FORM OF RETENTION AGREEMENTForm of Retention Agreement • November 2nd, 2005 • Department 56 Inc • Pottery & related products
This Agreement is entered into as of February 22, 2005 by and between Lenox, Incorporated, a New Jersey corporation (“Employer”) and (“Employee”) as follows:
Department 56, Inc. Letterhead]Retention Agreement • November 2nd, 2005 • Department 56 Inc • Pottery & related products
Reference is made to the Retention Agreement dated as of February 22, 2005 (the “Retention Agreement”) between you and Lenox, Inc. As you are aware, on September 1, 2005, Department 56, Inc. (“D56”) acquired all of the outstanding stock of Lenox, Inc. (“Lenox”) (the “Transaction”), thereby constituting a “Sale of Employer” under the Retention Agreement. In connection with your continued employment with Lenox and/or D56, D56 has agreed to issue shares of restricted stock to you in consideration of your agreement to amend the Retention Agreement as set forth below.
RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • November 2nd, 2005 • Department 56 Inc • Pottery & related products • Delaware
THIS AGREEMENT, made as of September 30, 2005 (the “Grant Date”), between Department 56, Inc., a Delaware corporation (the “Corporation”), and (the “Grantee”).
