STOCK OPTION GRANT AGREEMENT (Non-Qualified Stock Options)Stock Option Grant Agreement • December 5th, 2005 • Neiman Marcus Group Inc • Retail-department stores • Delaware
THIS AGREEMENT, made as of this 29th day of November, 2005 between Newton Acquisition, Inc. (the "Company") and Burton M. Tansky (the "Participant"). WHEREAS, the Company has adopted and maintains the Newton Acquisition, Inc. Management Equity Incentive Plan (the "Plan") to promote the interests of the Company and its Affiliates and stockholders by providing the Company's key employees and others with an appropriate incentive to encourage them to continue in the employ of and provide services for the Company or its Affiliates and to improve the growth and profitability of the Company; WHEREAS, the Plan provides for the Grant to Participants in the Plan of Non-Qualified Stock Options to purchase shares of Common Stock of the Company. NOW, THEREFORE, in consideration of the premises and the mutual covenants hereinafter set forth, the parties hereto hereby agree as follows: 1. Grant of Options. Pursuant to, and subject to, the terms and conditions set forth herein and in the
FORM OF STOCK OPTION GRANT AGREEMENT (Non-Qualified Stock Options)Form of Stock Option Grant Agreement • December 5th, 2005 • Neiman Marcus Group Inc • Retail-department stores • Delaware
WHEREAS, the Company has adopted and maintains the Newton Acquisition, Inc. Management Equity Incentive Plan (the "Plan") to promote the interests of the Company and its Affiliates and stockholders by providing the Company's key employees and others with an appropriate incentive to encourage them to continue in the employ of and provide services for the Company or its Affiliates and to improve the growth and profitability of the Company; WHEREAS, the Plan provides for the Grant to Participants in the Plan of Non-Qualified Stock Options to purchase shares of Common Stock of the Company. NOW, THEREFORE, in consideration of the premises and the mutual covenants hereinafter set forth, the parties hereto hereby agree as follows: 1. Grant of Options. Pursuant to, and subject to, the terms and conditions set forth herein and in the Plan, the Company hereby grants to the Participant a NON-QUALIFIED STOCK OPTION (the "Option") with respect to shares of Common Stock of the Company. 50%
