ITT EDUCATIONAL SERVICES, INC. INCENTIVE STOCK PLAN –Nonqualified Stock Option Award Agreement • October 22nd, 2004 • Itt Educational Services Inc • Services-educational services • Indiana
ContractNon-Qualified Stock Option Agreement • October 22nd, 2004 • Itt Educational Services Inc • Services-educational services
This Non-Qualified Stock Option Agreement (“Agreement”) has been executed this day of , 20 , by and between ITT Educational Services, Inc., a Delaware corporation (the “Company”), , an Eligible Director of the Company (the “Optionee”), and sets forth the rights and obligations of the parties hereto with respect to a Non-Qualified Stock Option granted under the Company’s Outside Directors Stock Option Plan (the “Plan”) for shares of the Common Stock, $0.01 par value, of the Company reserved for issuance under the Plan, which option was granted to the Optionee pursuant to Section 7 of the Plan.
