EXHIBIT 10.4
INTERNATIONAL SPECIALTY PRODUCTS INC.
2003 EXECUTIVE LONG TERM INCENTIVE PLAN AGREEMENT
"N" PLAN
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[Name]
[Address]
[ID]
Pursuant to the ISP 2003 Executive Long Term Incentive Plan (the "Plan"), you
are hereby awarded Incentive Units as follows:
Award No. [Number]
Award Date [Date]
Vesting Schedule 20% [Award Date +1 year]
40% [Award Date +2 years]
60% [Award Date +3 years]
80% [Award Date +4 years]
100% [Award Date +5 years]
Expiration Date [Award Date +10 years]
Total Number of Units Awarded [Number]
Book Value [$ . ]
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For International Specialty Products Inc. Date
