THE SCOTTS MIRACLE-GRO COMPANY AMENDED AND RESTATED 2006 LONG-TERM INCENTIVE PLAN RESTRICTED STOCK AWARD AGREEMENT FOR EMPLOYEES RESTRICTED STOCK GRANTED TO [Grantee’s Name] ON [Grant Date]
Exhibit 10(c)(1)
Form — France
RESTRICTED STOCK AWARD AGREEMENT FOR EMPLOYEES
RESTRICTED STOCK GRANTED
TO [Xxxxxxx’s Name] ON [Grant Date]
TO [Xxxxxxx’s Name] ON [Grant Date]
The Scotts Miracle-Gro Company (“Company”) believes that its business interests are best served by
ensuring that you have an opportunity to share in the Company’s business success. To this end, the
Company adopted The Scotts Miracle-Gro Company Amended and Restated 2006 Long-Term Incentive Plan
(“Plan”) through which key employees, like you, may acquire (or share in the appreciation of)
common shares, without par value, of the Company (“Shares”). Capitalized terms that are not
defined in this Award Agreement have the same meanings as in the Plan.
This Award Agreement describes the type of Award that you have been granted and the terms and
conditions of your Award. To ensure you fully understand these terms and conditions, you should:
- Read the Plan, this Award Agreement, and the Plan Prospectus, as supplemented, carefully; and
- Contact [Title] at [Telephone Number] if you have any questions about your Award. Or, you may
send a written inquiry to the address shown below:
Also, no later than [Date 30 Days After Grant Date], you must return a signed copy of this Award
Agreement to:
[Third Party Administrator]
Attention: [TPA Contact’s Name]
[TPA Contact’s Address]
Attention: [TPA Contact’s Name]
[TPA Contact’s Address]
[TPA Telephone Number]
Scotts RS Agreement — France
You have been granted [Number of Common Shares] Shares of Restricted Stock, subject to the terms
and conditions of the Plan and this Award Agreement. Until the Period of Restriction (as described
below) lapses, your Restricted Stock will be subject to a risk of forfeiture and you may not sell
or transfer your Shares of Restricted Stock. Your Restricted Stock will be held in escrow until it
is distributed or forfeited, as described below.
Subject to the terms of the Plan and this Award Agreement (including Section 3), the restrictions
imposed on your Restricted Stock normally will lapse if you are actively employed by the Company or
any Subsidiary or Affiliate on [Vesting Date] (the “Vesting Date”). If all applicable terms and
conditions have been satisfied, your Restricted Stock will be released from escrow and distributed
to you as soon as administratively practicable, but no later than 60 days, after the Vesting Date.
(a) YOU WILL FORFEIT YOUR RESTRICTED STOCK IF YOU TERMINATE. Normally, your Restricted Stock
will be settled on the Vesting Date. However, the Shares of Restricted Stock will be forfeited if
you Terminate for any reason before the Vesting Date. For purposes of this Award Agreement,
“Terminate” (or any form thereof) means the date of notification of the cessation of the
employee-employer relationship between you and the Company and all Affiliates and Subsidiaries for
any reason.
Scotts RS Agreement — France
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Company will keep your personal data in accordance with the rules set forth by Law No. 78-17, dated
January 6, 1978, related to “software, files and liberties” (the “Law”). The Company will also
take reasonable measures in order to protect your personal data and to observe the requirements set
forth by the Commission Nationale de l’Informatique et des Libertés. Pursuant to the Law,
you have the right to access, correct and request deletion of any of your personal data that is
inaccurate, incomplete, ambiguous, obsolete or whose collection, use, communication or conservation
is prohibited. You also understand that the Company and its Subsidiaries or Affiliates may
transfer such information to any third party administrators, regardless of whether such persons are
located within your country of residence, the European Economic Area or in countries outside of the
European Economic Area, including the United States of America, where the rules protecting such
data are less stringent than those applicable within the European Economic Area. You expressly
consent and agree to the collection, holding, use, disclosure, transfer in electronic or other
form, and processing of information relating to you and your participation in the Plan.
French translation:
Scotts RS Agreement — France
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forfeited):
(i) You may exercise any voting rights associated with the Shares of Restricted Stock
while it is held in escrow.
(ii) You will be entitled to receive any dividends paid with respect to the Shares of
Restricted Stock, although these dividends will be held in escrow and subject to the same
restrictions on transferability and forfeitability as the Shares of Restricted Stock with
respect to which they were paid under this Award Agreement. A reasonable rate of interest,
as determined by the Committee in its sole discretion, will be credited to you and held in
escrow during the Period of Restriction with respect to any such cash dividends that are
declared and paid during the period beginning on [Grant Date] and ending on the Vesting
Date. At the end of the Period of Restriction, any such dividends and interest thereon will
be distributed to you in accordance with Section 2 of this Award Agreement or forfeited,
depending on whether or not you have met the conditions described in this Award Agreement
and the Plan.
(i) GOVERNING LAW. This Award Agreement shall be governed by the laws of the State of Ohio,
excluding any conflicts or choice of law rule or principle that might otherwise refer construction
or interpretation of the Plan to the substantive law of another jurisdiction.
Scotts RS Agreement — France
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4. YOUR ACKNOWLEDGMENT OF AWARD CONDITIONS
By signing below, you acknowledge and agree that:
(a) Copies of the Plan and the Plan Prospectus have been made available to you;
(b) You understand and accept the terms and conditions of your Award; and
(c) You must return a signed copy of this Award Agreement to the address given above before
[Date 30 Days After Grant Date].
[Xxxxxxx’s Name] | THE SCOTTS MIRACLE-GRO COMPANY | |||||||||
By:
|
By: | |||||||||
Date signed: | [Name of Company Representative] | |||||||||
[Title of Company Representative] | ||||||||||
Date signed: | ||||||||||
Scotts RS Agreement — France
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