PERFORMANCE UNIT AGREEMENTPerformance Unit Agreement • September 9th, 2005 • WMS Industries Inc /De/ • Miscellaneous manufacturing industries • Delaware
This Performance Unit Agreement (the “Performance Unit Agreement”) will evidence the grant to you on the Grant Date above approved by the Compensation Committee of the Board of Directors of WMS Industries Inc. (the “Company”) and ratified by the Board of Directors of «Units» units (the “Units”) under the Company’s 2005 Incentive Plan (the “Plan”). These Units are issued in accordance with and is subject to and conditioned upon all of the terms and conditions of this Performance Unit Agreement and the Plan as amended from time to time, provided, however, that no future amendment or termination of the Plan shall, without your consent, alter or impair any of your rights or obligations under the Plan, all of which are incorporated by reference in this Performance Unit Agreement as if fully set forth herein.
STOCK OPTION AGREEMENTStock Option Agreement • September 9th, 2005 • WMS Industries Inc /De/ • Miscellaneous manufacturing industries • Delaware
This Stock Option Agreement (the “Option Agreement”) will evidence the grant to you on the Grant Date above by the Compensation Committee of the Board of Directors of WMS Industries Inc. (the “Company”) of an option pursuant to the Company’s 2005 Incentive Plan (the “Plan”) to purchase shares of the common stock of the Company (the “Option”). Under applicable provisions of the Internal Revenue Code of 1986, as amended, the Option is treated as a non-qualified stock option.
RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • September 9th, 2005 • WMS Industries Inc /De/ • Miscellaneous manufacturing industries • Delaware
WMS Industries Inc., a Delaware corporation (the “Company”), hereby grants to «Name» (the “Grantee”, also referred to herein as “you”) shares of its common stock, par value $.50 per share (the “Stock”), pursuant to the attached Restricted Stock Agreement and the 2005 Incentive Plan (the “Plan”).
