Exhibit 10.1 ------------------------------------------------------------------ ----------------------------------------------------- Novelis Founders Performance Award - Brian Sturgell --------------------------------------------...Performance Award Agreement • March 20th, 2006 • Novelis Inc. • Rolling drawing & extruding of nonferrous metals
----------------------------------------------------------------------------------------------------------------------- Initial Price - March 24 $21.82 - NYSE Closing Price on March 24, 2005 ----------------------------------------------------------------------------------------------------------------------- 8% Increase Price $23.57 - Tranche #1 ----------------------------------------------------------------------------------------------------------------------- 16% Increase Price $25.31 - Tranche #2 ----------------------------------------------------------------------------------------------------------------------- 25% Increase Price $27.28 - Tranche #3 -----------------------------------------------------------------------------------------------------------------------
Exhibit 10.5 ------------------------------------------------------------------ -------------------------------------------------------- Novelis Founders Performance Award - Pierre Arseneault -----------------------------------------...Performance Share Unit Agreement • March 20th, 2006 • Novelis Inc. • Rolling drawing & extruding of nonferrous metals
-------------------------------------------------------------------------------------------------------------------------- Initial Price - March 24 $21.82 - NYSE Closing Price on March 24, 2005 -------------------------------------------------------------------------------------------------------------------------- 8% Increase Price $23.57 - Tranche #1 -------------------------------------------------------------------------------------------------------------------------- 16% Increase Price $25.31 - Tranche #2 -------------------------------------------------------------------------------------------------------------------------- 25% Increase Price $27.28 - Tranche #3 --------------------------------------------------------------------------------------------------------------------------
