0001104659-09-032197 Sample Contracts

FORM OF INCENTIVE STOCK OPTION AGREEMENT FOR EXECUTIVES AND SENIOR MANAGEMENT FOR THE 2009 STOCK INCENTIVE PLAN
Incentive Stock Option Agreement • May 13th, 2009 • Bridgepoint Education Inc • Services-educational services

Bridgepoint Education, Inc., a Delaware corporation (the “Company”), hereby grants an Option to purchase shares of its Common Stock (the “Shares”) to the Optionee named below. The terms and conditions of the Option are set forth in this cover sheet, in the attachment and in the Bridgepoint Education, Inc. 2009 Stock Incentive Plan (the “Plan”).

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FORM OF STOCK OPTION AGREEMENT FOR OPTIONS ISSUED OUTSIDE OF PLAN
Stock Option Agreement • May 13th, 2009 • Bridgepoint Education Inc • Services-educational services • Delaware

THIS AGREEMENT is effective as of February , 2006 (“Date of Grant”), between Bridgepoint Education, Inc., a Delaware corporation (the “Company”), and , (the “Optionee”).

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