TRANSPORT CORPORATION OF AMERICA, INC. FORM OF INCENTIVE STOCK OPTION AGREEMENTOption Agreement • March 3rd, 2005 • Transport Corporation of America Inc • Trucking (no local)
THIS OPTION AGREEMENT is made as of the ____ day of _________, _______ between TRANSPORT CORPORATION OF AMERICA, INC., a Minnesota corporation (the “Company”), and _______________, an employee of the Company or one or more of its subsidiaries (the “Optionee”).
TRANSPORT CORPORATION OF AMERICA, INC.Transport Corporation of America Inc • March 3rd, 2005 • Trucking (no local) • Minnesota
This letter describes the agreement by and among you and Transport America regarding your termination as Vice President of Safety and Risk Management of Transport Corporation of America, Inc. and your release of any claims you may have against Transport America. You have also agreed to certain confidentiality restrictions that are reflected in this letter as well. The term “Transport America” as used in this Agreement means Transport Corporation of America, Inc., its subsidiaries and respective officers and directors.
