2019 Nonqualified Stock Option Award Agreement Sample Contracts

LYONDELLBASELL INDUSTRIES
2019 Nonqualified Stock Option Award Agreement • February 21st, 2019 • LyondellBasell Industries N.V. • Industrial organic chemicals

By letter (the “Grant Letter”), effective as of the date specified in the Grant Letter (the “Grant Date”), LyondellBasell Industries N.V. (the “Company”), pursuant to the LyondellBasell Industries Long-Term Incentive Plan, as restated effective February 16, 2017 (the “Plan”), has granted to the Participant a right (the “Option”) to purchase from the Company up to but not exceeding in the aggregate the number of shares of Common Stock (as defined in the Plan) (the “Option Shares”) specified in the Grant Letter at the Grant Price per Option Share specified in the Grant Letter, such number of shares and such price per share being subject to adjustment as provided in the Plan, and further subject to the following terms and conditions (the “Award Agreement”):

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