Black & Decker 2015 Annual Report Download - page 135

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Threshold Target Max
% of Pay <VALUE1> <VALUE2> <VALUE3>
# PS <NUMBER1> <NUMBER2> <NUMBER3>
Performance awards will become vested at the time of settlement to the extent that the applicable
performance metrics have been achieved and provided the participant is continuously employed
by Stanley Black & Decker until such time, as more fully set forth in the enclosed Terms and
Conditions Applicable to Long Term Performance Awards.
Financial Measurements
The Corporate financial goals for this Program will consist of three metrics. Two absolute goals
(EPS and CFROI) and one relative goal (TSR) as set forth in the attached document.
Although this summary includes the key aspects of the Program, it is not intended to represent a
full accounting of the rules and regulations applicable to the Program and is subject to the terms
described in the Terms and Conditions Applicable to Long Term Performance Awards and The
Stanley Black & Decker 2013 Long-Term Incentive Plan (available on request), which together
with this document govern the Program.
If you have any questions, please call me, Jim Loree or Joe Voelker. Once again, thank you for
your continued support and congratulations on being selected to participate in this important
Program.
Best regards,