Schedule of special achievement awards to certain named executive officers
Exhibit 10.1
Schedule of special achievement awards to certain named executive officers
2004 SPECIAL AWARDS
Background
From time to time unusual events merit awards for outstanding individual performance outside of the short-term incentive plan. Special events such as restructurings, mergers and acquisitions or comprehensive programs have been the basis for special recognition in the past.
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2004 SPECIAL AWARDS
INTEGRIS ACQUISITION | |||||
n Neil S. Novich CEO, President & Chairman
| 15,000
| shares of restricted stock 100% vesting after 3 years
| |||
n Jay Gratz EVP & CFO
| 6,700
| shares of restricted stock 100% vesting after 3 years
| |||
SAP IMPLEMENTATION | |||||
n Gary Niederpruem EVP
| 5,000
| shares of restricted stock 100% vesting after 3 years
| |||
J & F ACQUISITION | |||||
n Jay Gratz EVP & CFO
| 10,000
| shares of restricted stock 100% vesting after 3 years
| |||
REFINANCING | |||||
n Jay Gratz EVP & CFO | $ | 127,500 | cash |