0001104659-07-060731 Sample Contracts

NON-QUALIFIED STOCK OPTION AGREEMENT FOR COMPANY EMPLOYEES, NON-EMPLOYEE DIRECTORS
Non-Qualified Stock Option Agreement • August 9th, 2007 • Watts Water Technologies Inc • Miscellaneous fabricated metal products

The grant to the optionee (the “Optionee”) of an option (the “Stock Option”) to purchase on or prior to the expiration date (the “Expiration Date”) all or part of the number of shares of Class A Common Stock, par value $.10 per share (the “Option Shares”), of Watts Water Technologies, Inc. (the “Company”) at a price per share (the “Option Exercise Price”), all as set forth in the Stock Option grant notification provided on the Company’s OptionsNet website, is subject to the provisions of the Company’s 2004 Stock Incentive Plan (the “Plan”) and the terms and conditions contained in this Non-Qualified Stock Option Agreement (the “Agreement”). By accepting the grant of the Stock Option on the OptionsNet website, the Optionee agrees to the terms and conditions of this Agreement.

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RESTRICTED STOCK AWARD AGREEMENT FOR COMPANY EMPLOYEES
Restricted Stock Award Agreement • August 9th, 2007 • Watts Water Technologies Inc • Miscellaneous fabricated metal products

The award of shares of restricted Class A Common Stock (the “Restricted Stock”) of Watts Water Technologies, Inc. (the “Company”) made to the grantee (the “Grantee”), as set forth in the Restricted Stock award notification provided on the Company’s OptionsNet website, is subject to the provisions of the Company’s 2004 Stock Incentive Plan (the “Plan”) and the terms and conditions contained in this Restricted Stock Award Agreement (the “Agreement”). By accepting the award of Restricted Stock on the OptionsNet website, the Grantee agrees to the terms and conditions of this Agreement.

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