Document:

1Q12 Exhibit 10.2

Exhibit 10.2    

FORM OF 
BLACK BOX CORPORATION 
PERFORMANCE SHARE AWARD AGREEMENT
2008 LONG-TERM INCENTIVE PLAN

Employee:___________________________________________        

Number of [to be inserted] Performance Shares (as defined below) subject to the [to be inserted] (as defined below) Performance Element:_______________          

Number of [to be inserted] Performance Shares (as defined below) subject to the [to be inserted] (as defined below) Performance Element:_______________          

[Add or delete performance elements under the Plan (as defined below) as determined by the Compensation Committee (as defined below).]

Pursuant to the Black Box Corporation 2008 Long-Term Incentive Plan (the "Plan"), the Compensation Committee (the "Compensation Committee") of the Board of Directors (the "Board") of Black Box Corporation (the "Company") has granted to you the number of Performance Shares set forth above.  A "Performance Share" is a "Performance Grant" as defined in the Plan that represents a contingent right to receive common stock, $.001 par value ("Common Stock") of the Company, as described more fully herein, to the extent that such Performance Shares are earned and become payable pursuant to the terms of this Performance Share Award Agreement (this "Agreement") as set forth in Exhibit I hereto with respect to those Performance Shares subject to the [to be inserted] performance element (the "[to be inserted] Performance Shares") or as set forth in Exhibit II hereto with respect to those Performance Shares subject to the [to be inserted] performance element (the "[to be inserted] Performance Shares").  [Modify as needed for the performance criteria under the Plan as determined by the Compensation Committee.]  Performance Shares as initially awarded have no independent economic value, but rather are mere units of measurement used for the purpose of calculating the value of benefits, if any, to be paid under this Agreement.  Additional terms and conditions of this Award (as defined in the Plan) are set forth below. 

1.    Date of Grant.  This Award was granted to you on [to be inserted] (the "Grant Date").

2.    Vesting Provisions - Entitlement to Shares.  

(a)    Exhibit I attached hereto sets forth the performance conditions and other criteria for determining whether and to what extent the [to be inserted] Performance Shares will vest and result in your entitlement to shares of Common Stock under this Award with respect to your [to be inserted] Performance Shares.  

(b)    Exhibit II attached hereto sets forth the performance conditions and other criteria for determining whether and to what extent the [to be inserted] Performance Shares will vest and result in your entitlement to shares of Common Stock under this Award with respect to your [to be inserted] Performance Shares.  [Modify as needed for the performance criteria under the Plan as determined by the Compensation Committee.]

(c)    The number of shares of Common Stock issuable upon vesting of the Performance Shares under this Agreement is determined as set forth in Exhibit I and in Exhibit II [modify as needed for the performance criteria under the Plan as determined by the Compensation Committee], and such number of shares of Common Stock will be adjusted as set forth in the Plan.  The date on which the Committee (as defined in the Plan) certifies in writing whether and to what extent the applicable performance conditions and any other material terms of this Award have been achieved, and the number of shares of Common Stock, if any, to be issued, is the "Vesting Date."  For purposes of this provision, and for so long as the Internal Revenue Code of 1986, as amended (the "Code"), permits, the approved minutes of a meeting of the Committee in which the certification is made may be treated as written certification.  No shares of Common Stock will be issued if the applicable performance conditions have not been met.  

(d)    Except as otherwise provided herein, the shares of Common Stock to which you become entitled upon vesting of Performance Shares will be issued to you on the Vesting Date (or as soon as reasonably practicable thereafter, but in no event later than the 15th day of the third month following the Vesting Date, and in no event later than December 31 of the year in which the Performance Period (as defined in Exhibit I) ends), subject to your satisfaction of all applicable income and employment tax withholding.  Notwithstanding the foregoing or any provision of this Agreement or the Plan to the contrary, the delivery of any shares of Common Stock upon vesting of any Performance Shares shall be delayed until six (6) months after your Separation 

Exhibit 10.2    

from Service (as defined in the Plan) to the extent required by Section 409A ("Section 409A") of the Code.

(e)    You will not have any stockholder rights, including, but not limited to, voting rights or dividend rights, with respect to the shares of Common Stock subject to this Award until you become the record holder of the shares of Common Stock following their actual issuance to you.

3.    Taxes and Withholding.  You acknowledge that any amounts recognized for federal, state, local or foreign tax purposes, including payroll taxes, on account of the vesting of Performance Shares and/or issuance of the shares of Common Stock to you may be subject to tax withholding by the Company or any parent, subsidiary or affiliate of the Company by whom you are employed (such entities hereinafter referred to as the "BB Group").  Your minimum statutory tax withholding obligations, if any, on account of the vesting of Performance Shares and/or issuance of shares of Common Stock will be satisfied by the Company withholding from the shares of Common Stock to be issued to you a sufficient number of whole shares of Common Stock distributable in connection with this Award equal to the applicable minimum statutory tax withholding obligation.  Notwithstanding any provision herein to the contrary, in the event that this Award becomes subject to taxes under the Federal Insurance Contributions Act ("FICA") or similar taxes before the shares of Common Stock under the Award would otherwise be issued, the Company shall issue to you a sufficient number of whole shares of Common Stock under this Award that does not exceed the applicable minimum statutory tax withholding obligation with respect to such FICA taxes and any federal, state or local income taxes that may apply as a result of such accelerated issuance of shares of Common Stock and the Company shall withhold such shares of Common Stock to satisfy such FICA and any related income tax liability;  provided, however, that any such accelerated issuance of shares of Common Stock shall be made only to the extent permitted under Treas. Reg. § 1.409A-3(j)(4)(vi).  In the event that you do not make tax payments when required, the Company may refuse to issue or cause to be delivered any shares of Common Stock under this Agreement until such payment has been made or arrangements for such payment satisfactory to the Company have been made.  In connection with the foregoing, the number of whole shares of Common Stock that are to be withheld shall not exceed the amount of the minimum statutory tax withholding obligations and any shortfall in the amount required to be withheld shall be paid by check by you or shall be withheld from your pay.  In determining the amount of taxes owed upon vesting and/or delivery of shares of Common Stock under this Award and the number of shares to be withheld, the Company shall utilize the "Fair Market Value" of the shares of Common Stock as defined in the Plan except that, if the shares of Common Stock are listed on any established stock exchange, system or market, the Fair Market Value as of any given date of determination shall be the closing market price of the shares of Common Stock as quoted in such exchange, system or market on the closest preceding date to such date of determination on which the shares of Common Stock were traded and, except further that, if applicable tax law requires that a different method be utilized for determining the amount of taxes owed upon vesting and/or delivery of shares of Common Stock under this Award and the number of shares to be withheld, the Company shall utilize such required method.  

4.    Restriction on Transfer and Forfeiture of Unvested Performance Shares.

(a)    None of the Performance Shares issued pursuant to this Agreement may be assigned or transferred, hypothecated or encumbered, in whole or in part, either directly or by operation of law or otherwise, including, but not limited to, by execution, levy, garnishment, attachment, pledge, bankruptcy or in any other manner; provided, however, the Committee may permit a transfer to a Permitted Transferee (as defined in the Plan).  

(b)    Except as set forth in this Section 4, effective on the date you experience a Separation from Service other than as a result of your death, disability (as defined in the Plan) or retirement (at such age or upon such conditions as shall be specified by the Board), including, but not limited to, as a result of your voluntary termination or involuntary termination (with or without cause), any unvested Performance Shares shall be automatically null and void and shall be forfeited to the Company at the time of your Separation from Service and without any further obligation on the part of the Company.

(c)    In the event of a change-in-control (as defined in the Plan) prior to the conclusion of the Performance Period, you will be entitled to receive, immediately prior to the consummation of the change-in-control, one (1) share of Common Stock for each Performance Share.  In the event of a change-in-control after the conclusion of the Performance Period and prior to the issuance of any shares of Common Stock under this Agreement, you will be entitled to receive, immediately prior to the consummation of the change-in-control, the number of shares of Common Stock determined in accordance with Exhibit I and Exhibit II.  [Modify as needed for the performance criteria under the Plan as determined by the Compensation Committee.]

(d)    If you experience a Separation from Service as a result of your death, disability or retirement, you shall be entitled to a prorated portion of the shares of Common Stock, if any, to which you otherwise would be entitled pursuant to the Performance Shares granted to you under this Agreement, determined after completion of the Performance Period and based on the achievement of the applicable performance conditions, and then prorated based on the ratio of the number of complete months that you were employed during the Performance Period to the total number of months in the Performance Period.  Any payments due to you in the event of your death will be paid to your estate as provided herein after completion of the Performance Period.

Exhibit 10.2    

5.    Amendment, Modification, Termination and Adjustment.  The Committee may amend, modify or terminate this Agreement in accordance with the terms and conditions of the Plan.  Adjustments to this Agreement may be made in accordance with the terms and conditions of the Plan.  

6.    Continuation of Employment.  Neither the Plan nor this Agreement shall confer upon you any right to continue in the employ of the BB Group, or limit in any respect the right of the BB Group to terminate your employment at any time. 

7.    Plan Documents.  This Award is issued pursuant to and is subject to the provisions of the Plan.  This Agreement is qualified in its entirety by reference to the Plan itself, which is incorporated herein by reference, and a copy of which may be obtained from the office of the Company's General Counsel at any time.  In the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Agreement, the terms and conditions of the Plan shall prevail and control. 

8.    Section 409A.  This Award is intended to be excepted from coverage under Section 409A which deals with nonqualified deferred compensation, and shall be administered, interpreted and construed accordingly.  A payment shall be treated as made on the specified date of payment if such payment is made at such date or a later date in the same calendar year or, if later, by the 15th day of the third calendar month following the specified date of payment, as provided and in accordance with Treas. Reg. § 1.409A-3(d).  The Company may, in its sole discretion and without your consent, modify or amend the terms of this Agreement, impose conditions on the timing or effectiveness of the vesting of the Performance Shares or issuance of the shares of Common Stock upon vesting of the Performance Shares or take any other action the Company deems necessary or advisable to cause the Performance Shares to be excepted from Section 409A (or to comply therewith to the extent the Company determines it is not excepted).  Notwithstanding the foregoing, you recognize and acknowledge that Section 409A may impose upon you certain taxes or interest charges for which you are and shall remain solely responsible.  

Please acknowledge your acceptance and agreement to the terms of this Agreement by signing this Agreement in the space provided below and returning it promptly to the Company.  By signing this Agreement, you agree to all of the terms and conditions of this Award as described above and in the Plan.

Black Box Corporation

By:_________________________________________________    
    
    

I accept and agree to the terms of this Agreement as set forth herein.

            
Employee_____________________________________           Date________________________________________________EXHIBIT 10.1

ST. JUDE MEDICAL, INC.

NON-QUALIFIED STOCK OPTION AWARD

(2002 STOCK PLAN)

[Name and
Address of Optionee]

 [Social Security
Number of Optionee]

          THIS
CERTIFIES that St. Jude Medical, Inc. (the “Company”) has granted you an option
(the “Option”) to purchase shares (the “Option Shares”) of common stock, par
value $.10 per share, of the Company (the “Common Stock”) pursuant to the St.
Jude Medical, Inc. 2002 Stock Plan, as amended (the “Plan”), as follows:

	
  

 	
  

 
	
  

 	
 Grant Type:
      Non-Qualified Stock Option

 
	
  

 	
  

 
	
  

 	
 Grant Date:

 
	
  

 	
  

 
	
  

 	
 Exercise
 Price Per Share:

 
	
  

 	
  

 
	
  

 	
 Total Number
 of Option Shares:

 
	
  

 	
  

 
	
  

 	
 Expiration
 Date:

 

          The
Option is granted under and governed by the following terms and conditions and
the terms and conditions contained in the Plan. A copy of the Plan is available
upon request. Any capitalized terms not defined in this Award will have the
meaning set forth in the Plan.

	
  

 	
  

 	
  

 	
  

 
	
  

 	
 ST. JUDE MEDICAL, INC.

 	
  

 
	
  

 	
  

 	
  

 	
  

 
	
  

 	
 By:

 	
 ___________________________________

 	
  

 
	
  

 	
 Name:

 	
  

 
	
  

 	
 Title:

 	
  

 

TERMS
AND CONDITIONS OF NON-QUALIFIED STOCK OPTION AWARD

          1.          Vesting
and Term of Option.

          (a)         The
Option will become exercisable as to 25% of the Option Shares on each
anniversary of the Grant Date (stated on the first page of this Award),
commencing with the first anniversary of the Grant Date, unless the Option
terminates or the vesting accelerates as provided in this Award. Once the
Option has become exercisable for all or a portion of the Option Shares, it
will remain exercisable for all or such portion of the Option Shares, as the
case may be, until the Option expires or is terminated as provided in this
Award. The Option will expire on the Expiration Date (stated on the first page
of this Award), unless it is terminated prior to that time in accordance with
the terms and conditions of this Award.

          (b)         Notwithstanding
the vesting provision contained in Section 1(a) above, but subject to the other
terms and conditions set forth herein, from and after a Change of Control (as
hereinafter defined) the Option will become immediately exercisable in full. As
used herein, “Change of Control” shall mean any of the following events:

	
  

 	
  

 
	
  

 	
              (i)          the
 acquisition by any person, entity or “group,” within the meaning of Section
 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended (the
 “Exchange Act”), other than the Company or any of its Subsidiaries, or any
 employee benefit plan of the Company and/or one or more of its Subsidiaries,
 of beneficial ownership (within the meaning of Rule 13d-3 promulgated under
 the Exchange Act) of 35% or more of either the then outstanding shares of
 Common Stock or the combined voting power of the Company’s then outstanding
 voting securities in a transaction or series of transactions not approved in
 advance by a vote of at least three-quarters of the Continuing Directors (as
 hereinafter defined); or

 
	
  

 	
  

 
	
  

 	
              (ii)         individuals
 who, as of the Grant Date, constitute the Board of Directors of the Company
 (generally the “Directors” and as of the Grant Date the “Continuing
 Directors”) cease for any reason to constitute at least a majority thereof,
 provided that any person becoming a Director subsequent to the Grant Date
 whose nomination for election was approved in advance by a vote of at least
 three-quarters of the Continuing Directors (other than a nomination of an
 individual whose initial assumption of office is in connection with an actual
 or threatened solicitation with respect to the election or removal of the
 Directors of the Company, as such terms are used in Rule 14a-11 of Regulation
 14A under the Exchange Act) shall be deemed to be a Continuing Director; or

 
	
  

 	
  

 
	
  

 	
              (iii)         the
 consummation of a reorganization, merger, consolidation, liquidation or
 dissolution of the Company or of the sale (in one transaction or a series of
 related transactions) of all or substantially all of the assets of the
 Company other than a reorganization, merger, consolidation, liquidation,
 dissolution or sale approved in advance by a vote of at least three-quarters
 of the Continuing Directors; or

 

2

	
  

 	
  

 
	
  

 	
              (iv)         the
 first purchase under any tender offer or exchange offer (other than an offer
 by the Company or any of its Subsidiaries) pursuant to which shares of Common
 Stock are purchased; or

 
	
  

 	
  

 
	
  

 	
              (v)          at
 least a majority of the Continuing Directors determines in their sole
 discretion that there has been a change in control of the Company.

 

          3.          Effect
of Termination of Employment.

          (a)          If
your employment is terminated by reason of your death, the Option may be
exercised at any time within 12 months after the date of your death, to the
extent that the Option was exercisable by you on the date of death, by your
personal representatives or administrators or by any person or persons to whom
the Option has been transferred by will or the applicable laws of descent and
distribution, subject to the condition that the Option will not be exercisable
after the Expiration Date of the Option.

          (b)          If
your employment is terminated by reason of Disability, you may exercise the
Option at any time within 12 months after such termination of employment, to
the extent that the Option was exercisable by you on the date of such
termination, subject to the condition that the Option will not be exercisable
after the Expiration Date of the Option.

          (c)          If
your employment is terminated by reason of Retirement, you may exercise the
Option at any time within 36 months after such termination of employment, to
the extent that the Option was exercisable by you on the date of such
termination, subject to the condition that the Option will not be exercisable
after the Expiration Date of the Option.

          (d)          If
your employment is terminated for Cause, the Option will terminate immediately
upon termination of employment and will not be exercisable thereafter.

          (e)          If
your employment terminates for any reason other than your death, Disability,
Retirement or for Cause, you may exercise the Option at any time within 90 days
after the date of such termination of employment, to the extent that the Option
was exercisable by you on the date of such termination, subject to the
condition that the Option will not be exercisable after the Expiration Date of
the Option. However, if upon termination of your employment you become a
consultant to the Company pursuant to a written consulting agreement, then you
may continue to exercise the Option at any time until 90 days after the date of
termination of such consulting agreement to the extent the Option was
exercisable by you on the date of your termination of employment and subject to
the condition that the Option may not be exercised after the termination of the
Option.

          4.           Method
of Exercising Option.

          (a)          Subject
to the terms and conditions of this Award, the Option may be exercised by
written notice to the Company, to the attention of the Stock Option
Administrator at Corporate Headquarters. Such notice must state the election to
exercise the Option, the number of Option Shares as to which the Option is
being exercised and the manner of payment, and must be signed by the person or
persons so exercising the Option. The notice must be accompanied by payment in
full of the Exercise Price (stated on the first page of this Award) for all
Option Shares designated in
the notice. To the extent that the Option is exercised by a person or persons
other than you, the notice of exercise also must be accompanied by appropriate
proof of the right of such person or persons to exercise the Option.

3

          (b)         Payment
of the Exercise Price must be made to the Company through one or a combination
of the following methods:

	
  

 	
  

 
	
  

 	
              (i)          delivery
 of a check payable to the Company or cash, in United States currency;

 
	
  

 	
  

 
	
  

 	
              (ii)         delivery
 of shares of Common Stock acquired by you (or the other person(s) exercising
 the Option) more than six months prior to the date of exercise having a Fair
 Market Value on the date of exercise equal to the Exercise Price. You (or
 such other person(s)) must duly endorse all certificates delivered to the
 Company in blank and must represent and warrant in writing that you are the
 owner of the shares so delivered, free and clear of all liens, encumbrances,
 security interests and restrictions; or

 
	
  

 	
  

 
	
  

 	
              (iii)         delivery
 of a combination of cash or a check and Common Stock acquired by you (or the
 other person(s) exercising the Option) more than six months prior to the date
 of exercise having an aggregate Fair Market Value on the date of exercise
 equal to the Exercise Price.

 

          5.          Income
Tax Withholding.

          In
order to provide the Company with the opportunity to claim the benefit of any
income tax deduction that may be available to it upon the exercise of the
Option, and 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 minimum federal or state income, withholding,
social, payroll or other taxes, which are your sole and absolute
responsibility, are withheld or collected from you or the other person(s)
exercising the Option. You or such other person(s) exercising the Option may,
at your election (the “Tax Election”), satisfy the applicable minimum tax
withholding obligations by (a) electing to have the Company withhold a portion
of the Option Shares otherwise to be delivered upon exercise of the Option
having a Fair Market Value equal to the amount of such taxes or (b) delivering
to the Company shares of Common Stock having a Fair Market Value equal to the
amount of such taxes. The Tax Election must be made on or before the date that
the amount of tax to be withheld is determined.

          6.          Restriction
on Transfer or Sale of Option Shares.

          (a)        Each
time that all or a portion of the Option is exercised in accordance with the
terms and conditions of this Award, 50% of the Option Shares (after deducting
any Option Shares used or sold by you to pay the exercise price or to satisfy
the applicable minimum tax withholding obligations in connection with such
exercise, and rounded down to the nearest whole share) received by you from
such exercise shall be held by you for one year from the date of such exercise;
provided, however, the Committee, in its sole discretion, may waive such
restriction on transfer or sale on all or a portion of such Option Shares prior
to the expiration of such one-year period. Nothing in this Section 6(a) shall
prevent you from accepting a payment of cash or other property or securities in
consideration for the Option or the Option Shares in connection
with a Change of Control, provided that the restriction on transfer or sale set
forth in this Section 6(a) shall continue to apply to any securities received
by you in consideration for the Option or the Option Shares in connection with
any such Change of Control to the same extent as if those securities had been
received upon the exercise of the Option, unless your employment is terminated
and the restriction ceases to apply as provided in Section 6(b).

4

          (b)          Notwithstanding
Section 6(a), if your employment is terminated pursuant to Section 3(a), (b) or
(c) above, the restriction on transfer or sale pursuant to Section 6(a) will
automatically cease and, so long as all federal and state securities laws are
adhered to, any Option Shares which you (or in the case of your death, your
personal representatives or administrators or any person or persons to whom the
Option or the Option Shares have been transferred by will or the applicable
laws of descent and distribution) receive or have received pursuant to the
exercise of the Option may be immediately transferred or sold.

          7.          Adjustments.

          If
the Committee determines that any merger, reorganization, consolidation,
recapitalization, stock dividend, stock split, reverse stock split, other
change in corporate structure affecting the Common Stock, spin-off, split-up or
other distribution of assets to shareholders, or other similar corporate
transaction or event affects the shares of Common Stock such that an adjustment
is determined by the Committee to be appropriate in order to prevent dilution
or enlargement of the benefits or potential benefits intended to be made
available under this Award, then an appropriate adjustment automatically will
be made in the number and kind of Option Shares with a corresponding adjustment
in the Exercise Price; provided that the number of Option Shares always
will be a whole number.

          8.          Securities
Matters.

          No
Option Shares will be issued hereunder prior to such time as counsel to the
Company has determined that the issuance of the Option Shares will not violate
any federal or state securities or other laws, rules or regulations. The
Company will not be required to deliver any Option Shares until the
requirements of any federal or state securities or other laws, rules or
regulations (including the rules of any securities exchange) as may be
determined by the Company to be applicable are satisfied.

          9.          General
Provisions.

          (a)          Interpretations.
This Award is subject in all respects to the terms of the Plan. In the event that
any provision of this Award is inconsistent with the terms of the Plan, the
terms of the Plan will govern. Any question of administration or interpretation
arising under this Award will be determined by the Committee, and such
determination will be final, conclusive and binding upon all parties in
interest.

          (b)          No
Rights as a Shareholder. Neither you nor your legal representatives will
have any of the rights and privileges of a shareholder of the Company with
respect to the Option Shares unless and until certificates for such Option
Shares have been issued upon exercise of the Option.

5

          (c)          No
Right to Employment. Nothing in this Agreement or the Plan will be
construed as giving you the right to be retained as an employee of the Company.
In addition, the Company may at any time dismiss you from employment, free from
any liability or any claim under this Award.

          (d)          Option
Not Transferable. The Option may not be transferred, pledged, alienated,
attached or otherwise encumbered, and any purported transfer, pledge,
alienation, attachment or encumbrance of the Option will be void and
unenforceable against the Company, except that the Option may be transferred
(i) by will or by the laws of descent and distribution or (ii) by gift, without
consideration, under a written instrument that is approved in advance by the
Committee, to a member of your family, as defined in Section 267 of the
Internal Revenue Code of 1986, as amended, or to a trust or similar entity
whose sole beneficiaries are you and/or members of your family (such family
member or other entity, a “Permitted Transferee”), provided that such
transfer and the exercise of the Option by such Permitted Transferee do not
violate any federal or state securities laws. During your lifetime the Option
will be exercisable only by you or such Permitted Transferee.

          (e)          Reservation
of Shares. The Company will at all times during the term of the Option
reserve and keep available such number of shares of Common Stock as will be
sufficient to satisfy the requirements of this Award.

          (f)          Headings.
Headings are given to the sections and subsections of this Award solely as a
convenience to facilitate reference. Such headings will not be deemed in any
way material or relevant to the construction or interpretation of this Award or
any provision hereof.

          (g)          Governing
Law. The internal law, and not the law of conflicts, of the State of
Minnesota will govern all questions concerning the validity, construction and
effect of this Award.

6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00193-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00193-of-00352.parquet"}]]