Document:

EX-10.9

 Exhibit 10.9 

Amended and Restated 

Director Compensation Plan 
 The
Compensation Committee and the Board of Directors have approved the following amended and restated plan with respect to the annual compensation of non-employee directors effective November 14. 

 

			
	 Compensation Element
	  	 Amount

	Board retainer	  	$45,000 per annum
		
	Committee retainer	  	 Audit Committee Chair: $15,000
  

Comp Committee Chair: $10,000
  

Nom. Committee Chair/member: uncompensated
  

Committee member - $7,500 per annum

		
	Board meeting fee	  	$500 for each in-person meeting participation and $100 for each telephonic participation, subject to a maximum of $2,000 per year
		
	Committee meeting fee	  	 Audit Committee Chair in-person per meeting fee - $1,000
  

Comp Committee Chair in-person per meeting fee - $750
  

Member meeting fee - $500, for each in-person meeting participation and $100 for each telephonic participation, subject to a maximum of $2,000 per
year

		
	Equity-based award	  	 $60,000 per annum, composed of:
  

a. a $30,000 grant at the start of the fiscal year, part in cash settled RSU’s and part in cash-settled SAR’s and

 
 b. a $30,000 grant approximately half-way through the fiscal year, part in cash settled
RSU’s and part in cash-settled SAR’s

		
	Deferral	  	Directors may participate in the Director Compensation Deferral Plan in accordance with its terms

 Notes: 
  

	1.	Retainers will be payable annually, through quarterly payments each quarter of the year of service. 

  

	2.	Meeting fees will be payable annually, through quarterly payments each quarter of the year of service. 

  

	3.	Equity-based awards will be made by resolutions to be duly adopted by the Compensation Committee in accordance with the foregoing schedule. The proportion of RSU’s and SAR’s will be determined by the Committee
in connection with making each award. 

  

	4.	The number of RSU’s will be determined based upon the Fair Market Value of the Common Stock, as determined by the closing price on the last trading day preceding the award. The strike price and the number of
SAR’s will be based upon such Fair Market Value and the application of the Black Scholes formula. 

  
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	5.	Equity-based awards will provide for vesting on the first anniversary of the date of grant (periodic equity, if any, will vest in accordance with the grant). 

 

	6.	Unvested equity-based awards (and periodic equity awards) will accelerate to vest upon retirement from the Board, provided that the director: 

 

	 	a.	is at least 60 years old, 

  

	 	b.	meets the “Rule of 70” (the sum of age plus years of Board service totals at least 70) and 

  

	 	c.	provides six-months notice of intent to retire (subject to waiver by the Board). 

 If practical,
retirement should occur at the annual meeting date. 
  

	7.	If a director resigns (other than upon retirement), is not nominated for re-election or is not re-elected, the director will receive only vested awards through the departure date. Unvested awards will be forfeited.

  

	8.	If a director ceases to be a director upon a change in control, the director will be deemed to have retired even if the director is not age 60 or the Rule of 70 is not met, and no advance notice from the director would
be required. 

 Subject to the rights of holders in equity-based awards previously made, the foregoing plan may be amended by the Compensation
Committee or the Board at any time in their discretion. 
 Dated: November 5, 2014 

  
 Page 2EX-10.13

 Exhibit 10.13 

GLOBE SPECIALTY METALS, INC. 

2006 EMPLOYEE, DIRECTOR AND CONSULTANT STOCK PLAN 

FORM STOCK OPTION AGREEMENT 

This Stock Option Agreement (this “Agreement”) is made and entered into as of the date of grant set forth below (the
“Date of Grant”) by and between Globe Specialty Metals, Inc., a Delaware corporation (the “Company”), and the participant named below (“Participant”). Capitalized terms not defined herein shall have
the meaning ascribed to them in the Company’s 2006 Employee, Director and Consultant Stock Plan (the “Plan”). This Agreement together with the Plan constitutes the entire agreement of the parties and supersedes all prior
undertakings and agreements with respect to the subject matter hereof. 
  

					
	Participant:		                                      
                  		
			
	Address:		                                      
                  		
			                                      
                  		
			                                      
                  		
			
	Total Option Shares:		                                    		
			
	Exercise Price Per Share:		$                                  		
			
	Date of Grant		                                    		
			
	Options Vested at Grant:		                                    		
			
	Vesting:		See Schedule A		
			
	Expiration Date:		                                    (unless
earlier terminated under the Plan)		
			
	Type of Stock Option		[                    ] Incentive Stock Option		
		
	(Check one):		[                    ] Nonqualified Stock Option

 1. Grant of Option. The Company hereby grants to Participant an option to purchase the
total number of shares of Common Stock, $0.0001 par value, of the Company set forth above as Total Option Shares (the “Shares”) at the Exercise Price Per Share (the “Exercise Price”), subject to all of the
terms and conditions of this Agreement and the applicable provisions of the Plan (the “Option”). The Option is not intended to qualify as an incentive stock option within the meaning of Section 422 of the Code. 

  
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 2. Other Terms and Conditions. The Option is expressly subject to the terms and
conditions of the Plan, which terms and conditions are expressly incorporated herein by reference. 
 3. Interpretation. Any
dispute regarding the interpretation of this Agreement shall be submitted by Participant or the Company to the Committee for review. The resolution of such a dispute by the Committee shall be final and binding on the Company and Participant. 

4. Entire Agreement. This Agreement and the Plan constitute the entire agreement of the parties and supersede all prior
undertakings and agreements with respect to the subject matter hereof. 
 5. Successors and Assigns. The Company may
assign any of its rights under this Agreement. This Agreement shall be binding upon and inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer set forth herein, this Agreement shall be binding upon
Participant and Participant’s heirs, executors, administrators, legal representatives, successors and assigns. 
 6.
Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware as such laws are applied to agreements between Delaware residents entered into and to be performed entirely within
Delaware. If any provision of this Agreement is determined by a court of law to be illegal or unenforceable, then such provision will be enforced to the maximum extent possible and the other provisions will remain fully effective and enforceable.

 7. Acceptance. Participant hereby acknowledges receipt of a copy of the Plan and this Agreement. Participant has read and
understands the terms and conditions thereof, and accepts the Option subject to all the terms and conditions of the Plan and this Agreement. Participant acknowledges that there may be adverse tax consequences upon exercise of the Option or
disposition of the Shares and that Participant should consult a tax adviser prior to such exercise or disposition. 

  
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 IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by its duly
authorized representative and Participant has executed this Agreement this      day of                     , but effective as of
the Date of Grant. 
  

			
	GLOBE SPECIALTY METALS, INC.
		
	By:		  

	Name:		
	Its:		
	
	PARTICIPANT
	
	  

  
 3 

 Schedule A 

Vesting 
 Vesting Dates: The Option
shall vest and become exercisable in three increments as follows: 
  

			
	 Vesting Date
	 	 Number of Shares Vested

		 	
		 	
		 	

 The vesting of unvested Options shall accelerate and vest in full (i) upon Participant’s termination
of employment by reason of death, (ii) upon Participant’s termination of employment by reason of Disability, (iii) upon Participant’s termination of employment for Good Reason, (iv) upon Participant’s termination of
employment by the Company other than for Cause, (v) upon Participant’s termination of employment by the Company during the Protection Period, other than for Cause, and (vi) upon Participant’s termination of employment during the
Protection Period for Good Reason. 
 The vesting of the unvested Options shall terminate and such unvested Options shall immediately
terminate upon (i) Participant’s termination of employment for Cause or (ii) Participant’s termination of employment without Good Reason. 

For the purposes of this Option, the terms “Disability”, “Good Reason”, “Cause”, “Change of Control”
and “Protection Period” shall have the meanings set forth in the Employment Agreement dated                      between the Company and
Participant. 
 Immediately prior to (and contingent upon the effectiveness of) the closing of a Corporate Transaction in which any
surviving corporation or acquiring corporation does not assume this Agreement or substitute a similar award, the Options shall vest in full and be immediately exercisable. 

  
 4EX-10.14

 Exhibit 10.14 

GLOBE SPECIALTY METALS, INC. 

STOCK APPRECIATION RIGHT AGREEMENT 

This Stock Appreciation Right Agreement (the “Agreement”) is made and entered into as of the date of grant set forth below
(the “Date of Grant”) by and between Globe Specialty Metals, Inc., a Delaware corporation (the “Company”), and the participant named below (the “Participant”). The Rights represented by this
Agreement are not granted under the Company’s 2006 Employee, Director and Consultant Stock Plan (the “Plan”), but are intended to be a “stand-alone” grant. However, for ease of reference, certain capitalized words not
defined herein shall have the meaning ascribed to them in the Plan and certain specified terms of the Plan shall be applied to this Agreement. 
  

					
	Participant:		  
		
			
	Address:		                                     
                       		
			
			                                     
                       		
			
	Total SAR Shares Subject:		                                  		
			
	Base Price Per SAR Share:		$                                		
			
	Date of Grant:		  
		
			
	Vesting Schedule:		The Rights shall vest and become exercisable as set forth in Exhibit A.		
			
	Expiration Date:		  
		

  
 1 

 1. Grant of Rights. Subject to the terms of this Agreement, the Company
hereby grants to Participant stock appreciation rights (the “Rights”) to receive payment from the Company, upon exercise, of a cash amount determined by multiplying: 

(a) the difference obtained by subtracting the Base Price per Share (as specified above) from the Fair Market Value of a share of the
Company’s Common Stock on the exercise date, by 
 (b) the number of Rights exercised on the exercise date. 

2. Exercise. Exercise shall be made by the delivery to the Secretary of the Company, prior to the time when the Rights expire
under the terms of this Agreement, of a written notice signed by Participant (or another person as permitted under Section 12 the Plan) stating that the Rights or a portion thereof are thereby exercised. Except as set forth in the next
sentence, upon exercise of the Rights, the Company shall make a payment to Participant equal to the amount set forth in Section 1 with respect to all vested SAR Shares as to which the Rights are exercised. Upon the closing of a Corporate
Transaction (as defined in Section 24 the Plan) in which any surviving corporation or acquiring corporation does not assume this Agreement or substitute a similar award, the Company shall make payment to Participant equal to the amount set
forth in Section 1 with respect to all vested SAR Shares as to which the Rights have not previously been exercised and paid or terminated, and Participant shall not be required to make the delivery of the written notice specified above. 

3. Vesting. Subject to such further limitations as are provided in this Agreement, the Right shall vest and become exercisable
in accordance with the vesting schedule set forth above. 
 4. Administration. The Compensation Committee of the
Company’s Board of Directors (the “Committee”) shall have the power to interpret this Agreement and to adopt such rules for the administration, interpretation and application of the Agreement as are consistent herewith and to
interpret or revoke any such rules. All actions taken and all interpretations and determinations made by the Committee in good faith. No officer of the Company or member of the Committee shall be personally liable for any action, determination, or
interpretation made in good faith with respect to this Agreement. 
 5. Adjustment. If the outstanding shares of Company
Common Stock upon which the Rights are based are changed into or exchanged for a different number or kind of shares of the Company or other securities of the Company by reason of merger, consolidation, recapitalization, reclassification, stock
split, stock dividend or combination of shares, the number of SAR Shares underlying the Rights and the Base Price per SAR Share related thereto shall be adjusted in the manner set forth in Section 24 of the Plan. 

6. Not an Option. The Rights are not intended by the parties to be, and shall not be treated as, a stock option nor as an
incentive stock option, as such term is defined under section 422 of the Internal Revenue Code of 1986. The Rights granted hereby are not related to any incentive stock option or nonqualified stock option and shall not be deemed to grant to
Participant any rights to ownership of the Company’s Common Stock or any rights of a holder thereof. 

  
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 7. Entire Agreement. This Agreement, the capitalized words defined in the Plan
specified in this Agreement, the terms of the Plan specified in this Agreement, Section 28 of the Plan (Withholding) and Section 32 of the Plan (Employment) constitute the entire agreement of the parties and supersede all prior
undertakings and agreements with respect to the subject matter hereof. 
 8. Rights Not Transferable. Neither the Rights nor
any interest or right therein or part thereof shall be subject to disposition by transfer, alienation, anticipation, pledge, encumbrance, assignment or any other means whether such disposition is voluntary or involuntary or by operation of law, by
judgment, levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy), and any attempted disposition thereof shall be null and void and of no effect; provided, however, that this Section 9 shall not prevent
transfers by will or by the applicable laws of descent and distribution. 
 9. Successors and Assigns. The Company
may assign any of its rights under this Agreement. This Agreement shall be binding upon and inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer set forth herein, this Agreement shall be binding
upon Participant and Participant’s heirs, executors, administrators, legal representatives, successors and assigns. 
 10.
Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware as such laws are applied to agreements between Delaware residents entered into and to be performed entirely within
Delaware. If any provision of this Agreement is determined by a court of law to be illegal or unenforceable, then such provision shall be enforced to the maximum extent possible and the other provisions shall remain fully effective and enforceable.

 11. Amendments. The Company reserves the right to amend the terms and provisions of this Agreement without
Participant’s consent to the extent necessary to comply with any applicable Federal or state securities law, but in such case, similar economics shall be provided. Except the foregoing, this Agreement shall not be amended other than by a
supplemental agreement signed by the Company and Participant. Either party may waive compliance by the other party with any of the terms or conditions of this Agreement, but no such waiver shall be binding unless executed in writing by the party
granting the waiver. 
 12. Acceptance. Participant hereby acknowledges receipt of this Agreement and the applicable portions
of the Plan. Participant has read and understands the terms and provisions thereof, and accepts the Rights subject to this Agreement and such applicable portions of the Plan. Participant acknowledges that there may be adverse tax consequences upon
exercise of the Rights and that Participant should consult a tax adviser prior to such exercise. 

  
 3 

 IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by its duly
authorized representative and Participant has executed this Agreement this      day of                     , but effective as of
the Date of Grant. 
  

			
	 GLOBE SPECIALTY METALS, INC.

		
	 By:
		  

	
	 PARTICIPANT

	
	  

  
 4 

 Exhibit A 

Vesting Schedule 
 Vesting
Dates: The Rights shall vest and become exercisable in three increments as follows: 
  

			
	 Vesting Date
	  	Number of Rights Vested
		  	
		  	
		  	

 The vesting of unvested Rights shall accelerate and vest in full upon (i) Participant’s termination of employment by
reason of death, (ii) Participant’s termination of employment by reason of Disability, (iii) Participant’s termination of employment for Good Reason, (iv) Participant’s termination of employment by the Company other
than for Cause, (v) Participant’s termination of employment by the Company during the Protection Period, other than for Cause, or (vi) Participant’s termination of employment during the Protection Period for Good Reason. 

The vesting of the unvested Rights shall terminate and such unvested Rights shall immediately terminate upon (i) termination of Participant’s
employment by the Company for Cause or (ii) Participant’s termination of employment without Good Reason. 
 For the purposes of this Agreement,
the terms “Disability”, “Good Reason”, “Cause”, “Change of Control” and “Protection Period” shall have the meanings set forth in the Employment Agreement dated
                    between the Company and Participant. 

Immediately prior to (and contingent upon the effectiveness of) the closing of a Corporate Transaction in which any surviving corporation or acquiring
corporation does not assume this Agreement or substitute a similar award, the Rights shall vest in full and be immediately exercisable. 

  
 5

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