Common Contracts

2 similar Baldor Electric contracts by Baldor Electric Co

BALDOR ELECTRIC COMPANY NON-QUALIFIED STOCK OPTION AGREEMENT
Baldor Electric • August 8th, 2006 • Baldor Electric Co • Motors & generators

This Agreement is entered into as of «DATE» (the “Agreement Date”), by and between BALDOR ELECTRIC COMPANY (the “Company”) and «OPTIONEE» (ID # «SS») (the “Employee”). The Plan under which this Agreement is made is the Baldor Electric Company 1994 Stock Option Plan and the Administrator of the Plan is the Stock Option Committee of the Board of Directors of the Company. This Agreement is based upon non-qualified stock options originally granted to the Employee on «ORIG DATE».

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BALDOR ELECTRIC COMPANY NON-QUALIFIED STOCK OPTION AGREEMENT
Baldor Electric • August 8th, 2006 • Baldor Electric Co • Motors & generators

This Agreement is entered into as of «DATE» (the “Agreement Date”), by and between BALDOR ELECTRIC COMPANY (the “Company”) and «OPTIONEE» (ID # «SS» ) (the “Employee”). The Plan under which this Agreement is made is the Baldor Electric Company 2006 Equity Incentive Plan and the Administrator of the Plan is the Stock Option Committee of the Board of Directors of the Company.

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