Non-Qualified Stock Option Agreement Cancellation and Regrant Sample Contracts

NON-QUALIFIED STOCK OPTION AGREEMENT CANCELLATION AND REGRANT
Non-Qualified Stock Option Agreement Cancellation and Regrant • June 13th, 2007 • Apollo Group Inc • Services-educational services • Arizona

This Agreement is made and entered into by and between APOLLO GROUP, INC., an Arizona corporation (hereinafter referred to as the “Company”) and «Name» (hereinafter referred to as “Employee”), on this day of July 2007 (which date is hereinafter referred to as the “Date of Grant”). If Employee is presently or subsequently becomes employed by a subsidiary of the Company, the term “Company” shall be deemed to refer collectively to Apollo Group, Inc. and the subsidiary or subsidiaries, which employ the Employee.

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