Director Nonqualified Stock Option Agreement Sample Contracts

2004 Equity Award Plan Director Nonqualified Stock Option Agreement (April 27th, 2018)

THIS NONQUALIFIED STOCK OPTION AGREEMENT (the "Agreement"), dated as of _________, _____ (the "Date of Grant"), is made by and between Las Vegas Sands Corp., a Nevada corporation (the "Company"), and ____________ (the "Participant").

Akoustis Technologies, Inc. – AKOUSTIS TECHNOLOGIES, INC. 2016 STOCK INCENTIVE PLAN Director Nonqualified Stock Option Agreement (November 14th, 2017)

THIS AGREEMENT (together with Schedule A attached hereto, the "Agreement"), effective as of the date specified as the "Grant Date" on Schedule A attached hereto, is between AKOUSTIS TECHNOLOGIES, INC., a Delaware corporation (the "Company"), and a Director of the Company or an Affiliate, as identified on Schedule A attached hereto (the "Participant").

Techne Corporation – Director Nonqualified Stock Option Agreement Bio-Techne Corporation Second Amended and Restated 2010 Equity Incentive Plan (October 26th, 2017)

THIS AGREEMENT is made effective as of [*], by and between Bio-Techne Corporation, a Minnesota corporation (the "Company"), and [*] ("Participant").

Helmerich & Payne, Inc. – Director Nonqualified Stock Option Agreement (November 23rd, 2016)

THIS DIRECTOR NONQUALIFIED STOCK OPTION AGREEMENT (the Option Agreement), is made as of the grant date set forth on the cover page of this Option Agreement (the Cover Page) at Tulsa, Oklahoma by and between the participant named on the Cover Page (the Participant) and Helmerich & Payne, Inc. (the Company).

Orthofix International N.V. – Non-Employee Director Nonqualified Stock Option Agreement Under the Orthofix International N.V. 2012 Long-Term Incentive Plan (July 8th, 2016)

This Non-Employee Director Stock Option Agreement (the "Agreement") is made this __ day of _________ 20__ (the "Grant Date") between Orthofix International N.V., a Curacao company (the "Company"), and the person signing this Agreement adjacent to the caption "Optionee" on the signature page hereof (the "Optionee"), a non-employee member of the Board of Directors of the Company (the "Board"). Capitalized terms used and not otherwise defined herein shall have the meanings attributed thereto in the Orthofix International N.V. 2012 Long-Term Incentive Plan (the "Plan").

Techne Corporation – Director Nonqualified Stock Option Agreement Bio-Techne Corporation Amended and Restated 2010 Equity Incentive Plan (October 30th, 2015)

THIS AGREEMENT is made effective as of [*], by and between Bio-Techne Corporation, a Minnesota corporation (the "Company"), and [*] ("Participant").

Houston Wire & Cable Company – HOUSTON WIRE & CABLE COMPANY 2006 STOCK PLAN (As Amended and Restated Effective March 1, 2015) FORM OF DIRECTOR NONQUALIFIED STOCK OPTION AGREEMENT (August 6th, 2015)

I am pleased to inform you that on [DATE], pursuant to the Houston Wire & Cable Company 2006 Stock Plan, as amended and restated effective March 1, 2015 (the "Plan"), the Board of Directors (the "Board") of Houston Wire & Cable Company (the "Company") granted to you a Non-Qualified Stock Option (the "Option") to acquire shares of common stock, par value $0.01 per share ("Shares"), of the Company. This letter agreement constitutes your Stock Option Agreement under the Plan with respect to the Option.

Exar Corporation 2014 Equity Incentive Plan Director Nonqualified Stock Option Agreement (June 5th, 2015)

THIS DIRECTOR NONQUALIFIED STOCK OPTION AGREEMENT (this "Option Agreement") dated _____________________ by and between EXAR CORPORATION, a Delaware corporation (the "Company"), and ___________________________ (the "Director") evidences the nonqualified stock option (the "Option") granted by the Company to the Director as to the number of shares of the Company's Common Stock first set forth below.

Techne Corporation – Director Nonqualified Stock Option Agreement Bio-Techne Corporation 2010 Equity Incentive Plan (February 9th, 2015)

THIS AGREEMENT is made effective as of this [*], by and between Bio-Techne Corporation, a Minnesota corporation (the "Company"), and [*] ("Participant").

Brady Corporation Director Nonqualified Stock Option Agreement (September 29th, 2014)

Option granted on ________ X, 20XX, by Brady Corporation, a Wisconsin corporation (hereinafter called the "Company"), to ____________________(hereinafter called the "Director") pursuant to the terms of the Brady Corporation 2012 Omnibus Incentive Stock Plan. The Corporation's records shall be the official record of the Option grant described herein and, in the event of any conflict between this description and Corporation's records, the Corporation's records shall control.

Orthofix International N.V. – Non-Employee Director Nonqualified Stock Option Agreement Under the Orthofix International N.V. 2012 Long-Term Incentive Plan (March 1st, 2013)

This Option Agreement (the Agreement) is made this day of 20 (the Grant Date) between Orthofix International N.V., a Curacao company (the Company), and the person signing this Agreement adjacent to the caption Optionee on the signature page hereof (the Optionee), a non-employee member of the Board of Directors of the Company (the Board). Capitalized terms used and not otherwise defined herein shall have the meanings attributed thereto in the Orthofix International N.V. 2012 Long-Term Incentive Plan (the Plan).

[Form Of] Krispy Kreme Doughnuts, Inc. 2012 Stock Incentive Plan Director Nonqualified Stock Option Agreement (December 7th, 2012)

THIS NONQUALIFIED STOCK OPTION AGREEMENT (the Agreement) is made as of [_____] (the Grant Date), by and between Krispy Kreme Doughnuts, Inc., a North Carolina corporation (the Company), and [_____], a member of the Board of Directors of the Company (the Participant).

Varian Medical Systems, Inc. Third Amended and Restated 2005 Omnibus Stock Plan Non-Employee Director Nonqualified Stock Option Agreement (November 21st, 2012)

Varian Medical Systems, Inc. (the Company) hereby grants you, <<FNAME>> <<LNAME>> (the Director), a nonqualified stock option under the Companys Third Amended and Restated 2005 Omnibus Stock Plan (the Plan), to purchase shares of common stock of the Company (Shares)*. The date of this Agreement is <<GrantDate>> (the Grant Date)*. In general, the latest date this option will expire is <<ExpirationDate>> (the Expiration Date) as stated on the Grant Summary*. However, as provided in the attached Non-Employee Director, Terms and Conditions of Nonqualified Stock Option (Appendix A), this option may expire earlier than the Expiration Date. Subject to the provisions of Appendix A and of the Plan, the principal features of this option are as follows:

Helmerich & Payne, Inc. – Director Nonqualified Stock Option Agreement (March 14th, 2012)

THIS DIRECTOR NONQUALIFIED STOCK OPTION AGREEMENT (the Option Agreement), is made as of the grant date set forth on the cover page of this Award Agreement (the Cover Page) at Tulsa, Oklahoma by and between the participant named on the Cover Page (the Participant) and Helmerich & Payne, Inc. (the Company):

Brady Corporation Director Nonqualified Stock Option Agreement (September 27th, 2011)

Option granted on X, 20XX, by Brady Corporation, a Wisconsin corporation (hereinafter called the Company), to (hereinafter called the Director) pursuant to the terms of the Brady Corporation 2012 Omnibus Incentive Stock Plan. The Corporations records shall be the official record of the Option grant described herein and, in the event of any conflict between this description and Corporations records, the Corporations records shall control.

Amended and Restated Power-One, Inc. 2004 Stock Incentive Plan Eligible Director Nonqualified Stock Option Agreement (May 10th, 2011)

WHEREAS, the Corporation has adopted and the stockholders of the Corporation have approved the Power-One, Inc. Amended and Restated 2004 Stock Incentive Plan, (the Plan).

Abitibibowater Inc. 2010 Equity Incentive Plan Director Nonqualified Stock Option Agreement (January 7th, 2011)

THIS OPTION AGREEMENT (the Agreement), dated as of [Insert Date]1 (the Date of Grant), is made by and between AbitibiBowater Inc., a Delaware corporation (the Company), and (Participant).

Brady Corporation Director Nonqualified Stock Option Agreement (October 6th, 2009)

Option granted on , ___, by Brady Corporation, a Wisconsin corporation (hereinafter called the Company), to (hereinafter called the Director) pursuant to the terms of the Brady Corporation 2010 Nonqualified Stock Option Plan for Non-Employee Directors. The Corporations records shall be the official record of the Option grant described herein and, in the event of any conflict between this description and Corporations records, the Corporations records shall control.

Brady Corporation Director Nonqualified Stock Option Agreement (September 28th, 2009)

Option granted on , ___, by Brady Corporation, a Wisconsin corporation (hereinafter called the Company), to (hereinafter called the Director) pursuant to the terms of the Brady Corporation 2010 Nonqualified Stock Option Plan for Non-Employee Directors. The Corporations records shall be the official record of the Option grant described herein and, in the event of any conflict between this description and Corporations records, the Corporations records shall control.

Orthofix International N.V. – Non-Employee Director Nonqualified Stock Option Agreement Under the Orthofix International N.V. Amended and Restated 2004 Long-Term Incentive Plan (July 7th, 2009)

This Option Agreement (the " Agreement ") is made this __ day of _________ 20__ (the " Grant Date ") between Orthofix International N.V., a Netherlands Antilles company (the " Company "), and the person signing this Agreement adjacent to the caption "Optionee" on the signature page hereof (the " Optionee "), a non-employee member of the Board of Directors of the Company (the "Board"). Capitalized terms used and not otherwise defined herein shall have the meanings attributed thereto in the Orthofix International N.V. Amended and Restated 2004 Long-Term Incentive Plan (the " Plan ").

Meade Instruments Corp. Non-Employee Director Nonqualified Stock Option Agreement (June 15th, 2009)

THIS AGREEMENT dated as of the day of , between Meade Instruments Corp., a Delaware corporation (the Corporation), and (the Director).

Emisphere Technologies, Inc. – FORM OF NONEMPLOYEE DIRECTOR NONQUALIFIED STOCK OPTION AGREEMENT Under the Emisphere Technologies, Inc. 2007 Stock Award and Incentive Plan (May 21st, 2009)

THIS AGREEMENT dated as of the first day of , 20 , between Emisphere Technologies, Inc., a Delaware Corporation (the Company), and (the Optionee).

INTERNATIONAL RECTIFIER CORPORATION 2000 INCENTIVE PLAN (Amended and Restated as of November 22, 2004) NON-EMPLOYEE DIRECTOR NONQUALIFIED STOCK OPTION AGREEMENT (May 8th, 2009)

THIS OPTION AGREEMENT is between INTERNATIONAL RECTIFIER CORPORATION, a Delaware corporation (the Company), and (the Optionee). Pursuant to the International Rectifier Corporation 2000 Incentive Plan (Amended and Restated as of November 22, 2004) (the Plan), the Company has granted a nonqualified stock option to purchase authorized but unissued or treasury shares of Common Stock, $1.00 par value, of the Company as described below on the terms and conditions attached hereto and in the Plan:

True North Finance Corp – Director Nonqualified Stock Option Agreement (March 31st, 2009)

THIS AGREEMENT is dated effective as of the grant date set forth in Exhibit 1 attached hereto (December 3, 2008), between CS Financing CSF, a Delaware CSF (the "CSF"), and David Weild, a director of CSF ("Grantee").

True North Finance Corp – Director Nonqualified Stock Option Agreement (March 31st, 2009)

THIS AGREEMENT is dated effective as of the grant date set forth in Exhibit 1 attached hereto (December 3, 2008), between CS Financing CSF, a Delaware CSF (the "CSF"), and Marie Jorajuria, a director of CSF ("Grantee").

Varian Medical Systems, Inc. Second Amended and Restated 2005 Omnibus Stock Plan Non-Employee Director Nonqualified Stock Option Agreement (February 18th, 2009)

Varian Medical Systems, Inc. (the "Company") hereby grants you, <<FNAME>> <<LNAME>> (the "Director"), a nonqualified stock option under the Company's Second Amended and Restated 2005 Omnibus Stock Plan (the "Plan"), to purchase shares of common stock of the Company ("Shares")*. The date of this Agreement is <<GrantDate>> (the "Grant Date")*. In general, the latest date this option will expire is <<ExpirationDate>> (the "Expiration Date") as stated on the Grant Summary*. However, as provided in the attached Non-Employee Director, Terms and Conditions of Nonqualified Stock Option ("Appendix A"), this option may expire earlier than the Expiration Date. Subject to the provisions of Appendix A and of the Plan, the principal features of this option are as follows:

INTERNATIONAL RECTIFIER CORPORATION 2000 INCENTIVE PLAN (Amended and Restated as of November 22, 2004) NON-EMPLOYEE DIRECTOR NONQUALIFIED STOCK OPTION AGREEMENT (September 15th, 2008)

THIS OPTION AGREEMENT is between INTERNATIONAL RECTIFIER CORPORATION, a Delaware corporation (the "Company"), and (the "Optionee"). Pursuant to the International Rectifier Corporation 2000 Incentive Plan (Amended and Restated as of November 22, 2004) (the "Plan"), the Company has granted a nonqualified stock option to purchase authorized but unissued or treasury shares of Common Stock, $1.00 par value, of the Company as described below on the terms and conditions attached hereto and in the Plan:

Kinetic Concepts, Inc. – Kinetic Concepts, Inc. 2008 Omnibus Stock Incentive Plan Non-Employee Director Nonqualified Stock Option Agreement (August 8th, 2008)

THIS AGREEMENT (the "Option Agreement") is made and entered into as of _______________, 200__ (the "Date of Grant"), by and between Kinetic Concepts, Inc., a Texas corporation (the "Company"), and [_________________________] (the "Optionee"). Capitalized terms not defined herein shall have the meaning ascribed to them in the Company's 2008 Omnibus Stock Incentive Plan (the "Plan"). Where the context permits, references to the Company or any of its Subsidiaries or affiliates shall include the successors to the foregoing.

True North Finance Corp – Director Nonqualified Stock Option Agreement (July 18th, 2008)

THIS AGREEMENT is dated effective as of the grant date set forth in Exhibit 1 attached hereto (June 5, 2008), between CS Financing CSF, a Delaware CSF (the "CSF"), and [Name of Director], a director of CSF ("Grantee").

Charles & Colvard – CHARLES & COLVARD, LTD. 2008 STOCK INCENTIVE PLAN Director Nonqualified Stock Option Agreement (June 2nd, 2008)

THIS AGREEMENT (together with Schedule A, attached hereto, the Agreement), effective as of , 200 (the Grant Date), between CHARLES & COLVARD, LTD., a North Carolina corporation (the Corporation), and , a Director of the Corporation (the Participant);

Questcor Pharmaceuticals, Inc. – Form of Non-Employee Committee Member Nonqualified Stock Option Agreement Non- Employee Director Nonqualified Stock Option Agreement (January 4th, 2008)

Questcor Pharmaceuticals, Inc. (the Company), pursuant to its 2004 Non-Employee Directors Equity Incentive Plan (the Plan) has this day granted to you, the optionee named above, an option to purchase shares of the common stock of the Company (Common Stock). This option is not intended to qualify and will not be treated as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the Code). Capitalized terms used herein without definition shall have the meanings given to such terms in the Plan.

Questcor Pharmaceuticals, Inc. – Form of Non-Employee Director Nonqualified Stock Option Agreement Non-Employee Director Nonqualified Stock Option Agreement (January 4th, 2008)

Questcor Pharmaceuticals, Inc. (the Company), pursuant to its 2004 Non-Employee Directors Equity Incentive Plan (the Plan) has this day granted to you, the optionee named above, an option to purchase shares of the common stock of the Company (Common Stock). This option is not intended to qualify and will not be treated as an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the Code). Capitalized terms used herein without definition shall have the meanings given to such terms in the Plan.

Varian Medical Systems, Inc. Second Amended and Restated 2005 Omnibus Stock Plan Non-Employee Director Nonqualified Stock Option Agreement (November 26th, 2007)

Varian Medical Systems, Inc. (the Company) hereby grants you, <<FNAME>> <<LNAME>> (the Director), a nonqualified stock option under the Companys Second Amended and Restated 2005 Omnibus Stock Plan (the Plan), to purchase shares of common stock of the Company (Shares)*. The date of this Agreement is <<GrantDate>> (the Grant Date)*. In general, the latest date this option will expire is <<ExpirationDate>> (the Expiration Date) as stated on the Grant Summary*. However, as provided in the attached Non-Employee Director, Terms and Conditions of Nonqualified Stock Option (Appendix A), this option may expire earlier than the Expiration Date. Subject to the provisions of Appendix A and of the Plan, the principal features of this option are as follows:

Pokertek – POKERTEK, INC. 2007 STOCK INCENTIVE PLAN Director Nonqualified Stock Option Agreement (August 14th, 2007)

THIS AGREEMENT (together with Schedule A, attached hereto, this "Agreement"), effective as of ____________ ___, 200__ (the "Grant Date"), between POKERTEK, INC., a North Carolina corporation (the "Corporation"), and ______________________, a Director of the Corporation (the "Participant");

Medarex – Medarex, Inc. Non-Employee Director Nonqualified Stock Option Agreement for 2005 Equity Incentive Plan (May 22nd, 2007)

MEDAREX, INC. a New Jersey corporation (the Company), in consideration of the value to it of the continuing services of XXXXXXX (hereinafter called Optionee), which continuing services the grant of this option is designed to secure, and in consideration of the various undertakings made herein by Optionee, and pursuant to its 2005 Equity Incentive Plan (hereinafter called the Plan), hereby grants to Optionee an option (the Option), evidenced by this Option Agreement, exercisable for the period and upon the terms hereinafter set out, to purchase XXXXX shares (the Option Amount) of $.01 par value common stock of the Company (Common Stock) at a price of $XXXXX per share (the Option Price), which price represents at least the Fair Market Value (as such term is defined in the Plan) of the shares as of the Date of Grant (as hereinafter defined).