ContractKey Executive Employment and Severance Agreement • February 22nd, 2007 • Bucyrus International Inc • Mining machinery & equip (no oil & gas field mach & equip) • Wisconsin
TIER 2 - BUCYRUS INTERNATIONAL, INC. KEY EXECUTIVE EMPLOYMENT AND SEVERANCE AGREEMENT THIS AGREEMENT, made and entered into as of the ___ day of ______, 2007, by and between BUCYRUS INTERNATIONAL, INC., a Delaware corporation (“Company”), and __________ (“Executive”). WITNESSETH: WHEREAS, the Executive is employed by the Company as a key executive officer, and the Executive’s services in such capacities are critical to the continued successful conduct of the business of the Company; WHEREAS, the Company recognizes that circumstances in which a change in control of the Company occurs, through acquisition or otherwise, are highly disruptive and will cause uncertainty about the Executive’s future employment with the Company without regard to the Executive’s competence or past contributions and that such uncertainty may materially adversely affect the Company; WHEREAS, the Company and the Executive are desirous that any proposal for a change in control or acquisition of the Company will be
ContractRestricted Share Award Agreement • February 22nd, 2007 • Bucyrus International Inc • Mining machinery & equip (no oil & gas field mach & equip) • Wisconsin
BUCYRUS INTERNATIONAL, INC. 2007 RESTRICTED SHARE AWARD AGREEMENT This 2007 RESTRICTED SHARE AWARD AGREEMENT (the “Agreement”), made as of the Award Date set forth in the Notice of Award of 2007 Restricted Shares (the “Notice”), by and between Bucyrus International, Inc., a Delaware corporation (the “Company”) and the undersigned individual (“Grantee”), sets forth the terms and conditions of the Restricted Share Award (the “Award”) described in the Notice. You must sign both the Agreement and the Notice in order for this Award to be effective. Please sign and date the Agreement and the Notice and return them promptly in the enclosed envelope. By accepting this Agreement and any shares of Class A common stock of the Company (“Company Stock”) issued pursuant to this Award, you acknowledge that you have received read and understand the terms of the Omnibus Incentive Plan 2007 (the “Plan”) and this Agreement, and accept this Agreement subject to all such terms and conditions. This Award pr
ContractEmployment Agreement • February 22nd, 2007 • Bucyrus International Inc • Mining machinery & equip (no oil & gas field mach & equip)
AMENDMENT TO EMPLOYMENT AGREEMENT This Agreement to Amend the Employment Agreement is made this ________ day of February, 2007 by and between Bucyrus International, Inc. (the “Company”) and Craig R. Mackus (the “Executive”). WHEREAS, on May 21, 1997, the Company and the Executive entered into an Employment Agreement (the “Employment Agreement”) with respect to the terms and conditions of the Executive’s employment with the Company, which Employment Agreement provides, among other items, severance payments if the Company terminates the Executive’s employment without cause or, following a change in control of the Company, if Executive resigns for good reason; WHEREAS, on February ____, 2007, the Company and the Executive entered into a Key Executive Employment and Severance Agreement (the “KEESA”) which provides Executive with certain severance benefits in the event he experiences a covered termination of employment upon or following a change in control of the Company; WHEREAS, the Compa
ContractStock Appreciation Rights Agreement • February 22nd, 2007 • Bucyrus International Inc • Mining machinery & equip (no oil & gas field mach & equip)
BUCYRUS INTERNATIONAL, INC. 2007 STOCK APPRECIATION RIGHTS AGREEMENT This 2007 STOCK APPRECIATION RIGHTS AGREEMENT (the “Agreement”), made as of the Award Date set forth in the Notice of Award of 2007 Stock Appreciation Rights (the “Notice”), by and between Bucyrus International, Inc., a Delaware corporation (the “Company”), and the undersigned individual (“Grantee”), sets forth the terms and conditions of the Stock Appreciation Rights Award (the “Award”) described in the Notice. You must sign both the Agreement and the Notice in order for the Award to be effective. Please sign and date the Agreement and the Notice and return them promptly in the enclosed envelope. By accepting this Agreement and any Stock Appreciation Rights issued pursuant to this Award, you acknowledge that you have read and understand the terms of the Omnibus Incentive Plan 2007 (the “Plan”) and this Agreement, and that you accept this Agreement subject to all such terms and conditions. This Award gives you the rig
ContractLetter Agreement • February 22nd, 2007 • Bucyrus International Inc • Mining machinery & equip (no oil & gas field mach & equip)
AMENDMENT TO LETTER AGREEMENT This Agreement to Amend the Letter Agreement is made this ________ day of February, 2007 by and between Bucyrus International, Inc. (the “Company”) and Timothy W. Sullivan (the “Executive”). WHEREAS, on July 27, 2004, the Company and the Executive entered into a Letter Agreement (the “Letter Agreement”) with respect to the terms and conditions of the Executive’s employment with the Company, which Letter Agreement provides, among other items, a severance payment for one year of the Executive’s base salary if the Company terminates the Executive’s employment without cause; WHEREAS, on February ____, 2007, the Company and the Executive entered into a Key Executive Employment and Severance Agreement (the “KEESA”) which provides Executive with certain severance benefits in the event he experiences a covered termination of employment upon or following a change in control of the Company; WHEREAS, the Company and the Executive desire to amend the Letter Agreement
