PERFORMANCE SHARE AND PERFORMANCE UNIT GRANT AGREEMENTPerformance Share and Performance Unit Grant Agreement • June 30th, 2005 • Handleman Co /Mi/ • Wholesale-durable goods, nec
Pursuant to Handleman Company’s 2004 Stock Plan (the “Plan”) and in consideration for the covenants as stated in Paragraph E of this Performance Share and Performance Unit Agreement (“Agreement”), Handleman Company (the “Corporation”) hereby grants you the right to receive shares (“shares”) of the Corporation’s common stock as well as cash-based performance units (“units”) upon the terms of this Agreement and the Plan, which may be amended from time to time, is made a part of and incorporated by reference into this Agreement and is available upon request.
