Document:

exv10w6

Exhibit 10.6

EXECUTION VERSION

Bank of America, N.A.

Bank of America Tower at One Bryant Park

New York, NY 10036

          March 24, 2009

	 	 	 	 	 
	To:	 	Newell Rubbermaid Inc.
	 	 	Three Glenlake Parkway
	 	 	Atlanta, Georgia 30328
	 

	 	Attention:
	 	Treasurer
	 

	 	Telephone No.:
	 	(770) 418-7000
	 

	 	Facsimile No.:
	 	(770) 677-8705

Re: Call Option Confirmation and Warrant Confirmation

     Newell Rubbermaid Inc. (“Company”) and Bank of America, N.A. (“Dealer”) concurrently herewith
are entering into a call option transaction (the “Call Option Transaction”) to purchase from Dealer
a number of options exercisable into Shares pursuant to a letter agreement dated as of the date
hereof (the “Call Option Confirmation”) and a warrant transaction (the “Warrant Transaction”,
together with the Call Option Transaction, the “Transactions”) to sell to Dealer a number of
options exercisable into Shares pursuant to a letter agreement dated as of the date hereof (the
“Warrant Confirmation”, together with the Call Option Confirmation, the “Confirmations”).

     This letter agreement (the “Letter Agreement”) hereby confirms the agreement between Dealer
and Company as follows:

     1. Terms Used but Not Defined Herein. Capitalized terms used herein without
definition shall have the meanings assigned to them in the Call Option Confirmation or the Warrant
Confirmation, as applicable.

     2. Representations and Warranties of Company. Company represents and warrants to
Dealer that it is not entering into this Letter Agreement (i) on the basis of, and it is not aware
of, any material non-public information with respect to itself or the Shares (ii) in anticipation
of, in connection with, or to facilitate, a distribution of its securities (other than the
Convertible Notes), a self tender offer for equity securities or a third-party tender offer or
(iii) to create actual or apparent trading activity in the Shares (or any security convertible into
or exchangeable for the Shares) or to raise or depress or otherwise manipulate the price of the
Shares (or any security convertible into or exchangeable for the Shares).

     3. Amendment. If the Underwriters (the “Underwriters”) party to the Underwriting
Agreement (the “Underwriting Agreement”) dated as of the date hereof among Company, and Merrill
Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities Inc., as representatives of
the Underwriters party thereto, exercise their option to purchase additional Convertible Notes (the
“Additional Convertible Notes”), then on the closing date for the purchase and sale of the
Additional Convertible Notes, (i) the Number of Options will be automatically increased by
additional Options (the “Additional Options”) equal to the number of Additional Convertible Notes
in denominations of USD 1,000 principal amount issued pursuant to such exercise; (ii) an additional
premium equal to the product of the Additional Options and USD 200.00 shall be paid by Company to
Dealer; (iii) the Number of Warrants will be automatically increased by additional Warrants (the
“Additional Warrants”) in proportion to such Additional Convertible Notes; and (iv) an additional
premium equal to the product of the Additional Warrants and USD 0.8176 shall be paid by Dealer to
the Company.

     4. Early Unwind. In the event the sale of Convertible Notes is not consummated with
the Underwriters for any reason by the close of business in New York on March 30, 2009 (or such
later date as agreed upon by the parties) (March 30, 2009 or such later date, the “Closing Date”)
or, with respect to any Additional Convertible Notes, on the Subsequent Closing Date as defined in
the Underwriting Agreement (the

 

 

“Subsequent Closing Date” and the Closing Date or the Subsequent Closing Date, as applicable,
the “Early Unwind Date”), the Transactions (or, with respect to any Additional Convertible Notes,
the Additional Options and Additional Warrants) shall automatically terminate (the “Early Unwind”),
on the Early Unwind Date and (i) the Transactions (or, with respect to any Additional Convertible
Notes, the Additional Options and the Additional Warrants) and all of the respective rights and
obligations of Dealer and Company under the Transactions, the Additional Options or Additional
Warrants, as applicable, shall be cancelled and terminated and (ii) each party shall be released
and discharged by the other party from and agrees not to make any claim against the other party
with respect to any obligations or liabilities of the other party arising out of and to be
performed in connection with the Transactions, the Additional Options or the Additional Warrants,
as applicable, either prior to or after the Early Unwind Date; provided that Company shall purchase
from Dealer on the Early Unwind Date all Shares purchased by Dealer or one or more of its
affiliates in connection with the Transactions, up to a maximum of 3,607,948 Shares, at the then
prevailing market price as determined by the Calculation Agent. Dealer and Company represent and
acknowledge to the other that, subject to the proviso included in this Section, upon an Early
Unwind, all obligations with respect to the Transactions, the Additional Options or the Additional
Warrants, as applicable, shall be deemed fully and finally discharged.

     5. Counterparts. This Letter Agreement may be signed in any number of counterparts,
each of which shall be an original, with the same effect as if all of the signatures thereto and
hereto were upon the same instrument.

     6. Governing Law. The provisions of this Letter Agreement shall be governed by the
New York law (without reference to choice of law doctrine).

2

 

     Company hereby agrees (a) to check this Letter Agreement carefully and immediately upon
receipt so that errors or discrepancies can be promptly identified and rectified and (b) to confirm
that the foregoing (in the exact form provided by Dealer) correctly sets forth the terms of the
agreement between Dealer and Company, by manually signing this Letter Agreement or this page hereof
as evidence of agreement to such terms and immediately returning an executed copy to John Servidio,
Bank of America, N.A., Facsimile No. (704) 208-2869.

Very truly yours,

	 	 	 	 	 	 	 
	 	 	Bank of America, N.A.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Michael Voris
	 	 
	 

	 	 	 	 	 	 
	 	 	Authorized Signatory	 	 
	 	 	Name: Michael Voris	 	 

Accepted and confirmed

as of the Trade Date:

Newell Rubbermaid Inc.

	 	 	 	 	 	 	 
	 

	 	By:
	 	/s/ Dale L. Metz
	 	 
	 

	 	 	 	 	 	 
	 	 	Authorized Signatory	 	 
	 	 	Name: Dale L. MetzEX-10.(HH)

Exhibit (10)(hh)

J. ALEXANDER’S CORPORATION (THE “COMPANY”)

SUMMARY OF DIRECTOR AND EXECUTIVE OFFICER COMPENSATION

I. DIRECTOR COMPENSATION. Directors who are employees of the Company do not receive additional
compensation for serving as directors of the Company. The following table sets forth current rates
of cash compensation for the Company’s non-employee directors.

	 	 	 	 	 
	RETAINERS	 	2009
	 
	Board retainer
	 	$	15,000	 

In addition, non-employee directors are paid a fee of $1,500 for each attended meeting of the Board
or any Committee of which he or she is a member. Each director who is not also an employee of the
Company is eligible for grants of non-qualified stock options under the Amended and Restated 2004
Equity Incentive Plan. Generally, directors who are not employees of the Company have been awarded
options to purchase 10,000 shares of Common Stock upon joining the Board and options to purchase
1,000 shares of Common Stock for each succeeding year of service, with the exercise price equal to
the fair market value of the Common Stock on the date of grant. Pursuant to the terms of the
Amended and Restated 2004 Equity Incentive Plan, no non-employee director is eligible for a grant
of incentive stock options under the Plan.

II. EXECUTIVE OFFICER COMPENSATION. The following table sets forth the 2009 annual base salaries
and the fiscal 2008 performance bonuses provided to the Company’s Chief Executive Officer, Chief
Financial Officer and other highly compensated executive officers (the “Named Officers”).

	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	FISCAL 
	 	 	 	 	 	 	2008
	 	 	 	 	 	 	BONUS 
	EXECUTIVE OFFICER	 	2009 SALARY	 	AMOUNT
	 
	Lonnie J. Stout II
	 	$	376,000	 	 	$	—	 
	R. Gregory Lewis
	 	$	196,000	 	 	$	—	 
	J. Michael Moore
	 	$	155,000	 	 	$	—	 
	Mark A. Parkey
	 	$	155,000	 	 	$	—	 

Given the current economic environment, the Company determined not to establish a cash incentive
bonus program for executive officers based on performance targets for 2009.

The Named Officers are eligible to receive incentive awards pursuant to the Company’s equity
incentive plans.

III. ADDITIONAL INFORMATION. The foregoing information is summary in nature. Additional information
regarding director and Named Officer compensation will be provided in the Company’s proxy statement
to be filed in connection with the 2009 annual meeting of shareholders.

51EX-4.C

Exhibit 4(c)

FIRST AMENDMENT TO

MERCANTILE BANK CORPORATION

EMPLOYEE STOCK PURCHASE PLAN OF 2002

     THIS AMENDMENT to the Mercantile Bank Corporation Employee Stock Purchase Plan of 2002 (the
“Plan”) is adopted effective as of February 28, 2009.

     WHEREAS, the Board of Directors of Mercantile Bank Corporation (the “Company”) adopted
the Plan effective as of October 1, 2002;

     WHEREAS, Section 10.2 of the Plan authorizes the Committee or the Board of Directors of the
Company to adopt amendments to the Plan;

     WHEREAS, the Company wishes to increase the number of shares available for purchase under the
Plan from 25,000 to 55,000;

     NOW, THEREFORE, this Amendment is adopted, effective as of February 28, 2009:

     1. Section 4.1 of the Plan is amended in its entirety as follows:

     “4.1 Number of Shares of Common Stock. There shall be reserved for issuance to and purchase
by Participants under the Plan an aggregate of 55,000 shares of Common Stock, subject to adjustment
as provided in Section 4.2. Shares of Common Stock available under the Plan shall be authorized
and unissued shares or shares purchased by the Company.”

     2. Capitalized terms used in this Amendment and not defined have the meanings given to them in
the Plan. Except as hereby amended, the Plan shall remain in full force and effect.

     IN WITNESS WHEREOF, this Amendment is executed by an authorized officer of the Company.

	 	 	 	 	 
	 	 	MERCANTILE BANK CORPORATION
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Michael H. Price
	 
	 	 	 	 
	 

	 	Its:
	 	Chairman and CEO

Approved by the Board of Directors on February 26, 2009

Effective: February 28, 2009

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