FORM OF AGREEMENT UNDER NACCO INDUSTRIES, INC. SUPPLEMENTAL EXECUTIVE LONG-TERM INCENTIVE BONUS PLAN NACCO Industries, Inc. Cleveland, Ohio 44124-4017 Attention: SecretaryForm of Agreement • September 17th, 2012 • Nacco Industries Inc • Industrial trucks, tractors, trailors & stackers
The undersigned is an employee of NACCO Industries, Inc. (the “Company”) or one of its wholly-owned subsidiaries (together with the Company, the “Employers”) to whom grants of an award (the “Award”) consisting of [insert number] fully paid and nonassessable shares (the “Award Shares”) of Class A Common Stock, par value $1.00 per share, of the Company (“Class A Common”) were made on ______ __, 20__ by the Compensation Committee (the “Committee”) of the Board of Directors of the Company (the “Board”) pursuant to the NACCO Industries, Inc. Supplemental Executive Long-Term Incentive Bonus Plan (the “Plan”). I hereby accept the Award and acknowledge to and agree with the Company as follows:
