Common Contracts
2 similar Nonqualified Stock Option Agreement contracts by Polaris Industries Inc/Mn
Polaris Industries Inc. (As Amended and Restated April 30, 2015) Nonqualified Stock Option Agreement Option Terms and ConditionsNonqualified Stock Option Agreement • July 13th, 2015 • Polaris Industries Inc/Mn • Miscellaneous transportation equipment • Minnesota
For purposes of this Section 2(b), “Good Reason” means, without your express written consent, (i) any material reduction in the scope of your authority, duties or responsibilities; (ii) any material reduction in your base compensation; (iii) any material change in the geographic location of your principal place of employment; or (iv) any action or inaction that constitutes a material breach by the Company of any agreement under which you provide services to the Company. Good Reason shall not, however, exist unless you have first provided written notice to the Company of the initial occurrence of one or more of the events under clauses (i) through (iv) above within ninety (90) days of the event’s occurrence, and such event is not fully remedied by the Company within thirty (30) days after the Company’s receipt of written notice from you.
POLARIS INDUSTRIES INC. NONQUALIFIED STOCK OPTION AGREEMENTNonqualified Stock Option Agreement • February 20th, 2015 • Polaris Industries Inc/Mn • Miscellaneous transportation equipment • Minnesota
In accordance with the terms of the Polaris Industries Inc. 2007 Omnibus Incentive Plan (As Amended and Restated April 28, 2011) (the “Plan”), Polaris Industries Inc. (the “Company”) hereby grants to you, the Participant named above, an Option to purchase from the Company up to the number of shares of the Company’s common stock (the “Common Stock”) set forth in the table below at the specified Option Price per share. The terms and conditions of this Option Award are set forth in this Agreement, consisting of this cover page and the Option Terms and Conditions on the following pages, and in the Plan document, a copy of which has been provided to you. Unless the context indicates otherwise, any capitalized term that is not defined in this Agreement shall have the meaning set forth in the Plan as it currently exists or as it is amended in the future.
