Date of Grant: Employee: SSN: No. of Shares: Option Price: $ Non-Qualified Stock Option AgreementInsituform Technologies Inc • January 11th, 2006 • Water, sewer, pipeline, comm & power line construction
This option to purchase shares of Class A common stock, par value $0.01 per share (the “Common Stock”), of Insituform Technologies, Inc. (“Insituform”) is granted to you pursuant to the 2001 Employee Equity Incentive Plan (the “Plan”) and is subject to the terms and conditions in the Plan and those set forth below. Any capitalized, but undefined, term used in this Non-Qualified Stock Option Agreement shall have the meaning ascribed to it in the Plan. This option is not intended to be an incentive stock option as defined in §422 of the Internal Revenue Code. Your signature below constitutes your acceptance of this option and acknowledgement of your agreement to all the terms and conditions contained herein. You must return an executed copy of this Non-Qualified Stock Option Agreement to the Director of Human Resources or such person’s designee (the “Director of Human Resources”) within 30 days of the date of grant or this Non-Qualified Stock Option Agreement shall be void.
Incentive Stock Option AgreementInsituform Technologies Inc • January 11th, 2006 • Water, sewer, pipeline, comm & power line construction
This option to purchase shares of Class A common stock, par value $0.01 per share (the “Common Stock”), of Insituform Technologies, Inc. (“Insituform”) is granted to you pursuant to the 2001 Employee Equity Incentive Plan (the “Plan”) and is subject to the terms and conditions in the Plan and those set forth below. Any capitalized, but undefined, term used in this Incentive Stock Option Agreement shall have the meaning ascribed to it in the Plan. This option is intended to be an incentive stock option as defined in §422 of the Internal Revenue Code. If this option does not comply with the provisions of the Internal Revenue Code relating to incentive stock options, this option will become a non-qualified stock option. Your signature below constitutes your acceptance of this option and acknowledgement of your agreement to all the terms and conditions contained herein. You must return an executed copy of this Incentive Stock Option Agreement to the Director of Human Resources or such pers
