0001193125-05-031102 Sample Contracts

NON-QUALIFIED STOCK OPTION AGREEMENT *
Non-Qualified Stock Option Agreement • February 16th, 2005 • Photronics Inc • Semiconductors & related devices

PHOTRONICS, INC. (the “Company”), a Connecticut corporation, hereby grants [Name] (the “Optionee”) an option to purchase a total of [Number] shares of Common Stock (“Common Stock”) of the Company, at the price determined as provided herein, and in all respects subject to the terms, definitions and provisions of the 2000 Stock Option Plan (the “Plan”) adopted by the Company which is incorporated herein by reference.

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RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • February 16th, 2005 • Photronics Inc • Semiconductors & related devices

THIS AWARD OF RESTRICTED STOCK made as of the [Date] by Photronics, Inc., a Connecticut corporation (hereinafter referred to as the “Company”), to [Name] (hereinafter referred to as the “Recipient”).

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