FORM OF] IPO STOCK OPTION AGREEMENT (NAME)Stock Option Agreement • November 3rd, 2005 • ITC Holdings Corp. • Electric services • Michigan
THIS 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).
