0001193125-14-046910 Sample Contracts

KEY MANAGEMENT SEVERANCE AGREEMENT
Key Management Severance Agreement • February 12th, 2014 • Owens Corning • Abrasive, asbestos & misc nonmetallic mineral prods • Ohio

This Severance Agreement (the “Agreement”) is made as of <<Date>> by and between OWENS CORNING, a Delaware corporation and its subsidiaries (the “Company”), and «FirstName» «MI» «LastName», an officer of the Company (“Executive”).

AutoNDA by SimpleDocs
OWENS CORNING 2013 STOCK PLAN DEFERRED STOCK UNIT AWARD AGREEMENT
Corning 2013 Stock Plan • February 12th, 2014 • Owens Corning • Abrasive, asbestos & misc nonmetallic mineral prods • Delaware

OWENS CORNING, a Delaware corporation (the “Company”), will grant to [Participant Name] (the “Holder”), effective January 1, 2014, pursuant to the provisions of the Owens Corning 2013 Stock Plan (the “Plan”), certain deferred stock units (the “Units”) relating to shares of the Company’s Common Stock, $0.01 par value (“Stock”), upon and subject to the restrictions, terms and conditions set forth below (the “Award”). The Units reflect: (1) the Holder’s election to defer receipt of shares granted to the Holder for service as a Non-Employee Director; and (2) the Holder’s election to receive the Units in lieu of all or part of the Holder’s cash retainer and meeting fees that would otherwise be payable to the Holder for the Holder’s service as a Non-Employee Director. The Units that become subject to this Award shall be determined and granted to the Holder as of each date during 2014 on which shares of Stock or cash would have otherwise been issued or paid to the Holder if the Holder had not

AWARD AGREEMENT pursuant to the OWENS CORNING RESTRICTED STOCK UNIT AWARD
Award Agreement • February 12th, 2014 • Owens Corning • Abrasive, asbestos & misc nonmetallic mineral prods • Delaware

OWENS CORNING, a Delaware corporation (the “Company”), hereby grants to [Participant Name] (the “Holder”), as of [Grant Date] ( the “Grant Date”), pursuant to the provisions of the Owens Corning 2010 Stock Plan (the “Plan”), [Number of Shares Granted] restricted stock units (the “Units”) relating to shares of the Company’s Common Stock, $0.01 par value (“Stock”), upon and subject to the restrictions, terms and conditions set forth below (the “Award”). Each Unit shall provide for the issuance and transfer to the Holder of one share of Stock upon the lapse of the restrictions set forth in Section 1 hereof. Upon issuance and transfer of the shares of Stock subject to the Units following the lapse of the Restriction Period, the Holder shall have all rights incident to ownership of such shares, including but not limited to voting rights and the right to receive dividends. References to employment by the Company shall also mean employment by a Subsidiary. Capitalized terms not defined herein

AWARD AGREEMENT pursuant to the OWENS CORNING OPTION AWARD
Term Incentive Program • February 12th, 2014 • Owens Corning • Abrasive, asbestos & misc nonmetallic mineral prods • Delaware

OWENS CORNING, a Delaware corporation (the “Company”), hereby grants to [Participant Name] (the “Holder”), as of [Grant Date] ( the “Grant Date”), pursuant to the provisions of the Owens Corning 2010 Stock Plan (the “Plan”), a non-qualified option to purchase from the Company (the “Option”) [Number of Shares Granted] shares of its Common Stock, $0.01 par value (“Stock”), with an exercise price equal to [Grant Price] per share of Stock, which shall expire on the tenth anniversary of the Grant Date, upon and subject to the terms and conditions set forth below (the “Award”). References to employment by the Company shall also mean employment by a Subsidiary. Capitalized terms not defined herein shall have the meanings specified in the Plan.

AWARD AGREEMENT pursuant to the OWENS CORNING RESTRICTED STOCK AWARD
Award Agreement • February 12th, 2014 • Owens Corning • Abrasive, asbestos & misc nonmetallic mineral prods • Delaware

OWENS CORNING, a Delaware corporation (the “Company”), hereby grants to [Participant Name] (the “Holder”), as of [Grant Date] ( the “Grant Date”), pursuant to the provisions of the Owens Corning 2010 Stock Plan (the “Plan”), a restricted stock award (the “Award”) of [Number of Shares Granted] shares of the Company’s Common Stock, $0.01 par value (“Stock”), upon and subject to the restrictions, terms and conditions set forth below. References to employment by the Company shall also mean employment by a Subsidiary or Affiliate. Capitalized terms not defined herein shall have the meanings specified in the Plan.

Time is Money Join Law Insider Premium to draft better contracts faster.