STOCK OPTION AGREEMENT DATED NOVEMBER 12, 1999 Exhibit 10.53 SAMSONITE CORPORATION STOCK OPTION AGREEMENT This Agreement, dated as of November 12, 1999, is between SAMSONITE CORPORATION, a Delaware corporation (the "Company"), and______________ (the...Stock Option Agreement Dated November • April 18th, 2000 • Samsonite Corp/Fl • Leather & leather products • New York
STOCK OPTION AGREEMENT This Agreement, dated as of November 12, 1999, is between SAMSONITE CORPORATION, a Delaware corporation (the "Company"), and______________ (the "Employee"). The stock options granted pursuant to this Agreement are awarded under the Company's FY 1995 Stock Option and Incentive Award Plan ("1995 Plan") and are subject to the 1995 Plan. 1. Grant. The Company confirms that the Employee has been granted, effective November 12, 1999 (the "Date of Grant"), the right to purchase (the "Options") from the Company an aggregate of _________ shares of the Company's common stock, par value $.01 per share ("Common Stock"). The Options constitute Nonqualified Stock Options. 2. Exercise Price. The initial exercise price per share (the "Exercise Price") for the Options is $6.00. 3. Non-transferability. The Options may not be assigned, transferred or disposed of, or pledged or hypothecated in any way, and may not be subject to execution, attachment or other process, other than by w
