NAVISTAR INTERNATIONAL CORP - FORM 10-K - EX-10.104 - COMPENSATION COMMITTEE AND BOARD OF DIRECTORS - December 21, 2009

Attached files

file filename
10-K - FORM 10-K - NAVISTAR INTERNATIONAL CORPd10k.htm
EX-3 - ARTICLES OF INCORPORATION AND BY-LAWS - NAVISTAR INTERNATIONAL CORPdex3.htm
EX-4 - INSTRUMENTS DEFINING THE RIGHTS OF SECURITY HOLDERS, INCLUDING INDENTURES - NAVISTAR INTERNATIONAL CORPdex4.htm
EX-1 - UNDERWRITING AGREEMENT - NAVISTAR INTERNATIONAL CORPdex1.htm
EX-10 - MATERIAL CONTRACTS - NAVISTAR INTERNATIONAL CORPdex10.htm
EX-23 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - NAVISTAR INTERNATIONAL CORPdex23.htm
EX-21 - SUBSIDIARIES OF THE REGISTRANT - NAVISTAR INTERNATIONAL CORPdex21.htm
EX-24 - POWER OF ATTORNEY - NAVISTAR INTERNATIONAL CORPdex24.htm
EX-12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - NAVISTAR INTERNATIONAL CORPdex12.htm
EX-31.1 - CEO CERTIFICATION PURSUANT TO SECTION 302 - NAVISTAR INTERNATIONAL CORPdex311.htm
EX-31.2 - CFO CERTIFICATION PURSUANT TO SECTION 302 - NAVISTAR INTERNATIONAL CORPdex312.htm
EX-32.1 - CEO CERTIFICATION PURSUANT TO SECTION 906 - NAVISTAR INTERNATIONAL CORPdex321.htm
EX-32.2 - CFO CERTIFICATION PURSUANT TO SECTION 906 - NAVISTAR INTERNATIONAL CORPdex322.htm
EX-99.1 - ADDITIONAL FINANCIAL INFORMATION - NAVISTAR INTERNATIONAL CORPdex991.htm
EX-10.103 - LETTER DATED OCTOBER 20, 2009 TO WILLIAM A. CATON - NAVISTAR INTERNATIONAL CORPdex10103.htm

EXHIBIT 10.104

2010 Long-Term Incentive Equity Grants

On December 15, 2009 the Compensation Committee and Board of Directors approved the long-term incentive equity grants to those individuals set forth below in the amount and upon the terms and conditions set forth below.

General Terms of Grant:

 

  *  

Form of grant: A combination of stock option and restricted stock unit awards for executive officers and only stock options for non-employee directors.

 

  *  

Vesting: Both the stock option grant and the award of restricted stock units vest equally over a 3 year period.

 

  *  

Grant and expiration date: Grant date—December 15, 2009. Expiration date—December 15, 2016.

 

  *  

Exercise Price for Stock Options: $35.805.

 

  *  

Number of stock options and restricted stock units:

 

          Stock Option    RSU

Daniel C. Ustian, Chairman, President and CEO

    -    91,656    18,058

William A. Caton, formerly Executive Vice

President and Chief Risk Officer1

    -    0    0

Terry M. Endsley, formerly Executive Vice

President and Chief Financial Officer2

    -    0    0

Andrew J. Cederoth, Executive Vice President

and Chief Financial Officer

    -    31,959    10,000

Deepak T. Kapur, President—Truck Group

    -    31,959    6,297

Pamela J. Turbeville, formerly SVP & CEO

Navistar Financial Corporation3

    -    0    0

Steven K. Covey, SVP, General Counsel

and Chief Ethics Officer

    -    20,703    4,079

Each Non-Employee Director—4,000 stock options in accordance with their annual stock option grant.

 

1

Mr. Caton retired from the company effective October 31, 2009.

2

Mr. Endsley passed away on April 14, 2009.

3

Ms. Turbeville retired from the company effective January 31, 2009.

 

E-19

NAVISTAR INTERNATIONAL CORP Reports