0000906318-06-000090 Sample Contracts

CINCINNATI FINANCIAL CORPORATION NON-QUALIFIED STOCK OPTION AGREEMENT

Non-Qualified Stock Option Agreement • October 26th, 2006 • Cincinnati Financial Corp • Fire, marine & casualty insurance

• Contract Type
  Non-Qualified Stock Option Agreement
• Filed
  October 26th, 2006
• Company
  Cincinnati Financial Corp
• Industry
  Fire, marine & casualty insurance

CINCINNATI FINANCIAL CORPORATION (the “Company”) hereby grants to the associate identified above (the “Participant”) a Non-Qualified Stock Option (the “Award”) under the Company's 2006 Stock Compensation Plan (the “Plan”) with respect to the number of shares of the Company’s Common Stock (the “Shares”) specified under the “Award Information” section below, all in accordance with and subject to the provisions set forth in Part II - Terms and Conditions.

CINCINNATI FINANCIAL CORPORATION INCENTIVE STOCK OPTION AGREEMENT

Incentive Stock Option Agreement • October 26th, 2006 • Cincinnati Financial Corp • Fire, marine & casualty insurance

• Contract Type
  Incentive Stock Option Agreement
• Filed
  October 26th, 2006
• Company
  Cincinnati Financial Corp
• Industry
  Fire, marine & casualty insurance

CINCINNATI FINANCIAL CORPORATION (the “Company”) hereby grants to the associate identified above (the “Participant”) an Incentive Stock Option (the “Award”) under the Company's Stock Option Plan VII (the “Plan”) with respect to the number of shares of the Company’s Common Stock (the “Shares”) specified under the “Award Information” section below, all in accordance with and subject to the provisions set forth in Part II -- Terms and Conditions.