THE TIMKEN COMPANY Nonqualified Stock Option AgreementThe Timken Company • February 10th, 2006 • Timken Co • Ball & roller bearings • Ohio
WHEREAS, the grant of stock options evidenced hereby was authorized by a resolution of the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of the Company that was duly adopted on [DATE] (the “Date of Grant”), and the execution of a stock option agreement in the form hereof was authorized by a resolution of the Committee duly adopted on [DATE]; and
THE TIMKEN COMPANY Performance Unit AgreementPerformance Unit Agreement • February 10th, 2006 • Timken Co • Ball & roller bearings • Ohio
WHEREAS, the grant of Performance Units, each with a cash value of $100.00, was authorized by a resolution of the Compensation Committee (the “Committee”) of the Board of Directors of the Company (the “Board”) that was duly adopted on [DATE] (the “Date of Grant”), and the execution of a Performance Unit agreement in the form hereof was authorized by a resolution of the Committee duly adopted on [DATE];
THE TIMKEN COMPANY Deferred Shares AgreementThe Timken Company • February 10th, 2006 • Timken Co • Ball & roller bearings • Ohio
WHEREAS, the grant of deferred shares evidenced hereby was authorized by a resolution of the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of the Company that was duly adopted on February 6, 2006 (the “Date of Grant”), and the execution of a deferred shares agreement in the form hereof was authorized by a resolution of the Committee duly adopted on February 6, 2006.
THE TIMKEN COMPANY Restricted Shares AgreementRestricted Shares Agreement • February 10th, 2006 • Timken Co • Ball & roller bearings • Ohio
WHEREAS, the grant of restricted shares evidenced hereby was authorized by a resolution of the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of the Company that was duly adopted on , and the execution of a restricted shares agreement in the form hereof was authorized by a resolution of the Committee duly adopted on such date.
