WALGREEN CO - FORM 10-K - EX-10.11 - FORM OF AMENDMENT TO STOCK OPTION AWARD AGREEMENTS - October 20, 2014

Attached files

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EXCEL - IDEA: XBRL DOCUMENT - WALGREEN COFinancial_Report.xls
EX-2.3 - AGREEMENT AND PLAN OF MERGER, DATED OCTOBER 17, 2014, BY AND AMONG WALGREEN CO., WALGREENS BOOTS ALLIANCE, INC. AND ONTARIO MERGER SUB, INC. - WALGREEN COexhibit_2-3.htm
EX-31.1 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 - WALGREEN COexhibit_31-1.htm
EX-10.36 - AMENDMENT NUMBER TWO TO THE WALGREEN CO. EXECUTIVE DEFERRED PROFIT-SHARING PLAN - WALGREEN COexhibit_10-36.htm
EX-10.1 - WALGREEN CO. MANAGEMENT INCENTIVE PLAN (AS AMENDED AND RESTATED EFFECTIVE JULY 1, 2014) - WALGREEN COexhibit_10-1.htm
EX-23.2 - CONSENT OF KPMG LLP - WALGREEN COexhibit_23-2.htm
EX-23.3 - CONSENT OF KPMG LLP - WALGREEN COexhibit_23-3.htm
EX-31.2 - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 - WALGREEN COexhibit_31-2.htm
EX-32.1 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 - WALGREEN COexhibit_32-1.htm
EX-23.1 - CONSENT OF DELOITTE & TOUCHE LLP - WALGREEN COexhibit_23-1.htm
EX-32.2 - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 - WALGREEN COexhibit_32-2.htm
10-K - WALGREEN COform10k08312014.htm
EX-21 - SUBSIDIARIES OF THE REGISTRANT - WALGREEN COexhibit_21.htm
EX-12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - WALGREEN COexhibit_12.htm
                                                                                                                   
EXHIBIT 10.11
 
Amendment to Stock Option Agreements

This document constitutes an amendment to all outstanding Walgreen Co. stock option agreements (the "Agreements") under the Walgreen Co. Executive Stock Option Plan (the "Stock Option Plan") and the 2013 Omnibus Incentive Plan (the "Omnibus Plan") but only to the extent of the following with respect to each of the Agreements:

·
An Agreement shall only be amended if the Employee holding the underlying stock option has not incurred a Termination of Employment or Termination of Service, as defined in the applicable Agreement and Plan, prior to the September 1, 2014 effective date of this Amendment; and
·
This Amendment shall only apply to an Agreement to the extent that the revised terms and conditions below are more favorable to the Employee than the existing terms and conditions of the Agreement.

Amendment Terms and Conditions:

The provision of each Agreement is amended by modifying the paragraph covering treatment of the stock option upon other Termination of Employment under the Stock Option Plan or other Termination of Service under the Omnibus Plan, as follows:

1.
The Option shall remain exercisable for the 60-day period immediately following such Termination of Employment or Service, but only to the extent that:

a.
such Termination of Employment or Service is involuntary and without Cause; and
b.
such stock option is otherwise vested and exercisable upon such Termination of Employment or Service in accordance with the terms of the Agreement; and

In addition, in no event shall the stock option be exercisable beyond its 10-year expiration date.

2.
For purposes of the above, "Cause" shall be as defined in the Agreement, or if not defined in the Agreement, then Cause shall be as defined in Section 3.07 of the Omnibus Plan.

Each Agreement shall remain unchanged in all other respects.


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