KEITHLEY INSTRUMENTS, INC. 2002 STOCK INCENTIVE PLAN RESTRICTED UNIT AWARD AGREEMENTRestricted Unit Award Agreement • December 14th, 2007 • Keithley Instruments Inc • Instruments for meas & testing of electricity & elec signals • Ohio
This restricted unit award agreement (the “Agreement”) is made as of this day of , 2007 (the “Award Date”), between Keithley Instruments, Inc., an Ohio corporation (the “Company”), and that key employee of the Company named at the bottom of this Agreement (“Key Employee”). Subject to the terms, conditions and limitations set forth in this Agreement (including, without limitation, the vesting provisions of paragraph 5 hereof), Key Employee hereby is granted and awarded restricted units the number of which are indicated on the Notice of Grant of Restricted Units attached hereto and incorporated herein by reference (the “Grant Notice”), with each such unit representing the economic value of a common share of the Company (the “Award”). When and whether Company common shares are issued to or in respect of Key Employee (if any) as a result of this Award shall be determined strictly in accordance with this Agreement, subject to the general provisions of the Plan.
KEITHLEY INSTRUMENTS, INC. 2002 STOCK INCENTIVE PLAN OPTION AGREEMENTOption Agreement • December 14th, 2007 • Keithley Instruments Inc • Instruments for meas & testing of electricity & elec signals
This option agreement (the “Agreement”) is made as of this day of , 2007, between Keithley Instruments, Inc., an Ohio corporation (the “Company”), and the key employee of the Company indicated at the bottom of this Agreement (“Optionee”). Optionee hereby is granted the option to purchase common shares of the Company, based on the number of shares and the exercise price(s) indicated on the Notice of Grant of Stock Options attached hereto and incorporated herein by reference (the “Grant Notice”), subject to the vesting and other conditions set forth in said Grant Notice. Unless the Grant Notice clearly indicates that the Options are “incentive stock options,” the Options shall be treated as non qualified stock options.
KEITHLEY INSTRUMENTS, INC. 2002 STOCK INCENTIVE PLAN PERFORMANCE AWARD AGREEMENTPerformance Award Agreement • December 14th, 2007 • Keithley Instruments Inc • Instruments for meas & testing of electricity & elec signals • Ohio
This performance award agreement (the “Agreement”) is made as of this day of , 2007 (the “Award Date”), between Keithley Instruments, Inc., an Ohio corporation (the “Company”), and that key employee of the Company named at the bottom of this Agreement (“Key Employee”). Subject to the terms, conditions and limitations set forth in this Agreement (including, without limitation, the vesting provisions of paragraph 6 hereof and the performance standards and operative provisions set forth in paragraph 1 hereof and in Exhibits A and B hereto), Key Employee hereby is granted and awarded performance units, each unit representing one common share of the Company (the “Initial Award”). The number of Company common shares issued to or in respect of Key Employee (if any) shall be determined strictly in accordance with this Agreement, based on the number of units contained in any Final Award (as defined herein), subject to the general provisions of the Plan.
