Questions about wiring a 115v single phase Baldor motor

[tmate3]

I just purchased a 3/4 hp single phase Baldor motor on eBay, which hasn't arrived yet. I need it to rotate counter clockwise when looking at the shaft end. There are three wires sticking out of the motor - green, red, and white. I understand that the green is ground, and it doesn't matter which way the other two connect to the two remaining plug terminals.

The wiring schematic on the motor shows how to reverse the direction, if necessary, but I'm not sure I know how to interpret it. I think Std means clockwise, and Opp means counter-clockwise, but when viewed from which end of the motor? Which diagram do I use to reverse the rotation? The top diagram seems simple enough, but the bottom diagram not so much.

Also, what is the best way to deal with the three wires sticking out of the motor? I'm thinking I should pull off the plastic/nylon connector and wires, and attach the new cord to wherever the old wires were attached.