STOCK OPTION AWARD AGREEMENT UNDER GEXA CORP. 2002 NON-EMPLOYEE DIRECTOR STOCK OPTION PLANEmployee Director Stock Option Plan • June 22nd, 2004 • Gexa Corp • Electric services
THIS AGREEMENT is entered into effective this day of , between Gexa Corp., a Texas corporation (herein called "Company"), and , a non-employee director of the Company (herein called "Grantee"), pursuant to the provisions of the Company's 2002 Non-Employee Director Stock Option Plan (herein called the "Plan"). The Plan provides that Grantee is eligible to participate as a Grantee under the Plan, and, to carry out its purposes, the Company has this day authorized the grant, pursuant to the Plan, of the option set forth below to Grantee.
