Director Stock Option Plan Sample Contracts

APPLE INC. 1997 DIRECTOR STOCK OPTION PLAN (Effective as of May 10, 2007) (May 16th, 2007)

On April 9, 2007 the Board adopted this amended 1997 Director Stock Option Plan (the Plan), which shall govern all grants of Options made after this amendment and restatement, and which shall become effective upon its approval by the Companys shareholders (the Effective Date). For the terms and conditions of the Plan applicable to Options granted before the Effective Date, refer to the version of the Plan in effect as of the date such Option was granted.