INSPERITY, INC. 2012 INCENTIVE PLAN ANNUAL DIRECTOR STOCK OPTION AWARD AGREEMENTAnnual Director Stock Option Award Agreement • November 1st, 2012 • Insperity, Inc. • Services-help supply services • Texas
This Award Agreement is between Insperity, Inc. (the “Company”), and _______________________ (the “Optionee”), a nonemployee member of the Board of Directors of the Company (a “Director”), regarding a right (the “Option”) awarded to the Optionee on ___________________ (the “Grant Date”) to purchase from the Company up to, but not exceeding in the aggregate, _____________ shares of Common Stock (as defined in the Insperity, Inc. 2012 Incentive Plan (the “2012 Incentive Plan”)) at $________ per share (the “Exercise Price”), which is equal to the Fair Market Value of an Option Share as of the Grant Date, such number of shares and such price per share being subject to adjustment as provided in Section 14 of the 2012 Incentive Plan, and further subject to the following terms and conditions:
