Stock Option and Incentive Unit Cancellation Agreement between Executive and Graphic Packaging Corporation

Contract Categories: Human Resources › Separation Agreements
Summary

This agreement confirms that the executive's unvested stock options, restricted stock units, and incentive units previously granted by Graphic Packaging Corporation under various Riverwood Holding, Inc. incentive plans are canceled as of August 8, 2003. The executive acknowledges that Graphic Packaging Corporation has no further obligations regarding these canceled awards.

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EX-10.15 9 a03-5114_1ex10d15.htm EX-10.15

Exhibit 10.15

 

August 8, 2003

 

As of the date hereof, [the [          ] unvested stock options granted to me by Graphic Packaging Corporation under the Riverwood Holding, Inc. Stock Incentive Plan,] [the [          ] unvested stock options and [          ] unvested incentive units granted to me by Graphic Packaging Corporation under the Riverwood Holding, Inc. Supplemental Long-Term Incentive Plan, and] the [                    ] unvested stock options and [          ] unvested restricted stock units granted to me by Graphic Packaging Corporation under to the Riverwood Holding, Inc. 2002 Stock Incentive Plan are canceled. I acknowledge that Graphic Packaging Corporation has no further obligations to me with respect to these canceled options, canceled restricted stock units, and canceled incentive units.

 

 

 

 

 

Executive