Stock Options and Restricted Shares Agreement Sample Contracts

DATE NAME ADDRESS CITY, STATE ZIP Re: Respironics, Inc. Stock Options and Restricted Shares Dear NAME:
Stock Options and Restricted Shares Agreement • January 10th, 2008 • Respironics Inc • Orthopedic, prosthetic & surgical appliances & supplies

As announced on December 21, 2007, Respironics has entered into an agreement to be acquired by a subsidiary of Koninklijke Philips Electronics N.V. (“Philips”). Following the acquisition, 100% of the stock of Respironics will be owned by Philips. This letter contains information about your Respironics stock options and restricted shares and alerts you to upcoming mailings you will receive if you own Respironics shares.

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