PERFORMANCE UNIT AGREEMENTPerformance Unit Agreement • November 24th, 2014 • Ashland Inc. • Wholesale-chemicals & allied products
This Award is granted under, and subject to, all the terms and conditions of the Long-Term Incentive Plan Program Memorandum (“LTIP”) (Attachment 2) and the Plan, including, but not limited to, the forfeiture provision of Section 16(H) of the Plan. Based upon the attainment of the Performance Goals outlined in the LTIP, this Award of Performance Units will be paid to the Participant in shares of Ashland Common Stock, par value $0.01 per share (“Common Stock”) in _______________, 20___. Copies of the Plan and related Prospectus are available for your review on Fidelity’s website.
RESTRICTED STOCK UNIT AGREEMENTRestricted Stock Unit Agreement • November 24th, 2014 • Ashland Inc. • Wholesale-chemicals & allied products
Ashland Inc. (“Ashland”), hereby awards to the above-named Participant (hereinafter called the “Participant”) XXXXXX Restricted Stock Units (the “Award”) pursuant to the Amended and Restated 2011 Ashland Inc. Incentive Plan (hereinafter called the “Plan”), in order to provide the Participant with an additional incentive to continue his/her services to Ashland and to continue to work for the best interests of the Ashland. Each Restricted Stock Unit represents the contingent right (as set forth herein) of Participant to receive a share of Ashland Common Stock, par value $0.01 per share, on the Vesting Date.
RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • November 24th, 2014 • Ashland Inc. • Wholesale-chemicals & allied products
This Award will be evidenced by entry on the books of Ashland’s transfer agent, Wells Fargo Bank, N.A. Each entry in respect of shares of Restricted Stock shall be designated in the name of the Participant and shall bear the following legend:
Ashland Inc.Letter Agreement • November 24th, 2014 • Ashland Inc. • Wholesale-chemicals & allied products
This letter ("Letter Agreement") is intended to set forth the understanding between you and Ashland Inc. ("Ashland"), regarding your continued employment with, and future severance from, Ashland. With the pending departure of Jim O'Brien, Ashland's current CEO, in December of this year, Ashland considers the services you provide in your role as Chief Human Resources and Communications Officer to be essential to a successful transition for his successor. Because you have also expressed a desire to leave Ashland at the end of this year, Ashland would like to extend the following severance offer to you, in order to encourage your continued employment through this upcoming transition period.
