NON-QUALIFIED STOCK OPTION AGREEMENT - 2002Non-Qualified Stock Option Agreement • April 29th, 2003 • LSB Industries Inc • Industrial inorganic chemicals • Delaware
This Non-Qualified Stock Option Agreement ("Option Agreement") made the 7th day of November, 2002, between LSB Industries, Inc., a Delaware corporation, hereinafter called the "Company", and John J. Bailey, Jr., hereinafter called "Optionee". In consideration of the mutual covenants and conditions, the parties agree as follows: 1. Recitations. The Company or its Subsidiary (as defined below) is presently employing the Optionee as its employee and considers it desirable and in its best interest that Optionee be given an inducement to acquire an initial or additional proprietary interest in the Company as an added incentive to advance the interest of the of the Company in the form of this non-qualified option to purchase certain shares of the Company's common stock, par value $.10 per share ("Common Stock"). The Board of Directors of the Company has adopted and granted this option on this 7th day of November, 2002. 2. Obligations. This Option Agreement shall not impose upon the Com
NON-QUALIFIED STOCK OPTION AGREEMENT William ManionNon-Qualified Stock Option Agreement • April 29th, 2003 • LSB Industries Inc • Industrial inorganic chemicals • Delaware
This Non-qualified Stock Option Agreement (the "Agreement") is made effective the 1st day of December, 2002, between LSB Industries, Inc., a Delaware corporation (the "Company"), and William Manion (the "Optionee"). In consideration of the mutual covenants and conditions set forth in this Agreement and for good and valuable consideration, the Company and the Optionee agree as follows.
NON-QUALIFIED STOCK OPTION AGREEMENT Claude RappaportNon-Qualified Stock Option Agreement • April 29th, 2003 • LSB Industries Inc • Industrial inorganic chemicals • Delaware
This Non-qualified Stock Option Agreement (the "Agreement") is made the 20th day of July, 2000, between LSB Industries, Inc., a Delaware corporation (the "Company"), and Claude Rappaport (the "Participant"). In consideration of the mutual covenants and conditions set forth in this Agreement and for good and valuable consideration, the Company and the Participant agree as follows. 1. Recitations. The Participant is a former employee and President of the Company's automotive businesses, prior to the sale of such businesses on May 4, 2000. As part of Mr. Rappaport's termination of employment with the Company, the Company desires to provide the Participant the opportunity to purchase certain shares of the Company's common stock, par value $.10 per share ("Common Stock"), pursuant to this Non-Qualified Stock Option Agreement. 2. Grant of Option. Subject to the terms and conditions of this Agreement, the Company hereby grants to the Participant the right, privilege and option to purcha
FIRST AMENDMENT TO EMPLOYMENT AGREEMENT BETWEEN JACK E. GOLSEN AND LSB INDUSTRIES, INC. DATED MARCH 21, 1996Employment Agreement • April 29th, 2003 • LSB Industries Inc • Industrial inorganic chemicals
WHEREAS, there is an Employment Agreement between Jack E. Golsen and LSB Industries, Inc., dated March 21, 1996 (the "Agreement"); and WHEREAS, such Agreement originally contained an expiration date of March 21, 2005; and WHEREAS, on February 7, 2002, the Board of Directors of LSB Industries, Inc. determined and resolved that, upon expiration of the Agreement on March 21, 2005, there should be an extension of the Agreement for three additional three-year terms, pursuant to the terms and conditions set forth in the Agreement; and WHEREAS, Jack E. Golsen and LSB Industries, Inc. have agreed to such extension of the Agreement. NOW, THEREFORE, LSB Industries, Inc. and Jack E. Golsen hereby agree to amend the Agreement as follows:
