Exhibit 10.2
Date
PERSONAL & CONFIDENTIAL
Name
Department
Subject: Notice of Stock Option Adjustments
Dear xx,
On Date, you received the following Stock Option grant under the Company's 2006 Long-Term
Incentive Plan.
Stock Option Grant
Exercise Price - $xx.xx per share
Number of Shares Date Exercisable
xxx Date1
xxx Date2
xxx Date3
x,xxx
Under the terms of the Plan, the Management Development and Compensation Committee of the Board
of Directors is required to make equitable adjustmen ts to Stock Option grants if there is a change in the
capital structure of the Company. As a result of the $4.50 special cash dividend declared by the Board of
Directors on February 25, 2008, your Stock Option grant has been adjusted. The exercise price has been
reduced by $x.xx per share and the number of Stock Options has been increased. Your grant is now as
follows:
Adjusted Grant
Exercise Price - $xx.xx per share
Number of Shares Date Exercisable
xxx Date1
xxx Date2
xxx Date3
x,xxx
&n bsp;
All other terms and conditions of your Stock Option grant are unchanged. You should file this Notice of
Stock Option Adjustments with your original grant documents.
Please call Vice President- Compensation & Benefits if you have questions.
Sincerely,
Senior Vice President, Human Resources
SCHEDULE OF OFFICERS
M. D. Lockhart
Original number of
shares granted in October 2006
subject to options: 225,000 Original exercise price: $38.42
Adjusted number of
shares subject to options: 236,565 Adjusted exercise price: $29.37
Original number of
shares granted in February 2008
subject to options: 110,370 Original exercise price: $34.00
Adjusted number of
shares subject to options: 131,904 Adjusted exercise price: $28.45
F. Nicholas Grasberger III
Original number of
shares granted in October 2006
subject to options: 124,200 Original exercise price: $38.42
Adjusted number of
shares subject to options: 130,584 Adjusted exercise price: $29.37
Stephen. J. Senkowski
Original number of
shares granted in October 2006
subject to options: 165,600 Original exercise price: $38.42
Adjusted number of
shares subject to options: 174,112 Adjusted exercise price: $29.37
Frank J. Ready
Original number of
shares granted in October 2006
subject to options: 82,800 Original exercise price: $38.42
Adjusted number of
shares subject to options: 87,056 Adjusted exercise price: $29.37
John N. Rigas
Original number of
shares granted in October 2006
subject to options: 82,800 Original exercise price: $38.42
Adjusted number of
shares subject to options: 87,056 Adjusted exercise price: $29.37
Donald L. McCunniff
Original number of
shares granted in October 2006
subject to options: 82,800 &nbs p; Original exercise price: $38.42
Adjusted number of
shares subject to options: 87,056 Adjusted exercise price: $29.37
William C. Rodruan
Original number of
shares granted in October 2006
subject to options: 30,000 Original exercise price: $38.42
Adjusted number of
shares subject to options: 31,542 Adjusted exercise price: $29.37
