FORM OF STOCK OPTION AGREEMENT FOR NEW OPTIONS FOR EMPLOYEES OTHER THAN PAUL PRESSLERNon-Qualified Stock Option Agreement • November 23rd, 2005 • Gap Inc • Retail-family clothing stores
The Gap, Inc. (the “Company”) hereby grants to (the “Employee”), a stock option under The Gap, Inc. 1996 Stock Option and Award Plan (the “Plan”), to purchase shares of common stock of the Company, $0.05 par value (“Shares”). This option is subject to all of the terms and conditions contained in this Agreement, including the terms and conditions contained in the attached Appendix A. The date of this Agreement is . Subject to the provisions of Appendix A and of the Plan, the principal features of this option are as follows:
