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EXHIBIT 10.19(b)
John F. Lundgren
Chief Executive Officer
1000 Stanley Drive, New Britain, CT 06053
T (860) 827-3851
Inter-Office Correspondence
To: <NAME>
From: John Lundgren
Subject: <DATE RANGE> Long-Term Incentive Program
Date: <DATE1>
Dear <NAME>,
It is my pleasure to congratulate you for being selected to participate in the Long Term
Performance Award Program (the “Program”) under The Stanley Black & Decker 2013 Long-
Term Incentive Plan. This Program is intended to provide substantial, equity-based awards for
specified full-time members of our senior executive team, provided specific Corporate goals are
achieved during the Program’s <NUMBER> month measurement period (<DATE RANGE>).
In conjunction with our short-term incentive compensation program (MICP) and our equity award
program, the Program is an important element of your total compensation package, and provides
a strong additional incentive to continue increasing shareholder value.
Bonus Opportunity
Each participant will have an opportunity to earn a number of Performance Shares (PS) based
upon achievement of corporate financial goals, and may earn additional performance shares if the
corporate financial goals are exceeded. Each PS unit represents one share of Stanley Black &
Decker Common Stock and, accordingly, the potential value of a participant’s performance award
under the Program may change as our stock price changes.
Each participant is allocated a threshold, target and maximum number of PS units based upon
assigned percentages of his or her annual base salary at the rate in effect as of <DATE2>. The
initial value of each PS unit is $<AMOUNT>, the average of the high and low price of a share of
company common stock on <DATE3>.
Your performance award covers the following number of PS units: