EX-10.1
from 10-Q
10 pages
It Is My Pleasure to Congratulate You for Being Selected to Participate in the 2025 Management Incentive Compensation Plan (The “Micp”) Under the Stanley Black & Decker 2024 Omnibus Award Plan (The “Plan”). the Micp Is Intended to Provide Cash Awards to Micp Participants, Provided Specific Goals (“Performance Goals”) Are Achieved During the 2025 Fiscal Year (The “Measurement Period”). Capitalized Terms Used in This Award Letter, Including the Attached Management Incentive Compensation Plan Award Terms (The “Terms”, and Together With This Letter, This “Award Certificate”), but Not Defined Herein Shall Have the Meanings Given Them in the Plan, Unless the Context Clearly Requires Otherwise. Bonus Opportunity as a Participant, You (“You” or “Participant”) Will Have an Opportunity to Earn a Cash Award (“Micp Award”) Based on Your Current Level and the Achievement of the Performance Goals Established by the Committee. Your Bonus Payout May Also Be Adjusted Upward or Downward Based on Your Individual, Business, or Regional Performance During the Measurement Period as Determined Completely at the Committee’s [Or Company’s] Discretion. You Are Not Eligible for the Agm Kicker (+10 Points) Unless 2025 Sbd Tsr vs. S&P 500 Capital Goods Index Is at Least at Median
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EX-10.1
from 8-K
14 pages
Re: Agreement and General Release Dear John: Stanley Black & Decker, Inc. and Its Subsidiaries and Their Respective Employees, Officers, Directors and Agents (Collectively, “Stanley Black & Decker”, “Sbd” or the “Company”) and You Agree That: 1. Your Last Day of Employment With Stanley Black & Decker Will Be July 31, 2024 (“Last Day Worked”)
12/34/56
EX-10.1
from 8-K
3 pages
January 24, 2024 Donald Allan, Jr. Stanley Black & Decker, Inc. 1000 Stanley Drive New Britain, Connecticut 06053 Re: Amendment to Employment Agreement Dear Don: This Letter Amends Paragraphs 2 and 3 of Your Letter Agreement Dated May 31, 2022, With Stanley Black & Decker, Inc. (The “Company”). You and the Company Agree as Follows: • the First Bullet of Paragraph 2 Is Hereby Amended to Read: “Your Annual Salary Rate Will Be Increased to $1,3250,000, Effective January 1, 2024.” • the Second Bullet of Paragraph 2 Is Hereby Amended to Read
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