0000916457-08-000100 Sample Contracts

CALPINE CORPORATION ANNUAL EXECUTIVE NON-QUALIFIED STOCK OPTION AGREEMENT (Pursuant to the 2008 Equity Incentive Plan)
Non-Qualified Stock Option Agreement • December 19th, 2008 • Calpine Corp • Electric services

OPTION granted December 17, 2008 (the "Grant Date"), by Calpine Corporation, a Delaware corporation (the "Corporation"), to ZAMIR RAUF (the "Grantee") pursuant to this Non-Qualified Stock Option Agreement ("Stock Option Agreement").

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