Ohio
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0-16148
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31-1125853
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(STATE OR OTHER JURISDICTION OF INCORPORATION)
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(COMMISSION FILE NUMBER)
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(IRS EMPLOYER IDENTIFICATION NO.)
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4053 Clough Woods Dr., Batavia, Ohio
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45103
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
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(ZIP CODE)
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Registrant's telephone number,
including area code
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(513) 381-1480
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□ | Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
□ | Soliciting Material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
□ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
□ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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An annual base salary of $400,000, subject to annual review by the Compensation and Organization Development Committee of the Board of Directors (the "Compensation Committee");
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Eligibility to participate in the Company's annual management incentive compensation program, with a bonus target of 65% of annual base salary and a bonus range between 32.5% and 97.5% of annual base salary; and
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Restricted stock grants having a value of $100,000 on an annual basis, subject to vesting and such other terms as the Board or its committees may determine from time to time.
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An annual base salary of $600,000, subject to annual review by the Compensation Committee;
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Eligibility to participate in the Company's annual management incentive compensation program, with a bonus target of 75% of annual base salary and a bonus range between 37.5% and 112.5% of annual base salary;
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Restricted stock or stock option grants as may be determined by the Board or its committees from time to time;
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Eligibility to participate in all savings and retirement plans to the extent applicable generally to other executives of the Company, including 401(k) retirement savings;
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Eligibility to participate in the Company's welfare, fringe, incentive and other similar benefit plans to the extent applicable generally to other executives of the Company; and
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A monthly automobile allowance.
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An annual base salary of $400,000, subject to annual review by the Compensation Committee;
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Eligibility to participate in the Company's annual management incentive compensation program, with a bonus target of 50% of annual base salary and a bonus range between 25% and 75% of annual base salary;
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Restricted stock or stock option grants as may be determined by the Board or its committees from time to time;
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Eligibility to participate in all savings and retirement plans to the extent applicable generally to other executives of the Company, including 401(k) retirement savings;
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Eligibility to participate in the Company's welfare, fringe, incentive and other similar benefit plans to the extent applicable generally to other executives of the Company; and
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A monthly automobile allowance.
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The Company will pay the executive officer's annual base salary (or, with respect to Mr. Buse, the accrued wages) through the date of termination;
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The Company will pay to the executive officer any previously deferred compensation and any other non-qualified benefit plan balances in accordance with the terms of deferral or the other non-qualified plan;
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In the case of Rodato and Buse, the Company will pay an amount equal to one times the executive officer's annual base salary, paid in accordance with the Company's regular payroll processing cycle, subject to the provisions of the agreements related to the Separation Pay Exemption Amount;
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Except as prohibited in the applicable option/incentive plans, all outstanding stock option and restricted stock awards held by the executive officer will become immediately exercisable and/or vested, each non-qualified stock option shall remain exercisable through the latest date upon which it could have expired by its original terms, and each incentive stock option shall remain exercisable for 90 days; and
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The Company will continue to provide the benefits to executive officer and/or his family that would have been provided to them in accordance with the Company's welfare plans, programs, practices and policies for specified periods after the date of termination.
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MULTI-COLOR CORPORATION
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Date: December 30, 2015
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By: /s/ Sharon E. Birkett
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Name: Sharon E. Birkett
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Title: Vice President, Chief Financial Officer, Secretary
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