0001193125-07-097284 Sample Contracts

Non-Qualified Stock Option Agreement
Non-Qualified Stock Option Agreement • May 1st, 2007 • Zebra Technologies Corp/De • General industrial machinery & equipment • Delaware

This NON-QUALIFIED STOCK OPTION AGREEMENT (this “Option Agreement”), dated as of <<grant Effective Date Approved by the Compensation Committee>> (the “Grant Date”), is between ZEBRA TECHNOLOGIES CORPORATION, a Delaware corporation (the “Company”), and <<Participant Name>> (the “Participant”), relating to a non-qualified stock option granted under the 2006 Zebra Technologies Corporation Incentive Compensation Plan (the “Plan”). Capitalized terms used in this Option Agreement without definition shall have the meanings ascribed to such terms in the Plan.

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