Common Stock Appreciation Rights Agreement Sample Contracts

August 30, 2002 To our Clients: Pursuant to the Common Stock Appreciation Rights Agreement (the "Equity Rights Agreement"), dated as of May 9, 1995, between Terex Corporation (the "Company") and The Bank of New York (formerly United States Trust...
Common Stock Appreciation Rights Agreement • October 4th, 2002 • Terex Corp • Industrial trucks, tractors, trailors & stackers

Pursuant to the Common Stock Appreciation Rights Agreement (the "Equity Rights Agreement"), dated as of May 9, 1995, between Terex Corporation (the "Company") and The Bank of New York (formerly United States Trust Company of New York ("U.S. Trust")), as rights agent (the "Agent"), the Common Stock Appreciation Rights (the "Equity Rights") which you own expired on May 15, 2002 (the "Expiration Date"). Since you did not exercise the Equity Rights you owned prior to the Expiration Date, you may no longer exercise the Equity Rights.

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