0000950123-10-023669 Sample Contracts

ITT CORPORATION 2003 EQUITY INCENTIVE PLAN NON-QUALIFIED STOCK OPTION AWARD AGREEMENT for BAND A
Non-Qualified Stock Option Award Agreement • March 11th, 2010 • ITT Corp • Pumps & pumping equipment • New York

THIS AGREEMENT (the “Agreement”), effective as of the day of , 20 by and between ITT Corporation (the “Company”) and name (the “Optionee”), WITNESSETH:

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ITT CORPORATION 2003 EQUITY INCENTIVE PLAN NON-QUALIFIED STOCK OPTION AWARD AGREEMENT for NON-EMPLOYEE DIRECTORS
Non-Qualified Stock Option Award Agreement • March 11th, 2010 • ITT Corp • Pumps & pumping equipment • New York

WHEREAS, the Optionee is now a member of the Board of Directors (the “Board”) of the Company and, in recognition of the Optionee’s valued services, the Company desires to provide an opportunity for the Optionee to acquire or enlarge stock ownership in the Company pursuant to the provisions of the Company’s 2003 Equity Incentive Plan (the “Plan”);

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