding anything to the
contrary in any other provision of this Plan, the following terms shall
have the meanings indicated
below:

		
	1. 	"Affiliate"
shall have the meaning set forth in Rule 12b-2 promulgated under
Section 12 of the Exchange
Act.

		
	2. 	"Beneficial
Owner" shall have the meaning set forth in Rule 13d-3
under the Exchange
Act.

		
	3. 	"Company"
shall mean The Stanley
Works.

		
	4. 	"Exchange
Act" shall mean the Securities Exchange Act of 1934, as
amended from time to
time.

		
	5. 	"Person"
shall have the meaning given in Section 3(a)(9) of the Exchange Act, as
modified and used in Sections 13(d) and 14(d) thereof, except that such
term shall not include (i) the Company or any of its subsidiaries, (ii)
a trustee or other fiduciary holding securities under an employee
benefit plan of the Company or any of its Affiliates, (iii) an
underwriter temporarily holding securities pursuant to an offering of
such securities, or (iv) a corporation owned, directly or indirectly,
by the shareholders of the Company in substantially the same
proportions as their ownership of stock of the Company.

	
			
	

		Mark
J. Mathieu
 Vice President, Human
ResourcesEXHIBIT
10(iii)(a)

AMENDMENT
 to
MANAGEMENT INCENTIVE
COMPENSATION PLAN

Pursuant to resolutions adopted by the Board
of Directors of The Stanley Works on December  17, 2003, the
MANAGEMENT INCENTIVE COMPENSATION PLAN is hereby amended as follows,
effective December 17, 2003:

Section IV is deleted and replaced
with the following:

IV.    Definition of Change in
Control

			
		A. 	For purposes of this Plan, a
"Change in Control" shall be deemed to have
occurred if the event set forth in any one of the following paragraphs
shall have occurred:

			
		(I) 	any Person,
as hereinafter defined, is or becomes the Beneficial Owner, as
hereinafter defined, directly or indirectly, of securities of the
Company (not including in the securities beneficially owned by such
Person any securities acquired directly from the Company or its
Affiliates, as hereinafter defined) representing 25% or more of
the combined voting power of the Company's then outstanding
securities, excluding any Person who becomes such a Beneficial Owner in
connection with a transaction described in clause (i) of paragraph
(III) below; or

			
		(II) 	the following
individuals cease for any reason to constitute a majority of the number
of directors then serving: individuals who, on the date hereof,
constitute the Board, as hereinafter defined, and any new director
(other than a director whose initial assumption of office is in
connection with an actual or threatened election contest, including but
not limited to a consent solicitation, relating to the election of
directors of the Company) whose appointment or election by the Board or
nomination for election by the Company's shareholders was
approved or recommended by a vote of at least two-thirds (2/3) of the
directors then still in office who either were directors on December
17, 2003 or whose appointment, election or nomination for election was
previously approved or recommended; or

			
		(III) 	there is consummated a merger or
consolidation of the Company or any direct or indirect subsidiary of
the Company with any other corporation or other entity, other than (i)
a merger or consolidation which results in the voting securities of the
Company outstanding immediately prior to such merger or consolidation
continuing to represent (either by remaining outstanding or by being
converted into voting securities of the surviving entity or any parent
thereof) at least 50% of the combined voting power of the
securities of the Company or such surviving entity or any parent
thereof outstanding immediately after such merger or consolidation, or
(ii) a merger or consolidation effected to implement a recapitalization
of the Company (or similar transaction) in which no Person is or
becomes the Beneficial Owner, directly or indirectly, of securities of
the Company (not including in the securities Beneficially Owned by such
Person any securities acquired directly from the Company or its
Affiliates) representing 25% or more of the combined voting
power of the Company's then outstanding securities; or

			
		(IV) 	the shareholders of the Company
approve a plan of complete liquidation or dissolution of the Company or
there is consummated an agreement for the sale or disposition by the
Company of all or substantially all of the Company's assets,
other than a sale or disposition by the Company of all or substantially
all of the Company's assets to an entity, at least 50% of
the combined voting power of the voting securities of which are owned
by shareholders of the Company in substantially the same proportions as
their ownership of the Company immediately prior to such
sale.

			
		B. 	Solely for purposes of
this Section IV, and notwithstanding anything to the contrary in any
other provision of this Plan, the following terms shall have the
meanings indicated
below:

			
		1. 	"Affiliate"
shall have the meaning set forth in Rule 12b-2 promulgated under
Section 12 of the Exchange
Act.

			
		2. 	"Beneficial
Owner" shall have the meaning set forth in Rule 13d-3
under the Exchange
Act.

			
		3. 	"Board" shall
mean the Board of Directors of The Stanley
Works.

			
		4. 	"Exchange
Act" shall mean the Securities Exchange Act of 1934, as
amended from time to
time.

			
		5. 	"Person"
shall have the meaning given in Section 3(a)(9) of the Exchange Act, as
modified and used in Sections 13(d) and 14(d) thereof, except that such
term shall not include (i) the Company or any of its subsidiaries, (ii)
a trustee or other fiduciary holding securities under an employee
benefit plan of the Company or any of its Affiliates, (iii) an
underwriter temporarily holding securities pursuant to an offering of
such securities, or (iv) a corporation owned, directly or indirectly,
by the shareholders of the Company in substantially the same
proportions as their ownership of stock of the Company.

	
			
	

		Mark J. Mathieu
 Vice
President, Human Resources

2EXHIBIT
10(iv)

THE STANLEY WORKS

Deferred Compensation
Plan for Participants

in Stanley's Management Incentive
Plans

1.    Purpose of the Plan.

			
		a. 	To offer to certain participants
in Stanley's management incentive plans an opportunity to defer
the receipt of incentive earnings for tax or other reasons suited to
the participant's own financial plans.

			
		b. 	To provide an opportunity to
participants to reinvest their incentive earnings in The Stanley Works
("Company" or
"Stanley") under terms which will provide a
return related to the future earnings performance of the Company.

			
		c. 	To provide an incentive to
participants, supplementing that of the management incentive plans, for
the achievement of superior earnings performance by the Company.

2.    Eligibility.

			
		a. 	All participants in
Stanley's management incentive plans who are "highly
compensated employees" are eligible to participate in this
Plan. A "highly compensated employee" is an
employee who, for the year for which an election is made under this
Plan, is a highly compensated employee, as defined in Section 414(q) of
the Internal Revenue Code of 1986, as amended. Such definition is based
on W-2 income (including amounts deferred under Section 125 or 401(k)
of the Internal Revenue Code) during the calendar year immediately
preceding the year for which an election is made exceeding the indexed
amount [$90,000 for 2003] described in Section 414(q)(1)(B)
of the Internal Revenue Code for such preceding calendar year.

			
		b. 	This Plan is applicable only to
incentive earnings earned under the management incentive plans.

3.    Election by Participant.

			
		a. 	The election (the
"original election") by the participant must
be made in December (or such later date determined by the administrator
of this Plan, but not later than the March 31 following such December)
of each year with respect to deferral of incentive earnings earned the
following year. All or any portion, or none, of the incentive earnings
may be deferred.

			
		b. 	The original
election must specify when or under what circumstances payment is to be
made in the future and whether by lump sum or in a series of payments;
the circumstances that may be specified are limited to death,
retirement, or termination of employment. Effective with original
elections made on or after January 1, 1996, if the election specifies
that payment is to be made in a year certain (as opposed to a year
related to death, retirement, or termination of employment) such year
certain must be at least five years after the year the incentive
earnings are earned.

			
		c. 	In the
case of any original election made after February 25, 1981,
notwithstanding the specifics of the election, any deferred funds and
interest thereon not paid out prior to the later of the
participant's death or the tenth anniversary of the
participant's termination of employment by death, retirement or
otherwise will be paid out promptly after the later of such death or
such anniversary.

			
		d. 	Effective
October 1, 1996, once made an election (either an original election or
a subsequent election) may not be changed to delay the receipt of
incentive earnings to a year certain (as opposed to a delay to a year
related to death, retirement, or termination of employment) unless such
year certain is at least five years after the year in which such change
is being submitted.

			
		e. 	Once
made, an election may not be changed either in amount or method of
payment to accelerate the receipt of incentive earnings, except (i)
with the approval of the Compensation and Organization Committee of
Stanley's Board of Directors upon demonstration of a financial
hardship by the participant, or (ii) upon forfeiture of a penalty equal
to that percentage of the amount of the payment equal to the Treasury
Bill rate fixed by the Treasurer as provided in the footnote on page 4,
but in no event less than 10%.

4.    Interest Payment Schedule.

			
		a(i). 	Interest will be credited
annually on deferred amounts of incentive earnings earned prior to 1992
based on the following schedule:

							
	If
"Pretax Earnings" on
opening
Stockholders'
equity are		Interest Credited
on
Deferred Funds
will be:
	Less
than 10%		-0-
	10 to
12		5%
	12 to
14		6-1/2
	14 to
16		8-1/4
	16 to
18		10-1/2
	18 to
20		13-1/2
	20% and
over		17a
	

			
		   	"Pretax
earnings" will be Earnings Before Income Taxes as shown in
the Annual Report to Stockholders except that such Earnings Before
Income Taxes will be increased by an amount equal to aggregate
management incentive compensation.

			
		a(ii). 	Interest will be credited
annually on deferred amounts of incentive earned based on performance
in the years 1992-1994 based on the following schedule.

							
	If
"Net Earnings"
on
Stockholders'
Equity" are		Interest
Credited
on Deferred Funds
will
be:
	Less than 9%		8%
	9 to
18		12
	Over 18		16b
	

"Net Earnings" will be
consolidated full year's net earnings and
"Stockholders' Equity" is the average
of the opening and closing consolidated stockholders' equity, in
each case as shown in the Annual Report to stockholders.

			
		a(iii). 	Interest will be credited
annually on deferred amounts of incentive earned based on performance
in 1995 or thereafter with interest compounded quarterly at a rate
equal to 1 percentage point greater than the yield of 10 year Treasury
Notes as reported for the last business day of the preceding calendar
quarter.

			
		b. 	Deferred incentive
earnings earned in a given year will be credited to the
participant's deferred account in February of the following year.
Each February thereafter interest will be credited on the total
deferred balance in the account, as of the beginning of the year, based
on the Company's earnings performance for the prior year, per the
schedule above.

5.    Removal of Funds from the
Plan.

			
		a. 	Deferred funds
credited to a participant will be removed from the Deferred
Compensation Plan in the event of:

	

	a	For
1981 and thereafter: the higher of 17%, or the U.S. Treasury
Bill rate, compounded quarterly, all as provided in footnote
c.

	b	The
higher of 16% or the U.S. Treasury Bill rate, compounded
quarterly, all as provided in footnote c.

- death,
 - retirement, or

- termination of employment,

			
		    	provided that in the event of
death or retirement interest earned under the Plan will be credited to
the participant's deferred account on a pro rata basis from the
beginning of the year to the date of death or retirement.

			
		b. 	Terminations and retirements will
be as defined under the Retirement Plan for Salaried Employees of The
Stanley Works.

			
		c. 	For periods
after December 31, 1987, such deferred funds removed from the Plan will
be credited by the Company with interest compounded quarterly at a rate
equal to the yield of 5 year Treasury
Notesc
as reported for the last business day of the preceding calendar
quarter.

6.    General.

			
		    	Interest credited on deferred
funds under the Plan will not constitute earnings for pension plan
purposes.

7.    Definition of Change in
Control

			
		a. 	For purposes of
this Plan, a "Change in Control of the
Company" shall be deemed to have occurred if the event set
forth in any one of the following paragraphs shall have occurred:

			
		(I) 	any Person, as hereinafter
defined, is or becomes the Beneficial Owner, as hereinafter defined,
directly or indirectly, of securities of the Company (not including in
the securities beneficially owned by such Person any securities
acquired directly from the Company or its Affiliates, as hereinafter
defined) representing 25% or more of the combined voting power
of the Company's then outstanding securities, excluding any
Person who becomes such a Beneficial Owner in connection with a
transaction described in clause (i) of paragraph (III) below; or

			
		(II) 	the following individuals cease
for any reason to constitute a majority of the number of directors then
serving: individuals who, on the date hereof, constitute the Board, as
hereinafter defined, and any new director (other than a director whose
initial assumption of office is in connection with an actual or
threatened election contest, including but not limited to a consent
solicitation, relating to the election of directors of the Company)
whose appointment or election by the Board or nomination for election
by the Company's stockholders was approved or recommended by a
vote of at least two-thirds (2/3) of the directors then still in office
who either were directors on December 17, 2003 or whose appointment,
election or nomination for election was previously so approved or
recommended; or

			
		(III) 	there is
consummated a merger or consolidation of the Company or any direct or
indirect subsidiary of the Company with any other corporation or other
entity, other than (i) a merger or consolidation which results in the
voting securities of the Company outstanding immediately prior to such
merger or consolidation continuing to represent (either by remaining
outstanding or by being converted into voting securities of the
surviving entity or any parent thereof) at least 50% of the
combined voting power of the voting securities of the Company or such
surviving entity or any parent thereof outstanding immediately after
such merger or consolidation, or (ii) a merger or consolidation
effected to implement a recapitalization of the Company (or similar
transaction) in which no Person is or 

	

	c	The
"U.S. Treasury Bill rate" referred to
elsewhere shall be that interest rate equal to the yield for 3-month
U.S. Treasury Bills as reported for the last business day of the
preceding calendar quarter.

			
		 	
becomes the Beneficial Owner, directly or
indirectly, of securities of the Company (not including in the
securities Beneficially Owned by such Person any securities acquired
directly from the Company or its Affiliates) representing 25% or
more of the combined voting power of the Company's then
outstanding securities; or

			
		(IV) 	the stockholders of the Company
approve a plan of complete liquidation or dissolution of the Company or
there is consummated an agreement for the sale or disposition by the
Company of all or substantially all of the Company's assets,
other than a sale or disposition by the Company of all or substantially
all of the Company's assets to an entity, at least 50% of
the combined voting power of the voting securities of which are owned
by stockholders of the Company in substantially the same proportions as
their ownership of the Company immediately prior to such sale.

			
		b. 	Solely for purposes of this
Section 7, and notwithstanding anything to the contrary in any other
provision of this Plan, the following terms shall have the meanings
indicated
below:

			
		1. 	"Affiliates"
shall have the meaning set forth in Rule 12b-2 promulgated under
Section 12 of the Exchange
Act.

			
		2. 	"Beneficial
Owner" shall have the meaning set forth in Rule 13d-3
under the Exchange
Act.

			
		3. 	"Board"
shall mean the Board of Directors of The Stanley
Works.

			
		4. 	"Exchange
Act" shall mean the Securities Exchange Act of 1934, as
amended from time to
time.

			
		5. 	"Person"
shall have the meaning given in Section 3(a)(9) of the Exchange Act, as
modified and used in Sections 13(d) and 14(d) thereof, except that such
term shall not include (i) the Company or any of its subsidiaries, (ii)
a trustee or other fiduciary holding securities under an employee
benefit plan of the Company or any of its Affiliates, (iii) an
underwriter temporarily holding securities pursuant to an offering of
such securities, or (iv) a corporation owned, directly or indirectly,
by the stockholders of the Company in substantially the same
proportions as their ownership of stock of the Company.

8.    Accelerated Payment Following a Change in
Control.

Notwithstanding any of the preceding
provisions of this Plan, as soon as possible following any Change in
Control of the Company, payment shall be made, in cash, of the entire
account of each participant hereunder. For purposes of calculating the
amount of such payment, with respect to any period for which no
interest on the deferred balance has yet been credited to any such
participant's account under section 4 or section 5 hereof,
pro-rated interest based on the rate of interest credited for the
immediately preceding year (in the case of section 4 interest) or the
immediately preceding quarter (in the case of section 5 interest) shall
be credited to such account.

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