Telecommunications Techniques Co Llc Sample Contracts

Telecommunications Techniques Co Llc – 1992 STOCK OPTION PLAN (October 5th, 1998)

EXHIBIT 10.23 THE DYNATECH CORPORATION 1992 STOCK OPTION PLAN The purpose of this Plan is to encourage and enable certain employees of Dynatech Corporation (the "Company") and of any subsidiary of the Company, (as defined in Section 424(f) of the Internal Revenue Code of 1986, as amended (the "Code")), to acquire an interest in the Company through the granting of options, as herein provided, to acquire its Common Stock, $.20 par value (the "Common Stock"). The Company intends that this purpose will be effected by the granting of options designated and qualified as "incentive stock options" ("Incentive Options") as defined in Section 422(b) of the Code, and by the granting of non-qualified stock options ("Non-qualified Options"), under the Plan. 1. Shares of Stock Subject to the Plan The stock that may be issued and sold pursuant