SEC Contract Filing

Filing Date: 2018-04-30

Document Content:
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>3
<FILENAME>a2018ltip.htm
<DESCRIPTION>OLIN CORPORATION 2018 LONG TERM INCENTIVE PLAN
<TEXT>
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<div><a name="s3FABDF3876C5507088AF74487D890F91"></a></div><div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:right;font-size:12pt;"><font style="font-family:Arial;font-size:12pt;font-weight:bold;">Exhibit 10.1</font></div><div style="line-height:120%;text-align:justify;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">OLIN CORPORATION </font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">2018 LONG TERM INCENTIVE PLAN </font></div><div style="line-height:120%;text-align:justify;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:33px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Section&#160;1. </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Purpose</font><font style="font-family:Arial;font-size:10pt;">. </font></div><div style="line-height:120%;text-align:justify;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:33px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The general purposes of the Olin Corporation 2018 Long Term Incentive Plan are to (i)&#160;attract and retain persons eligible to participate in the Plan; (ii)&#160;motivate Participants, by means of appropriate incentives, to achieve long-range goals; (iii)&#160;provide incentive compensation opportunities that are competitive with those of other similar companies; and (iv)&#160;further align Participants&#8217; interests with those of other shareholders of Olin Corporation through compensation that is based on Olin&#8217;s common stock; and thereby promote the long-term financial interest of Olin and its Affiliates, including growth in the value of Olin&#8217;s equity and enhancement of long-term shareholder return. </font></div><div style="line-height:120%;text-align:justify;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:33px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Section&#160;2. </font><font style="font-family:Arial;font-size:10pt;text-decoration:underline;">Definitions</font><font style="font-family:Arial;font-size:10pt;">. </font></div><div style="line-height:120%;text-align:justify;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:33px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">As used in the Plan: </font></div><div style="line-height:120%;text-align:justify;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:65px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:32px;"><font style="font-family:Arial;font-size:10pt;">(a)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#8220;Affiliate&#8221; means any corporation, partnership, joint venture or other entity during any period in which Olin owns, directly or indirectly, at least 50% of the total voting or profits interest. </font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:65px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:32px;"><font style="font-family:Arial;font-size:10pt;">(b)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#8220;Award&#8221; means any Option, Stock Appreciation Right, Restricted Stock, Restricted Stock Unit, Performance Share, Other Stock-Based Award or Dividend Equivalent granted under the Plan. </font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:65px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:32px;"><font style="font-family:Arial;font-size:10pt;">(c)</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#8220;Award Agreement&#8221; means any written or electronic agreement or other instrument or document evidencing an Award granted under the Plan, regardless of whether a Participant signature is required. </font></div></td></tr></table><div style="line-height:120%;text-align:justify;font-size:7.5pt;"><font style="font-family:inheri