SPX Corporation 2002 STOCK COMPENSATION PLAN RESTRICTED STOCK AGREEMENT AWARDRestricted Stock Agreement • March 4th, 2008 • SPX Corp • Metalworkg machinery & equipment • Michigan
THIS AGREEMENT is made between SPX CORPORATION, a Delaware corporation (the "Company"), and the Recipient pursuant to the SPX Corporation 2002 Stock Compensation Plan and related plan documents (the "Plan") in combination with an SPX Restricted Stock Summary (the "Award Summary") to be displayed at the Fidelity website. The Award Summary, which identifies the person to whom the Restricted Stock (as defined in Section 1 below) is granted (the "Recipient") and specifies the date (the "Award Date") and other details of the award, and the electronic acceptance of this Agreement (which also is to be displayed at the Fidelity website), are incorporated herein by reference. The parties hereto agree as follows:
SPX Corporation 2006 NON-EMPLOYEE DIRECTORS' STOCK INCENTIVE PLAN RESTRICTED STOCK AGREEMENT 2008 AWARDRestricted Stock Agreement • March 4th, 2008 • SPX Corp • Metalworkg machinery & equipment • Delaware
THIS AGREEMENT is made between SPX CORPORATION, a Delaware corporation (the "Company"), and the Recipient pursuant to the SPX Corporation 2006 Non-Employee Directors' Stock Incentive Plan and related plan documents (the "Plan") in combination with an SPX Restricted Stock Summary (the "Award Summary") to be displayed at the Fidelity website. The Award Summary, which identifies the person to whom the Restricted Stock (as defined in Section 1 below) is granted (the "Recipient") and specifies the date (the "Award Date") and other details of the award, and the electronic acceptance of this Agreement (which also is to be displayed at the Fidelity website), are incorporated herein by reference. The parties hereto agree as follows:
QuickLinks -- Click here to rapidly navigate through this documentSPX Corp • March 4th, 2008 • Metalworkg machinery & equipment • North Carolina
As discussed with you, the effective date of your separation from SPX Corporation (the "Company") will be November 30, 2007. This letter, otherwise known as the Separation Agreement and General Release, sets forth the terms upon which you and the Company have agreed your employment will be terminated (hereinafter the Separation Agreement and General Release will be referenced as the "Agreement").
