NONQUALIFIED STOCK OPTION AGREEMENTNonqualified Stock Option Agreement • March 4th, 2010 • Gp Strategies Corp • Services-educational services
THIS NONQUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) evidences the award of a nonqualified stock option (the “Option”) by GP STRATEGIES CORPORATION, a Delaware corporation (“GPS”), to [NAME] (“Recipient”), subject to and conditioned upon Recipient’s agreement to the terms of this Agreement. Capitalized terms in this Agreement that are not defined herein shall have the meanings ascribed to them in the GPS 2003 Incentive Stock Plan (the “Plan”).
