SYBRON DENTAL SPECIALTIES, INC. 2005 LONG-TERM INCENTIVE PLANExecutive Compensation Plan Agreement |
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Exhibit 10.2
SYBRON DENTAL SPECIALTIES, INC.
2005 LONG-TERM INCENTIVE PLAN
i
SYBRON DENTAL SPECIALTIES, INC.
2005 LONG-TERM INCENTIVE PLAN
TABLE OF CONTENTS
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PAGE |
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ARTICLE 1 |
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ESTABLISHMENT, PURPOSE AND DURATION |
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1 |
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1.1 |
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Establishment of the Plan and Effective Date |
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1 |
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1.2 |
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Purpose of the Plan |
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1 |
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1.3 |
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Duration of the Plan |
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1 |
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ARTICLE 2 |
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DEFINITIONS |
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1 |
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ARTICLE 3 |
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ADMINISTRATION |
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3 |
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3.1 |
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The Committee |
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3 |
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3.2 |
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Authority of the Committee |
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3 |
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3.3 |
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Decisions Binding |
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3 |
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ARTICLE 4 |
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SHARES SUBJECT TO THE PLAN |
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3 |
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4.1 |
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Number of Shares |
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3 |
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4.2 |
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Lapsed Awards |
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3 |
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4.3 |
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Adjustments in Authorized Shares |
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3 |
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ARTICLE 5 |
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ELIGIBILITY AND PARTICIPATION |
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3 |
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5.1 |
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Eligibility |
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3 |
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5.2 |
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Actual Participation |
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4 |
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ARTICLE 6 |
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STOCK OPTIONS |
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4 |
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6.1 |
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Grant of Options |
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4 |
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6.2 |
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Award Agreement |
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4 |
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6.3 |
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Option Price |
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4 |
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6.4 |
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Duration of Options |
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4 |
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6.5 |
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Exercise of Options |
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4 |
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6.6 |
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Payment |
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4 |
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6.7 |
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Restrictions on Share Transferability |
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4 |
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6.8 |
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Termination of Employment |
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4 |
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6.9 |
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Termination for Cause |
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5 |
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6.10 |
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Non-transferability of Options |
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5 |
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ARTICLE 7 |
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CHANGE IN CONTROL |
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5 |
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ARTICLE 8 |
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AMENDMENT, MODIFICATION, AND TERMINATION |
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5 |
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8.1 |
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Amendment, Modification and Termination |
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5 |
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8.2 |
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Awards Previously Granted |
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5 |
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