First Amendment to The Scotts Miracle-Gro Company Amended and Restated 2006 Long-Term Incentive Plan

THE SCOTTS MIRACLE-GRO COMPANY

/s/ Denise Stump

EVP, Global Human Resources

Summary

This amendment, effective January 20, 2010, modifies The Scotts Miracle-Gro Company's 2006 Long-Term Incentive Plan. It allows Award Agreements under the plan to define "Termination" differently for awards granted on or after this date, as long as the new definition does not extend the award's term beyond what is allowed by the plan or applicable laws. The amendment was executed by the company's Executive Vice President of Global Human Resources.

EX-10.1 2 c96728exv10w1.htm EXHIBIT 10.1 Exhibit 10.1

Exhibit 10.1

FIRST AMENDMENT TO
THE SCOTTS MIRACLE-GRO COMPANY
AMENDED AND RESTATED
2006 LONG-TERM INCENTIVE PLAN

WHEREAS, The Scotts Miracle-Gro Company (the “Company”) previously adopted the The Scotts Miracle-Gro Company Amended and Restated 2006 Long-Term Incentive Plan (the “Plan”); and

WHEREAS, subject to the limitations set forth in Article 18.1 of the Plan, the Company, through its Board of Directors, may amend the Plan and any Award Agreements (as defined in the Plan) without shareholder approval; and

WHEREAS, the Company desires to amend the Plan as provided herein to be effective as of the 20th day of January, 2010.

NOW THEREFORE, the Company hereby amends the Plan as follows:

Section 2.47 shall be amended by adding the following sentence at the end thereof:

Effective for Awards granted on or after January 20, 2010, an Award Agreement may specify a different definition of “Termination” or “Terminate,” that will apply to such Award Agreement; provided that no such different definition shall cause the term of the Award to which it relates to extend beyond the maximum possible term for such Award contemplated under the applicable provisions of this Plan and any applicable law, regulation or stock exchange rule.

IN WITNESS WHEREOF, the Company has caused this First Amendment to the Plan to be executed by its duly authorized officer effective as of the date first set forth above