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                                                                   EXHIBIT 10.13

                                 FIRST AMENDMENT
                                       TO
                             COOPER INDUSTRIES, INC.
                              AMENDED AND RESTATED
                              STOCK INCENTIVE PLAN
                         (February 14, 2001 Restatement)

         WHEREAS, Cooper Industries, Inc. (hereinafter referred to as the
"Company") maintains the Cooper Industries, Inc. Amended and Restated Stock
Incentive Plan (hereinafter referred to as the "Plan"); and

         WHEREAS, the Company desires to amend the Plan in certain respects;

         NOW, THEREFORE, the Plan is hereby amended, effective as of August 30,
2001, as follows:

         1.       Subparagraph (3) (i) of Section 2.4 of the Plan is hereby
amended in its entirety to read as follows:

                  (i) a merger or consolidation which results in the directors
         of the Company immediately prior to such merger or consolidation
         continuing to constitute at least a majority of the board of directors
         of the Company, the surviving entity or any parent thereof,

         2.       The paragraph following subparagraph (4) of Section 2.4 of the
Plan is hereby deleted.

         3.       The final paragraph of Section 2.4 of the Plan is hereby
amended in its entirety to read as follows:

                  For purposes of this Section 2.4, "Affiliate" shall have the
         meaning set forth in Rule 12b-2 promulgated under Section 12 of the
         Exchange Act; "Beneficial Owner" shall have the meaning set forth in
         Rule 13d-3 under the Exchange Act; and "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 subsidiaries, (iii) an underwriter
         temporarily holding securities pursuant to an offering of such
         securities, (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 or (v) any

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         individual, entity or group whose ownership of securities of the
         Company is reported on Schedule 13G pursuant to Rule 13d-1 promulgated
         under the Exchange Act (but only for so long as such ownership is so
         reported).

         4.       Section 14.2 of the Plan is hereby amended in its entirety to
read as follows:

                  14.2.    In the event of any Change in Capitalization, an
         equitable substitution or proportionate adjustment may be made in (i)
         the aggregate number and/or kind of Shares or other property reserved
         for issuance under the Plan and (ii) the number, kind and/or exercise
         price of Shares or other property subject to outstanding Awards granted
         under the Plan, including but not limited to, the substitution of new
         options for previously issued Stock Options, in each case as may be
         determined by the Committee in its sole discretion. Such other
         equitable substitutions or adjustments may be made determined by the
         Committee in its sole discretion. "Change in Capitalization" means any
         increase, reduction, change or exchange of Shares for a different
         number or kind of shares or other securities or property by reason of a
         reclassification, recapitalization, merger, consolidation,
         reorganization, issuance of warrants or rights, stock dividend, stock
         split or reverse stock split, combination or exchange of shares,
         repurchase of shares, change in corporate structure or otherwise; or
         any other corporate action, such as declaration of a special dividend,
         that affects the capitalization of the Company.

         5.       Section 18.1 of the Plan is hereby amended in its entirety to
read as follows:

                  18.1     Vesting and Deferral.

                           (i)      Vesting. Immediately upon a Change in
         Control, all outstanding Awards shall vest automatically, all
         forfeiture restrictions shall lapse and all Performance Share Awards
         shall be deemed earned at the commendable Performance Goal level.

                           (ii)     Deferral. In connection with a Change in
         Control, the Committee may permit Participants to change a prior
         deferral election with respect to amounts deferred pursuant to Article
         XI of the Plan, under such administrative policies as the Committee may
         establish under the Plan, which policies shall not be inconsistent with
         the provisions of Article XI of the Plan. Accounts denominated in cash
         immediately prior to a Change in Control shall continue to be
         denominated in cash following a Change in Control. Accounts denominated
         in Shares immediately prior to a Change in Control shall, following
         such Change in Control, be denominated in (a) such form of
         consideration as the Participant would have received had the
         Participant been the owner of record of such Shares at the time of such
         Change in Control, in the case of a Change in

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         Control With Consideration and (b) Shares, in the case of a Change in
         Control Without Consideration.

                  (iii)    Definitions. "Change in Control With Consideration"
         shall mean a Change in Control in which Shares are exchanged or
         surrendered for shares, cash or other property. "Change in Control
         Without Consideration" shall mean a Change in Control pursuant to which
         Shares are not exchanged or surrendered for shares, cash or other
         property.

         6.       Section 18.2 of the Plan is hereby amended in its entirety to
read as follows:

                  18.2     Payment and Rollover.

                           (i)      Payment of Deferral Accounts. In the absence
         of a timely deferral election (or redeferral election, as the case may
         be) by a Participant, the Company shall, within 10 days after the
         occurrence of a Change in Control, (a) issue, or cause to be issued,
         for any Shares credited to a Participant's deferral account, (1) such
         form of consideration as the Participant would have received had the
         Participant been the owner of record of such Shares at the time of such
         Change in Control, in the case of a Change in Control With
         Consideration and (2) Shares, in the case of a Change in Control
         Without Consideration and (b) make, or cause to be made, a cash lump
         sum payment to the Participant for any deferred cash Awards and any
         accrued interest and Dividend Equivalents.

                           (ii)     Payment of Restricted Stock Awards and
         Performance Share Awards. With respect to outstanding Restricted Stock
         Awards and Performance Share Awards deemed earned pursuant to Section
         18.1 of the Plan, the Company shall, within 10 days after the
         occurrence of a Change in Control, (a) issue or cause to be issued, for
         any Shares covered by such Awards, (i) such form of consideration as
         the Participant would have received had the Participant been the owner
         of record of such Shares at the time of such Change in Control, in the
         case of a Change in Control With Consideration and (ii) Shares, in the
         case of a Change in Control Without Consideration and (b) with respect
         to outstanding Performance Share Awards, make, or cause to be made, a
         lump sum cash payment to the Participant for any accrued interest and
         Dividend Equivalents.

                           (iii)    Stock Option Rollover or Cash-Out. With
         respect to outstanding Stock Options which have vested pursuant to
         Section 18.1 of the Plan, unless the Committee has determined to make
         an equitable adjustment or substitution of such Stock Options pursuant
         to Section 14.2 of the Plan as a result of the Change in Control, upon
         a Change in Control the Company shall cancel such Stock Options and,
         within 10 days thereafter, the Company shall make or cause to be made a
         cash payment to each holder thereof in an amount equal to the

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         excess, if any, of the Change in Control Price over the option exercise
         price, multiplied by the number of Shares subject to such Stock Option.

         7.       Section 19 of the Plan is hereby amended in its entirety to
read as follows:

                    XIX. AMENDMENT, MODIFICATION, SUSPENSION
                                 OR TERMINATION

                  The Board may amend, modify, suspend or terminate
         (individually or in the aggregate, a "Change") this Plan for any
         purpose except that: (i) no Change that would impair the rights of any
         Participant under any Award previously granted to such Participant
         shall be made without such Participant's consent, (ii) no Change shall
         be effective prior to approval by the Company's shareholders to the
         extent such approval is required: (a) pursuant to Rule 16b-3 in order
         to preserve the applicability of any exemption provided by such rule to
         any Award then outstanding (unless the holder of such Award consents);
         (b) pursuant to Section 162(m) of the Code; or (c) otherwise required
         by applicable legal requirements and (iii) following a Change in
         Control, the terms and conditions of deferrals under the Plan may not
         be changed to the detriment of any Participant without such
         Participant's written consent.

Executed this 30th day of August, 2001.

                                        COOPER INDUSTRIES, INC.

                                        By: /s/ David R. Sheil
                                            ------------------------------------
                                            Title: Senior Vice President,
                                                   Human Resources

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                                                                   EXHIBIT 10.14

This Agreement is made between Cooper Industries, Inc., an Ohio corporation,
having its principal office in Houston, Texas (the "Company"), and the
undersigned, an employee of the Company or a subsidiary of the Company (the
"Employee"). The parties hereto have agreed as follows:

1.       Pursuant to the Cooper Industries, Inc. Stock Incentive Plan (the
"Plan"), the Company grants to the Employee an Incentive Stock Option ("Option")
to purchase the above stated number of shares of Cooper Industries, Ltd. Class A
common stock, $.01 per share (the "Shares"), at the price stated above, subject
to the following conditions:

(a)      The Option rights are exercisable only if and after the Employee shall
         have remained in the employ of the Company for one year from the date
         of grant of this Option (the "Grant Date"). The Option shall become
         exercisable to the extent of only 33 1/3% of the aggregate number of
         Shares above specified, after one year, 66 2/3% after two years, and
         100% after three years from the Grant Date.

(b)      During the lifetime of the Employee, the Option rights are exercisable
         only by the Employee, and, except as otherwise provided in Sections 2,
         3 and 4 below, only if the Employee has remained continuously in the
         employ of the Company from the Grant Date.

(c)      The Option rights shall expire at the end of the period of 7 years
         commencing with the Grant Date, or upon such earlier expiration or
         termination date as may be provided by Sections 2, 3, 4 or 9 hereof and
         such Option rights shall not be exercisable thereafter.

2.       If, after the expiration of one year from the Grant Date, the Employee
shall cease to be employed by the Company for any reason other than death,
disability or Retirement, the Option rights shall terminate immediately. For
purposes of this Agreement, the term "Retirement," "Retires" or "Retired" means
cessation of employment with the Company at a time when the Employee would be
eligible to retire in accordance with any retirement plan of the Company then in
effect. If the Employee Retires after the expiration of one year from the Grant
Date, then the Employee may exercise the Option rights following such Retirement
for a period of five years after Retirement or until the Expiration Date,
whichever is lesser. However, if an Employee Retires and accepts employment with
any competitor of, or otherwise engages in competition with, the Company, the
Committee, in its sole discretion, may require such Employee to forfeit any
unexercised Options under this Agreement. Incentive Stock Options must be
exercised within 90 days from Retirement in order to retain favorable tax
treatment. Options exercised more than 90 days from Retirement will be
considered to be nonqualified exercises and applicable taxes will be collected
at the time of exercise.

3.       If, after the expiration of one year from the Grant Date, the Employee
shall cease employment as the direct result of disability (as defined in the
Company's qualified Salaried Pension Plan), all outstanding options granted to
the Employee become exercisable immediately and the Employee may exercise such
outstanding options for a period of one year after the cessation of employment
resulting from disability or until the Expiration Date, whichever is lesser,
irrespective of any restrictions to the contrary contained in Section 1(a)
above.

4.       If, after the expiration of one year from the Grant Date, the Employee
shall die while in the employ of the Company, or while Retired with exercisable
Options under Section 2, all outstanding options granted to the Employee become
exercisable immediately and the person entitled by will or the applicable laws
of descent and distribution may exercise such outstanding Options for a period
of one year after the date of death or until the Expiration Date, whichever is
lesser, irrespective of any restrictions to the contrary contained in Section
1(a) above.

5.       The Option may be exercised by delivering to the Company at its
principal executive office (directed to the attention of the Secretary or
Assistant Secretary) a written notice, signed by the Employee or a person
entitled by will or the laws of descent and distribution to exercise the Option,
as the case may be, of the election to exercise the Option and stating the
number of Shares in respect of which it is then being exercised. The Option
shall be deemed exercised as of the date the Company receives such notice. Such

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notice shall, and as an essential part thereof, be accompanied by the payment of
the full purchase price of the Shares then to be purchased. In the event the
Option shall be exercised, as provided herein, by any person other than the
Employee, such notice shall be accompanied by appropriate evidence of the right
of such person to exercise the Option. Payment of the full purchase price may be
made in (a) cash, (b) shares of Cooper Industries, Ltd. Class A common stock,
$.01 per share ("Stock"), or (c) any combination of cash and Stock, provided
that any Stock used by the Employee in payment of the purchase price must have
been acquired (whether by purchase, exchange or otherwise) by the Employee and
held for a period of more than six months, and provided further that the Company
reserves the right to prohibit the use of Stock as payment of the purchase
price. Stock used in payment of the purchase price shall be valued at the
average of the high and low trading prices of such Stock on the New York Stock
Exchange or as reported in the consolidated transaction reporting system for the
date of exercise. Upon the proper exercise of the Option, the Company shall
issue in the name of the person exercising the Option, and deliver to such
person, a certificate for the Shares purchased. The Employee agrees that as
holder of the Option he or she shall have no rights as shareholder in respect of
any of the Shares as to which the Option shall not have been effectively
exercised as herein provided and that no rights as a shareholder shall arise in
respect of any Shares as to which the Option shall have been duly exercised
until and unless a certificate for such Shares shall have been issued.

6.       This Option shall not be exercisable if such exercise would violate:

(a)      Any applicable state securities law;

(b)      Any applicable registration or other requirements under the Securities
         Act of 1933, as amended (the "Act"), the Securities Exchange Act of
         1934, as amended, or the listing requirements of any stock exchange; or

(c)      Any applicable legal requirement of any other governmental authority.

Furthermore, if a registration statement with respect to the Shares to be issued
upon the exercise of this Option is not in effect or if counsel for the Company
deems it necessary or desirable in order to avoid possible violation of the Act,
the Company may require, as a condition to its issuance and delivery of
certificates for the Shares, the delivery to the Company of a written statement
that the Employee is acquiring such Shares for investment only and not with a
view to, or for resale in connection with, the distribution thereof; that such
person understands that the Shares may be "restricted securities" as defined in
Rule 144 issued under the Act; and that any resale, transfer or other
disposition of said Shares will be accomplished only in compliance with Rule
144, the Act, or other or subsequent applicable rules and regulations
thereunder. The Company may place on the certificates evidencing such Shares an
appropriate legend reflecting the aforesaid statement and the Company may refuse
to permit transfer of such certificates until it has been furnished evidence
satisfactory to it that no violation of the Act or the rules and regulations
thereunder would be involved in such transfer.

7.       In consideration of the granting of this Option by the Company, the
Employee agrees that he or she will remain in the employ of the Company for a
period of not less than one year from the Grant Date unless during said period
his or her employment shall be terminated on account of incapacity or with the
consent of the Company. Nothing herein contained shall limit or restrict any
right which the Company would otherwise have to terminate the employment of the
Employee.

8.       This Option and the Option rights granted hereunder are not assignable
or transferable or subject to any disposition by the Employee otherwise than by
will or by the laws of descent and distribution.

9.       In the event of a reorganization, recapitalization or other change in
the capital stock, corporate structure or business of the Company, the Board of
Directors shall make appropriate adjustments to the number of Shares subject to
the Option and the exercise price so as to maintain the proportionate interest
of the Employee and preserve the value of the Option. In the event of a Change
in Control of the Company, outstanding Options shall be settled in accordance
with Section 18.2 of the Plan.

10.      For purposes of this Agreement, employment by a parent or subsidiary of
or a successor to the

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Company shall be considered employment by the Company.

11.      The Committee shall have authority, subject to the express provisions
of the Plan, to construe this Agreement and the Plan, to establish, amend and
rescind rules and regulations relating to the Plan, and to make all other
determinations in the judgment of said Committee necessary or desirable for the
administration of the Plan. The Committee may correct any defect or supply any
omission or reconcile any inconsistency in the Plan or in this Agreement in the
manner and to the extent it shall deem expedient to carry the Plan into effect.
All action by the Committee under the provisions of this paragraph shall be
conclusive for all purposes.

12.      The Employee hereby agrees to notify the Company promptly of the
disposition, whether by sale, exchange or otherwise, of any Shares acquired
pursuant to this Option within a period of one year from their acquisition. Such
notice shall state the date and manner of disposition and the proceeds, if any,
received by the Employee as a result thereof.

13.      Notwithstanding any provisions hereof, this Agreement and the Option
granted hereunder shall be subject to all of the provisions of the Plan as are
in effect from time to time, which provisions are incorporated herein by
reference.

14.      This Agreement shall be governed and construed in accordance with the
laws of the State of Texas, excluding any conflicts or choice of law rule or
principle that might otherwise refer construction or interpretation of the
Agreement to the substantive law of another jurisdiction.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement in duplicate
as of the Grant Date first above written.

Cooper Industries, Inc.

By:

Employee Signature

Social Security No.

Home Address

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