LSB INDUSTRIES, INC. 1998 STOCK OPTION AND INCENTIVE PLAN INCENTIVE STOCK OPTION AGREEMENTOption and Incentive Plan Incentive Stock Option Agreement • August 20th, 2002 • LSB Industries Inc • Industrial inorganic chemicals
THIS AGREEMENT made this 8th day of July, 1999, between LSB INDUSTRIES, INC., a Delaware corporation, hereinafter called the "Company", and ___________________, hereinafter called "Optionee";
NON-QUALIFIED STOCK OPTION AGREEMENT (LSB Industries, Inc. Outside Directors Stock Purchase Plan)Non-Qualified Stock Option Agreement • August 20th, 2002 • LSB Industries Inc • Industrial inorganic chemicals • Delaware
This Non-qualified Stock Option Agreement (the "Agreement") is made the 8th day of July, 1999, between LSB Industries, Inc., a Delaware corporation (the "Company"), and ____________________ (the "Participant"). In consideration of the mutual covenants and conditions set forth in this Agreement and for good and valuable consideration, the Company and the Participant agree as follows. 1. Recitations. The Participant is a member of the Board of Directors of the Company who is not an employee of the Company or any Subsidiary. The Company believes that the Participant should be provided an inducement to continue the Participant's association with the Company and to advance the interests of the Company. Accordingly, the Company desires to provide the Participant the opportunity to purchase certain shares of the Company's common stock, par value $.10 per share ("Common Stock"), pursuant to the Company's Outside Directors Stock Purchase Plan, as approved by the shareholders of the Company
