FORM OF] IPO STOCK OPTION AGREEMENT (NAME)Stock Option Agreement • November 3rd, 2005 • ITC Holdings Corp. • Electric services • Michigan
Contract Type FiledNovember 3rd, 2005 Company Industry JurisdictionTHIS AGREEMENT, dated as of the date set forth on the signature page hereof and identified as the “Grant Date” is made by and between ITC Holdings Corp., a Michigan corporation (hereinafter referred to as the “Company”), and the individual whose name is set forth on the signature page hereof, who is an employee of the Company or a Subsidiary or Affiliate of the Company, hereinafter referred to as the “Optionee”. Any capitalized terms herein not otherwise defined in Article I shall have the meaning set forth in the Plan (as hereinafter defined).