GREIF, INC. STOCK OPTION AWARD AGREEMENT UNDER THEStock Option Award Agreement • March 4th, 2005 • Greif Inc • Paperboard containers & boxes
Greif, Inc., a Delaware corporation (the “Company”), has granted to [name of outside director] (the “Grantee”), an option (the “Option”) to purchase [# of shares] shares of Class A Common Stock, without par value, of the Company (the “Shares”) at an exercise price of $[ ] per Share. The Option has been granted pursuant to the Company’s 2005 Outside Directors Equity Award Plan (the “Plan”) and shall be subject to all of the provisions of the Plan, which are hereby incorporated herein by reference, and shall be subject to the following provisions of this agreement. Capitalized terms used in this agreement which are not otherwise defined herein shall have the meanings ascribed to such terms in the Plan.
GREIF, INC. RESTRICTED SHARE AWARD AGREEMENT UNDER THERestricted Share Award Agreement • March 4th, 2005 • Greif Inc • Paperboard containers & boxes
Greif, Inc., a Delaware corporation (the “Company”), has awarded to [name of outside director] (the “Recipient”) [# of shares] shares (the “Restricted Shares”) of Class A Common Stock, without par value, of the Company (the “Shares”). The Restricted Shares have been awarded pursuant to the Company’s 2005 Outside Directors Equity Award Plan (the “Plan”) and shall be subject to all of the provisions of the Plan, which are hereby incorporated herein by reference, and shall be subject to the following provisions of this agreement. Capitalized terms used in this agreement which are not otherwise defined herein shall have the meanings ascribed to such terms in the Plan.
