IONICS, INCORPORATED Inducement Non-Qualified Stock Option AgreementQualified Stock Option Agreement • July 30th, 2003 • Ionics Inc • Special industry machinery, nec • Massachusetts
This Inducement Non-Qualified Stock Option Agreement (the “Agreement”) made as of April 1, 2003 (the “Date of Grant”) by and between Ionics, Incorporated, a Massachusetts corporation (the “Company”), and Douglas R. Brown (the “Employee”):
