Supercuts 2004 Annual Report Download - page 117

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- ii -
Page
ARTICLE IV SHARES SUBJECT TO PLAN
7
4.1 Number of Shares
7
4.2 Release of Shares
7
4.3 Restrictions on Shares
8
4.4 Shareholder Rights
8
4.5 Effect of Certain Changes
8
ARTICLE V ELIGIBILITY
9
5.1 Eligibility
9
ARTICLE VI STOCK OPTIONS
9
6.1 General
9
6.2 Grant
9
6.3 Terms and Conditions
9
6.4 Termination by Reason of Death
10
6.5 Termination by Reason of Disability
11
6.6 Other Termination
11
ARTICLE VII STOCK APPRECIATION RIGHTS
11
7.1 General
11
7.2 Grant
11
7.3 Terms and Conditions
11
ARTICLE VIII RESTRICTED STOCK
12
8.1 General
12
8.2 Grant, Awards and Certificates
12
8.3 Terms and Conditions
13
ARTICLE IX PERFORMANCE AWARDS
14
9.1 General
14
9.2 Earning Performance Unit Awards
14
9.3 Termination of Employment Due to Death, Disability or Retirement or at the Request of the
Company without Cause
14
9.4 Nontransferability
14
9.5 Election to Defer
14
ARTICLE X CHANGE IN CONTROL PROVISIONS
15
10.1 Impact of Event
15
10.2 Additional Discretion
15