0001104659-05-027942 Sample Contracts

FORM OF ARCTIC CAT INC. DIRECTOR NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • June 13th, 2005 • Arctic Cat Inc • Miscellaneous transportation equipment

THIS OPTION AGREEMENT is made as of the day of 200 (the “Option Date”), between ARCTIC CAT INC., a Minnesota corporation (the “Company”), and , a non-employee member of the Board of Directors of the Company (the “Optionee”).

Sample 1
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FORM OF ARCTIC CAT INC. NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • June 13th, 2005 • Arctic Cat Inc • Miscellaneous transportation equipment

THIS OPTION AGREEMENT is made as of the day of , 200 (the “Option Date”), between ARCTIC CAT INC., a Minnesota corporation (the “Company”), and , an employee of the Company or one or more of its subsidiaries (the “Optionee”).

Sample 1
FORM OF ARCTIC CAT INC. INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • June 13th, 2005 • Arctic Cat Inc • Miscellaneous transportation equipment

THIS OPTION AGREEMENT is made as of the day of , 200 (the “Option Date”), between ARCTIC CAT INC., a Minnesota corporation (the “Company”), and , an employee of the Company or one or more of its subsidiaries (the “Optionee”).

Sample 1
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