Mr. Derek Bristow Via Delle Viole 4c Santa Maria Di Negrar Verona Italy Houston, Texas USA, 6 July 2005 Re.: Extension of and Modification to agreement dated 18 July 2003 Dear Mr. Bristow:Ico Inc • August 12th, 2005 • Plastics products, nec
We are happy to confirm to you that our Company wishes to continue your appointment in the position of Managing Director of ICO Polymers Italy Srl (formerly known as Verplast Srl) (“ICO Polymers Italy”), our Italian subsidiary, and as a Managing Director of ICO Europe BV, and on behalf of ICO, Inc. as the Group President of ICO, Inc.’s European division, ICO Europe.
SEPARATION AGREEMENT AND RELEASESeparation Agreement and Release • August 12th, 2005 • Ico Inc • Plastics products, nec • Texas
This Separation Agreement and Release (“Agreement”) is made and entered into by and between ICO, Inc. and ICO Polymers North America, Inc., both of which having corporate offices at 5333 Westheimer, Suite 600, Houston, Texas 77056 (collectively, “Company”), and David J. Phillips, with a residence address of 34 Constellation Wharf, Boston, Massachusetts 02129 (“Employee”).
Summary Information Employee: Name Location: xx Date of Grant: ___, 20__ ESOP: 19__ Exercise Price: $x.xx/Share Expiration: earlier of xxx or 3 months post termination Total # Shares subject to grant: xxx Vesting: xxx Shares vest on ____, 20__Incentive Stock Option Agreement • August 12th, 2005 • Ico Inc • Plastics products, nec • Texas
