As referenced in this Phantom Share Account Agreement:
Milacron Inc –
EX-10.3
PHANTOM SHARE ACCOUNT AGREEMENT
Performance
(Germany)
THIS AGREEMENT made in Cincinnati, Ohio this day of February, 2005, between Milacron Inc ., a
Delaware corporation (hereinafter called the “Company”) and
, a regular salaried employee of the Company or one
of its Subsidiaries (hereinafter called the “Employee”).
WITNESSETH:
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Milacron Inc – regular salaried employee of the Company or one
of its Subsidiaries (hereinafter called the “Employee”).
WITNESSETH:
Whereas, the Company desires to grant to the Employee phantom shares of Milacron Inc . common stock,
as hereinafter provided, in acknowledgement of the Employee’s value to the Company and to further
enable the Employee to participate in the long term growth
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MILACRON INC – this Agreement to be duly executed and the Employee has
hereunto set his or her hand, all as of the day and year first above written.
No of Shares:
—
MILACRON INC .
By:
EMPLOYEE ACKNOWLEDGES AND AGREES THAT THE RIGHT TO RECEIVE PAYMENTS PURSUANT TO THIS AGREEMENT IS
CONDITIONED UPON THE EMPLOYEE’S FUTURE PERFORMANCE OF SERVICES AND THE OTHER
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Milacron Inc – Share
Account Agreement shall be based on the Company’s Consolidated Cash Flow (as defined in the
Certificate of Designation of the 6% Series B Convertible Preferred Stock of Milacron Inc ., as
amended from time to time) and excluding certain extraordinary or special items approved by the
Committee (“EBITDA”).
2. Vesting of Account. At the end of the
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dt 1533914