Nonemployee Director Stock Option Agreement Sample Contracts

NONEMPLOYEE DIRECTOR STOCK OPTION AGREEMENT THE TORO COMPANY AMENDED AND RESTATED 2010 EQUITY AND INCENTIVE PLAN
Nonemployee Director Stock Option Agreement • December 22nd, 2016 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware

This Agreement (this “Agreement”) dated [ ] (“Grant Date”), between The Toro Company, a Delaware corporation (“Toro”), and [ ] (“you”) sets forth the terms and conditions of the grant to you of a nonqualified option (this “Option”) to purchase [ ] shares of common stock, par value $1.00 per share, of Toro (“Shares”) at an exercise price of $[ ] per Share, under The Toro Company Amended and Restated 2010 Equity and Incentive Plan, as such plan may be amended from time to time (the “Plan”). This Option is subject to all of the terms and conditions set forth in the Plan, this Agreement and the Nonemployee Director Stock Option Acceptance Agreement should you decide to accept this Option. All of the terms in this Agreement and the Nonemployee Director Stock Option Acceptance Agreement that begin with a capital letter are either defined in this Agreement or in the Plan.

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AGREEMENT
Nonemployee Director Stock Option Agreement • November 17th, 1998 • Aml Communications Inc • Communications equipment, nec • California
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BANK OF ASTORIA NONEMPLOYEE DIRECTOR STOCK OPTION AGREEMENT
Nonemployee Director Stock Option Agreement • November 1st, 2004 • Columbia Banking System Inc • State commercial banks • Oregon

This Agreement, including the attached Terms and Conditions, is made as of , 20 (the “Grant Date”) by and between Bank of Astoria, an Oregon banking corporation (the “Bank”), and:

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NONEMPLOYEE DIRECTOR STOCK OPTION AGREEMENT
Nonemployee Director Stock Option Agreement • March 16th, 2005 • Rowan Companies Inc • Drilling oil & gas wells • Texas

To carry out the purposes of the Rowan Companies, Inc. Nonemployee Directors Stock Option Plan (the “Plan”), by affording Director the opportunity to purchase shares of common stock of the Company (“Stock”), and in consideration of the mutual agreements and other matters set forth herein and in the Plan, the Company and Director hereby agrees as follows:

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OFFSHORE LOGISTICS, INC. NONEMPLOYEE DIRECTOR STOCK OPTION AGREEMENT
Nonemployee Director Stock Option Agreement • May 13th, 2004 • Offshore Logistics Inc • Air transportation, nonscheduled • Delaware

This Agreement made as of the day of 20 , between Offshore Logistics, Inc., a Delaware corporation (the “Company”) and (the “Director”).

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FORM OF NONEMPLOYEE DIRECTOR STOCK OPTION AGREEMENT
Nonemployee Director Stock Option Agreement • May 18th, 2009 • BMC Software Inc • Services-prepackaged software • Texas

To carry out the purposes of the BMC SOFTWARE, INC. 1994 EMPLOYEE INCENTIVE PLAN (the “Plan”), by affording Director the opportunity to purchase shares of the common stock of the Company, par value $.01 per share (“Stock”), and in consideration of the mutual agreements and other matters set forth herein and in the Plan, the Company and Director hereby agree as follows:

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Nonemployee Director Stock Option Agreement The Toro Company 2010 Equity and Incentive Plan
Nonemployee Director Stock Option Agreement • September 2nd, 2010 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware

This Agreement (this “Agreement”) dated [________] (“Grant Date”), between The Toro Company, a Delaware corporation (“Toro”), and [______________] (“you”) sets forth the terms and conditions of the grant to you of a nonqualified option (this “Option”) to purchase [_________] shares of common stock, par value $1.00 per share, of Toro (“Shares”) at an exercise price of $[______] per Share, under The Toro Company 2010 Equity and Incentive Plan (the “Plan”). This Option is subject to all of the terms and conditions set forth in the Plan, this Agreement and the Nonemployee Director Stock Option Acceptance Agreement should you decide to accept this Option. All of the terms in this Agreement and the Nonemployee Director Stock Option Acceptance Agreement that begin with a capital letter are either defined in this Agreement or in the Plan.

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PERCENTAGE OF SHARES NUMBER OF FULL YEARS THAT MAY BE PURCHASED -------------------- --------------------- LESS THAN 1 YEAR 0% 1 YEAR 33.33% 2 YEARS 66.66% 3 YEARS OR MORE 100.00%
Nonemployee Director Stock Option Agreement • April 9th, 1998 • Santa Fe Energy Trust • Oil royalty traders • Texas
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NONEMPLOYEE DIRECTOR STOCK OPTION AGREEMENT
Nonemployee Director Stock Option Agreement • August 4th, 2006 • Matrix Service Co • Construction - special trade contractors • Delaware

To carry out the purposes of the MATRIX SERVICE COMPANY 1995 NONEMPLOYEE DIRECTORS’ STOCK OPTION PLAN (the “Plan”), by affording Director the opportunity to purchase shares of common stock of the Company (“Stock”), and in consideration of the mutual agreements and other matters set forth herein and in the Plan, the Company and Director hereby agree as follows:

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NONEMPLOYEE DIRECTOR STOCK OPTION AGREEMENT THE TORO COMPANY 2022 EQUITY AND INCENTIVE PLAN
Nonemployee Director Stock Option Agreement • March 16th, 2022 • Toro Co • Lawn & garden tractors & home lawn & gardens equip • Delaware

This Agreement (this “Agreement”) dated ________ (the “Grant Date”), between The Toro Company, a Delaware corporation (“TTC”), and _________________ (“you”) sets forth the terms and conditions of the grant to you of a nonqualified stock option (this “Option”) to purchase __________ shares of common stock, par value $1.00 per share, of TTC (“Shares”) at an exercise price of ________ per Share, under The Toro Company 2022 Equity and Incentive Plan, as such plan may be amended from time to time (the “Plan”). This Option is subject to all of the terms and conditions set forth in the Plan, this Agreement and the Nonemployee Director Stock Option Acceptance Agreement should you decide to accept this Option. All of the terms in this Agreement and the Nonemployee Director Stock Option Acceptance Agreement that begin with a capital letter are either defined in this Agreement or in the Plan.

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BRISTOW GROUP INC. NONEMPLOYEE DIRECTOR STOCK OPTION AGREEMENT
Nonemployee Director Stock Option Agreement • August 7th, 2006 • Bristow Group Inc • Air transportation, nonscheduled • Delaware

The Company and Director do hereby make and enter into this Agreement in conformity with the provisions of the Offshore Logistics, Inc. 2003 Nonqualified Stock Option Plan for Nonemployee Directors, as amended (the “Plan”), to provide the Director the opportunity to purchase shares of common stock of the Company, $.01 par value (“Common Stock”), in consideration of the mutual agreements set forth herein and in the Plan. Each capitalized term used in this Agreement and not otherwise defined herein shall have the meaning ascribed to that term in the Plan. The parties agree as follows:

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