PolyOne Corporation Notice of Award of Common Stock to William F. Patient (March 29, 2005)
PolyOne Corporation has granted William F. Patient an award of 10,000 shares of its common stock as of March 29, 2005, under the company's 1999 Incentive Stock Plan. With this award, Mr. Patient immediately receives all shareholder rights for these shares, including voting rights and the right to receive dividends. The award was approved by the Compensation and Governance Committee of PolyOne's Board of Directors.
Exhibit 10.1
POLYONE CORPORATION
NOTICE OF AWARD
Common Stock, Par Value $0.01 per Share
To: | William F. Patient | |
From: | PolyOne Corporation | |
Date: | March 29, 2005 | |
Re: | Award of Shares of Common Stock |
On March 28, 2005, PolyOne Corporation (PolyOne) approved an award of 10,000 shares of Common Stock, par value $0.01 per share (Common Shares) to be granted to you on March 29, 2005. This award of Common Shares was granted to you by the Compensation and Governance Committee of PolyOnes Board of Directors, under PolyOnes 1999 Incentive Stock Plan. As of the date hereof, you will have all of the rights of a shareholder with respect to the Common Shares awarded, including the right to vote the Common Shares and receive any dividends that may be paid thereon.
Please keep this Notice of Award for your records. If you have any questions about this grant, please call Wendy C. Shiba (Vice President, Chief Legal Officer and Secretary) at ###-###-####.
Acknowledged this 29th day of March, 2005.
/s/ Kenneth M. Smith
Kenneth M. Smith
Vice President, Chief Information and
Human Resources Officer