Stock Incentive Plan 2005 Nonqualified Stock Option Agreement Sample Contracts

OTTER TAIL CORPORATION 1999 STOCK INCENTIVE PLAN 2005 NONQUALIFIED STOCK OPTION AGREEMENT
Stock Incentive Plan 2005 Nonqualified Stock Option Agreement • March 15th, 2006 • Otter Tail Corp • Electric services

This 2005 Nonqualified Stock Option Agreement between Otter Tail Corporation, a Minnesota corporation (the “Corporation”), and the person named in the attached Stock Option Award Certificate who is an employee of the Corporation or one of its Affiliates (the “Optionee”), effective as of the date of grant set forth in the attached Stock Option Award Certificate (the “Grant Date”).

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