VALSPAR CORPORATION NONSTATUTORY STOCK OPTION AGREEMENT UNDER 1991 STOCK OPTION PLAN – OFFICERNonstatutory Stock Option Agreement • January 11th, 2006 • Valspar Corp • Paints, varnishes, lacquers, enamels & allied prods
Contract Type FiledJanuary 11th, 2006 Company IndustryBy action of its shareholders, The Valspar Corporation (“Valspar”) established the 1991 Stock Option Plan (“1991 Plan”) authorizing the issue of not more than 20,000,000 shares of its common stock (50 cents par value) to key employees, designed to stimulate and reward interest and initiative in their employment.