Extension Letter Agreement between The Scotts Miracle-Gro Company and Patrick Norton (October 25, 2005)
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Summary
The Scotts Miracle-Gro Company has extended its letter agreement with Patrick Norton until January 31, 2006. This extension, approved by the company's Compensation & Organization Committee, ensures that Mr. Norton’s 10,000 stock options granted on January 28, 2005, will vest. The letter confirms the new end date and invites Mr. Norton to discuss any questions he may have.
EX-10.3 4 l17433aexv10w3.htm EX-10.3 EX-10.3
EXHIBIT 10.3
[The Scotts Miracle-Gro Company Letterhead]
Denise Stump
Executive Vice President, Human Resources Global
Executive Vice President, Human Resources Global
October 25, 2005
Mr. Patrick Norton
[Address]
[Address]
Re: Extension of Letter Agreement through 1/31/06
Dear Patrick:
As you are aware, the Compensation & Organization Committee of the Board of Directors approved, at the October 12, 2005 Committee meeting, an extension of your Letter Agreement. The Letter Agreement now concludes effective 1/31/06. This extension will allow for the vesting of your 10,000 stock options granted on 1/28/05.
Please let me know if you would like to discuss this further, or if you have any additional questions.
Sincerely,
/s/ Denise
Denise Stump
