AIR PRODUCTS AND CHEMICALS, INC.
CORPORATE EXECUTIVE COMMITTEE
As Amended and Restated Effective as of January 1, 2008
PURPOSE AND TERM OF PLAN
Section 1.01 Purpose . Air Products and Chemicals, Inc. hereby establishes the Air Products and Chemicals,
Inc. Corporate Executive Committee Separation Program (the “Plan”) for the purpose of facilitating the planned
separations of Covered Executives (as defined below) and providing severance benefits to a Covered Executive.
Section 1.02 Term of the Plan . The Plan, as set forth herein, was originally effective July 17, 2003. This
amendment and restatement of the Plan shall be effective January 1, 2008 (the “Effective Date”). The Plan will
continue until such time as the Committee (as defined below) acting in its sole discretion, elects to modify,
supersede or terminate the Plan in accordance with, and subject to, the provisions of Article V.
Section 2.01 “Administrator” shall mean the Committee or, to the extent the Committee delegates its powers
in accordance with Section 4.01, its delegate with respect to matters so delegated.
Section 2.02 “Air Products” shall mean Air Products and Chemicals, Inc.
Section 2.03 “Annual Incentive Plan” shall mean the Air Products and Chemicals, Inc. Annual Incentive Plan
and/or any similar, successor or substitute short-term bonus plan, program or pay practice.
Section 2.04 “Benefit” or “Benefits” shall mean any or all of the benefits that a Covered Executive is entitled
to receive pursuant to Sections 3.02, 3.03 and 3.04 of the Plan.
Section 2.05 “Board” means the Board of Directors of Air Products.
Section 2.06 “Bonus” shall mean 100% of the target bonus for a Covered Executive, determined as of the
Covered Executive’s Employment Termination Date under the grant guidelines for the Annual Incentive Plan or
similar successor or substitute annual incentive plan or program.