Addendum to Project Focus Performance Unit Award Agreement between The Scotts Miracle-Gro Company and Grantee
Contract Categories:
Human Resources
›
Bonus & Incentive Agreements
Summary
This addendum amends the Project Focus Performance Unit Award Agreement between The Scotts Miracle-Gro Company and the grantee. It retroactively deletes Section 9 of the original award agreement, effective from the grant date, while leaving all other terms unchanged. The addendum is part of the company's long-term incentive plan and is linked to changes in the grantee's total compensation approved in 2019. Both parties must sign and date the addendum for it to take effect.
EX-10.1 2 exhibit101smg2019-01x308xk.htm EXHIBIT 10.1 Exhibit
Exhibit 10.1
THE SCOTTS MIRACLE-GRO COMPANY
LONG-TERM INCENTIVE PLAN
ADDENDUM TO THE
PROJECT FOCUS PERFORMANCE UNIT AWARD AGREEMENT
For good and valuable consideration, including but not limited to incremental changes to the Grantee’s total compensation approved in 2019, the sufficiency of which is hereby acknowledged, you and the Company, agree to amend this Award Agreement as indicated below:
1. Section 9 of the Project Focus Award is deleted in its entirety, retroactive to the Grant Date.
2. The remainder of the Award Agreement shall remain unchanged.
[Grantee’s Name] | THE SCOTTS MIRACLE-GRO COMPANY |
By: __________________________________ | By: __________________________________ |
[Name of Company Representative] | |
Date Signed: ___________________________ | [Title of Company Representative] |
Date Signed: ___________________________ |
This addendum should be attached to the January 30, 2017 Project Focus Performance Unit Award Agreement.