0000950134-06-002299 Sample Contracts

Photon Dynamics, Inc. 2005 Equity Incentive Plan Stock Option Agreement (Incentive Stock Option or Nonstatutory Stock Option)
Stock Option Agreement • February 9th, 2006 • Photon Dynamics Inc • Instruments for meas & testing of electricity & elec signals

Pursuant to your Stock Option Grant Notice (“Grant Notice”) and this Stock Option Agreement, Photon Dynamics, Inc. (the “Company”) has granted you an option under its 2005 Equity Incentive Plan (the “Plan”) to purchase the number of shares of the Company’s Common Stock indicated in your Grant Notice at the exercise price indicated in your Grant Notice. Defined terms not explicitly defined in this Stock Option Agreement but defined in the Plan shall have the same definitions as in the Plan.

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