DEL MONTE FOODS COMPANY 2002 STOCK INCENTIVE PLAN STAND-ALONE STOCK APPRECIATION RIGHT AGREEMENTStock Appreciation Right Agreement • December 10th, 2004 • Del Monte Foods Co • Canned, fruits, veg, preserves, jams & jellies • California
Del Monte Foods Company (the “Company”) hereby grants you, ___________________ (the “Participant”), a stand-alone stock appreciation right (“SAR”) under the Company’s 2002 Stock Incentive Plan (the “Plan”), in order to encourage you to continue to contribute to the Company’s growth and success. The SAR consists of the right to receive shares of common stock of the Company, $0.01 par value per share (the “Common Stock”), in an amount whose Fair Market Value (as defined in the Plan) is equal, with respect to the number of shares specified below (the “Shares”), to the excess of (i) the Fair Market Value of Common Stock on the date or dates upon which the Participant converts this SAR or any portion thereof to Common Stock (the “Conversion Date(s)”), over (ii) the Conversion Price.
