Form of Stock Option Agreement for U.S. Based Employees AMERICAN STANDARD COMPANIES INC. STOCK OPTION GRANT Dated as of February 1, 2006Stock Option Agreement • February 24th, 2006 • American Standard Companies Inc • Air-cond & warm air heatg equip & comm & indl refrig equip
AMERICAN STANDARD COMPANIES INC., a Delaware corporation (“Grantor”), hereby grants to (“Participant”), an employee of Grantor or one of its subsidiaries, the option to purchase (“Option”), at the exercise price set forth below, a total of shares of Common Stock, par value $.01 per share (“Common Stock”), of the Grantor, pursuant to and subject to the terms and conditions set forth in the Grantor’s 2002 Omnibus Incentive Plan (the “Plan”) and to such further terms and conditions as are set forth below.
FIRST AMENDMENT dated as of November 30, 2005 (this “Amendment”), to the FIVE- YEAR CREDIT AGREEMENT dated as of July 7, 2005 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among AMERICAN STANDARD COMPANIES...Five-Year Credit Agreement • February 24th, 2006 • American Standard Companies Inc • Air-cond & warm air heatg equip & comm & indl refrig equip • New York
Generic Form of Stock Option Agreement for Non-U.S. Based Employees AMERICAN STANDARD COMPANIES INC. STOCK OPTION GRANT AGREEMENT FOR NON-U.S. EMPLOYEES Dated as of February 1, 2006Stock Option Agreement • February 24th, 2006 • American Standard Companies Inc • Air-cond & warm air heatg equip & comm & indl refrig equip
AMERICAN STANDARD COMPANIES INC., a Delaware corporation (“Grantor”), hereby grants to (“Participant”), an employee of Grantor or one of its subsidiaries, the option to purchase (“Option”), at the exercise price set forth below, a total of shares of Common Stock, par value $.01 per share (“Common Stock”), of the Grantor, pursuant to and subject to the terms and conditions set forth in the Grantor’s 2002 Omnibus Incentive Plan (the “Plan”) and to such further terms and conditions as are set forth below in this Stock Option Grant Agreement (the “Agreement). Unless otherwise defined herein, the terms defined in the Plan shall have the same meanings in this Agreement.
