0000052466-03-000052 Sample Contracts

IONICS, INCORPORATED Inducement Non-Qualified Stock Option Agreement
Inducement Non-Qualified 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”):

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