THE TIMKEN COMPANY Nonqualified Stock Option AgreementNonqualified Stock Option Agreement • February 17th, 2012 • Timken Co • Ball & roller bearings • Ohio
WHEREAS, the grant of Option Rights 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 __________, 20__ (the “Date of Grant”), and the execution of an Option Rights agreement in the form hereof (this “Agreement”) was authorized by a resolution of the Committee duly adopted on __________, 20__; and
THE TIMKEN COMPANY Nonqualified Stock Option AgreementThe Timken Company • February 17th, 2012 • Timken Co • Ball & roller bearings • Ohio
WHEREAS, the grant of Option Rights 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 , , 20, (the “Date of Grant”), and the execution of a Option Rights agreement in the form hereof (this “Agreement”) was authorized by a resolution of the Committee duly adopted on , , 20, ; and
THE TIMKEN COMPANY Deferred Shares AgreementThe Timken Company • February 17th, 2012 • 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 8, 2010 (the “Date of Grant”), and the execution of a deferred shares agreement in the form hereof (this “Agreement”) was authorized by a resolution of the Committee duly adopted on November 6, 2008.
AMENDMENT TO THE EMPLOYEE EXCESS BENEFITS AGREEMENTEmployee Excess Benefits Agreement • February 17th, 2012 • Timken Co • Ball & roller bearings
(“Employee”), and The Timken Company (“Timken”), an Ohio corporation, hereby agree to adopt this Amendment (the “Amendment”) to the Employee Excess Benefits Agreement, dated , by and between the Employee and Timken (the “Agreement”). The Amendment is being entered into on .
THE TIMKEN COMPANY Nonqualified Stock Option Agreement for Nonemployee DirectorsNonqualified Stock Option Agreement • February 17th, 2012 • Timken Co • Ball & roller bearings • Ohio
WHEREAS, ___________ (hereinafter called the “Optionee”) is a Non employee Director (as defined in The Timken Company Long-Term Incentive Plan (the “Plan”) (As Amended and Restated on February 4, 2008) of The Timken Company (hereinafter called the “Company”);
AMENDMENT TO THE EMPLOYEE EXCESS BENEFITS AGREEMENTEmployee Excess Benefits Agreement • February 17th, 2012 • Timken Co • Ball & roller bearings
_________________ (“Employee”), and The Timken Company (“Timken”), an Ohio corporation, hereby agree to adopt this Amendment (the “Amendment”) to the Employee Excess Benefits Agreement, dated ________, by and between the Employee and Timken (the “Agreement”), effective January 1, 2012.
THE TIMKEN COMPANY Restricted Shares AgreementThe Timken Company • February 17th, 2012 • 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 February 8, 2010, and the execution of a restricted shares agreement in the form hereof (this “Agreement”) was authorized by a resolution of the Committee duly adopted on November 6, 2008.
THE TIMKEN COMPANY Deferred Shares AgreementThe Timken Company • February 17th, 2012 • 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 __________, 20__ (the “Date of Grant”), and the execution of a Deferred Shares Agreement in the form hereof (this “Agreement”) was authorized by a resolution of the Committee duly adopted on __________, 20__.
THE TIMKEN COMPANY Restricted Shares Agreement for Nonemployee DirectorsRestricted Shares Agreement • February 17th, 2012 • Timken Co • Ball & roller bearings
The Timken Company (the “Company”) pursuant to its 2011 Long-Term Incentive Plan (the “Plan”) has this day granted to you, the above-named grantee, a total of Common Shares of the Company (“Common Shares”) subject to the following terms, conditions, limitations and restrictions:
