Since 1897 December 31, 2010Letter Agreement • March 11th, 2011 • Smucker J M Co • Canned, fruits, veg, preserves, jams & jellies • Ohio
The purpose of this letter agreement (“Agreement”), together with the identical agreement that your brother is signing separately, is to preserve the value of your family’s historical involvement in the business and affairs of the Company in the event of your Separation from Service and this Agreement has been entered into with you in your capacity as an officer and employee of the Company. This Agreement evidences your commitment to maintain your public representations of the Company for at least three years after Separation from Service, in consideration for the compensation described below, subject to the terms and conditions set forth in this Agreement. This Agreement is a complete amendment and restatement, effective as of January 1, 2009, of the letter agreement between you and the Company dated May 1, 2002, as amended and restated effective January 1, 2005, in order to more fully assure that the Agreement is in compliance with the provisions of Internal Revenue Code Section (“IR
OMNIBUS AMENDMENT TO RESTRICTED STOCK AGREEMENTS FOR FOLGERS EMPLOYEESRestricted Stock Agreements • March 11th, 2011 • Smucker J M Co • Canned, fruits, veg, preserves, jams & jellies
Clause (ii) of Section 3(b) of the Restricted Stock Agreements for the Restricted Stock granted in June 2009 (other than the Restricted Stock granted in June 2009 to the LTD Employees) and June 2010 is amended in its entirety to read as follows:
