THE PMI GROUP, INC. Nonqualified Stock Option Agreement The PMI Group, Inc. (the "Company") hereby grants you, [NAME] (the "Employee"), a stock option under the Company's Equity Incentive Plan (the "Plan"), to purchase shares of common stock of the...Nonqualified Stock Option Agreement • November 12th, 1998 • Pmi Group Inc • Surety insurance
IT IS YOUR RESPONSIBILITY TO EXERCISE THIS OPTION BEFORE IT EXPIRES. *However, in no event may this option be exercised after the Expiration Date (see above).
Grant Year ___________ DIRECTOR STOCK OPTION AGREEMENT GRANT #TPG0002Director Stock Option Agreement • November 12th, 1998 • Pmi Group Inc • Surety insurance
The PMI Group, Inc. (The "Company") hereby grants you, [NAME] (the "Director"), a stock option under the Company's Stock Plan for Non-Employee Directors (the "Plan") to purchase shares of common stock of the Company ( "Stock"). The date of this Agreement is [MONTH], [DAY], [YEAR] ("Agreement"). Subject to certain conditions, the latest date this option will expire is [MONTH], [DAY],[YEAR (10 years after grant)] (the "Expiration Date"). Subject to the provisions of the Plan, the principal features of this option are as follows:
